Beyond Financial News

C-295 transport aircraft of the Indian Air Force landed at Air Force Station, Vadodara, on Wednesday. The aircraft was flown by Group Captain PS Negi and landed today after taking off from Bahrain, news agency ANI reported quoting IAF officials. The aircraft would be formally inducted into the Indian Air Force by Defence Minister Rajnath Singh at a ceremony scheduled on September 25 at the Hindan airbase near Delhi.

It was just four months ago that India’s Commerce and Industry Minister Piyush Goyal at an event in Toronto hinted at the possibility of inking a trade deal with Canada by the end of this year, providing hopes of breaking a decade-long deadlock between the two countries.

Options traders are seeking protection from higher interest rates ahead of Wednesday’s Federal Reserve policy decision. 

BNB, Dogecoin, and Litecoin were trading with cuts. Bitcoin (BTC) rose 0.92% to $27,044, whereas Ethereum (ETH) was above the 1,600 level. Meanwhile, the global cryptocurrency market cap was trading higher, around $1.07 trillion, rising 0.62% in the last 24 hours. «Bitcoin's price has surged beyond the $27,000 threshold, and this upward trajectory could likely be attributed to Nomura, one of Japan's leading investment banks, unveiling a Bitcoin-based fund designed for institutional investors,» said Edul Patel, CEO & Co-founder of Mudrex. Market sentiment currently varies from neutral to bullish as market participants await the Federal Reserve's FOMC decision regarding interest rates, set to be announced later today, Edul said.

Neelkanth Mishra, Chief Economist, Axis Bank; Head of Global Research, Axis Capital, says coming to “investment themes, I am observing that because everyone wants to invest in defence and railways, there is a very steady rise in price-to-earnings multiples without an appropriate visibility on what is happening with their own order books. Will they be able to participate in this? Will they be able to compete in this? Even on something like electronics, there is a very good probability that India's electronics ecosystem will continue to grow.”Capex seems to be focused around infrastructure development. Road has been a resounding success. Now it is tilting towards defence and railways. While the shift is happening, equity markets have been mighty excited. We know about the rally in defence, railway and shipbuilding stocks. What is the right way of understanding these government commitments towards shipbuilding, road, defence, railways? Can you connect the equity market outlook?The central government can control these sectors directly. National highways, railways, defence are central subjects and this is where the central government can play a big role. On the road side, it is unreasonable to expect that if you are already doing 15,000-16,000 km a year, you will be able to do much more than 18,000-20,000 km a year. So incremental growth in terms of the pace of construction at the national highway level may not really accelerate from here.

Introducing the dynamic partnership between Indian businessman Vikash Sorout and UK Prime Minister Rishi Sunak, a collaboration that is set to reshape the future of business investments! With their shared vision for economic growth and global expansion, these two influential figures have joined hands to unlock unparalleled opportunities in both India and the United Kingdom. 

start-ups. However, big tech or companies like Google, Meta, Apple and others that would already be complying with global data protection or privacy laws such as the GDPR, would be expected to comply at the earliest. “They would have to make a strong case why they need more time for transition.

Hopes were always high for Christopher Nolan’s “Oppenheimer.”

Japan has reported that its exports fell 0.8% in August from a year earlier, with steep declines in shipments to China and the rest of Asia

A look at the day ahead in European and global markets from Tom Westbrook

Investing.com-- Gold prices fell slightly on Wednesday as traders kept clear of big bets before an interest rate decision from the Federal Reserve later in the day, with a recent rise in inflation brewing concerns over a potentially hawkish outcome.

market capitalization to more than $1 trillion. Intel Inc. does not want to be left behind in the AI race, as was evident during the Intel Innovation 2023 event that began on 19 September in San Jose, California.

India and Canada over the killing of Khalistani terrorist Hardeep Singh Nijjar. Speaking to ANI, MS Bittar, Chairman of the All-India Anti-Terrorist Front said in present-day India, which is more assertive and aspirational, such attempts by a handful of people to tarnish the community at the behest of neighboring Pakistan, will not be tolerated. "We will not tolerate if someone tries to peddle an agenda to break or splinter India.

Elon Musk, has obtained permission to kick off its first human trial. The focus of the clinical study will be on patients suffering from paralysis caused by cervical spinal cord injuries or amyotrophic lateral sclerosis (ALS). The announcement came on September 19 although the specific number of participants remains undisclosed.

As often has been the case, this week's Federal Reserve meeting will be less about what policymakers are doing now than what they expect to be doing in the future.

Republican and Democratic lawmakers pressed an SEC official Tuesday to drop a mutual fund reform proposal they say would hurt ordinary investors — but they didn’t get the response they wanted.

Investigators say a blast that prompted evacuations near Union Pacific's massive railyard in western Nebraska last week appears to be accidental

Asian Games football competition here on Tuesday.Giao Tianyi (17th min), Dai Weijun (51st min), Tao Qianglong (72nd and 75th minute) and Hao Fang (90+2) scored for the hosts, while Rahul KP's (45+1 minute) equaliser from an acute angle was possibly the best strike of the match. It was heartening to see a third-string team holding the title contenders on an even keel during the first 45 minutes, which saw Indian custodian Gurmeet Singh Chahal valiantly save a spot-kick taken by rival captain Zhu Chenjie. India now need to beat Bangladesh and Myanmar in their remaining two games to qualify for the second round. Myanmar beat Bangladesh 4-2 in another game in this group. Having reached the Games Village late on Monday evening, the third-string Indian team, with not even four specialist defenders in their ranks, didn't have enough co-ordination amongst themselves. They looked jet-lagged, not rested enough and there was no way that there could have been a miracle.

Hopes were always high for Christopher Nolan’s “Oppenheimer.”

₹13.8 trillion, compared to ₹17 trillion in 2021-22. During the same period, gross financial assets of households grew 14% from a year ago to reach ₹29.6 trillion. However, the financial liabilities witnessed a substantial 76% growth during the period, outpacing the growth in assets.

'Just like we've shifted from carbon credit to green credit, can we also change this pattern… instead of celebrating the consumer rights day worldwide out of compulsion, can we take the leadership in talking about consumer care day,' he said. 'Once we start celebrating consumer care day, you will see the change in the environment with big positive signals.' Modi's speech is timely, given the growing concerns about the impact of businesses on consumers and the environment.