Country Financial News
27.10 / 17:01
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International
Canada just announced new measures to protect international students from fraud
Canada, a long favored destination for international students, known for its high-quality educational institutions, inclusive society, and post-graduation opportunities, has recently been in news for all the wrong reasons. From student visa fraud, to fake university letters, many Indian students have become victims.
27.10 / 16:19
Citi
Parke
country
Museum to showcase rich architectural traditions of temples to come up in Ayodhya, 25 acres land identified: Sources
rich architectural traditions of Indian temples will be built in Ayodhya and 25 acres of land has been identified for the project following a suggestion from Prime Minister Narendra Modi that the city should take up projects to ensure an extended stay of pilgrims visiting the Ram temple. Modi made the suggestion to senior functionaries of the Shri Ram Janmabhoomi Teerth Kshetra trust who met him on October 25 to invite him for the consecration ceremony at the under-construction Ram temple on January 22.
27.10 / 16:05
27.10 / 15:33
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India's forex reserves decline $2.36 billion to $583.5 billion: RBI Data
RBI. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. Gold reserves were up by USD 1.85 billion to USD 45.42 billion during the week, the RBI said.
27.10 / 14:15
Assurant
country
India requests Mozambique to expeditiously clear tur dal consignments at ports
India, which is dependent on pulse imports to meet the domestic shortages, on Friday flagged its concern over the delay in tur (pigeon pea) dal shipments from Mozambique and requested the African nation to expeditiously clear consignments at its ports. Consumer Affairs Secretary Rohit Kumar Singh discussed trade-related issues pertaining to tur dal in a meeting with Mozambique High Commissioner Ermindo A Pereira here.
27.10 / 13:35
27.10 / 13:23
Provident
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Southern
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cover
travelers
French jets join NATO drills in Romania to bolster defence
Romanian Air Force after thundering through the sky above the Fetesti air base, as NATO bolsters its military presence in member country Romania, bordering Ukraine. Following Russia's invasion of Ukraine in February 2022, NATO has stepped up its efforts to boost the alliance's southeastern flank defences by sending additional battlegroups to the region. NATO has also intensified its joint drills along the defence bloc's wider eastern flank — which encompasses eight member countries — spanning from Estonia and Latvia bordering Russia in the east to Romania and Bulgaria on the Black Sea. The most recent joint exercise in the region — held between October 16 to 20 — for the first time brought together French and Romanian airmen and their planes.
27.10 / 13:23
Remark
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pandemic
Uncharted
Celebrity
country
IndiQube’s Trailblazer: Meghna Agarwal’s Path to Profitability
In the era marked by the remarkable strides of women in various fields, the spotlight is increasingly turning towards those who are not only making significant contributions but also championing the cause of gender equality. This year’s Nobel Prize in Economics, awarded to Claudia Golden of Harvard University, is a powerful testament to the ongoing global conversation on women’s role in the workforce.
27.10 / 13:23
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Ambani siblings on board: Why India Inc needs more young people at the top
Reliance Industries have approved appointment of Chairman Mukesh Ambani's son Anant Ambani, along with his elder siblings Akash and Isha, as non-executive directors on the company board. At 28 years of age, Anant, three years younger than his two siblings, was seen as too young for the role. Institutional Shareholder Services Inc., an international proxy advisory firm, and Mumbai-based Institutional Investor Advisory Services had recommended that shareholders vote against the proposal of Anant Ambani's appointment on the board. Reliance had told the proxy companies that Anant has “the relevant experience and maturity to add value to the board deliberations” given his participation in the conglomerate’s businesses and the grooming he has received from senior leadership over the years.
27.10 / 13:01
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Debate over 70-hour workweek in India heats up
At the same time though, flexibility needs to go hand-in-hand with accountability and responsibility – and workers need to put in that extra effort and work to take the economy forward, HR heads, startup founders, business advisors and consultants told ET. Infosys founder NR Narayana Murthy recently said on 3one4 Capital’s podcast that Indian youngsters need to work up to 70 hours a week to improve work productivity and enhance the country’s competitiveness on a global scale. The comment has stirred up a heated debate in social media and corporate circles, with the likes of Ola CEO Bhavish Aggarwal voicing his support, while some others on social media platform X have called it a ‘sweatshop attitude’. Many feel that working as much as 70 hours a week will take a toll on not just work-life balance but also mental and physical health. “After a while, the person may not remain intellectually alert.
