Country Financial News
12.03 / 13:11
pandemic
country
hospital
reports
travelers
International
Destinations
For international travellers, India remains a distant destination
NEW DELHI : India’s tourism sector is yet to recover from the pandemic years, with international travellers who bring in higher tourism dollars preferring other countries in the Asia-Pacific region over domestic destinations. Despite a resurgence of global travel last year, India welcomed only about 7.24 million international travellers in 2023, according to the ‘India State Ranking Survey’ by hospitality consultancy Hotelivate and The World Travel & Tourism Council (WTTC). Prior to the pandemic, in FY20, India received about 10.93 million international travellers, as per India’s tourism ministry. Of them, about 6.98 million were non-resident Indians visiting family and friends back home.
12.03 / 12:01
Provident
Digital
security
country
testing
Banco do Brasil selects G+D to test offline payments for CBDC
The tests will explore payment use cases using the Brazilian digital currency in situations where there is no internet connection or electricity grid. It will also enable payments to be made in crisis situations, such as power or internet outages, where cash was previously the only option.
12.03 / 11:31
COST
economy
Parke
trends
Trade
Experts
country
Diane Francis: Trudeau sits idly by as Mexico overtakes us as America's largest trading partner
Last year, Mexico became the United States’ biggest trading partner, surpassing Canada and China for the first time. This humiliating fact is simply the latest statistic that illustrates Canada’s economic decline since Prime Minister Justin Trudeau took power in 2015.
12.03 / 11:13
UPS
Provident
security
country
reports
Are your valuables in bank lockers really safe?
Bank lockers have been an essential part of India’s banking ecosystem for decades. They serve as a secure space for storing valuables ranging from documents to gold and jewellery. India is the second largest consumer of gold in the world, with 22,000 – 25,000 tons of gold in private Indian households, which is 12% of the world’s gold ever mined.
12.03 / 10:49
security
Align
Dreams
poverty
country
gatherings
Sabarmati Ashram Restoration: PM Modi unveils ₹1,200 crore Gandhi Ashram Memorial Plan in Gujarat
₹1,200 crore Gandhi Ashram Memorial masterplan at Sabarmati in Ahmedabad, Gujarat. During the event, he also opened the redeveloped Kochrab Ashram. Addressing the gathering, PM Modi highlighted the significance of cherishing the country's heritage.
12.03 / 10:49
Citizens
Platform
pandemic
trends
country
reports
VFS Global rejigs top deck, Yummi Talwar to replace South Asia COO Prabuddha Sen
Mint. Talwar has been the company's regional head for the visa business for Europe. Talwar joined the company in 2006 and has worked in the company's New Delhi, Kuala Lumpur, UAE and London offices.
12.03 / 10:27
12.03 / 09:03
Provident
WhatsApp
Eagle
Bill
country
folk
innovations
US lawmakers call for addressing Green Card backlog and resolving H-1B issues at immigration summit
Green Card backlog, an issue that is majorly impacting Indian professionals and the issues related to the H-1B visa. At the first-of-its-kind 'Tech Immigration Summit' at the US Capitol on Monday hosted by the Foundation for India and Indian Diaspora (FIIDS), the lawmakers pushed for removing the seven per cent country quota when it comes to issuing Green Card or legal permanent residency to foreign guest workers in specialised categories. In the absence of such a move, the Green Card waiting period for Indian immigrants would be more than 20 years and over 70 years in many cases.
12.03 / 08:01
Waters
President
country
reports
evacuation
Relationships
rowing
Indian military begins exit from Maldives after pro-China president's order
Mint Explainer: What’s behind Maldives’ new defence pact with China In January this year, Maldivian President Mohamed Muizzu asked India to withdraw its military from the archipelago island by 15 March. Muizzu swept into power in September on a campaign to reduce India’s influence on the island. Muizzu is known to share a closer relationship with China.
