Country Financial News
06.03 / 10:57
markets
Manufacturing
Sustainability
Trade
Experts
country
shock
Why Trump’s tariff shocks are testing India’s resilience?
Trump has doubled down on the on the tariff war that he's unleashed, pledging to impose similar levies on India and others from April 2. These reciprocal tariffs are in response to, according to him, high import taxes on American goods.
06.03 / 09:29
markets
Digital
Booking
economy
RAI
country
Top countries face population crisis, says Andhra CM N Chandrababu Naidu
Andhra Pradesh Chief Minister N Chandrababu Naidu on Thursday stated that the world's leading economies are grappling with a population crisis. Speaking at a book launch, Naidu emphasised that while these countries possess advanced resources such as Artificial Intelligence and cutting-edge technologies, they lack a sufficient workforce to operate them. «All top countries in the world are struggling. There is no population. AI and technology exist, but there are no people to operate them,» he said.
06.03 / 09:17
Target
economy
President
country
reports
gatherings
strain
China has more room to act on fiscal policy amid global uncertainties, finance minister says
BEIJING — China has more room to act on fiscal policy amid domestic and external uncertainties, Finance Minister Lan Fo'an told reporters on Thursday.
06.03 / 07:51
UPS
President
country
Department
SOLIDARITY
peace
Mint Explainer: The ripple effects of Trump pulling the plug on Ukraine
Subscribe to enjoy similar stories. Early indicators suggest the US economy is slowing even as US President Donald Trump’s additional import tariffs on China, Canada and Brazil kicked in on Tuesday. Trump also paused military aid to Ukraine on 4 March following a televised clash with Ukrainian President Volodymyr Zelenskiy at the Oval office last week.
06.03 / 07:51
markets
UPS
economy
Trade
President
War
country
Trump’s tariffs are the toughest since the Great Depression. The dangers we’ve forgotten.
Subscribe to enjoy similar stories. The Smoot-Hawley Tariff Act of 1930 is blamed for deepening the Great Depression. Don’t tell that to the Trump administration, which just unveiled the toughest tariffs in almost a century.
06.03 / 07:51
Provident
wellness
President
War
country
Relationships
Russia is chasing a deal to keep its military bases in Syria
Subscribe to enjoy similar stories. Days before the fall of President Bashar al-Assad, Russia said the Syrian rebels advancing on Damascus were terrorists. Now, with those rebels in power, Moscow senses an opportunity to both expand its economic footprint in Syria and hold on to its military bases there.
06.03 / 07:51
Man
economy
Continental
President
Rheinmetall
country
International
Germany, once a beacon of frugality, jolts Europe with planned spending splurge
Subscribe to enjoy similar stories. Few changes prompted by President Trump’s second term could be as consequential for Europe as Germany shedding fiscal prudence to turbocharge its military and retool its economy. In a hastily convened press conference in Berlin late Tuesday, Friedrich Merz, the man in line to become Germany’s next chancellor, announced a break with a position that had governed the country’s relations with its European partners for decades.
06.03 / 07:31
markets
Manufacturing
Mobile
Sustainability
country
innovations
information
Ola Electric becomes first 2W EV manufacturer to bag PLI incentives
Ola Electric, India's largest electric vehicle company, has achieved a significant milestone by becoming the first two-wheeler automotive electric vehicle (EV) manufacturer in India to receive incentives under the Production Linked Incentive (PLI) Scheme for Automotive and Auto Component (PLI-Auto Scheme). The company has been granted a total incentive of Rs 73.74 crore for the Determined Sales Value of FY 2023-24 under the scheme, according to a stock exchange filing by the company. The PLI-Auto Scheme, launched by the Government of India, aims to boost domestic manufacturing in the automotive sector and promote the adoption of advanced, clean, and sustainable mobility solutions.
06.03 / 05:49
markets
Digital
performer
country
song
stars
Diljit Dosanjh, India's rising global music star, is breaking the Bollywood mold
Diljit Dosanjh, a 41-year-old musician, actor and producer from Punjab in northwestern India, is rewriting the formula for success in the world's fastest-growing music market. Moving away from traditional film soundtracks with his hip-hop and rap-infused rhythms and high-profile collaborations with pop icons like Ed Sheeran and Sia, Dosanjh is breaking boundaries and amassing a massive following. Last summer, Dosanjh made an appearance on The Tonight Show Starring Jimmy Fallon, where he was introduced as “the biggest Punjabi performer on the planet.” He regaled fans with hits Born to Shine and G.O.A.T.
06.03 / 05:49
markets
COST
President
country
Costly deportations prompt Trump administration to halt military flights
Trump administration has suspended the use of military aircraft for deporting migrants, citing high costs and inefficiencies, according to defense officials, as reported by Wall street journal. The last such flight took place on March 1, and no further flights are currently scheduled, officials confirmed. Initially implemented as part of President Donald Trump's hardline immigration policies, the use of military flights was intended to send a strong message regarding the administration’s crackdown on illegal immigration. Defense Secretary Pete Hegseth previously stated, “The message is clear: If you break the law, if you are a criminal, you can find your way at Guantanamo Bay… You don’t want to be at Guantanamo Bay.” ALSO READ: OPT and H-1B changes: Indian students face uncertainty as US immigration policy debate heats up
06.03 / 03:13
markets
UPS
Trade
President
country
International
India seeks Rupee’s global reach, but no plan to replace US dollar: EAM S Jaishankar
External Affairs Minister Dr S Jaishankar, currently on a visit to the United Kingdom, has addressed key global economic issues, including the role of the US dollar, BRICS' position on de-dollarisation, and the internationalisation of the Indian rupee. Speaking at Chatham House in London, he dismissed speculation that India is working to replace the US dollar as the world’s primary reserve currency. «I don't think there's any policy on our part to replace the dollar. As I said, at the end of the day, the dollar as the reserve currency is the source of international economic stability, and right now, what we want in the world is more economic stability, not less,» he said.
