International Financial News

Farmer leaders Sarwan Singh Pandher and Jagjit Singh Dallewal on Sunday gave a call to the farmers across the nation to reach Delhi on March 6 for a protest while they also gave a four-hour 'rail roko' countrywide call for March 10 in support of their various demands. The two farmer leaders asserted that the farmers' ongoing agitation will be intensified at the existing protest points and will continue till their demands are met by the government. They were speaking in Bathinda district's Balloh village, the native village of a farmer who died recently during clashes with the Haryana security personnel in Khanauri. Kisan Mazdoor Morcha (KMM) are spearheading the 'Delhi Chalo' march by the farmers to press the government to accept their demands, which includes that the Centre should give a legal guarantee of the Minimum Support Price (MSP) for the crops.

India's move to block a China-led investment facilitation pact in the recently concluded WTO ministerial meeting in Abu Dhabi will help promote multilateral agreements in the 166-member global trade watchdog, according to experts. The ministerial conference (MC), the highest decision-making body of the World Trade Organisation (WTO), concluded late night on March 1. The talks, which were to end on February 29, got extended by almost two days due to a logjam among members on key issues like agri, fisheries subsidies and the e-commerce moratorium. International trade experts stated that India's principled stand in opposing the addition of the IFDA (Investment Facilitation for Development Agreement) into the WTO is based on its longstanding support for multilateralism. A group of over 120 nations, led by China, tried to push the IFDA to integrate into the WTO as a plurilateral agreement at the 13th MC meet in Abu Dhabi, UAE.

Jammu and Kashmir LG Manoj Sinha on Sunday launched a new startup policy with a focus to establish 2,000 startups in the Union Territory by 2027. The 'New Jammu & Kashmir Start-up Policy- 2024-27' will also provide patent-related assistance, financial assistance for mentorship to recognised startups, facilitation for department for the promotion of industry and internal trade (DPIIT) registration and additional need-based support to startups working in diverse fields, Sinha said. «I invite the potential investors from across the country to explore the unlimited possibilities present in the Union Territory and contribute to the growth journey of Jammu Kashmir,» the lieutenant governor said at the launch of the policy at the Avinya Startup Summit here.

NEW DELHI : The governor of Argentina’s lithium-rich Catamarca province Raúl Jalil is to visit India this year, said the country’s largest state-owned mining firm Camyen, in a potential boost to in India’s lithium sourcing play. India is keen to secure assured supplies of lithium, widely used in making batteries for electric vehicles. In January this year, Camyen and India’s state-owned mining firm Kabil signed an agreement for the latter to explore and develop five lithium blocks.

Odisha MLA Arabinda Dhali on Sunday joined the BJP, a day after resigning from the ruling BJD. Dhali went to the BJP office in Bhubaneswar along with his supporters in a procession, and formally joined the party in the presence of its state president Manmohan Samal and MP Aparajita Sarangi, among others. Former MLA Mukunda Sodi, who also resigned from the BJD, joined the BJP along with Dhali. Addressing the press, Dhali alleged that there was no democracy within the BJD and senior leaders were being neglected.

₹25 lakh of my savings just going for my father’s medical expenditure. After this, I have tried to take as much medical insurance as I can, for my family. I have got ₹4 crore medical cover for my family; ₹3 crore for my wife and I and a separate, ₹1-crore health cover, for my son," says Mohanty in an interaction with Mint for the Guru Portfolio series.

By Hyun Young Yi and Hyonhee Shin

Vedanta Resources, the parent firm of Mumbai-based mining conglomerate Vedanta Ltd, does not foresee a rollover of its loans and plans to deleverage as much as USD 3 billion debt over the next three years, a senior official said at an analyst meeting. «Deleveraging is our priority. We would be deleveraging the debt of Vedanta Resources by USD 3 billion over the next three years. Vedanta Ltd's cash flow pre-growth capex is estimated to be USD 3.5-4 billion for the financial year 2025, sufficient for secured debt maturities of USD 1.5 billion,» said Navin Agarwal, Vice Chairman, Vedanta Ltd and member of Promoter Group, at a recently concluded analysts' meet, according to analysts who attended the meeting. The financial year 2025 maturities of USD 1,100 million and close to USD 750 million of interest servicing would be managed through brand fees, dividends from operating companies, asset monetisation and other strategic initiatives. «Vedanta is a dynamic organisation that continuously evaluates its capital structure. The parent company has multiple avenues to meet its debt obligation. Hence, we are not considering a stake sale actively in the near term.

youth employment, was of «great concern» to its delegates on the eve of annual legislative meetings in Beijing. Thousands of delegates from across the country will convene in Beijing on Monday for the start of the ruling Communist Party's yearly conclave, known as the "Two Sessions".

