Country Financial News

Thousands of South Africans are lining up for water as the country’s largest city, Johannesburg, confronts an unprecedented collapse of its water system affecting millions of people

The Swiss National Bank says it's trimming its key interest rate, a surprise move that makes Switzerland the first major financial center to announce a cut in recent months

Two decades ago, rising gold prices launched a historic bull run in Canada’s gold mining sector. Now, bullion is popping to all-time highs again, but this time investors are fleeing gold miners’ stocks in droves.

WASHINGTON (Reuters) — The U.S. current account deficit narrowed in the fourth quarter to the lowest level in nearly three years amid an increase in secondary income, government data showed on Thursday.

Indian airlines are gearing up for an increased flight frequency as they prepare to operate 24,275 weekly domestic flights during the upcoming summer schedule, starting from March 31. This marks a nearly 6 percent surge compared to the corresponding period last year.

With a demographic shift, rising disposable incomes, and a government actively pushing financial inclusion, the Indian insurance sector stands on the cusp of another promising year in 2024. Life, health and motor will witness more growth with evolving consumer needs. Statistics reveal a burgeoning middle class, which with its increasing purchasing power, is expected to comprise 47% of the population by 2030. Rising income will invariably lead to more awareness and affordability towards insurance in the times to come.

Volkswagen India recently unveiled a range of new products at its annual brand conference. Among the highlights were the new GT Plus Sport and GT Line variants for the Taigun SUV, along with the debut of the much-anticipated ID.4 electric vehicle. The German carmaker also revamped the line structure for the Taigun, its GNCAP 5-star rated SUV. Bookings for the Taigun GT Plus Sport and GT Line variants have already begun. Revamped Line Structure for Taigun The Taigun will now be available in three trims: 'GT Edge', 'Chrome', and 'Sport'. The GT Edge variants will feature the Edge Collection with exclusive exterior colour options. The Chrome line offers a choice between a 1.5-litre, four-cylinder turbocharged petrol engine paired with either a 7-speed DSG or 6-speed manual transmission, and a 1.0-litre, three-cylinder turbo-petrol engine available with a 6-speed automatic or manual transmission. The top-of-the-line Sport trim will feature a unique blacked-out treatment and will be offered in both the GT Plus Sport and GT Line variants.

hackers are carrying out disruptive cyberattacks against water and sewage systems throughout the country. In a letter released Tuesday, National Security Advisor Jake Sullivan and Environmental Protection Agency Administrator Michael Regan warned that «disabling cyberattacks are striking water and wastewater systems throughout the United States.»

global demand for Indian goods despite the Red Sea crisis, which attracted military response from several countries, impacting trade. Outstanding export credit for Indian banks was seen at Rs 20489 crore at the end of January 26, rising 5% this financial year, data from Reserve Bank of India showed. This was the highest since February last year. «Export growth will be largely driven by global demand and as we do expect global growth to be steady, we can expect a recovery here. This will be reflected also in growth in export credit,» Bank of Baroda chief economist Madan Sabnavis said.

AFP quoted a provincial official as saying. According to the report, no one has claimed responsibility for the suicide bombing. Meanwhile, Taliban officials have confirmed that multiple explosions have been reported since the start of the holy month of Ramadan on 11 March, added the report.

Election Commission of India (ECI) has asked the ministry of electronics and information technology to ensure that no messages regarding the Viksit Bharat Model are delivered to the WhatsApp numbers of users from today keeping in view the ongoing model code of conduct (MCC) before the 18th general elections, scheduled to take place between April and June. “The Commission has received complaints from various quarters that such messages are still being delivered on citizens' phones. Since the MCC is now in force, you are hereby directed to ensure forthwith that no further delivery of 'WhatsApp messages' take place during MCC period. A compliance report in this regard may be sent immediately,” the ECI letter to the IT ministry said.

IMF has confirmed that cash-strapped Pakistan is seeking a 24th medium-term bailout package for a permanent push towards longstanding structural reforms. The International Monetary Fund (IMF) in its end-of-mission statement on Wednesday said the cash-strapped country «expressed interest in a successor medium-term Fund-supported programme to permanently resolve Pakistan's fiscal and external sustainability weaknesses, strengthening its economic recovery, and laying the foundations for strong, sustainable, and inclusive growth», Dawn News reported. It said the global lender's team reached a staff-level agreement with the Pakistani authorities on the second and final review of Pakistan's stabilisation programme supported by the IMF's USD 3 billion standby arrangement approved in July last year.

Lord Buddha, along with those of his disciples Arahant Sariputta and Arahant Maha Moggallana, after 26 -days returned to the National Museum in Delhi on March 19 and was open to brief exposition to the New Delhi based diplomatic corps on March 20. Minister of State for External Affairs Meenakshi Lekhi participated in the ceremony of prayers and chanting in the presence of representatives of the diplomatic corps from 15 countries. Those present on the occasion were Kshenuka Dhireni Senewiratne, High Commissioner of Sri Lanka; Pattarat Hongtong Ambassador, Thailand; Yasiel Alines Burillo Rivera, Ambassador of Panama; Vahagn Afyan, Ambassador of Armenia; Kenneth da Nobrega, Ambassador of Brazil; Guillermo Rubio Funes, Ambassador of El Salvador; Moe Kyaw Aung, Ambassador of Myanmar; Colin Kao, Deputy Director of the Division, Taipei Economic and Cultural Centre in India and senior diplomats from Indonesia, Bhutan, Myanmar, Romania, Peru and Serbia.

Also Read: Nifty 50, Sensex jump 1% each; why is Indian stock market gaining today? — explained with 5 critical reasons All 20 constituents of the index are currently trading in the green, with power financiers leading the charge. Power Finance Corporation saw a significant surge of nearly 6.8%, reaching an intraday peak of ₹385.85 per share, marking an end to a four-day decline.

Also Read: US Fed keeps benchmark rates steady at 23-year high-mark, projects 3 rate cuts in 2024: 5 key highlights The study investigates the impact of pandemic-induced fiscal expansions on inflation in select advanced economies (AEs) and emerging market economies (EMEs), controlling for supply-side factors. The empirical analysis suggests that countries with larger fiscal stimulus, on average, experienced higher post-pandemic inflation.

Does this mean that all bank branches will be open on Sunday, March 31?

When it comes to happiness worldwide, Canadians appear to be a pretty content bunch, according to the 2024 World Happiness Report.

By Ritsuko Shimizu

₹30 lakh so that they could settle in another country, The Times of India reported. As per a screenshot of a WhatsApp chat doing rounds on social media, the kidnapping photographs were sent to the father. When Kavya’s father replied, saying he was sending the pics to the SP, the “kidnapper" replied: “Send it to whomever you want to.

Bharatiya Janata Party (BJP) member of parliament (MP) Varun Gandhi from the Pilibhit seat in Uttar Pradesh, which he represents. Pilibhit, along with seven other seats in Uttar Pradesh, will go to the polls on April 19 in the first phase of the Lok Sabha 2024 elections, for which the filing of nominations started on March 20. For quite some time now, speculation has been rife that Varun may not be fielded by the BJP in 2024 because he attacked some of his party’s policies over the past few years.

silver" is Rs.76900.0 per kg down by Rs.500.0 per kg. Gold and Silver prices in your city are as follows: The gold August 2024 MCX futures were trading at Rs.67370.0 per 10 gm up by 1.439% at the time of publishing.