County Union Financial News

Tesla CEO Elon Musk has apologised to India's commerce minister Piyush Goyal for not being able to be with him during a visit to the company's factory in Fremont, California. The billionaire said it was an "honour" to have Goyal visit the Fremont plant and expressed optimism about meeting the minister at a later date.

Arab militias rampaged through a town in Sudan's war-ravaged region of Darfur, reportedly killing more than 800 people in a multiday attack, doctors and the U.N. said. The attack on Ardamata in West Darfur province earlier this month was the latest in a series of atrocities in Darfur that marked the months long war between the Sudanese military and the paramilitary Rapid Support Forces, RSF. Sudan has been engulfed in chaos since in mid-April, when simmering tensions between military chief Gen.

The CEO of MGM Resorts International said in an earnings call that he believed contract negotiations underway Wednesday would lead to a tentative agreement with the Culinary Workers Union

Hollywood actors have reached a tentative deal with studios to end their months-long strike, the Screen Actors Guild (SAG-AFTRA) said Wednesday. «In a unanimous vote this afternoon, the SAG-AFTRA TV/Theatrical Committee approved a tentative agreement… bringing an end to the 118 day strike,» a spokeswoman said in a statement. «The strike officially ends at 12:01 am on Thursday, November 9.»

With the interest rate on post office RDs being increased to 6.7% for the October-December quarter, it may be worth your time to check out the features of a recurring deposit at your nearest post office. The post office RD is very similar to a systematic savings plan. You invest a certain sum every month for five years. Banks usually give you the option to book RDs for tenures ranging from 6 months to 5 years. But the post office does not give you that flexibility as it only has the option to make a 5-year deposit. This means your money has to stay invested for a longer period in a post office RD. Post office RD interest rate versus bank RD interest rates A five-year post office RD has an interest rate of 6.7% in the October-December quarter. Only a handful of well-known private sector banks offer higher interest rates. HDFC Bank and ICICI Bank offer an interest rate of 7% on RDs maturing in five years. ICICI Bank offers an interest rate of 6.9%. Canara Bank offers 6.75% and Bank of Baroda 6.75%. State Bank of India (SBI) and YES Bank offer 6.5% and Punjab National Bank 5.3% on a five-year RD.

stocks and raised bets on IT stocks in the September quarter. An analysis of shareholding patterns of BSE-listed companies shows that LIC dumped at least 84 stocks like Tata Motors, Reliance Industries (RIL), Dr. Reddy's Laboratories, TVS Motor, Dixon, ONGC, Reliance Power and Tata Elxsi. Of particular interest was LIC's strategy in dealing with banks and IT stocks.

The Blue Lock manga, known for its narrative and portrayal of the sports universe, has acquired its place among top-tier anime series since its release. Anticipation was in the air as enthusiasts eagerly awaited the release of the manga's chapter 239. However, much to their dismay, this much-anticipated chapter encountered an unexpected delay. Such hiccups in the world of manga, while rare, can generate a whirlwind of emotions among its dedicated followers.

Union Bank of India Q2 results: The government lender reported a whopping 90% rise in its net standalone profit to ₹3,511 crore in the September quarter of Financial year 2023-24. The bank reported a profit of ₹1,847.7 crore in the September quarter of FY 2022-23. Union Bank of India's net NPA reduced to 1.30% in the quarter under review from 2.64% in the year-ago period.

“Country after country as well as World Bank, United Nations, WTO, Africa Union, European Union, G20, BRICS, everyone is chanting that the digital infrastructure that India has built can accelerate the world economy, especially in those countries which have lack of infrastructure,” Bharti Airtel chairman Sunil Mittal said during the inauguration of India Mobile Congress. He also stressed about the success India has achieved in manufacturing, particularly digital infrastructure in the last few years. “I spoke about it last year that manufacturing of the scale and size which we want may not happen in India during my lifetime. But I realised that India is moving fast,” Mittal said. He highlighted that companies ranging from Apple to Dixon to Samsung and Tata’s, every company, be it small or big, are getting into manufacturing and India is emerging as a world leader in manufacturing, especially digital infrastructure.

