Country Financial News

20.12 / 10:44

Racing performer country exclusive blues innovations India Yamaha Motor launches R3 and MT-03 as completely built units

Yamaha Motor has launched its latest sports motorcycles — R3 and MT-03 — widening its product portfolio in the domestic market, the company said on Wednesday. The two products — the track-oriented R3 and the street fighter MT-03 — have been launched as part of the brand campaign — The Call of the Blue — and would be sold in the country as 'completely built-up units' (CBUs). «These two iconic motorcycles truly represent Yamaha's racing DNA and underscore the brand's unwavering commitment to advancing the premium motorcycle segment in the Indian market,» a company statement said.

20.12 / 10:43

Provident Digital Google country Inside 2020 guidelines licence Explained: The headlong rush for a payment aggregator licence

payment aggregator licences on Tuesday. The likes of Razorpay, Cashfree, Open Financial Technologies, Enkash, and Google Pay all made it to the list. While recognition from the central bank is always a big deal for startups, for Cashfree and Razorpay it meant finally getting back to business. For a year or so, these startups were barred from onboarding new merchants by the central bank.

20.12 / 09:44

FIVE Enterprise Experts Indus country reports Sensex crashes 1,000 points from day's high. Early signs of a U-turn?

The fall was sharper in the Nifty Midcap and Nifty Smallcap indices — each of them tumbled around 2%. FMCG was the only sectoral index trading in the green, while banks and IT indices were trading around 0.5% lower. The fall was sharper in auto, media, metal, PSU banks, and realty stocks. In percentage terms, today's decline in Nifty was the biggest single-day loss since October 26.

20.12 / 09:44

Gap country Asia feels the sting of India's onion export ban

Asian buyers, who are scrambling for cheaper alternatives, particularly as New Delhi is unlikely to lift the curbs before general elections next year. The world's biggest exporter of onions banned shipments on Dec. 8 after domestic prices more than doubled in three months following a drop in production. Now retail shoppers from Kathmandu to Colombo are struggling with high prices, since traditional Asian buyers, such as Bangladesh, Malaysia and Nepal, and even the United Arab Emirates, rely on imports from India to bridge domestic gaps.

20.12 / 09:42

IPO Art Manufacturing Experts country pop DOMS would like to maintain EBITDA margins at 15-16% across categories: CFO

Rahul Shah, CFO, DOMS, says “across our product categories, the EBITDA margins are constant, close to 15-16% and that is where we like to be. We will want to continue this margin profile and focus more on increasing our revenues because the factors I mentioned and given the market potential, I think the need would be to enhance the revenue while at the same time maintaining this margin profile.” I guess strong growth record and high margin profile has been leading to your subscription numbers as well and the listing pop. Will the company continue to grow at this pace and will margins continue to remain higher? Firstly, we would like to welcome the new shareholders to the DOMS family.

20.12 / 09:39

Citi Manufacturing track country reports Euler Motors net loss jumps five-fold to Rs 175.44 crore in FY23

Euler Motors, which manufactures and sells electric three-wheeler commercial vehicles, saw its net loss widen almost five-fold in FY23 to Rs 175.44 crore, from Rs 36.33 crore in FY22. During the year, the company spent nearly Rs 4 to earn a rupee in operating revenue. The Delhi-based company reported a 250% on-year jump in revenue from operations to Rs 61.53 crore, according to its financial statements filed with the Registrar of Companies.

20.12 / 09:32

Reuters Citizens show country reports travelers recommendations Mint Explainer: The Red Sea's importance and its economic impact

hijacked in the Middle Eastern sea with 25 people on board by Houthi rebels. This disruption is significant as approximately 12 percent of global shipping traffic navigates through the Red Sea and the Suez Canal.

20.12 / 09:28

Provident Digital Ripple XRP SEC country Ripple Obtains Virtual Asset Service Provider (VASP) License from Central Bank of Ireland

Blockchain payments firm Ripple has successfully obtained a Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland (CBI).

