International Financial News
13.12 / 09:23
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International
Destinations
Goa tourism may not be impacted this winter, despite high hotel room rates, expensive cabs
Subscribe to enjoy similar stories. As Goa grapples with a public relations crisis, with users on social media ranting against high room rates and the lack of traveller-friendly transport facilities, it may only be a business-as-usual scenario for many hotels and travel companies this winter and no exponential growth, as was the case last year. Additionally, there is stiff competition from easy and quick-visa overseas destinations such as Thailand and Vietnam that are only a short flight away, prompting many domestic travellers to skip Goa this time.
13.12 / 07:23
markets
MET
President
voice
social
International
Trump offers support for dockworkers union by saying ports shouldn't install more automated systems
President-elect Donald Trump is offering his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports
13.12 / 06:09
security
Remark
Trade
country
reports
International
Trump says it’s ‘fine’ after Ford threat to cut energy to border states
U.S. president-elect Donald Trump was asked about Ontario Premier Doug Ford’s recent warning that the province could cut off energy exports to about 1.5 million Americans if Trump lays threatened tariffs on Canada next month, saying Thursday it was “fine.”
13.12 / 05:29
markets
Analysis
Southern
Trade
AGRO
Updates
International
Stock market update: Fertilisers stocks down as market falls
Madhya Bharat Agro Products Ltd.(up 1.58%) were among the top gainers.
13.12 / 05:17
COST
President
Universities
War
International
Fall of Syrian regime exposes limits of Russia’s global ambitions
Subscribe to enjoy similar stories. The collapse of the House of Assad has exposed a seam of vulnerability for another autocrat, one of the former Syrian leader’s strongest allies: Russian President Vladimir Putin. At the height of Putin’s great power ambitions, Moscow sought to project its might far beyond the country’s vast frontiers.
13.12 / 05:07
markets
Provident
Digital
Sustainability
Enterprise
innovations
International
Weaving prosperity: How handicrafts can shape India’s economic renaissance
handicrafts industry is a vibrant reflection of its rich heritage, with every artifact narrating stories of tradition, creativity, and unmatched craftsmanship. This sector, deeply intertwined with the country’s cultural roots, represents an invaluable resource not only for preserving India’s diverse artistic legacy but also for fostering economic growth.
13.12 / 05:07
markets
Digital
Action
Software
Videos
peace
International
China jeopardised peace with its military threat: Taiwan Defence Ministry
The video was shared by the Taiwanese Defence Ministry through a post on X. «The threat posed by #PLA to Taiwan and the region has escalated from coercion to directly affecting the First Island Chain, undermining the rules-based international order. #ROCArmedForces continue to forge our capabilities and deter war», the MND said.
13.12 / 04:51
markets
Sustainability
Trade
Experts
inclusion
inequality
International
World Competition Day 2024: Trade, competition, and inequality
World Competition Day 2024, co-hosted by leading Indian think tank CUTS International, UNCTAD, and the WTO, convened global experts at the WTO headquarters to discuss the critical intersection of trade, competition, and inequality. The event raised the question as to how trade and competition policies can be designed and deployed to address deepening socio-economic inequalities. Pradeep S. Mehta, Secretary General of CUTS International, opened the discussions by highlighting how trade policy and competition policy can deal with economic inequalities, both among nations and within nations. He called for strengthened efforts to address these issues through global cooperation. Moderated by Suddha Chakravartti, Director of CUTS International, Geneva, the event featured insights from esteemed experts, including Roberta Piermartini (WTO), Vincent Martenet (University of Lausanne), Elizabeth Gachuiri (UNCTAD), and Kondwani Kaonga (COMESA Competition Commission). Discussions explored the role of trade in fostering inclusiveness between and within economies. While trade has contributed significantly to income convergence between nations, the benefits have often been unevenly distributed within economies. Complementary policies, such as education, income redistribution, and robust competition enforcement, were identified as essential to ensure inclusiveness at all levels.
