Country Financial News

CIBIL is one of the major credit bureaus that maintains credit reports for individuals. Similar to credit reporting agencies in other countries, negative information can stay on your CIBIL report for a certain period of time. 

Female founders in India face funding biases, receive $300 million in nine-month In the Tech startup ecosystem in India, $8.7 billion was raised in 2023, with companies having women founders raised $1.15 billion, a share of 13% as per the data. In the current calendar year, women-led startups have witnessed $112 million in funding almost in line with $123 million raised in the first two months of 2023. Former Flipkart employees turn bosses, own more than 40 startups: Report Notably, the Indian Tech startup ecosystem ranks second after the US in terms of funding raised by companies with women founders.

France’s leaders will use a Napoleon-era press to seal the right to abortion into the country's constitution

China has reported large increases in arrests and cases of phone and internet scams last year, as leaders showcase the ruling Communist Party's determination to safeguard national security and public order

NPCI on Friday announced that Unified Payment Interface (UPI) is now live in neighbouring Nepal. UPI users can scan QR codes to make payments to Nepalese merchants, said an official statement. This comes after a tie-up between the National Payments Corporation of India International Payments (NIPL) and Nepal's largest payment network Fonepay Payment Service in September last year. In its first phase, the partnership will enable Indian consumers to make instant, secure, and convenient UPI payments across various business stores in Nepal by using UPI-enabled apps, the statement said.

Showcasing Donaldson’s unwavering dedication to innovation, the state-of-the-art facility ushers in a new era of digitally empowered filtration solutions. The experience centre provides a unique opportunity for Indian customers to experience live demonstrations of a range of Donaldson dust collectors along with iCue Connected Filtration Service, an IoT-based technology to remotely monitor dust collection equipment performance. Donaldson iCue Connected Filtration service is a new offering for the Indian market, with the capability to create significant value by minimising air pollution while maximising productivity in a factory setting. Using a network of connected sensors, remote dust collection monitoring can now be automated, providing comprehensive real time data through a modernised and user-friendly digital interface. Additionally, this technology offers the ability to monitor a wider range of data, including three critical measures: differential pressure, particulate trends and relative airflow.

Infosys Foundation's former chairperson and author Sudha Murty thanked Prime Minister Narendra Modi for nominating her to the Rajya Sabha. The announcement came on Women's Day. Speaking to ET from Thailand, she said: «I had never expected this. This came as a big surprise to me. The Prime Minister called me last night and broke the news. This is a huge responsibility. I am grateful to the PM for this opportunity to serve my country, and the people. I will do my level best to live up to their expectations.” Murty is in Thailand at the invitation of Kannada Sangha at the Asian Institute of Technology to deliver a talk.

Jaishankar has defended India's stance on Russia amidst ongoing Ukraine conflict, stating that people tend to «cherry-pick principles» when it suits them and ignore them when it doesn't. Jaishankar, who is currently on a visit to Japan while responding to a question at the Nikkei Forum on India-Japan Special Strategic Partnership, said that Indian territory has been occupied by another country but the world has maintained silence over the matter. The foreign minister was asked during the interaction whether India's decision to not criticise Russia and its territorial violation of Ukraine, should be taken to be «double-standards.»

By Rae Wee

Droupadi Murmu on Friday said the Indian Air Force's contribution to the nation's service is etched in «golden letters» and it is not only guarding the skies but also making a paramount contribution to the country's space programme. In her address at a ceremony held at the Hindan Air Force Station to award President's Standard and Colours to four units of the IAF, Murmu said she believed that more and more women will sign up for the force and serve the nation. She also extended her wishes to women on International Women's Day.

Indian IT industry has seen significant progress in gender diversity with more women now in entry and mid-level workforce. However, their fair representation at the top and male-dominated corporate boardrooms is still disproportionate and «needs a lot of work», according to tech leaders. Any organisation which does not encourage, and indeed, proactively work towards equitable gender representation is unlikely to have a long business life span, even client acceptance, experts said adding companies need to offer flexi-scheduling and enable remote work options where needed, to support women juggling their professional responsibilities with their personal commitments and caregiver roles.

