Country Financial News

Noida: Misinformation is a «dangerous phenomenon» which has been exploited by other countries and the enemies of India to create social division and unrest, Union minister Rajeev Chandrasekhar said here Thursday when asked about the government's action on news portal NewsClick. He said Internet platforms need to be «extra» careful and ensure that citizens who consume information from online sources are not misled, provoked or incited by people deliberately propagating misinformation against India and Indians.

rupee stayed on the upward track for the third day in a row, appreciating by 4 paise to 83.14 against the US dollar in early trade on Thursday amid easing crude oil prices and a weak American currency. Subdued sentiments in the domestic equity markets and concerns over foreign funds withdrawal capped a sharp gain in the Indian currency, forex analysts said. At the interbank foreign exchange, the rupee opened at 83.17 and then traded between the range of 83.13 to 83.17 against the greenback.

whiskey market has got heads turning as Indian-distilled single malt has been giving tough competition to popular Scottish brands such as Glenlivet. A market once dominated within the country and beyond by foreign brands is now selling India’s domestically distilled single malt at a faster rate than anticipated. In 2022, Indian single malt brands and Scotch brands locked horns in a head-to-head battle where the former sold approximately 2,81,000 cases with a 2.4 per cent increase in sales; while the latter sold 2,96,000 cases with a 35 per cent increase in sales, data accessed by TOI revealed.

OPPO India will unveil its newest foldable, the Find N3 Flip, on October 12 in the country. The handset boasts a flagship-grade processor designed for performance without compromise and backed by technologies that deliver all-day battery life with industry-leading power efficiency and charging speeds that raise the bar in the segment." The event is scheduled to commence at 7 pm today and will be broadcast live on Oppo's official website and various social media platforms. According to leakster Abhishek Yadav, the Oppo Find N3's price was disclosed prior to the launch.

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More than 2,000 people have been killed in the past five days following the unprecedented surprise attack by Hamas on Israel and the resulting Israeli airstrikes on Gaza.

Hamas, its foreign affairs ministry said Wednesday. Brazilian Foreign Affairs Minister Mauro Vieira has interrupted an Asia trip to travel 'to New York to participate in a meeting of the United Nations Security Council, called by Brazil… to address the situation in the Gaza Strip,' the Ministry said in a statement. Brazil previously called an emergency meeting of the Security Council on Sunday, the day after Hamas launched a surprise attack on Israel. Israeli forces say 1,200 people, most of them civilians, were killed in the onslaught, the worst in the country's history. As Israel pounded Hamas targets in the Gaza Strip, a densely populated enclave of 2.3 million people, in response, the death toll there has also reached 1,200 people, including a high number of civilians, according to Palestinian authorities. More than 3,38,000 people in the enclave have been displaced, according to the United Nations. At Sunday's Security Council meeting, members were divided over policy concerning Israel and the Palestinians. Earlier on Wednesday, Brazilian President Luiz Inacio Lula da Silva called for urgent international action to protect both Palestinian and Israeli civilians, especially children. «Children must never be held hostage, anywhere in the world,» Lula wrote on social media platform X. «Hamas needs to free the Israeli children who were kidnapped from their families.

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By Rachel Savage and Jorgelina do Rosario

KUALA LUMPUR (Reuters) — Short video app TikTok's compliance with Malaysian laws is unsatisfactory, the country's communications minister Fahmi Fadzil said on Thursday.

Pramod Gubbi, Co-Founder, Marcellus Investment Managers, says “like always the credit cycles will peak out either because there is an event in the economy or lenders have gone overboard in terms of lending but at this stage, It looks like a Goldilocks situation where demand is pretty strong, asset quality concerns are not that grave. Therefore, we should continue to see this sort of growth in retail credit.” I would like to talk to you about the small ticket loan space. After Q2 updates, Poonawalla Finance was 150% higher YOY. Today, U GRO came out. Five Star Business also recently hiked their guidance. One is getting a sense that after GST, Jan dhan, Aadhaar and mobile phones, small ticket loans for enterprises, SMEs or even individuals, are getting deeper into the country. It is like a satirisation of what happened in the consumer space a few years back with Rs 2 shampoo sachets, Rs 5 biscuit packets. Or do you see this as a risk also because in this business, collection is a bigger issue and not giving loans? A lot of people are scratching their heads around this.

WASHINGTON, — Salman Rushdie, the Indian-born novelist who spent years in hiding after Iran urged Muslims to kill him because of his writing, will publish a memoir on his 2022 stabbing in New York, book publisher Penguin Random House said on Wednesday. Rushdie's new memoir, 'Knife: Meditations After an Attempted Murder', will be published on April 16, 2024. «This was a necessary book for me to write: a way to take charge of what happened, and to answer violence with art,» Rushdie, whose public appearances have been limited since last year's attack, said in a statement released by the publisher. Rushdie, 76, was awarded the 'Freedom to Publish' award by the British Book Awards in May. An attack onstage in Aug. 2022, during a lecture in New York state left the British author blind in one eye and affected the use of one of his hands.

