Country Financial News

19.12 / 00:59
Waters show country social reports prevention China Earthquake: Over 100 killed, 200 injured after 6.2 magnitude quake hit Gansu-Qinghai border region
magnitude earthquake that occurred just before midnight on Monday in a mountainous region in northwestern China, the country's state media reported today. The official Xinhua News Agency, as quoted by The Associated Press, said that 100 people died in the province of Gansu and another 11 in the neighboring province of Qinghai in the quake. More than 200 people were injured in Gansu and Qinghai provinces, said Xinhua, adding that the quake struck in Gansu's Jishishan county, about 5 kilometers (3 miles) from the provincial boundary with Qinghai.
18.12 / 22:15
FIVE Digital Booking awards country stars reports ET Awards for Corporate Excellence: Yonohoo! Being bold & digital's a profitable app
State Bank of India, the country's largest lender with nearly a fifth of the market share, has been a pivoting star, with its fortunes turning around in the past few years and rewarding investors who kept the faith. From a bleak position of reporting losses, the state-run bank made giant strides to report a net profit of ₹50,232 crore for FY23 under chairman Dinesh Kumar Khara.
18.12 / 21:47
Provident Deloitte Bill country voice elon India to allot satellite internet airwaves without auction in win for Elon Musk
Reliance Jio, country's biggest telecom operator, however had disagreed and told government that an auction is the right approach, similar to 5G spectrum distribution in India. Foreign satellite service providers could offer voice and data services and compete with traditional telecom players, and so there must be an auction to achieve a level playing field, Reliance had argued.
18.12 / 21:45
Provident FIVE Aware Manufacturing country reports 14th round of India-UK FTA dialogues to start in January
NEW DELHI : The fourteenth round of free trade agreement (FTA) negotiations between India and the UK will start in January 2024, the ministry of commerce and industry said in an official statement on Monday. According to the government, India-UK free trade agreement talks completed 13 rounds of negotiations that took place from 18 September to 15 December. Negotiators of both the parties – India and UK – discussed complex issues, including goods, services, and investment, in person as well as virtually.
18.12 / 21:44
Digital Google NVIDIA Experts country electronic information Indian AI: What is it, and can we make one?
NEW DELHI : Bhavish Aggarwal, cofounder of Ola Cabs, has announced a startup that he said is building “India’s own" foundational artificial intelligence (AI) model. The government, too, has been speaking about an India AI Programme. What exactly is ‘Indian’ AI? Mint decodes: What is colloquially referred to as ‘Indian’ AI is currently aspirational, referring to datasets that foundational AI models are trained on.
18.12 / 21:44
Waves CEO Viatris country patient Biocon Biologics integrates Vitaris’ biosimilars business
NEW DELHI : Biocon Biologics Ltd (BBL), a subsidiary of Biocon Ltd, on Monday announced a complete integration of the acquired Vitaris’ biosimilars business in 120 countries, a year ahead of schedule. The firm had acquired the American pharmaceutical company’s biosimilars business in November 2022.
18.12 / 21:42
Provident Strategy Experts track country 2020 recommendations Why diversification is still the best game for India’s retail investors
US Federal Reserve said that it expects the federal funds rate to be at 4.6% by end 2024 and lower thereafter, down from the earlier forecast of 5.1%. The federal funds rate is the rate at which banks in the US lend money to each other on an overnight basis. The rate currently stands at 5.25-5.5%.
18.12 / 20:54
IPO FIVE CEO economy country IPOs 2024 open Bradesco CEO sees open window for Brazil IPOs in 2024
SAO PAULO (Reuters) — The new CEO of Brazilian lender Bradesco, Marcelo Noronha, sees an open window for public offerings in the country next year, he said on Monday, mentioning falling interest rates in the United States and stronger growth in Brazil.
18.12 / 20:51
country reports Oil prices settle higher as Red Sea attacks trigger supply disruptions jitters
Investing.com — Oil prices settled higher Monday as concerns about a supply surplus were eased after Russia said it would make deeper crude export cuts, and attacks by the Houthis on ships in the Red Sea stoked worries about supply disruptions.
18.12 / 19:24
Ripple CEO Action coinbase country innovations donates 2024 Pro-Crypto Super PAC Fairshake Raises $78 Million Ahead of 2024 US Elections
Fairshake has raised $78 million to support “pro-crypto” candidates in the forthcoming 2024 US elections.