27.10 / 13:01
Hollywood
track
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pop
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Notts Country: Is Taylor Swift buying the football club?
Taylor Swift buying Notts County, League Two club owners have responded by smashing the hopes of Swifties. The speculations started when Weekend Sport newspaper has reported Swift wanted to buy the football club by following the footsteps of Hollywood stars Ryan Reynolds and Rob McElhenney who have bought fellow League Two club Wrexham. Reedtz brothers who currently own Notts Country responded to the rumours by using Swift’s top hits. The statement issued by the duo said: «As sorry as we are to disappoint the Swifties in our fanbase, we're going to have to shake this story off.
27.10 / 13:01
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ONDCP Director Dr. Rahul Gupta talks to Prof. Ishan Shivanand about the US-India strategic partnership to tackle drug overdose
During a podcast discussion with Prof. Ishan Shivanand, Dr. Rahul Gupta, Director of the White House Office of National Drug Control Policy expands on the Global Coalition to Address Synthetic Drugs and the strategic partnership between India and the US to beat the overdose epidemic.
27.10 / 12:33
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Oil: Which Is More Likely First for US Crude - $75 or $95?
The escalation and de-escalation of the Israel-Hamas war has led to on-again, off-again risk premium for oil
27.10 / 11:23
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JP Morgan upgrades India to ‘overweight’; advises buying on dips
general elections. It further noted that India offers the strongest emerging market (EM) nominal GDP compounding (demographic trends, infrastructure investment needs) and has competitive risk-adjusted returns to developed market (DM) equities. A deeper domestic bond market should support lower risk premia, it added.
27.10 / 11:15
Cooper
Pool
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country
Your Questions Answered: How do I grow my wealth with Shariah-compliant investment options?
Alizeh, please note that there are limited Shariah-compliant investment options available in India. Here are some:
27.10 / 10:42
Progressive
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Southern
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evacuation
Adani Energy Solutions commissions Karur Transmission project
Adani Energy Solutions on Friday said it has successfully commissioned the Karur Transmission project, which will facilitate electricity evacuation from Karur/Tiruppur Wind Energy Zone. The project includes the establishment of the 400/230 kV, 1000 MVA Karur Pooling Station and an associated transmission line spanning 8.51 circuit kilometers (CKM) in Tamil Nadu, a company statement said. With a transformation capacity of 1,000 MVA, this project will facilitate the evacuation of power from renewable sources in the Karur/Tiruppur Wind Energy Zone, the statement said.
27.10 / 10:33
27.10 / 09:33
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Huawei's revenue barely rose in the third quarter, despite phone and car sales growth
BEIJING — Chinese tech giant Huawei reported revenue figures Friday that showed only a 1% increase in the third quarter from a year ago, according to CNBC calculations.
27.10 / 09:25
Airlines
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country
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travelers
Indian will now have to pay over Rs 94,000 in tax when traveling to El Salvador
El Salvador has introduced a $1,000 (Rs 83,240) fee for passengers traveling from Africa or India as part of its efforts to address irregular migration through the Central American nation, according to a Bloomberg report. The decision, announced by El Salvador's port authority on October 20, mandates that individuals using passports from India or more than 50 African nations will be subject to this fee. The collected funds are earmarked for the enhancement of the country's primary international airport.
27.10 / 09:25
Citi
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Platform
Everest
country
testing
services
Ride-hailing platform Rapido drives into cab services lane
Rapido is now expanding into the cab market. The company has been piloting cabs in Hyderabad for a few months now, and is at an “advanced test stage”, a spokesperson for Rapido told ETtech. “We’ve gotten a fantastic response so far and it has given us confidence about the model working out,” the spokesperson claimed, declining to comment on the expansion of cab services to other cities or the timeline.
27.10 / 09:05
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