20.12 / 08:50

Landmark Action show track country voice The crux of India's stance at climate negotiations, explained

As a developing nation that’s also the world’s third largest greenhouse gas (GHG) emitter, India’s position always sparks curiosity at the annual climate change summits. For starters, pitching itself as a voice for the “global south" is sometimes at odds with its current contributions to global warming. Vulnerable island states find this fact hard to ignore; so do developed nations that dislike being made global punching bags over the crisis.

20.12 / 08:49

Target Gap Discover President Experts country travelers Retailers are improving delivery speeds, meaning good news for late holiday shoppers

Haven’t ordered any of your holiday gifts yet

20.12 / 08:47

country German railway operator Deutsche Bahn launches effort to sell logistics unit Schenker

Germany’s main national railway operator Deutsche Bahn has launched an effort to sell logistics unit DB Schenker as the company seeks to concentrate on its core business at home

20.12 / 08:46

Progressive Fighting economy President show country reports end The UK and France reiterate that Russia's invasion of Ukraine must end in failure as US aid falters

Britain and France are reiterating their determination that Russia’s invasion of Ukraine must end in failure

20.12 / 08:46

Provident Manufacturing Volkswagen Tesla country reports White House backs industry effort to standardize Tesla's EV charging plugs

The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States, part of a broad effort to stimulate their sales to help combat climate change

20.12 / 08:45

ICE show country blues rock travelers evacuation What we know so far about the volcano eruption in Iceland

Scientists have been anticipating the eruption of a volcano in southwestern Iceland for several weeks and in November, authorities evacuated the fishing town of Grindavik as a precaution

20.12 / 08:45

Citi Bill country beautiful 2020 reports recommendations New York will set up a commission to consider reparations for slavery

New York state will create a commission tasked with considering reparations to address the persistent, harmful effects of slavery in the state under a bill signed into law by Gov. Kathy Hochul on Tuesday

20.12 / 08:42

Provident Fighting Mobile economy President country Department Support Zelenskyy says he's confident Ukraine will get more U.S. support for its war with Russia

Ukrainian President Volodymyr Zelenskyy says he's certain the United States will make good on its promise of further billions of dollars for Kyiv to continue its fight against Russia

20.12 / 08:41

Provident President show country Inside reports Takeaways from lawsuits accusing meat giant JBS, others of contributing to Amazon deforestation

Authorities in a western Brazil state are taking aim at deforestation of the Amazon with a slew of lawsuits against slaughterhouses and farmers accused of illegally raising cattle in a protected area

20.12 / 08:40

Target economy pandemic President country 2020 reports How the markets and the economy surprised investors and economists in 2023, by the numbers

Stocks in the U.S., Japan and Germany have risen 20% or more

20.12 / 08:36

CEO Action Fighting Parke Tesla country cover Tesla's Swedish labor dispute pits anti-union Musk against Scandinavian worker ideals

Tesla has found itself locked in an increasingly bitter dispute with union workers in Sweden and neighboring countries

20.12 / 08:32

Fighting Southern Coherent Actor country evacuation What is Hizbullah?

ground invasion. At the same time it is evacuating villages near its border with Lebanon for fear that a second front could open in the north. Hizbullah, an Iran-backed Shia militant group based in Lebanon, has exchanged fire with Israel.

20.12 / 08:31

Citi FIVE economy Metro Highways country travelers Union Transport Minister aims for India's road infrastructure to match US in next 5 years

India aims to elevate its road infrastructure to match that of the US within the next five years, said Minister of Road Transport and Highways, Nitin Gadkari. As part of a comprehensive strategy, the government seeks to alleviate metro congestion, significantly reduce travel time, and minimise road accidents, he said. In the preceding nine years, his ministry has allocated projects exceeding Rs 50 lakh crore and has streamlined the contract approval process by refining existing policies.

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