Country Financial News
09.10 / 15:03
09.10 / 14:59
COST
UPS
Platform
country
recommendations
Govt revises advertisement rates for private FM radio
₹52 to ₹74 per ten seconds. The rates, based on the recommendations of the rate structure committee set up by the ministry, include a 43% increase in the base rate taking into account rising costs dynamics between December 2015 and March 2023. The rising popularity of private FM channels in the country has been an important platform for the central government to inform people about policies and programmes to help citizens avail various schemes, it said in a statement.
09.10 / 14:47
UPS
Provident
Strategy
Fallout
country
reports
fall
Oil spikes and equities fall following Hamas attack on Israel
Oil jumped more than 5% after Hamas’s surprise attack on Israel raised fears of a wider conflict. Investors shunned traditionally risky assets such as stocks and instead bought gold, bonds and the dollar.
09.10 / 13:35
Reuters
JPMorgan
Airlines
Chevron
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country
Factbox-What are global firms with presence in Israel doing after Hamas attacks
(Reuters) — Global companies with a presence in Israel have temporarily shut some operations and asked employees to work from home following military clashes between the country and the Palestinian Islamist group Hamas.
09.10 / 13:35
09.10 / 13:27
UPS
Provident
Target
FIVE
Action
country
Indian oil firms targeting net zero ahead of deadline: Minister Hardeep Puri
Indian oil companies are targeting net zero by 2046 as they decarbonise operations to cut emissions and transition to cleaner fuels, Oil Minister Hardeep Singh Puri said on Monday. While India has pledged net zero carbon emissions by 2070, state-owned companies have set targets ranging from 2038 (ONGC) to 2046 (IOC). «Indian energy sector is on the cusp of a transition and is rapidly moving towards the centre of global oil and energy market as we are set to become a USD 5 trillion economy,» Puri said, addressing the 26th Energy Technology Meet here.
09.10 / 13:05
09.10 / 12:55
UPS
Booking
Aviat
Airlines
Mobile
country
Several airlines suspend flights after attack on Israel
Hamas militants on Israel over the weekend, saying they were waiting for safety conditions to improve. Israel's national carrier El Al was the exception, adding more flights to bring reservists back from around the world to assist in the country's biggest mobilization in history. Fighters from the Islamist group killed 700 Israelis and abducted dozens in Saturday's attacks, the deadliest such incursion in decades, prompting Israel to retaliate by pounding the Palestinian enclave of Gaza. Israel's tourism sector is set to take a major hit as flight cancellations pile up. Tourism makes up 3.6% of total employment in the country, according to OECD data.
09.10 / 12:55
UPS
FIVE
country
"Incapable...": Rahul Gandhi attacks PM Modi over caste census
Congress MP Rahul Gandhi said that PM Modi is «incapable» of doing the caste census. «The PM is incapable of doing the caste census. Our three out of four CMs are from the OBC category.
09.10 / 12:55
Booking
Discover
film
love
country
classical
Department
'Taxi Driver' director Martin Scorsese reveals watching Satyajit Ray's 'Pather Panchali' gave him rare insight into lives of the marginalised
cinema opened to him «many different worlds», says Martin Scorsese who decades later draws on that experience in his new film 'Killers of the Flower Moon'. Scorsese, viewed by many as one of the greatest filmmakers in the world, said he knew about Indian culture after seeing Jean Renoir's 1951 Kolkata-set 'The River'. But 'Pather Panchali' was a turning point.
09.10 / 12:55
CEO
economy
GBP
country
innovations
reports
UK Companies
635 UK companies employ over 660,000 in India: Report
It comes as the 13th round of free trade agreement (FTA) negotiations are ongoing between India and the UK, expected to significantly boost the bilateral trade partnership estimated at around GBP 36 billion in 2022. «It's fantastic to see even more UK companies thriving in India this year, generating thousands of jobs and delivering significant growth for both our countries,» said UK Minister for International Trade Nigel Huddleston, in a message for the report launch.
09.10 / 11:31
UPS
Waves
Ripple
Compilation
country
shock
Why distressed debt is a major concern for EM investors
Rapidly rising Treasury yields have brought back fears of a potential wave of defaults across emerging markets, with investors questioning which countries struggling with heavy debt loads will miss payments or be forced to restructure first.
09.10 / 11:29
09.10 / 10:29
09.10 / 10:29
Assurant
Strategy
Remark
Bill
country
exclusive
OBCs under women’s reservation, nationwide caste census: Mallikarjun Kharge’s big promises at CWC meet in Delhi
The Congress Working Committee (CWC), the top decision-making body of the Congress party, convened a meeting on Monday in Delhi, coinciding with the announcement of the 2023 Assembly elections scheduled by the Election Commission of India on the same day.
09.10 / 10:21
NASDAQ
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Fighting
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country
safe
Futures down as Middle East conflict sparks run for safe-haven assets
(Reuters) — U.S. stock index futures slipped on Monday as a growing conflict between Israel and the Palestinian Islamist group Hamas roiled global markets and pushed investors toward safe-haven assets, while crude prices jumped close to 3%.
09.10 / 09:19
09.10 / 09:19
UPS
Airlines
JPY
country
shock
Middle East violence rattles markets, oil jumps
LONDON (Reuters) -Oil surged, along with European defence stocks, while airline shares plunged after Israel pounded the Palestinian enclave of Gaza in retaliation for one of the bloodiest attacks in its history, unleashing fears of a wider Middle East conflict.
09.10 / 09:19
09.10 / 09:19
Ripple
Progressive
Cumberland
Celebrity
country
safe
Attack on Israel boosts appeal of gold, safe-haven assets
NEW YORK (Reuters) -The violence in Israel that erupted this weekend is prompting a move into safe-haven assets as investors closely watch events in the Middle East to gauge the geopolitical risk to markets.
09.10 / 09:19
COST
UPS
Target
show
track
country
reports
safe
Dollar benefits from safe-haven status as Middle East rages
Investing.com — The safe-haven U.S. dollar gained in early European trade Monday as the escalation of the conflict in the Middle East hit risk sentiment, following on from last week’s strong payrolls report.
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