Country Financial News

Heatwave conditions are expected to persist over portions of east and peninsular India from April 3 to April 6. Karnataka and Coastal Andhra Pradesh are likely to experience heatwave conditions on April 4, while isolated places in Odisha, West Bengal, and Jharkhand may also face heat wave conditions during this period. Heatwaves are predicted in isolated pockets of Rayalaseema, Gangetic West Bengal, and East Madhya Pradesh from April 3rd to 5th.

Justin Trudeau says the government wants to rein in the number of temporary immigrants coming to the country, saying the situation needs to be brought “under control.”“Whether it’s temporary foreign workers or whether it’s international students in particular, that have grown at a rate far beyond what Canada has been able to absorb,” Trudeau said at a housing announcement in Dartmouth, N.S.“To give an example, in 2017, two per cent of Canada’s population was made up of temporary immigrants. Now we’re at 7.5 per cent of our population comprised of temporary immigrants.

Cement producers across the country are set to hike prices by an average of Rs 10-15 per bag this month, even as demand is seen subdued due to a slowdown ahead of general elections. While price hikes could be sharper in some regions, including southern India, dealers do not see these sustaining and expect hikes of only around Rs 10-20 to hold up. Cement prices have corrected for five months in a row now, and average prices for the March quarter are 5-6% lower as compared to the December quarter, with price cuts sharpest in east and south India.

₹10,000 for the first adjournment sought by a disputant and double that sum for every subsequent one. Why do lawyers seek more than three adjournments and courts grant these in spite of the fact that it is irregular? Many lawyers, especially senior ones, have many briefs on their hands, and when conflicting timings of case hearings arise in different courts, their juniors are asked to seek fresh dates. Most often, judges oblige.

Forget black-tie dinners or summits at picturesque locales. The irascible leaders of some of Latin America’s biggest countries are instead taking a decidedly disdainful approach to diplomatic relations. In a region far from global conflicts, presidents here are instead embroiled in the kind of verbal spats commonly found on schoolyards—a war of words playing out on television and via posts on X.

The European Council recently approved the EU’s Corporate Sustainability Due Diligence Directive (CSDDD), a due-diligence requirement that creates a legal liability for EU-based firms arising from any environmental and human-rights violations (including labour rights) within their supply chains. The CSDDD awaits a nod from the European Parliament, which is going for elections in June. Indian exporters are still grappling with the European Union’s Carbon Border Adjustment Mechanism (CBAM) that will effectively tax our carbon-intensive industries serving EU markets.

Brent crude reached $89 per barrel on Tuesday, up from $77 at the end of 2023. Analysts expect a straightforward meeting, supporting the earlier decision to extend output cuts. The meeting is scheduled for 1 p.m.

Global brands such as Apple, Netflix, Microsoft, Google, and Facebook are an integral part of our daily routines, reflecting their widespread influence on our lives. From smartphones to automobiles and consumer electronics, Indians have a penchant for owning products from these renowned international companies.

jobs, and then sell what they produce to the rest of the world. The recipe — customized in varying ways by Hong Kong, Singapore, South Korea, Taiwan and China — has produced the most potent engine the world has ever known for generating economic growth. It has helped lift hundreds of millions of people out of poverty, create jobs and raise standards of living.

luxury hotels of brands such as Fairmont, Raffles and Sofitel opening up in the years ahead besides hotels of other brands from Accor’s luxury and lifestyle division, said Sébastien Bazin, group chairman and CEO of the French multinational hospitality chain and Europe’s largest hotel chain in an interview with ET. Accor will open 30 hotels in India totalling about 5,500 keys in the next three to five years. The chain currently has 62 hotels in India totalling around 11,000 rooms, but that’s not enough, Bazin said. “I have been a big believer in India, but we have 2000 hotels in France and less than 100 hotels in India. Going by the size of the country, we should have well over 1000 hotels here. I know this is going to take very long but it should happen in the future and it is going to be worth it. We will need more Accor employees here across many different layers over time and we will have to give them greater decision-making powers," he added.

Pakistan's Supreme Court announced on Monday its intention to investigate accusations of meddling by the nation's intelligence agencies in judicial matters, as detailed in a notable letter from six high court judges. This development, following considerable public uproar and criticism, marks a potential pivotal moment in the civil-military dynamics within the country.