12.03 / 06:31
12.03 / 06:13
UPS
Booking
Analysis
Trade
country
recommendations
L&T, Power Grid, NTPC see further re-rating prospects - Jefferies
Larsen & Toubro, NTPC , Power Grid share prices have risen 68-93% in last one year. These capital goods/industrials and utilities majors have been benefitting from strong economic growth in the country. The power demand in the country also has been rising steadily.
12.03 / 06:13
UPS
Provident
Bill
country
rights
Arunachal Pradesh is ‘Chinese territory’: PM Modi's visit irks Beijing; China says, ‘India has no right to…’
₹825 crore tunnel, constructed on the road connecting Assam's Tezpur to West Kameng district of Arunachal Pradesh, is being billed as the longest bi-lane road tunnel in the world at such an altitude. The Sela Tunnel will provide for better movement of troops and weaponry to various forward locations along the Line of Actual Control (LAC) with China, according to military officials. China, which claims Arunachal Pradesh as South Tibet, routinely objects to Indian leaders' visits to the state to highlight its claims.
12.03 / 05:26
Provident
FIVE
Platform
country
beautiful
information
International
The Body Shop ceases US operations, plans to close dozens of stores in UK, Canada
The Body Shop has ceased its U.S. operations and is closing dozens of locations in Canada amid deepening financial struggles for the British beauty and cosmetics chain
12.03 / 05:26
Citi
Target
community
country
2020
Schools
Courts
Court upholds town bylaw banning anyone born in 21st century from buying tobacco products
A Massachusetts town that adopted an unusual ordinance banning the sale of tobacco to anyone born in the 21st century is being looked at as a possible model for other cities and towns hoping to further clamp down on cigarettes and other tobacco products
12.03 / 05:25
12.03 / 05:25
Align
country
Department
Want to buy 'Made in the USA' meat and eggs? A new federal labeling rule might help
Shoppers who want to determine if their meat, eggs and poultry were “Made in the USA” are expected to find the task easier once a finalized federal rule takes effect
12.03 / 05:25
12.03 / 05:25
Strategy
Trade
country
International
Choice Hotels surrenders $8 billion hostile takeover attempt of rival chain, Wyndham
Choice Hotels is abandoning its hostile $8 billion takeover bid for Wyndham Hotels & Resorts
12.03 / 05:25
country
A union for German train drivers calls for another strike in a bitter dispute over working hours
A union representing many of Germany’s train drivers has called for another strike in a long and bitter dispute with the state-owned main railway operator over working hours and pay, drawing sharp criticism from the country’s transport minister
12.03 / 04:59
country
social
singer
gatherings
Investigations
International
NIA raids 30 locations across 5 states in terrorist-gangster nexus probe
National Investigation Agency (NIA) has conducted searches at 30 locations across Punjab, Haryana, Rajasthan, Madhya Pradesh, and Chandigarh in connection with its ongoing probe into a terrorist-gangster nexus case. The raids, which began on Tuesday morning, involved multiple NIA teams working closely with state police forces. Extensive Search Operation The searches were carried out at the premises of suspects linked to the case based on specific inputs gathered during earlier interrogations of accused individuals. The NIA stated, «NIA is carrying out extensive searches at 30 locations across 4 States of Punjab, Haryana, Rajasthan, Madhya Pradesh and UT of Chandigarh in Terrorist-Gangster nexus case.»
12.03 / 04:59
Citi
WhatsApp
country
Department
Jharkhand gets another Vande Bharat Express
Jharkhand on Tuesday got another Vande Bharat Express train, which will be operated between state capital Ranchi and Varanasi in Uttar Pradesh. The train was flagged off by Prime Minister Narendra Modi virtually from Ahmedabad along with the unveiling of several other railway projects in the state and across the country. The PM also flagged off the Hatia-Asansol Express and inaugurated the Ranchi-Bondamunda railway line. Stalls under the 'One Station One Product' scheme at Ranchi, Hatia, Govindpur Road, Itki, Muri, Piska, Silli, Tangarbasuli, Tatisilwai stations, Barkakana, Ranchi Road and Pradhan Khanta stations were also inaugurated by the PM.
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