Country Financial News

redevelopment of 21 stations and 83 road over/under bridges in Chhattisgarh. The PM inaugurated and laid the foundation stones of a total of 2,000 railway infrastructure projects worth Rs 41,000 crore across the country via video conferencing, a statement issued by South East Central Railway (SECR) said. The SECR is headquartered in Bilaspur city of Chhattisgarh. Chhattisgarh Governor Biswabhusan Harichandan and Deputy Chief Minister Vijay Sharma were virtually linked to the national-level programme from Raipur railway station, it said.

There is a strong (deflationary) gust blowing from the East. Last month, Chinese consumer prices fell at their fastest rate in 15 years. For the first time since the Global Financial Crisis (GFC) of 2008-09, China’s CPI fell 0.8% year-on-year (y-o-y).

Gold rate today, 26 Feb 2024: Gold price dips as US dollar index hits 2-month high. US Fed rate, GDP data in focus Since November, oil prices have fluctuated within the range of $70 to $90 per barrel. This fluctuation can be attributed to several factors, including increasing U.S.

Reliance Industries and Reliance Foundation on Monday announced the launch of 'Vantara', an umbrella initiative aimed at rescuing, treating, caring and rehabilitating injured, abused and threatened animals, in India and abroad. The initiative—a brainchild of Anant Ambani, director on the boards of Reliance Industries and Reliance Foundation— is considered to be the world’s largest animal rescue and rehabilitation centre. "The Vantara initiative, the first of its kind in India, has been conceptualised and birthed under the passionate leadership of Anant Ambani, Director on the boards of RIL and Reliance Foundation," Reliance Industries said in a statement.

NEW DELHI : India expressed concerns about the increasing use of unilateral trade protectionist measures being justified in the guise of environmental protection, at the World Trade Organization’s 13th ministerial conference that began in Abu Dhabi on Monday. Speaking at a session on sustainable development and policy space for industrialization, India’s commerce secretary Sunil Barthwal said the country has propagated a sustainable way of living as a key to combating climate change.

₹8 trillion into the country by 2030. Last year, Reliance Industries announced that it has chalked out a roadmap for bringing down the price of green hydrogen to $1 per kg in India.

International tax treaties can be extremely confusing for the layman. That is because the provisions in such treaties are drafted in a very convoluting manner. And it is not just the layman who is confounded.

Canada’s efforts to reduce greenhouse gas emissions have been laudable, but there is a way we could do so much more, says a report from National Bank of Canada.

Farmers have clashed with police in Belgium, spraying officers with liquid manure and throwing eggs and flares at them in a fresh show of force as the European Union’s agriculture ministers met in search of ways to address the protesters’ concerns

China’s C919 single-aisle jet made its international debut at the Singapore Airshow, attracting masses of visitors and hundreds of orders, but analysts say it still has a long way to go before it can compete with aircraft from market leaders Boeing and...

The prime ministers of Canada and Poland have discussed boosting exports of Ukrainian grain to the world’s poorest countries to ease protests by farmers in Europe who see the Ukrainian goods as a market threat

Germany's vice chancellor says the country plans to enable underground carbon storage at offshore sites, pushing ahead with a much-discussed technology in an acknowledgement that time is running out to combat climate change

Congress President Mallikarjun Kharge kicked off the party's election campaign for Andhra Pradesh at Anantapur on Monday, ahead of the upcoming state assembly polls and Lok Sabha elections, promising to dole out Rs 5,000 every month for eligible poor households. Kharge termed the monthly dole a 'Congress guarantee' and a poll promise greater than the five 'guarantees' being fulfilled in Karnataka and the six being implemented in Telangana. «This is not a promise, this is a guarantee. Like no other state in India, we are giving a promise for the poor. Every poor family will get Rs 5,000 per month into their accounts,» Kharge said, addressing the party's first election campaign meeting, switching between English and Kannada, as the region has a significant Kannadiga minority and borders Karnataka.

₹2.25 Crores (AED 1 million) to ensure the release of 900 prisoners from jails across the Arabian nation," said a statement from his office. Under the aegis of The Forgotten Society initiative founded in 2008, Merchant has already been instrumental in obtaining the release of 900 prisoners across the UAE since the beginning of 2024, including 495 prisoners from Ajman, 170 prisoners from Fujairah, 121 prisoners from Dubai, 69 prisoners from Umm Al Quwain and 28 from Ras Al Khaimah. In conjunction with the Director Generals of Police at the Central Jails across the UAE, Merchant has already succeeded in obtaining the release of over 20,000 prisoners over the years from a wide range of denominations, nationalities, and religions.

Narendra Modi’s visit to Japan. The move aimed to advance people-to-people exchanges with India, including an increase in young visitors. Under the programme, students, graduate students, and alumni of universities in India were allowed to submit a certificate of student status or graduation as alternative documents confirming financial capability for a single-entry visa for short-term tourism purposes.

₹95,000 crore in investments that will create about 2.25 million new jobs in the next four to six years. The ministry is eyeing ₹25,000 crore in investments through the production-linked incentive scheme (PLI) and another ₹70,000 crore through the PM Mega Integrated Textile Regions and Apparel (PM-MITRA) parks scheme.

₹400-500 crore, with SIDBI holding a nearly 86% stake. It is billed as the country's first ARC supported by a large number of public sector banks and undertakings, focused on NPA resolution of the MSME sector. In 2022, Press Trust of India reported that Union bank of India had sold its 8% stake in ISARC in favour of Dhansamridhi Finance.

political slugfest has erupted between the ruling Congress and the BJP in Karnataka over a United Kingdom professor being denied entry into India to attend a state government-organised conference on Constitution. Karnataka Ministers alleged on Monday the incident shows how the individual rights as well the rights of the state governments are being trampled upon, while the BJP described the professor at the University of Westminster Nitasha Kaul, who is also an Overseas Citizen of India, «a known terrorist sympathizer & one who constantly spews venom & disseminates anti-India propaganda.» Kaul has alleged that she was denied entry into India to attend on the invitation of the government of Karnataka the two-day 'Constitution and National Unity Convention-2024' on February 24 and 25.

Tripura Chief Minister Manik Saha on Monday said the northeastern state is going to be the gateway not only to Southeast Asian nations but to many other countries by using Chittagong Port in Bangladesh. Dhaka has already allowed India to use its Chittagong Port through South Tripura's Sabroom sub-division and Maitri setu is set to be inaugurated for people's movement between two sides of the international border anytime, he said. «Maitri setu built on Feni River has already been inaugurated and people's movement through the bridge will start any time. Once the bridge is made operational, the state will have direct access to Chittagong Port in Bangladesh. It will open new possibilities in business and trade through Chittagong Port», Saha said at the laying of the foundation stone for the redevelopment of Agartala railway station. Prime Minister Narendra Modi laid the foundation stone for the redevelopment of 554 stations and inaugurated various projects across the country virtually.

Personal hygiene and wellness brand Pee Safe has partnered with the Indian Navy and Navy Welfare and Wellness Association (NWWA) to offer products for women hygiene to the serving women personnel. This collaboration is part of the Memorandum of Understanding that was signed by the Indian Navy and NWWA with Pee Safe as part of the former’s wellness initiative for ‘Women in White.’ On the occasion of the 38th NWWA Diwas, Pee Safe kits were presented to all women officers and Agniveers posted in Delhi and the same is planned to be distributed in all commands.

Yet another cryptocurrency scam has taken advantage of UK consumers.