County Union Financial News

Union workers at Mack Trucks are on strike after voting down a tentative five-year contract agreement that negotiators had reached with the company

Buy or sell stocks for today: Following strong global cues on ease in US dollar index, Indian stock market ended higher on second day in a row on Friday last week. Nifty 50 index gained 107 points and closed at 19,653 levels, BSE Sensex shot up 364 points and ended at 65,995 mark whereas Bank Nifty index finished 147 points higher at 44,360 levels.

The Chinese central bank has claimed that its program of digital yuan giveaways is helping to drive up CBDC adoption.

Union Minister of State for External Affairs Meenakashi Lekhi on Sunday said the Prime Minister's Office is monitoring the ongoing situation in Israel adding «we are on the job» to bring back stranded Indian students. Israel has been at «war» with Hamas terrorists since Saturday morning. «Indian government is striving to bring back stranded students of India from Israel. Prime Minister and his office are monitoring the situation and huge efforts are underway to get back our students who are stuck in that country,» Lekhi told reporters. «Even in the past, many students including people from Andhra Pradesh were stuck across. So whether it was Operation Ganga or Vande Bharat, we brought everyone back and I am sure the government of India and the Prime Minister's Office is directly in touch with those people and is working and monitoring the situation,» added the union minister Lekhi. Following the rocket attacks on Israel from the Gaza Strip by Hamas, the Indian Embassy in Israel on Saturday issued an advisory for its nationals, requesting them to remain vigilant and observe safety protocols.

India Today. As per the report, the meet was held to discuss India’s G20 Presidency, though the MPs appreciated the presidency, many also raised questions on suspension of visa services for Canadians. Clearing the air, the Union Minister stated that the suspension was not a retaliatory action but rather an effort to protect the safety of the Indian diplomats, sources said as reported by the daily.

Also Read: Delhi Excise Policy Scam case: MP Sanjay Singh arrested by ED; third AAP minister to be taken into custody The BJP spokesperson said the culprits in the Delhi excise policy case will be caught in ascending order depending on the magnitude of their fraud. PTI reported Patra as saying, “As per media sources, the incriminating documents procured from the house of Sanjay Singh will incriminate someone who is at the top in the hierarchy of AAP." Sanjay Singh's arrest marks the second notable detention in the case, following the earlier arrest of former Delhi deputy chief minister Manish Sisodia. The Enforcement Directorate (ED) conducted a search at Sanjay Singh's residence on Wednesday morning in connection with the revoked liquor excise policy in the national capital.

Sebi) on Wednesday in a statement said it has formed several working groups to simplify various rules falling under the regulator. The move follows the announcement in the Union Budget earlier this year, where the government vowed to carry out a review of existing financial sector regulations. «To simplify, ease, and reduce the cost of compliance, financial sector regulators will be requested to carry out a comprehensive review of existing regulations. For this, they will consider suggestions from public and regulated entities,» Sitharaman had said. There will be time limits to decide the applications under various regulations, the finance minister had said, adding that public consultations, as necessary and feasible, will be included in the process of regulation-making. «Pursuant to the Budget announcement, Sebi constituted working groups to recommend simplification of various regulations,» the regulator said in a statement. The working groups will also look into the compliance requirements to enhance the ease of compliance and a reduction in the cost of compliance.

Real Madrid at the Stadio Diego Armando Maradona on Tuesday in what promises to be one of the most captivating matches of this week's Matchday 2 in the UEFA Champions League group stage. Napoli emerged victorious in their opening game against Braga, while Real Madrid secured a win against Union Berlin thanks to Jude Bellingham's late goal. Carlo Ancelotti's squad is anticipated to maintain its lineup against Napoli, with Aurelien Tchouameni and Eduardo Camavinga partnering with Toni Kroos, while Jude Bellingham operates in an advanced midfield role to provide support for Rodrygo and Vinicius Jr. Napoli is expected to line up in a 4-3-3 formation, featuring Kvicha Kvaratskhelia and Matteo Politano as wingers and Nigerian forward Victor Osimhen leading the attack. Brazilian defender Natan is likely to pair with Leo Ostigard in central defense.

Tamil Nadu Power Company (ITPCL) including Punjab National Bank, Bank of India, and Union Bank. It comprised both principal debt and accrued interest as of September 30. The repayment is part of a debt restructuring plan approved by 88% of lenders and it has reduced ITPCL's outstanding principal by more than Rs 1,900 crore. Under the approved plan, ITPCL's debt has been restructured as per the prudential framework for the resolution of stressed assets, where debt has been categorised into a sustainable portion of Rs 4,250 crore, as well as unsustainable portion and operational creditors.

employee union of General Motors India has called for a chain hunger strike from Monday, demanding transfer of all its workers to Hyundai Motor, which plans to acquire its manufacturing facility in Talegaon. The American automobile giant stopped selling its cars in India from 2017. General Motors Employees Union in a statement on Sunday also accused the Eknath Shinde-led Shiv Sena-BJP government of not taking the unemployment issue of «thousands» of workers of the auto firm seriously.