Electric vehicle maker Wardwizard Innovations & Mobility is planning to expand operations as it looks to cater to enhanced demand in both domestic and international markets, Chairman and Managing Director Yatin Gupte said. The Vadodara-based company is setting up a new assembly plant in Sharjah in the UAE to cater to African markets, including Egypt. It has also set up an assembly plant in Deoghar, Jharkhand to cater to the growing demand for electric vehicles (EVs) in markets like Bihar, Jharkhand, West Bengal and Odisha. In an interaction with PTI, Gupte said the company is setting up the assembly plant in Sharjah in collaboration with the BEEAH Group.

Microsoft. While categorically denying Musk's claims about OpenAI, Kwon said the billionaire "regrets not being involved with the company today," according to an internal memo cited by Bloomberg.

Laapataa Ladies Box Office Collection Day 2: Laapataa Ladies managed to earn ₹75 lakh. It managed to better its number on Saturday and earned ₹1.60 crore, thanks to great word-of-mouth publicity. The total net domestic collection stands at ₹2.35 crore.

Also Read | Mumbai BEST announces price hike: Check new fares for daily, weekly, and monthly passes in your bus route According to Police Inspector Vaibhav Shingare of Pimpri Chinchwad City Police, the Anti-Narcotics Cell apprehended a drug peddler named Namami Jha on Friday and confiscated the substantial amount of MD. During the subsequent investigation, officials uncovered the involvement of a sub-inspector stationed at the Nigdi police station.

Goa, has achieved a remarkable feat by winning the title of "Best Indian Single-Malt Whisky" at the Icons of Whisky awards, presented by the Whisky Magazine in the UK. This victory on the international stage is a significant milestone for Kadamba Whisky, propelling it into the league of global whisky brands such as Suntory, Red Breast, JP Wiser, and Johnny Walker. Award-Winning Expression Kadamba's Signature Expression, the winning whisky, is double-distilled and aged in a blend of bourbon, sherry, and virgin American oak casks. This unique aging process results in a complex and full-bodied flavor profile that sets Kadamba apart.

Valorant gears up for the second Act of Episode 8, players are buzzing with excitement over the imminent arrival of Agent 25. With the game's tradition of introducing new agents and maps with each new Episode and Act, the community is eagerly awaiting the latest addition to the roster. Here's everything we know so far about Agent 25, as per a report by Dexerto.

CAIRO (Reuters) — The Houthi Transport Ministry in Yemen said on Saturday there had been a «glitch» in undersea communication cables in the Red Sea as a result of actions by U.S. and British naval vessels.

OpenAI «categorically disagrees» with the lawsuit Elon Musk filed against the company, according to an internal memo sent to employees of the artificial intelligence startup. Musk, a cofounder of OpenAI who is no longer involved in the company, sued OpenAI and its CEO Sam Altman late on Thursday, alleging the company's close relationship with Microsoft Corp has undermined its original mission of creating open-source technology that wouldn't be subject to corporate priorities.

ADEN, Yemen (Reuters) -The UK-owned Rubymar, attacked by Houthi militants last month, has sunk in the Red Sea, Yemen's internationally recognised government said on Saturday, warning of a «environmental catastrophe» from the ship's cargo of fertilizer.

By Nathan Layne

Election Commission of India (ECI) will set up special polling stations in relief camps to enable voters displaced by the ethnic violence in Manipur to cast their votes in the forthcoming Lok Sabha elections. Election officials said that the ECI made this decision after consultation with the Central and state governments. “As per past precedent of similar nature, internally displaced electors shall be provided with the facility to vote at special polling stations to be set up in relief camps,” an ECI statement said.

Follow BJP candidate list Lok Sabha 2024 LIVE Updates here After getting a BJP ticker from the New Delhi Lok Sabha constituency, Bansuri Swaraj said, "I feel grateful. I express gratitude towards Prime Minister Narendra Modi, Home Minister Amit Shah ji, (BJP national chief) JP Nadda ji and every BJP worker for giving me this opportunity. With the resolution of 'ab ki baar 400 paar', every BJP worker will work to make Narendra Modi the 'PradhanSewak' for the third time." Bansuri Swaraj is the daughter of former Union minister Sushma Swaraj.