Country Financial News

Two private companies are aiming to get the U.S. back in the moon-landing business, more than five decades after the Apollo program ended

The United Nations has issued a somber global economic forecast for 2024, pointing to challenges from escalating conflicts, sluggish global trade, persistently high interest rates and increasing climate disasters

The unemployment rate for Black Americans fell significantly in December, closing out 2023 on a positive note, according to data released Friday by the Department of Labor.

India’s foreign minister has concluded a two-day trip to Nepal during which he signed an agreement to increase the amount of electricity India imports from its neighbor

A group of farmers prevented Germany’s vice chancellor from disembarking a ferry hours after the government partially climbed down on cost-saving plans that had infuriated the agricultural sector

Inflation is on the rebound in Europe

The U.N. Food and Agriculture Organization says global prices for food commodities like grain and vegetable oil fell last year from record highs in 2022

Global supermarket chain Carrefour will stop selling PepsiCo products in its stores in France, Belgium, Spain and Italy over price increases for popular items like Lay’s potato chips, Quaker Oats and its namesake soda

automobile sector, Commerce Secretary Sunil Barthwal said on Friday. He said that India has come to the centre stage of auto manufacturing not only in assembling but also in the whole value chain. The industry has strengthened itself in all areas, including making auto grade steel, components and tyres, besides exporting these goods, he said.

India made a splash at the Golden Globes 2023. ‘Naatu Naatu’, the chartbuster song from SS Rajamouli’s magnum opus ‘RRR’ bagged a Golden Globe for Best Original Soundtrack. Although no Indian films or original soundtrack have made the coveted Golden Globe nomination this year, our country does have a long history with the Globes!

The Central Bank of Nigeria (CBN) has granted approval to the Africa Stablecoin Consortium (ASC) to launch the cNGN stablecoin in its regulatory sandbox. 

Dilip Bhikhalal Desai, co-founder & chairman of professional services firm DHC Advisory LLP, has purchased a sea-view luxury duplex apartment in a super-premium tower opposite the Breach Candy Club in South Mumbai’s plush Breach Candy locality for over Rs 85 crore. The transaction values the apartment spread over 5,874 sq ft on the 10th and 11th habitable floor of super-luxury residential tower Bishopsgate at nearly Rs 1.45 lakh per sq ft, pushing it higher in the tally of most expensive homes sold on per sq ft basis anywhere in the country. Kolkata-based Desai has acquired the property along with his wife from a private family trust based out of Mumbai. The buyers have paid Rs 5.10 crore as stamp duty alone for the registration of the deal that took place on December 13. As per the agreement, the buyer will also get exclusive access to a total five covered car parking slots in the tower along with the duplex apartment, showed the documents accessed through IndexTap.com. Mumbai-headquartered DHC Advisory is among the oldest Indian professional services firms with presence across 11 cities and 20 offices.

Ayodhya has proved that they can actually be mutually inclusive. The Ram temple is not just about religion, but business and economy too. Addressing a public meeting in Ayodhya recently, Prime Minister Narendra Modi said that the campaign for making India a developed country is getting a new speed from Ayodhya.

Piyush Goyal on Friday urged the automobile industry to set a target of increasing the share of vehicles being exported to 50% of all passenger vehicles produced in the country by 2030 from 14% in the last fiscal. “With our arbitrage in labour costs and skilled manpower pool, India should have 50% export share in the auto sector. The auto industry should not limit itself to achieving a 25% export share and instead aim for at least a 50% export share,” Goyal said at the curtain raiser of Bharat Mobility Global Expo 2024, which is scheduled to be held from February 1-3 February. India’s contribution to the world is increasing rapidly with share of vehicles being exported from 14% at present, to about 25% of all passenger vehicles produced in India by 2030.

Ayodhya land dispute case, Iqbal Ansari on Friday received an invitation to the 'Pranpratishtha' ceremony of the Ram Temple, scheduled for January 22. RSS workers, on behalf of Shri Ram Janmbhoomi Teerth Kshetra, handed him the invitation card on Friday. «I am happy that the idol of Lord Ram is going to be installed… Ayodhya is the land of Hindu-Muslim-Sikh-Christian harmony and it will always remain intact,» Iqbal Ansari told ANI. «The Supreme Court gave a verdict and Muslims across the country respected it. There was no protest or demonstration anywhere.

The China State Administration for Market Regulation revealed Friday that electric automaker, Tesla (NASDAQ:TSLA) will recall 1.62 million vehicles in the country. The recall follows two others that were enacted in the United States in December.

companies are unlikely to have much to cheer about in 2024 if early funding figures are anything to go by. Investments in startups in the first week of 2024 dropped by about 88% from the same period a year ago, totalling $35.8 million across eight deals. In volume terms, deals were down 86% from 59 a year earlier.

Sri Lanka has declared a moratorium on foreign research ships entering its waters for a year amid concerns from India over Chinese research vessels docking in its neighborhood. Though the moratorium comes ostensibly for capacity building it is seen as a reaction to growing concerns in India.

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R Praggnanandhaa triumph at the Chess World Cup, where he delivered a superlative performance and bagged a silver medal. The talented lad recently received a sweet shoutout from none other than billionaire Gautam Adani. Taking to X (formerly Twitter ) on Friday, the Adani Group Chairman shared a picture of himself with the ace chess player and wrote that it was “privilege” to support him and tha his story can inspire Gen X to follow their dreams and make the country proud. “It's a privilege to support Praggnanandhaa as he continues to win laurels in the world of chess and make India proud.

Carrefour will stop selling PepsiCo products in it stores in France, Belgium, Spain and Italy over price increases for popular items like Lay's potato chips, Quaker Oats, Lipton tea and its namesake soda. The French grocery chain said it pulled PepsiCo products from shelves in France on Thursday and added small signs in stores that say, «We no longer sell this brand due to unacceptable price increases.» The ban also will extend to Belgium, Spain and Italy, but Carrefour, which has 12,225 stores in more than 30 countries, didn't say when it would take effect in those three countries.