Country Financial News

13.01 / 07:33
UPS BLOCK Manufacturing Sustainability show country Mint Explainer: Coal is here to stay, but India needs to make its use cleaner
Tata Power, Adani Power and Reliance Power. India’s installed power capacity as of May 2023 was about 418 GW. Of this, the overall capacity of fossil-based power plants was about 237 GW, with the share of coal at 205 GW.
13.01 / 06:27
economy Experts country social folk rights A guide to the Chinese Communist Party’s economic jargon
A new Communist Party slogan was born on January 9th. The phrase, which appeared on the front page of the People’s Daily, a party mouthpiece, defies easy interpretation. A loose translation might read “nine issues that must be grasped".
13.01 / 06:27
Provident FIVE security performer country reports Traffic Puri Heritage Corridor Project inauguration on January 17: Rituals begin, security heightened as heavy rush expected
PTI reported. On January 15, an ‘Akhand Deepa’ will be placed at the site where the three-day yagna will be performed by priests. The puja rituals will culminate on January 17 when Odisha Chief Minister Naveen Patnaik will walk through the corridor in the afternoon, declaring it open for devotees.
13.01 / 06:27
markets wellness country Department prevention Updates Investigations Ayodhya Ram Temple news: THESE four states declare 'dry day' on 22 January
Indian Railways updates trains' schedule for Lord Ram devotees | Full list here Uttarakhand Chief Minister Pushkar Singh Dhami has directed District Magistrates to keep 22 January as a dry day in the state. CM Dhami directed that prasad should be distributed in all major temples and Gurudwaras on January 22 and arrangements should be made for the distribution of prasad to the poor with public participation. Millets of Uttarakhand should be included as much as possible in the form of Prasad.
13.01 / 06:13
UPS Trade students country testing International TPF meet: India flags delay in US visa process for domestic businesses
The commerce ministry said that the two ministers noted that the movement of professional and skilled workers, students, investors and business visitors between the countries contributes immensely to enhancing bilateral economic and technological partnership. «Minister Goyal highlighted challenges being faced by business visitors from India due to visa processing time periods and requested the US to augment processing,» the statement said.
13.01 / 06:13
UPS Citi Aware Celebrity performer country Ram Mandir inauguration: Dry day declared in these states on Jan 22; check full list here
As per temple officials, the ceremony will be held for seven days starting from January 16. Preparations are underway in full swing for the Ram Temple 'Pran Pratishtha' on January 22, which will draw dignitaries and people from all walks of life. Read More: Ram Mandir: Railways to run 1,000+ trains to Ayodhya from 25 cities across the country.
13.01 / 06:13
President show country Courts rights peace NOT BJP has made Ram Mandir an issue: Ashok Gehlot on Congress not attending Pran Pratishtha event
Congress for not attending the Ram Mandir event at Ayodhya, former Rajasthan Chief Minister Ashok Gehlot said that it was the BJP which had made the event into an issue. «It was the BJP which made it (Ram Mandir) an issue which has led to this problem,» Gehlot said speaking to ANI. The former Chief Minister said that since everyone has faith in the Lord Ram and has welcomed Supreme Court's verdict the government and the trust should have acted appropriately. «The Ram Mandir is the centre of everyone's faith. The Supreme Court had given its verdict and the differences were solved peacefully.
13.01 / 04:41
Action community Trade country consequences International Mint Explainer: Why has the US coalition escalated hostilities with the Houthis?
Mint takes a closer look at the situation. For close to two months, attacks on ships on the vital Red Sea routes have troubled the international community. The Houthis, a rebel group in northern Yemen, have launched these attacks in an effort to punish Israel, a key link along the trade route, for its military offensive in Gaza.
13.01 / 04:41
security Election country recommendations Investigations Delhi excise policy case: ED issues 4th summons to CM Arvind Kejriwal, asks him to appear on 18 January
Delhi's per capita income rises over 14% to ₹4,44,768, ‘highest in India’ Kejriwal has accused ED of sending him 'false summons'. Earlier, in a media statement, CM Kejriwal said, "In the last two years, all the agencies at the BJP's disposal have conducted many raids but not a single penny was found. If there was corruption, where is the money? AAP leaders are being put in jail in fake cases.
13.01 / 04:41
FIVE economy wellness performer country Equality International India could be the third-largest economy soon, but what about GDP per head?
India will become the third largest economy in FY28, finance minister Nirmala Sitharaman said at the recent Vibrant Gujarat summit. This is the view of the International Monetary Fund as well, and is a good thing, but it won’t by itself bring major improvements to the quality of life of the average Indian. Unless India can achieve double-digit growth for a decade or more, GDP per capita will remain low, not just relative to that of larger economies, but to those of middle-income countries as well.
