Country Financial News

BJP MP Manoj Tiwari flagged off a special train from Shahdara to Ayodhya Dham on Friday. Tiwari, a Lok Sabha member from North East Delhi constituency, said all arrangements are being made by the BJP so that passengers don't face any inconvenience. «After 500 years, Lord Ram has come to the temple, and a lot of devotees want a darshan (sighting of the deity). Many trains from Delhi are bound for Ayodhya Dham. In this sequence, we have arranged for 1,504 devotees from Naveen Shahdara to Shri Ram Lalla in Ayodhya Dham. We have ensured that passengers don't face any inconvenience,» Tiwari told on Friday.

Nirmala Sitharaman tore into the previous Congress-led United Progressive Alliance (UPA) government on Friday, saying it pushed the country into the Fragile Five and left it in dire straits in 2014 with its economic mismanagement by putting the «first family» first. During the UPA regime, the security of the nation was compromised, environmental clearances were delayed, and the leadership failed as it was run by a «super prime minister» and there was at least one big-ticket corruption case every year. Initiating the debate on the 'White paper on Indian economy and its impact on the lives of people of India', Sitharaman said it was Prime Minister Narendra Modi who put the nation first, pulling the country out of crisis and placing it among the top five economies of the world.

Narendra Modi said on Friday, asserting that the «curse of incremental thinking» had for long hampered India's progress till his government changed this mindset in the bureaucracy and the administration. He justified the White Paper on the decade-long Congress-led UPA government, saying if he had preferred political expediency over national interest, he could have brought this out much earlier but that would have created panic. Speaking at the ET Now Global Business Summit on Friday, Modi said he has been in the process of preparing the roadmap for his third term for the last 18 months and has taken feedback from over 1.5 million people till now. General elections are due to be held in April-May. «New Bharat will work at superspeed — this is Modi's guarantee,» he said.

Pakistan (ECP) has not yet announced the final poll results. Meanwhile, according to the unofficial provisional results reported by Geo News for 241 out of 266 seats, the independent candidates, mostly backed by Pakistan Tehreek-e-Insaaf (PTI) are leading with 97 seats.

Crisil. “However, egg prices increased moderately by 4% on-year while the variation on-month is reported to be a 2% decline in January. Egg prices are typically regulated in the entire country by National Egg Coordination Committee and, hence, tend to show lower volatility," Sharma added.

Prime Minister Justin Trudeau says that Bell’s most recent round of layoffs is a “garbage decision” in response to a question about the company laying off nine per cent of its staff on Thursday.

Omaxe Ltd on Friday reported a consolidated loss of Rs 71.77 crore for the quarter ended in December 2023. Its loss stood at Rs 109.11 crore in the year-ago period. Total income from operations rose to Rs 601.90 crore in the third quarter of this fiscal year from Rs 253.81 crore in the year-ago period, according to a regulatory filing.

Bharat Ratna, the highest civilian award to former PM Chaudhary Charan Singh, was the moment RLD leader Jayant Chaudhary was waiting for. Chaudhary, who was not visible for the past one week amid speculations of his party joining NDA, surfaced on Friday and thanked Prime Minister Narendra Modi for the honour given to his grandfather. «This is a big day. It is an emotional and memorable moment for me. I thank the President, the Government of India and especially Prime Minister Narendra Modi. This has sent a big message to the entire country. The sentiments of the country are related to this decision of the government,» Chaudhary told media persons in Delhi. «Modiji has proved that he understands the basic sentiments of the country.» On a question of whether he is ready to join hands with BJP, Chaudhary simply said: «Is there anything left to be done? How can I refuse.» With this, the process of RLD joining the NDA in UP is complete. Sources told ET that a seat-sharing agreement has been reached between the two parties. As part of the deal, RLD will get two Lok Sabha seats — Baghpat and Bijnor — and one Rajya Sabha nomination. It will also get one cabinet position in UP and one MLC seat. Sources told ET that RLD will name senior party leader Sompal Shashtri for the RS seat given by the BJP.

