Country Financial News

18.10 / 13:27

economy Enterprise Deloitte country innovations reports India to grow at 6.5-6.8 pc this fiscal; festive, govt spending to drive growth: Deloitte

Deloitte India on Wednesday said it expects GDP growth in the current fiscal to be in the range of 6.5-6.8 per cent primarily due to upcoming festive spending as well as higher government expenditure before the national elections mid-next year. In its India economic outlook report, released earlier this month, Deloitte said India will need at least 6.5 per cent growth every fiscal to become the world's third largest economy by 2027, with its Gross Domestic Product (GDP) crossing USD 5 trillion.

18.10 / 13:17

Citi Target Reuters Cooper Action country hospital OPEC plans no immediate action after Iran urges Israel oil embargo, sources say

By Elwely Elwelly and Ahmad Ghaddar

18.10 / 12:57

UPS Citi country NewsClick row: SC to hear on Oct 19 pleas of founder Purkayastha, HR head Chakravarty against arrest in UAPA case

Prabir Purkayastha and its HR head Amit Chakravarty against their arrest under anti-terror law UAPA, after the Delhi High Court refused to grant them any relief. A bench of Justices BR Gavai and Prashant Kumar Mishra, which took up the petitions, told senior advocates Kapil Sibal and Devadatt Kamat, appearing for Purkayastha and Chakravarty, respectively, that it needs to peruse the pleas. «We need to go through the files.

18.10 / 12:57

Reuters Extreme Manufacturing Racing show country reports Grab Chinese chip equipment makers grab market share as US tightens curbs

China's semiconductor industry, Chinese manufacturers of tools used to make chips are benefiting, with orders from the country's foundries accelerating in recent months. Domestic equipment manufacturers, such as toolmaker Naura and etching equipment maker AMEC, are winning a much higher proportion of tenders from Chinese foundries than in previous years, as chipmakers race to replace foreign-made equipment with domestically made alternatives, research showed.

18.10 / 12:20

Target Action economy Align country testing Crude Oil: Will Israel-Hamas Conflict Escalation Fuel a Surge Past $100?

In recent weeks, the Middle East has plunged into its most significant conflict in decades. The catalyst for Israel's military action was a series of brutal Hamas terrorist attacks and rocket fire, primarily affecting civilians.

18.10 / 12:17

UPS Nov country Inside prevention Coal India board meeting on Nov 10 to consider dividend, Q2 results

Click here! Coal India further said the company has already closed its “trading window" under “the code of internal procedures and conduct for prevention of insider trading in securities of Coal India Limited" from September 23, 2023 and it will re-open on November 14, 2023. Separately, the company in an exchange filing said the supplies to thermal power plants shot up close to 6% to 23.5 million tonnes (MTs) during the first fortnight of October 2023 ahead, of the festive season.

18.10 / 12:17

UPS Digital performer country reports UTI AMC Q2FY24 earnings: Net profit drops 9% to ₹183 crore; AUM up 16.89%

₹183 crore compared to the net profit of ₹200 crore recorded in the same period of last year. Seen sequentially, the net profit came in lower by 22%. The consolidated revenue from operations stood at ₹404.06 crore in Q2FY24, down from ₹435 crore recorded in Q2FY23 and ₹467.77 crore delivered in the preceding June quarter.

18.10 / 12:17

Provident WhatsApp country Peak XV invests $35 million in Neo Asset Management

₹300 crore) in a growth round from Peak XV Partners, erstwhile Sequoia Capital India & SEA. Neo will use the capital to catalyze growth initiatives, develop and expand its wealth management business, deepen the asset management franchise, and help attract top talent. Neo, which was launched in 2021, claims to have more than 1,000 clients across HNIs (high-net-worth individuals), UHNIs (ultra-high net worth individuals) and multi-family office segments.

18.10 / 12:17

Provident Lowe's country social information reports pension MCGPI 2023 unveils enhancements in India's pension system. Details here

employee provident fund (EPFO), and predominantly DC-based supplementary employer-managed pension schemes. Government initiatives have been introduced as part of a universal social security program aimed at benefiting the unorganized sector.

18.10 / 11:35

FIVE Progressive show country information 2020 Tax the rich? It would be far better to improve the whole taxation system

“Tax the rich” has been a popular rallying cry for many people who feel victimized, entitled or have a weak understanding of how Canada and other countries tax their residents and redistribute income.

