Country Financial News
11.10 / 05:27
Reuters
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Indonesia wants to co-host 2034 World Cup with Australia, Malaysia, Singapore
Indonesia is in discussions with Australia about a possible joint bid to host the 2034 World Cup along with Malaysia and Singapore, the president of the country's football federation (PSSI) said on Wednesday. World football's governing body FIFA invited member associations from Asia and Oceania to bid for the rights to the 2034 edition last week. «We are discussing (a bid) with Australia,» PSSI President Erick Thohir was quoted as saying by the Sydney Morning Herald. «When I visited Malaysia and Singapore both countries expressed interest to join Indonesia and Australia.» When asked for comment on a possible joint bid, Football Australia referred Reuters to a statement last week that said it was «exploring the possibility of bidding for the 2029 FIFA Club World Cup and/or the FIFA World Cup 2034». The PSSI has not responded to a Reuters request for comment. After announcing Spain, Morocco and Portugal would host the 2030 World Cup, with Uruguay, Paraguay and Argentina staging the opening games, FIFA invited Asia and Oceania to bid for 2034. Saudi Arabia quickly announced its intention to bid for the hosting rights and FIFA have set a deadline of Oct. 31 for other interested parties to make their intentions known. With Qatar having hosted the 2022 edition, Thohir said it might be too soon for the World Cup to return to the Middle East. «We are quite strong,» he said.
11.10 / 05:27
11.10 / 05:09
Progressive
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reports
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India-UK likely to sign FTA deal by October end: Report
Economic Times. British Prime Minister Rishi Sunak has earlier reiterated his commitment to closer India-UK ties across different sectors, including a FTA, between the two countries. According to official UK Department for Business and Trade (DBT) figures, UK-India bilateral trade was worth an estimated 36 billion pounds in 2022.
11.10 / 04:29
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US speaks on Iran's role in Hamas attack, says ‘No evidence of direct involvement…’
Iran had helped Hamas plot the rocket attack on Israel and approved of the assault during a meeting in Beirut last week, according to a report published by The Wall Street Journal. Coming back to the Pentagon Chief, he noted that Tehran has backed Hamas which launched a coordinated ground, air and sea assault from Gaza on Saturday for years.
11.10 / 04:29
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CLSA upgrades India to 'overweight', increases portfolio allocation: Report
Click here!) After the upgrade, CLSA highlighted 11 quality Indian stocks with buy calls. These stocks are Ashok Leyland, BPCL, Samvardhana Motherson, HDFC Bank, Reliance Industries, ICICI Bank, Tata Motors, ICICI Prudential, ONGC, Mahindra & Mahindra and SBI Life, according to CNBC-TV18.
11.10 / 04:29
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MCX share price hits 52-week high as bourse to launch new commodity derivatives platform from October 16
₹2,158.90 apiece on the BSE. Multi Commodity Exchange of India (MCX), the largest commodity bourse in the country, said it will go live with its new commodity derivatives platform (CDP) on October 16, 2023.
11.10 / 03:23
11.10 / 03:23
11.10 / 03:23
11.10 / 03:23
11.10 / 02:23
Racing
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Shani Louk: Mother of tattoo artist kidnapped from Israel music festival believes she is still alive
Shani Louk has serous injuries and is in a a critical situation, her mother said in the video message. Videos of Shani Louk Shani Louk being present at the music festival near the Gaza border had surfaced on the social media. On 7th of October Hamas militants stormed the music festival and had opened fire at partygoers who could be seen in videos of fleeing through the desert.
