Country Financial News

SN Goel, CMD, IEX, says “expecting high demand and good supply of power in the country because the country has added generous capacity, almost about 20,000 megawatts was added last year and there is a comfortable fuel supply scenario. Gas prices have also come down and gas generation also will be available. So we expect a good volume growth in the next year.”

BlackRock sees India and Indonesia as two Asia-Pacific countries offering a lot of investment opportunities, its head of research for the region said on Tuesday. Manjesh Verma, BlackRock Head of APAC Credit and Fixed Income Research, at an investment forum in Jakarta said the two emerging market countries were advantageous due to their large populations.

₹7,200 crore in Telangana's Sangareddy, about 60 km from here. Addressing the event here, PM Modi reiterated his commitment to Telangana's progress and said he works with the spirit that states' development is the country's growth. “The Centre had allocated ₹11 lakh crore towards infrastructure in this year's budget and the Centre wanted Telangana to get the maximum benefit from it," the Prime Minister said.

Russian Central Bank Governor Elvira Nabiullina says the country will use “several stages” to roll out its digital ruble.

Uzbekistan’s capital is all set to host the third Tashkent International Investment Forum (TIIF-III) on May 2-3 that would boost foreign investments in the Heart of Central Asia. Tashkent expects Indian investors to be part of the Forum amid the growing ties. TIIF is one of the significant events not only for Uzbekistan but also for the region. Its program traditionally includes a plenary session at the head of state level, over 50 expert discussion meetings, including panel sessions, round tables, and B2B negotiations.

The flow of millions of small parcels into the U.S. from China thanks to the explosive growth of online shopping has caught the attention of Congress

China's efforts to restore confidence and rev up the economy will top the agenda during this month’s meeting of the ceremonial national legislature

South Korea’s government has begun steps to suspend the medical licenses of thousands of striking junior doctors, days after they missed a government-set deadline to end their joint walkouts, which have disrupted hospital operations

An online protest campaign exposing corruption has rattled government officials and others in Uganda, where street protests are practically outlawed

BRUSSELS: The European Union should support struggling European manufacturers of solar panels, but cannot close its borders to imports of such products, EU energy policy chief Kadri Simson said on Monday. Factory closures among Europe's few solar panel makers have prompted the industry to seek emergency support from Brussels — potentially including trade restrictions on cheap Chinese imports that European companies have struggled to compete with. However, Simson ruled out cutting off imports, which she said could compromise the EU's ability to install enough solar energy capacity to meet climate targets. Most solar panels and parts deployed in Europe are imported from China.

stock rally remains unstoppable with Mr Retail behaving like the biggest bull of Dalal Street, investors have been left richer by nearly Rs 100 lakh crore in 8 months. The market capitalisation of all BSE-listed stocks, as a result, is now within kissing distance of touching the milestone of Rs 400 lakh crore for the first time. After hitting the Rs 300 lakh crore mark on 5 July 2023, India's m-cap ended Monday's session at Rs 394 lakh crore and is now just one lucky trading day away from hitting the magical figure. The fast-paced rally is driven by a handsome 15% surge in Nifty and hundreds of small and midcap stocks giving multibagger returns.

UK, Canada, and Australia are having a significant impact on prospective student demand for study in those countries, according to a report by ICEF Monitor. IDP's latest research, «The Voice of the International Student,» conducted in January 2024 across 67 countries with 2,500 student participants, shows that a lot of students are thinking twice about studying in the UK, Canada, and Australia. Meanwhile, the United States seems to be becoming more attractive among students. Are you immigration ready? Find out The prospective student demand for Canada, in particular, is dipping dramatically, while interest in the US increased significantly in 2023, according to a report by Studyportals.

PM Modi responds to Lalu Prasad Yadav's 'family' jibe, says 'entire country...' Addressing a gathering at the 'Namo Yuva Maha Sammelan' organised by Bharatiya Janata Yuva Morcha (BJYM) in Maharashtra's Nagpur, Smriti Irani said, "The fodder thief of INDI alliance said that he (PM Modi) has no family, I want to tell him that, we are 'Modi's parivaar', these youths are 'Modi's parivaar'...nobody will be able to touch even a hair of that person whose family are 140 crore people of India". Irani referred to Yadav as a 'fodder thief' as the RJD leader was found guilty of the infamous ₹139 crore 'chara ghotala' Meanwhile, Patna Police has registered a case against Lalu Yadav and his son Tejashwi Yadav over their statement against PM Modi.

Mint breaks down his agenda. Jaishankar will first travel to Seoul, where he is expected to chair the 10th India-Korea Joint Commission Meeting with the new South Korean foreign minister Cho Tae-yul. At previous meetings, the two countries have focused on supply-chain security and collaborating on advanced technologies.

Modi ka Parivar (Modi’s family)" to their social media handles soon after PM Modi said at a rally in Telangana’s Adilabad that the people of the country love him like a “member" of their family. “And that is why I say 140 crore people of this country are my family... Crores of daughters, mothers and sisters… all the poor people in the country....are my family.

Prime Minister Narendra Modi on Tuesday congratulated Shehbaz Sharif on taking oath as the prime minister of Pakistan. Sharif on Monday took the oath as prime minister of Pakistan, assuming the cash-strapped country's reins for a second time, nearly a month after an inconclusive election marred by allegations of vote rigging.

barriers to commerce, ensure stability through global accords and enforce the rules came under renewed criticism following a chaotic and contentious meeting of its top officials. The 13th ministerial conference in Abu Dhabi last week laid bare an uncomfortable truth: For an organization that needs all 166 member countries to agree, the WTO again struggled to muster even a small win. Those are only getting messier and harder to pull off in an era of two armed conflicts, widening geopolitical gulfs and a realignment of the trading ties that bind the postwar economic order. Meetings in the capital of the United Arab Emirates — positioned both geographically and geo-economically between US-European Union and China-Russia alliances — were dominated by disorder and confusion, according to several participants, who asked not to be named speaking about the private talks. They’re rarely jovial affairs, but hopes were quickly dashed that this year would be a turning point toward unity.

S Naren, ED & CIO, ICICI Prudential AMC, says “more than valuation, I would be more worried about sentiment that people are just too positive and we have always seen that when people are too negative, it is a very good period to invest and when people are too positive, it is a time to be more circumspect.” What is the sense that you are getting about the market? S Naren: We are at an all-time high. Just now, we have reached an all-time high. So, it is a very special feeling.

Investing.com-- Most Asian stocks fell on Tuesday as investors collected recent profits in the technology sector, while China’s economic outlook and plans for the year spurred little improvement in sentiment towards the country. 

Central Asia got an unique opportunity to get themselves acquainted with state of art IT training. More than 1,000 young people from Central Asian countries completed the Google Cloud and Machine Learning training program in Almaty recently. As a result, 20 students were offered an internship at the Kazakh-British Technical University (KBTU), according to the press service of Google Developer Groups (GDG) Cloud Almaty.

India is committed to support a two-state solution where the Palestinian people are able to live freely in an independent country, with due regard to the security needs of Israel, India's Permanent Representative to the United Nations Ruchira Kamboj has said. Delivering an address at the United Nations General Assembly Meeting on the Use of Veto on Monday, Kamboj said that India's position on the conflict has been clear and has been stated on several occasions. «Only a Two-State solution, achieved through direct and meaningful negotiations between both sides on final status issues, will deliver an enduring peace. India is committed to support a Two-State solution where the Palestinian people are able to live freely in an independent country within secure borders, with due regard to the security needs of Israel,» Kamboj said.