13.12 / 01:51
markets
Platform
Software
Sustainability
Highways
Discrimination
International
'Abolish Devanhalli toll, why this discrimination against Bengaluru?' says Mohandas Pai
“No airport in India has a toll road before it. Why this discrimination against Bengaluru? Toll should be for the Bellary Road after the airport,” Pai wrote on X, tagging Union Minister of Road Transport and Highways, Nitin Gadkari. In a Rajya Sabha response regarding fee collections on national highways, Gadkari revealed that the Devanahalli toll plaza collected Rs 308 crore in revenue during the financial year 2023-24.
12.12 / 20:37
Booking
wellness
Celebrity
travelers
peace
International
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
The December holidays are supposed to be a time of joyful celebration
12.12 / 20:37
Citi
BLOCK
social
recommendations
Courts
Videos
International
Mexican police arrest 3 taxi drivers near Cancun for threatening a tourist who used a ride-share app
Three taxi drivers have been arrested in Puerto Morelos in Mexico, just south of Cancun, for threatening a tourist for using a ride-share app
12.12 / 19:15
COST
awards
country
tenor
International
SBI adds to record Samurai Loan boom with ¥30 billion debt plan
State Bank of India, the country's largest lender, is seeking a ¥30 billion ($197 million) facility, according to people familiar with the matter, adding to a record volume of yen loans raised by borrowers in Asia excluding Japan this year. Mitsubishi UFJ Financial Group Inc. is the lead bank of the deal, which will be raised in the Gujarat International Finance Tec-City, India's newest financial hub, said the people, who asked not to be identified discussing a private matter.
12.12 / 18:51
UPS
Provident
Career
Remark
hospital
International
cricket
Vinod Kambli acknowledges Tendulkar's financial help, clarifies on his infamous remark against Sachin
Vinod Kambli has been grabbing the headlines for his deteriorating health conditions. Now, he has recently opened up about his health struggles and financial challenges, revealing the vital role played by his childhood friend Sachin Tendulkar. Tendulkar provided financial assistance to Kambli during two critical surgeries following a heart attack in 2013. Kambli underwent the procedures at Lilavati Hospital in Mumbai and expressed deep gratitude for Tendulkar’s unwavering support during that difficult period. Reflecting on his recent health issues, Kambli opened up about it in an interview with Vickey Lalwani. He shared that he faced a medical emergency about a month ago, requiring hospitalization at three different facilities. He described the incident as a sudden collapse at home, where his son and daughter had to assist him. His wife, Andrea, took him to the hospital multiple times, ensuring he received the necessary care. He credited her for her dedication and encouragement. Kambli emphasized that he is now doing better and continues to focus on his health. Addressing past speculation about health problems linked to alcohol addiction, Kambli clarified that he had quit drinking and smoking months before his collapse. He recounted an incident where he suddenly fainted while driving, leading to an emergency trip to the hospital. He also noted that surviving two heart attacks has reinforced his determination to prioritize his health, with his wife standing by him through these challenges.
12.12 / 17:35
Action
Strategy
Software
President
Department
International
Trump calling the shots in the Middle East, Biden administration relegated to the role of a public relations firm, says Netanyahu
Middle East have suggested a major shift in power dynamics specifically regarding US influence under US President Joe Biden. According to Independent, following the fall of the Assad regime in Syria, the Prime Minister of Israel Benjamin Netanyahu swiftly occupied several villages in the Golan Heights while citing threats from anti-Israel militant groups. Independent reported that this certain action has been severely criticized as a violation of international law and the response of Joe Biden administration has been eventually perceived as really weak while the State Department officials have framed the military actions of Israel as something temporary. Also Read: Who is Bettina Anderson? The Florida socialite who was spotted holding hands with Donald Trump Jr.
12.12 / 16:39
UPS
Manufacturing
Strategy
Mobile
Sustainability
wellness
International
Andhra Pradesh decides against incentives for hybrid vehicles in new EV policy
Subscribe to enjoy similar stories. New Delhi: The Andhra Pradesh government has decided not to extend road tax waivers and cash incentives for buyers of hybrid vehicles, in its new sustainable electric mobility policy document seen by Mint. The policy, effective 11 December, extends benefits only to electric two-, three-, and four-wheelers, goods carriers, and e-buses, diverging from other states like Uttar Pradesh that have incentivized hybrids to promote cleaner mobility. The policy, valid until 2029, is part of Andhra Pradesh’s goal to achieve carbon-neutrality in the transport sector by 2047.