11.10 / 02:23
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Magnitude 6.3 earthquake hits western Afghanistan: USGS
The quake occurred at a shallow depth at around 05:10 am local time (00:40 GMT), with its epicentre about 29 kilometres north of the city of Herat, the United States Geological Survey said. Volunteers and rescuers have been working since Saturday in what are now last-ditch attempts to find survivors from the earlier series of earthquakes, which levelled entire villages and affected more than 12,000 people, according to UN estimates. Local and national officials have given conflicting counts of the number of dead and injured from the previous earthquakes, but the disaster ministry has said 2,053 people died. «We can't give exact numbers for dead and wounded as it is in flux,» said disaster management ministry spokesman Mullah Janan Sayeq. There were no immediate reports of new casualties after Wednesday's quake, which hit near Herat city, home to more than half a million people. The earlier earthquakes completely destroyed at least 11 villages in Herat province's Zenda Jan district, according to the UN. «Not a single house is left, not even a room where we could stay at night,» said 40-year-old Mohammad Naeem, who told AFP he lost 12 relatives, including his mother, after Saturday's earthquakes. «We can't live here anymore. You can see, our family got martyred here.
11.10 / 02:11
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US President Joe Biden pledges military support for Israel amid Hamas attack, raising questions about aid for Ukraine
Gaza Strip. His promise raised questions about whether Washington can ramp up defense aid to Israel without jeopardizing aid for Ukraine, especially given Republican lawmakers' ouster of House of Representatives Speaker Kevin McCarthy and failure so far to name a replacement. Biden administration officials insist Washington can absolutely do both, but acknowledge there will be challenges.
11.10 / 02:11
Reuters
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Southern
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Category 4 Hurricane Lidia slams near Mexico's Puerto Vallarta; schools, airport to remain closed. 10 points
AFP. 9. Just this week, Tropical Storm Max left two people dead and dozens of houses flooded in the southern state of Guerrero, one of the country's poorest regions, authorities said Tuesday.
11.10 / 02:11
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US Fed remains confident in preventing recession, says official
Federal Reserve is on track to tackle US inflation without pushing the country into a damaging recession, a senior official on the bank's rate-setting committee said Tuesday. After pushing its key lending rate to a 22-year high to tackle stubborn inflation, the Fed recently slowed down the pace of its hikes, citing a need to be data-dependent.
11.10 / 01:35
Citi
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The richest Indians come from pharma, chemicals and industrials
wealth study jointly done by 360 ONE Wealth and Hurun India. Chemicals and Petrochemicals with 110 individuals and Industrial Products with 96 are the other industries that have given rise to a large number of richest Indians.
11.10 / 01:35
UPS
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Inside
IMF raises India's FY24 growth forecast to 6.3%
International Monetary Fund (IMF) has bumped up India's growth forecast for FY24 to 6.3% from 6.1% estimated earlier, hailing the country as one of the «growth engines in the world economy». The upward revision reflects «stronger-than-expected consumption during April-June», IMF said in the World Economic Outlook (WEO) released Tuesday. The outlook for FY25 is unchanged at 6.3%. IMF's upgrade is the latest after other forecasters including Moody's, Morgan Stanley, and Nomura raised their FY24 growth estimates for India.
11.10 / 01:35
MET
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India, UK may ink FTA by the end of this month
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.
11.10 / 00:45
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International
International Girl Child Day 2023: What is the significance of International Girl Child Day? Its date, theme and history
"Invest in Girls' Rights: Our Leadership, Our Well-being" In 1995 World Conference on Women in Beijing, countries unanimously adopted the Beijing Declaration and Platform for Action – the most progressive blueprint ever for advancing the rights of not only women but girls. According to the United Nations, the Beijing Declaration is the first to specifically call out girls’ rights.
10.10 / 22:51
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At least 1.9K dead as world leaders condemn Hamas for Israel attack. Here’s the latest
The United Nations’ human rights commission of inquiry says it is investigating “war crimes committed by all sides” of the rapidly escalating violence in Israel and Gaza following Saturday’s surprise attack by Hamas militants, which has ignited fears of a bigger regional escalation.
10.10 / 20:31
Waves
Google
Apple
Experts
country
Pixel may find it hard to catch Indians' eye
Google may have tasted success in Japan, becoming the country's top smartphone player by market share and beating Apple in the process. But experts say replicating the same in India with its new smartphones would be a tough task for the US internet major despite a premiumisation wave in the local smartphone market.
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