Assurant Financial News

Nirmala Sitharaman on Thursday met Brazil's Minister of Economy Fernando Haddad and discussed various issues of mutual interest, including the strengthening of Multilateral Development Banks (MDBs). She also met UK Chancellor of Exchequer Jeremy Hunt and discussed Bilateral Investment Treaty among other issues.

Investing.com — Crude prices fell for a third day in a row as trading began in Asia Thursday, responding to a report by industry group API that the largest weekly crude stockpile build in eight months may have taken place in the United States last week.

Israel, US President Joe Biden on Wednesday addressed Jewish community leaders at a roundtable in the White House and called the attacks by Hamas a «campaign of pure cruelty». «I never really thought that I would see and have confirmed pictures of terrorists beheading children,» Biden said in broader remarks about his administration's support for Israel amid its war with Hamas and efforts to free American hostages. During the event at the White House, featuring a group of around two dozen rabbis and leaders of Jewish organisations, Biden also warned Iran to «be careful». «We moved the US carrier fleet to the eastern Mediterranean and we are sending more fighter jets to that region, and made it clear to the Iranians: Be careful,» he said, adding, «When terrorist groups like Hamas, brought not only a sheer evil, sheer evil to the world, evil that echoes the worst matches in some cases exceeds the worst atrocities of ISIS.» Earlier on Wednesday, the US president spoke to Israeli Prime Minister Benjamin Netanyhu, marking the fourth known call between the two.

Detroit’s three automakers have laid off roughly 4,800 workers at factories that are not among the plants that have been hit by the United Auto Workers strikes, which have lasted for nearly four weeks

Investing.com — Saudi Arabia is truly “balancing” the oil market by preparing to ship full volumes required by its North Asian customers, notwithstanding its output cuts — an act that’s costing it in price-per-barrel.

Israel «to remain calm, vigilant,» the Indian Embassy here on Wednesday reassured them that it is «monitoring the situation closely» and «working constantly to help our fellow citizens in Israel.» In a recorded message on the X, the social media platform, India's Ambassador to Israel, Sanjeev Singla, said: «This is to assure you that the embassy is working constantly for your safety and welfare. All of us are going through very difficult times but please do remain calm and vigilant and follow the local security guidelines.» «We are here to help you, and we thank many of you who have sent so many messages of appreciation to us.

Commander Inder Singh (retired), who famously sank the Pakistani submarine PNS Ghazi during the 1971 war, passed away on Monday night in Haryana. He was cremated on Tuesday at Rambagh on the Sheela bypass with full state honours.

Bank of Baroda said corrective measures were being taken to address the deficiencies. “We would like to inform, in pursuance of the above LODR Regulations, that the Reserve Bank of India has vide its Press Release no.

Commonwealth Bank chairman Paul O’Malley said a $2 million contribution to the Yes campaign for a Voice to Parliament is consistent with the bank’s values, after some shareholders argued it should not be allocating bank capital to support what they considered a political campaign.

India and the UK are likely to sign a proposed free trade agreement (FTA) in the last week of this month. It will be New Delhi's first such comprehensive deal with an industrialised nation, seeking to spur bilateral annual business beyond the current $20 billion.

MUMBAI : The Reserve Bank of India (RBI) on Tuesday asked 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 by the bank to the satisfaction of RBI, said an RBI release.

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₹2 crore, with effect from October 9, 2023, according to the PSU bank. “We are pleased to offer attractive interest rates to customers, enabling them to earn higher assured returns.

Bank of Baroda has increased interest rates on Domestic Retail Term Deposits, including NRO and NRE Term Deposits, by up to 50 basis points across various tenors of up to 3 years. In a statement, the bank said these rates are applicable on deposits below Rs 2 crore, with effect from October 9, 2023.

By Srinath Sridharan

Electric vehicles and their potential impact on job security have become central to negotiations in the U.S. autoworkers strike

Energy ministers from Australia’s two biggest states have called for the nation to “get on” with building transmission networks as TransGrid boss Brett Redman warned the electricity operator was prepared to compulsorily acquire properties along the route of the proposed 360-kilometre HumeLink.

Bank of Baroda has hiked interest rates on fixed deposit (FD) rates by up to 50 basis points (bps) across various tenors for up to 3 years. These rates are applicable on deposits below ₹2 crore, with effect from October 9, 2023.

MG Motor India plans to overhaul its dealership network by closing underperforming ones and opening new dealers in newer locations ahead of a potential alliance between its Chinese parent and a private company owned by JSW Group chairman Sajjan Jindal, people aware of the development told ET. The maker of Hector and Astor SUVs also assured its dealers on the sustenance of its Indian operations and brand MG post the deal, the automaker informed the dealer partners last week. The company also touched upon plans to launch new models and variants and expand the overall capacity in its communication to the dealers.

Resources Minister Madeleine King says fresh outbreaks of conflict overseas underline Australia’s importance as a trusted supplier of gas, as she pushed back on industry concerns that the Albanese government was more focused on destroying demand for gas than stoking investment in new supply.

AFSPA) from Assam however the Government of India after its assessment has kept it in four districts. Sarma on Monday said that the Assam government had recommended withdrawal of AFSPA from the remaining eight districts of the state. “ The Government of India withdrew it from the four districts, Jorhat, Golaghat, Karbi Anglong and Dima Hasao with effect from October 1". He said now AFSPA is in four districts of Dibrugarh, Tinsukia, Sivasagar and Charaideo, “ In next six months the government of India will do further assessment and this will lead to complete withdrawal of the army." Sarma said, “ Centre wants to be a bit cautious and they are going in a phased manner.