Global disruptions may pose many challenges to how the world operates but they also offer considerable opportunities, the Prime Minister of Guyana Brigadier Mark Anthony Phillips said, giving the example of India's Vaccine Maitri that helped vulnerable countries at a time of need and propelled domestic manufacturing as well. Guyana, which has produced legendary cricketers like Clive Llyod and fast bowling debutant Shamar Joseph who propelled the West Indies to a stunning Test victory over Australia last month, has close diplomatic relations and a unique tie to India. The Prime Minister shared that 40% of Guyana's population comprises people of Indian origin. In his address at the summit, Phillips made a case for innovative and collaborative approach to meet common challenges being faced by nations across the world. «In the simplest of terms, global disruptions essentially change how the world operates. In today's world, disruptive forces such as technology, globalisation, and economic and demographic change, are constantly occurring,» the PM said.

environmental clearance to more than 80 per cent of the proposals for «projects and activities» in the eco-sensitive zones of the country in the last five years, Union minister Ashwini Choubey informed the Rajya Sabha on Friday. He also said the Standing Committee of National Board for Wild Life (SCNBWL) recommended a total of 689 proposals in the last five years. The minister said the environment ministry approved 43 of the total 53 proposals received in the last five years for «projects/activities» in the default eco-sensitive zones (ESZs) according to the provisions of the Environment Impact Assessment Notification, 2006. ESZs are eco-fragile areas within 10 kilometers of the borders of protected areas, including national parks and wildlife sanctuaries.

health ministry has strengthened the Integrated Disease Surveillance Programme (IDSP), which allows for a decentralised system of response to institute requisite public health control and containment measures, the government informed Parliament on Friday. In a written reply to a question in the Lok Sabha, Union Health Minister Mansukh Mandaviya said prevention of and preparedness against pandemics is a shared global responsibility. In order to better prepare against future pandemics and public health emergencies in the country, the Ministry of Health provides the requisite support to the states and Union territories to enhance their capabilities, Mandaviya said. As reported by the states, a total of 1,802 disease outbreaks, including acute diarrheal diseases, chicken pox and cholera etc, were reported last year (till December 17), he said.

India will become the number one automobile manufacturing hub in the world by 2029 and the country will be the third largest economy, road transport and highways minister Nitin Gadkari said on Friday. The government's focus going forward will be to build a world-class road network, move to alternative fuels and bring down logistics costs in the country, Gadkari added. «One thing is very clear: if we need capital investment, development and industry, we should have good infrastructure, water, power, transport and communication,» he said. «Without that, we cannot develop our agriculture, service industry and tourism.»

shrinking population, China’s approach to surrogacy is rather counterproductive—to say nothing of its effect on families. With couples waiting longer to have children, demand for surrogacy in China seems to be growing. By one estimate, over 10,000 babies are born via the process every year in the country.

The destruction of the Aral Sea in Central Asia has been labeled by the U.N. as the most staggering disaster of the 20th century

The owners of a Haitian food truck are suing a small town in Virginia over allegations that a town council member cut the food truck's water line and screamed, ‘Go back to your own country

Astronauts from Turkiye, Italy and Sweden returned to Earth on Friday, ending a private three-week mission to the International Space Station. The trio were accompanied by a retired NASA astronaut who now works for Axiom Space, the Houston company that arranged the chartered flight. The crew returned in a SpaceX capsule that parachuted into the Atlantic off the Florida coast. Turkiye celebrated Alper Gezeravci's launch from Cape Canaveral last month. A former fighter pilot and captain for Turkish Airlines, he became the first person from his country to fly in space.

NewEdge Wealth has added a new office in Atlanta, Georgia, with the hire of a team formerly with J.P. Morgan Wealth Management.

NCP MP Supriya Sule on Friday alleged that apps like Google Pay and PhonePe are «two ticking time bombs» and sought to know what steps the government is taking to check money laundering. Participating in a discussion on 'The White Paper on Indian economy' in Lok Sabha, Sule said whatever happened in Paytm Payments Bank Ltd (PPBL) is «very alarming» and is almost like money laundering. The Reserve Bank of India (RBI) last month directed PPBL to stop accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29.

aviation regulator to control airfares in the country is unlikely to impact rates in the current free market regime, airline executives and industry experts said in reaction to a parliamentary panel's call to take measures to check high fares. Air ticket prices are expected to rise further due to significant capacity cuts. IndiGo, the country's largest airline, has grounded 74 planes until December while others including Go First, SpiceJet, Air India group and Vistara grounded 90 planes.

Enbridge energy company is trying to persuade a federal appeals court to allow a pipeline to continue operating on a Wisconsin tribal reservation

Haryana chief minister Manohar Lal said that a lot of work has been done by his administration in the state for bringing transparency and ending corruption, especially in government recruitment. «We have tackled corruption strongly, especially in government appointments. Appointments and transfers postings were an industry when we came to the government. We worked and corrected that,» he said on Friday. «That said, we have to work hard and will try to take Haryana towards Ram Rajya.» Referring to the white paper on 10 years of the UPA government, the Haryana CM said even his government got corruption and scam in legacy. His government's priority is to end three Cs — crime, caste and corruption, Manohar Lal said.