13.01 / 03:21
Waters Extreme track country Customers Winter storm knocks out power to over 100,000 Michigan customers
(Reuters) — A massive winter storm moving across the eastern half of the U.S. on Friday knocked out power to more than 100,000 customers in Michigan ahead of a brutal freeze expected to blanket the region starting this weekend.
13.01 / 02:25
Man Death Bill country concert singer Once a drug dealer, Jelly Roll gives emotional fentanyl bill testimony
fentanyl crisis on Thursday, sharing that he wants to be “part of the solution” for the opioid crisis.The 39-year-old singer, whose real name is Jason DeFord, spoke during the Senate’s banking, housing and urban affairs committee hearing in Washington, D.C.The “Stopping the Flow of Fentanyl: Public Awareness and Legislative Solutions” hearing addressed the rising number of deaths caused by fentanyl and other drug overdoses.“At every concert I perform, I witness the heartbreaking impact of fentanyl. I see fans grappling with this tragedy in the form of music … that they seek solace in music and hope that their experiences won’t befall others,” he said.
13.01 / 02:07
markets UPS economy Experts show country inclusion Rupee at a four-month high, outperforms Asian currencies
rupee closed at its strongest level in four months on Friday, kicking off 2024 as an outperformer among Asia-Pacific currencies, as US dollar flows have poured in ahead of India's inclusion in global bond indices, while an optimistic view on GDP growth burnishes the country's appeal. So far in January, the rupee has gained 0.4%, with the currency closing at 82.92/$1 on Friday, its strongest closing level since September 12, 2023, Bloomberg data showed. The rupee, which closed at 83.03/$1 on Thursday, weakened 0.6% in 2023 on a closing basis.
13.01 / 02:07
Fighting War country prevention Courts International Israel defends itself at the UN's top court against allegations of genocide in Gaza
Israel described the allegations leveled by South Africa as hypocritical and said one of the biggest cases ever to come before an international court reflected a world turned upside down. Israeli leaders defend their air and ground offensive in Gaza as a legitimate response to Hamas' Oct. 7 attack, when militants stormed through Israeli communities, killing some 1,200 people and taking around 250 hostage.
13.01 / 01:15
CEO Software Research trends country reports Schools Q3 results: HCLTech bucks trend, Wipro's woes continue
HCLTech, India's third-largest software exporter, bucked the prevailing trend of tepid growth in the $245-billion IT services industry to post better-than-expected numbers in the third quarter of the current financial year. Its net profit rose 6.2% on year to Rs 4,350 crore for the October-December 2023 period, while revenues rose 6.5% to Rs 28,446 crore. Meanwhile, Wipro — the fourth in the quartet of India's top IT firms — reported a steep 12% year-on-year fall in profits and a 4.4% dip in revenue in what is traditionally viewed as a slow quarter for the technology industry.
12.01 / 21:19
markets COST JPMorgan security Trade country US bank capital overhaul proposal fatally flawed, top lobby groups say
(Reuters) -U.S. bank regulators' proposed new capital requirements for large banks, if finalized, would violate key federal laws and needlessly impose burdensome costs on 80% of assets in the country's banking system, major industry lobby groups said on Friday.
12.01 / 20:34
Target Election students show country politician Pierre Poilievre pledges to tie immigration levels to homebuilding
The Conservative politician who’s trying to take down Justin Trudeau said that if he’s elected, he would link Canada’s immigration levels to the number of homes being built.
12.01 / 18:37
Platform Remark Opinion performer country social Interviews Sudha Murthy backs Narayana Murthy's 70-hour workweek idea: ‘Work is a holiday when…’
enjoy your work. You should be passionate about your work. The work is a holiday then," Sudha Murthy said.
12.01 / 18:37
Progressive Align show country beautiful travelers International Mumbai Atal Setu, India's longest sea bridge, gets inaugurated in Mumbai; watch night visuals
ANI shows drone visuals of the bridge, adorned with beautiful lighting, extending over the Thane Creek in the Arabian Sea. Spanning 21.8 km, the Mumbai Trans Harbour Link, officially named Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu, is a six-lane bridge comprising a 16.5 km stretch over the sea and an additional 5.5 km on the land. ALSO READ: Maharashtra gets Atal Setu, PM Modi takes part in 'bhajan': 10 highlights of PM's visit today “Atal Setu is the picture of developed India.
12.01 / 18:37
country Department Courts SC stays Delhi HC ruling on benefits for foreign investors with TRCs
NEW DELHI : The Supreme Court has put on hold a Delhi High Court ruling that had allowed foreign investors to benefit from zero or reduced tax rates in India based solely on possessing a tax residency certificate. Foreign investors can avail these certificates, known as TRCs, based on treaties between India and tax haven countries such as Singapore and Mauritius. This Supreme Court’s decision on Friday was in response to a petition by tax authorities challenging the Delhi High Court’s decision in a case involving Blackstone Capital Partners, a Singapore-based company facing a tax notice of about ₹108 crore.

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