International Financial News

The International Monetary Fund is upgrading its forecast for the Canadian economy, projecting it will now grow by 1.3 per cent this year and by 2.4 per cent in 2025, according to a report released Wednesday.

Akhilesh Yadav and Deputy Chief Minister Keshav Prasad Maurya over reports of alleged infighting within BJP's UP unit. While reacting to Akhilesh's claim regarding alleged infighting in the BJP's UP unit, Maurya asserted that BJP has a strong organisation and has its government both at the Centre and the state. «SP Bahadur Shri Akhilesh Yadav ji, BJP has a strong organisation and government both in the country and the state, SP's PDA is a 'Dhokha» (fraud/cheat). The return of SP's hooliganism in UP is impossible. BJP will repeat 2017 in the 2027 assembly elections," Maurya posted on X. Since Maurya is his party's prominent OBC face, his comments are politically significant.

Gareth Southgate has left his job as England manager after Euro Cup 2024 finals against Spain. Meanwhile, the hunt for a new manager is still on. It is interesting to note, however, that Southgate was the highest paid manager in the entire Euros, comprising of some of the globally top-ranked participating countries. Southgate left his post even after being tipped for knighthood for services to the country. His stellar record saw England reaching the finals of Euro championships twice, as well as the 2018 FIFA World Cup semifinals. Therefore, his inflated salary was quite justified, looking at his enormous responsibility of leading England to such epic international clashes throughout his eight years with the team. Although he could not manage to win a silverware for the team, he still leaves behind a rich legacy and a formation of an elite team that has tasted success at the highest levels. How much did Gareth Southgate earn as England manager?

IREDA on Wednesday said the company will invest Rs 290 crore in a 900 MW hydroelectric power project in Nepal. The Board of Directors of IREDA gave in-principle approval for the equity investment at a meeting on Tuesday, the company said in a statement.

Vivo V40 and V40 Pro are likely to launch in India in August this year. The report further suggests that both models will come equipped with Zeiss Optics cameras, supporting multifocal portraits.The Vivo V40, which has been unveiled globally, boasts a 6.78-inch curved AMOLED display with a resolution of 2,800 x 1,260 pixels, a 120Hz refresh rate, and a peak brightness of 4,500 nits. The device features the Snapdragon 7 Gen 3 chipset, paired with an Adreno 720 GPU.

This is part of a special series of articles by the country's foremost voices, ahead of Union Budget 2024, aiming to draw attention to the critical reforms that can help India in its journey to become a developed nation by 2047. Every incoming government faces massive expectations. This time is arguably greater given the ambitious agenda of becoming a developed economy by 2047.

part 2 of this analysis) is helping them shake off debt, leaving them with healthier balance sheets and more room to take risks. We explain this key finding from our analysis in the third part of the series. Before unveiling India Inc’s loss of appetite for loans, a trip back to 2022-23 is in order.

A report released by Senator Bernie Sanders says Amazon’s popular Prime Day sales event has been “a major cause of injuries” for warehouse workers who pick and pack customer orders at the company's facilities across the U.S. The report released to coin...

Sri Lanka U-19 cricket captain Dhammika Niroshana was shot dead on Tuesday night near his home in Ambalangoda. Local media reported that Niroshana was with his wife and two children when an unidentified person opened fire. The 41-year-old ex-cricketer was attacked by an unidentified individual using a 12-bore firearm. The police suspect the killing is related to an underworld gang rivalry. Sri Lanka police are actively investigating the incident. Police media spokesperson Nihal Thalduwa stated, “Investigations are underway to arrest the suspect involved in the shooting which seemed to be a result of a gang rivalry.” Niroshana had returned to Sri Lanka three months ago after fleeing the country following the murder of his close friend, Dasun Manawadu, in the same area.

