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India will be unable to plug jobs gap even with 7% growth, says Citigroup

Citi estimates India will need to create about 12 million jobs a year over the next decade to absorb the number of new entrants to the labor market

India will be unable to plug jobs gap even with 7% growth, says Citigroup
Updated On : 06 Jul 2024 | 12:37 PM IST

Canada's policies to protect mining sector to shield takeover targets

The move appears to insulate domestic companies from takeovers when the world's biggest mining firms are hunting for metals that underpin the global transition away from fossil fuels

Canada's policies to protect mining sector to shield takeover targets
Updated On : 06 Jul 2024 | 10:15 AM IST

Reformist Pezeshkian wins Iran's presidential runoff election, beats Jalili

A vote count offered by authorities put Pezeshkian as the winner with 16.3 million votes to Jalili's 13.5 million in Friday's election

Reformist Pezeshkian wins Iran's presidential runoff election, beats Jalili
Updated On : 06 Jul 2024 | 10:00 AM IST

Hamas drops objections to US-backed cease-fire proposal as talks continue

An Israeli delegation led by Mossad chief David Barnea was in Qatar earlier Friday for the talks, and returned home late in the day

Hamas drops objections to US-backed cease-fire proposal as talks continue
Updated On : 06 Jul 2024 | 9:12 AM IST

President Biden's defiant interview unlikely to calm Democratic nerves

Biden did not accept that he trails Donald Trump in the polls, said he had not directly heard discussions among senior Democrats about asking him to step aside

President Biden's defiant interview unlikely to calm Democratic nerves
Updated On : 06 Jul 2024 | 9:01 AM IST

UK's newly-elected Parliament most diverse ever except at the top

The Conservatives went from having just two minority MPs in 2005 to 22 in 2019 as well as Britain's first Asian prime minister, who lit Diwali candles outside Downing Street with his family

UK's newly-elected Parliament most diverse ever except at the top
Updated On : 06 Jul 2024 | 7:23 AM IST

Biden casts debate as 'bad episode,' says, not sign of serious problem

Asked if he had watched his debate performance, which alarmed Democratic allies, Biden said he didn't think he had

Biden casts debate as 'bad episode,' says, not sign of serious problem
Updated On : 06 Jul 2024 | 7:14 AM IST

HDFC Bank mulling loan portfolio sale amid growth scrutiny: Report

Shares of the bank fell the most in a month on Friday after it reported flat sequential deposit performance in the quarter ended June

HDFC Bank mulling loan portfolio sale amid growth scrutiny: Report
Updated On : 06 Jul 2024 | 12:31 AM IST

Walmart heir Christy Walton joins Novogratz urging Biden to exit prez race

The business leaders, for their part, appealed to Biden's patriotic side around the nation's Independence Day, invoking the first US president

Walmart heir Christy Walton joins Novogratz urging Biden to exit prez race
Updated On : 05 Jul 2024 | 11:47 PM IST

MT Gox creditors' Bitcoin sale fears trigger fall to lowest since February

On top of that, administrators of the failed Mt. Gox exchange are returning an $8 billion hoard of Bitcoin to creditors in stages

MT Gox creditors' Bitcoin sale fears trigger fall to lowest since February
Updated On : 05 Jul 2024 | 10:50 PM IST

Turkey to soon unveil deal with China's BYD for $1 billion EV plant

Turkey's President Recep Tayyip Erdogan is expected to announce the deal on Monday during a ceremony in Manisa province

Turkey to soon unveil deal with China's BYD for $1 billion EV plant
Updated On : 05 Jul 2024 | 6:10 PM IST

Mossad chief goes to Qatar for talks with Hamas over Gaza ceasefire

Prime Minister Benjamin Netanyahu's cabinet discussed Hamas' latest offer on Thursday. He then held a 30-minute call with US President Joe Biden

Mossad chief goes to Qatar for talks with Hamas over Gaza ceasefire
Updated On : 05 Jul 2024 | 5:37 PM IST

Have no doubt that Trump sincerely wants to end war in Ukraine: Putin

I'm not familiar with his possible proposals on how he intends to do this, and that is, of course, the key question, said Vladimir Putin

Have no doubt that Trump sincerely wants to end war in Ukraine: Putin
Updated On : 05 Jul 2024 | 5:27 PM IST

Gene-edited food: New crops could help us mitigate, adapt to climate change

Scientists used CRISPR-Cas9, a precision gene-editing technique, to create a variety of risotto rice potentially resistant to Pyricularia oryzae, a pathogenic fungus which leads to rice blast disease

Gene-edited food: New crops could help us mitigate, adapt to climate change
Updated On : 05 Jul 2024 | 10:43 AM IST

UK elections: How Starmer defied expectations to lift Labour back to power

He has now led the Labour party to victory, on track for the biggest majority in Parliament since at least Tony Blair's New Labour landslide in 1997

UK elections: How Starmer defied expectations to lift Labour back to power
Updated On : 05 Jul 2024 | 10:21 AM IST

Hamas broadly agrees with cease-fire framework with Israel: US official

The official spoke after a half-hour phone meeting between President Joe Biden and Israeli Prime Minister Benjamin Netanyahu

Hamas broadly agrees with cease-fire framework with Israel: US official
Updated On : 05 Jul 2024 | 8:31 AM IST

What makes disconnecting trade ties with China expensive and challenging

The current global economic environment works against migration, standing in contrast to the increasingly tense geopolitical situation that adds urgency to decoupling

What makes disconnecting trade ties with China expensive and challenging
Updated On : 05 Jul 2024 | 8:16 AM IST

Indian banks see climate change as their biggest source of systemic risk

It wasn't until earlier this year that the RBI finally released a draft framework that would require financial institutions to devise and disclose their strategies to mitigate climate-related risk

Indian banks see climate change as their biggest source of systemic risk
Updated On : 05 Jul 2024 | 7:51 AM IST

LNG imports set to slump as monsoon hits power demand: S&P analyst

The South Asian nation bought some 2.6 million tons of the fuel last month, its highest since October 2020, according to Kpler data

LNG imports set to slump as monsoon hits power demand: S&P analyst
Updated On : 04 Jul 2024 | 5:05 PM IST

Tesla investment in India not anytime soon as Musk ceases contact: Report

Elon Musk's team hasn't made any further inquiries with officials in New Delhi after the billionaire postponed a visit to India in late April

Tesla investment in India not anytime soon as Musk ceases contact: Report
Updated On : 04 Jul 2024 | 3:34 PM IST