Country Financial News

By Anna Koper

Chief of Defence Staff Gen Anil Chauhan on Friday said India is looking at dealing with long-term challenges that may emanate from China besides focusing on the current situation along the Line of Actual Control (LAC). He made the remarks at the Raisina Dialogue. The Chief of Defence Staff, especially spoke about bridging any technological deficiencies. "(We are looking at) not only what is happening along the northern borders, but also long-term challenges so that we do not have a technological kind of a deficiency," he said.

SJVN on Friday began commercial supply of electricity from its 50 MW Gujrai solar power station in Kanpur Dehat, Uttar Pradesh. With this, the total installed power capacity of SJVN stands at 2,277 MW, with 10 power stations currently operational, a power ministry statement said. According to the statement, SJVN, under the administrative control of the Ministry of Power, has begun the successful commercial operation of its 50 MW Gujrai solar power station in Kanpur Dehat, Uttar Pradesh on Friday. The 50 MW Gujrai solar power station has been executed by SJVN through its renewable arm, SJVN Green Energy Ltd (SGEL) at a cost of Rs 281 crore.

UK Parliament has taken the internet by storm. Pakistan and its propaganda machinery have issued threats to Yana Mir. Toolkit gang" has been quite active for the past 48 hours.

What to do if you have a Paytm UPI handle? RBI advises this Bill Winters, the Chief Executive Officer who has been with the company for nearly nine years, has been actively seeking methods to enhance returns for shareholders and revitalize the stock, which has declined by over 15% in the last year. During a press conference on Friday, he candidly referred to the share price as "poor," emphasizing his commitment to altering the market's perception of the bank.

At the height of Venezuela’s oil go-go days, tankers fanned out across the Caribbean, handing out 200,000 barrels a day to a constellation of small, mostly poor, islands. The fact that those countries racked up huge debts and paid part of the bill with things like black beans and peanuts mattered little to Hugo Chavez as he parlayed the bonanza into global fame as the leader of what he called 21st century socialism.

The U.N. Food and Agriculture Organization has set a target to further increase aquaculture production to meet rising demand for seafood and to fight global hunger and undernourishment

A court in Montenegro has ruled that Terraform Labs founder Do Kwon should be extradited to the United States to face fraud charges rather than to his native South Korea

₹95,000 crore and the expected fund flow will create about 2.25 million new job opportunities in the next 4-6 years, according to a senior government official on Friday. The ministry expects ₹25,000 crore investments under the Production Linked Incentive Scheme (PLI) and another ₹70,000 crore investment under the PM Mega Integrated Textile Regions and Apparel (PM-MITRA) park scheme in the next 4-6 years, textiles secretary Rachna Shah said during an interaction. The PLI scheme in textile sector will create 250,000 new jobs and the expected fund flow in seven PM-MITRA parks will generate direct and indirect employment for 2 million persons, Shah added.

the notification issued on Wednesday. The notification added that the “surrogacy using donor gamete is allowed subject to the condition that the child to be born through surrogacy must have at least one gamete from the intending couple". This implies that a couple cannot opt for surrogacy if both the partners have medical problems or are unable to have their own gametes.

By Andrea Shalal

By Jorge Otaola

South Korea and the United States flew advanced stealth fighters in a joint missile-interception drill Friday over the Korean Peninsula, South Korea's air force said, an apparent response to a spate of weapons tests this year by rival North Korea. North Korea has conducted six rounds of missiles tests so far this year, most of them reportedly involving cruise missiles that fly at a low altitude to overcome opponents' missile defenses. Analysts say that in the event of a conflict, North Korea aims to use cruise missiles to strike U.S. aircraft carriers as well as US military bases in Japan. South Korea's air force said the drill on Friday involved fight-generation stealth F-35A fighter jets from both countries and other fighter jets from South Korea. It said the US F-35As were deployed in South Korea on Wednesday from Kadena Air Base in Okinawa, Japan.