Amit Shah on Tuesday accused the Congress of taking support from the Social Democratic Party of India, the political arm of the banned Popular Front of India, «even as blasts are taking place in Bengaluru». The senior BJP leader was apparently referring to the recent blast at popular eatery Rameshwaram Cafe, which is under investigation. Shah also claimed that there has been no trace of corruption on Prime Minister Narendra Modi as against the Congress, which has allegedly stains of corruption of Rs 12 lakh crore. «On the one hand there are explosions in Bengaluru and on the other hand I got an information that SDPI has supported Congress. If it is true, then can people of Karnataka be safe under Congress?,» Shah asked during his election campaign in Channapatna in Ramanagara district, which is part of Bengaluru Rural Constituency. BJP has fielded Dr C N Manjunath, a renowned cardiologist who was the head of Sri Jayadeva Institute of Cardiology. Manjunath is the son-in-law of former Prime Minister and JD(S) supremo H D Deve Gowda and brother-in-law of former Chief Minister H D Kumaraswamy.

The Tropicana Las Vegas has been a familiar landmark in a city known for constant reinvention since its grand opening in April 1957

UltraTech Cement has crossed 150 million tonne in production capacity with the commissioning of two greenfield units in Tamil Nadu and Chhattisgarh on Tuesday. The country’s largest producer of cement can now produce as much as 150% of cement produced in US, while equaling four-fifth of the total production of cement in Europe. “Reaching this milestone is symbolic of India’s ascent on the global stage and demonstrates the dynamism and scale of Indian corporations,” Kumar Mangalam Birla, chairman of the Aditya Birla Group said.

Singapore has taken steps to expand its crypto regulations by including the custody of tokens and firms involved in fund transfers. 

Cryptocurrencies have sparked a global debate on the future of financial transactions, with a particular focus on their integration into daily payments. 

PTI. Though the minister said that it was 'inevitable', he called for heightened efforts to achieve the goal. Jaishankar pointed out that the international momentum is now favouring India's bid for a permanent seat. Addressing intellectuals in Rajkot, the external affairs minister said India needs diligent work to secure the coveted position in the world peace body.

NEW DELHI : Power plants running on imported coal will have to operate at full capacity till September to meet rising demand for electricity, as per a government order. The power ministry said in a statement that it will extend Section 11 of the Electricity Act till the end of September. So far, the mandate is in effect till June.

FSSAI) has directed all ecommerce companies to not to refer to dairy based beverages, cereal based beverages or malt based beverages as 'health drink or energy drink' as the term 'health drink' has not been defined uder the food laws of the country and 'energy drink' refers to carbonated and non-carbonated water based flavoured drinks under the laws. The usage of incorrect terms can be «misleading» For consumers therefore, «FSSAI has advised all e-commerce FBOs to promptly rectify this misclassification by removing or de-linking such drinks or beverages from the category of ‘Health Drinks / Energy Drinks, » the food regulator said in a statement. FSSAI has clarified that the term ‘Health Drink’ is not defined or standardized anywhere under the FSS Act 2006 or rules or regulations, which govern the food industry.

government Tuesday allowed exports of Kala Namak rice up to an aggregate quantity of 1,000 metric tonnes through six specified customs stations. Their exports were prohibited till now. “Authorized signatory for certification of Kala Namak rice and its quantity will be Director, Agriculture Marketing & Foreign Trade, Lucknow,” the Directorate General of Foreign Trade said in a notification. Kala Namak is a premium non-basmati rice variety grown in Uttar Pradesh.

Ashok Gehlot on Tuesday claimed that the BJP has given the slogan 'Abki baar 400 paar' because it wants to make several changes in the Constitution. Citing the reactions of the UN and Germany over the arrest of Delhi Chief Minister Arvind Kejriwal, Gehlot said there is criticism of India world over for stifling democracy. Suspecting abolition of reservation by the BJP, Gehlot also questioned the monopoly of the ruling party over Lord Ram. The senior Congress leader was addressing the nomination rally of party's Jodhpur Lok Sabha candidate Karan Singh Uchiyarda at Ummed Stadium along with Pradesh Congress Committee president Govind Singh Dotasara and All India Congress Committee general secretary Sachin Pilot.