International Financial News

International Women's Day is celebrated globally every year on 8 March. Every year, women's Day is celebrated with a unique theme. The United Nations has decided this year's theme as ‘Invest in Women: Accelerate Progress’.

insurance coverage available to all of India will benefit women by addressing their unique needs and circumstances: Maternity Coverage: Maternity mortality rate in India has reduced substantially in the last 2 decades from over 500 per lack to 97 per lakh.1 This number is much higher for rural areas and some of the poor states where access to institutional birthing is limited. Comprehensive and comprehensive maternity coverage can help reduce maternal mortality by providing medical access for childbirth expenses, pre and postnatal care, and new-born care to support women through pregnancy and childbirth.

Tata Motors: On March 6, global rating agency, Moody's, confirmed the BA3 ratings of Tata Motors, maintaining a positive outlook, reported PTI. In addition, Moody's Investors Service stated that it has also confirmed the Ba3 senior unsecured instrument ratings of Tata Motors Ltd (TML). According to Moody's obligations, 'Ba' ratings are considered to have speculative elements and carry a significant credit risk.

A significantly larger proportion of a global cross-section of society places higher trust in the private sector than other societal institutions, including the government, as per Edelman’s Trust Barometer Global Report of 2023. The private sector, seen to be more ethical and competent, is expected to engage more with societal challenges.

Houthis vow response after airstrikes by US, UK: 'These attacks will not…' Huthi military spokesman Yahya Saree said on social media that the True Confidence was targeted with multiple missiles "after the ship's crew rejected warning messages" from the Huthis. - Months of attacks - The British embassy in Sanaa had earlier said the toll was at least two dead, describing the loss of life as "the sad but inevitable consequence of the Huthis recklessly firing missiles at international shipping." British Foreign Secretary David Cameron meanwhile promised that "we will continue to stand up for freedom of navigation and back our words with actions." US, UK launch second round of strikes on Huthis in Yemen The United States and Britain have since January launched repeated strikes on Huthi targets in Yemen in response to the ship attacks, but the rebels have continued to target merchant vessels.

By Adriana Barrera and Cassandra Garrison

Investing.com-- Chemicals maker Chemours Co (NYSE:CC) said on Wednesday that an internal review found that its  top three executives, who were placed on administrative leave last week, had violated the firm’s code of ethics, particularly regarding financial disclosures.

NEW DELHI : A World Bank agency is prepared to stand guarantor for up to $8 billion of loans taken by state-owned infrastructure builders and local government bodies, a move that could attract private capital in a whole range of public projects. In an interview, Junaid Kamal Ahmad, vice-president, operations at the bank’s Multilateral Investment Guarantee Agency (MIGA), said the agency’s focus on underwriting loans aligns with India’s infrastructure development strategy at the national and sub-national levels, covering sectors like logistics, transport, electricity and water.

After a year of basking in global fame, the San Francisco company OpenAI is now confronting a multitude of challenges that could threaten its position at the vanguard of artificial intelligence research

South Africa has gone back to the United Nations’ top court seeking additional emergency orders for Israel to let more humanitarian aid into the Gaza Strip

India's pace of economic expansion in FY24 could be close to 8%, likely topping earlier official estimates, said central bank governor Shaktikanta Das. Pointing to the latest high-frequency indicators of growth, Das said, «Now that we have numbers for three quarters… Our sense and understanding of ...the momentum of economic activity tell us this 5.9% growth in the fourth quarter could be exceeded.» He also spoke about the recent Reserve Bank of India (RBI) action in the payments sector, challenging what he termed «a narrative building up» that the regulator had taken measures against fintech companies. Das said RBI's action was against a regulated entity — Paytm Payments Bank. «Fintech companies are not regulated by RBI unless they are NBFCs,» he said.

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ALSO READ: International Women's Day 2024: 5 key reasons why young women opt for digital financial products The United Nations has decided this year's theme as ‘Invest in Women: Accelerate Progress’ is aimed at tackling economic disempowerment. While the campaign theme for the same year is 'Inspire Inclusion.' Though this campaign, the importance of diversity and empowerment in all aspects of society is emphasized.

Adani Enterprises announced that its Dubai-based arm, Ospree International FZCO, has successfully acquired 100% stake in France-based Le Marche Duty Free SAS (LMDF) for a sum of 5,000 euros. This strategic move aims to bolster the company's presence and growth within the duty-free industry. Adani Enterprises emphasized the significance of this acquisition in a filing to the exchange, highlighting its alignment with the expansion goals of Mumbai Travel Retail Private Limited.

ALSO READ: ICC T20 WC 2024: India vs Pakistan venue in New York's Nassau County International Stadium still underprepared, Watch "It is extremely exciting to see the progress made in the construction of the Nassau County International Cricket Stadium in New York over the past month. Work on the outfield commenced in January and in the past few weeks the East Stand framework has started to take shape," said Chris Tetley, the ICC's head of events.

The Biden administration is hailing the arrest of a California man accused of smuggling illicit air coolants into the United States

South Korea’s president vows that he won't tolerate the prolonged walkouts by junior doctors, calling them “an illegal collective action” that threatens public health

Egypt has floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan to $8 billion

The Reserve Bank of India (RBI) has issued guidelines to enhance customer options and flexibility in credit card issuance by card networks.

Women business owners from smaller cities and towns across India are frontrunners in adopting digital solutions, according to data from 200,0002 SME members on business financial platform Tide. This year’s International Women’s Day’s theme is ‘Inspire Inclusion’, making women business owners ‘Atmanirbhar’.