Country Financial News

07.12 / 18:57
Citi Provident Waters country Tent cities being erected in Ayodhya to host devotees
Ram temple in Ayodhya on January 22, the trust building the temple is making elaborate arrangements for their stay, with swathes of tent cities coming up in the city. The trust, Shri Ram Janmabhoomi Teerth Kshetra, has also earmarked about 400 rooms in other lodging facilities for devotees unable to stay in the tin-shed tents. «It will be cold.
07.12 / 18:07
country 2020 Supreme Court to deliver verdict in Article 370 case on 11 Dec
batch of over 20 petitions filed through senior lawyers including Kapil Sibal, Gopal Subramanium, Rajeev Dhavan, Dushyant Dave, and Gopal Sankaranarayanan submitted that the government misused its brute majority in Parliament to issue executive orders and divide the state of Jammu and Kashmir into the Union Territories of Jammu and Kashmir and Ladakh. Earlier in 2020, the petitioners requested the court to transfer the case to a seven-judge Constitution Bench, but the Supreme Court decided against such a move and the five-judge bench kept the matter to itself.
07.12 / 17:51
Action country NCLT admits plea to initiate insolvency against Sahara Group entity Sahara Q Shop
Sahara Q Shop Unique Products Range Ltd, the FMCG and retail arm of Sahara India Pariwar, under the Corporate Insolvency Resolution Process (CIRP) and has appointed Udaykumar Bhaskar Bhat as the resolution professional of the company. The development comes within a month of the passing away of Subrata Roy, founder of Sahara Group, at the age of 75 in Mumbai. The Sahara Group company had entered into a service agreement with the Sigma Supply Chain Solution for handling, storage, maintenance, administration, distribution and arrangement of goods from the Sahara Q Shop at different places across the country. Originally, the company’s operational creditor Sigma Supply Chain Solution Pvt Ltd had approached the tribunal in December 2021, after the company had defaulted on its dues of over Rs 4.75 crore. “The order of moratorium shall have effect from the date of this order till the completion of the corporate insolvency resolution process or until this Bench approves the resolution plan,” said the division bench of judicial member Kishore Vemulapalli and a technical member Anu Jagmohan Singh in its order of December 6. Before the tribunal’s order, Sigma Supply Chain Solution, through its counsel Nausher Kohli argued that it had addressed various emails to the company about outstanding amounts of dues and payable by the Sahara Q Shop and the company neither disputed nor denied the same. While countering this, advocate Sandeep Bajaj, appearing for the Sahara Group company argued that the application is barred by limitation since the cause of action first arose in the year 2013 and the operational creditor had applied in the year 2021. A total of 7,058 companies across sectors were brought into administration until
07.12 / 17:00
FIVE Cooper Progressive Experts country information 2020 Colombo Security Conclave: NSA Ajit Doval pushes ideas to stabilise IOR
NSA Ajit Doval participated in the 6th NSA-level Meeting of the Colombo Security Conclave on Thursday in Port Louis, Mauritius to give push to steps to stabilise Indian Ocean Region. The Colombo Security Conclave was established in 2020 when India, Sri Lanka and Maldives agreed to expand the scope and membership of their Trilateral Meeting on Maritime Cooperation. Mauritius joined the conclave at the 5th NSA-level meeting of the Conclave on 09-10 March 2022 held in Male, Maldives. Cooperation under the CSC focuses on five pillars of cooperation including maritime safety and security, countering terrorism and radicalization, combating trafficking and transnational organized crime, cyber security and protection of critical infrastructure and humanitarian assistance and disaster relief.
07.12 / 16:59
Manufacturing economy Moodys President show country information Low Oil ticks higher from six-month low over concerns of weak economic outlook; Brent at $74/bbl
prices dropped to six-month low after US inventory data. On Tuesday, both benchmarks settled at their lowest since July 6, a fourth straight session of losses.
07.12 / 16:59
President country After Devendra Fadnavis letter on Nawab Malik, Ajit Pawar faction says this
Devendra Fadnavis wrote a letter to Deputy Chief Minister Ajit Pawar on Thursday evening, objecting to the inclusion of Nawab Malik into his faction, the NCP has responded with a vague statement, neither confirming nor denying Malik's association with the party. “ Nawab Malik has been our senior colleague for several years. He has no connection to the developments (split) in the NCP that have taken place in the recent past.
07.12 / 16:33
Provident Death country information reports Over 400 Indian students died abroad in 5 years; Canada, UK top chart | Check country-wise list here
Minister of State in the Ministry of External Affairs V Muraleedharan told the Rajya Sabha on Thursday, “403 incidents of death of Indian students abroad have been reported since 2018." Various reasons for the death include "natural causes, accidents and medical conditions". The minister also shared country-wise details of Indian student deaths abroad since 2018. Canada topped the chart with 91 deaths reported since 2018, followed by the United Kingdom with 48 deaths, Russia with 40 deaths, the United States of America (USA) with 36 deaths and Australia with 35 deaths.
07.12 / 16:33
Provident Strategy President country cover electronic innovations India’s AI regulations will allow room for innovation, but with eye on safety, says top govt. official
NEW DELHI : India will take a light-touch approach in regulating artificial intelligence to allow sufficient room for innovation, emulating how IT services companies were allowed to flourish in the 1990s. Despite recognizing key challenges to be resolved in the evolution of AI in India, the Union government sees AI as a sector where “the positives outweigh the negatives", S.
