Country Financial News

11.12 / 12:23

economy Nikkei show performer country blues Asian stocks Asian stocks rise with Fed in focus, Chinese deflation woes weigh

Investing.com — Most Asian stocks rose on Monday, albeit marginally, as investors hunkered down before a string of key central bank meetings this week, while Chinese shares plummeted on continued signs of deflation in the country.

11.12 / 12:23

economy country Global trade to contract by 5% in 2023, UN body says

GENEVA (Reuters) — Global trade is set to contract by 5% in 2023 compared to last year, the United Nations trade body said on Monday, with an overall pessimistic forecast for 2024.

11.12 / 12:23

Target economy Nov show country blues 2020 Low China disinflation worsens in Nov as CPI hits 3-year low; Stocks tumble

Investing.com — China’s disinflationary trend worsened in November, data showed over the weekend, with consumer prices falling at their fastest pace in three years, while producer prices remained in contraction for a fourteenth consecutive month.

11.12 / 12:23

Provident FIVE economy show country Oil prices hold steady, propped up by US purchases

By Paul Carsten

11.12 / 12:23

economy Humana Cigna show country reports gatherings Fed meeting in focus, Cigna ends Humana pursuit - what's moving markets

Investing.com -- Markets gear up for an all-important Federal Reserve policy meeting this week, with comments from Fed Chair Jerome Powell likely to play a key role in expectations for possible future interest rate cuts by the U.S. central bank. Elsewhere, Cigna (NYSE:CI) reportedly ends talks to merge with rival Humana (NYSE:HUM), abandoning a deal that would have created a $140 billion insurance giant.

11.12 / 12:17

country 53 Chinese foreign firms have established business in India, govt tells Parliament

ALSO READ: Over 7,700 firms voluntarily closed business since setting up C-PACE, govt tells Parliament A foreign company incorporated outside India can establish a place of business in the country after complying with the requirements of RBI regulations and other sectoral requirements, wherever applicable. The firm is to seek registration with the Registrar of Companies (RoC) (Delhi & Haryana) under Section 380 of the Companies Act, 2013 within 30 days of the establishment of such an office.

11.12 / 12:17

Fighting Death country reports recommendations Mint Explainer: Why the US vetoed a UN ceasefire vote on Israel-Palestine war

A fresh attempt at the UN Security Council to secure a ceasefire in the ongoing Israel-Palestine war met with failure after the United States vetoed a resolution. America’s lone objection has attracted much comment and criticism, even as the conflict continues to claim lives. Mint looks into the implications of the US’ decision.

11.12 / 12:17

Art Man economy pandemic country classical 2023: The year Indian art came into its own

NEW DELHI : In 1937, Amrita Sher-Gil, an Indo-Hungarian artist, painted The Story Teller. The oil-on-canvas painting depicts an intimate rural scene, with village women huddled together in a courtyard, their faces relaxed and smiles easy. The cosy setting also features cows and a calf, a dog lazing under a charpai, a little boy, and a man in a doorway. That November, Sher-Gil sold the work to Badruddin Tyabji Jr., a diplomat bearing the same name as his grandfather, the third president of the Indian National Congress, at an exhibition in Faletti’s Hotel, Lahore.

11.12 / 12:17

country information LIC gets GST demand and orders worth ₹183 crore for Telangana

Life Insurance Corporation of India (LIC) on Monday received a GST order with interest and penalty of ₹183 crore for Telangana. The GST order demanded excess input tax credit claimed under the reverse charge mechanism and short payment under the reverse charge mechanism. Also Read: LIC reduces stake in HDFC Asset Management Company to 7% from 9.04% “Under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Corporation has received a communication/ demand order for collection of GST along with interest and penalty for Telangana state.

11.12 / 11:41

Provident Strategy economy vaccine pandemic country innovations India's bio-economy grew from USD 10 billion to USD 80 billion in 8 years: Mansukh Mandaviya

India's bio-economy has grown eight times in the last eight years from USD 10 billion to USD 80 billion, Union Health Minister Mansukh Mandaviya said on Monday, underlining that in the coming times, biotechnology will become the biggest foundation for medical treatment. The Indian biotech industry aims at growing to USD 150 billion by 2025 and USD 300 billion by 2030, he noted while virtually addressing an event «Biotechnology: The Path of Innovation and Wellness for Viksit Bharat» held at the at Vigyan Bhavan in Ahmedabad.

11.12 / 11:17

Citi Target President country copper Refined copper demand likely to grow 11 per cent in FY24: ICRA

copper demand is likely to grow 11 per cent in the current financial year on the back of the government's thrust on infrastructure development and a gradual transition to green energy, ICRA said on Monday. The rating agency further said it expects a stable outlook for the country's domestic sector.