18.12 / 19:13
Death Coronavirus SARS-CoV-2 country testing recommendations Insacog meets on friday as Covid cases rise
India is monitoring the emergence of a new variant of Covid-19 with the Indian SARS-CoV-2 Genomics Consortium (Insacog), the network of laboratories set up to monitor genomic variations of the coronavirus, set to meet on Friday to review the situation. So far, Insacog has not found anything «unusual», a member of the network said, adding «there is nothing to panic». A case of JN.1 subvariant of Covid-19 was detected in Kerala, the Union health ministry said on Saturday. The case was detected in an RT-PCR positive test sample from Karakulam in Thiruvananthapuram on December 8, it said.
18.12 / 19:13
Extreme country Oil's well that stays well below prices
oil prices are on a declining trend. This, despite production cuts announced earlier this year by Opec and Russia, because US output is likely to reach record highs. Last week, IEA released its projection that suggests that world oil consumption will increase by 1.1 million bpd in 2024, up by 130,000 bpd from its earlier estimate.
18.12 / 19:10
Virus country reports testing infection guidelines Centre Centre asks states to stay vigilant, step up testing
health ministry on Monday issued an advisory to states in view of a recent upsurge in Covid-19 cases and detection of the first case of the JN.1 subvariant in the country. States have been asked to maintain constant vigil over the situation and report and monitor district-wise cases of severe acute respiratory infections and influenza-like illnesses. «No new variant of the virus had been picked up, there are a number of actions that need state government's focus,» health secretary Sudhansh Pant said on Monday.
18.12 / 17:45
Death Coronavirus Virus country reports strain Covid deaths surge in Europe. Here is how JN.1 strain sweeps world
Coronavirus has not been defeated completely and Covid-19 has not disappeared forever contrary to public belief. The deadly virus that caused the pandemic three years ago is back in a somewhat changed form. It is evident by the fact that the sub-variant of the Pirola strain has spread, with a rise in deaths reported in some countries including a European total of 874 deaths in the seven days up to December 4.
18.12 / 17:44
Reuters Fighting country outbreak medicines UN Security Council moving toward vote to demand aid access for Gaza
Security Council could vote as early as Monday on a proposal to demand that Israel and Hamas allow aid access to the Gaza Strip — via land, sea and air routes — and set up U.N. monitoring of the humanitarian assistance delivered. Diplomats said the fate of the draft Security Council resolution hinges on final negotiations between Israel ally and council veto power, the United States, and the United Arab Emirates, which has drafted the text.
18.12 / 17:44
Reuters Waters Actor European Commission country reports prevention EU adopts 12th package of sanctions against Russia
Russia, the European Commission said in a statement on Monday, after Austria gave its final approval over the weekend. The package focuses on a Russian-origin diamond import ban as well as imposing additional import and export bans on Russia, combating sanctions circumvention and closing loopholes, it said.
18.12 / 17:43
Citizens President country innovations 2020 Department Govt reconstitutes National Startup Advisory Council
government on Monday nominated 31 non-official members including Abhiraj Singh Bhal from Urban Company and Kunal Bahl from Snapdeal in the reconstituted National Startup Advisory Council (NSAC). The Department for Promotion of Industry and Internal Trade (DPIIT) had constituted the council in January 2020 to advise the government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country.
18.12 / 16:58
Fighting President country reports Department donates 2024 'Donate ₹138, 1,380 or 1,38,000': Congress out to crowdfund as 2024 polls near; don't donate for dynasty, says BJP
Congress president Mallikarjun Kharge launched the party's crowdfunding campaign 'Donate for Desh' in the national capital and asked people to join the fight against unemployment and rising costs. As part of the donation, Kharge donated a sum of ₹1,38,000 from his salary to launch the campaign in the presence of party leaders and general secretaries K C Venugopal and Jairam Ramesh and treasurer Ajay Maken. "It is a very happy day that our party leaders have prepared an App.
18.12 / 16:56
Booking awards Tapestry Celebrity country hospital innovations Joint Winners of the Gaja Capital Business Book Prize 2023 announced
Gaja Capital Business Book Prize 2023 jointly awarded to ‘Against All Odds: The IT Story of India’ and ‘Winning Middle India: The Story of India’s New-Age Entrepreneurs’ by esteemed authors Kris Gopalakrishnan, N. Dayasindhu, Krishnan Narayanan, and T.N. Hari, and Bala Srinivasa. Against All Odds: The IT Story of India, a chronicle of the trials, triumphs, and history of the Indian IT sector over the last six decades, and Winning Middle India: The Story of India’s New-Age Entrepreneurs, a detailed account of the new generation of startup founders who are catalysts for innovative products and services in India, have been announced as the joint winners of the Gaja Capital Business Book Prize 2023.

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