07.12 / 16:33
Citi performer country 2020 Ram Temple Pran Pratishtha ceremony: Tent cities erected in Ayodhya to accommodate devotees
Ram Janambhoomi Trust as saying. "Experienced workers of the VHP and RSS from across the country are being called for this purpose...Everyone is carrying out their duties with full responsibility..." he added. Prime Minister Narendra Modi will be chief guest at the ceremony on January 22, 2024.
07.12 / 16:33
Provident Platform Strategy Pool President country cover ‘AI regulations will ideally be light touch, though harm is concerning’
alliance. “GPAI is dominated by (developed) OECD countries, but how do you bring more of the global south into this? How do you convert AI and use it for the benefit of larger populations? This will be an important objective of what we’d try to do at the summit," he said.
07.12 / 16:33
Provident Cooper Aware Ball Remark country No ‘equitable treatment’ for US, Canadian allegations on assassination bids: S Jaishankar in Rajya Sabha
national security, it was decided to institute an inquiry into the matter and an inquiry committee has been constituted," the minister said while speaking in Rajya Sabha. “Insofar as Canada is concerned, no specific evidence or inputs were provided to us. So, the question of equitable treatment to two countries, one of whom has provided inputs and one of whom has not, does not arise," the minister added.
07.12 / 15:45
Target Strategy Align show country social 2020 Sovereign bond issuers lack climate ambition, says $5B investor group
An alliance of bond investors representing $5 trillion in assets says its first study of sovereign issuers shows most of their climate pledges lack the necessary ambition.
07.12 / 15:17
Man country Digvijaya Singh's black 'tika' rescue for Congress MLA who vowed to blacken face if BJP won 50 seats in MP | Watch
2023 elections, then Phool Singh Baraiya will blacken his face with his own hands in front of the Raj Bhavan, this is my pledge," Phool Singh Baraiya had said ahead of the 17 November polls in Madhya Pradesh. However, things didn't turn as Phool Singh Baraiya predicted, putting the Congress MLA in an awkward position. When Congress leader Digvijaya Singh was asked about the symbolic black 'tika' on Phool Singh Baraiya's face, the former Chief Minister said, "Unka muh kaala nahi hua hai, unko toh teeka laga hai taaki koi nazar na lage unpe..." (His face is not blackened, but ‘teeka’ is applied on his face so that nobody can cast an evil eye on him).
07.12 / 15:17
Citi Assurant country reports FBI chief to visit India days after US flagged foiled plot to murder Khalistani terrorist Pannun
assassination of Khalistani terrorist, Gurpatwant Singh Pannun, on American soil. Also Read: Gurpatwant Singh Pannun murder bid: Senior US official Jon Finer discusses investigative panel for foiled plot in India During the FBI chief's visit, the National Investigation Agency (NIA) is likely to take up the issue of Khalistani terrorist Gurpatwant Singh Pannun with the visiting US official, reported news agency ANI citing sources. According to the agency, Wray will meet officials of both the law enforcement agencies of the country, ie Central Bureau of Investigation (CBI) as well as NIA during his visit to India.
07.12 / 15:17
Citi Entertainment pandemic Celebrity country reports The bigger, fatter Indian wedding
NEW DELHI : A glitzy upper-crust wedding this week at a sprawling Delhi farmhouse–one of about 400,000 taking place in the capital this matrimonial season–is being attended by the who’s who in the city. The ceremonies, involving two business families, one in construction and the other in, let’s say, consumer goods, will include a cocktail party at Delhi’s Roseate Hotel before the wedding, which will have specialised catering from Mumbai’s famous Mahesh Lunch Home. The grand party will have artist Bismil performing for about 400 guests.
07.12 / 13:25
Provident BLOCK Google Platform Netflix country reports Twitch says it's withdrawing from the South Korean market over expensive network fees
Twitch, a popular video service, will shut down its struggling business in South Korea, a decision its chief executive blamed on allegedly “prohibitively expensive” costs for operating in the country
07.12 / 12:57
Reuters economy Nov country 2020 reports Low Gas prices hit 11-month low just in time for the holidays
GasBuddy head of petroleum analysis Patrick De Haan says the national gas price average is falling and could hit the cheapest Thanksgiving prices since 2020 on 'Varney & Co.
07.12 / 12:56
Remark country 'Shameful, casteist': BJP slams Telangana CM Revanth Reddy for ‘Bihari genes’ remark, says ‘strange plan to divide'
Telangana DNA is better than Bihar DNA," Reddy had allegedly said. The alleged remarks didn't go well with the BJP with former Union Minister Ravi Shankar Prasad terming the remarks “very shameful, divisive and arrogant." “There is a strange plan going on by Congress leaders to divide the country.
07.12 / 12:55
BLOCK Manufacturing CEO Rheinmetall show country travelers Ukraine Goes to Washington With a New Ask: Help Us Make Our Own Weapons
KYIV, Ukraine—This summer, two seaborne drones called Sea Babies left Ukrainian territory and sped across the Black Sea before striking a Russian-built bridge and exploding. The attack was heralded not just for the damage done but because the so-called sea drones were designed and built in Ukraine. Since Russia’s full-scale invasion of its neighbor in 2022, the U.S.
07.12 / 12:55
FIVE country Govt allows 2.4 lakh tonne non-basmati rice export to five African countries
global market, with India’s strategic partners seeking supply of the food grain in tranches. Milestone Alert!Livemint tops charts as the fastest growing news website in the world

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