Narendra Modi and ruling BJP, Congress leader Rahul Gandhi has said that PM is doing the 'donation business' by misusing ED, IT and CBI like a 'Vasuli Bhai'. He also alleged that 'Illegal donations' and 'Electoral Bonds' given to BJP under Modi rule are the guarantee of 'Ease of Doing Business'. «Do you know about the Prime Minister's 'Donate, Take Bell and Business' scheme? In the country, the Prime Minister is doing 'donation business' by misusing ED, IT and CBI like 'Vasuli Bhai'. Reports have revealed that 30 companies involved in the investigation by agencies that have become recovery agents donated Rs 335 crore to the BJP during the investigation,» Rahul Gandhi said in a post on X, formerly known as Twitter.

India does not 'rush' into any Free Trade Agreement (FTA) if the pact is not equitable, balanced, and fair for the country, Commerce and Industry Minister Piyush Goyal on Friday said. He said that the ground realities in India have changed now and the offers made by partner countries in these agreements are «not at all» comparable to what India is offering to the world. At present, negotiations for FTAs with the UK, Oman, and the four-nation European Free Trade Association (EFTA) are nearing conclusion. EFTA members are Iceland, Liechtenstein, Norway, and Switzerland.

ZURICH (Reuters) — Switzerland is still in love with bank notes and coins, a survey by the central bank showed on Friday, despite the growth of mobile payment apps and predictions of a cashless society.

Ministry of Road Transport and Highways expects to construct anywhere between 12,000 and 13,000 km of national highways in 2023-24, which will be the second highest national highways construction in the country. The highest annual construction so far has been 13,327 km in 2020-21 while the second highest was 10,855 km in 2018-19. The ministry has completed construction of 7,685 km till the end of January 2024. It had set a construction target of 13,814 km for FY ’24. “We are optimistic of doing 4500-5000 km in the remaining two months which will help us to achieve anywhere between 12,000 and 13,000 km in the current financial year. This will be the second best achievement,” road transport and highways secretary Anurag Jain said on Friday.

Karnataka is planning to establish a dedicated ministry for the well-being of Kannadigas living abroad. Karnataka Home Minister G Parameshwara on Wednesday reiterated the state government's commitment to establishing a ministry for the well-being of Non-Resident Indian (NRI) Kannadigas. This announcement aligns with the promises made in the Congress's 2023 assembly polls manifesto. NRIs hailed from Canada, the United Kingdom, the United States of America, Australia, Singapore, and Western Asian countries were invited by Speaker U T Khader to witness the assembly proceedings.

manufacturing sector needs to contribute a quarter to India's economic growth amid its ambition of becoming a USD 30-trillion economy by 2030 and a developed country (Viksit Bharat), M&M group Managing Director and CEO Anish Shah said on Friday. Sharing his perspective on the role industries and enterprises will have to play in accelerating national growth and economic prosperity at the third ABP Network's 'Ideas of India Summit 3.0' here, he also said over the next seven years, Indian GDP is expected to add as much to the global GDP as the entire European Union combined. The two-day event, which began here on Friday, has seen the participation of policymakers, cultural ambassadors, industry experts, celebrities, business leaders, economists, among others. «India envisions to be a 30-trillion economy by 2047 to be a Viksit Bharat. This means manufacturing should be 25 per cent of GDP… We should be more ambitious and make manufacturing grow 16 times and exports grow 11 times.» Shah said.

NPS) subscribers have the choice to select from various pension fund managers and investment options based on their preferences. There are ten pension funds operating in the country. Among them are seven private pension managers, namely Axis Pension Fund, Aditya Birla Sun Life Pension, HDFC Pension, ICICI Prudential Pension, Kotak Mahindra Pension, Max Life Pension, and Tata Pension Management.

trade agreements with the UK, Oman and four European nation bloc EFTA will reflect its commitment to trade liberalisation and economic integration at a time when the whole world is turning protectionist, according to a report. Economic think tank Global Trade Research Initiative (GTRI) said the free trade agreements (FTAs) have become pivotal instruments for India's economic expansion and integration into the world market. These nations and the bloc are eager to finalize these agreements before the upcoming general elections, GTRI said, adding the talks are on the verge of conclusion. Signing of these three agreements will take India's FTA tally from 13 to 16.