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India is hopeful of a «good outcome document» and consensus among G-20 members on the five key areas of trade and investment at the two-day trade ministers' meet beginning Thursday. Commerce and industry minister Piyush Goyal said that the members are looking at reaching a consensus on a «Jaipur call for action». India has identified five priority issues-growth and prosperity, resilient global value chains, MSMEs, logistics, and World Trade Organization (WTO) reform-under its G-20 presidency from December 1, 2022 to November 30, 2023. «We have been able to come up with significant consensus amongst the member countries invoking a Jaipur call for action,» he said, adding that it will help promote industry, MSME sector, upgrade the global trade help desk, and bridge information gaps for MSMEs to help them expand their business and trade. Goyal was addressing the media at the G-20 trade and investment ministers' meeting in Jaipur on Wednesday. He said the members have deliberated on formulating high-level principles for digitalisation of trade and trade facilitation. «We are confident that tomorrow and day after ministerial meetings will come up with a concrete actionable outcome agenda, which will help the world withstand any future shocks,» he said. On WTO reforms, he said India wants the dispute settlement mechanism of the multilateral trade watchdog to work smoothly.Russia-Ukraine conflict shadow On the Ukraine-Russia conflict casting a shadow on the G-20 trade and investment track outcome, he said that there are realities on which consensus is not possible.

WPI inflation for the quarter, we calculate that the services deflator will likely ease by 1.7ppt in Q1. Of this, 0.5ppt will likely be real, mirroring the fall in the CPI services inflation, while 1.2ppt would be statistical. An exaggeration of services growth by 1.2ppt would mean an exaggeration in overall GDP growth by 0.67ppt.

If religion in America were bought and sold like a stock, now might be a good time to short it. In recent months, a number of pundits have declared that the American love affair with organized religion—and Christianity in particular—is over. Recent surveys suggest that church attendance, already faltering in the 21st century, still hasn’t recovered in the wake of the pandemic.

At the Bengaluru edition of the ET Soonicorns Summit 2023 – an Economic Times initiative to track the next frontiers of growth for the Indian startup ecosystem – the maritime startup sector will be in focus, with a Keynote Address by Sarbananda Sonowal, Union Minister for Ports, Shipping, and Waterways, Government of India on the theme of ‘Building a future-ready maritime shipping industry to power India@100.’ The Summit – scheduled to bring together key policymakers, entrepreneurs, investors and ecosystem stakeholders in Bengaluru on August 26 – will feature a special Maritime Startup Spotlight Track which will also showcase disruptive startups from the sector, such as ShipsKart, Navalt, EyeROV, Planys, and Logstar, among others, along with the launch of a report on the 50 Emerging Maritime Startups of India.Register now for the ET Soonicorns Summit With a focus on fostering connections, sharing actionable insights, and enabling collaborations, the ET Soonicorns Summit provides a platform for startups, investors, policymakers, and industry influencers to explore the key trends and themes shaping India’s innovation economy and define a roadmap for powering the future of India's technological transformation. The Inaugural Session of the ET Soonicorns Summit, which will feature the Keynote Address by Union Minister Sonowal, will also include inaugural addresses by influential leaders in the ecosystem.

By Nivedita Balu and Fergal Smith

Investing.com — U.S. crude stocks fell by just over six million barrels last week, more than double the level forecast. But output of oil in the largest producing country hit new three-year highs, a government report showed on Wednesday, as supply-demand of the commodity remained volatile from persistent Saudi attempts to squeeze a market at a crossroads due to the sluggish economy in top importing nation China.

NASA, and more. The two European stations will complement support from NASA's Deep Space Network and ISRO's own stations to ensure the spacecraft's operators never lose sight of their pioneering Moon craft. Meanwhile, the Canberra Deep Space Communications Complex, which is part of NASA's Deep Space Network, earlier tweeted, “The Goldstone Deep Space Communications Complex, part of said Our sister station @GoldstoneDSN continues with two-way communications for @isro's #Chandrayaan3 mission to the Moon.

Retail sales flatlined in the second quarter while sales volume dropped 0.8 per cent, Statistics Canada said on Aug. 23, signs that economic activity is weakening as the Bank of Canada’s rate hikes take a deeper hold.

Detached home prices fell early this year, but an influx of buyers looking to take advantage of cooling valuations ultimately pushed prices back up in some of Canada’s hottest housing markets, though not to year-ago levels, a new report from Re/Max Canada says.

