Country Financial News

India so far has imported 3,000 tonnes of black matpe or urad beans from Brazil and is likely to procure another 20,000 tonnes this year, said Union consumer affairs secretary Rohit Kumar Singh. Singh in November had urged businessmen and officials in Brazil to grow pulses, especially tur (pigeon pea) and urad, to cater to Indian consumers amid falling domestic production, and as a way of diversifying the sourcing. “We need to ensure that food items are available in the country for our 1.4 billion consumers at an affordable price," Singh said on Thursday on the sidelines of the Global Pulse Confederation conference in New Delhi.

unauthorised card payments through certain intermediaries. Without naming the card network, the banking regulator has made an observation via a press release that the card network had an arrangement that enables businesses to make card payments through certain intermediaries to entities that do not accept card payments. This arrangement works like this: The corporates make payments via card network to an intermediary for commercial payments and the same is then remitted via electronic transfer (such as IMPS/RTGS/NEFT) to the recipients which do not accept card payments.

Also Read | M&M’s tale of two journeys: strong auto, weak tractors "I can say that raising the flag at the South Pole doesn’t carry any implications in international law. The Antarctic Treaty (which became effective in 1961) has a specific provision that no action by any nation after 1961 can be the basis of a territorial claim on the continent," he added.

Indians planning their summer travel to Europe may have to face lesser waiting period at visa centres this year as visa services provider VFS Global expects an improvement in visa processing time for foreign destinations on the back of deployment of additional staff by client governments to handle the visa applications traffic. "The Swiss have given us 25% more appointments. Also, earlier, their appointments would be concentrated in 2-3 months, now they have spread the appointments across the entire year.

₹15,947 crore. According to Coal India, the company's forthcoming thermal power projects will utilize Ultra Super-Critical technology, which significantly reduces carbon emissions compared to traditional coal-fired plants.

India on Thursday said it has rejected the demand of the four European nations EFTA bloc for inclusion of a 'data exclusivity' provision in proposed free trade agreements, stating that it always protects the interests of the domestic generic drugs industry. Commerce Secretary Sunil Barthwal said there is no Free Trade Agreement (FTA) in which India will go against the generic drug industry. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. The bloc is negotiating a trade agreement with India. «They want that there should be data exclusivity, we rejected their demand. We are with our generic industry.

Allworth Financial has completed another acquisition, bringing its total to date to 34.

rupee consolidated in a narrow range and depreciated by 2 paise to close at 83.04 (provisional) against the US dollar on Thursday, tracking a strong American currency and elevated crude oil prices in the international market. Forex traders said the Indian currency depreciated as foreign fund outflows weighed on the rupee. However, positive domestic markets cushioned the downside. At the interbank foreign exchange market, the local unit opened at 83.00 and finally settled at 83.04 (provisional) against the dollar, down by 2 paise from its previous close.

(Reuters) -Cenovus Energy fell short of analysts' estimates for quarterly profit on Thursday, due to lower refined product pricing in the U.S. and price realizations in the oil sands segment.

BJP leader Suvendu Adhikari, along with four legislators, were detained by the police at Rampur village en route to Sandeshkhali. The policeman allegedly assaulted him as staged a sit-in protest in Rampur along with the legislators. "… A police officer named Amin Ul kicked me with his boot. They did that to the LoP. I will protest for a while, and if they do not rethink their decision, I will move the HC… A mere DSP kicked a four-time MLA, ex-minister, LoP, two-time MP, and three-time councillor. What kind of behaviour is this," he said as he along with six Bharatiya Janata Party (BJP) leader were suspended from the West Bengal Legislative Assembly early this week for staging protests and demanding a statement by Chief Minister Mamata Banerjee on the Sandeshkhali issue in the House.

TikTok is taking measures to combat misinformation about the upcoming European Union elections including setting up fact-checking hubs inside the app

Cybersecurity experts are warning that hospitals around the United States are at risk for attacks such as the one that's crippling operations at a premier Midwestern children’s hospital

Nithin Kamath, CEO of Zerodha, an Indian brokerage firm, raised a red flag about phishing websites designed to deceive users into downloading fake trading apps. “After the Chinese loan apps scam, the latest scam from actors in China and other Asian countries is phishing websites. Fraudsters are creating hundreds of websites and trading apps that look similar to the websites of Indian brokers," Kamath said in a post on social media platform X.

₹1413.30 in intra-day deals on Thursday, February 15 after the largest private sector lender informed in a press release that has witnessed healthy growth in its Home Loan Business post its merger with HDFC. The lender announced that its home loan business experienced a stable and healthy double-digit YoY growth for two quarters, ending December 31, 2023. The growth in sales turnover has come on the back of a wider distribution network with a 3.6 percent sequential growth as of December 2023, the highest amongst peers in home loans.

Fighter, Hanu-Man and Malaikottai Vaaliban are doing far better than expected in international markets despite focused release only in countries with sizeable Indian diaspora. Trade experts say films featuring mainstream stars and the song-and-dance trope are lapped by overseas audiences in territories such as the US, UK, Australia and New Zealand who aren’t as discerning as those within the country. Higher ticket prices overseas further boost earnings.

LONDON — The U.K. economy slipped into a technical recession in the final quarter of last year, initial figures showed Thursday.

Bharat Bandh news: As the farmers from Punjab continue to march towards Delhi to press for their demands, the Samyukta Kisan Morcha, along with several trade unions, has called for a Gramin Bharat Bandh on February 16. According to the directions released by the SKM, the bandh will be observed between 6 am and 4 pm. The farmers will participate in a chakka jam on major roads across the country from 12 pm to 4 pm.

NEW DELHI : India has resumed trade talks with Peru after a long gap, with the sixth round of India-Peru negotiations for a trade agreement held in the South American country from 12 to 14 February. Various working group meetings were held, including on trade in goods, rules of origin, trade in services, customs procedures and trade facilitation, dispute settlement, and legal and institutional Issues, the ministry of commerce and industry said in a statement on Thursday “These meetings involved the participation of more than 70 delegates from both countries together, including their respective negotiating teams," it said. Over the next fortnight, other working groups will hold virtual meetings on technical barriers to trade, sanitary and phytosanitary measures, and trade remedies and cooperation.

Investing.com-- Oil prices fell in Asian trade on Thursday, extending losses after a substantially bigger-than-expected build in U.S. inventories pointed to well-supplied markets, while Japanese recession signals drove up concerns over slowing demand. 

Canadian government, in a bid to address labour shortages in the country, is intensifying efforts to bring more French-speaking skilled workers to its shores. Canada's latest move is based on projections for labour shortages between 2022 and 2031, with one eye on economic growth and national identity. Want to know if you qualify for immigration? Click here Earlier in February, the country's immigration minister, Marc Miller announced the start of 2024 Express Entry rounds. These rounds are encourage candidates with category-specific work experience or a strong French language proficiency to apply for permanent residence.

moon lander built by Houston-based aerospace company Intuitive Machines was launched from Florida early on Thursday on a mission to conduct the first U.S. lunar touchdown in more than a half-century and the first by a privately owned spacecraft. The company's Nova-C lander, dubbed Odysseus, lifted off shortly after 1 a.m. EST (0600 GMT) atop a Falcon 9 rocket flown by Elon Musk' SpaceX from NASA's Kennedy Space Center in Cape Canaveral.