Country Financial News

14.12 / 17:39

Citi Digital Gap Mobile country reports recommendations About 95 pc of country's population uninsured: Report

National Insurance Academy said in a report, which was released on Thursday. Unveiling the report, Irdai Chairman Debasish Panda urged the industry to emulate steps that led to the massive success of the UPI, opening of bank accounts, as well as mobile penetration. Panda said a compulsory natural calamity insurance in high-risk regions — as recommended in the report — is needed if the country wants to achieve insurance for all by the time the nation completes a hundred years as a republic.

14.12 / 17:17

Waves Manufacturing Nov track country reports IEA says oil demand is slowing sharply

Global oil demand growth is slowing down sharply as economic activity weakens in key countries, the International Energy Agency said as it slashed estimates for this quarter.

14.12 / 17:10

economy film Experts country audience musician hospital Indian weddings abroad could help project our soft power globally

Narendra Modi recently expressed concern about a rising trend of affluent families hosting weddings abroad. He encouraged them to consider holding their ceremonies in India during the upcoming wedding season, emphasizing the positive impact on the local economy. He also urged people to prioritise the purchase of Indian-made goods during this period.

14.12 / 17:10

Provident Aware WhatsApp country cover information reports Fraud alert: Govt warns of work abroad scams, shares tips to identify fake job offers

overseas job seekers being cheated by unregistered recruitment agents by fake job offers and also overcharging to the tune of ₹2-5 lakh". The ministry mentioned that "many illegal agents operate through Facebook, Whatsapp, text message and other such mediums". It said, "These agencies provide little or no details of their whereabouts and contacts." "They usually communicate only through Whatsapp, making it difficult to ascertain the location and identity of the caller and genuineness of the job offer.

14.12 / 17:09

Waves Extreme economy Enterprise country cover The CoP-28 deal left a major question out: Who will pay and for what?

Like over-caffeinated college students, Sultan Al Jaber, John Kerry and other CoP-28 delegates pulled an all-nighter to turn what could have been an ‘F’ grade on a global climate deal into a respectable ‘C.’ Still, in their scramble to produce a historic pact, they left a glaring omission that could doom the whole enterprise in the longer run. They ignored the money constraint. Give credit where it’s due: The end product of this year’s UN climate conclave, an agreement that the world needs to stop using fossil fuels, was the first of its kind and a drastic improvement over most CoPs, which are usually failures.

14.12 / 17:09

Provident Action Strategy Align Celebrity country consequences CoP-28's outcome should be celebrated for its big ‘no excuses’ call to action

The Conference of the Parties to the UN Framework Convention on Climate Change finished its 28th session (CoP-28) later than scheduled, but creating a strong hope that the world would have a better chance of mitigating the climate impact of human-induced emissions of greenhouse gases. There were many announcements made in the two weeks of the Conference.

14.12 / 17:08

Target Fighting economy Boeing country reports Bank of England leaves policy unchanged, says rates to stay high for 'extended period'

LONDON — The Bank of England on Thursday kept its main interest rate unchanged at 5.25% and said monetary policy is «likely to need to be restrictive for an extended period of time.»

14.12 / 17:08

Reuters economy Boeing PwC show country 2024 Bank of England set to hold interest rates as economists debate 2024 cuts

LONDON — The Bank of England is all but certain to keep its main interest rate unchanged at 5.25% for a third consecutive meeting on Thursday, but economists are split over when to expect the first cut next year.

14.12 / 16:05

Highways country Capex on National Highways increased from Rs 51,000 cr in FY14 to Rs 2,40,000 cr in FY23, Parliament told

Lok Sabha, Union Road Transport and Highways minister Nitin Gadkari said budgetary allocation of the road ministry has increased from about Rs 31,130 crore in 2013-14 to Rs 2,70,435 crore in 2023-24. Such increased budgetary allocation led to expansion of the National Highway (NH) network in the country from about 91,287 km in March 2014 to about 1,46,145 km at present, Gadkari added.

