Country Financial News
30.11 / 18:00
Manufacturing
Mobile
President
country
reports
stake
JSW Group to own 35% stake in JV with SAIC Motor
NEW DELHI : JSW Group has entered into a joint venture with China’s SAIC Motor, which markets MG Motor cars in India, and will own a 35% stake in the new entity that will focus on manufacturing electric vehicles in the country. The rest of the ownership has not been decided yet, company executives said. JSW Group’s Parth Jindal and SAIC Motor’s president Wang Xiaoqiu signed agreements for the transaction at the MG Motor office in London, the companies said on Thursday.
30.11 / 16:49
FIVE
LGBT
President
country
social
gay
Russian Supreme Court bans LGBT movement, calls its activists ‘extremists’
LGBT (lesbian, gay, bisexual, and transgender) movement" and said that its activists should be designated as “extremists". After the Supreme Court order, representatives of LGBT people fear arrests and prosecutions. The judge said that he had endorsed a request from the Russian justice ministry to ban what it called "the international LGBT social movement".
30.11 / 16:47
Manufacturing
Platform
economy
show
performer
country
social
Economy growth of over 7 pc has surprised pundits yet again: Arvind Panagariya
Arvind Panagariya said on Thursday. India's economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-growing large economy, mainly due to better performance by manufacturing, mining, and services sectors, the government data showed on Thursday. The Gross Domestic Product (GDP) expanded 6.2 per cent in the July-September period.
30.11 / 16:47
Digital
Manufacturing
Mobile
Xiaomi
country
electronic
reports
Dixon's Rs 256 crore Noida facility to manufacture Xiaomi smartphones
Dixon Technologies' subsidiary Padget Electronics will manufacture Xiaomi smartphones at its new Noida factory that has been set with Rs 256 crore investment, it said on Thursday. The factory was inaugurated by IT Minister Ashwini Vaishnaw which is likely to generate around 5,000 new jobs. The manufacturing facility has an annual production capacity of 25 million units.
30.11 / 15:59
Reuters
country
Brazil set to join OPEC+ from January, delegate says
(Reuters) — Brazil is set to join the OPEC+ group of oil-producing countries which includes Saudi Arabia and Russia from January, an OPEC+ delegate told Reuters on Thursday.
30.11 / 15:49
Provident
Platform
country
reports
NOT
‘Have not yet signed anything yet’: Rahul Dravid day after BCCI extends his contract with Team India
Board of Control for Cricket (BCCI) announced the extension of the contract of the Indian cricket team head coach and the support staff to maintain continuity, Rahul Dravid Thursday offered a fresh twist to the development saying that he has not yet signed anything as yet. "I have not yet signed anything as yet, once I get the papers, we will see...: news agency ANI reported quoting Dravid.
30.11 / 15:35
Bill
country
hospital
information
travelers
recommendations
guidelines
Centre
Centre's nod must for MPs for accepting foreign hospitality during private visits abroad: Rajya Sabha notification
guidelines while accepting foreign hospitality during private visits abroad and obtain prior permission of the central government, according to fresh orders issued Thursday. The series of notifications were issued by the Rajya Sabha Secretariat.
30.11 / 15:35
Provident
Aware
CEO
Remark
country
Edinburgh Zoo pandas: When are the pandas leaving?
Edinburgh Zoo before they embark on their journey back to China. Yang Guang and Tian Tian have been residents of Edinburgh Zoo since 2011 through a 10-year agreement between the Royal Zoological Society of Scotland (RZSS) and the China Wildlife Conservation Association. The panda enclosure will be off-limits from 3:30 pm on Thursday as preparations begin for their departure in early December.
30.11 / 15:35
Progressive
Action
President
stage
country
reports
approved
Funds to compensate developing nations for climate impacts approved at COP28
UN climate talks here opened with a bang with countries clinching an early deal on how to compensate developing and poor nations that bear the brunt of the climate crisis despite contributing little to it, a decision welcomed by climate activists with caution. The agreement on the operationalisation of the Loss And Damage Fund on the first day of the annual climate negotiations, called COP28, sets the stage for ambitious decisions over the next 12 days.
