Country Financial News

Caribbean leaders say all groups and political parties except one have submitted nominees for a transitional presidential council charged with selecting an interim prime minister for Haiti

Contraceptives will be available without a prescription in New York under an order signed by state health officials

European Union lawmakers have agreed to renew Ukraine’s import rates, which have been in place since shortly after Russia invaded while adding protective measures for agricultural products such as grain and honey to address the concerns of farmers acro...

Looking for a car to inspire adventure on the open road for spring break and beyond

For many years now, the Middle East has been the home to a growing sense of economic dynamism and an increasing appetite for the latest investment opportunity.

The British Virgin Islands (BVI) is aiming to become a major hub for digital asset activities. To achieve this, the territory is working to execute rules and systems that would enable participation in the expanding digital asset market.

NRI voters to cast their votes in the coming Lok Sabha polls that will be held in seven phases starting from April 19. The results will be announced on June 4. Calling all NRI voters to cast their vote this Lok Sabha Elections, said Press Information Bureau in a post on X. ALSO READ: Homecoming: Why NRIs are choosing India as their retirement destination

Maharashtra, Karnataka, Andhra Pradesh, and Telangana, are will be in the grip of severe heatwaves from the month of March itself. “We are expecting a higher number of heatwave days over most parts of the country over the next three months.

Chinese nationalists have unleashed a wave of online attacks targeting China’s richest man, accusing him of being insufficiently patriotic and denting his business, a reminder of the risks facing entrepreneurs despite Beijing’s efforts to restore confidence among private investors. Zhong Shanshan, the founder of bottled-drinks giant Nongfu Spring, has been under assault for weeks on Chinese social-media sites from users questioning his loyalty to China. Nongfu Spring’s stock price has dropped since the online attacks began.

For many years now, the Middle East has been the home to a growing sense of economic dynamism and an increasing appetite for the latest investment opportunity.

North Korea has successfully conducted a ground-jet test of a solid-fuel engine for a new type of intermediate hypersonic missile amid heightened tensions on the Korean peninsula, according to Yonhap News Agency. Reportedly, hypersonic missiles are on the list of sophisticated weapons North Korean leader Kim Jong-un vowed to develop during a key party congress in 2021, along with nuclear-powered submarines, spy satellites and solid-fuel intercontinental ballistic missiles. The missiles travel at a speed of at least Mach 5, five times the speed of sound, and are designed to be maneuverable on unpredictable flight paths and fly at low altitudes.

Maruti Suzuki India, the country's largest automaker, surged to a historic high, crossing the ₹12,000 per share mark for the first time in today's trading session to set a new record high of ₹12,025 apiece by gaining 3.7%. This surge represents the fourth consecutive day of gains for the stock.

Summer is yet to fully set in, but taps in India’s tech capital Bengaluru are running dry. Coming on the back of Karnataka’s worst drought in over four decades, the current crisis shows us what could be in store for the rest of the country—in the immediate future for some parts, and in the foreseeable future for others—as water remains a precious and scarce commodity. The India Meteorological Department (IMD) has warned of a hotter and drier summer this year due to the El Niño effect.

S Jaishankar on March 20 called former Prime Minister Jawaharlal Nehru's foreign policy stance towards China a "bubble". Speaking at the News18 'Rising Bharat Summit 2024', Jaishankar was critical of early India's foreign policy direction under then Prime Minister Jawaharlal Nehru. "This is a bubble we have created.

Russia’s seizure of billions of dollars worth of foreign-owned planes has set off the biggest-ever brawl in the normally staid business of aircraft insurance. Some of the world’s biggest insurers are fighting back against claims by the aircraft’s owners. The insurers say the owners should have done more to grab planes before they were seized.

Startup Mahakumbh, Prime Minister Narendra Modi likened the spirit of entrepreneurship to the realm of politics. Emphasizing the essence of innovation and resilience, he underscored the disparity between traditional political ventures and the dynamic nature of startups. «Many people try to 'launch' startups, especially in politics, sometimes multiple times… The difference between you and them is that you're experimental. You try new ideas after the failure of one launch,» PM Modi said without taking any name. The dig was apparently made on Congress leader Rahul Gandhi. Rahul Gandhi's recent endeavors, including the Bharat Jodo Yatra and the Bharat Jodo Nyay Yatra, are perceived as strategic moves to rebrand himself and assert his leadership within the Congress party, particularly in the lead-up to the forthcoming General elections. Notably, Gandhi is poised to contest again from his current constituency, Wayanad.

NEW DELHI : India has emerged as the world's third-largest startup ecosystem, a development that Prime Minister Narendra Modi believes will chart the country's course towards becoming a developed nation by 2047. Addressing the audience at the Startup Mahakumbh on Wednesday, the prime minister highlighted unprecedented growth of India's startup culture.

Narendra Modi on March 20 said India is the world's third-largest startup ecosystem, with the youth leading the way. “India's startup ecosystem flourishing at an unprecedented rate, driven by the youth.

JSW MG Motor India Pvt Ltd — the newly formed entity owned by Sajjan Jindal owned JSW Group and SAIC's MG Motor India — plans to sell a million units of the new energy vehicles (NEVs) by 2030, said Sajjan Jindal, chairman JSW Group. «With MG we can create a new energy Maruti moment, Jindal said in Mumbai at an event to announce the road ahead for the new entity. »At JSW we will not only produce the EVs with MG, we will address the entire ecosystem," said Jindal.

Tamilisai Soundararajan, the former Governor of Telangana, has made a significant return to active politics by rejoining the Bharatiya Janata Party (BJP) in Tamil Nadu. Soundararajan's decision to join the BJP was announced at the party's headquarters 'Kamalalayam' in Chennai, where she was warmly received by Tamil Nadu BJP President K Annamalai. Soundararajan, who had previously contested in assembly and general elections, expressed her eagerness to once again participate in electoral politics. She emphasized her commitment to serving the public through direct and honest politics. «I am returning to direct and honest politics. Upon acceptance of my resignation letter by the President, I will inform the media about my future plans,» Soundararajan told reporters. Soundararajan's resignation as Telangana governor was accepted by President Droupadi Murmu, who has appointed C P Radhakrishnan, the Governor of Jharkhand, to discharge the duties of the Governor of Telangana and Lieutenant Governor of Puducherry in addition to his current responsibilities.

Rakesh Sharma, ED, Bajaj Auto, says coming to exports recovery, in the last one or two quarters, we have bottomed out and have also sensed a slightly better flow of funds from overseas, but still have to watch a couple of quarters to see whether there is a substantive and sustainable recovery now well underway.” There are so many factors to look forward to, new launches in EVs, a recovery in exports, the growth in the CNG motorcycle launch. Let’s begin with the recovery that we have seen in exports, a 10% year-on-year growth. Can you build on this number and if so, which are the markets according to you that will really lead this growth? Rakesh Sharma: I must say that the exports recovery needs to be still watched for a couple of quarters. It is completely on the back of macroeconomic factors. Happily, in many countries, the informal exchange rate and the formal exchange rate are now finally converging, which allows the banking systems to support international trade though, of course, it is a serious devaluation in many countries which raises the ultimate purchase price and that has to be digested.