Country Financial News
09.12 / 01:41
09.12 / 01:41
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cover
week
Worked 70+ hours a week for over 40 years,it wasn't a waste, says Infosys' Narayana Murthy
NR Narayana Murthy doesn't seem perturbed by the kerfuffle he sparked by suggesting recently that youngsters ought to work 70 hours a week to boost productivity and enhance India's competitiveness. He himself had put in the hours when setting up Infosys in 1981, said Murthy, 77.
09.12 / 00:55
country
Linking of Aadhaar card with Voter ID yet to begin, says govt
11.5 crore PAN cards deactivated due to Aadhaar non-linking. How to check whether your PAN is linked? The development also comes mere days after the government announced plans to create an unique identifier linked to Aadhaar card that would help ensure the rights of migrant workers.
08.12 / 22:49
08.12 / 20:13
Manufacturing
Death
country
reports
testing
medicines
ET Impact: DCGI asks pharma cos to adhere to production quality standards
DCGI) has issued an advisory stating that pharmaceutical companies are required to strictly abide by conditions stated in their manufacturing licences and prescribed Good Manufacturing Practices (GMP) to ensure that the products meet parameters of quality, safety and efficacy. The DCGI's move comes a few days after ET reported that industrial excipients are used in manufacturing medicines and over 50 companies manufacturing cough syrups have failed quality tests. The World Health Organization (WHO) said in October last year that the deaths of dozens of children in Gambia from acute kidney injuries might be linked to contaminated cough and cold syrups made by an Indian drug manufacturer. «In order to ensure quality, safety and efficacy of drug formulation, it is of paramount importance that such formulations are manufactured in compliance with the prescribed standards not only in respect of API (active pharmaceutical ingredient) but also various excipients used for manufacturing of the formulations.
08.12 / 20:13
Target
FIVE
Action
Gap
country
hospital
reports
Israel ramps up strikes; UNSC delays ceasefire vote
Gaza, giving Arab leaders more time to try to persuade the US to let it pass. Top diplomats from countries including Egypt, Qatar and Jordan were set to meet with Secretary of State Antony Blinken in Washington later Friday amid a push for the US to abstain from voting. Given the US's status as a veto-wielding permanent member of the council, a no vote would kill the resolution.
08.12 / 19:31
Manufacturing
Southern
pandemic
country
reports
‘Trade deals won’t hit quality alcohol firms in the long run’
Mint. According to a report by the Confederation of Indian Alcoholic Beverage Companies (CIABC), the FTAs, particularly with the UK, will impact premium whisky companies in India. It said annual scotch whisky volumes has grown 40% in India from the previous year to eight million cases during January-June 2023.
08.12 / 18:53
Manufacturing
Action
Remark
President
country
prevention
Often surprised by Modi's tough stance on national security: Putin
Vladimir Putin has pitched for more use of national currencies in bilateral trade and called for ensuring smoother financial transactions between the two countries. The remarks by the Russian President were made at an event, Russia Calling, in Moscow, on Thursday. It may be recalled that Rupee-Ruble trade since the Ukraine conflict has faced obstacles due to accumulation of Rupees by the Russian side in India.
08.12 / 18:53
Provident
Assurant
Nov
Healthcare
country
cover
hospital
6 crore hospital admissions costing Rs 77,298 cr authorised under AB PM-JAY till Nov 30: Govt to LS
hospital admissions entailing an expenditure of Rs 77,298 crore have been authorised under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana till November 30, Union Health Minister Mansukh Mandaviya told Lok Sabha on Friday. As of December 2, a total of 26,774 hospitals, including 11,733 private facilities, across the country have been empanelled to provide healthcare services to the scheme beneficiaries, he said, adding that 4.98 crore claims have been submitted between financial years 2020-21 and 2023-24 as of November 30. The AB PM-JAY is the largest publicly funded health assurance scheme in the world which aims to provide health cover of Rs 5 lakh per family yearly for secondary and tertiary care hospitalization to 12 crore families, the Union health minister said.
08.12 / 18:53
Platform
country
Development has replaced corruption, nepotism: Amit Shah
Amit Shah on Friday said a golden future awaits the country's youths as corruption, nepotism and casteism have been replaced by growth and development in the last 10 years. Speaking at the inauguration of the Akhil Bharatiya Vidyarthi Parishad's (ABVP) national convention, Shah recalled his ABVP days and said that he is also a product of ABVP. «I say without any hesitation on a public platform that I am an organic product of Vidyarthi Parishad,» he said.
