Singapore Financial News

Also read: World Day against Trafficking in Persons 2023: Date, history, significance, theme and more Jaipur City emerged as the top district in child trafficking, with four other districts in Delhi appeared in the top slots. The study draws from data collected by Games24x7's data science team, which collaborated with KSCF and its partners to analyse child trafficking cases across 262 districts in 21 states.

India announced that it was severely curtailing some rice exports to the rest of the world, triggering worry among the Indian diaspora in the United States that access to a food staple from home might soon be cut off. As in any crisis situation — think bottled water and toilet paper- some rushed to supermarkets to stock up, stacking carts with bags and bags of rice. In some places, lines formed outside some stores as panic buying ensued. But Rao, who lives near Syracuse, New York, was reassured when the proprietor of her Indian market sent out an email to customers to let them know there was no need to worry: There was an ample supply of rice. At least for now. An earlier than expected El Nino brought drier, warmer weather in some parts of Asia and is expected to harm rice production. But in some parts of India, where the monsoon season was especially brutal, flooding destroyed some crops, adding to production woes and rising prices.

ISRO chief S Somanath congratulated citizens and informed them that all seven satellites have been successfully placed in the right orbit. Around 23 minutes after lift-off, the primary satellite got separated and it was followed by six other co-passenger satellites, which were deployed into the intended orbits sequentially, ISRO said. The co-passenger satellites are 1.

ISRO on Sunday launched its proven PSLV rocket carrying seven Singaporean satellites from Satish Dhawan Space Centre here. This ISRO mission, which comes after the much-awaited Chandrayaan-3 launch earlier this month, is being undertaken by its commercial arm NewSpace India Limited.

The Indian Space Research organisation (ISRO) launched seven Singaporean satellites, onboard a PSLV rocket in a commercial mission on Sunday. After the much-awaited launch of Chandrayaan-3 this month, the Bengaluru-headquartered space agency launched PSLV-C56 carrying Singapore's DS-SAR, a Radar Imaging Earth Observation Satellite, along with six co-passenger satellites from Sriharikota, about 135 km from Chennai. at 6:30 AM on 30 July (Sunday).

Macquarie-managed The Infrastructure Fund has ordered a strategic review of its 7.19 per cent stake in Perth Airport as it looks to take profits after the airport returned to pre-pandemic passenger volumes in February.

ALSO READ: ISRO's PSLV-C56 to launch on 30 July with six co-passenger satellites. Details here "PSLV-C56/DS-SAR Mission: The countdown leading to the launch on July 30, 2023, at 06.30 hrs has commenced," ISRO said in an update on Saturday.

North Sea after flames and smoke on board subsided, the Dutch government said. Fire erupted in the Fremantle Highway late Tuesday night near a chain of islands in the northern Netherlands and has been blazing ever since. The ship is carrying 3,783 new vehicles, including 498 electric vehicles, the company that chartered the vessel said.

Australia on Saturday agreed to further cooperate with India, Japan, Indonesia, the Philippines and Korea to ensure the security and stability of the Indo-Pacific at the 33rd Australia-US Ministerial Consultations (AUSMIN). Officials from the two countries on Saturday met in Brisbane.

Lalu Prasad, was recently seen in a new avatar on Friday. After undergoing a kidney transplant last year and being in a period of rest and recovery, Lalu was seen playing badminton in a video on social media. The video was shared by by his younger son and deputy chief minister, Tejashwi Prasad on Instagram.

Nirmala Sitharaman has announced that Indian companies can directly list on GIFT IFSC Exchange. The decision aims to further propel the transformation of GIFT city in Gujarat into a thriving global financial hub. This will provide access to global capital and result in better valuation for the Indian companies.

Netball World Cup 2023 begins this Friday i.e. July 28 and sixteen teams are ready to hit the court in Cape Town. It will run through August 6 (Sunday).

The XRP Ledger Foundation has announced the awardees of the fifth wave of XRPL Grants. The foundation has awarded more than $1.6 million in total funding to 15 groundbreaking projects

By Naomi Rovnick, Alun John and Ankur Banerjee

Gujarat International Financial Tec-City (GIFT City), started in 2007, is India’s first International Financial Services Centre created to provide a facility as available in other countries. Key regulatory developments started in 2015 with RBI and Sebi notifying regulations for exchange control and capital markets up until the Budget 2023 that ended dual regulations, and bringing the IFSC rules on par with those in Singapore and Dubai.

The countries discussed the importance of scaling the transition to net zero financing and addressing emission reductions. Singapore shared projects that aim to address energy transitions in Asia.

Cryptocurrency platform Crypto.com acquired a registration approval with De Nederlandsche Bank (DNB), the Dutch central bank, as a crypto services provider.

Public and privately held Indian firms can now list their shares on the International Financial Services Center at Gujarat International Fin-Tec City, Finance Minister Nirmala Sitharaman announced at a briefing Friday. “It will facilitate access to global capital and result in better valuations for Indian companies,” she said.

Singapore is in close contact with Indian authorities to seek exemption from the country's ban on export of non-basmati rice, the city state's food agency said on Friday. "Singapore Food Agency (SFA) is working closely with importers to increase the import of different varieties of rice from various sources. Singapore is also in close contact with the Indian authorities to seek exemption from the ban," said a statement from SFA.

₹1,466 crore. However, elevated costs hampered an expansion at the Ebitda (earnings before interest, tax, depreciation, and amortization) level, despite the growth in revenue. The hospitality major flagged increased marketing expenses during its earnings call, leading to a 187 basis-point reduction in its Ebitda margin year-on-year, falling to 28% in Q1.

The Dutch coast guard, in charge of managing the situation, has reported that a cargo ship carrying nearly 3,800 cars and construction vehicles is expected to keep burning for several more days. The vessel, named Fremantle Highway, caught fire off the coast of the Netherlands during the early hours of Wednesday. Tragically, one crew member lost their life, and several others sustained injuries, being airlifted or taken by lifeboats for medical assistance.