Indian stock market opens lower, pares early morning losses

Indian stock market opens lower, pares early morning losses

Mumbai: The Indian benchmark indices opened lower on Monday amid poor Q3 earnings and weak global cues in the week of Union Budget 2025-26. Sensex was trading at 75,756.52, down 433 or 0.57 percent at around 9.32 am while the Nifty 50 dropped below 23,000 at 22,963.75, or 128.45 points down (0.56 per cent). However, … Read more

PM Modi invites Indian diaspora in Kuwait to join global development efforts

PM Modi invites Indian diaspora in Kuwait to join global development efforts

Kuwait City: Lauding the hard work, achievement and contribution of the Indian community to the development of Kuwait, Prime Minister Narendra Modi on Saturday extended an invitation to diaspora members to participate in Pravasi Bharatiya Divas and Maha Kumbh events to be held next month while spotlighting that India of the future will be the … Read more

Who will it be? TIME’s Person of The Year 2024 shortlist revealed

Who will it be? TIME’s Person of The Year 2024 shortlist revealed

TIME Magazine has revealed its shortlist of candidates for the TIME Person of Year for 2024, which will be announced later today. Last year, the coveted title went to pop sensation Taylor Swift. Who will take it this year? The top ten were announced on NBC’s Today Show. Let’s have a look at who made the … Read more

India clocks double-digit surge in steel consumption amid global slowdown

India clocks double-digit surge in steel consumption amid global slowdown

New Delhi: India is the only large economy showing robust growth in the consumption of steel with a double-digit jump of 13.5 per cent in the first half of 2024-25, according to a statement of the Ministry of Steel issued on Wednesday. Even with a conservative demand growth of 10 per cent, the country will … Read more

Modi calls for global financial model to support cooperative sector

Modi calls for global financial model to support cooperative sector

New Delhi: Prime Minister Narendra Modi on Monday called for the creation of a new collaborative financial model to support cooperatives globally, emphasizing their potential to drive economic growth, particularly in developing nations. Speaking at an ICA Global Cooperative Conference, Modi launched the UN International Year of Cooperation 2025 and proposed setting up international financial … Read more

Youth Unemployment in India at 10.2%, lower than Global 13.3%

Youth Unemployment in India at 10.2%, lower than Global 13.3%

New Delhi: Union Minister of State for Labour and Employment Shobha Karandlaje cited statistics in the Lok Sabha on Monday to show that youth unemployment rates in India were lower than global levels. The minister cited a report by the International Labour Organisation’s (ILO) Institute for Human Development (IHD) which states that the worldwide youth … Read more

Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won’t be affected

Northvolt announces 1,600 layoffs in Sweden, insists Quebec EV battery plant won’t be affected

Electric vehicle battery manufacturer Northvolt says construction of a $7-billion plant on Montreal’s South Shore will proceed as planned, despite announcing on Monday its intention to lay off 1,600 employees in Sweden. The Swedish multinational said it plans to cut 1,000 jobs in Skellefteå, 400 in Västerås and 200 in Stockholm — about a fifth of its … Read more

TD Bank shakes up leadership amid scandal around anti-money-laundering program

TD Bank shakes up leadership amid scandal around anti-money-laundering program

TD Bank Group, which is mired in a money-laundering scandal in the U.S., said Raymond Chun will replace chief executive Bharat Masrani, who is retiring next year. Chun, who stepped into the role of head of Canadian personal banking last December, will become chief operating officer on Nov. 1 before taking over the top job … Read more