Country Financial News
13.03 / 18:15
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Joe Oliver: Hands off my pension! That includes you, Chrystia Freeland
Last week, 92 prominent senior executives, investment managers and individual investors signed an open letter to the federal and provincial ministers of finance expressing concern with “the decline in Canadian investments by pension funds and its impact on the Canadian economy.” Aggregate public and private Canadian equity investments are down to about a tenth of the total of more than $3 trillion in total pension assets.
13.03 / 18:07
Waves
Citizens
country
Videos
Old video of CJI Chandrachud's son Abhinav goes viral amid furore over CAA: 'This law makes no sense to me...'
Citizenship Amendment Act seeks to grant citizenship to undocumented non-Muslim migrants from Pakistan, Bangladesh and Afghanistan who came to India before December 31, 2014. Sharing Abhinav's viral video on CAA, Rajya Sabha MP and Shiv Sena (UBT) leader Priyanka Chaturvedi in a post on X (formerly Twitter) said, "Do listen to Abhinav Chandrachud on not just CAA but also the constitutional gaps over the years on citizenship." Abhinav has argued that those not falling under the CAA, have to wait for 11 years to become an Indian citizen by naturalisation constitutionally, while those covered under the CAA get to be a citizen in 5 years. "This does not make any sense to me." "The residence requirement in India has been reduced by the Citizenship Amendment Act.
13.03 / 18:07
UPS
Provident
security
Food
Trade
country
classical
NOT
13th Ministerial Conference of the WTO: Multiple narratives need not perplex us
Rashomon, the classic 1954 film by Japanese director Akiro Kurosawa, narrates four different perspectives of a crime. The Rashomon Effect aptly applies to varying accounts of the recently concluded 13th Ministerial Conference (MC-13) of the World Trade Organization (WTO), with much commentary in the Western media holding India as a spoiler even as Indian write-ups provided justification for the country’s positions. All this, while geopolitical shifts have resulted in strategic economic partnerships worldwide overshadowing the WTO.
13.03 / 17:07
Manufacturing
Micron
country
electronic
information
Schools
Profiles
NOT
Day not far when India becomes global semiconductor hub: PM Modi
semiconductor hub and will also raise the country’s profile in the global semiconductor value chain,” Prime Minister Narendra Modi on Wednesday said. Modi on Wednesday laid the foundation stone for India’s first pure-play commercial semiconductor chip manufacturing foundry by the Tata Group at Dholera in Gujarat.
13.03 / 17:07
Citi
Citizens
WhatsApp
country
reports
Magnitude 6.0 earthquake strikes Papua New Guinea: USGS
magnitude 6.0 earthquake hit Papua New Guinea early Thursday, about 65 kilometres southeast of the town of Kimbe, the United States Geological Survey said. The quake had a depth of approximately 50 kilometres (31 miles), and struck outside Kimbe, in the West New Britain region, at about 1:13 am (1513 GMT Wednesday), the USGS said.
13.03 / 17:07
Citizens
Assurant
Opinion
country
rights
NOT
Mamata Banerjee peddling falsehood about CAA, bonafide citizens need not worry: Suvendu Adhikari
Mamata Banerjee of «spreading falsehood» on the issue of notification of CAA, senior BJP leader Suvendu Adhikari on Wednesday said that bonafide citizens need not worry as they will continue to live without any fear. Addressing a public meeting at Ranaghat in Nadia district, the Leader of Opposition in the state assembly asserted that Muslims living in the country for centuries are bonafide citizens and urged them not to be «misled by false claims of Banerjee» as «they will continue to live without any fear or hassle». Claiming that the CAA was a precursor to implementing the National Register of Citizens (NRC) across the country, TMC supremo Mamata Banerjee had on Tuesday said, «I apprehend that existing citizens would automatically be first designated as illegal immigrants and then left at the mercy of the committee to grant them citizenship afresh.» Adhikari also asserted that the law would enable three crore Bengali Hindus, who were forced to emigrate from erstwhile East Pakistan, to get their citizenship rights affirmed once and for all.