08.12 / 18:07
President
country
reports
PM Modi tops list of most popular global leaders with 76% rating | Check who's least popular
Narendra Modi retained his position as the world's most popular leader with an approval rating of 76 per cent, as per the data released by US-based consultancy firm ‘Morning Consult’ on December 7. Mexico President Andrés Manuel López Obrador is ranked second on the list with an approval rating of 66 per cent. Alain Berset, the President of the Swiss Confederation, bagged the third spot with a 58 per cent approval rating.
08.12 / 17:51
Action
economy
country
cover
2020
reports
prevention
New creditors, differing interests and coordination issues are hobbling sovereign debt restructuring
debt of developing countries surged to 29% of GDP in 2021 from 19% in 2010. As the debt level rose, the profile of external public debt also changed. Paris falling The share of multilateral institutions and the Paris Club, which was 83% of the total external debt of 73 countries — the debt servicing of which was suspended in 2020 under the G20 Debt Service Suspension Initiative (DSSI) in 2006 — fell precipitously to 58% in 2020. China rising The share of other official and private creditors — the non-Paris Club members, including China, India and Saudi Arabia — rose sharply to 42% in 2020 from 17% in 2006.
08.12 / 16:19
Provident
show
country
reports
Oil prices jump after U.S. jobs report
Investing.com — Oil prices rose from a near six-month low in early trade on Wall Street on Friday, as investors gauged how stronger than expected U.S. jobs figures could factor into demand in the world's largest crude consumer.
08.12 / 16:19
Target
Nov
President
show
country
Russian inflation accelerates in November, rate hike beckons
MOSCOW (Reuters) — Inflation in Russia accelerated in November, data from state statistics service Rosstat showed on Friday, cementing expectations that the central bank will hike interest rates as it meets for the final time this year on Dec. 15.
08.12 / 16:17
economy
Align
President
country
information
shock
Jack Mintz: Justin Trudeau’s existential problems with oil and gas
Talk at the latest climate-change shindig in Dubai has centred around the future of the oil industry and whether countries should pledge to phase out oil and gas production entirely or simply transform the industry in decades to come. Canada always talks a deep-green game at these affairs but are we really ready to nail shut the oil and gas coffin?
08.12 / 14:49
Remark
Instagram
country
‘Manmohan Singh was there…’: Gautam Gambhir on Rahul Gandhi's ‘Panauti’ remark at PM Modi post ICC World Cup 2023 final
ICC World Cup 2023 was held at the Narendra Modi stadium in Ahmedabad. The finals against Australia, saw Prime Minister Narendra Modi in attendance. PM Modi had also visited the locker room and met ace cricketers Virat Kohli, and Rohit Sharma after the match.
08.12 / 14:33
FIVE
country
'Wed in India': PM Modi's call to the rich to hold destination weddings in country
Wed in India' on the lines of 'Made in India' and asked affluent industrialists to hold at least one destination wedding in their families each year in Uttarakhand saying it will help the hill state emerge as a wedding destination. Addressing the inaugural session of the Uttarakhand Global Investors Summit at the FRI here, he said it has become fashionable among millionaire and billionaire business families to go abroad for destination weddings.
08.12 / 14:33
FIVE
Bill
President
country
voice
Here's everything you need to know about UK's new laws and pact with Rwanda
UK Supreme Court's concerns about the legality of sending asylum seekers to Rwanda, the government has announced significant steps, including a new bill and a migration treaty with the east African country. Home Secretary James Cleverly revealed the proposed legislation, aimed at addressing legal issues highlighted by the Court regarding asylum seekers sent to Rwanda. The bill, subject to Parliament's approval, asserts Rwanda as a safe haven for asylum seekers, signaling a stark shift in the UK's asylum policies.
08.12 / 14:33
Digital
Platform
Enterprise
TikTok
country
social
Indonesia's GoTo in talks with TikTok over potential ecommerce partnership
Indonesia's biggest tech firm GoTo Gojek Tokopedia said on Friday it was in talks with short video app TikTok over a potential e-commerce partnership in the Southeast Asian country. No final deal has been reached, GoTo added in a statement. The company also said the discussions did not include a takeover plan or any sale of more than 50% of its shares to any party.
08.12 / 14:33
Target
Cooper
stage
country
Govt sees no impact on ethanol blending prog due to ban on using cane juice for making green fuel
ethanol blending target by 2025-26 and said the ban on the use of sugarcane juice and sugar syrup has been imposed as a «temporary» step due to lack of clarity on cane output for the current season. However, the government has a plan in place to promote ethanol production through various feedstock such as B and C-heavy molasses, damaged rice and maize. The government also said the situation has not reached a stage for the country to undertake the import of ethanol.
08.12 / 13:53
Provident
Target
FIVE
Racing
Browser
country
recommendations
How offshore wind sector is powering demand for heavy-lift ships
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