Country Financial News

10.12 / 01:09
IPO President Experts country reports testing week inflation data Week Ahead: Inflation data, US Fed policy, FII mood among key market triggers as Nifty 50 tests 21,500 this week
RBI). Frontline indices gained for sixth straight week as the NSE Nifty 50 and S&P BSE Sensex indexes rose about 3.5 per cent to log their best week since July 2022. Nifty 50 tested a new milestone at its lifetime high and Sensex also reached closer to the 70,000 level.
10.12 / 01:01
CEO Deloitte President Experts show performer country IT companies take pole position on CEO pay front in India
Their salaries ranged from Rs 29 crore to Rs 82 crore, an ET analysis of data from BSE 500 companies showed.
09.12 / 19:15
Aware Healthcare show country reports Department PM Rishi Sunak's officials in Delhi to discuss India-UK FTA: Report
Rishi Sunak's team are in New Delhi this week to add momentum behind the ongoing round of negotiations for an India-UK free trade agreement (FTA), according to a UK media report on Saturday. 'The Guardian' newspaper reports that while there is no official comment from either side on such a visit, Prime Minister Narendra Modi-led government is keen to finalise the FTA by the end of February before Modi sets off on an expected general election campaign trail. Both countries are heading into an election year in 2024 and signing off on a trade agreement with India will bolster Sunak's electoral pitch to voters showing signs of anti-incumbency towards his governing Conservatives.
09.12 / 19:15
Manufacturing economy Align country gatherings Electrification drive in India's transportation sector one of the most significant opportunities: John Kerry
electrification drive in India's transport sector one of the most significant opportunities, US Special Envoy on Climate Change John Kerry on Saturday said the quicker India pursues this initiative, the more it mitigates greenhouse gas emissions, leading to a reduction in pollution and enhancement of the country's overall security. Kerry said embracing rapid electrification not only aligns with environmental goals but also contributes to a cleaner, more sustainable, and secure future for the country.
09.12 / 19:15
Cooper economy President country blues information China moots to launch climate information and early warning system in its 2nd Indian Ocean Forum
Indian Ocean region, the backyard of India, had held the second meeting of CIORF, under the aegis of the China International Development Cooperation Agency (CIDCA), an organisation that is part of the ruling Communist Party of China (CPC) Leadership Group on December 7 and 8 at Kunming in southern China. CIDCA is headed by Luo Zhaohui, former Vice Foreign Minister and Ambassador to India.
09.12 / 19:15
FIVE Cooper Aware economy show country India responded to challenge at northern border very resolutely: Jaishankar
India has had an «exceptionally difficult» challenge along the northern borders in the last three years and the country responded to it very resolutely and has been maintaining the kind of military deployment necessary for national security, External Affairs Minister S Jaishankar said on Saturday on the lingering row in eastern Ladakh with China. He said this in an address at the FICCI, while explaining how the Modi government makes choices after choices with confidence however difficult and tough they may be. «It could even be what happens at our border.
09.12 / 19:01
Reuters pandemic show country cover reports travelers International Canada sees 'reverse immigration'; cost-of-living requirement for international students doubled | Details here
Canada's overall population touched a high of 0.2 per cent in the mid-1990s, and currently stands at about 0.09 per cent, according to official government data. The rate of immigrants leaving Canada hit a two-decade high in 2019, according to a recent report from the Institute for Canadian Citizenship (ICC), an immigration advocacy group. While the numbers went down during pandemic lockdowns, Statistics Canada data shows it is once again rising.
09.12 / 17:57
Provident Target Progressive Gap country cover No COP28 consensus yet on climate change goals
DUBAI: Lack of progress on designing a framework for a global goal on adaptation, or measures taken by countries to live with and become more resilient to adverse impacts of climate change, could derail a successful conclusion to the COP28 climate talks. While emission reduction or mitigation has clear goals-the temperature target of well below 2C and pursuing efforts to limit the temperature increase to 1.5C, there are no comparable targets for adapting to impacts of climate change. The 2015 Paris Agreement addresses this gap through the decision to put in place a global goal that mirrors that for mitigation. Over 8 workshops and two years countries have been working to develop this framework, which countries are expected to agree to in Dubai.