11.12 / 11:17

Target Citizens country cover reports Department recommendations Dire need to enact law giving wider powers to CBI to probe cases without states' consent:Parliamentary Panel

Parliamentary panel on Monday said there was a dire need to enact a new law and give wider powers to the federal agency so that it can probe cases without a «state's consent and interference». At the same time, the panel said that some safeguards should also be laid down to ensure objectivity and impartiality in the functioning of CBI so that the states also don't feel discriminated against.

11.12 / 10:27

Manufacturing country Royal Enfield opens first warehouse in eastern region

Two-wheeler manufacturer Royal Enfield has opened its first warehouse in the eastern region to cater to the needs for spare parts, a spokesperson of the company said on Monday. With the establishment of the warehouse near Kolkata, the transit time for the supply of motorcycle parts will reduce significantly and also help develop channel partners.

11.12 / 10:27

Action country reports Department BJP raises in LS recovery of huge amount of cash from distillery company linked to Cong MP

BJP members in the Lok Sabha on Monday raked up the issue of recovery of a huge amount of cash from a distillery company linked to Congress' Jharkhand Rajya Sabha MP Dhiraj Prasad Sahu. Sanjay Seth, the BJP member from Ranchi, raised the issue during the Zero Hour, seeking a reply from the Congress.

11.12 / 10:23

Progressive Remark Death President country reports ‘Lambi hai gham ki shaam...’: How Omar Abdullah, Mehbooba Mufti reacted to Article 370 verdict

Narendra Modi government's decision to abrogate Article 370, which granted special status to Jammu and Kashmir. The apex court was hearing a batch of petitions challenging the India government's decision. While several political leaders, especially belonging to the Bhartiya Janata Party (BJP) hailed Supreme Court's decision, several political leaders from Kashmir expressed disappointment.

11.12 / 10:23

FIVE Coca-Cola country reports Coca Cola enters Indian alcoholic beverages market with ‘Lemon-Dou’

₹230. “Lemon-Dou is made from crushed whole lemons, infused in alcohol, mixed with bubbles – a refreshing, full-bodied chu-hi alcoholic lemon drink," according to the company's website.

11.12 / 10:23

country reports Why Rajput Karni Sena chief Sukhdev Singh Gogamedi was murdered by Lawrence Bishnoi gang?

shot him dead after talking with him for a few minutes. Nitin and Rohit also shot Naveen Shekhawat. Rohit Godara, linked to the Lawrence Bishnoi gang, took responsibility for the murder of Shri Rashtriya Rajput Karni Sena (SRRKS) chief Sukhdev Singh Gogamedi.

11.12 / 10:23

Art Celebrity country reports Article 370: 'We were under house arrest', claims PDP chief Mehbooba Mufti; baseless, says LG Manoj Sinha

ANI, "Today J&K was converted into a jail, and all the shopkeepers were directed that they will not open their shops before 10 am. We were under house arrest." Expressing her feelings on the SC verdict, she said, “...We should not be disheartened...

11.12 / 09:51

Cooper Waters country Armies of India, Vietnam begin 11-day military exercise in Hanoi

military exercise in Vietnam on Monday, in sync with the expanding strategic engagement between the two countries against the backdrop of common concerns over China's increasingly aggressive behaviour in the South China Sea. The aim of the exercise is to foster a collaborative partnership and promote interoperability between the two forces, the Indian Army said. «The joint exercise will help in promoting understanding and interoperability between the two contingents and further strengthen the defence cooperation between the friendly armies,» it said.

11.12 / 09:51

Fighting Death President Celebrity country Article 370: A death sentence, defeat of the idea of India - Mehbooba Mufti on verdict

Mehbooba Mufti on Monday said the Supreme Court's decision to uphold Article 370 abrogation is «nothing less than a death sentence», adding that it marked the defeat of the idea of India with which the Muslim-majority state had acceded in 1947. «Today an unconstitutional and illegal act that took place in the Parliament was declared legal. It is nothing less than a death sentence not only for Jammu and Kashmir but for the idea of India,» Mufti said in a five-minute video message she posted on X.

11.12 / 09:15

Provident Manufacturing economy WhatsApp Experts country consequences 2024 budget 2024 Budget 2024: What measures can give further impetus to the economy?

Vote on Account rather than a full Budget ahead of the General Elections in 2024, there is widespread optimism that the government will prioritise fiscal prudence while unveiling initiatives aimed at fostering economic growth. The full Budget for the next fiscal year, that is, FY25 will be presented in July after the formation of the new government post the General Elections. It is unlikely that the government will make big-bang announcements in the Budget on February 1.

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