International Financial News

UU Lalit, Justice BN Srikrishna and Justice Kannan Krishnamoorthy have joined the advisory council of the Online Dispute Resolution (ODR) platform Presolv360 to guide the platform on legal, ethical, procedural and policy-related activities. With the enactment of the new legislation on Mediation and the ongoing review of the Arbitration law, there is a renewed focus on institutional ADR (alternative dispute resolution) in India. “While technology is changing the dispute resolution ecosystem, it must be backed by strong institutions running ethically and following due process,” said Justice Lalit, former Chief Justice of India.

If you notice that your clothes are not as clean as they used to be, it could be due to mineral build-up inside your washing machine. This build-up, known as scaling, can also affect the internal components and lead to expensive repairs. It can cause issues such as water leakage, poor performance, and even physical damage to parts. To avoid these problems, it is important to clean your washing machine regularly. Step 1: Common household items that can be used for descaling washing machine Before embarking on your washing machine revitalization journey, make sure you have the following supplies on hand:

The traditional basis for taxing Multinational corporations relying on physical presence, has given way to a changing paradigm influenced by digital business models. Historical taxation practices centered around fixed places for business activities, employees, dependent agents, warehoused stock and equipment leasing.

BEIJING — China and the U.S. are working toward creating a more stable and predictable environment for businesses, Chinese Commerce Minister Wang Wentao said Friday.

electric vehicle industry in India is advancing at a rapid pace. However, industry players note that it still needs some hand-holding as it is yet to mature. There is almost a consensus on the government continuing FAME subsidies in FY25. Along with that, many industry players have asked for GST parity for EV batteries, as well as financial incentives such as tax credits, subsidies, and low-interest loans. Here's what the industry players are asking from Finance Minister Nirmala Sitharaman. Hyder Khan CEO Godawari Electric Motors «I eagerly anticipate the upcoming budget with optimism and a fervent hope for increased support towards the electric mobility sector. The extension and enhancement of the FAME (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) scheme would be instrumental in propelling India towards a sustainable and eco-friendly future. Substantial subsidies for electric vehicles and related infrastructure would not only incentivize consumers but also bolster the growth of our industry. These measures will not only promote cleaner transportation but also stimulate innovation and job creation. I look forward to a budget that recognizes the pivotal role electric mobility plays in achieving environmental goals and economic development, and I trust that the government will continue to foster a conducive ecosystem for the electric vehicle industry to thrive.»

ties and Taiwan will be topics raised at a meeting between U.S. National Security Advisor Jake Sullivan and Chinese Foreign Minister Wang Yi in Bangkok, building on a pledge by the leaders of the world's two largest economies to deepen dialogue. «During the new round of meetings, (Wang) will state China's position on China-U.S. relations, including the Taiwan issue, and exchange views with the U.S. side on international and regional issues of common interest,» a ministry spokesperson told reporters at a regular press conference.

Emmanuel Macron attended the occasion as the chief guest, adding an international dimension to the festivities. Republic Day 2024 LIVE Furthermore, the Tangail formation, consisting of a lead Dakota aircraft followed by two Dornier aircraft flying in echelon formation, made a graceful flyover along the Kartavya Path, ANI reported.Also Read: IAF to showcase ‘tangail’ formation during Republic Day fly-past with heritage aircraft The aircraft maintained a 'Vic' formation, symbolizing precision and coordination.Meanwhile, aerial shots captured from the vantage point of Prachand, which participated in the flypast over Kartavya Path on Republic Day offer a breathtaking perspective of the event.

iPhone sales in the fourth quarter, IDC data revealed that Apple's success was primarily attributed to declining less than its competitors during the period. Analysts had previously suggested a downturn in iPhone sales due to waning enthusiasm for Apple's latest hardware in the world's largest smartphone market. However, timely discounts and promotions helped mitigate the impact, allowing Apple to outperform both domestic and international competitors.

₹129 to ₹135 per equity share of the face value of ₹10. BLS E-Services IPO lot size is 108 equity shares and in multiples of 108 equity shares thereafter.

High Net Worth Individuals (UHNIs). Acting as back offices, they cater to families and individuals with investible corpus over ₹5 crores, either as single-family offices for a specific family or as multi-family offices serving multiple families. First-generation entrepreneurs and top management professionals are now turning to family offices for wealth management.

FBI is gearing up for an important restructuring in its central dynamics, with the team losing a family member. In the extensive universe which is co-created by Craig Turk and Dick Wolf, FBI has not only coagulated itself as a powerhouse of conventional drama, birthing hit sequels such as FBI: Most Wanted, FBI: International. But amid the evolution of the show, the lead FBI series has been maintaining a stable ensemble cast that featured Zeeko Zaki, Missy Peregrym, John Boyd, Jeremy Sisto, and Alana de la Garza.

IKEA Canada plans to cut prices on more than 1,000 products this year as part of a “multi-million-dollar” investment in the business in the midst of growing cost of living concerns for Canadians.

Resilinc Aerospace and Defense Division President Peter Guinto breaks down the supply chain 'nightmare' on 'The Claman Countdown.'

Italian Premier Giorgia Meloni is slamming carmaker Stellantis, accusing it of weakening Italy’s industrial footprint since the merger of FiatChrysler and Peugeot that created the world’s fourth largest auto maker

Microsoft is laying off about 1,900 employees in its gaming division, according to an internal company memo, just over three months since the tech giant completed its $69 million purchase of video game maker Activision Blizzard

In-N-Out Burger will close its first location in its 75-year history due to a wave of car break-ins and robberies at its only restaurant in Oakland, California

IHCL said its portfolio at 285 hotels includes a pipeline of 85 hotels. Suma Venkatesh, executive vice president — real estate and development, IHCL said 2023 marks six consecutive years of portfolio expansion in the Indian subcontinent. «Our approach to growth has been two pronged, penetrating deeper in existing markets with multiple brands and extending our footprint to new destinations taking our presence to over 130 locations,» she added.

Canada has recently announced a two-year cap on new international student visas amid an escalating housing crisis, a move likely to impact Indian students. Nearly 40 percent of the total number of international students in Canada are from India. Among all the foreign destinations, Canada ranks at number one for Indian students studying overseas. 

India's external affairs ministry on Thursday called Pakistan foreign ministry's assassination remark false and malicious in an official press release. In response to media queries regarding remarks made by Pakistan Foreign Ministry, the official Spokesperson, Randhir Jaiswal said, «We have seen media reports regarding certain remarks by Pakistan Foreign Secretary.

₹825 crore, in the first big land transaction this year. The company plans to develop a housing project on this land, offering 7.5 million sq ft of saleable area. A key part of this transaction involved DLF settling Ireo’s outstanding loan of ₹825 crore.

The Verge reported on 25 January, citing an internal memo from the head of the company's gaming division CEO Phil Spencer. According to the report, though the tech firm is primarily laying off roles at Activision Blizzard, some Xbox and ZeniMax employees will also be impacted by the cuts. The job cuts work out to roughly 8 percent of the overall Microsoft Gaming division, which stands at around 22,000 staff in total.