Country Financial News

By Ahmad Ghaddar

Investing.com — The dollar dipped in European trade on Thursday, as markets remained on edge before key U.S. labor data, while the yen appreciated as Bank of Japan Governor Kazuo Ueda offered more cues on a potential pivot away from the central bank’s ultra-dovish stance. 

Investing.com — U.S. stock futures hover around both sides of the flatline, as markets geared up for fresh labor market data that could help indicate how the Federal Reserve will approach its future interest rate decisions. Elsewhere, GameStop (NYSE:GME) shares slip after the video game retailer and meme stock darling posted lower-than-projected quarterly net sales, while China's exports rise in November.

The father of a woman who was fatally shot in October by her former partner is urging senators to pass a federal gun-control bill without delay.

Singapore’s regulatory body the Monetary Authority of Singapore (MAS)  plans to begin piloting the digital currency “E-CNY” – also known as the digital yuan, in collaboration with China to encourage tourism spending.

CGHS with AIIMS, New Delhi; PGIMER, Chandigarh; JIPMER, Puducherry and AIIMS located at Bhopal, Bhubaneswar, Jodhpur, Patna, Raipur, Rishikesh, Bilaspur, Rajkot, Kalyani, Bhatinda, Bibinagar, Guwahati, Deoghar and Mangalagiri; to facilitate cashless treatment/investigation facilities to Pensioner beneficiaries and other eligible categories of CGHS beneficiaries at these premier institutions." Who will be eligible for cashless treatments at AIIMS, PGIMER, Chandigarh and JIPMER, Puducherry? What are the guidelines that CGHS beneficiaries must know to avail cashless treatment facilities at these premier institutions? Read here to find out. Cashless treatment facilities at AIIMS: Who are eligible? What are the guidelines? 1) CGHS pensioners and other beneficiaries entitled for cashless treatment like ex-MPs, ex-Governors, former judges of Supreme Court of India, former judges of high courts, freedom fighters, etc., holding a valid CGHS card are eligible for cashless treatment at AIIMS. 2) The validity of the CGHS card and the ward entitlement are printed on CGHS Card. 3) AIIMS will create a special desk for CGHS beneficiaries.

green hydrogen and electrolyser manufacturing projects under the government's SIGHT Scheme ends on December 12, Parliament was informed on Thursday. In January 2023, the Union Cabinet approved the National Green Hydrogen Mission (NGHM) with an outlay of Rs 19,744 crore with an aim to make India a global hub for manufacturing this clean source of energy.

Nirmala Sitharaman on Thursday said that India's second-quarter growth is the highest in the world, and the country continues to maintain its momentum as the fastest-growing economy. Addressing the Rajya Sabha during the Winter Session of Parliament, Sitharaman asserted that economic activity has been good across sectors. «India's second quarter growth is the highest in the world as India continues to be the fastest-growing economy.

Indian Overseas Bank led the gains with a 3.4% increase, trailed by Indian Bank and Punjab National Bank, recording gains of 3.1% and 1.6%, respectively. Also Read: Nifty 50, Sensex snap 7-day winning streak; mid, smallcaps outperform; RBI MPC outcome in focus According to domestic brokerage firm Motilal Oswal, the recent strong performance of the BJP in state elections has instilled confidence of political stability for 2024. This positive outlook bodes well for India's macroeconomic and policy momentum, especially considering the country's leading growth among major economies in terms of both GDP and corporate earnings.

Insecticides India said that the domestic demand scenarios is reasonable. The Kharif crop has been good, the yields are decent. The Rabi season also remains favorable though some impact cyclone may be felt and paddy crop may see some impact.

Also Read: We continuously maintained momentum of being fastest growing major economy: FM Sitharaman in Rajya Sabha In the last financial year, a total of 762 billion dollars of exports was recorded. Out of this, 453 billion dollars was merchandise exports, services exports were 309 billion dollars. The picture was not the same 10-15 years ago when the export was led by services export mostly, Union Minister told ANI on Thursday.

