Country Financial News

Wendy Luther was a Vancouverite, through and through. She was born in the city, went to university there and, like many get-up-and-go West Coasters, she embraced the great outdoors with gleeful abandon as a mountain biker, skier and competitive sailor and coach.

Amit Shah on Friday directed National Cooperative Consumers' Federation (NCCF) to change its business approach to achieve a turnover of ₹50,000 crore by 2027-28. Shah, addressing the Board of Directors of NCCF here, said the NCCF should prepare a roadmap for the next 10 years to become a self-reliant cooperative institution. «He said the Ministry of Cooperation will provide its full support to NCCF in implementing such a roadmap,» an official statement said.

Sequoia Financial Group is acquiring M Capital Advisors, a Nashville, Tennessee-based RIA that oversees $930 million in assets, the firm announced Friday.

Ottawa has suspended in-person services at its consulates in India after the federal government pulled 41 diplomats out of the country.

India is poised for a remarkable transformation. Its urban population is projected to surge from today's 450 million to a staggering 800 million in the next 25 years. Urban GDP is expected to rise from 60% to 80%.

movie theatres after the Covid interval, dispelling fears they would continue to seek their entertainment only from streaming platforms in the comfort of the couch. Companies running theatre chains are reporting strong numbers based on geographical spread. PVR Inox, for one, delivered its best quarterly results ever of a net profit of ₹207 crore.

India’s “military presence” in Maldives is a myth created by incoming President Mohammed Muizzu and former President Abdullah Yameen, as just a handful of Indian military personnel in the Indian Ocean Region state are stationed for training Maldivian armed forces, according to people with knowledge of the matter. Two Indian Dhruv advanced light helicopters are operating in Male and the country has given a Dornier aircraft to the Maldives National Defence Force (MNDF) on condition that while it will operate under the command and control of the MNDF while its running cost will be borne by India, said the people. They said the Dornier aircraft has since been assisting in joint surveillance activities by India and the Maldives of the exclusive economic zone of the Indian Ocean Region nation. However, India meets 70% of the defence training requirements of the MNDF, having trained more than 1,500 of its personnel over the past decade, said one of the persons, who did not wish to be identified. In February 2021, India had extended a $50 million line of credit to the Maldives for defence projects. It also signed a deal to construct and maintain a naval facility.

RIO DE JANEIRO (Reuters) — Brazil's federal police on Friday arrested two intelligence officials from the country's spy agency Abin for allegedly using phone hacking tools without judicial approval.

By Polina Devitt and Amy Lv

R K Singh said. The minister for power, new and renewable energy made the remarks during a meeting with the green hydrogen developers on October 19, an official statement said on Friday.

New Delhi: The finance ministry is looking at ways to bring down government debt and is monitoring the debt reduction measures taken by emerging market economies, finance minister Nirmala Sitharaman said on Friday. While India’s public debt is not as high as other major economies’, it needs to be tackled with a sense of responsibility so that the future generations don’t feel its burden, she told the Kautilya Economic Conclave. “Data about some emerging market countries, about how they are managing their debt, is something which is actively in our minds in the ministry," Sitharaman said.

Gale winds flowing due to the storm also impacted air travel in several countries. At Lee Bradford airport in northern England a passenger plane skidded off the runway as it tried to land in strong winds.

₹2,773 crore net profit for the September quarter against a net loss in the same quarter last fiscal. The Mumbai-based steel manufacturer reported a 6.71% year-on-year increase in its consolidated revenue from operations to ₹44,584 crore. Consolidated earnings before interest, taxes, depreciation, and amortization (Ebitda) stood at ₹7,886 crore, with an Ebitda margin of 17.7%.

New Delhi: Russia is considering a formal Indian request to expand the list of Indian suppliers for buffalo meat, seafood and other livestock products amid ongoing talks to open mutual access for agricultural products, Russian trade commissioner Alexander Rybas said. The two countries, Rybas said in an email interview, are also discussing the development of the Northern Sea Route (NSR) to serve as an alternative transportation route for goods to Asian markets. Edited excerpts: Russia and India have been conducting long-term negotiations on the mutual opening of access to crop and animal husbandry products.

Justin Trudeau said on Friday the Indian government's crackdown on Canadian diplomats was making normal life difficult for millions of people in both countries. Trudeau spoke a day after Canada said it had withdrawn 41 diplomats following an Indian threat to unilaterally revoke their status. New Delhi is angry that Trudeau last month suggested Indian agents might have been involved in the June murder of a Sikh separatist leader in Canada. «The Indian government is making it unbelievably difficult for life as usual to continue for millions of people in India and in Canada.

Israel-Hamas war. Armed factions close to Iran have threatened to attack US interests in Iraq over Washington's support for Israel since Hamas militants killed more than 1,400 people in a shock cross-border attack from Gaza on October 7. Israel's retaliatory bombardment of Gaza has killed more than 4,100 people, according to its Hamas-controlled health ministry. «We can confirm a rocket attack on US and coalition forces at the Baghdad diplomatic support centre, near the Baghdad international airport, occurred Friday at approximately 2:50 am» (2350 GMT Thursday), a Pentagon official said. «Initial assessments indicate two rockets were fired. One was intercepted by acounter-rocket system and the other impacted an empty storage facility.

MGNREGA funds for West Bengal will be issued when the Centre is satisfied with the «transparency» in the implementation of the scheme, Union Rural Development Minister Giriraj Singh said on Friday amid an ongoing tussle between the state and the Centre on the issue. At a press conference on the achievements of the Rural Development Ministry here, the minister was asked about the West Bengal government's allegation that funds for the rural development scheme have not been released to the state for almost two years.

Manchester United is gearing up to face Sheffield United in the upcoming Premier League fixture this Saturday. Under the guidance of Erik ten Hag, United has faced some challenges at the beginning of the season. However, they were able to clinch a dramatic victory over Brentford just before the international break.

Israel's bombardment of Gaza after nearly two weeks of intense air and artillery strikes that authorities there say have killed 4,100 people. Israel is gearing up for a ground war in the tiny, crowded Palestinian enclave aimed at eradicating Hamas, the militant Islamist group that rampaged into Israeli towns on Oct. 7, killing 1,400 people and seizing hostages.

PTI. "India remains standout overweight. We increase our overweight stance on Indian equities and as our most-preferred emerging market," PTI quoted a brokerage note as saying on Friday.

Rahul Gandhi’s suspension over the Modi surname defamation case, the Congress leader also said that whoever speaks against the industrialist becomes an enemy of the country. "When Rahul Gandhi too raised a question about that specific industrialist, action was taken against him," Adhir Ranjan Chowdhury said. According to BJP MP Nishikant Dubey's complaint to the Parliament Ethics Committee, Advocate Dehadrai had provided him proof of TMC MP Mahua Moitra's involvement in the alleged 'cash for query' scandal i.e., Mahua Moitra took money and gifts for asking questions on Gautam Adani that allegedly came from businessman Darshan Hiranandani.