40x in the next four months. A few months back, Arbitrum (ARB) made big waves in the Layer-2 blockchain sector with its significant adoption rate. However, the launch of Optimism and Base has challenged the dominance of Arbitrum (ARB).

Narendra Modi keenly tracking the rover's descent from South Africa. “We have achieved soft landing on the moon.

Student testimonials are based on ‘do my programming assignment’ survey conducted by SicarioAds from Ivy League Colleges Students USA. From Java to C++, their coding assignment helper expertise spans a range of languages. So if you are looking for someone to "do my programming assignment"? Look no further. Assesment Help's best programming assignment help USA offers unparalleled services extend to timely deliveries and precise solutions, meeting academic deadlines with ease.

solar panels. Sungarner Energies Ltd offers its clients engineering, design, and solution-related services. Additionally, the company offers a variety of services, including the operation and maintenance of solar power generation systems and projects involving solar power plants.

₹ 8,278 crore into RRVL, a subsidiary of Reliance Industries Limited. This investment values RRVL at a pre-money equity value of ₹ 8.278 lakh crore.

Tax planning and wealth management firm Avantax has acquired a seven-member team managing around $330 million in client assets.

Global investors have been shedding China’s blue-chip stocks during the longest stretch of outflows on record, showing even the nation’s industry leaders are falling out of favor as a rout deepens.

Reliance Industries Ltd (RIL) on Wednesday announced that Qatar Investment Authority (QIA) will invest Rs 8,278 crore in its subsidiary Reliance Retail Ventures. This investment values Reliance Retail Ventures at a pre-money equity value of Rs 8.28 lakh crore. The investment by the Qatari fund will translate into a nearly 1% stake in the retail major. In 2020, Reliance Retail Ventures raised Rs 47,265 crore by selling a stake to various global investors.

HSBC. Amid general concerns around the global slowdown, the investment bank said India's earnings should stand out in the current fiscal and will likely act as a key catalyst for markets. After relative underperformance for the first two months of the year, India has been the best-performing market since March. The FTSE India index is up 16.7% in USD terms as of 21 August, led by FII flows, strong earnings outlook and relatively stable macro conditions. «Even as global growth concerns escalate, India still stands out, but earnings resilience is key to sustaining positive momentum,» HSBC said. For HSBC's coverage universe, average sales, EBITDA and PAT grew by 6%, 21% and 42% year-on-year, broadly tracking expectations, aided by margin expansion as key commodity costs declined.

Madanagopal Ramu, Head of Equities, Sundaram Alternate Assets, says: “One theme is the India growth story and financial inclusiveness and one can look at NBFCs, which are lending for small ticket loans, operating on a regional basis where the banks find it very difficult to come through. There are many small ticket financiers in the NBFC space or even small even small financial banks you can pay attention to. We find good opportunities here where people can make money. The second sector is manufacturing. Third is the consumer discretionary. Consumer discretionaries got impacted last year due to the noise around inflation. But we did not really see too much impact in consumption. ”I would like to understand which side of the debate do you stand for? One side is saying midcaps and smallcaps are on steroids and it’s time to be careful. Others are saying that midcaps and small caps actually represent the India story and the numbers are supporting the up move. The valuations may have got a bit healthy but flows are also coming here, so it is not alarming yet.That is a very interesting question that you are asking.

Chandrayaan-3 Moon Landing: India's third lunar space mission is the result of immense hardwork fo ISRO scientists. Ahead of the planned landing of Vikram lander and Pragyan rover, know about the Tamil connect of ISRO spacecraft. Another thing which makes Chandrayaan-3 special is the presence of the scientific payload onboard the propulsion module.

Jio Financial Services will eventually see its exit from domestic benchmarks Nifty 50 and Sensex, the stock will remain among the elite group of MSCI and FTSE indices.FTSE Russell added Jio Financial back to the All-World cap index and a few others, while MSCI Inc will add the stock to its Global Standard and Largecap indices after market trading hours on Wednesday. Typically an inclusion or exclusion of a stock from MSCI/FTSE indices results in inflows or outflows as passive funds adjust their portfolio to the changes. However, the stock’s presence in global indices is unlikely to result in any inflows or outflows, according to experts. “Unlike in India, where there are a set of criterias to be part of Nifty/Sensex, the breadth of global indices is wider. Therefore, Jio Financial will be in FTSE and MSCI indices,” says Abhilash Pagaria of Nuvama Institutional Equities. As funds owning RIL stock already have Jio Financial shares, there will be no fresh adjustments in their portfolio.