FDI) in the solar energy sector over the past three financial years and the current financial year until September 2023, according to Bhagwant Khuba, Minister of State for Ministry of New and Renewable Energy, and Chemicals and Fertilisers. Khuba highlighted that both domestic and foreign investors were contributing to the installation of solar power plants in the country. This increase in FDI is a testament to the confidence investors have in India's solar energy sector. The Minister shared this information in a video message during the third edition of ETEnergyWorld's Solar Power Congress 2024, held on March 6, 2024. He further mentioned that setting up renewable energy projects, including solar energy projects, can benefit from up to 100% FDI through the automatic route. This move aims to encourage the growth and development of the renewable energy sector in India.

skillsets of employees as the nature of work is changing. Companies are taking care to embed a culture of learning so that the process is continuous. According to LinkedIn’s recent Workplace Learning Report, 94% of companies that took part in the survey said it plans to enhance employees’ skills in 2024. The survey was conducted by Censuswide with a sample of about 4,323 hiring managers (middle management) aged 18-77 years in countries such as the UK, Ireland, France, Germany, Italy, Spain, the USA, India, Australia, Singapore, Japan, Indonesia, China, the Netherlands, Sweden, MENA and Brazil. The data was collected between the middle of December and early January 2024.

More than 96 crore Indians are registered to vote at over one million polling stations across the country in a mammoth electoral exercise with 2,400 political parties that may contest, and during which Indian Prime Minister Narendra Modi will bid for a rare third term. The Election Commission could announce in weeks the dates for general elections that Modi is widely expected to comfortably win.

J P Singh held talks with Taliban's acting foreign minister Amir Khan Muttaqi. Muttaqi called for facilitating the issuance of visas by India for Afghan businessmen, patients and students. Meanwhile, both sides discussed issues relating to security, trade and ways to counter-narcotics, an Afghan statement said on Thursday. Singh said India is interested in expanding economic cooperations with Afghanistan and enhancing trade through Chabahar port, it added.

China's unfair economic practice, standing up for peace and stability across the Taiwan Strait and revitalising its partnership with nations like India, US President Joe Biden has said. In his last State of the Union address before the November election, Biden said the US wants competition with China, but not conflict. Biden on Thursday told Americans that the country is in a stronger position to win the competition for the 21st Century against Beijing.

Electric vehicles promise cleaner air and less climate pollution. But a new analysis suggests that even a global all-EV fleet would perpetuate some of the most devastating impacts of cars and auto infrastructure. The modern world moves itself around in roughly 2 billion motor vehicles, 65% of which are cars. That’s 16 automobiles for every 100 people, but the rate of car ownership is much higher in richer industrialized countries, where cars give shape to cities and set the patterns of daily life. This fleet requires substantial, ongoing investment in roads and highways, car storage (or “parking,” in the jargon), oil exploration and fuel production, metals mining and manufacturing, insurance and much more. All of these activities levy regular costs in the form of fatalities and injuries as well as greenhouse gas emissions that cause climate change. A comprehensive review published last month provides a litany of what the authors call “car harm,” in estimated global totals of death, injury, disease and other miseries, over the course of automotive history. In part because the system “prioritises speed over safety,” as the authors put it, motor vehicles are responsible for one out of 34 deaths, or 1.7 million people every year, either directly or through pollution.

China unleashed the full might of its solar energy industry last year. It installed more solar panels than the United States has in its history. It cut the wholesale price of panels it sells by nearly half. And its exports of fully assembled solar panels climbed 38% while its exports of key components almost doubled. Get ready for an even bigger display of China's solar energy dominance. While the United States and Europe are trying to revive renewable energy production and help companies fend off bankruptcy, China is racing far ahead.

Japan's and India's foreign ministers have agreed to step up security and economic cooperation as the two Asian countries look to boost their ties in the face of China's growing influence in the region

SEOUL (Reuters) — South Korea's antitrust agency will consider imposing sanctions on Meta Platforms (NASDAQ:META) for allegedly failing to protect some users of online marketplaces operated by Facebook and Instagram against fraudulent transactions, news reports said on Friday.

By Lewis Jackson and Stella Qiu