06.03 / 02:35
markets
Racing
Analysis
economy
Trade
War
country
Investors spy the dawn of a tectonic shift away from US markets
China unlocked more stimulus on Wednesday and promised greater efforts to cushion the impact of an escalating U.S. trade war. Hours earlier, Germany's likely next government agreed on the biggest overhaul to fiscal policy since the country's reunification.
06.03 / 02:35
markets
UPS
security
country
2020
Relationships
India wants stability with China but seeks ‘respect’ for its interests: EAM S Jaishankar
S. Jaishankar said during a discussion at Chatham House, a British policy institute. He acknowledged that the relationship has been shaped by decades of ups and downs, but the real challenge is managing the balance as both nations rise. Reflecting on the last 40 years, Jaishankar noted that peace along the border was seen as essential for better ties. However, the situation changed dramatically in 2020 when Chinese forces clashed with Indian troops in the Galwan Valley, leading to the deaths of around 20 Indian soldiers and multiple Chinese casualties. It was the most serious border confrontation in 45 years.
06.03 / 00:25
Aware
Analysis
Research
trends
Trade
country
rights
NSE changes expiry day for equity derivatives contracts
equity derivatives contracts to Monday from the long-established Thursday. A look at what could have prompted the country's largest exchange to alter them. Which are the contracts NSE has changed the expiry day?
05.03 / 21:53
markets
President
country
Department
shock
Investigations
Bombshell allegations: Whistleblowers claim Obama and John Kerry systematically derailed FBI probe into Iranian terrorists to protect nuclear deal
Obama administration and then-Secretary of State John Kerry, who helped in derailing and obstructing an ongoing FBI investigation into Iranian terrorists and stopping due arrests to protect the nuclear deal.
05.03 / 19:31
markets
Strategy
wellness
country
exclusive
Interviews
Destinations
'India's pace of growth is key driver for Radisson': Federico J Gonzalez
Radisson Hotel Group and the chain should aim to have 500 hotels in the country by 2030, its executive vice chairman, Federico J Gonzalez, told ET in an exclusive interview. «India should be our number one country in the world in terms of number of hotels. The economic growth in India is significant. But, besides the economic growth and the growth in population and infrastructure, the ambition and dynamism of Indians is one of a kind,» said Gonzalez. «Everybody you meet here wants to do more and wants to grow. I think when we see that kind of mindset in a country, we need to make sure we maximise the growth,» he said. «Do we have a plan to get to 500 hotels in India by 2030? No. But, should we have the ambition to do this, considering the pace at which India is growing? Absolutely, yes.» Gonzalez said the efforts being put in place by the government to improve infrastructure and government plans to develop 50 tourist destinations can be key growth drivers for the Belgium-headquartered chain. Radisson Hotel Group said on Monday its strategy is to have 240 hotels in operation and under development in India by the end of 2025, driven by a «strategic focus» on tier-two and three markets and the increasing demand for luxury lifestyle and midscale accommodations.
05.03 / 19:31
markets
Citi
RAI
show
country
reports
The billionaires' club gets bigger on economic boost
This economic dynamism has not only increased the billionaire count but has also spurred the growth of high-net-worth individuals (HNIs), further strengthening India's luxury property markets including Mumbai, Delhi and Bengaluru. With 191 billionaires, India now ranks third globally in billionaire wealth, behind only the US and China. A total 26 individuals joined the billionaire club in just the last year, a stark contrast to the mere seven additions recorded in 2019, showed the Knight Frank global wealth report.
05.03 / 19:31
markets
UPS
wellness
President
country
reports
Trump is signaling possible rollback of Mexico and Canada tariffs, but consumers are still confused about the situation, here's all you need know
Howard Lutnick is claiming that the US President may begin a rollback on his decision soon, and now this uncertainty has created some confusion within US consumers as well as Wall Street, according to a Fortune report.
05.03 / 18:05
Art
Nestle
DISH
Diversity
country
Leo, Bogota: Colombia on a plate
Leo, nestled in Bogota's upscale Chapinero district in the Colombian capital, takes diners on a culinary expedition through the country's diverse biomes. Helmed by chef Leonor Espinosa — voted World's Best Female Chef 2022 by 'The World's 50 Best Restaurants' jury — this acclaimed restaurant spotlights rare local ingredients like copoazu (cacao relative), arrechon (aphrodisiac drink) and bijao (banana-like plant). Espinosa, an economist and artist by training, weaves anthropology and contemporary art into her dishes and the restaurant's sleek, modern setting. The tasting menus — 8 or 13 courses — are a masterclass in creative gastronomy. Delicate starters include mussels with coconut and Galerazamba salt, dried shrimp with snails and ants, the latter lending a nutty crunch. Standout mains feature duck jelly with coquindo oil, sourced from the Amazon, and salt from the Manaure Salt Flats. Leo's menu, 'ciclo-bioma', charts Colombia's ecosystems, highlighting unique species and their culinary potential. A map illustrates Espinosa's sourcing journey, underscoring her commitment to indigenous ingredients.
05.03 / 18:05
markets
Research
Experts
RAI
country
Vaccines
Destinations
Clinical research entities asked to register by April 1
clinical research organisations in India will have to get registered with the country's drug regulatory authority by April 1, in what could bring more transparency and accountability to the clinical research industry in India. Online registration of clinical research organisations is now functional on the SUGAM portal, the Drug Controller General of India (DCGI) said in an order dated March 4. Applications for registration should be submitted only through the SUGAM portal, it said.
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