Country Financial News

Many parts of Canada are set to get their first significant taste of winter snow this year with what’s expected to be a major storm ready to play out.

The year just beginning could be a watershed, with turning points in politics, economics and culture, provided common sense and moral clarity prevail both here and abroad.

Brazil has observed the anniversary of last year’s uprising in the capital when thousands of supporters of former President Jair Bolsonaro stormed government buildings and called for a military intervention to remove President Luiz Inácio Lula da Silva...

The Clooney Foundation for Justice, established by human rights lawyer Amal Clooney and Oscar-winning actor and filmmaker George Clooney, announced the a new leadership team Tuesday that the Clooneys say will lead the global legal services nonprofit th...

South Korea’s parliament has passed a landmark ban on production and sales of dog meat, as public calls for a prohibition have grown sharply over concerns about animal rights and the country’s international image

Indian economy is likely to grow at 6.2 per cent in the next fiscal, mainly due to the favourable combination of neutral policy settings, positive credit momentum, and manageable macros amid a 15-year high household debt levels, a foreign brokerage report said on Tuesday. Despite the rising external headwinds, India is likely to grow 6.2 per cent next fiscal against a consensus of 6.3 per cent to USD 3.9 trillion from USD 3.57 trillion in FY24 on a likely 7 per cent growth, as consumption growth is likely to stabilise at 4.7 per cent from 4.5 per cent in FY24, Tanvee Gupta-Jain, the UBS India chief economist, said in a note.

spiritual tourism segment in India grew by 35-40% year-on-year in 2023, according to estimates provided by travel majors, and it is expected to get a boost with the inauguration of the Ram temple in Ayodhya this month. Forward travel bookings and queries for Ayodhya are seeing a «strong» response, with flights for January 22 almost 80% booked, said an airline executive. Airline executives pointed out that for short-haul travel, they are expecting about 15% late bookings, primarily in the next five to seven days. «Some people are avoiding travel on the first day, expecting a rush and they plan to visit later,» the executive cited earlier said, adding that for the whole month, flights are almost 90% full. He pointed out that there could be some postponement of travel plans and some travellers would prefer travelling by train due to high airfares for January 22, the day of the temple inauguration. IndiGo and Air India Express had launched flights to Ayodhya immediately after the airport's opening on December 30. Both airlines now connect Ayodhya to Delhi, Mumbai, Bengaluru and Kolkata.

A crippling fuel leak has forced a U.S. company to give up on landing a spacecraft on the moon

Narendra Modi held a 3 km-long roadshow from Sardar Vallabhbhai Patel Airport to Gandhinagar, along with UAE president Mohamed bin Zayed Al Nahyan, on Tuesday. Nahyan is in Ahmedabad to attend the tenth edition of Vibrant Gujarat Global Business Summit, which will start on Wednesday.

Tshering Tobgay's party, the People's Democratic Party (PDP), on Tuesday scored a resounding victory in Bhutan's parliamentary elections. The party clinched almost a two-thirds majority, winning 30 seats of the 47 national assembly seats to return to power. The Bhutan Tendrel Party (BTP) navigated its way through the competitive landscape, securing 17 seats.

₹10 lakh segment. In the A-segment (entry-level cars), which is shrinking very fast, I’m one out of two players and my competition is giving huge discounts. I am not going to play a discount game.

Mint explains the significance: What is a P&I entity or club? A P&I entity or a P&I club is a mutual insurance association that provides risk-pooling information and representation for its members. Unlike a marine insurance company, which reports to its shareholders, a P&I club reports only to its members that include ship owners, operators, charterers, freight folders and warehouses. These act as both insurer providers and insurance receivers for its members and provide coverage for a carrier’s third-party open-ended risks such as damage to cargo, war, and environmental damage such as oil spills.

Indian economy is likely to grow at 6.2% in the next fiscal, mainly due to the favourable combination of neutral policy settings, positive credit momentum, and manageable macros amid a 15-year high household debt levels, a foreign brokerage report said on Tuesday. Despite the rising external headwinds, India is likely to grow 6.2% next fiscal against a consensus of 6.3% to $3.9 trillion from $3.57 trillion in FY24 on a likely 7% growth, as consumption growth is likely to stabilise at 4.7% from 4.5% in FY24, Tanvee Gupta-Jain, the UBS India chief economist, said in a note.