30.11 / 15:35
Target
Experts
country
information
OPEC+ agrees on deeper output cuts to avoid renewed surplus
oil-supply cuts to go alongside Saudi Arabia’s much-anticipated extension of its voluntary reduction of the same size. Members have agreed to this in principle and it now goes to a vote at the meeting, delegates said, asking not the be named because the information was private. The deal fulfills what delegates had said were Riyadh’s goals for the meeting. More than a week of preparatory talks appeared to have overcome internal disagreements over some members’ production quotas. Oil rose 1.3% to $84.16 a barrel as of 2:56 p.m.
30.11 / 14:17
30.11 / 14:17
30.11 / 14:13
Waters
Extreme
Experts
country
consequences
COP28 in UAE: Why is the world focused on 2.7 degrees F rise in temperature? Know what this number means
United Arab Emirates to deliberate on the impact of climate on the planet. This time the focus is on the 2.7 degrees Fahrenheit. It may be mentioned that the Paris Agreement was signed by 196 countries in 2016.
30.11 / 14:13
Citi
Booking
President
country
information
Option
Uber Green launched in Bengaluru; offers sustainable transport option
Uber on Thursday announced the launch of its global flagship electric vehicle service Uber Green in Bengaluru which allows residents of the tech city to book sustainable and eco-friendly rides on their app. Karnataka Information Technology Minister Priyank Kharge flagged off the first Uber Green vehicles from the Bengaluru Palace on the sidelines of the Bengaluru Tech Summit. The cab aggregator said Uber Green is now available in several parts of the city including most of central Bengaluru and that it will soon be extended to more parts of the city.
30.11 / 13:41
country
EU deal on budget review stuck because of Germany's internal fiscal problems
BRUSSELS (Reuters) — The biggest obstacle to a deal on a mid-term revision of the European Union's 7-year budget is the internal discussion in Germany on the country's own budget, thrown into turmoil by a constitutional court ruling, the EU Budget Commissioner said.
30.11 / 13:27
FIVE
Experts
country
cover
hospital
Department
prevention
Dental treatment is costly. Here’s how you can finance it
₹3 lakh recently for his mother Preeti Khona’s dental treatment. That sum covered the costs of five dental implants and three dental bridges and crowns, all done in a span of two months and several sittings. Delhi-based Ganesh Jha says he paid ₹75,000 for dental implants at a clinic in his hometown, Chandigarh.
30.11 / 13:27
Target
Strategy
economy
Align
country
consequences
gatherings
We must face the true cost of our net zero goals
At CoP-28, this year’s climate summit, governments are gathering to advance ambitious plans to transform their energy economies. But there are two big problems with this global effort. The measures in place fall short of what’s needed.
30.11 / 13:27
Art
Mobile
country
social
consequences
information
Customer
NOT
Customer-facing jobs have not been finding many takers off late
₹20,000-25,000 or less, with the rigors of big-city life thrown in, many don’t think the deal is worthwhile. Attrition rates in customer-facing roles have been observed to go beyond 40% in sectors like retail and banking, financial services and insurance, and employers should be thankful that the country has so many fresh graduates looking for jobs each year. But why do so many quit within months? One probable reason for the lost appeal of customer-centric roles is the fading buzz of sectors that offer most such jobs.
30.11 / 13:19
Target
President
country
gatherings
OPEC+ meeting could result in deeper cuts
OPEC+ began its meeting on Thursday, seeking to resolve a deadlock on oil quotas and consider further production cuts to shore up flagging crude prices.
30.11 / 13:15
30.11 / 11:41
Provident
Target
Cooper
Fighting
President
country
Loss and Damage Fund, climate finance and NDCs to be among key focus areas for India: Environment Minister
climate finance and issues related to nationally determined contributions to reduce emissions will be the focus areas of discussions that India would be taking up during the COP28, Environment Minister Bhupendra Yadav said on Thursday. He was speaking at the opening ceremony of the Indian Pavilion at COP28 where he underscored the importance of everyone to come together to fight climate change.
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