Country Financial News

By Xinghui Kok and Joe Brock

MADRID (Reuters) — Severe droughts and heatwaves in Spain could have a persisting impact on the domestic lenders' solvency by slowing down the economy and leading to more loan losses, the Bank of Spain Governor Pablo Hernandez de Cos said on Friday.

Akasa Air will operate four non-stop flights a week, connecting Mumbai with Doha, enhancing air connectivity between Qatar and India," the airline said in a release. Bookings for flights are now open on Akasa Air’s website www.akasaair.com, Android and iOS app and through multiple leading OTAs, with return fares starting at ₹29012. With this, Akasa Air becomes the first Indian airline to fly overseas in a record period of 19 months since its inception.

labour-strained Taipei seeks to expand its foreign workforce beyond its traditional source countries of Southeast Asia, Reuters reported. Meanwhile, local media reports said Taiwan seeks to hire more Indian workers to address labour shortages in the manufacturing, construction, agriculture, and fishery industries. Taiwan is a major semiconductor producer but with an ageing society.

Arvind Kapil, Country Head - Mortgage Banking, Home Loan, LAP, HDFC Bank. Morgan Stanley in its report stated that the accelerated market share gains would improve CASA cross-selling in upcoming quarters. "The company gave details on the home loan business after the merger.

ALSO READ: 'Mamata Banerjee is known for genocide of Hindus': Smriti Irani slams Bengal CM after Sandeshkhali violence Malviya accused Banerjee of "protecting a criminal and negating sexual exploitation of poor marginalised women, who come mostly from the SC/ST communities". He informed that the BJP delegation "will now visit the Governor to highlight the complete collapse of law and order in Bengal".

Also Read: PM Modi to inaugurate first Hindu temple in UAE, travel to Qatar this week — Check full schedule, key details Last year, Goa's Palolem and Agonda cities had secured the first and the second rank in Most Welcoming Indian cities list. The list was followed by Mararikulam, Hampi, Khajuraho, Tekkady, Jaisalmer, Bir, Munnar and Kerala.

Euronews. However, as of now, India is not on the list. One must work for an employer or corporation outside of the host nation or own a business that can be managed from anywhere in the world to be eligible for this visa.

By Sara Rossi

By Sumeet Chatterjee, Engen Tham and Selena Li

subsidies may be tapered in favor of a smaller outlay under a new or extended version of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles or FAME-II scheme. Government officials with direct knowledge of the discussions told Mint on Wednesday that could be the case. For now, uncertainty surrounds the fate of electric vehicle (EV) incentives, with the ₹11500 crore FAME-II scheme set to expire this financial year, sparking discussions about the potential transition to FAME-III.

Unit Linked Insurance (ULIP) plans. The AUM of the Indian MF Industry has grown from ₹9.03 trillion as on January 31, 2014 to ₹52.74 trillion as on January 31, 2024 around 6 fold increase in a span of 10 years. The Indian Insurance market is expected to reach US$ 200 billion by 2027 and the country is the ninth-largest life insurance market globally.

Prime Minister Narendra Modi on Friday launched a verbal attack on the Congress party, alleging that its primary agenda revolves around opposition to him, describing it as ‘Modi Virodh’ and ‘Ghor Modi Virodh’. PM Modi made these remarks while addressing the program ‘Developed India-Developed Rajasthan’. He said, "Congress has only one agenda, to abuse Modi...they don't even take the name of Vikshit Bharat because Modi works for it.

Borosil Renewables, a solar glass manufacturer and a subsidiary of the Borosil group, witnessed a significant surge in its stock price during today's intraday trade, climbing 11% to ₹598.65 per share. This rise came after India initiated an anti-dumping investigation into specific solar glass imports from China and Vietnam, prompted by complaints from domestic industry players.

LONDON (Reuters) -British retail sales rose by a stronger-than-expected 3.4% in January, according to official figures that showed signs of strength among consumers a day after data confirmed the country's economy entered a recession last year.

(This Feb. 15 story has been corrected to change the launch date from 'March' to 'spring' in paragraph 5)

Assam based Numaligarh Refinery Limited (NRL) is executing its mega project of laying of a cross country pipeline of 1635 km from Paradip Port in Odisha to Numaligarh along with expansion of its refinery from 3.0 MMTPA to 9.0 MMTPA, as part of ‘Numaligarh Refinery Expansion Project (NREP)’. The prestigious NREP Project is the single largest Investment in Northeast India as part of Government of India’s ‘Hydrocarbon Vision 2030 for North East India’. The pipeline passes through five States traversing numerous enroute crossings including all major rivers of East India, namely Ganga, Jia Bharali, Subansiri, Brahmaputra through a technique called Horizontal Directional Drilling (HDD) with intersection. Subansiri River, which connects Lakhimpur in the North and Majuli in the South side, is one of the of the most challenging HDD sites due to its complex 3510-meter-long profile length for a 26-inch diameter pipe.

Investing.com-- Hong Kong’s Hang Seng index shot up on Friday as traders piled into China-exposed stocks before the reopening of mainland markets after a week-long holiday next week.

Hyundai Motor India is taking a significant leap towards making electric vehicles more accessible across the country. The company has recently expanded its ultra-fast EV charging network by setting up 11 new charging stations in various cities and along major highways. These new charging stations are strategically placed to benefit cities like Mumbai, Pune, Ahmedabad, Hyderabad, Gurugram, and Bangalore. They are also located along highways such as Delhi-Chandigarh, Delhi-Jaipur, Hyderabad-Vijayawada, Mumbai-Surat, and Mumbai-Nashik. The aim of these charging stations is to provide quick and convenient charging options for electric vehicle owners. Most of them operate 24/7, catering to both city dwellers and long-distance travelers. The charging stations utilize advanced technology that enables vehicles to be charged rapidly and efficiently. For example, the Hyundai IONIQ 5, one of Hyundai's electric vehicle models, can be charged from 10% to 80% in just 21 minutes using these chargers. To make the charging process even more convenient, customers can use the MyHyundai app. The app allows users to discover charging stations, navigate to them, pre-book charging slots, make digital payments, and monitor the charging status. Looking ahead, Hyundai plans to further expand its ultra-fast charging network to 10 or more new locations by 2024. Additionally, as part of an agreement with the Government of Tamil Nadu, Hyundai aims to install 100 charging stations by 2027.

MintGenie, Himanshu Kohli, Co-Founder of Client Associates, talks about global citizenship, private equity and debt, among others. Click here to read the first part. Many families in India are also thinking about having a plan B, which means if tomorrow something goes wrong in India, they have a backup outside India, which is where their plan B comes into the picture.

The Economic Times (ET), Amit Sevak, chief executive of Education Testing Service (ETS) was quoted as saying that this shows the demand for the test is growing among Indians. GRE is a standardised test which tests critical thinking, analytical writing, verbal reasoning skills and quantitative aptitude of students who wish to take admission to colleges US or other countries. According to the data in the report, 113,304 Indians took the test in June-July in 2022-23, followed by 97,676 Americans and 57,769 Chinese.