Country Financial News

The Queensland government has been urged to dump its controversial coal royalty regime after a new report showed mining investment and jobs would plummet in the Sunshine State over the next five years.

Canadian uranium developer NexGen Energy has secured $US155 million ($240 million) in financing from investment house Washington H. Soul Pattinson and recourse sector investor Queens Road Capital.

Union Sports Minister Anurag Thakur felicitated the International Chess Federation FIDE World Cup 2023 runner-up R Praggnanandhaa and his parents on Friday. Speaking during the felicitation programme, Thakur said, "I congratulate him. He has made India proud.

Adani Power shares opened lower and went on to make intraday low of ₹312.25 apiece on NSE, logging over one per cent dip against its Thursday price. Similarly, Adani Enterprises shares are also swinging in gain and loss while Adani Green Energy, Adani Ports, Adani Total Gas, Adani Transmission, Adani Wilmar, etc.

Scam 2003 - The Telgi Story was released on September 1. Hansal Mehta, the creator of the blockbuster web series Scam 1992, is the creative director of the second instalment of the Scam franchise. Based on Sanjay Singh's Telgi Scam: Reporter's ki Diary, the web series will stream on SonyLIV.

Neil Pharaoh is a loyal Qantas Platinum frequent flyer who has flown with the airline since he was born. But he’s considering switching to Virgin after half his flights were cancelled or delayed in the past year.

Hiring dipped 3% month-over-month, according to talent platform foundit's Insights Tracker, presenting the latest findings on hiring trends for August 2023. In addition, e-recruitment activities in India fell by 5% in August 2023 compared to August 2022. The index further dropped from 275 in August 2022 to 260 in August 2023.

Oil Marketing companies (OMCs) have reduced the price of commercial LPG gas cylinders. The new prices will be effective from today. The new prices will be effective from today and 19 Kg commercial LPG gas cylinders will be sold at Rs 158, the ANI sources reported. On August 30, the price of a Domestic LPG gas cylinder was reduced by Rs 200 by the central government as a Rakhsha Bandhan gift to women of the country. Monthly revisions for both commercial and domestic LPG (liquefied petroleum gas) cylinders occur on the first day of each month, with the new rates becoming effective from September 1. Earlier in August, the prices of commercial LPG cylinders were slashed by Rs 99.75 by the OMCs. In July, the prices of commercial LPG gas cylinders were increased by Rs 7 each. Before this hike, there had been two consecutive price cuts for commercial LPG cylinders which were in May and June this year.

Battlegrounds Mobile India) quickly rose to prominence in India after the ban on PUBG Mobile. Despite facing its own ban, the Indian government decided to allow BGMI back into the country with certain modifications around 10 months ago. Similar to other popular battle royale titles like Garena Free Fire, BGMI developers regularly release redeem codes that grant players access to a wide range of enticing rewards and freebies.

China released the 2023 edition of its 'standard map' on August 28, showing India's Arunachal Pradesh and Aksai Chin as part of its territory. The map also shows China's claims in the South China Sea over the exclusive maritime zones of countries such as Malaysia, Brunei, the Philippines, Indonesia and Vietnam.

Hawaii is opening several investigations into people who allegedly have made unsolicited offers for property in the fire-stricken town of Lahaina in violation of a new emergency order

covid-19, anti-maskers in the era of Spanish flu waged a disinformation campaign. They sent fake messages from the surgeon-general via telegram (the wires, not the smartphone app). Because people are not angels, elections have never been free from falsehoods and mistaken beliefs.

Chandrayaan-3's instruments recorded a natural event that occured on the lunar surface, according to Indian Space Research Organisation (ISRO) The space agency said on Thursday that the event — recorded on the Instrument of Lunar Seismic Activity (ILSA) payload on the Vikram lander — is still under investigation. «The Instrument for Lunar Seismic Activity (ILSA) payload on the Chandrayaan 3 Lander is the first instance of a Micro Electro Mechanical Systems (MEMS) technology-based instrument on the moon. It has recorded the vibrations occurring due to the movements of Rover and other payloads,» ISRO said. Posting on the platform X, formerly Twitter, the agency said, «Additionally, it has recorded an event, appearing to be a natural one, on August 26, 2023.

China stepped up efforts to support its housing sector and stabilise the yuan, though investors remained cautious ahead of U.S. jobs data that could make or break the case for further rate hikes. U.S.

