Country Financial News

long-term perspective, presents considerable challenges for many retail investors. The landscape of investment is ever-evolving, posing unique hurdles along the way. Despite these obstacles, Indian retail investors have navigated the terrain with confidence since the market downturn in 2020.

Firstpost Defence Summit in New Delhi. The ex-defence minister claimed that there is no threat to the sovereignty of Maldivian citizens by Indian troops stationed in their country, even as “(Maldives President Mohamed) Muizzu thinks that there is an antagonism between the Maldivians and the Indians.… (It has been) three months since he came into government, the Indian troops are still there." She remarked that the sovereignty of a nation is assured when there is trust and friendship among neighbours and friends.

By Mayu Sakoda and Rocky Swift

World Trade Organization (WTO) beginning Monday in Abu Dhabi, the G-33 group of countries, which includes India, has urged members to achieve an outcome on public stockholding for food security purposes. Ministers and Representatives of the G-33 members who met yesterday in United Arab Emirates on the sidelines of the four-day Ministerial Conference (MC) called on all WTO Members to engage constructively to achieve a meaningful outcome on agriculture. The G-33 group, which includes 47 developing and least developed countries (LDCs) and Net Food Importing Developing Countries (NFIDCs), issued a joint statement on February 25, after the meeting coordinated by Indonesia.

Gurugram, 23rd February, 2024: With the threat of climate change increasing by the day, green power has become the need of the hour. Across various industries, there is a growing recognition of the importance of transitioning to renewable energy sources to mitigate environmental impact and work towards achieving net-zero emissions goals. To bring India a step closer to procuring green power, BluSmart, India’s largest born-electric, fully integrated eMobility ride-hailing services and EV charging infrastructure network, proudly announces a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Ltd.

Mint, Nisheeth Srivastava, chief technology & innovation officer, India Industry Platform, Capgemini, shared that the increase in headcount aligns with industry competitors, marking a positive shift after a challenging FY24 across the IT sector. As of February 2024, Capgemini had 175,000 employees in India.

Dara Khosrowshahi. In an interview with the Economic Times, the executive shared insights into the company's investment strategy in India, its focus on mobility, profitability, the electric vehicles (EV) business, and differences in his management style compared to Uber's founder Travis Kalanick. Reflecting on the founder vs.

Investing.com-- Gold prices retreated in Asian trade on Monday, remaining well within a recent trading range as anxiety over higher-for-longer U.S. rates grew in anticipation of key economic readings. 

President Mohamed Muizzu regarding the presence of «thousands of Indian military personnel» in the Maldives. Shahid stated that there are no armed foreign soldiers stationed in the country, labeling Muizzu's assertions as «just another in a string of lies.» In a social media post, Shahid, who is also the newly elected president of the Maldivian Democratic Party, emphasized the importance of transparency and the need for the truth to prevail. He highlighted the current administration's failure to provide specific numbers, questioning the credibility of Muizzu's claims. The removal of Indian troops from the Maldives was a key campaign promise of Muizzu's party. Currently, approximately 70 Indian troops, along with Dornier 228 maritime patrol aircraft and two HAL Dhruv helicopters, are stationed in the Maldives. Muizzu had formally requested the Indian government to withdraw its military personnel from the country on the second day of assuming office.

PTI, with this development, both the Congress and NPP now have two MLAs each in the 60-member assembly, strengthening the BJP's position in the state. During a ceremony held at the BJP headquarters, senior Congress MLA and former union minister Ninong Ering from the Pasighat West seat, along with Wanglin Lowangdong from the Borduria-Bogapani constituency, joined the saffron party.

Garena Free Fire Max is a revamped version of Garena Free Fire, which was banned by the Indian government in 2022. Since then, the battle royale game has made a name for itself among gamers in the country thanks to its vibrant graphics and intense gameplay. The game's developers, 111 Dot Studios, have also been releasing daily redeem codes to boost the game's popularity, giving users access to many premium in-game goodies for free.

Mohamed Muizzu about “thousands of Indian military personnel" were just another in a string of lies. In a post on X (formerly Twitter), the newly elected president of the Maldivian Democratic Party said, “100 days in, it's clear: President Muizzu's claims of 'thousands of Indian military personnel' were just another in a string of lies. The current administration's inability to provide specific numbers speaks volumes." "There are no armed foreign soldiers stationed in the country.

Bengaluru airport. In a post on X (formerly Twitter), the Kashmiri Pandit academic based in London wrote, “Denied entry to #India for speaking on democratic & constitutional values.

Priyanka Gandhi Vadra and other Congress leaders, was in Rajasthan's Dholpur on Sunday, a day before pausing the yatra for the five-day break. “Last year, we took out the Bharat Jodo Yatra to unite the country, and this year, from east to west, this Bharat Jodo Nyay Yatra is being taken out to fight against the injustice happening to the people of this country," Rahul, said in his brief address at Dholpur.

There are so many crises raging around the world that you can ask why I have chosen to bring the one in Papua New Guinea (PNG) to your attention this fortnight. So let me tell you the reason upfront: It is an example of why hyper-diverse societies can end up in deep trouble unless they develop the necessary social capital needed to govern themselves. The post-colonial state was carved out of an arbitrary chunk of the Melanesian archipelago (the region comprising the easternmost stretches of Indonesia and islands northeast of Australia).

trade ministers gather at the World Trade Organization summit in Abu Dhabi this week, one of the villains will, as usual, be India. And, certainly, there’s some justice to the complaint that Indian negotiators are far too ready to block consensus at such confabs unless granted concessions on their own priorities. Saying “no” often comes too easily to them. But those priorities need to be viewed in the context of India’s fiendishly complicated domestic politics. This is a country the size of a continent, and achieving internal consensus on a drastic shift in policy is as hard — or harder — than getting agreement at the WTO. Prime Minister Narendra Modi is the strongest, and most popular, leader India has had in decades. But he has always been particularly careful not to provoke widespread protests against his decisions. Although he hates to retract policies after investing political capital in them, he has twice in the past decade withdrawn legislation that enraged some of India’s farmers — a law early on in his tenure that would have made it easier to acquire agricultural land for industry, and a package of reforms in 2021 meant to liberalize India’s complicated farm subsidy system.

Investing.com-- Oil prices fell in Asian trade on Monday, extending steep losses from the prior session as markets remained uncertain over demand, especially in the face of higher-for-longer U.S. interest rates.

SEOUL (Reuters) -South Korea's finance minister said the government's corporate reform plan would continue in steps until the «Korea discount» in the local stock market is resolved.

By David Stanway

Caribbean leaders have met with embattled Haitian Prime Minister Ariel Henry to talk about his country’s unrelenting gang violence

KYIV (Reuters) -President Volodymyr Zelenskiy said on Sunday that 31,000 Ukrainian soldiers had been killed since Russia's full-scale invasion two years ago, giving the first official figure for more than a year.