Country Financial News
15.10 / 16:01
Extreme
Action
country
EU leaders to hold emergency virtual summit on Middle East on Tuesday
Hamas attacks on Israelis and Israel's response. Michel said the bloc stood in «full solidarity» with the people of Israel after the «brutal terrorist attacks» of a week ago. In an invitation letter to EU leaders, Michel said Israel had the right to defend itself in compliance with international law. He said the siege of the Gaza Strip was raising alarm bells in the international community, prompting him to convene a video conference meeting on Tuesday at 1730 CET (1530 GMT). «It is of utmost importance that the European Council, in line with the treaties and our values, sets our common position and establishes a clear unified course of action that reflects the complexity of the unfolding situation,» he wrote. Michel said the EU had to be an advocate of peace and respect for international law and should seek to avoid a regional escalation of the situation. Michel said the conflict had the potential to feed extremism in EU societies and could prompt migration and movements of a large number of people to neighbouring countries.
15.10 / 16:01
UPS
Lowe's
Celebrity
country
blues
Team India's victory celebrations: Quiet dinner, music and much-needed rest
Pakistan on Saturday, which called for celebrations. But for Rohit Sharma's men, all that can wait till November 19 as there's a long way to go in the ongoing World Cup. While the entire country was jubilating, the architects of the victory decided to keep it low key as a good beginning is only half the job done.
15.10 / 15:55
15.10 / 15:55
UPS
economy
show
country
information
reports
Oil: Bull Case Limited in Near Term, OPEC Scaremongering Infinite
At a journalism clinic I hosted in Asia some years back, one of my pleas was “don’t throw the entire kitchen sink at the story”.
15.10 / 15:55
UPS
Target
economy
Boeing
country
reports
week
Top 5 things to watch in markets in the week ahead
Investing.com — Geopolitical tensions remain to the fore, while earnings and U.S. retail sales data will give an insight into the health of the consumer. Federal Reserve Chairman Jerome Powell is to speak while economic data out of China and the U.K. will be closely watched. Here’s what you need to know to start your week.
15.10 / 14:47
Provident
Death
country
reports
shock
Punjab CM expresses anguish over no guard of honour for Agniveer Amritpal Singh
Punjab Chief Minister Bhagwant Mann on Sunday expressed anguish over the Army not giving a guard of honour during the last rites of Agniveer Amritpal Singh who died in Jammu and Kashmir on October 11. The chief minister also said that he would raise the issue with Army officials. A row erupted recently over the issue of Amritpal not being accorded a military funeral, with political parties expressing shock over the matter.
15.10 / 14:47
Extreme
President
Experts
track
country
testing
travelers
end
Israel-Hamas war upends China's ambitions in the Middle East but may serve Beijing in the end
Xi Jinping hosted the Palestinian president in Beijing and invited the Israeli prime minister for an official state visit. Benjamin Netanyahu accepted, and China was on track for a bigger role in the region.
15.10 / 13:07
UPS
BLOCK
Manufacturing
Micron
country
electronic
First semicon fab expected within a year, focus on components where India can lead: Vaishnaw
Aswhini Vaishnaw. The government has initially earmarked USD 10 billion incentive for setting up a semiconductor manufacturing ecosystem in the country including a wafer fabrication plant. The wafer fabrication plants are the first building block of physical chips that are used in all high-tech electronic products.
15.10 / 13:07
UPS
CEO
economy
track
country
reports
Adani Ports confident of making $650 million foreign currency bond prepayments by Feb: Karan Adani
Adani Ports & SEZ is “confident” of repaying by Feb 2024, the $650 million of foreign currency bonds that are maturing next year, its CEO said Sunday. “We have already prepaid $120 million and then another $190 million,” Karan Adani told reporters on the sidelines of the inauguration of its Vizhinjam port in Kerala. “We are very confident that by January-February we will prepay the balance amount. And that was part of our commitment at the start of the year, when we had said our net debt-equity ratio will be 2.5X,” Adani had in February said his company would repay Rs 5,000 crore worth of debt by next financial year. Adani’s debt-prepayment is part of its efforts to win back investor trust, large swathes of which were eroded after an American short-seller Hindenburg alleged it of stock price manipulation. As of June, the company had prepaid $2.65 billion worth of loans. The company, that aims to become the world’s largest port operator by 2030, is looking at brownfield international port projects in Vietnam, Kenya and Tanzania, said CEO Adani. The Vietnamese government had, in a statement in May, said it welcomed Adani’s investment in its Lien Chieu port and renewable energy projects.
15.10 / 13:07
Lowe's
love
country
social
hospital
DMK's Udhayanidhi Stalin condemns 'Jai Shree Ram' chants amid Ind vs Pak World Cup match
DMK leader Udhayanidhi Stalin on Sunday condemned Indian crowd's behaviour for booing and chanting 'Jai Shree Ram' as players from the Pakistan team got out in the match. In a post on X (formerly Twitter), the DMK leader and son of Tamil Nadu chief minister MK Stalin said, “India is renowned for its sportsmanship and hospitality.
15.10 / 12:57
Provident
Citizens
Waters
WhatsApp
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country
SOLIDARITY
Support
Israel-Hamas war news: From Turkey to Iran, here's list of nations rallying in support of Palestine, Gaza
It is worth noting that Saudi Arabia, Iran and Qatar not only extended their support to Palestine, but also criticised Israel over its treatment of Palestinians. Egypt is also extending its support to Palestine and is also providing humanitarian assistance to Gaza. The nation also condemned any displacement of Palestinians from North Gaza.
