 "Gulf Oil International divests 4% stake in Gulf Oil Lubricants India for over Rs 263 crore, impacting share prices dramatically.")
Gulf Oil International Mauritius Inc. has successfully sold a 4 percent stake in Gulf Oil Lubricants India for over Rs 263 crore through open Market transactions. The sale involved approximately 1.95 million shares at an average price of Rs 1,351 each, lowering Gulf Oil International’s ownership from 71.76 percent to 67.8 percent. Notable buyers included ...
 "India’s labor market remains stagnant with 3.2% unemployment, overshadowed by rising self-employment, amidst evolving regulatory challenges and international agreements.")
The recent Periodic Labour Force Survey report for July 2023 to June 2024 shows that India’s unemployment rate remains steady at 3.2 percent, unchanged from the previous year. However, the report reveals significant challenges in the labor Market, including a growing trend of self-employment, with over half of the workforce categorized as “own account workers” ...
 "NIA raids linked to Khalistani separatist Gurpatwant Singh Pannun unveil conspiracies as tensions escalate over international threats.")
The National Investigation Agency (NIA) recently conducted searches at four locations in Punjab as part of an investigation into a terror-conspiracy case linked to Gurpatwant Singh Pannun, the leader of the banned organization Sikhs For Justice (SFJ). This operation took place in Moga, Bathinda, and Mohali, targeting premises connected to key suspects. During the searches, ...
 "Manufacturing exports plummet from 18% in FY13 to just 1.8% in FY24, signaling a dramatic decline in international sales.")
In a concerning trend for India’s manufacturing sector, the share of exports in total sales has plummeted by nearly two-thirds over the last decade, ending in the financial year 2022-23. Exports once made up over 18 percent of manufacturing sales in FY13, but this figure dropped dramatically to just 6.8 percent in FY23. Early estimates ...
 "In escalating tensions, Yemen’s Houthis threaten Israel and U.S. forces, amid ongoing violence in Gaza and international misinformation.")
The US recently denied claims made by a senior Houthi official that it offered recognition of the Houthi government in Yemen to halt their attacks. This statement followed a significant escalation, where a ballistic missile from the Iran-aligned Houthis reached central Israel for the first time. The group has been targeting Israel and ships they ...
 "International students face uncertain futures as immigration policies tighten, jeopardizing their educational dreams in key host countries.")
International students, especially from India, have long been vital for universities in advanced countries like the US, UK, and Canada. However, their future is becoming uncertain as governments look for ways to limit rising immigration numbers. Despite this challenging environment, the education loan Market in India is booming. Non-banking financial companies (NBFCs) are projected to ...
 "Israeli airstrikes in Gaza and the West Bank escalate violence, tragically killing civilians and stalling international cease-fire efforts amid ongoing conflict.")
In recent days, Israeli airstrikes have escalated in Gaza and the West Bank, resulting in significant civilian casualties and destruction. An attack on a UN school sheltering displaced families killed at least 14 people, including women and children. The ongoing conflict has now entered its 11th month, with over 41,000 Palestinians reported dead. Israel claims ...
 "Amidst global turmoil, S Jaishankar forges new alliances with Germany, discussing security, trade, and evolving international dynamics.")
External Affairs Minister S. Jaishankar is currently in Germany as part of a three-nation tour. During his visit, he met Michael Roth, the chairman of the German Parliament’s Foreign Affairs Committee, to discuss global challenges and explore new avenues for collaboration between India and Germany. Jaishankar also engaged in a dynamic conversation with foreign policy ...
 "Star Health Ventures International: A Bold Move for Global Reinsurance")
Star Health and Allied Insurance aims to enhance its international presence by collaborating with insurers in Africa and West Asia for inward reinsurance opportunities through GIFT City, as announced by MD and CEO Anand Roy. With approval to set up an international office at GIFT City, Star Health plans to offer reinsurance and concierge claim ...
 "BLS International Acquires SLW Media: A Strategic Move in Sports Management")
BLS International, a leading visa processing and consular services provider, has recently acquired a 51 percent stake in SLW Media, a sports management company specializing in golf, for Rs 80.24 lakh. This move enhances BLS International’s global footprint, enabling a seamless integration of golf events with its visa and travel services across over 66 countries. ...