In an exclusive interview with ET, Rajeev Menon, President, Asia Pacific (excluding China) at Marriott International said the chain has seen a RevPar (revenue per available room) growth of 35% in India in the first six months of this year compared to 2019. He said the country is a ‘decades long’ growth story.The major hospitality players have seen both demand and margins grow. That doesn’t happen often. Right now, all around the world including India, people are willing to pay more for travel experiences.

Poland’s working-age population will decline by nearly a third by 2060 unless the country opens its borders to more migrants from beyond eastern Europe, according to a study by the state statistics office. The projection reflects a dwindling birth rate and highlights political battles over opening the European Union’s sixth-largest economy to more migration. Such a drop would pile more pressure on Poland’s labor-hungry $688 billion economy and strain public finances as the number of retirees surges. In a little less than four decades, Poland’s working-age residents could shrink by 7.1 million from 22.2 million now, according to the study. At the same time, aging populations in neighboring Ukraine and Belarus will reduce the number of workers potentially coming into Poland. “In order to achieve higher levels of immigration, which would make it possible to at least partially compensate for the losses in the labor market, greater diversification of the countries of origin of immigrants will be necessary,” the report said. “This would mean the appearance of more people from culturally different Asian or African countries.”

Oil prices were set to snap a two-week losing streak as they rose for a fourth consecutive session on Friday due to tightening supplies and expectations of the OPEC+ group of oil producers extending output cuts to the end of the year. Major benchmarks rose slightly in early Asian trade, with the U.S. West Texas Intermediate crude (WTI) up 7 cents, or 0.1%, at $83.70 a barrel, while Brent crude was also up 7 cents at $86.90/bbl as of 0107 GMT. Analysts expect Saudi Arabia to extend a voluntary oil production cut of 1 million barrels a day into October, adding to cuts by the Organization Petroleum Exporting Countries and allies, known as OPEC+. «We continue to expect cuts to be extended, with prices above US$90/bbl (on a sustained basis) required to draw OPEC supply back to market, as well as incentivize U.S.

China's biggest banks on Friday cut interest rates on a range of deposits in an effort to ease pressure on their shrinking margins as lenders move to lower mortgage rates to prop up a struggling property sector and a faltering economy. The banks, including Industrial and Commercial Bank of China and Agricultural Bank of China on Friday cut their deposit rates by between five and 25 basis points, websites from each bank showed. Three sources familiar with the matter told Reuters on Tuesday that major state banks would cut deposit rates as they prepare to lower interest rates on existing mortgages, part of Beijing's efforts to revive the debt crisis-hit property sector. Starting from Sept.

G20 summit. Also read: ‘G20 leaders are going to ask…’: Rahul Gandhi attacks PM Modi on OCCRP allegations against Adani Group The Treasury said Yellen also will rally America's G20 allies to maintain economic support for Ukraine and increase costs on Russia over Moscow's continuing war in Ukraine. This includes supporting the G7-led price cap on Russian oil exports and efforts to strengthen global food security in the face of restrictions on Ukrainian grain exports.

A Pennsylvania media conglomerate has sold its four daily newspapers, including The Times-Tribune of Scranton, to publishing powerhouse MediaNews Group, ending nearly 130 years of local ownership

China on Thursday said it firmly opposed all forms of official interaction between the Taiwan authorities and countries having diplomatic relations with Beijing. Responding to a question raised by a Pakistani journalist on reports that three former top Indian military officials attended a security dialogue held by Taiwanese authorities in Taipei this month, Chinese Foreign Ministry spokesman Wang Wenbin said that China firmly opposes all forms of official interaction with Taiwan. China, which considers self-ruled Taiwan as part of its mainland, routinely objects to any high-level visits to Taipei, saying that it is a violation of the one-China principle. According to the media reports, Admiral Karambir Singh, General M M Naravane and Chief of Air Staff R K S Bhadauria — the former Navy, Army and Indian Air Force chiefs respectively — recently attended Ketagalan Forum's 2023 Indo-Pacific Security Dialogue held in Taiwan. Answering a question on their attendance, Chinese Foreign Ministry spokesman Wang said, «China firmly opposes all forms of official interaction between the Taiwan authorities and countries having diplomatic relations with China.» «This is our consistent and clear position.