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Just two words, 'Dignity' and 'Grace': Mahindra on pic of Japan football coach

Mahindra Group's Chairman Anand Mahindra on Tuesday commented on the viral picture of Japan's football team coach bowing to the team's fans, by tweeting, "Just two words to describe this: Dignity. Grace." Japan's coach Hajime Moriyasu thanked the fans by bowing to them after the team's last FIFA World Cup 2022 match. Croatia beat Japan to reach the quarter-finals. readmore...


Melinda Gates meets President Murmu, FM Sitharaman during India visit

Melinda French Gates, the Co-Chair and Trustee of the Bill and Melinda Gates Foundation, met President Droupadi Murmu and Finance Minister Nirmala Sitharaman in Delhi on Tuesday. On Monday, she met with Union Minister Smriti Irani, Health Minister Mansukh Mandaviya and several other ministers. She also took part in the 'Women Leading Change in Health and Science in India' conference. readmore...


What reforms when we don't have an economy: Sri Lankan President

Making a strong pitch for a new economic model, Sri Lankan President Ranil Wickremesinghe acknowledged that there was no point in economic reforms "when we don't have an economy". "What is the plan for reform? Frankly, I have no plan for it," a Lankan daily quoted Wickremesinghe as saying. Sri Lanka is going through its worst economic crisis since independence. readmore...


Who are the 10 nominees for TIME's 2022 Person of the Year?

Chinese President Xi Jinping, US Supreme Court, Tesla CEO Elon Musk, US Representative Liz Cheney and Ukraine President Volodymyr Zelenskyy are TIME magazine's 2022 Person of the Year nominees. Other nominees are philanthropist MacKenzie Scott, protesters in Iran, Florida Governor Ron DeSantis, US Treasury Secretary Janet Yellen and gun safety advocates. Musk won the title in 2021. readmore...


Donald Trump's son expected to visit India to expand business

Donald Trump Jr, the Executive Vice President of The Trump Organization and the son of former US President Donald Trump, is expected to visit India this month. He may announce the company's expansion in the Indian real estate market, Tribeca Developers said. New York-based The Trump Organization entered the Indian real estate market through a partnership with Mumbai-based Tribeca Developers. readmore...


Jet Airways revival faces delay as lenders seek more funds from owners: Report

Bankrupt Jet Airways' lenders, led by SBI, are asking the new owners—Murari Lal Jalan and Florian Fritsch—to pay an additional $30.1 million into the retirement fund, Bloomberg News cited sources as saying. As the new owners have indicated that extra money isn't part of the already agreed-upon resolution plan, the airline's revival by resuming operations could further see a delay. readmore...


Rare to see an upgrade: Mahindra on World Bank's GDP forecast for India

After the World Bank raised GDP growth forecast for India to 6.9% for 2022-23 from 6.5%, Mahindra Group's Chairman Anand Mahindra said it was rare to see an upgrade in a GDP forecast these days. "Now, what would be REALLY energising...if we could make even this forecast obsolete and get our GDP to vault over the 7% bar!" he tweeted. readmore...


Azim Premji Foundation forays into healthcare for backward areas

Azim Premji Foundation plans to set up healthcare clinics in country's backward towns along with multi-speciality hospitals and a medical university. "We've done significant work on health during the pandemic...and this will be a key area of work for us going forward," said CEO Anurag Behar. "Our focus will be on improving health of underserved communities across geographies," he added. readmore...


Goldman Sachs eyes investment in crypto firms after FTX collapse

After the collapse of FTX, Goldman Sachs is looking to buy or invest in cryptocurrency companies, the company's Global Head of Digital Assets Mathew McDermott said. "We do see some really interesting opportunities...priced much more sensibly," McDermott said. He added there is a need for more trustworthy, regulated cryptocurrency players and big banks see an opportunity to pick up business. readmore...


Emerging economies keen to replicate India's digital transformation: Kant

India's G20 Sherpa Amitabh Kant said that several countries at the Sherpa meeting are stressing on the "need to replicate" India's technological transformation and digital public infrastructure. Referring to India's initiatives such as Aadhaar, UPI and direct benefit transfer, Kant added that "there was a lot of interest and a lot of appreciation for what India has done". readmore...