14.12 / 15:27

Reuters Fox pandemic President country reports ECB leaves rates unchanged, starts pulling plug on bond buys

FOX Business correspondent Edward Lawrence with the latest fed decision on 'Making Money.'

14.12 / 15:16

Citi Target Digital Extreme country cover reports Climate change: Why Indians should look at home insurance more seriously

A home is in all likelihood the most expensive asset purchase people make during their lifetime. However, when it comes to adequately protecting this asset, we tend to be targets of optimism bias. It is no surprise that home insurance penetration is just about 1% in India. This is in stark contrast to countries like US, UK, France, Australia and China that have home insurance penetration in the range of 90-97%.

14.12 / 15:14

Provident Extreme CEO show country cover innovations How to enhance coverage affordability via insurance premium financing? MintGenie explains

The penetration in India is extremely low compared to other developed countries. IRDAI data showed that India’s insurance penetration was 4.2% of the GDP in 2021-22. While the data has been positive in the last few years, there is still a long way to go.

14.12 / 15:14

Reuters Browser President country recommendations prevention 2024 Oil investors to usher in 2024 amid oversupply, demand concerns

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14.12 / 15:08

FIVE Extreme economy Flushing pandemic country reports Posthaste: Get ready for the 'great adjustment' in Canada's housing market

Home prices should climb back to pandemic peaks by this time next year, says a new report that surveyed real estate brokers across the country.

14.12 / 15:08

FIVE Digital Career CEO Caterpillar Strategy country Scotiabank CEO shifts focus to North America, vows 'significant' change in mindset

The Bank of Nova Scotia will reallocate capital from developing markets to developed ones, prioritizing Canada, the United States and Mexico in that order, as it seeks to bolster profitability and shareholder returns, chief executive Scott Thomson said Dec. 13 as he unveiled a much-anticipated strategic update.

14.12 / 14:59

Target Digital Platform Strategy Actor country Cyber North Korea's Cyber Onslaught on Cryptocurrency: A $3 Billion Digital Heist

In recent years, North Korea has notably intensified its cyber operations, particularly targeting the cryptocurrency industry. This strategic shift emerged around 2017 when the country's cybercriminal activities, previously focused on traditional financial institutions, pivoted towards the burgeoning field of digital currencies. The impetus for this change was likely due to the increased scrutiny and enhanced cybersecurity measures adopted by banks and financial institutions following a series of high-profile heists, including the infamous Bangladesh Bank robbery, according to Recorded Future .

14.12 / 14:58

Digital Mobile Coindesk Bitcoin country reports Turkish Banking Titans Move into Crypto Space, Anticipating Upcoming Legislation

As Turkey prepares for new legislation in the crypto sector, major banking institutions in the country are making moves to secure their positions in the digital asset space.

14.12 / 14:57

Provident ETF SEC BlackRock Bitcoin country Gensler Dodges Crypto Questions After Treasury Market Meeting

Securities and Exchange Commission (SEC) Chair Gary Gensler appeared reluctant to discuss cryptocurrency during a meeting focused on the U.S. Treasury market, evading a reporter’s question regarding the status of spot bitcoin ETF applications.

14.12 / 14:29

Airlines Tesla Pfizer vaccine show country Stock Market Today: Dow closes above 37K for first time ever as Fed turns dovish

Investing.com — The Dow closed at record high Wednesday after the Federal Reserve's decision to keep rates unchanged, but forecast deeper rate cuts for next year, pushed growth stocks including tech sharply as Treasury yields slumped.

14.12 / 14:28

ETF Manufacturing Platform Invesco Altria country reports 4 Dividend Stocks With 8%+ Yields to Supercharge Your Portfolio

This year has proven to be less than favorable for dividend investors. Here's why:

14.12 / 14:28

European Commission country Amazon won't have to pay hundreds of millions in back taxes after winning EU case

Amazon won’t have to pay about $273 million in back taxes after European Union judges ruled in favor of the U.S. e-commerce giant

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