Country Financial News

30.11 / 01:11

Digital Experts country Market- cap of stocks listed on BSE surpasses $4 trillion

stocks listed on the BSE surpassed $4 trillion on Wednesday for the first time ever, making India the fifth country after the United States, China, Japan, and Hong Kong to achieve this milestone. The overall market capitalisation on the BSE touched ₹333.29 lakh crore on Wednesday. In the past three months, India's overall market capitalisation has gained 8.82%, the highest growth among the top 10 markets.

30.11 / 01:11

MSCI Experts country India could get nearly $4-b inflows on US pension board's index switch

Reliance Industries, ICICI Bank, Infosys, HDFC Bank, and TCS could be the primary beneficiaries of a recent decision by the Federal Retirement Thrift Investment Board, a US Pension Fund, to change its benchmark index for its International Stock Index Investment Fund. The move is estimated to result in flows worth $3.7-$3.8 billion into Indian equities in 2024, according to Nuvama Institutional Equities.

30.11 / 01:11

Gap economy pandemic President country cover travelers Indians to gain big from domestic US visa renewal pilot

The pilot will address around 20,000 work visa renewals, or almost a tenth of the estimated 583,420 H1-B visa holders. The programme, which was proposed in February and formally announced in September during prime minister Narendra Modi’s US visit, will commence in December.

30.11 / 01:03

Target Action Experts country innovations reports COP 28 Dubai summit begins today: A deep dive into India's role and challenge at climate summit

COP 28 stands for the 28th meeting of the Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC). It takes place every year, and is the world’s only multilateral decision-making forum on climate change with almost complete membership of every country in the world. This year's COP holds significance in the wake of geopolitical risks that have come to forth after the Israel-Hamas war and Russia's ongoing "special military operation" in Ukraine.

29.11 / 22:43

economy show country Sweden's economy shrinks in the third quarter to signal that a recession may have hit the country

Sweden’s economy shrank in the third quarter of 2023 to mark the second time of contraction and signal that a recession may have hit the country

29.11 / 22:43

Assurant economy country cover Sri Lanka says it struck a deal with creditors on debt restructuring to clear way for IMF funds

Sri Lanka says it has reached an agreement in principle with a group of creditors including India and Japan on debt restructuring

29.11 / 22:43

Citi Strategy Death country hospital infection pneumonia Traffic Coal power, traffic, waste burning a toxic smog cocktail in Indonesia's Jakarta

Pollution is causing respiratory illnesses and deaths to rise in Indonesia's island of Java, including the capital, Jakarta

29.11 / 22:43

BLOCK Google Platform Instagram show country Inside Canada says Google will pay $74 million annually to Canadian news industry under new online law

Canada’s government says it has reached a deal with Google for the company to contribute $100 million Canadian dollars annually to the country’s news industry

29.11 / 22:43

Remark BBC show country reports gatherings Emirati-designated COP28 leader forcefully denies report UAE wanted to seek oil deals in summit

The Emirati president-designate for the upcoming United Nations COP28 climate talks has forcefully denied a report alleging his nation planned to use the summit to strike oil and gas deals, a day before the summit was due to begin

29.11 / 22:43

Citi Manufacturing President country cover social gatherings Biden visits Boebert's district to reject Republican criticism of green policies

In Colorado, President Joe Biden has said Rep_ Lauren Boebert was wrong to describe his policies as “a massive failure."

29.11 / 22:43

Fighting economy President country social Nigeria's leader presents a $34 billion spending plan that prioritizes the economy and security

Nigeria’s leader has presented a $34.8 billion spending plan for 2024 to federal lawmakers with a focus on stabilizing Africa’s largest but ailing economy and tackling a deadly security crisis

29.11 / 22:43

Provident Assurant love country 2020 recommendations medicines Australia apologizes for thalidomide tragedy as some survivors listen in the Parliament gallery

Survivors of the harmful morning sickness drug thalidomide were in the public gallery when Australia’s Parliament made a national apology for what was described as one of the darkest chapters in Australia’s medical history

29.11 / 22:43

Provident Aware CEO Bill country reports recommendations Buffett's Berkshire Hathaway says Haslams offered bribes to inflate Pilot truck stops earnings

Warren Buffett’s Berkshire Hathaway says the billionaire Haslam family tried to bribe at least 15 executives at the Pilot truck stop chain with millions of dollars to get them to inflate the company’s profits this year because that would force Berkshir...