DocsApp shuts down, merges with parent MediBuddy

Digital healthcare platform MediBuddy on Tuesday said it will shut down online doctor consultation provider DocsApp and merge it completely with the company. They announced the merger in June 2020 in a cash-and-stock deal, wherein the companies had agreed to continue existing independently. MediBuddy said it will facilitate the transition for all DocsApp subscribers to its platform. readmore...


EU reaches agreement to ban products causing deforestation

European Union (EU) lawmakers and governments on Tuesday reached a deal banning the products which contribute to deforestation. The preliminary agreement requires companies to verify that the goods they sell in EU have not led to deforestation and forest degradation anywhere in the world as of 2021. The new rules cover cattle, cocoa, timber, rubber and charcoal, among others. readmore...


We want to build a new economy: Sri Lankan Prez Wickremesinghe

Sri Lankan President Ranil Wickremesinghe has said there was no point in introducing economic reforms in the island nation as the current economy is very weak. "What we want to do is to build a new economy," he explained. Sri Lanka is in the midst of its worst economic crisis since its independence in 1948. readmore...


Prada to name former Luxottica chief Andrea Guerra as new CEO

Italian fashion group Prada said on Tuesday that former Luxottica chief Andrea Guerra, 57, will be named its new CEO at a board meeting to be held on January 26 by Prada Holding, which owns 80% of Prada group. Current Co-CEO Patrizio Bertelli, 76, will be appointed Chairman at the annual shareholder meeting next spring. readmore...


Many headwinds to more than halve second half's GDP to 4-4.5%: Report

According to India Ratings, rising headwinds will more than halve the GDP growth to 4-4.5% in the second half of FY23. The economic recovery in first half of FY23 was resilient and encouraging, the report added. The challenges such as high inflation and weak demand are expected to pull down the economic growth from 9.7% in the first half. readmore...


Global airline industry to return to profit in 2023: IATA

International Air Transport Association (IATA) said that it expects the airline industry to return to profitability in 2023 for the first time since 2019, after suffering pandemic-induced losses. IATA expects a net profit of $4.7 billion next year, with over 4 billion passengers. IATA narrowed its forecast for industry-wide losses for 2022 to $6.9 billion from $9.7 billion. readmore...


Windfall tax may be phased out in 2023 as oil rates moderate: Fitch

Fitch Ratings said it expects the windfall profit tax to be phased out in 2023 as oil rates are moderating. The Centre in July had introduced the tax on domestically-produced crude oil and on the export of petrol, diesel and aviation turbine fuel to take away windfall gains accruing to oil companies from a surge in energy prices. readmore...


GST Council to consider decriminalisation of offences under GST law

The GST Council, headed by Finance Minister Nirmala Sitharaman, is likely to discuss decriminalisation of offences under GST law in its next meeting, officials said. One of the proposals before the Council is to raise the threshold limit for launching criminal proceedings under GST for offences over ₹20 crore. The 48th GST Council meeting will be conducted on December 17. readmore...


Cut excise duty on CNG till it's part of GST: Kirit Parikh panel

A Kirit Parikh-led committee has recommended the Union government to moderate the central excise duty on CNG till natural gas is part of the GST regime. It'll "reduce the burden of higher natural gas costs on the consumers", the committee said. The central government charges a 14% tax on CNG while states levy up to 24.5% VAT on gas. readmore...


Pfizer, BioNTech countersue Moderna for copying COVID vaccine tech

Pfizer and its German partner BioNTech are countersuing Moderna in a patent lawsuit over the COVID-19 vaccine and alleged that Moderna's patents are invalid. Moderna had sued Pfizer/BioNTech in August, for copying the mRNA technology for COVID-19 vaccines patented by Moderna prior to COVID-19. The three companies are also involved in US patent disputes with other companies over the vaccines. readmore...