09.12 / 17:57
country information gatherings NC, PDP say partymen told to stay home on Article 370 verdict day
Regional political parties in Kashmir have alleged that their workers are being told by the police and security agencies not to step out of home on Monday and their permissions for gatherings have been cancelled in view of the Supreme Court verdict on Article 370. Former Jammu and Kashmir chief minister Omar Abdullah on Saturday said the authorities have cancelled permission for his programme in Sangrama area on Monday and that his colleagues have been informed that they will not be allowed to move out of their homes on that day.
09.12 / 17:51
Citi Provident Progressive Metro Highways show country India has emerged as global growth engine: Rajnath Singh
Rajnath Singh said India has emerged as a global growth engine and is providing a new direction to the world. The minister emphasised that the growth story has showcased that there is no trade-off between economic growth and distributive justice. «Our growth model shows that equal opportunities to everyone and the accelerated growth rate can be achieved simultaneously,» the minister said at Ficci's 96th annual general meeting and annual convention in New Delhi. He added that the growth being achieved is sustainable and has not come at the cost of environmental degradation. «We have chosen the path of green growth.
09.12 / 17:51
Target Action country COP28: India silent on fossil fuels phase-down despite green push
Sharm El-Sheikh, India has been silent on the question on phasing out or down of fossil fuels at COP28. Despite its aggressive renewable energy targets and its role in the adoption of the G20 commitment to triple renewable energy capacity, India has so far maintained a studied silence on the issue of fossil fuels at the ongoing UN Climate Conference in Dubai. At COP27 in Sharm El-Sheikh last year, India had proposed inclusion of clear language on phasing down all fossil fuels, not just coal, as agreed at the Glasgow meet. Though the proposal failed to make the final cut, it gained the support of at least 80 countries and the European Union. This tentative alliance between India, the EU, and small island states was viewed by some observers as a new approach that was ambitious while being rooted in equity. The proposal had not found support from India's traditional negotiating partners such as China and Saudi Arabia. Now, at Friday's plenary marking the start of the second week of negotiations in Dubai, India did not address the issue in its intervention. Instead, it extended support for the position taken by the 43-member Like-minded Developing Countries (LMDC) group that includes China, Saudi Arabia, Bolivia, and Egypt, among others.
09.12 / 17:51
Target FIVE Platform Strategy country testing 2024 strategies BJP Ready for 2024: Strategies, platforms tested in states
2024 Lok Sabha elections and for the party, the assembly polls that just ended were a trial run that went as per its plans. The party is scaling up the strategy it employed successfully in the three states — Madhya Pradesh, Rajasthan and Chhattisgarh — where tough contests were predicted but the verdicts were one-sided in favour of the BJP. It has already started working on mass-scale worker and voter mobilisation across the country, to be completed before the campaign formally starts for the Lok Sabha polls, according to party insiders.
09.12 / 17:07
Cooper Citizens country cover open Mumbai Mumbai coastal road to be operational soon! CM Eknath Shinde says 'Marine Drive-Worli stretch will open from...'
Marine Drive to Worli, will be operational by the end of January 2024, said Maharashtra Chief Minister Eknath Shinde on Saturday. Speaking at an event here, Shinde called Maharashtra a growth engine which has the most number of infrastructure projects in the country.
09.12 / 16:31
Provident CIBC country information reports Department prevention What is FINTRAC and why is it fining some of Canada's biggest banks?
FINTRAC is Canada’s primary financial intelligence unit, reporting to the minister of finance. It is also the country’ anti-money laundering and anti-terrorist financing supervisor. Based in Ottawa, with three regional offices across the country, its mandate is to ensure the compliance of businesses subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Actand associated regulations. FINTRAC also collects financial intelligence for police, law enforcement and national security agencies to assist in the investigation of money laundering and terrorist activity financing offences or threats to the security of Canada. It can impose administrative financial penalties, as it did with the two banks, or make a non-compliance disclosure to law enforcement. “Proceeding in one manner prevents proceeding in the other,” according to FINTRAC’s website.