World Hindi Diwas Day, also known as Vishwa Hindi Diwas is celebrated with great enthusiasm around the world and by people in the country on January 10. It marks the day when Hindi was first spoken in the United Nations General Assembly in 1949. Hindi Divas History The day to commemorate the language was started to recognise Hindi as a universal language.

Canadian personal tax rates may be too high, don’t compare favourably with those in the United States and are driving many of our successful people out of the country, but to be fair, there are many considerations other than high taxes that go into a decision to leave and become a non-resident for income-tax purposes.

Mumbai Trans Harbour Link (MTHL), the country's longest sea bridge, is expected to bolster the Navi Mumbai property markets as the connectivity and further infrastructure development is likely to result in surge in real estate activity, demand and prices. Prime minister Narendra Modi will be inaugurating the 21.8-km-long MTHL on Friday and this bridge is estimated to cater to around 70,000 vehicles daily, connecting Sewri in central Mumbai to Chirle at Navi Mumbai. The bridge is poised to transform the everyday travel experience for commuters from south and central Mumbai, reducing the current two-hour travel duration to just 20 minutes. The improved connectivity is likely to spur commercial and business activities in Navi Mumbai. “The MTHL will undoubtedly be a boon for Navi Mumbai's overall economic development, including and especially the real estate sector in the region…In the next 10 years, we expect Navi Mumbai to not just complement the economic growth of MMR, but co-lead it, with other major infrastructure projects including the international airport also bound to have a substantial impact,” said Raajesh Prajapati, MD Prajapati Constructions. He expects Navi Mumbai’s demand for commercial, retail, office as well as residential for both affordable as well as luxury housing to grow substantially with both users and investors looking at the long term horizon. “Factors such as lifestyle, easy commuting, improved connectivity, and relatively lower property prices (35-45% less despite being a planned city) in Navi Mumbai will likely influence homebuyers' decisions.

Microsoft has worked with a U.S. national laboratory to use artificial intelligence to rapidly identify a material that could mean producing batteries that require 70% less lithium than now, the company said on Tuesday. The replacement of much of the lithium with sodium, a common element found in table salt, still needs extensive evaluation by scientists at Pacific Northwest National Laboratory (PNNL) in Richland, Washington to determine whether it will be suitable for mass production.

West Bengal government on Tuesday on the Sandeshkhali incident, where the Enforcement Directorate officials were attacked in the state on January 5. Meanwhile, in the wake of the recent attack on ED, top brass of the Enforcement Directorate held a high level meeting in Kolkata with its agency officials, CRPF, NIA and BSF to chalk out future strategies about the probe and safety of the ED officials.

₹1000: Find Quality on a Budgеt." In a markеt floodеd with options, narrowing down thе choicеs to thosе that offеr both еxcеptional sound quality and affordability is crucial. Our carеfully compilеd list of best speaker under 1000 is a tеstamеnt to thе idеa that grеat audio doеsn't havе to comе with a hеfty pricе tag. Thеsе spеakеrs provе that you can immеrsе yoursеlf in a world of crystal-clеar sound without brеaking thе bank.

United States on Tuesday, foreshadowing an impending harsh freeze over the weekend and causing power outages for more than 302,000 homes and businesses across nine states. The most severely affected states included Georgia, where over 65,000 power outages occurred, Florida with over 62,000 outages, and Alabama with more than 58,000 outages, as reported by PowerOutage.us. Southern Co manages the largest power companies in Georgia and Alabama, while NextEra Energy holds the position of the major power provider in Florida.

On January 10, people in the country and around the world commemorate World Hindi Day. Also known as Vishwa Hindi Diwas, it marks the day when Hindi was first spoken in the United Nations General Assembly in 1949. The very first World Hindi Day was celebrated on January 10, 2006, at the behest of former Prime Minister Dr.