Rupee drops 76 paise to close at 82.61 against the US dollar

The Indian rupee declined by 76 paise to close at 82.61 against the US dollar on Tuesday. At the interbank foreign exchange market, the local currency opened at 81.94, then slipped further to end at 82.61, registering a fall of 76 paise against the American currency. The local currency witnessed an intraday high of 81.94 and a low of 82.63. readmore...


India's coal production rises 11.66% to 75.87 mn tonnes in November

India's total coal production increased by 11.66% to 75.87 million tonnes (MT) in November 2022, according to data from Ministry of Coal. In comparison, the figure stood at 67.94 MT in the same period last year. Of the top 37 coal mines, 24 produced over 100% and five produced between 80% and 100% in terms of output in November 2022. readmore...


RBI may hike repo rate by 25 bps on December 7: Fitch

RBI may increase the repo rate by 25 basis points (bps) to 6.15% on December 7 and hold this rate throughout 2023, Fitch Ratings said. In its Global Economic Outlook report, Fitch retained its GDP growth forecast for India for the current financial year at 7%. "The worldwide economic slowdown is expected to reduce demand for Indian exports," Fitch warned. readmore...


Govt to allow foreign funds to own over 51% stake in IDBI Bank

The Centre clarified that it will allow a consortium of foreign funds and investment firms to own over 51% stake in IDBI Bank. As the current RBI guidelines restrict foreign ownership in new private banks, the government said the residency criteria for promoters applies only to newly set up banks and wouldn't apply to an existing entity like IDBI Bank. readmore...


Fitch retains India's growth forecast at 7% for this fiscal

Fitch Ratings retained India's economic growth forecast at 7% for FY23 and said that India could be one of the fastest-growing emerging markets this year. However, the rating agency cut the projections for the next two financial years stating that even though India is shielded to some extent from global economic shocks, it won't be unaffected by global developments. readmore...


Stocks give up gains, S&P 500 turns negative as Treasury yields hit new highs - CNBC

Investors continued to monitor surging Treasury yields for recession signals even with a stronger-than-expected earnings season underway.

Stocks were mixed in choppy trading on Thursday as investors weighed several key earnings reports and kept an eye on the bond market, where Treasury yields continue to climb. The Dow Jones Industria… [+1974 chars] readmore...


AT&T CFO: Overdue bills 'slightly worse than pre-pandemic norms' - Yahoo Finance

#AT&T #pandemic #yahoofinance AT&T CFO Pascal Desroches joins Yahoo Finance Live Brian Sozzi, Brad Smith and Julie Hyman to discuss company earnings, subscri...

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Principal Asset Management on Financial Inclusion and Economic Resilience - Bloomberg Live

Kamal Bhatia, Chief Operating Officer, Principal Asset Management discusses financial inclusion and economic resilience with Bloomberg's Sonia Meggie at the ...

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American Air CFO on Costs, Demand, Industry Constraints - Bloomberg Markets and Finance

American Airlines CFO Derek Kerr says the airline isn't flying as much as the company wants due to industry constraints. Speaking on "Bloomberg Markets," Ker...

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Mortgage rates rise to 6.94% for 30-year - Yahoo Finance

Don't Miss: Valley of Hype: The Culture That Built Elizabeth HolmesWATCH HERE:https://youtu.be/Sb179GLPNYESubscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb...

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Fed's Harker sees 'lack of progress' on inflation, expects aggressive rate hikes ahead - CNBC

Philadelphia Federal Reserve President Patrick Harker on Thursday said higher interest rates have done little to keep inflation in check, so more increases will be needed.

Philadelphia Federal Reserve President Patrick Harker on Thursday said higher interest rates have done little to keep inflation in check, so more increases will be needed. "We are going to keep rais… [+1532 chars] readmore...


Fed's Bullard: Federal Reserve will be closer to 'ordinary' monetary policy next year - Yahoo Finance

#FederalReserve #interestrates #inflation Yahoo Finance's Jennifer Schonberger reports on the latest Fed commentary on interest rate hikes and the housing ma...

