MET Financial News

New Delhi: While Indian business leaders recently met the president of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso, they are yet to make concrete investment commitment with the multilateral development bank that funnels investments to build market economies, two people with direct knowledge of the matter said. “They are on wait and watch mode on investment opportunities," one of the two people cited above said. Basso, who assumed office as the first woman to chief of the EBRD on 19 July, met with Indian business leaders in New Delhi, to discuss investment opportunities in the countries where the bank operates.

HNI will be keen to book a seat on a luxury liner to Antarctica, or go jaunting off as the first lot of space tourists. The latter are more of the Marie Antoinette variety, who really have no clue of what lies out there and how things may be changing even on the wealthy status front.

China, with Russia in tow, found themselves endorsing a document that embraces the Indo-Pacific as a viable regional construct. This goes against the grain of Chinese opposition to Quad.

2023 MLB trade deadline approaches, contending teams are making decisions on what additions they need before 6 p.m. ET on August 1. Some key questions include whether Shohei Ohtani could be traded from the Los Angeles Angels, and if players like Marcus Stroman, Cody Bellinger, and Lucas Giolito could be dealt to contenders. Additionally, it is to note that teams like the Los Angeles Dodgers, Atlanta Braves, Texas Rangers, and San Francisco Giants are looking to make moves to boost their chances in the 2023 World Series. As this week unfolds, 29 teams are hoping for the Los Angeles Angels to lose all their games and make Shohei Ohtani available for trade. Meanwhile, around 15 contenders are rooting for the San Diego Padres and New York Mets to continue their downward spirals and give up. Additionally, the Major League Baseball Players Association is watching closely, hoping that big-spending teams like the Mets, Yankees, and Padres, who collectively spent $880 million, can turn their fortunes around and prove that spending leads to success.

The Republican-controlled Oklahoma Senate has overridden Gov. Kevin Stitt's vetoes of two bills that would extend existing agreements with Native American tribes for another year

By Blake Brittain

NEW DELHI : Markets regulator Securities and Exchange Board of India (Sebi) is planning to simplify the delisting process for listed companies. Addressing a press conference on Monday, Sebi chairperson Madhabi Puri Buch said the move was important since any participant entering the listed markets should be able to exit it. The regulator is also looking at reviewing the insider trading rules pertaining to ‘trading plans’ to be disclosed by company insiders.

ETIAS) before visiting. Currently, U.S. travelers enjoy visa-free access to numerous global destinations, but the implementation of ETIAS could affect this privilege. The application process, available on the official ETIAS website and mobile application, incurs a 7 euros or $7.79 U.S. dollars fee, with all communication conducted via email. Once approved, travelers can stay in European countries requiring ETIAS for up to 90 days within a 180-day period, and they must possess a valid ETIAS throughout their stay. The EU encourages applying well in advance, with most applications processed within minutes, though some may take up to 14 days if additional documentation is needed. The authorization is linked to the traveler's travel document, like a U.S. passport, and both documents are necessary for boarding flights, buses, or ships to enter European countries that require ETIAS. However, ETIAS doesn't guarantee automatic entry; border guards will verify if entry conditions are met, and non-compliance will result in refusal of entry. The ETIAS travel authorization is valid for three years or until the expiry of the travel document used in the application, whichever comes first. Travelers must ensure that all information, including name and passport number, is correct to avoid issues at the border. If an application is rejected, reasons for the decision will be provided, along with information on how to appeal. As this new requirement approaches, potential European travelers from the U.S. should familiarize themselves with the ETIAS process to ensure a smooth and hassle-free journey.

Elon Musk plans to change the logo of Twitter to an “X” from the famous blue bird, marking what would be the latest big change since he bought the social media platform for $44 billion last year

The U.N. chief has urged Russia to resume the internationally brokered deal so that grain can be shipped from Ukraine's Black Sea ports during the war

Migrants in Tunisia’s port city of Sfax who are aiming to make Europe their new home are now sharing the burden and the blame for escalating tensions deeply tinged with racism amid the fears of European leaders who are trying to stanch the numbers of p...