Indian CAPF and special commando force dogs are in France to provide a counter-terrorist and anti-sabotage security cover to various venues of the Paris Olympics slated to open next week, official sources said on Wednesday. The ten Indian K9 (canine) teams will undertake sniffing and patrolling duties at various venues that will hold events for the Paris Olympics. They have been given a special 10-week training for this first-ever kind of collaboration of canine squads between the Indian and the French government, a security officer told PTI. The teams along with their handlers are drawn from the central armed police forces (CAPFs) like the Central Reserve Police Force (CRPF), Sashastra Seema Bal (SSB), Indo-Tibetan Border Police (ITBP) force apart from the elite federal contingency commando force National Security Guard (NSG) and the Assam Rifles.

The Mirage is about to vanish from the Las Vegas Strip

Open Society Foundations revealed Tuesday its first new commitment after a years-long internal reorganization, pledging $400 million over eight years to support green economic development

The International Monetary Fund has upgraded its economic outlook this year for China, India and Europe while modestly lowering expectations for the United States and Japan

IPO) for its Indian unit, which owns spices and condiments brands MTR and Eastern. «We initiated a process to consider structural opportunities for Orkla India, including conducting an IPO readiness study. The results of the study are encouraging. And we will now proceed with an evaluation of accessing the capital markets in India. Any conclusion should not be expected until sometime 2025,» Nils Selte, president and CEO at Orkla, told investors. «There are a lot of things to do before we are good to go.»

Mint presents several articles that identify some of the areas where changes are needed. Each will involve a combination of policies and programmes, and the details can only evolve over time. This article focuses specifically on the Budget and what signals it could send.

commerce ministry is looking at setting up a centre for negotiations, as this is an important skill set required in areas like free trade agreements and other business deals, a top government official said on Tuesday. Addressing students and faculties of the Indian Institute of Foreign Trade (IIFT) here, Commerce Secretary Sunil Barthwal said the centre can also help in creating a skill set among students of the institute. «Negotiations are going to be a very very important skill these days. When we do FTAs, negotiation skills are a very important tool, so we have to create one centre for negotiations. But that centre is not just supposed to do FTA (free trade agreement) negotiations, we have to get into the broader framework of negotiations, which also involves mergers and acquisitions and other business deals,» Barthwal said. This centre will not be only for the government, but it will also be able to create skill sets among IIFT students.

release date for the new 'Citadel' spin-off, 'Citadel: Diana.' This series, set in Italy, continues the Russo Brothers' expansive franchise.

CBC releases the trailer for Season 2 of the anthology drama Plan B. The new season features a new cast and a fresh story centered around time travel.

A fresh wave of tariffs could revive inflation and pressure central banks to keep their key interest rates high, the International Monetary Fund warned Tuesday. In its latest report on the outlook for the global economy, the Fund said borrowing costs could also be pushed higher by a series of elections that may lead to a surge in already high levels of government borrowing. The Fund left its forecast for world economic growth this year unchanged at 3.2%, and raised its forecast for next year to 3.3% from 3.2%.

Laptop in checked luggage caused smoke, evacuation of plane at SFO, local KTVU Fox 2 reports. Credit: Jan Jankai via Storyful

Earth's rotation, which determines the length of each day, is being altered by the impacts of human-induced climate change, a new study published in the Proceedings of the National Academy of Sciences has revealed. The research suggests that polar ice melt caused by global warming is changing the planet's rotation and increasing the duration of each day, a trend expected to accelerate over the coming century as humans persist in emitting greenhouse gases, according to a report from CNN. Although the changes are minute, measured in milliseconds per day, they have significant implications for our technology-dependent world, particularly for computing systems like GPS. This phenomenon underscores the profound influence humans are exerting on the planet. «This is a testament to the gravity of ongoing climate change,» said Surendra Adhikari, a geophysicist at Nasa's Jet Propulsion Laboratory, and a report author. The Earth's rotation speed, which determines the number of hours, minutes, and seconds in a day, is influenced by a complex interplay of factors, including processes in the planet's fluid core, the lingering effects of glacial melt since the last ice age, and the melting of polar ice due to climate change.