09.12 / 15:11
Citi Provident Target economy Infinity country innovations Govt working to ensure export sector becomes self-sustaining: Piyush Goyal
Gandhinagar: India is aiming to achieve the $2 trillion export target by 2030 and in the process it is moving this industry out of the government support to make it self-sustaining and cost competitive, Union minister Piyush Goyal said on Saturday. Addressing Infinity Forum 2.0 virtually at Gujarat Finance Tec-City (GIFT City), he said the International Financial Services Centre (IFSC) at GIFT City has become a lynchpin in propelling India's export-led growth.
09.12 / 15:11
Citi economy Infinity Experts country dance India's GDP growth is reflection of transformative reforms of last 10 years: PM Modi
Narendra Modi on Saturday said India's GDP growth of 7.7 per cent in the first six months of the current fiscal year is a reflection of the country's strengthening economy and the transformative reforms carried out in the last 10 years. Addressing the 'Infinity Forum 2.0' conference at the GIFT City here via video link, Modi said his government wants to turn the Gujarat International Finance Tec (GIFT) City into a global nerve centre of the new age of global financial and technology services. «In the first six months of this financial year, India has achieved a GDP growth of 7.7 per cent...Today, the entire world has pinned its hopes on India, and this did not happen just on its own.
09.12 / 14:39
Reuters Exodus President country gatherings Azerbaijan wins regional backing to host COP29 climate summit
during the COP28 summit in Dubai, unblocking a geopolitical deadlock over the next global gathering to address climate change. Two sources familiar with the discussions told Reuters countries in the regional group formally backed Azerbaijan's bid in a meeting on Saturday afternoon. ALSO READ: COP28: OPEC's 'leaked letter' leaves France, Spain 'stunned' and 'disgusted' | Here's why "We're very grateful to all countries in particular to the Eastern European group and the [COP28 summit] host United Arab Emirates for their support," the country's ecology minister Mukhtar Babayev told the COP28 summit.
09.12 / 14:21
Target Digital Manufacturing stage country electronic innovations PLI schemes have started to yield desired outcomes
desired outcomes such as localisation of medical technologies, bulk drugs, electronics, and specialty steel among others, top government officials said Saturday. Addressing a session during 96th Annual Convention of the Federation of Indian Chambers of Commerce & Industry (FICCI), IT secretary, S Krishnan also said that the Digital Personal Data Protection (DPDP) rules will be ready in a few weeks. “The DPDP Act balances the need for regulation, and personal data being secure against the need for innovation.
09.12 / 13:29
Target Fighting economy Occidental President country stake Future of Fossil Fuels at Stake in Homestretch of Climate Talks
DUBAI—Fossil-fuel producers are fighting an existential battle here in the final stretch of the United Nations climate conference against countries that want to end the burning of coal, oil and natural gas. Europe and a handful of nations on the front lines of climate change are demanding that a final agreement at the conference, known as COP28, include a phase out of fossil fuels.
09.12 / 13:29
BLOCK Fighting President country Inside prevention dutch UK PM Rishi Sunak, Dutch premiere gets locked out of 10 Downing Street home | Watch Video
UK PM Rishi Sunak welcome Mark Rutte, the outgoing leader of the Netherlands to Downing Street. They shook hands and were talking when PM Rishi Sunak was seen slightly pushing the entrance door to 10, Downing Street. Rishi Sunak and Mark Rutte after the failed attempt to enter the building seemed visibly confused.
09.12 / 13:29
Aviat awards Uncharted President country hospital reports Aviation regulator wants more women officers in sector
NEW DELHI : India’s civil aviation regulator is formulating a framework to encourage more women to join the aviation sector. Although the domestic sector boasts among the highest number of women pilots globally, the gender disparity is still alarmingly stark. Director General of Civil Aviation Vikram Dev Dutt is working on a plan to address gender disparities and foster inclusivity in the aviation sector, as well as challenges faced by women staffers.

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