Immunic Financial News

According to numerous media reports, India has asked Canada to sharply reduce the number of diplomats it has in the country. This is a significant move as Canada’s mission in India is among its largest anywhere in the world. It may also reflect that the spat between the two countries hasn’t cooled just yet.

Rohit Agarwal, Senior Fund Manager, Kotak Life Insurance, says “even though India might outperform in the global terms, India will not be immune to global challenges. India will not be immune to the yield rates. For example, if the US 10-year is yielding 5% today, why should a US investor put his money outside his country at all? You are getting risk-free 5% in that country and that is a call that many asset allocators might take and that might impact some flows here and there. But on a standalone basis, India will still stand out in the world as a better place to be in.” What is happening to the global arena right now? Do you think this is just the start of a downturn or this is something that the Indian market will take in its stride and the outperformance will continue? As you said, these are volatile times and though we have not seen some of these yields in the last two decades or so, that does not mean that we do not know how to handle it. It means is there are macro issues on the corner, at the horizon, obviously especially on the global side.

India has asked Canada to reduce its number of diplomats across its missions in the country and repatriate 41 diplomats by early next week, saying it would revoke their diplomatic immunity if they stayed after the given date. This comes just weeks after Canadian Prime Minister Justin Trudeau's allegations of a «potential» involvement of Indian agents in the killing of Khalistani separatist Hardeep Singh Nijjar in June. While the Indian government is yet to issue a statement on its latest move, sources have indicated to ET that the decision to ask Canada to reduce its diplomats by October 10 is aimed at bringing the strength of Indian missions and Canadian missions on par. Indian missions in Canada have around 21 diplomats and the Canadian missions in India currently have 62 diplomats. Meanwhile, Trudeau went on the backfoot on Tuesday and said that his government was «not looking to escalate the situation» with India.

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field crops like rice, wheat, and sugarcane have been the backbone of Indian agriculture for centuries, there is a growing realization that vegetable farming holds immense potential to boost India's GDP and overall economic health. «Vegetable farming holds distinct advantages for smallholders in India, especially compared to traditional field crops.

This marks an escalation in the crisis that erupted after Canada's Prime Minister Justin Trudeau said India has hands in the murder of Hardeep Singh Nijjar, who was a designated terrorist in India and Khalistani activist. This was followed by both countries expelling a senior diplomat in a tit-for-tat move. New Delhi has told Ottawa that it must repatriate roughly 40 diplomats by October 10, FT reported citing people familiar with the demand.

UAE Government has published a detailed discussion paper that calls for a decisive and coordinated international response to the urgent threat of global water scarcity. Entitled 'Ripple Effect Water Scarcity — The Hidden Threat to Global Security and Prosperity', the discussion paper examines global water scarcity and its main causes, highlights various implications of water scarcity already evident in parts of the world, and identifies a range of potential solutions to this rapidly worsening issue. Published by the UAE's Ministry of Foreign Affairs on the sidelines of the General Debate of the United Nations General Assembly in New York, the discussion paper is intended to serve as a global call to action and an open invitation to members of the international community to work together in new ways to address the emerging challenge of global water scarcity. Announcing the publication of the report, Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs, said: «Concerned by the growing problem of water scarcity and the severe risks that it poses to the world, the United Arab Emirates has published a discussion paper today that aims to contribute to the development of a coordinated international response to this issue and the forging of new models for effective cooperation to address this multifaceted threat to global security and prosperity.» The discussion paper stresses that according to certain metrics, four billion people around the world currently experience water scarcity at least one month per year, with this figure expected to grow in the years ahead.

Nobel Prize announcements begin Monday with the unveiling of the winner of the medicine award. The Nobel Prize in physiology or medicine was won last year by Swedish scientist Svante Paabo for discoveries in human evolution that unlocked secrets of Neanderthal DNA which provided key insights into our immune system, including our vulnerability to severe COVID-19. The award was the second in the family.

NEW DELHI : A top government panel has recommended that Bharat Biotech Ltd conduct phase-3 trials of its Japanese encephalitis vaccine for people aged 65 and above, as the disease emerges as a key concern in India. The Hyderabad-based company had asked the Drugs Controller General of India (DCGI) for permission to conduct phase-3 trials in children up to a year old, as was done in phase 1 and 2 trials. However, the expert panel of DCGI said the company may conduct it for older individuals as well, minutes of its meeting showed.

Delving into their specifications and special features, this article empowers you with the knowledge needed to select the perfect water purifier to meet your specific needs. We not only unveil the reasons why you should consider buying these popular models but also provide insights into potential drawbacks so that you can make an informed decision.

Covid infection can trigger a dangerous immune response in the hard fatty deposits, called plaques, lining the interiors of the heart's blood vessels, which can disrupt the normal blood flow, according to researchers. Exposing these plaques to the coronavirus boosted inflammation in blood vessels, thereby enabling the fatty deposits to interfere with the blood flow and worsen pre-existing heart conditions, the researchers at New York University (NYU) Langone Health, US, showed.

"I am in an income bracket where I do not really need to have an emergency fund." A wealthy individual shared this with me once, when I curiously asked about his approach to emergency funds. However, it's universally known that funds kept aside for unforeseen situations constitute an emergency fund. This isn't a novel idea. But the perspectives people hold towards it, like the affluent individual mentioned, prompted me to pen down my thoughts.

Japan’s Kirin Holdings Company says it plans to expand Blackmores into food and drink-based immunity products after acquiring the local vitamins group for $1.9 billion.

The United States Federal Reserve Banks of Boston and New York have published a data-driven report that delves into the potential impact of stablecoins on the broader economic landscape.

Digital India (DIA) Bill is ready, and will be released for consultation soon, a top official told ET. The Bill, which will replace the 23-year-old IT Act, is likely to be tabled in the Parliament during the later part of the winter session, the official said. “The draft of the Digital India Bill is almost ready; it will be released soon,” said the official. Once the industry and stakeholder consultations are completed, the final draft of the Bill will be tabled in the Parliament.

How Is India Immune To Global Crude Price Shocks |...

Donald Trump plans to visit Detroit this week. He’s looking for support from members of the United Auto Workers, and President Biden’s re-election team is sweating about it. Mr.

Virgin Australia says the federal government’s “hard to understand” decision not to allow Qatar Airways to fly more services into Australia has undermined its ability to compete with Qantas.

free speech. Yet, democratic states are not immune to authoritarian impulses.

Adani’s crucial relationships have held up surprisingly well. One, his proximity to India’s government appears intact, even though opposition politicians have relentlessly attacked the businessman from Prime Minister Narendra Modi’s home state of Gujarat for currying favors, allegations that Adani has always denied — and Modi has just ignored. Two, the former centibillionaire’s clout with bankers seems to have escaped unscathed. The acquisitive Indian conglomerate, which expanded its assets nearly threefold in four years, continues to have sizable relationships with 20 global banks.