By Aditi Shah and Aditya Kalra

New Delhi: India and the UK concluded the eleventh round of talks for a proposed free trade agreement last week, and the next round of negotiations is due to take place in the coming month, the ministry of commerce & industry said on Monday. The negotiations for the agreement were launched on 13 January 2021.

New Delhi: There is no shortage of coal in the country as of now, with domestic production up during April-June this year, said Union minister of coal, mines, and parliamentary affairs Pralhad Joshi on Monday. All India coal production for fiscal year 2022-23 stood at 893.19 million tonne (MT), up 14.7% year-on-year (YoY). In the current fiscal till June 2023, production was up 8.51% YoY at 223.36 million tonne.

China's Foreign Minister Qin Gang has not been seen in public for almost a month, sparking a flurry of questions over his whereabouts. Here's what we know so far about the disappearance of one of China's most senior diplomats: — Who is Qin Gang? — Qin, considered a confidante of President Xi Jinping, was appointed foreign minister in December 2022. The 57-year-old spent several years at the Chinese embassy in London and is a fluent English speaker.

Biden has represented her country at the Olympics in Tokyo, a king's coronation in London and a royal wedding in Jordan. She gets another chance to put her ambassadorial skills to work this week when the United States formally rejoins a United Nations agency devoted to education, science and culture around the globe. Biden was arriving in Paris early Monday after flying overnight from Washington to join other VIPs and speak at a ceremony Tuesday at the headquarters of the United Nations Scientific, Educational and Cultural Organization.

Transport Corporation (KSRTC) for compensation in a British court, which ruled in their favour. The couple then tried to get the British court order executed in India but Justice HP Sandesh in his judgement on July 14 nullified it.

National Security Advisors (NSAs) of the BRICS member states will meet in South Africa from Monday to Wednesday and explore a security cooperation mechanism for the grouping amid several geopolitical security threats.NSA Ajit Doval is expected to meet senior Chinese diplomat Yang Jiechi on the sidelines of the event, which will be closely followed amid the Russia-Ukraine war. Yang is a former foreign minister and special representative for boundary talks with India. It is expected that impasse at the Line of Actual Control will be the key item on the agenda for the meet, said people aware of the matter.

Meiteis from Manipur, who had fled to Mizoram after violence erupted in their state, have started fleeing Mizoram as well after an organisation put out a warning that if any violence should happen to the Meiteis in Mizoram, the Meiteis themselves should bear the responsibility for it. Around 41 people belonging to 15 families have reached Assam's Lakhipur while several others have taken flights out of Mizoram. The Peace Accord MNF Returnees' Association (PAMRA) in a press release had appealed to Meiteis living in Mizoram to leave the state. «The situation has become tense and it is no longer safe for Meiteis living in Mizoram due to the barbaric and heinous acts committed by miscreants in Manipur,» the PAMRA said in a statement in Mizo language. It said there was anger among Mizo youths, who were deeply anguished over the atrocious acts that the Meiteis have done to the Zo or Kuki people in Manipur. PAMRA's C Lalthenlova, however, said it was just an appeal for safety and not a warning. He said that they did not ask the entire Meitei community to leave but only those from Manipur. Mizoram home commissioner H Lalengmawia held a meeting with PAMRA members during which the latter clarified that the press release issued by them was an advisory requesting Meiteis in Mizoram to exercise caution in the light of the public sentiments regarding the ongoing ethnic conflict in Manipur. PAMRA members regretted that their press release was misconstrued and decided to withdraw it.

free trade agreements (FTAs), steel secretary Nagendra Nath Sinha told ET. This provision ensures that any steel which benefits from tariff concessions under FTAs is manufactured only in the countries that have an arrangement with India. It helps curtail attempts to use FTA countries as transit points to dump steel, from non-FTA ones, such as China, into India.

Brics member states will meet in South Africa from Monday to Wednesday and explore a security cooperation mechanism for the grouping amid several geopolitical security threats. It is not clear yet whether NSA Ajit Doval will meet his Chinese counterpart Wang Yi, director of the Chinese Communist Party Central Committee Foreign Affairs Commission, on the sidelines of the event, which will be closely followed amid the Russia-Ukraine war.