Country Financial News

macroeconomic uncertainty. Oil producers Saudi Arabia and Russia extended their voluntary oil output cuts of a combined 1.3 million barrels per day (bpd) to the end of the year which resulted in a sharp surge in international crude prices - reaching a 10-month high peak earlier this week. Brent crude futures were up 53 cents to $90.45 a barrel, while US West Texas Intermediate crude (WTI) futures were up 39 cents at $87.26 a barrel, according to news agency Reuters.

New Delhi: The central government on Friday notified the third phase of mandatory hallmarking of gold jewellery and artefacts, which will cover an additional 55 districts, taking the total number of districts covered under mandatory hallmarking at 343 across the country. "The third phase of the mandatory hallmarking will cover additional 55 new districts under the mandatory hallmarking system, wherein a hallmarking centre has been setup post implementation of the second phase of the mandatory hallmarking order thereby making the total number of districts covered under mandatory hallmarking as 343," Ministry of Consumer Affairs, Food & Public Distribution said in a statement.

leadership by keeping the 1.5 degrees Celsius goal alive, rebuilding trust based on climate justice and advancing just and equitable transition through a green economy, United Nations General Secretary Antonio Guterres said. At the Paris climate talks in 2015, countries agreed to limit global warming to 1.5 degrees Celsius as compared to pre-industrial levels (1850-1900) to avoid extreme, destructive and likely irreversible effects of Climate Change. "We have no time to lose, challenges stretch as far as I can see.

foreign exchange or forex reserves jumped by $4.039 billion to $598.897 billion for the week ended September 1, data from the Reserve Bank of India (RBI) showed on Friday, September 8. With this, forex reserves halted a two-week losing streak and an increase of $4.04 billion from the previous week, recorded the biggest gain in nearly two months. In the previous reporting week, the overall reserves had dropped by $30 million to $594.858 billion.

trade deal, but it's not a given. These things are a lot of work and a lot of time. We need to end up with something that works genuinely for both sides," Mirror quoted him as saying while enroute to India.

climate change and sustainable development goals, even as he acknowledged the geopolitical divisions hurting the grouping. Guterres welcomed India’s slogan for the G20: ‘One Earth, One Family, One Future’. However, he wryly noted, the world wasn’t living up to that promise.

Climate Change (MoEFCC) is responsible for framing laws and regulations related to waste management in the country. The Central Pollution Control Board (CPCB) and state pollution control boards are responsible for enforcing these regulations and monitoring compliance. However, waste management given its inter-sectoral nature also features in the mandate for other ministries like the Ministry of Housing and Urban Affairs.

By David Stanway and Riham Alkousaa

Investing.com -- Shares in Apple (NASDAQ:AAPL) climbed in early U.S. trading on Friday, paring back some losses from two straight days of declines that wiped around $200 billion off of the tech giant's market value. Media reports suggesting that government officials in China have been barred from using Apple’s iPhone and other foreign-branded mobile devices at work have sparked concerns that Beijing is willing to sideline American companies in favor of Chinese players. China is a crucial market for Apple, with the country accounting for nearly a fifth of its total sales. 

United Nations Secretary-General Antonio Guterres said on Friday that the world was facing the risks of conflict as divisions between nations widen, in a warning ahead of a G20 leaders summit. «If we are indeed one global family — we today resemble a rather dysfunctional one», Guterres told reporters in New Delhi. «Divisions are growing, tensions are flaring up, and trust is eroding — which together raise the spectre of fragmentation, and ultimately, confrontation.» The Group of 20 major economies currently consists of 19 countries and the European Union, making up about 85 percent of global GDP and two-thirds of the world population. But deep disagreements on Russia's war in Ukraine and how to help emerging nations tackle climate change are expected to hamper agreements during the two-day meeting in New Delhi. «This fracturing would be deeply concerning in the best of times, but in our times, it spells catastrophe», Guterres added. «Our world is in a difficult moment of transition. The future is multipolar, but our multilateral institutions reflect a bygone age. »The global financial architecture is outdated, dysfunctional, and unfair.

Vasudhaiva Kutumbakam', 'welcome' has been printed in languages of all G20 member nations and invited countries, on an official welcome backdrop installed in the Delegation Offices set up at Hall no. 14 of the Bharat Mandapam complex. From 'Willkomen' in German to 'Selamat Datang' in Indonesian and 'Bienvenido' in Spanish to Hosgeldiniz' in Turkish, the backdrop wears a colourful look. In a late Thursday night post on 'X', G20 India shared glimpses of the 'RBI Innovation Hub Pavillion', 'Digital India Experience Zone' and other facilities which have been created for delegates and others, in a video of the Bharat Mandapam. In the short video, G20 Chief Coordinator Harsh Vardhan Shringla also gave a sneak peek into dedicated office spaces which have been built for delegates of all G20 members nations and invited countries, besides a common spacious lounge area. The welcome backdrop was also shown in the video. From greetings in Bangla to German and Russian to Mandarin, the massive backdrop fronted by flags of all G20 members and invited countries and international organisations, paints a picture of 'Vasudhaiva Kutumbakam' — One Earth.

