Country Financial News

Bulk Cargo transshipment hub in Atlanta Bay near Diglipur in Andaman and Nicobar Islands. This is in addition to the Rs 44,000 crore Galathea bay project near the Southern tip of the Great Nicobar Island for which bids are expected to be called next year. “Currently a jetty with 5 metre (m) draft is serving for berthing of inter-island vessels of 4.00 m draft…The feasibility study for developing Atlanta bay major Harbour is under process,” an official statement said. The Atlanta bay has a natural draft of 19/20 and is just 50m distance in sea.

Facebook and YouTube to repeatedly remind users that local laws prohibit them from posting deepfakes and content that spreads obscenity or misinformation, two sources told Reuters. The warning was conveyed by deputy IT minister Rajeev Chandrasekhar in a closed-door meeting where he said many companies had not updated their usage terms despite 2022 rules that prohibit content «harmful» to children, obscene or that «impersonates another person».

Inheriting property and assets can be a pivotal moment for an individual in their financial journey. Whether it is a family home, real estate, or any other valuable property, it is a warm reminder that you are a loved and important person for someone to leave behind something. What may sour this feeling is the tax implications that may occur once you have received it. 

BITS Pilani’s technology business incubator, Pilani Innovation and Entrepreneurship Development Society (PIEDS), has introduced the inaugural edition of its startup initiative, “Womenpreneur for Bharat 1.0". 

Taylor Swift, one of the most globally acclaimed American music artists is reigning on top of the charts in Australia. As per reports, her latest re-recorded album “1989 (Taylor’s Version)” is safely perched at the number one position in the country for an entire month which makes this her longest number one reigning re-recorded album as compared to her previous ones. Swift released this re-recorded version of her album “1989” in October this year much to the excitement of her fans.

Climate negotiators at COP28 may bolster carbon trading when they decide on rules for a new United Nations-overseen emissions market that can lower the cost of fighting global warming.

European shares struggled for traction after the latest economic data highlighted Germany’s struggle to recover from an energy-induced downturn last winter and the mounting impact of higher borrowing costs.

The delayed OPEC+ meeting next week will be held online instead of in-person as the cartel wrangles over production levels amid a slump in oil prices.

China and the United States are leading the development of AI, which many researchers and global leaders think will transform the world and revolutionise society in a way similar to the introduction of computers in the late 20th century.

Surya Kiran' between India and Nepal started in Pithoragarh, Uttarakhand on Friday. The annual exercise, which is conducted alternately in the two countries, will conclude on December 7, 2023, the Defence Ministry said in a statement.

United States has announced a new policy that will come into effect starting November 27. Under this policy change, all applicants for F, M, and J student visas will be required to add their own passport details when creating a profile and scheduling their visa appointment. Individuals who have generated a profile or booked an appointment with an incorrect passport number will not be accommodated at the Visa Application Centers (VAC).

warehousing hub to express distribution and supply chain management company Allcargo Gati Limited (formerly GATI). The company has launched a state-of-the-art and tech-enabled Surface Transhipment Centre and Distribution Warehouse (STCDW) at Mayasandra, Hobli, on the outskirts of Bengaluru, Karnataka. Strategically located at just 5.5 Km away from NH 44 (Bengaluru-Hosur Highway) at the border of Tamil Nadu and Karnataka, the STCDW is spread over 3.5 lakh sq.

Paytm, in a large block deal on Friday, November 24. Berkshire Hathaway sold 1.56 crore shares or 2.5 per cent of equity worth nearly ₹1,370 crore at an average share price of ₹877.29, according to NSE data. Buffett had picked up a 2.6 per cen stake in Paytm in 2018, investing nearly ₹2,200 crore, valuing the leading fintech giant at $10–12 billion, according to reports.

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BEIJING — Chinese electric car company BYD said Friday that it launched its flagship Han sedan in the United Arab Emirates this week.

A court in Montenegro’s capital, Podgorica, has approved the extradition of Do Kwon, the founder of Terra, to either South Korea or the United States. 

Droupadi Murmu on Friday said it is the duty of civil servants to respond promptly to the grievances of the people besides adopting innovative measures beneficial for citizens. Addressing a group of officer trainees who had called on her at the Rashtrapati Bhavan here, the president said the feedback of the public on various government schemes and projects is now considered very important for an efficient and accountable administration. At a time when people can post their grievances instantly on social media, the need to use updated governance tools and advanced technology for service delivery to people has increased manifold, she said.

Congress leader Jairam Ramesh on Friday alleged that the highest unemployment rate in the country is in Telangana. Jairam Ramesh, who spoke to reporters at Khammam, said one of the major reasons for creating Telangana is to ensure employment to the youth. «But, what do we see after 10 years (after formation of Telangana).

NSE and BSE will be closed for trading on Monday, November 27 on account of Gurunanak Jayanti. Accordingly, all the segments including, the equity segment, derivative segment, and SLB segment will not trade. Commodity exchange MCX will also be closed during the morning session but will open for trading in the evening session between 5 pm and 11:30 pm. The country's largest agricultural commodity exchange NCDEX will remain closed for trading in both sessions.

European Union’s $100-billion scientific research program, called Horizon Europe.Trudeau offered little detail about Canada’s participation in the pact this evening as he welcomed the top two heads of the EU to Newfoundland and Labrador’s capital city of St. John’s for the 19th EU-Canada Summit.Trudeau also said during his opening speech that Canada has worked out a deal to build water bombers and ship them to the EU, after both regions faced devastating forest fires this past summer.European Council President Charles Michel says the two-day summit comes at a difficult geopolitical time, as war continues in Ukraine and Israel and Hamas fight in the Gaza Strip.He says the unrest underscores a need for Canada and the EU, two long-standing allies, to work together on issues from peace and security to fighting climate change.Trudeau is expected to hold formal meetings on Friday with Michel and European Commission President Ursula von der Leyen.Ottawa and Brussels started negotiations a year ago on Canada joining the Horizon Europe scheme, with the initial goal of signing an agreement this past spring that would be in place this calendar year.The program has seen countries such as New Zealand and Israel sign up for research projects partially funded by the EU, involving themes like the digital industry, health care and climate innovation.Entrepreneurs from the St.

Reducing import duties on inputs and capital goods could help the government cut down the need for many of the existing export schemes, think tank GTRI said on Friday. This would be an important step as India continues to face challenges in managing these incentives within the framework of international trade laws, it said. The Global Trade Research Initiative (GTRI) said that many countries, including major trade partners of India like the European Union (EU) and the US continue to declare Indian schemes as subsidies and “punish” exporters by charging countervailing duties. America and the EU account for over 20 per cent of the country’s total outbound shipments.