PTI, “Whether it is World Bank, United Nations, WTO, African Union, European Union, G20, OECD countries, BRICS; everyone is saying that the digital infrastructure that India has built can accelerate the world economy, especially in those countries which have lack of infrastructure." Mittal informed that Airtel has already extended its WiFi services to 5,000 towns and 20,000 villages and expressed the company's commitment to providing nationwide 5G coverage by March 2024. Also Read: India Mobile Congress 2023: PM Modi inaugurates tech event at Bharat Mandapam today; Theme, schedule, other details here Mittal stressed, “Satellite communication and said that it is here to serve every inch of our country and of course the globe.

The boss of one of Australia’s largest unions has cautioned investment funds against pushing too hard for large manufacturers in hard-to-abate industries to cut emissions faster than offshore rivals.

Central Bank of India, and Bank of Maharashtra, up over 36 percent each. Meanwhile, Punjab National Bank, Indian Overseas Bank, Union Bank of India, UCO Bank and Punjab & Sind Bank have also advanced between 15 and 25 percent. On the other hand, in the Nifty Private Bank index, of its 10 constituents, 6 are in the green whereas 4 have given negative returns.

(Reuters) -Virgin Australia said on Tuesday it was in talks with its ground staff for a new deal after a union alleged that the carrier was not honouring its payment commitments to ground and cabin crew.

Religare Broking pointed out that the Nifty has been hovering in the range of 19,300-19,850 for almost a month now and inching lower after retesting the upper band. "We feel fresh weakness in the banking majors combined with the resumption of decline on the global front could push the index lower and 19,200-19,450 would continue to act as a crucial support zone," Mishra said. "Resilience in select heavyweights from auto, FMCG, pharma and realty majors would continue to offer buying opportunities.

₹2,275 a quintal from ₹2,125 last season and to ₹6,425 a quintal from ₹6,000 last season, respectively. Barley's MSP has been hiked to ₹1,850 from ₹1,735 a quintal last season while chana's MSP has been raised to ₹5,440 from ₹5,335.

California Gov. Gavin Newsom has signed a law to raise the minimum wage for health care workers

Sitharaman held discussions with US Treasury Secretary Janet Yellen on the policy priorities of the International Monetary Fund and how the institution should support its membership. The two met on the sidelines of the ongoing IMF-World Bank Annual meetings in Marrakech, Morocco, the Union Ministry of Finance informed. In her intervention, Sitharaman spoke about IMF's mandate and lending policies, a strong, quota-based, and adequately resourced IMF, Poverty Reduction and Growth Trust (PRGT) Financing and IMF Governance reforms. In her address, she also highlighted the role of IMF in addressing debt restructuring process bottlenecks and fostering cooperation on debt issues, including through co-chairing the Global Sovereign Debt Roundtable (GSDR) with India and the World Bank, according to the Finance Ministry. The roundtable discussion was hosted by US Treasury Secretary Yellen. A high-level seminar on «Strengthening the Financial Capacity of MDBs» was also organised by the G20 India Presidency. Sitharaman drew attention to India's G20 Presidency's focus on the importance of multilateralism to move towards coordinated and consensus-based solutions to global challenges and also highlighted that in line with the evolving needs of the membership, the IMF's primary focus needs to be macroeconomic surveillance and policy guidance. The participants during the seminar deliberated on various options to enhance multi-lateral development banks (MDBs) financing and how these options can be implemented most effectively across the MDBs. The Union Finance Minister also underscored the importance of the IMF to remain well-capitalised through quota-based resources to remain central to the global financial safety net. Expressing

Bank of Baroda: The Reserve Bank of India (RBI) on Tuesday asked the Bank of Baroda (BoB) to immediately suspend further onboarding of customers onto their mobile app ‘bob World’. This ban comes after RBI found material supervisory concerns while onboarding customers onto the app. Any further onboarding of customers of the bank on the app will be subject to rectification of deficiencies observed and strengthening of the related processes, said an RBI release.

secret ballot elections for the purpose of granting recognition to unions. In a letter addressed to the Railway Board Chairperson and CEO, the NFIR said the Railway Ministry had decided to conduct secret ballot elections in 2019 and as a follow-up, final modalities were circulated to all zones on August 16 that year.

By Mrinalika Roy

By Doyinsola Oladipo