Country Financial News

By Simon Jessop, Maha El Dahan and Hadeel Al Sayegh

Origin Energy Ltd. rejected a A$19.1 billion (US$12.8 billion) Brookfield Asset Management Ltd.-led takeover, after the fund’s yearlong pursuit of a utility that’s vital to Australia’s energy transition.

In the 12 months ending in March 2023, Canada welcomed nearly 1.2 million new people, a record for a one-year period. For 2023, population growth is expected to surpass three per cent, a 65-year high. 

We pay tax not only on our Canadian-source employment, business or investment income, but on our total worldwide income, including foreign income, such as a foreign pension, which must first be converted to Canadian dollars before it’s reported on our returns annually.

Vinod Khosla, the first investor in OpenAI and co-founder of Sun Microsystems, has now weighed in on Narayan Murthy's controversial comments urging young people to work 70 hours a week to boost India's labour productivity. In a Q&A session, Khosla noted that people who felt offended by Murthy's comments "need mental therapy" and urged them to "learn to toughen up". Also Read: Want Sam Altman back at OpenAI, will back his next venture, says Vinod Khosla In reply to a post on X (formerly Twitter), Khosla wrote, "For people who "felt attacked" by this they need mental health therapy.

Lalduhoma secured a clear victory in the Serchhip Assembly constituency of Mizoram. Lalduhoma is the chief ministrial candidate from the ZPM. He was pitted against MNF debutant J Malsawmzual Vanchhawng.

Central Board of Indirect Taxes and Customs (CBIC) has enabled two-factor authentication for all e-waybill and e-invoice systems to further enhance the security of the goods and services tax systems. The feature was enabled on December 1 and was rolled out on Monday. Currently the pilot rollout has been done for a state of Haryana and after seamless operation of the same in the state, it is being rolled out for Punjab, Chandigarh, Uttarakhand, Rajasthan and Delhi taxpayers in the first phase. In the second phase, it will be rolled out across the country. “Currently, 2FA (two factor authentication) will be rolled out for Punjab, Chandigarh, Uttarakhand, Rajasthan and Delhi in the first phase.

cough syrup linked to the deaths of at least six children in Cameroon have found unidentified quality issues in at least one of the five samples picked up by authorities, two people familiar with the investigation told Reuters. Riemann Labs is one of three Indian drugmakers whose cough syrups have been linked to the deaths of at least 141 children in Gambia, Uzbekistan and Cameroon since the middle of last year. That has cast a shadow on the quality of exports from India, often dubbed the «world's pharmacy» due to its supply of life-saving drugs at low prices to countries that most need them. The World Health Organization (WHO) said in July that a sample picked up from Cameroon of Naturcold syrup, whose maker India has identified as Riemann, contained as much 28.6% of the toxin of diethylene glycol, compared with an acceptable limit of no more than 0.10%. Indian authorities said they had suspended Riemann's production soon after the WHO alert, citing violations of good manufacturing practices.

General Elections 2024 and the country will see a stable government. General election is a key trigger for the market and analysts are of the view that the state election outcome has strengthened the expectations that the ruling BJP will be able to win next year's election.

Anand Mahindra tweeted. The Indian Navy celebrates Navy Day on December 4 to commemorate "Operation Trident," the Navy's audacious attack on Karachi harbour during the 1971 War.

NITI Aayog will come up with a combined report from the third to sixth edition of the Composite Water Management Index even as it explores other channels to take the task of indexing to make the data and its analysis more holistic, ministry of state for planning Rao Inderjit Singh said. Minister’s response to a question in Rajya Sabha comes as the Aayog has not been releasing the annual index since its second edition in 2019. According to the minister’s response on Monday, NITI Aayog has been publishing the Composite Water Management Index (CWMI) since 2018.

Varanasi, Surat and Visakhapatnam for running its pilot project under the Growth Hubs programme, minister of state for planning Rao Inderjit Singh said in response to a question in Rajya Sabha on Monday. “The Growth Hubs programme is an initiative to develop city regions in a planned manner in order to achieve the economic target of making India a $30 trillion economy by 2047 under its Viksit Bharat plan,” he said. “The Growth Hubs programme aims to develop a template for devising economic growth strategy for identified city regions across the country and prepare a roadmap for achieving the same which inter alia includes identification of key growth drivers, enablers and interventions,” he added. According to the minister, the city regions have been defined as a group of districts which are economically and socially adjacent, related, or co-dependent and the cities have been selected based on the criteria of geographic spread, size and scale. “Given the scale of the project, an institutional mechanism has been put in place wherein a National Steering committee chaired by CEO, NITI Aayog has been set-up involving officials from ministry of housing and urban affairs (MoHUA) and domain experts,” he said. “In addition, each state (Andhra Pradesh, Gujarat, Maharashtra and Uttar Pradesh) has constituted a steering committee for strategic interventions and overall monitoring under the chairmanship of chief secretary,” he said, adding that states have also constituted designated cells for operational matters. “A statement of intent has been signed by NITI Aayog with Institute of Sustainability, Employment and Growth ( ISEG ) Foundation and World Resources Institute (WRI) India for the project,” he said. Commenting on the

1. Canada Express Entry: Canada Express Entry is a system that manages applications for three federal economic immigration programs: the Federal Skilled Worker Program, the Federal Skilled Trades Program, and the Canadian Experience Class.

Mint breaks down why. The country's newly elected President Mohamed Muizzu said India and the Maldives have reached an agreement to secure the withdrawal of Indian military personnel in the country. As a candidate, Muizzu had called for the removal of any foreign military personnel and followed up this request soon after taking office during a meeting with union minister Kiren Rijiju.

Union Budget on February 1, 2024, along with the general elections in the same year. During an election year, the government does not present a full-fledged Budget for the whole year, instead the government prepares an interim budget or a vote on account. Livemint explains what these terms mean and how they are different from the Union Budget.

The annual U.N. climate talks are nearly two weeks of delegates meeting

Regulators voted on Friday that New England’s long-shuttered shrimp business, which fell victim to warming waters, will remain in a fishing moratorium indefinitely

The United States has taken action to reduce methane emissions from oil and natural gas production

The U.S. military says three commercial ships in the Red Sea were struck by ballistic missiles fired from Houthi-controlled Yemen, and a U.S. warship shot down three drones in self-defense during the hourslong assault

An independent watchdog says many Western arms companies failed to ramp up production in 2022 despite a strong increase in demand for weapons and military equipment

Fifty oil companies are pledging to reach near-zero methane emissions.