Gaza Strip, the United Nations said, as heavy Israeli bombardments continue to hit the Palestinian enclave. «Mass displacement across the Gaza Strip continues,» the UN humanitarian agency OCHA said in a statement sent on Thursday. By late Wednesday, the number of displaced people in Gaza had risen by an additional 75,000 people from the figure given 24 hours earlier, reaching 338,934, it said. The announcement came as Israel pounded Hamas targets in the Gaza Strip — a densely populated enclave of 2.3 million people — in response to the militants' surprise Saturday attack. Israeli forces said 1,200 people, most of them civilians, were killed in the onslaught — the worst in the country's history. In Gaza, officials reported more than 1,000 people have been killed in Israel's sustained campaign of air and artillery strikes. OCHA said nearly 220,000 people, or two-thirds of the displaced people, have sought shelter in schools run by the UN agency supporting Palestinian refugees, UNRWA. Another nearly 15,000 people fled to schools run by the Palestinian Authority, while more than 100,000 were being sheltered by relatives, neighbours and a church and other facilities in Gaza City. OCHA said that around 3,000 people had already been displaced within the enclave prior to Saturday's attack. The bombing campaign has destroyed or rendered uninhabitable at least 2,540 housing units in Gaza, OCHA said, citing numbers from the Gaza Ministry of Public Works and Housing.

Shardiya Navratri and Chaitra Navratri are more popularly observed. Shardiya Navratri is also popularly known as Maha Navratri. Devotees worship goddess Durga during Navratri and many observe fasts. Garba dance is held in Gujarat and many parts of the country.

Twins are determined to push for a Game 5 victory as they find themselves trailing 2-1. The Astros have entrusted Jose Urquidy with the starting role, while Joe Ryan takes the mound for the Twins in this crucial matchup. Twins hold the 21st position in the league with a batting average of .243. Despite this, they are the 10th-highest scoring team in baseball, boasting an average of 4.8 runs per game, totaling 778 runs. Additionally, the Twins find themselves in the 11th spot in baseball with a .326 on-base percentage. On the other hand, the Astros shine in their batting performance, holding the fourth position in MLB with an impressive team batting average of .259. They are among the league's highest-scoring teams, ranking fifth with a remarkable 827 total runs for the season. Furthermore, the Astros boast an OBP of .331, securing the fourth spot in MLB in this regard.

Hamas' invasion of southern Israel over the weekend rose to 1,200 on Wednesday morning, as the Israel Defence Forces (IDF) continued to pummel Palestinian terror assets in the Gaza Strip. Overnight Tuesday, the Israeli Air Force hit more than 200 targets in Gaza's Al Furqan neighborhood, which it called «a terror nest for Hamas,» from which «many activities against Israel are carried out.» It was Israel's third strike in the area in the past 24 hours, according to the military. The IDF «will continue to act powerfully against the infrastructures of the terrorist organization Hamas, which aim terror against Israel, and continues extensive waves of attacks in the Gaza Strip,» it added. Among the Hamas targets hit across the Strip were weapons storage facilities, command and control centers, naval assets and more, the military said. The operational headquarters used by the rocket force of the Palestinian Islamic Jihad terrorist organization was also hit. «We have released all restraints, regained control of the [border] area and are moving to full offense,» Israeli Defence Minister Yoav Gallant told troops during a visit to the south on Tuesday night. «You will have the ability to change reality here. You have seen the prices paid.

Israel and repatriate the country's citizens, as the industry faced a warning over insurance cover amid escalating violence in the wake of weekend attacks. Israeli flag carrier El Al said it would operate 12 extra flights on Wednesday and Thursday to and from Athens, Rome, Madrid, Bucharest, New York, Paris, Larnaca and Istanbul. Its low-cost unit Sun Dor also plans rescue flights from Istanbul. El Al had already announced an additional flight from New York and six flights to and from Larnaca. The latest move came as the combined death toll reported by both sides following the weekend attacks by Palestinian militant group Hamas and retaliatory strikes by Israeli forces reached more than 2,000 people. Most foreign airlines have suspended or curtailed services, leaving passengers uncertain how to leave or reach the country and consular services struggling to keep up with demand for assistance, with priority given to those with missing relatives. Israel's parliamentary finance committee said late on Tuesday it would debate authorising state guarantees for providing war risk insurance for Israeli airlines. The panel said insurance companies had indicated they were entitled to cancel cover with seven days' notice.

By Tim Kelly

A third Canadian has died in Israel following a weekend attack by the militant group Hamas, her family said in a statement shared Wednesday at a press conference by an Ottawa Jewish group.

Eddie Jones is expected to be named as Japan’s next head coach after his Australia side failed to progress from the pool stages of the Rugby World Cup for the first time.

Germany's government says it expects the country’s economy to shrink by 0.4% this year