Country Financial News
29.11 / 10:53
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2024
2024 US General Election: Vivek Ramaswamy says 'America First' resonates with George Washington's vision
America First" agenda resonates with George Washington's vision, said Indian-American Republican presidential aspirant Vivek Ramaswamy in a conversation with Darren Beattie in an exclusive interview. "I think something that's consistent with George Washington's vision." When Donald Trump spoke on "making sure that we look after the interests of citizens here at home rather than taking into account the interests of citizens in plural nations abroad, that was George Washington's 1796 farewell address in a nutshell. That's what MAGA and the America First movement is really about," said Ramaswamy in his interview with Revolver.news.
29.11 / 10:47
Digital
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Zipmex
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Zipmex Proposes Repayment of 3.35 Cents Per Dollar to Creditors in Latest Restructuring Plan
Zipmex has put forward a new proposal to repay creditors, initially offering 3.35 cents for each dollar of their claims as part of its restructuring efforts, according to Bloomberg.
29.11 / 10:17
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What is COP28 and why does it matter?
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29.11 / 09:53
Progressive
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What is COP28 and why is it important?
global warming. This year has once again seen the devastating effects of climate change on the planet. The summer season in the northern hemisphere was the warmest on record globally. More than 11,000 people were killed in the Mediterranean storm Daniel in Libya in September, while a wildfire on the Hawaiian island Maui killed at least 115 people. What is COP28? It’s the annual gathering of nearly 200 countries, hosted by the United Nations, to discuss ways to prevent further manmade climate change and adapt to warming temperatures.
29.11 / 09:31
29.11 / 09:25
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Rock & Storm Distilleries to expand across India with ₹100-crore multi-year investment
₹100 crore over the next three to four years. With these internally accrued funds the company plans to enter new markets such as Uttar Pradesh, Karnataka and Rajasthan by 2024, Vinay Khare, its director, told Mint. To support its growth, the company plans to set up its own malt plant with a capacity of 6,000 litres a day, and a new production unit.
29.11 / 09:05
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We are trying to gradually raise the productivity of Indian cotton farmers: Textile secretary
cotton farmers to the global level, it said on Wednesday. “We are trying to gradually raise the productivity of Indian cotton farmers from the average 450 kg per hectare to global levels of 1,500-2,200 kg per hectare,” said Rachna Shah, textile secretary. The evaluation of the study, which started last year and covers 15,000 farmers across ten major textile-producing states, will be available in January 2024. The ministry noted that it will be featuring more such innovations at the 81st Plenary Meeting of the International Cotton Advisory Committee (ICAC), which will be held in Mumbai from December 2-7. The ministry pointed out that the focus for the conference hosted by India, after nearly eight years, will be on local innovations and cutting-edge technologies which can have global implications for the cotton value chain. The ministry also plans to launch India’s premium cotton, “Kasturi cotton”, at the inter-governmental event featuring participants from 28 member countries and seven invitee countries. “ICAC will be a platform to present Kasturi cotton before the global audience.
29.11 / 08:59
29.11 / 08:59
Provident
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European stocks mixed; German state inflation drops sharply
Investing.com — European stock markets traded in a mixed fashion Wednesday, with investors struggling to build momentum ahead of the week’s key inflation data.
29.11 / 08:47
Citi
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Tesla
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Car Dealers to Biden: EVs Aren’t Selling
You can subsidize a buyer into the auto showroom, but you can’t make him buy. That’s the word from some 3,900 car dealers across the country who on Tuesday wrote President Biden that electric vehicles are piling up unsold on their lots. They want relief from his onerous and unrealistic EV sales mandate.
29.11 / 08:47
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The top five midcap stocks that LIC holds
Midcap stocks have outperformed the benchmark indices in 2023. These high-growth companies are often picked up by institutions based on factors such as liquidity and valuation. Currently, the wind is flowing towards midcaps and smallcaps as compared to largecaps as euphoria is still building up in the broader market.
29.11 / 07:27
Provident
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Why should you consider investing in gold through ETFs? MintGenie explains
new fund offers (NFOs) in gold ETFs recently. Even Baroda BNP Paribas mutual fund house launched its Baroda BNP Paribas Gold ETF on November 28, 2023, thus, adding to the list of AMCs allowing prospective investors to invest in gold through exchange-traded funds (ETFs). Repeated instances in historical data consistently demonstrate that gold serves as a reliable safeguard against inflation.
29.11 / 07:27
Provident
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Costs
Tata Steel, JSW Steel, SAIL shares gain more than 1%. Softening of steel price, rising input costs still a concern.
Tata Steel Ltd, JSW Steel Ltd, Steel Authority of India Ltd saw their stock prices rise more than 1% in morning trades on Wednesday. Jindal Steel and Power Ltd stock prices, however, remained muted. The analysts say that while steel demand in the country remains strong being supported by governments infrastructure spending and is supporting the investor confidence, nevertheless softening steel prices impacted by festive season and rising raw material prices are key risks to near term earning prospects.
29.11 / 07:15
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Hundreds line up in China hospital as respiratory illness surges, video shows
China eased its zero-tolerance policy on COVID-19 — a policy that gave municipalities sweeping powers to institute quarantines and mandatory testing to keep COVID-19 cases under control. While unpopular with residents, the policy helped China keep COVID-19 cases relatively low.Many countries around the world saw spikes in respiratory illnesses after loosening pandemic restrictions.
29.11 / 05:39
29.11 / 04:41
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2024
Support
Vietnam to extend VAT cut until mid-2024 to support economy
HANOI (Reuters) — Vietnam's parliament on Wednesday decided to further extend a reduction in value-added tax (VAT) on goods and services until the end of June 2024.
29.11 / 04:23
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Nikkei
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Asian stocks
Asian stocks muted as China caution limits Fed pivot cheer
Investing.com-- Most Asian stocks kept to a tight range on Wednesday as caution before key economic readings from China offset growing optimism over an early pivot by the Federal Reserve.
29.11 / 04:23
ETF
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China sees an ETF boom as investors wait for stocks to trough
By Jason Xue and Tom Westbrook
29.11 / 04:23
29.11 / 04:19
Enterprise
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Celebrity
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rock
Uttarkashi tunnel rescue: ‘Indian jugaad wins over machines,’ Netizens hail rat-hole miners
Uttarkashi tunnel rescue LIVE The rat-hole miner added that he will never forget the respect they (trapped workers) gave to him. "I removed the last rock. I could see them.
29.11 / 03:05
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Celebrate the tunnel rescue but don’t overlook the hard questions
The collective sigh of relief that swept India was almost palpable as news broke of the rescue of 41 workers who got trapped in a tunnel blocked by a cave-in on 12 November while it was being bored. Swings of hope and despair ended in jubilation as the last obstacle was cleared and a horizontal passage finally opened to the chamber where they survived on piped supplies and a national pledge to extract them safely.
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