Country Financial News

SHANGHAI/BEIJING (Reuters) — China will promote a sustained economic recovery, focusing on expanding domestic demand, while fending off financial risks, People's Bank of China Governor Pan Gongsheng said in a report published on Saturday.

By Asif Shahzad and Mubasher Bukhari

Enforcement Directorate (ED) has claimed that the promoters of the Mahadev Book app made Rs 450 crore per month by offering illegal bets through a cache of online applications. In its prosecution complaint (PC), equivalent to a charge sheet, it said that a sizeable portion of the said amount has been invested in the Indian stock market through the Foreign Portfolio Investment (FPI) route. The ED, which has pegged the scam at over Rs 5,000 crore, has repeatedly summoned the main accused Sourabh Chandrakar and Ravi Uppal, even securing non-bailable warrants against them and writing to the nodal agency (the CBI) with a request to issue a Red Corner Notice against both.

Celta de Vigo and Atlético de Madrid, we've got all the essential details you need to catch the action live. From match times in various countries to where you can watch it, this article has you covered. So, get ready for a football showdown that promises to be thrilling. Celta vs Atletico Madrid: Where to Watch Celta vs Atlético de Madrid? When it comes to catching this LaLiga matchup, you have a few options:

Israel-Hamas war becoming a wider conflict. Egyptian President Abdel-Fattah El-Sisi said he'd agreed with US President Joe Biden that the Rafah crossing should be open “sustainably.” The Israeli Defense Force said it was responding with live fire on Saturday to a number of launches made toward Israel by Lebanon. Lebanon's state-run National News Agency reported earlier that Israel's military struck a village near the countries' border. Switzerland's top prosecutor announced the start of a criminal investigation into alleged payments made to Hamas weeks before the attacks on Israel, the Swiss public broadcaster reported on Saturday. Attorney General Stefan Blaettler said the accusation centers on financial support to a terrorist organization, while declining to say who the proceedings are directed against. Egypt opened its crisis summit in Cairo with the leaders of Italy, Qatar, the United Arab Emirates, Jordan and South Africa among those on hand, as well as senior officials from the EU, Turkey, Russia and China.

Eyes partner Canada in urging India not to insist on a reduction in Canada's diplomatic presence and have expressed concern over Ottawa's withdrawal of 41 diplomats amid the dispute over the murder of Khalistani terrorist Hardeep Singh Nijjar. «We are concerned by the departure of Canadian diplomats from India, in response to the Indian government's demand of Canada to significantly reduce its diplomatic presence in India,» US State Department spokesperson Matthew Miller said on Friday. In a near simultaneous statement, a spokesperson for Britain's Foreign Office said, «We do not agree with the decisions taken by the Indian government that have resulted in a number of Canadian diplomats departing India.» Washington has said it took Canada's allegations seriously and, along with London, urged India to cooperate with Ottawa in the murder probe even as Western powers have been reluctant to openly condemn India given their growing strategic ties with New Delhi. However, Friday's statements from the US State Department and Britain's Foreign Office have been the most direct criticism by Washington and London of New Delhi thus far in this case. «Resolving differences requires diplomats on the ground.

Manchester United legend and a key figure in England's 1966 World Cup victory, Sir Bobby Charlton died on Saturday at the age of 86. He appeared in 106 matches for England and scored 49 international goals and set a record for his country at the time. He won three league titles, a European Cup and an FA Cup for Manchester United.

Sharif was convicted, and subsequently forced to stay in self-imposed exile in London. This is also the second time when Sharif has ended his self-imposed exile and returned to his homeland. The first instance goes back to 2007.

Modi on Saturday said his government did several «pending» works in the last ten years including the abrogation of Article 370, implementation of Goods and Services Tax (GST), one-rank-one-pension (OROP) scheme for the defence forces, banning of triple talaq and the introduction of women's quota in legislatures. He was speaking at the 125th foundation day of Scindia School here. He also released a commemorative postage stamp on the school, which is located inside the Gwalior fort.

As politicians pitch tighter regulations on the short-term rental market as a path to housing affordability in Canada, there is renewed debate about whether tougher crackdowns on Airbnb and others like it will make a notable improvement.

Prime Minister Narendra Modi asserted on Saturday that the country is heading towards becoming a developed nation in the next 25 years and appealed to the youth to be active participants in this journey. The world is your oyster, he said, and encouraged the young to undertake nine tasks for welfare of the poor and protection of the environment. Addressing students and alumni of the Scindia School in Gwalior on the 125th foundation day of the institution, the prime minister said when he took over in 2014 he could have drawn plans for the short term of a decade but chose to work for the growth of the country in the coming decades.

Canada withdrawing 41 of its diplomats from India amid a diplomatic row between the two countries after the killing of a Sikh separatist, consultants and agents in Punjab apprehend delay in processing of visa applications for that country. Prospective students from Punjab may bear the brunt because of the likely delay in visa, they fear.

Movement Against Anaemia" campaign have emphasised the need for comprehensive and multi-lateral action to curb the high prevalence of anaemia in India. The health movement campaign was jointly launched by the Integrated Health and Wellbeing Council, a health think-tank, and Aishwarya Healthcare, a pharmaceutical firm, on Friday to counter the rise in anaemia in the country and create relevant awareness on the same.

Maryam Nawaz on Saturday said the return of her father Nawaz Sharif to Pakistan after four years was the «biggest day» of her life and predicted that the country will see the former prime minister staging another comeback in politics. Sharif, 73, returned home on Saturday on a special flight after a four-year self-imposed exile in the UK to head his party in the general elections expected to be held in January. The 73-year-old Pakistan Muslim League-Nawaz (PML-N) supremo flew in from Dubai to Islamabad on the 'Umeed-e-Pakistan' chartered plane.

Kotak Mahindra Bank, Ashok Vaswani was CEO at Citigroup Asia Pacific and a Member of the Citigroup Global Operating and Management Committees. He also built and ran various country and regional businesses across geographies. The international banker “brings with him significant exceptional experience with a high degree of compliance and industrial strength across Corporate and Consumer businesses," the company release said.

alliance. Dispute between Congress and SP over seat-sharing in MP elections turned ugly when politicians engaged into war of words to malign each other's image. In a recent incident, a senior SP leader lashed out at Congress leader Rahul Gandhi and even called him “crazy dimwit." Samajwadi party leader IP Singh, on Saturday, launched a personal attack on Waynad MP and said that Gandhi failed to unite with his own brother Varun Gandhi.

Pakistan after 4 years and I am feeling very happy with the grace of Allah. It would be great if the situation in Pakistan was better today than it was in 2017," Nawaz Sharif said before boarding a flight from Dubai as per news agency ANI. PML-N has made elaborate arrangements to extend a hearty reception to the former Prime Minister.

climate «loss and damages» ahead of COP28 ended in failure Saturday, with countries from the global north and south unable to reach an agreement, according to sources involved in the talks. The agreement to set up a dedicated fund to help vulnerable countries cope with climate «loss and damage» was a flagship achievement of last year's COP27 talks in Egypt. But countries left the details to be worked out later.

GOCL Corporation has bagged a Rs 766 crore order from state-owned Coal India Ltd (CIL) to supply explosives. The order will be completed over the period of two years — from October 2023 to October 2025, the company said in a statement on Friday.

Gaza. By the time Israel issued its denial, though, details had ceased to matter. The catastrophe had sparked protests in the West Bank and Jordan, and as far away as Tunisia.

general elections followed by the dissolution of National Assembly. On October 6, a fresh medical report of the former premier was submitted to the Lahore HC, stating that Nawaz needs nonstop monitoring owing to residual cardiac disease symptoms.