29.11 / 22:43

Citi Citizens Aware Experts country reports Finland closes last crossing point with Russia, sealing off entire border as tensions rise

NATO member Finland has closed its last remaining border crossing with Russia

29.11 / 22:07

Action country OPEC+ Considers Major Oil Production Cuts Amid Middle East Tensions

Quiver Quantitative — The Organization of the Petroleum Exporting Countries (OPEC+) and its allies, led by Russia, are deliberating new oil production cuts, potentially reducing output by as much as 1 million barrels a day. This significant proposal comes amidst the ongoing Middle East conflict and could lead to a surge in oil prices. Initially scheduled for last week, the OPEC meeting was postponed due to disagreements over production quotas and is now set to occur virtually. While a consensus on further cuts remains uncertain, with some members opposing the reduction, Saudi Arabia has expressed strong support for the measure.

29.11 / 22:07

Nov country reports Oil prices settle higher after supply disruptions; OPEC+ meeting eyed

Investing.com-- Oil prices rose sharply Wednesday, shrugging off unexpected increase in U.S crude stockpiles amid further supply disruptions just a day ahead of an OPEC+ meeting to decide on future output policy.

29.11 / 19:36

Action country shock Want to set up administrative machinery to tackle hate speeches, can't deal with individual cases: SC

Supreme Court said on Wednesday it was looking to put in place an administrative machinery to deal with hate speeches across the country while making it clear that it cannot handle each and every such matter as it will lead to a virtual flood of cases. A bench of Justices Sanjiv Khanna and SVN Bhatti said the apex court has already defined hate speech and the question now is of implementation of its directions. «We can't deal with individual aspects. If we start dealing with individual cases, it will lead to flooding of cases.

29.11 / 19:23

Provident Healthcare country hospital testing Department medicines India readies global norms for its traditional medicines

Mint Healthcare Summit, Kotecha said the Bureau of Indian Standards (BIS) has already published 50 standards for Ayush medicines, which are now being converted to ISO standards. “We were sending our products across the globe but certain drug regulators asked us to specify standards for our products and were rejecting its use even as supplements ," the secretary said. “So, we are working with BIS and it has already published 50 such standards which we are willing to convert to ISO standards.

29.11 / 19:23

FIVE Strategy economy country testing Indian markets, now valued more than India GDP for FY24

MUMBAI : Robust domestic buying as well as short-covering by foreign institutional investors (FIIs) ahead of the assembly election results on 3 December propelled BSE’s market capitalization to $3.99 trillion on Wednesday, well past the government’s nominal gross domestic product (GDP) forecast of $3.62 trillion for the current fiscal (FY24). The Nifty 50 index reclaimed the 20,000-mark after a span of two months.

29.11 / 19:23

Citi Action film Experts country audience stars Star-studded, high-budget spectacle films fizzle out after big openings

NEW DELHI : Contrary to the perception that big-budget films featuring mainstream stars and high on visual spectacle or slick action stunts are shining at the box office, especially post covid, recent Bollywood titles such as Tiger 3, Adipurush, and Ganpath have fizzled out, in some cases, failing to build on big openings. Theatre owners and trade experts say the word-of-mouth around films has become hugely critical and audiences are no longer stepping out for even big stars.

29.11 / 19:23

Provident Reuters economy show country reports Department Oil ticks higher ahead of OPEC+ policy decision as Black Sea storm disrupts exports; Brent at $82/bbl

₹6,448 per bbl, having swung between ₹6,323 and ₹6,500 per bbl during the session so far, against a previous close of ₹6,413 per barrel. -OPEC+ and its oil majors are currently holding talks and negotiations are going on, but no further delay is expected, according to Reuters.

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