15.10 / 12:57
Lowe's
Platform
country
social
hospital
India vs Pakistan: Fans taunt Muhammad Rizwan with 'Jai Shri Ram' chants, politicians call it 'unacceptable'
ALSO READ: India vs Pakistan match: How Pakistani media reacted, ‘We came, we saw and we collapsed’ DMK leader Udhayanidhi Stalin said on social media platform X and wrote, “India is renowned for its sportsmanship and hospitality. However, the treatment meted out to Pakistan players at Narendra Modi Stadium in Ahmedabad is unacceptable and a new low. Sports should be a unifying force between countries, fostering true brotherhood.
15.10 / 12:57
McDonald's
Action
Enterprise
McDonald’s
WhatsApp
country
McDonald's draws flak after Israel branch offers free food to IDF soldiers amidst Gaza offensive
‘War crime’, ‘attempted genocide’: How some Jews around the world denounced Israel's Gaza bombardment This prompted the company's Pakistan-based arm to issue a statement in a bid to distance itself away from the Israeli branch's actions. “McDonald’s in Pakistan is a local enterprise, with full ownership and operation overseen by SIZA Foods Pvt. Ltd.
15.10 / 11:27
President
BABA
show
country
reports
gatherings
SOLIDARITY
Show solidarity with Palestinian people: Owaisi to PM Modi
Israel-Hamas conflict, AIMIM president Asaduddin Owaisi has urged Prime Minister Narendra Modi to show solidarity with the Palestinian people saying the Palestine issue is not just of Muslims alone, it is a humanitarian issue and it is a matter of all those who want justice. Addressing a gathering here on Saturday night, the Hyderabad MP citing media reports said the «zaalim» Israeli government has bombarded Gaza with 6,000 bombs in the last six days and due to which over 1,500 Palestinian people including children and women were killed and several thousands are injured. He alleged that whatever is happening in Gaza is «ethnic cleansing» and wanted the Indian government and the country to condemn «the war crimes» Israel is doing.
15.10 / 09:37
President
country
prevention
Rice traders demand flat export duty on parboiled rice
Rice exporters have requested the Centre for a flat export duty of USD 80 per tonne for parboiled rice instead of the current 20 per cent duty to smoothen trade, a top official of the rice exporters' umbrella body said on Sunday. The Indian Rice Exporters Federation (IREF) has also requested the government to reconsider its export ban on white rice which was imposed in July and reduction in the minimum export price for basmati rice to USD 850 per tonne to prevent negative impacts on both export volumes and farmers. On Friday, the government had extended the 20 per cent duty on parboiled rice exports until March 24.
15.10 / 09:37
COST
UPS
Manufacturing
CEO
country
2020
Yokohama bets on local production for sustainable biz in India
tyre maker Yokohama is betting on local production in India for a «sustainable and competitive» business model in the country, according to a top company official. Yokohama Rubber company, which is present in the country through a wholly-owned subsidiary, is coming up with a new plant in Visakhapatnam in addition to its existing plant in Bahadurgarh, Haryana.
15.10 / 08:25
Provident
CEO
Apple
Remark
WhatsApp
country
reports
Need new iPhone every year? Apple CEO Tim Cook gives reason why
Apple warns about temporary color alterations on iPhone 15, iPhone 15 Pro's titanium frame. Details here “I think having an iPhone every year for those people that want it is a great thing," was Cook's answer. He also responded to concerns about the environmental impact and highlighted the option for customers to trade in their iPhones, emphasizing the company's commitment to sustainability.
15.10 / 08:17
15.10 / 07:25
Citi
Target
BLOCK
Southern
country
reports
evacuation
Hamas blocking evacuation of civilians in Gaza: IDF ahead of ground offensive
Israel Defence Force (IDF) on Sunday alleged that the terror group Hamas is blocking the evacuation of civilians in the Gaza Strip ahead of the possible ground offensive by Israel after the deadly attacks on October 7. It further stated that multiple rockets were fired at Tel Aviv and southern Israel during Saturday night and IDF continues to target Hamas military targets. Taking to X (formerly Twitter), IDF posted, «Hamas is blocking the evacuation of civilians». In a video briefing, IDF spokesperson Jonathan Conricus said, «During the night, there were rockets fired at Tel Aviv and southern Israel. There is still combat in and around the northern part of the Gaza Strip.
15.10 / 06:45
15.10 / 06:35
UPS
Provident
Manufacturing
President
country
information
New investments worth Rs 2,755 cr pledged with Indian Biogas Association
Indian Biogas Association (IBA) during the recently held Renewable Energy India Expo 2023. Talking to PTI, IBA Chairman Gaurav Kedia said «Indian Biogas Association (IBA), an industry association comprising operators, manufacturers, and planners of bioenergy plants, has received a commitment of investment worth Rs 2,755 crore during the Renewable Energy India Expo 2023.» The association has signed joint ventures (JVs), MoUs (memorandum of understanding) and received LoIs (letter of intent) commitments during the recently concluded Renewable Energy India (REI) Expo held at Greater Noida from from October 4 to 6.
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