United Nations Secretary-General Antonio Guterres on Friday hoped India's presidency of G20 will help drive the transformative changes that the world desperately needs as he warned against the catastrophe of growing divisions and eroding trust in a fragmented world. Addressing a press conference here ahead of the G20 Summit, he said the phrase of 'One Earth, One Family and One Future' adopted by India as G20 theme inspired by the Mahaupanishad finds profound resonance in today's world. «If we are indeed one global family, today we resemble rather a dysfunctional one,» he added. Guterres said, «I hope that India's presidency of G20 will help drive the kind of transformative change that our world desperately needs, in line with the repeated commitments of India to act on behalf of the Global South and its determination to pursue developmental agenda.» «Divisions are growing, tensions are flaring up and trust is eroding, which together raise the spectre of fragmentation and ultimately confrontation.

India, explicitly warning the ambassador to be more careful while commenting on sensitive matters of other nations. While speaking at an event titled 'China in Global Economy and its Impact in Nepal' on Saturday, Chinese Ambassador to Nepal Chen Song claimed that Nepal was facing a trade deficit from electricity trade with India. «Unfortunately, you have a neighbour like India, but fortunately you have a neighbour like India because India is a huge market with huge potential you can tap into. But at the same time, India's policy towards Nepal and other neighbours is not so friendly and is not so beneficial to Nepal.

Brookfield Asset Management spoke about additional investments in The Leela Palaces Hotels & Resorts business, the company's 'record' performance and 'robust' margins and the expansion plans going forward. Edited excerpts:Q: How has Brookfield’s $558 million investment in Leela fared? A: When we invested in the Leela business, our engagement with them lasted throughout 2018-19. This was prior to the global pandemic, Covid-19.

By Valerie Volcovici

Mega Millions winning numbers are disclosed at 11 pm (ET), with the jackpot prize for Mega Millions on September 8, 2023, reaching an impressive $122 million. Looking back at previous Mega Millions winners, the last drawing occurred on September 5, 2023, with a jackpot prize of $101 million. The winning numbers for that Mega Millions drawing were 3, 43, 50, 51, 65, and 13, with a 3X Megaplier. If you happened to match the winning numbers, you can visit the Payout page to determine your winnings. You can also explore the winning numbers from the past 50 draws in our archives. The Mega Millions Lottery stands as one of the largest lotteries in the United States. It is an American multi-jurisdictional lottery game available in 45 states within the country. However, it's important to note that several state jurisdictions do not participate in this particular lottery. The Mega Millions jackpot grows in size when no top prize winners emerge. Drawings for Mega Millions occur every Tuesday and Friday at 11 pm (ET), even on holidays.

SEBI's confirmatory order that barred Zee Entertainment Enterprises' Punit Goenka and Subhash Chandra from holding any key positions in the company and other organisations.

Khaleej Times reported more than 300 people in the UAE participated in the blood donation initiative and the camps were held across the country over three weeks. Some people were reported to have driven long distances to participate in the initiative. Padma Shri winner Mammootty has acted in over 400 films in various languages in a career spanning over five decades. On the occasion of his birthday, the veteran Malayalam superstar got a heartwarming birthday wish from his son and actor Dulquer Salmaan. Dulquer took to social media to share a post as he uploaded two pictures, one of himself sharing the frame with his father and the other picture of Mammootty. Both the pictures are in monochrome. «When I was a boy you were the man I wanted to become. When I first stood in front of the camera you were the actor I wanted to become. When I became a father you were everything I wanted to be. I hope one day I become even half of who you are Pa! Wishing you the happiest birthday. May you always continue to awe, entertain and inspire the world in ways only you can,» he said in the post. Every year on Mammootty's birthday, Dulquer puts up a sweet post honouring the actor. Kerala Chief Minister Pinarayi Vijayan and Leader of Opposition V D Satheesan also wished the actor on his birthday.

TIME Magazine on Friday released its first TIME100 AI list which recognises personalities who made notable contributions in the ever-growing field of artificial intelligence (AI). On the list, naturally, are obvious names like Sam Altman, cofounder and CEO of OpenAI, Nvidia top boss Jensen Huang, and X (formerly Twitter) boss Elon Musk who launched xAI in July.

Finance Minister Nirmala Sitharaman on Friday held a bilateral meeting with US Treasury Secretary Janet Yellen and discussed G20 priorities. The bilateral meeting took place a day ahead of the G20 Leadership Summit beginning on Saturday here. «FM Smt.

dearness allowance of Scheduled Tribe employees from 34 to 38 percent. According to Maharashtra Chief Minister's Public Relation cell, this move will put a total additional burden of ₹9 crore on the Maharashtra government. Chief Minister Eknath Shinde has in August 2022, approved a 3% increase in Dearness Allowance of government employees.