Country Financial News

Elara Capital India has appointed Manoj Kohli, former country head of Softbank India, as non-executive chairman of its board, said a company statement on Thursday. “Elara Capital will extensively benefit from Manoj’s extensive business and leadership skills to help strengthen our business focus. His guidance will be invaluable to us to further strengthen our client offerings and achieve our growth plans,” said Raj Bhatt, chairman, Elara Capital.

added that some people are spreading fake information about Sandeshkhali, where women have accused TMC leaders of sexually abusing them. She asserted that the state is the safest place in the country for women.

Congress party will fill 30 lakh vacant government posts. For diploma holders and college graduates below the age of 25, Congress would a one-year apprenticeship during which they will be paid ₹1 lakh. "The Congress will provide right to employment," Gandhi said.

developing countries’ ideas for growth are staggeringly ambitious. India and Indonesia hope to become high-income countries within 25 years. Muhammad bin Salman, Saudi Arabia’s crown prince, wants to diversify and develop its economy just as rapidly.

AEPD, issued the ban on Wednesday, demanding an immediate halt to the collection of personal information by Worldcoin and instructing the company to cease using already gathered data. The AEPD's action follows several complaints, including concerns about insufficient information, data collection from minors, and issues related to consent withdrawal.

China and the Maldives have signed an agreement paving the way for greater Chinese military assistance to Male. While the details of the agreement are remain unclear, The agreement, details of which are still unclear, follow a string of decisions in recent months by president Mohamed Muizzu’s government to reduce his country’s reliance on India. Mint takes a look.

Article 370 by his government in 2019. PM Modi unveiled multiple projects worth more than ₹6,400 crore at the event before addressing the crowd. He also launched projects for the tourism sector under the ‘Swadesh Darshan’ and ‘PRASHAD’ (Pilgrimage Rejuvenation And Spiritual, Heritage Augmentation Drive) schemes.

By Steve Holland

Mahashivratri Fasting Rules: The Mahashivratri festival, dedicated to worship Lord Shiva, is approaching and people are getting ready to celebrate this auspicious Hindu festival. Many individuals are planning to observe a fast, offer prayers to Lord Shiva, and seek his blessings. The festival of Maha Shivratri is celebrated with great enthusiasm and grandeur across the country. This year, Maha Shivratri will be celebrated on March 8, 2024. In this article, we will discuss the fasting rules for those who plan to observe a fast on Mahashivratri.

India boasts a notable presence of women across diverse sectors, including aviation, technology, medicine, and finance. However, despite their significant contributions, there remains a concerning disparity in financial literacy levels among women in the country. Contrary to common perception, financial literacy is not solely a concern for marginalised women; even those with higher education backgrounds require fundamental financial knowledge.

Mint reported that the four nations making up the European Free Trade Association (EFTA) have offered duty-free market access for India’s animal products, fish, processed food and vegetable oils in a trade pact that is expected to be signed next week. The EFTA nations–Iceland, Liechtenstein, Norway and Switzerland–have also proposed a $100 billion investment in India by their companies over 15 years, which is estimated to create about a million jobs. The two sides began negotiations for a trade treaty in 2008.

deep-tech disruption. A young, tech-savvy population, a growing middle class, and rapid urbanisation are all fuelling innovation. Deep-tech startups are stepping up, developing game-changing solutions with the potential to transform the country's most pressing challenges.

Supreme Court sought the Centre's response on Thursday on a PIL seeking a direction to authorities to provide palliative care to terminally-ill persons as part of the national health programme. A bench comprising Chief Justice D Y Chandrachud and justices J B Pardiwala and Manoj Misra took note of the submissions made by senior advocate Jayna Kothari, who appeared in the court on behalf of the petitioner, that palliative care should be recognised and made part of the national health programme. The court did not agree to one of the prayers in the public interest litigation (PIL) matter filed by Bengaluru resident Rajshree Nagaraju that the right to get palliative care be declared as a part of right to health under Article 21 (protection of life and liberty) of the Constitution. «You seek mandamus (a writ) stating palliative care comes under Article 21. I do not think that you need to pursue this prayer. The right to palliative care is part of the right to health and life… Article 21 covers all aspects of human existence,» the CJI said.

IWG, which operates brands like Regus and Spaces in India, is looking to double its presence in India in next 12-18 months on the back of demand for flexible space by corporates, a senior executive said. The company has recently signed an agreement with US brand HQ to open centres in India. IWG currently operates 100 centres in India and it is not in the top 10 market for the group. With aggressive expansion plans, India is expected to be among the top 5 for IWG.

Anil Agarwal took to social media site X (formerly known as Twitter), to express that he is optimistic about India's growing electric vehicles segment enabling job creation in the country. In a post on March 7, the industrialist noted that EVs use up to six times more minerals compared to conventional vehicles and if played out correctly, the need for these resources could drive up jobs in the local mining sector. He further added that a "explore, mine and make in India" mantra by startups and small and medium enterprises (SMEs) will be an important factor in tapping the "massive potential" for job creation in the country.

Suzlon Energy, the country's largest renewable energy solutions provider, jumped 4.60% in today's intraday trade to ₹40.50 apiece after the company bagged a new wind power project. Also Read: Suzlon Energy share slumps 5%, down 15% in last one month; Here's why In today's exchange filing, the company said it received a 72.45 MW wind power project from Juniper Green Energy Private Limited. The company will install 23 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each.

Edtech firms bet on upskilling, higher education amid funding gloom In January this year, ventures with at least one female founder raised $74 million- 16% of the $461.7 million. Indian women excel in punctual loan repayments compared to men, shows study Fireside Ventures, Titan Capital, Rainmatter Capital, She Capital, Better Capital, Stride Ventures, Whiteboard Capital, Google for startups, Mumbai Angels, Lightbox, and All In Capital are among the leading investors that have funded women-founded ventures.

SYDNEY (Reuters) — Tesla (NASDAQ:TSLA) said on Thursday it is quitting Australia's major auto lobby and resigning from its board, accusing the group of misleading consumers over the government's proposed fuel efficiency standards and the potential impact on car prices.

By Byron Kaye

SYDNEY (Reuters) — Australia said on Thursday that it would make pension contributions for workers who take paid parental leave, the latest effort by the centre-left Labor government to address gender imbalance in the workplace.

2024 general election. “It is important, for the Good of our Country, that Joe Biden and I Debate Issues that are so vital to America, and the American People," Trump wrote Wednesday in a post on his social media platform Truth Social. “Therefore, I am calling for Debates, ANYTIME, ANYWHERE, ANYPLACE!" Trump’s desire to debate comes hours after his final Republican rival, Nikki Haley, dropped out of the race, marking the start of the longest general presidential election in recent history.