12.12 / 14:21
Target
economy
Election
wellness
Trade
country
International
ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies
The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs
12.12 / 13:35
markets
Provident
Aviat
security
Software
cover
International
Centre sanctions over 2,800 CISF troops for new airports in Navi Mumbai, Noida
Noida International Airport (NIA) in Uttar Pradesh. The total CISF manpower sanctioned for providing a counter-terrorist cover to the two upcoming airports is 2,870. The sanction of the Central Industrial Security Force (CISF) manpower is for the first phase of operationalisation of the two airports. The force's strength will be enhanced once these airports finish phase II, sources said.
12.12 / 08:23
gatherings
International
XPS survey finds most fund managers use 'some form of AI' to bolster business efficiency
According to the XPS Group's The impact of AI on asset management December survey, which gathered responses from 76 investment managers responsible for a total of £34trn assets under management, half of the respondents (50%) apply generative AI to boost business processes. Meanwhile, 22% of 'traditional AI' users noted they are in the process of developing a way to implement generative AI to improve internal efficiency, while 7% said they make no use of AI currently, but are developing traditional AI tools for that purpose. However, 12% of the fund managers surveyed said they use no A...
12.12 / 06:55
markets
Software
Cummins
Experts
performer
reports
International
Zomato, RIL, and BSE among stocks that mutual funds bought and sold in November
Mutual funds in November bought stocks worth Rs 264 billion in the Indian secondary market. The mutual fund managers actively churn the scheme portfolios and accordingly make changes from their portfolios to deliver better performance. Here are the large, mid, and smallcap stocks that mutual funds bought and sold in November, according to the Mutual Fund Insights report by Nuvama Alternative & Quantitative Research. The highest deployment by the mutual fund industry were Zomato's QIP (Rs 56 billion), IPOs of Swiggy (Rs 53 billion), and NTPC Green (Rs 40 billion). Meanwhile, mutual funds utilised the MSCI-driven liquidity at the end of November to partially exit inclusion such as HDFC Bank (Rs 110 billion), Voltas (Rs 14 billion), Oberoi Realty (Rs 11 billion), and Alkem (Rs 8 billion). Also Read | Mutual funds see Rs 8,995 crore inflow in mid and small cap funds in November. Should you allocate more?
12.12 / 06:01
markets
Food
reports
International
MadeGood granola bars recalled over possible metal fragments
MadeGood granola bars are being recalled in Canada over possible metal contamination, the company said.Riverside Natural Foods, the company behind the granola bars, issued a voluntary recall Monday due to the potential presence of metal fragments in the product, which could pose a safety hazard if eaten.“There is a very small risk that some of our granola bar products made between January and November 2024 may contain a piece of metal,” the company said in a statement posted on its Canadian website.“We have addressed the source of the issue and are conducting the voluntary recall with the knowledge of regulatory authorities.”The piece of metal is a small, flat brush bristle, the company added.No injuries have been reported, and the company said it issued the recall out of “an abundance of caution.”Specific products impacted by this recall include the following MadeGood products:Recalled products were produced between January and November 2024 and distributed throughout Canada, the United States and other international markets. Product UPCs and best-before dates included in the recall can be found here.If you have purchased a product that is part of the recall, you can return it to the store where you bought it.
12.12 / 06:01
Nov
wellness
information
reports
Department
Investigations
International
Hannah Kobayashi, missing Maui woman, found safe after month-long search
Hannah Kobayashi, the missing Hawaii woman whose disappearance prompted a massive search and a missing persons investigation in Los Angeles, has been found safe, police said Wednesday.Kobayashi vanished last month in Los Angeles. Other details about her disappearance, as well as where and how she was found, were not immediately available Wednesday, but police previously said she had voluntarily crossed the border into Mexico.“We are happy to learn that Hannah has been found safe,” the Los Angeles Police Department said in a statement.
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