Country Financial News

Priyanka Chaturvedi said Khalistani terrorists are increasingly seen emboldened on foreign soil and are threatening the country, and a firm message should go through Parliament that India will not tolerate such activities. «We need to take note of the threats by them and act accordingly.

HMA Agro Industries, in a meeting held today, has fixed December 29 (Friday) as the record date for its proposed stock split. On November 08, the company board approved the sub-division of equity shares in a 1:10 ratio. “The Board of Directors of the Company passed the Resolution at the Board Meeting held today, December 12, 2023, and fixed the ‘Record Date’ i.e., Friday, December 29, 2023, for the purpose of sub-division or split of each equity share having a face value of ₹10 to a face value of Re 1," the company said in today's exchange filing.

Rahul Gandhi on Tuesday hit back at Home Minister Amit Shah for his attack on India's first prime minister Jawaharlal Nehru, saying the BJP leader probably does not know history and "keeps rewriting" it. Congress MP Rahul Gandhi said, “Pandit Nehru gave his life for India, he was in jail for years. Amit Shah is unaware of history.

Metro Rail Corporation Ltd (BMRCL) to provide €500 million (around ₹4,500 crore) in financial assistance for the expansion of the Bengaluru Metro. The funding, which includes loan and grants, will help the metro’s expansion plans as well as provide technical expertise to the metro project. KfW, which is looking to expand its funding for green energy and sustainable mobility projects in India, is also financing metro projects in Mumbai and Nagpur among other cities.

Established in 2020,  Coinstore, the world’s leading cryptocurrency exchange, is celebrating its 3rd anniversary by launching a series trading competitions with over 30k USDT prize pool and a series community airdrops, listing carnival and CS Lives. Many enthusiasts are joining in to mark the day.

Apple and renowned for its Gorilla Glass technology, will invest ₹1,000 crore to set up a new manufacturing unit in Tamil Nadu, as per an Economic Times report citing sources. The company will collaborate with its Indian partner, Optiemus Infracom, for the new facility. While no specific timeline has been committed, sources said, adding that they estimate the construction phase to last approximately a year.

Vedanta (down 20 percent) and Adani Enterprises (down 26 percent). All others have been in the green. Meanwhile, 2 have given multibagger returns this year with Jindal Stainless surging 128 percent and Welspun Corp up 123 percent.

Cruise travelers wanting to smoke pot or chew gummies are running into a problem: cruise lines trying to eradicate all types of cannabis products on board. Cruise lines say they are simply following federal law, and that marijuana is illegal in many countries they sail to. They say that they also want to create a comfortable experience for nonusers.

Hyderabad with a rank of 153, Pune at 154 and Bengaluru in the 156th position are the three highest placed among Indian cities in Mercer's worldwide quality of living ranking for 2023 which rates Vienna in Austria at the top of the list. Chennai is the fourth Indian city in the list at the 161 spot followed by Mumbai at 164. Kolkata (170) and New Delhi (172). Mercer's Quality of Living data assesses the practicalities of daily life for expatriate employees and their families in assignment locations worldwide. Vienna retained its top position in the list, which was last published in pre-Covid 2019.

hiring sentiment for the next three months is one of the highest across the world, with 37 per cent of employers planning to increase their staff strength amid buoyant domestic demand conditions, says a survey. According to the latest ManpowerGroup Employment Outlook Survey of nearly 3,100 employers across sectors and regions, the Net Employment Outlook (NEO) in India is the highest amongst 41 countries. The outlook for January-March 2024, calculated by subtracting the percentage of employers who anticipate reductions to staffing levels from those who plan to hire, stood at 37 per cent, up 5 per cent from the corresponding period of 2023, and same when compared with the last quarter. «Domestic demand remains buoyant, and private investments continue to flow in making India a lucrative economy. With stability in the political arena, progressive India is not a dream but a reality,» Sandeep Gulati, Managing Director of ManpowerGroup India and Middle East, said. As per the survey, India and the Netherlands reported the strongest net employment outlooks at 37 per cent, followed by Costa Rica and the US at 35 per cent in second place, and Mexico at the third position with 34 per cent of the net employment outlook. The global average stood at 26 per cent.

Microsoft has made an announcement on a big investment in the artificial intelligence (AI) infrastructure of the United Kingdom. The company's objective is to dramatically enhance the capabilities of the nation's AI. The following are some of the important topics that are covered by this all-encompassing investment plan:

Taiwan’s Financial Supervisory Commission (FSC) has set up a Financial Technology Bureau to oversee cryptocurrencies to protect investors and increase regulation, according to a Taiwanese news report by United Daily News (UDN).

Generative artificial intelligence (Gen AI)-powered financial services are gaining traction among Indian consumers, with 91% being open to using a GenAI-powered financial application if one becomes available in the future, reveals a study by FIS. The study, titled ‘Trust in Generative AI’ notes that preference for new technology (60%) and the desire to save time (56%) are the primary motivators of consumers gravitating towards such applications.

internet boom and quit his high-paying job to launch Amazon. The internet was growing at the rate of 2,300% a year back then, so you can see what enticed Bezos to start what is now the world’s fifth-largest company. While we can’t all leave our jobs to follow a fast-growing trend, what we can do is invest in companies that drive such trends.

Pakistan's Khyber Pakhtunkhwa province. Some militants also opened fire and a shootout between them and security forces was still ongoing. The terrorists rammed an explosive-laden vehicle into the building of the police station, which was followed by a mortar attack.

Narayana Murthy now says he worked 85-90 hours: But is it really productive? Infosys did not respond to queries, it added. Expressing dissatisfaction with the modest response to return-to-office appeals, the email emphasised that the three-year work-from-home arrangement post-Covid was sufficient. It further clarified that except for medical reasons, employees are expected to resume regular office attendance.

fog warning, the IMD has predicted dense fog during morning hours in isolated pockets over Punjab on 12th and 13th December and over the North Eastern states of Assam, Meghalaya, Nagaland, Manipur, Mizoram and Tripura during 12th -14th December. Speaking of the winter season, the weather department had predicted warmer winters .

BAE Systems, a defence contractor, will receive the first federal grant from a new program aimed at shoring up American manufacturing of critical semiconductors. The company is expected to receive a $35 million grant to quadruple its domestic production of a type of chip used in F-15 and F-35 fighter jets, as well as satellites and other defense systems. The grant is intended to help ensure a more secure supply of a component that is critical for the United States and its allies.

Global trade will decline in 2023 by about 5% from last year’s record as high borrowing costs weigh on economies, US-China tensions redirect supply chains and more policies restricting cross-border commerce emerge, a UN agency said. The value of goods and services trade will reach $30.7 trillion compared with $32.2 trillion in 2022, according to the Geneva-based United Nations Conference on Trade and Development. A $2 trillion, or 8%, slump in merchandise trade is the main reason.

Afghanistan, as per the National Center for Seismology. Earlier in October, a powerful magnitude-6.3 earthquake followed by strong aftershocks killed hundreds of people in western Afghanistan, the country's national disaster authority said as reported by the Associated Press.

Rahul Gandhi's move of tearing an Ordinance copy in the Parliament in 2013, daughter Sharmishtha said at the launch of her book "Pranab My Father: A Daughter Remembers" on Monday. “I was the one to break the news (about tearing of the ordinance) to him. He (Pranab Mukherjee) was so angry," Sharmishtha Mukherjee said.