Take a look at the video below, Political leaders from across the country joined hands and actively participated in the call for cleanliness drive by PM Modi. He urged citizens to participate in the campaign ‘Ek Tareekh, Ek Ghanta, Ek Saath’ on October 1 at 10 am on the occasion of Gandhi Jayanti which commemorates the birth anniversary of Mahatma Gandhi.

Interactive Brokers customer service gives users exclusive access to over 135 markets spanning 33 different countries. The platform is regulated by prominent authorities, including the US SEC, FINRA, and FCA. It imposes no minimum deposit requirements for any account type, making it especially welcoming to beginners.

The United Auto Workers union expanded its two-week strikes against Detroit automakers Friday, adding 7,000 workers at a Ford plant in Chicago and a General Motors assembly factory near Lansing, Michigan

P K Mishra on Wednesday reviewed the follow-up on the outcome of G20 Summit and asked officials to prepare for the G-20 virtual summit. Prime Minister Narendra Modi has announced a virtual summit in November. Brazil will take over the influential bloc's presidency from India in December.

Congress leader Deepak Singh and employees of the Sanjay Gandhi Hospital here against the suspension of licence of the facility were held on Wednesday. While over 400 employees started an indefinite demonstration at the hospital gate on Tuesday, another dharna at the office of the Chief Medical officer by Singh started on Monday.

Relative Strength Index (RSI) stands out as a critical tool. On September 25, Monday, StockEdge identified 26 stocks with a declining RSI, and ETMarkets has chosen 10 among them for a closer examination. Before we explore the stocks, let's gain a deeper understanding of RSI and why it's crucial for assessing stock movements. The Relative Strength Index, or RSI, is a momentum oscillator that measures the speed and change of a stock's price movements. RSI values typically range from 0 to 100, with readings above 70 suggesting overbought conditions and readings below 30 indicating oversold conditions. Now, let's explore the 10 stocks that had a declining RSI on September 25:1) Aarti Industries Ltd. (AARTIIND) RSI: 49.81 Previous RSI: 51.632) Hindustan Petroleum Corporation Ltd. (HINDPETRO) RSI: 49.79 Previous RSI: 50.383) Eicher Motors Ltd. (EICHERMOT) RSI: 49.71 Previous RSI: 52.84) City Union Bank Ltd. (CUB) RSI: 49.66 Previous RSI: 50.425) FSN E-Commerce Ventures Ltd. (FSN) RSI: 49.41 Previous RSI: 50.936) Jamna Auto Industries Ltd. (JAMNAAUTO) RSI: 49.29 Previous RSI: 51.647) Linde India Ltd. (LINDEINDIA) RSI: 49.22 Previous RSI: 51.568) Metro Brands Ltd. (METROBRANDS) RSI: 49.11 Previous RSI: 56.279) Oracle Financial Services Software Ltd. (OFSS) RSI: 48.32 Previous RSI: 53.3210) Hindalco Industries Ltd. (HINDALCO) RSI: 48.23 Previous RSI: 54.32 Data regarding stocks with declining RSI trends on September 26, Tuesday, will be updated later today. (Disclaimer: This is an AI-generated article.

Sept. 15–21, 2023

MUMBAI : HDFC Asset Management Co. Ltd, or HDFC AMC, has secured the Reserve Bank of India’s (RBI’s) approval to raise its stake to 9.5% in five private lenders, signalling growing investor interest in private lenders and a potential bullish trend. India’s third-largest asset manager was granted regulatory approval to raise stakes in Karur Vysya Bank Ltd, DCB Bank Ltd, Equitas Small Finance Bank Ltd, Federal Bank Ltd, and City Union Bank, the lenders said in separate exchange fillings.

Philippine’s Union Bank has become the first and only bank in the country to receive a license from the Bangko Sentral ng Pilipinas (BSP) to operate as a virtual asset service provider (VASP).

Ford, GM, and Stellantis last week. They stopped the car factories in Michigan, Ohio, and Missouri where they make cars like the Ford Bronco, Jeep Wrangler, and Chevrolet Colorado. Union representatives and company management continued their discussions on the sixth day of a planned strike.

Madrid. The Bundesliga outfit will have a strong start against a La Liga side with five consecutive wins. Carlo Ancelotti's men lost in the semifinals while the Germans reached the last 16 of the UEFA Europa League last year. A victory at Santiago Bernabeu will be considered a bonus for Urs Fischer and his players.