Hindustan Aeronautics Ltd. is in talks with at least three countries to export its homemade multi-role fighter jets as Prime Minister Narendra Modi seeks to more than triple the South Asian nation’s overseas defense sales. Discussions with Nigeria, Philippines and Argentina to export the Tejas fighter jets are progressing, C.

Brent crude futures rose 27 cents, or 0.4%, to $74.56 a barrel by 0613 GMT on December 7. US West Texas Intermediate crude futures rose 24 cents, also 0.4%, to $69.62 a barrel, according to a report by Reuters. Oil prices settled on December 6 at the lowest level since June, falling around USD 25 from their September highs amid concerns over oversupply and weaker demand.

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BJP) MP from Haryana addressed the house during 'Zero Hour'. He called for legislative action against live-in relationships, labelling them a "dangerous disease". Singh emphasised the cultural significance of arranged marriages in India.

UPI will continue to grow at about 60% in terms of volume above 2023 UPI transactions; P2M will continue to trend higher than that of P2P transactions; P2M will be about 60% of the total UPI volume," said Mehul Mistry, Global Head-Strategy, Digital Financial Services & Partnerships, Wibmo, A PayU Company. “The forecast for 2024 envisions UPI as a pivotal player in promoting financial inclusivity, offering a convenient and interoperable solution for users nationwide.

Rajnath Singh appealed to the people to wholeheartedly donate to the Armed Forces Flag Day (AFFD) Fund and become a part of the government's endeavour to ensure the welfare of the 'Veer Naris', ex-servicemen and their families, said a press release by the Ministry of Defence on Thursday. In a message on AFFD, which is celebrated on December 7, Rajnath Singh termed it the moral responsibility of every citizen to contribute to the efforts being made by the Ministry of Defence towards the care, assistance, rehabilitation and treatment of veterans, war widows and their dependents through a number of welfare schemes. «It is our collective duty to ensure that they get due recognition from all of us,» he said. The Defence Minister emphasised that the soldiers safeguard the borders with discipline, dedication and patriotism, besides making a valuable contribution to relief and rescue operations during natural and man-made disasters as well as peacekeeping missions across the globe, said the official statement by the Ministry of Defence. Rajnath Singh also paid tribute to the brave soldiers who made the supreme sacrifice in the service of the motherland, with many becoming physically disabled to protect the unity, integrity and sovereignty of the nation. He exhorted the people to ensure their contribution to the AFFD Fund and inspire others to join this noble cause. On the occasion, Minister of State in the Ministry of Defence, Ajay Bhatt, also extended his best wishes to the armed forces personnel, ex-servicemen and their families. He stated that the AFFD provides an opportunity for the people to express gratitude to the gallant soldiers who are always ready to protect the country.

DOMS Industries will open for subscription on December 13. The issue closes on December 15.

Nigeria, Philippines, Argentina and Egypt have shown interest in procuring indigenously-developed Tejas Light Combat aircraft, CB Ananthakrishnan, the Chairman and Managing Director of the Hindustan Aeronautics Ltd, said on Wednesday. Ananthakrishnan said talks are on with these countries for the possible procurement. «Nigeria, Philippines and Egypt are keen to procure Tejas Light Combat aircraft,» Ananthakrishnan told PTI on the sidelines of an event.

Mint. The ISM is tasked with overseeing semiconductor-related proposals and has industry stalwarts like Vinod Dham and Ajit Minocha on its advisory committee. While proposals for semiconductor chip fabs or assembly plants were being evaluated by the ISM, the government should focus on building the fabless design ecosystem which was a low-hanging fruit for companies here, Vishwanathan added.

₹2499 or a weekend pass for ₹2999 by visiting the official website of IBW. This motorcycling festival is organized by Seventy EMG in collaboration with Gulf Syntrac. The motorcycling festival features six diverse tracks, including three race tracks sponsored by CEAT.