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The Latest Breaking News from OCI

World’s biggest economies pumping billions into fossil fuels in poor nations

G20 countries spent $142bn in three years to expand operations despite a G7 pledge to stop doing so, study finds

The Guardian - UK

Delhi HC seeks Centre's stand on French journalist Vanessa Dougnac's plea over refusal to permit journalistic activities

The Delhi High Court sought the Centre’s stand on a petition by French journalist Vanessa Dougnac, an OCI card holder, against the denial of permission to carry out journalistic activities in India

The Hindu

Oracle Cloud Infrastructure experiences exponential growth, outpaces competitors in market

Oracle Cloud Infrastructure (OCI) is experiencing rapid growth in the competitive cloud service provider market. With a global scale and innovative offerin...

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How OCI journalists in India are navigating uncertain work permissions amid govt scrutiny

French journalist Vanessa Dougnac, whose overseas citizenship of India status is under threat, first came under the government’s scrutiny more than two years ago. In September 2022, the ministry of home affairs revoked her special permission to work in the country as a media professional.

Newslaundry

Banks have no power to withhold or retain passport or OCI card: Karnataka High Court

Banks have no power in law to either withhold or retain a passport issued by a foreign country or the Overseas Citizen of India (OCI) card, the High Court of Karnataka has said.

The Hindu

Madras High Court played a role in selecting the Indian Men’s Bridge team that clinched silver in Asian Games 2023

Congrats to Indian Men's Bridge Team for Silver Medal at Asian Games; Madras High Court played key role in selection. Bench dismissed writ appeal of OCI seeking to represent India in international tournaments. Court concurred with BFI that only Indian citizens can represent country. Judges stated OCI cardholders cannot seek…

The Hindu

Is Oracle a Good AI Stock to Buy Now?

Oracle stock has almost tripled in the last five years and continues to outpace the broader markets in 2023. Should the cloud giant be a part of your equity portfolio right now?

Barchart

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Green shipping is here. Except it really isn't

Does the transition to green shipping depend on greater demand? Maybe, maybe not.

Fortune

3 Great Stocks to Buy and Hold Until You Retire

The recent banking turmoil caused by high-profile bank failures, renewed recession fears, and uncertainty over the Fed’s next move have significantly affected investor sentiment. Amid an uncertain market backdrop, it could be wise to buy and hold fundamentally sound, dividend-paying stocks Oracle Corporation (ORCL), CVS Health (CVS), and Humana (HUM)…

StockNews.com

Working prisoners are entitled to employment and safety standards just like anybody else

The Correctional Service of Canada (CSC) recently ended its longstanding relationship with the meatpacking company, Wallace Beef.

The Conversation

UAE Exports First Low-Carbon Ammonia Shipment

The Abu Dhabi National Oil Company (ADNOC) announced on Thursday that it had shipped its first ever shipment of low-carbon ammonia to Hamburg, Germany. Arubis, a global provider of non-ferrous metals and one of the world's largest copper recyclers, will receive this shipment. Developed by Fertiglobe, a partnership between ADNOC…

Asharq Al-Awsat

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