Cooper Financial News

foreign exchange reserves, which made it challenging for the country to finance essential imports, including fuel and medicine. Speaking on the India-Sri Lanka ties, PM Modi said, “Sri Lanka faced many challenges last year but like a close friend we stood shoulder to shoulder with the people of Sri Lanka in the time of crisis." Meanwhile, Prime Minister Modi said that the agreement signed to launch UPI in Sri Lanka will increase Fintech connectivity.

By Shubham Kalia and Gokul Pisharody

Ajit Doval called on Sri Lanka President Ranil Wickremesinghe in New Delhi on Friday. Wickremesinghe who arrived in New Delhi yesterday on a two-day visit was welcomed by Union Minister of State (MoS) for External Affairs, V Muraleedharan. Wickremesinghe will meet with Prime Minsiter Narendra Modi today at the Hyderabad House here.

Sam Bankman-Fried of witness tampering and asked a federal judge to issue an order that would bar the former billionaire and other parties from making public statements likely to interfere with a fair trial. The prosecutors wrote to US District Judge Lewis Kaplan on Thursday referencing a New York Times article titled «Inside the Private Writings of Caroline Ellison, Star Witness in the FTX Case».

By David Shepardson and Mrinalika Roy

By Andrea Shalal

FTX Trading on Thursday sued founder Sam Bankman-Fried and other former executives of the cryptocurrency exchange, seeking to recoup more than $1 billion they allegedly misappropriated before FTX went bankrupt. The complaint filed in Delaware bankruptcy court also names as defendants Caroline Ellison, who led Bankman-Fried's Alameda Research hedge fund; former FTX technology chief Zixiao «Gary» Wang; and former FTX engineering director Nishad Singh. FTX said the defendants continually misappropriated funds to finance luxury condominiums, political contributions, speculative investments and other «pet projects,» while committing «one of the largest financial frauds in history.» The alleged fraudulent transfers occurred between February 2020 and November 2022 when FTX filed for Chapter 11 protection, and can be undone--or «avoided»--under the U.S.

Infosys: The IT services company announced an 11% increase in its consolidated net profit for the June quarterto ₹5,945 crore. The firm's revenue showed a 10% rise, climbing to ₹37,933 crore. Due to macroeconomic uncertainties, it has reduced its full-year growth forecast to 1-3.5% in constant currency, down from 4-7% projected earlier.

As of now, not all investors are eligible to claim for a refund through this website. According to Amit Shah, the Union Home Minister and Minister of Cooperation, the first payment of up to Rs 10,000 would be made through this portal to one crore investors who have deposited Rs 10,000 or more. Only claims submitted online through this site will be considered for a refund. Do note that there will be no charge for filing a claim.

By Foo Yun Chee

Vikram Misri visited Egypt this week to meet Egyptian National Security Council and Prof. Ahmad At-Tayyeb, grand imam of Al-Azhar University, to discuss deradicalisation and counter-extremism strategies and initiate inter-faith dialogue.

Ganesha says looking after and respecting the elders of the house will increase your fortune. Political contacts will provide good opportunities for you. Today is especially auspicious for women.

China's ambassador to the United States says it does not want a trade war but will retaliate against any further U.S. restrictions on technology and trade

Tata Consultancy Services (TCS) on Thursday said it has bagged a deal from British Broadcasting Cooperation (BBC) to change their finance, procurement and HR applications management.The company will leverage AI-driven human-machine collaboration suite, TCS Cognix in the multi-year partnership, the company said in a BSE filing.

By Dr Aparaajita Pandey

In a historic move, India’s Kalpataru Projects International (KPIL) has signed a $159.99 million contract for providing EPC services for Transmission Lines and Substations in Guyana’s Integrated NGL Plant and 300 MW CCGT Power Plant.

Rajya Sabha was informed on Thursday. In a written reply, Law Minister Arjun Ram Meghwal said over 5.02 crore cases were pending in various courts — the Supreme Court, the 25 high courts and subordinate courts. «As per data retrieved from the Integrated Case Management System (ICMIS) by the Supreme Court of India, as on July 1, there are 69,766 cases pending in the Supreme Court.

BRICS Expert Forum on Nuclear Medicine was recently held in Moscow. The Forum brought together over 200 representatives from Russia, Brazil, India, China and South Africa.

Reuters report said earlier this month. "We continue to engage cooperatively with the Commission in its investigation and are open to pragmatic solutions that address its concerns and serve customers well," Microsoft said.

India G20 Sherpa Amitabh Kant on Thursday made a strong case for food waste prevention programmes globally to reduce food insecurity and mobilise private funding for research in sustainable agriculture. Kant was addressing the maiden Global Food Regulators Summit 2023 here. «This is the first time a meeting of this nature is being held during India's G20 presidency.

Japan is keen to make investments of around 5 trillion Japanese yen in India across various sectors including steel, Union Minister Jyotiraditya Scindia said on Thursday. The steel minister made the remarks after a meeting with a Japanese delegation led by NISHIMURA Yasutoshi, Minister of Economy, Trade and Industry of Japan, in the national capital.