13.03 / 16:39
UPS
Manufacturing
country
electronic
innovations
testing
Chip plants to make India a hub, foster innovation: PM Modi
NEW DELHI : Prime Minister Narendra Modi laid the foundation stone for three semiconductor projects worth about ₹1.25 trillion on Wednesday, saying chip manufacturing will take India towards self-reliance and modernity. “India is set to become a prominent semiconductor manufacturing hub. The three facilities will drive economic growth and foster innovation," he said in a virtual address during the foundation ceremony.
13.03 / 15:27
UPS
Provident
Platform
country
2020
Debt relief platform Freed raises $7.5 million led by Sorin Investments
Freed has raised $7.5 million in a fresh funding round, the company said in a release today. The round was led by Sanjay Nayar-backed Sorin Investments and early-stage venture fund Multiply Ventures, with participation from Piper Serica Fund and a few others.
13.03 / 15:27
security
ByteDance
TikTok
Bill
President
country
Schools
US House overwhelmingly passes TikTok ban bill
US House of Representatives overwhelmingly approved a bill on Wednesday that would force TikTok to divest from its Chinese owner or get banned from the United States. The lawmakers voted 352 in favor of the proposed law and 65 against, in a rare moment of bipartisan unity in politically divided Washington.
13.03 / 15:27
UPS
FIVE
Election
President
country
reports
recommendations
Kovind panel may submit report on simultaneous polls on Thursday
simultaneous polls headed by former president Ram Nath Kovind is likely to submit its report on 'one nation, one election' on Thursday, it is learnt. Though there was no official word yet, sources said the report could be submitted to President Droupadi Murmu. The panel may recommend amending at last five articles of the Constitution to enable holding of simultaneous polls in the country. The proposed report would also focus on having a singular electoral roll for holding Lok Sabha, state assembly and local body polls.
13.03 / 14:47
COST
Cooper
Metro
Food
Trade
country
Cabinet clears ₹8,399 crore Delhi metro rail expansion project
₹8,399 crore to improve public transport in the capital by adding two rail corridors, an official statement said. The new lines will be ready for public use by March 2026, Union minister for information and broadcasting Anurag Thakur told reporters at a briefing.
13.03 / 13:41
markets
economy
wellness
Diversity
country
reports
International
Foreign investors inject over $4 billion annually into Indian real estate: Colliers report
Luxury brand leases in India surge 170% in 2023: Report “2024 is anticipated to be a more dynamic year for the both the Asia Pacific real estate markets as well as capital in the region remaining the dominant investor in global real estate. The ability to act quickly, dig deeply into markets and sectors to identify value, and forge productive partnerships will be key to making the most of the region’s diversity and increased opportunity," said Chris Pilgrim, Colliers Managing Director of Global Capital Markets, APAC, said.
13.03 / 12:25
Provident
Manufacturing
WhatsApp
country
cover
Heavy industries ministry announces Rs 500 cr scheme to promote e-mobility
heavy industries ministry on Wednesday announced a new scheme to promote e-mobility in the country with an outlay of Rs 500 crore for four months beginning April 2024. The new scheme is for 2-wheelers and 3-wheelers. The second phase of FAME-II or Faster Adoption and Manufacturing of Electric Vehicles in India programme ends on March 31, 2024. Announcing E-Mobility Promotion Scheme 2024 (EMPS 2024), Heavy Industries Minister Mahendra Nath Pandey said the Modi government is committed to promoting e-mobility in the country.
13.03 / 12:13
FIVE
country
reports
Headlines
Global dividends hit record $1.66trn in 2023
Headline dividend growth stood at 5.6% for the year, the report found. The fourth quarter of 2024 was «particularly encouraging», Janus Henderson said, as dividends rose by 7.2% in the three-month period on an underlying basis. IWD 24: Is Meta's dividend a sign the FAANGs are becoming mature companies? Globally, 86% of companies either increased or, kept them level last year. However, large cuts from five companies — BHP, Petrobras, Rio Tinto, Intel and AT&T — shaved off two percentage points from global underlying growth, the report found. Overall, 22 countries experienced reco...
