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Trump names hedge fund investor Scott Bessent as treasury secretary pick

23 Nov, 2024 8:30 AM

Washington, Nov 22 (IANS) President-elect Donald Trump has announced the name of Scott Bessent, a hedge fund investor, as his nominee for treasury secretary, one of the most important positions in his cabinet to deliver on his campaign promise of ushering in the golden age of the US.

International Business Politics

NEWS DATE: 22 Nov, 2024


Goyal urges India Inc to focus more on hi-tech sunrise sectors

22 Nov, 2024 11:29 PM

Bengaluru, Nov 22 (IANS) Commerce and Industry Minister Piyush Goyal on Friday urged the private sector to step up investments in high technology and sunrise sectors by leveraging the incentives offered under the government’s Rs 1 lakh crore fund to promote innovation.

Business

Albania joins SEPA, paving way for EU integration

22 Nov, 2024 9:12 PM

Tirana, Nov 22 (IANS) Albania officially became a member of the Single Euro Payment Area (SEPA) on November 21, 2024, the Bank of Albania (BoA) has announced.

International Business

Japanese government approves 250-billion USD economic package to ease price pain

22 Nov, 2024 9:07 PM

Tokyo, Nov 22 (IANS) The Japanese government approved a comprehensive economic package worth 39 trillion yen (about 250 billion US dollars) on Friday, as it seeks to shore up consumer spending amid rising prices.

International Business


Six pharma companies to set up their units in Telangana

22 Nov, 2024 9:02 PM

Hyderabad, Nov 22 (IANS) Six pharma companies will invest Rs 5,260 crore to set up their manufacturing units in Telangana, it was announced on Friday.

Business HEALTH/MEDICINE Politics

UK to increase energy price cap by 1.2 per cent

22 Nov, 2024 8:54 PM

London, Nov 22 (IANS) The United Kingdom's (UK) energy price cap is set to increase by 1.2 per cent from January to March 2025, the UK's energy regulator announced on Friday.

International Business

West Bengal bars exports of potato to other states for now

22 Nov, 2024 7:55 PM

Kolkata, Nov 22 (IANS) With the prices of potatoes, the staple ingredient of any Bengali dish, skyrocketing, export of the vegetable from West Bengal to other states has been barred for the time being, it was announced on Friday.

Business Politics

Centre completes auction of 3 coal blocks, to yield annual revenue of Rs 2,710 crore

22 Nov, 2024 7:38 PM

New Delhi, Nov 22 (IANS) The Coal Ministry executed the mining agreements for three coal blocks with successful bidders on Friday. The event marked the successful auctions of 104 coal blocks till date, since the launch of the new commercial coal mining policy in the country by Prime Minister Narendra Modi.

Business Politics


Quick commerce workforce expansion to surge by 60 pc in India

22 Nov, 2024 7:15 PM

Bengaluru, Nov 22 (IANS) The Indian logistics, e-commerce, FMCG and consumer durables sectors saw a noticeable surge in workforce growth this festive season, and quick commerce saw substantial growth during the Diwali gifting period, with a 25-30 per cent increase in workforce compared to regular months, said a report on Friday.

Business Science/Tech

No engagement with Adani Group, claims baseless: BJD

22 Nov, 2024 6:23 PM

New Delhi, Nov 22 (IANS) Odisha's former ruling Biju Janata Dal (BJD) on Friday clarified the power purchase agreements (PPAs) in the state with the Adani Group, saying that claims being made regarding the state are "baseless and incorrect".

Business Politics



 

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