Country Financial News

Rahul Gandhi will embark on a 6200-km ‘Bharat Nyay Yatra’ from violence-hit Manipur to Mumbai for which Manipur Congress is all prepared, said the senior party legislator Keisham Meghachandra. The Yatra will cover 14 states and 85 districts of the country.

Jeremy Hunt as he endeavors to set the stage for the impending election, mandated to take place by January 2025. Prime Minister Rishi Sunak's Conservative party currently lags significantly behind the opposition Labour Party in the polls. Despite this, the country's economic challenges and budget deficit constrain the ability of Sunak and Hunt to engage in extensive pre-election spending. Amid calls from numerous Conservative lawmakers for tax reductions to regain voter support after 13 years of Conservative rule, Sunak and Hunt find themselves in a delicate position. The latest Ipsos poll in December indicated that Conservative support was at 24%, substantially trailing the Labour Party's 41%.

Russia has an interesting place in India's foreign policy game plan. As foreign minister S Jaishankar said on Tuesday during his five-day visit to Moscow, geopolitics and strategic convergence will always keep the bilateral ties on a positive trajectory. On Wednesday, Jaishankar and his Russian counterpart Sergey Lavrov walked the talk as the two sides agreed on the expansion of Russian hydrocarbon exports to India and cooperation in nuclear energy.

Chinese authorities have reportedly dismantled an illegal underground banking operation that moved some $2.2 billion between China and other countries using overseas “virtual currency trading platforms.”

Michigan Supreme Court has dismissed a bid to exclude ex-President Donald Trump from the 2024 primary ballot, citing the US Constitution's «insurrectionist ban.» The anticipated outcome stands as a win for the former president, with the possibility of a renewed attempt for the general election. In contrast, the recent decision by the Colorado Supreme Court removed Trump from its primary ballot due to his involvement in the January 6 Capitol riot, but this ruling is currently on hold pending an appeal.

NEW DELHI/MUMBAI : Registrations by foreign portfolio investors in India this year were the fewest in at least 10 years, although foreign investments have continued to rush in. Market experts pinned the steep decline in registrations on global economic headwinds, while pointing out that FPIs already in India have delivered stellar returns in recent years.

The Office of Foreign Assets Control (OFAC) of the United States Treasury Department has filed claims against CoinList Markets, a virtual currency exchange, and the company has agreed to pay more than $1.2 million to resolve the allegations. Despite sanctions imposed by the United States against Russia, which seized Crimea in 2014, CoinList continues to execute transactions for clients residing in the Crimea area of Ukraine. This move is a reaction to the fact that Russian sanctions have been imposed.

Ayodhya Railway Station has been renamed to “Ayodhya Dham" Junction, said Lallu Singh, Ayodhya Member of Parliament on X. «Ayodhya Junction became “Ayodhya Dham Junction» Under the guidance of Honorable Prime Minister of India Shri @narendramodi ji, the name of Ayodhya Junction of the newly constructed grand Ayodhya Railway Station has been changed to #Ayodhya Dham Junction as per the expectation of public sentiments," he wrote on X. Prime Minister Narendra Modi is set to inaugurate 'Ayodhya Dham,' a railway station with cutting-edge facilities, on December 30. While the station's development is planned to occur in three phases, the first phase has been fully completed ahead of its inauguration, according to an official statement from the government of UP on Wednesday. What distinguishes this station is its meticulously planned development, which outperforms even airport facilities in terms of quality and convenience.

Adani Total Gas Ltd, India's leading the city gas operator, on Wednesday signed an initial agreement with Flipkart to help decarbonise its supply chain. In the statement, Adani-Total Gas Ltd (ATGL) said a memorandum of understanding (MoU) was signed with Flipkart to this effect.

renewable energy at breakneck speed in 2023, a trend that if amplified will help Earth turn away from fossil fuels and prevent severe warming and its effects. Clean energy is often now the least expensive, explaining some of the growth. Nations also adopted policies that support renewables, some citing energy security concerns, according to the International Energy Agency. These factors countered high interest rates and persistent challenges in getting materials and components in many places.

The Department of Finance on Dec. 20, 2023, released the short-term rental draft legislation as part of a small package of taxation proposals. For those who need a reminder, short-term rental owners/operators that are operating in a municipality that prohibits such rentals are apparently evil and need to be punished to the extreme from an income tax perspective.

It has been a busy year for Industry Minister François-Philippe Champagne. He has several responsibilities, but building a new battery sector seemed to keep him the most occupied in 2023 as Canada inked multi-billion-dollar deals with battery and automakers Stellantis NV, LG Energy Solution Ltd., Volkswagen AG and Northvolt AB to build three battery plants.

San Francisco: Tesla is expected to post another record quarter for electric vehicle (EV) deliveries, likely shy of an ambitious 2 million annual internal target that CEO Elon Musk touted at the beginning of the year. Faced with slowing sales, Tesla leveraged its industry-leading margins and slashed prices of its four car models globally in 2023, with a focus on China, where the company has lost market share to locals including BYD .

oil supplies from Europe to India and China after the Western countries enforced economic sanctions against it over the Ukraine war. Russia invaded Ukraine in February 2022. The America-led Western countries hit Russia with a slew of sanctions including a European Union embargo on its seaborne oil deliveries.

As we approach the close of 2023, market sentiment points toward a bullish 2024 for stocks. The year-over-year expected stock market earnings growth rate is expected at 8.1%, according to FactSet.

MADRID (Reuters) — Spain on Wednesday extended a slew of measures designed to help people cope with high costs of living into 2024, even as the rate of inflation slows.

Ready to go the distance, or at least as far as a plug-in hybrid can take you on electricity before using a drop of gas

By Akash Sriram and Hyunjoo Jin

BEIJING (Reuters) — China will strive to expand domestic demand, ensure a speedy economic recovery and promote stable growth, according to an interim report on China's 14th five-year plan published by parliament on Wednesday.

environment grows more urgent. As noted in the most recent State of Environment Report in 2021, we are increasingly turning to «measures of last resort» to prevent species extinctions and the collapse of ecosystems. In legal theory, the "rights of nature" acknowledges all Earth's natural elements as having an inherent right to exist and flourish.

Tesla is expected to post another record quarter for electric vehicle (EV) deliveries, likely shy of an ambitious 2 million annual internal target that CEO Elon Musk touted at the beginning of the year. Faced with slowing sales, Tesla leveraged its industry-leading margins and slashed prices of its four car models globally in 2023, with a focus on China, where the company has lost market share to locals including BYD .