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Tata Consumer Q2 profit rises 36% to Rs 355 crore, margins hit by international biz - Moneycontrol

Consolidated revenue came in at Rs 3,363 for the quarter, an increase of 11 percent

Tata Consumer Products on October 20 reported a 36 percent year-on-year (YoY) growth in net profit at Rs 355 crore for the quarter ended September. In the corresponding quarter last fiscal, net profi… [+3013 chars] readmore...


Lower aluminum prices weigh on Alcoa earnings - Yahoo Finance

#aluminum #Alcoa #yahoofinance Yahoo Finance anchors Julie Hyman, Brian Sozzi and Brad Smith discuss Alcoa earnings missing estimates as aluminum prices fall...

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Cebr and Bank of Ireland talk New Voices, New Solutions and Tackling Inflation - Bloomberg Live

Nina Skero, Chief Executive, Cebr and Semin Soher Power, Head of Inflation Trading, Bank of Ireland, two graduates from Bloomberg's Global New Voices discuss...

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American Airlines: Our customers aren't buying international first class tickets. So we're eliminating them - CNN

American Airlines expanded on its plan to drop international first-class cabins and replace them with more business class seats.

American Airlines expanded on its plan to drop international first-class cabins and replace them with more business class seats. The move was first disclosed last month and reiterated in a conferenc… [+784 chars] readmore...


Google Fined Rs 1,337 Crore In India For "Abusing Its Dominant Position" - NDTV

The country's competition regulator has fined Alphabet Inc's Google Rs 1,337 crore for anti-competitive practices related to Android mobile devices.

The CCI has fined Google over Rs 1,000 crore for anti-competitive practices New Delhi: The country's competition regulator has fined Alphabet Inc's Google Rs 1,337 crore for anti-competitive practic… [+1916 chars] readmore...


National Grid to pay households more to use off-peak power - The Guardian

Homes with smart meters to be paid £3 per KW hour to boost use at night and take strain off power grid

National Grid has significantly increased its financial incentive for households that shift their power usage away from peak times as part of a renewed effort to prevent rolling power cuts. Its elec… [+3640 chars] readmore...


Introduction to Contrast Injectors - MD Publishing, Inc.

Stephen Maull, Owner, Maull Biomedical Training LLCThis course will teach the purpose of contrast injectors, the principles of why the different parameters a...

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How much small business owners should pay themselves - CNBC

Many founders invest profits back into growing a business. Setting their own take-home pay remains a challenge, and it is often overlooked.

Many small business owners have trouble figuring out an appropriate take-home pay as the company expands, and some dont pay themselves at all. These mistakes can easily come back to bite the founder … [+5447 chars] readmore...


PH shares join regionwide sell-off amid Wall Street losses - ANC 24/7

The World Tonight: Philippine shares joined a region-wide sell-off, as fund managers decided to trim positions following Wall Street's losses.For more ANC Hi...

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'Buy Russian Gas,' Qatar Backs Off From Supplying Gas to Europe | Russian Gas Only Solution - Firstpost

Europe has been warned. It has been told in no uncertain terms that there is no alternative to Russian natural gas supplies, unless Europe wants to get devas...

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Over 1.5M dry shampoo products recalled in Canada over cancer risk - Global News

Several lots of hair products by Dove, Bed Head and Tresemmé have been recalled across Canada due to the detection of benzene, a cancer-causing chemical.

Thousands of Unilever hair products have been recalled across Canada due to the detection of benzene, a cancer-causing chemical. Health Canada issued the recall Tuesday for more than 1.5 million dry… [+1627 chars] readmore...


Lidl, Iceland and Tesco among retailers recalling products - Eastern Daily Press

A "do not eat" warning has been issued for a number of products sold at major supermarkets, including Lidl, Iceland and Tesco.

A "do not eat" warning has been issued for a number of products sold at major supermarkets, including Lidl, Iceland and Tesco.  Trading Standards has issued warnings about a number of items that sho… [+2462 chars] readmore...


Amazon could pay UK shoppers £900m compensation - BBC

A group-action claim alleges Amazon breached competition law and caused customers to pay higher prices.

Amazon shoppers in the UK could receive a share of £900m in compensation, once a legal claim is submitted against the technology giant. The proposed claim alleges the company breached competition l… [+3693 chars] readmore...



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