13.03 / 12:13
Provident
Progressive
security
economy
Election
country
People shouldn't waste their votes on Congress, Samajwadi Party: Yogi Adityanath
Yogi Adityanath on Wednesday said people should not «waste their votes» on the Congress and the Samajwadi Party (SP) «if they cannot do anything for the poor». In Farrukhabad, Adityanath lashed out at the previous governments and cautioned the voters not to get seduced by those who «imposed curfews, prevented progress and worked on a policy of appeasement». Addressing a function in Unnao to inaugurate and lay foundation stones of projects worth Rs 241 crore, the chief minister asked the gathering, «Could those in the Congress have made the Ram temple (possible) in Ayodhya? Could those in the SP have made it? If they cannot give ration, houses or health facilities to the poor nor can they respect your faith by building a Ram temple, why do you waste your vote and accept them as a burden over you?» With 80 Lok Sabha seats, the maximum amongst all the states, Uttar Pradesh is the most crucial battleground for the Bharatiya Janata Party (BJP), which is eyeing to retain power for a third consecutive term at the Centre in the upcoming general election.
13.03 / 12:13
UPS
FIVE
WhatsApp
Actor
country
Gorakhpur Lok Sabha polls 2024: Dates, schedule, party-wise candidates and other key details
Gorakhpur has emerged as one of the key constituencies of Uttar Pradesh over the many Lok Sabha conducted in the country. The constituency derives its name from the Sanskrit word, Gorakshapuram which means abode of Gorakhnath. Gorakhpur has been known to have been a stronghold of BJP. The electoral battleground sees tough competition between the BJP and the Samajwadi Party. The particular constituency holds importance for the current state Chief Minister, Yogi Adityanath, who was winning for five years but later decided to give up the position to be a part of the state legislative. Gorakhpur Lok Sabha polls 2024: Dates
13.03 / 12:13
Provident
Election
country
social
information
reports
Courts
Election Commission will disclose details on electoral bonds in time: CEC Rajiv Kumar
Election Commission has received details from the State Bank of India (SBI) related to the electoral bonds and will share all relevant information in time, Chief Election Commissioner Rajiv Kumar said here on Wednesday. The assertion comes in the wake of the Supreme Court directing the SBI to submit the details of the electoral bonds purchased since April 12, 2019 to the EC. SBI is the authorised financial institution to issue the electoral bonds. «The SBI was supposed to submit the data by March 12. They have given to us the details in time. I will go back and look at the data (and) would definitely disclose it in time,» Kumar told reporters here.
13.03 / 12:13
Provident
Progressive
Election
community
President
country
gatherings
People from disadvantaged sections biggest beneficiaries of govt schemes: PM Modi
Prime Minister Narendra Modi said on Wednesday that people from disadvantaged sections like SCs, STs and OBCs are the biggest beneficiaries of his government's welfare schemes as he accused the previous Congress dispensations of neglecting them and never appreciating their role in the country's progress. Speaking at the launch of the PM-SURAJ national portal, he cited the election of Ram Nath Kovind and Droupadi Murumu, who come from Dalit and tribal communities respectively, as president to assert that the BJP's efforts to ensure that those from deprived sections reach top positions will continue. The opposition made every effort to ensure their defeat, he said. Taking a swipe at the Opposition, Prime Minister Modi asked the gathering that consisted of people from disadvantaged groups, «How can anyone say I have no family when I have brothers and sisters like you?»
13.03 / 11:49
13.03 / 11:41
UPS
Citizens
Bill
country
Equality
rights
Home Ministry to set up helpline for those seeking Indian citizenship under CAA; check details
ALSO READ: CAA rules notified: Here is what the 2019 Bill on Citizenship Amendment Act proposed The law will pave the way for Hindu, Sikh, Jain, Buddhist, Christian, and Parsi refugees, who came to India before December 31, 2014, from Afghanistan, Bangladesh, and Pakistan to acquire Indian citizenship without having a valid passport of these countries or an Indian visa. The Citizenship (Amendment) Bill 2019 was passed in Parliament in December 2019.
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