18.10 / 11:29

UPS Provident Manufacturing President country innovations International Ahead of 6th session of ISA Assembly, International Solar Alliance puts focus on affordable finance

International Solar Alliance on Wednesday held the curtain-raiser for the 6th session of the International Solar Alliance Assembly, scheduled to be held from October 30-November 2. At the event in Delhi, RK Singh, Minister of Power and New & Renewable Energy and the President of the ISA, said the rate of growth of renewable capacity in the country has perhaps been one of the highest in the world, if not the highest. The association has been working on various projects to ensure affordable access to solar power around the world.

18.10 / 11:29

Manufacturing economy President country reports Domestic hydrogen equipment market to touch USD 50 billion by 2030: India Hydrogen Alliance

India Hydrogen Alliance (IH2A) on Wednesday said it expects the domestic hydrogen equipment manufacturing and services market to reach USD 45-50 billion by 2030. This market assessment includes all hydrogen production plant equipment, including electrolyser and balance-of-plant equipment, that can be deployed in India and exported from to countries in Asia, the Middle East and Africa, IH2A said in a report.

18.10 / 11:05

BLOCK Reuters economy NVIDIA track country stars China rebukes US over latest chip restrictions

By Brenda Goh and Josh Ye

18.10 / 11:05

COST Strategy Starbucks country gossips Starbucks launches smaller cup size in China as competition grows

By Sophie Yu and Brenda Goh

18.10 / 10:49

FIVE Remark love country gay lesbian prevention Same-sex marriage will one day become reality, says India's fastest woman Dutee Chand

Dutee Chand has expressed optimism that the same-sex marriage will become a reality one day. Chand made the remark while expressing her views on the apex court's judgment on the legality of same-sex marriage. A five-judge constitution bench of the Supreme Court on Tuesday unanimously refused to accord legal recognition to same-sex marriage under the Special Marriage Act, ruling that it is within Parliament's ambit to change the law for validating such union.

18.10 / 10:49

Citi Cooper Progressive Racing country gatherings India-Vietnam strategic partnership a "source of security, stability and progress in the region": EAM Jaishankar

S Jaishankar on Wednesday said the comprehensive strategic partnership between India and Vietnam was emerging as a «source of security, stability and progress in the region.» Jaishankar was speaking when he visited the Indian sail training ship INS Sudarshini, which was on a port call coinciding with his four-day official visit to Vietnam. «Vietnam is the only nation to which India has gifted a fully operational missile corvette INS Kirpan.

18.10 / 10:49

Citi Entertainment Marvell country reports Department India's tech capital Bengaluru may have country's tallest Skydeck in the form of banyan tree

Bengaluru's deputy chief minister DK Shivakumar has now proposed the construction of a 250-meter tall skydeck in the city. As per a TOI report, if approved, this skydeck will become the tallest viewing tower in India. On Tuesday, Shivakumar, who is also the Bengaluru development minister, discussed the project's financial feasibility and land requirements.

18.10 / 09:17

Provident Platform Software Enterprise country voice innovations services Centre Airtel launches Airtel CCaaS for integrated contact centre services

Bharti Airtel has launched an integrated omni-channel cloud platform called Airtel CCaaS (contact centre as a service) under its Airtel IQ vertical, it said in a statement Wednesday. The new platform gives end to end solutions for contact centres including voice, cloud, and software.

18.10 / 09:17

Nov pandemic President country Govt expects over Rs 75,000 crore investment during World Food India to be held from Nov 3-5

World Food India to be held from November 3-5 in the national capital. The first edition was held in 2017, but in consecutive years the international event could not be organised due to the COVID-19 pandemic, it said. «We have requested Prime Minister (Narendra Modi) to inaugurate World Food India (WFI) 2023 to be held at Pragati Maidan here.

18.10 / 09:01

UPS AXY Strategy country reports How Israel-Hamas war fuel border sectarian rivalries in the Middle East?

Israel-Hamas war's outset, reports indicate that up to 2,778 Palestinians have lost their lives and at least 1,400 Israelis and foreign nationals have been killed in Israel. Although the Palestine issue has long been at the core of regional geopolitics, the recent focus on geoeconomics in the region could face significant challenges in the future.

18.10 / 08:23

Citi Provident Cooper Progressive country hospital travelers Dubai: Uttarakhand CM Pushkar Singh Dhami signs MoUs worth ₹11,925 crore

₹11925 crore were signed with various industry groups on the first day in Dubai. Uttarakhand Minister Dhan Singh Rawat was also present on the occasion.

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