Country Financial News

By Philip Blenkinsop

biggest energy producers, and countries like India, the biggest consumers. Crude oil prices had shot up more than three times during the 1990 Gulf War. In a wide-ranging conversation on ET’s The Morning Brief podcast with Arijit Barman Robert ‘Bob’ McNelly, Founder and President of Rapidan Energy, talks about the volatile energy economics and geopolitics. McNelly has seen conflicts from up close.

our people were not agreeing. Because the question was not how many seats, the question was which seats. We were not able to convince our people on the seats they wanted," he added.

By Emma Farge

ATHENS (Reuters) — The European Central Bank left interest rates unchanged as expected on Thursday, snapping an unprecedented streak of 10 consecutive rate hikes, and maintained its guidance which signals steady policy ahead.

ATHENS (Reuters) — The European Central Bank broke the longest streak of interest rate hikes in its 25-year history on Thursday, saying the latest data continued to point to inflation slowly coming down to its 2% target.

Optiemus Infracom Ltd, which will be called Bharat Innovation Glass Technologies. “For the first time cover glass will be made in India for both local and international OEMs that are assembling their devices in India. The technology is scalable and can be expanded to support an increase in supplies.

Antonio Guterres Wednesday rejected Israel’s accusations that, in a statement to the Security Council, he had justified attacks by the Palestinian militant group Hamas on Israel, ANI reported "I am shocked by misrepresentations by some of my statement yesterday in the Security Council -- as if I was justifying acts of terror by Hamas" The Times of Israel reported quoting the US chief. Guterres on Tuesday, without naming Israel, had denounced "the clear violations of international humanitarian law" in Gaza and pleaded for civilians to be protected in the conflict between Israel and Hamas.

The Peebles Corporation founder, Chairman and CEO Don Peebles predicts headwinds for the real estate market with high interest, mortgage rates and commercial building problems.

first meeting of the Ethics Committee of Lok Sabha was held on Thursday to address the "Cash for Query" allegations lodged against the TMC MP. Earlier in the day, sources told news agency ANI that the Parliament Ethics Committee agreed “that the charges against TMC MP Mahua Moitra are very serious and the committee will consider them seriously." BJP MP Nishikant Dubey and Advocate Jai Anant Dehadrai appeared before the Committee on Thursday to submit oral evidence in regard to the complaint filed by Dubey against Moitra.

Narendra Modi will kick off this three-day event, as revealed by the Department of Telecommunications on the X social media platform. India Mobile Congress 2023 promises to be a focal point for innovation, knowledge exchange, and networking, making it an essential event for those engaged in the telecom and technology sectors. As per a release by PIB, the event is a collaborative endeavor between the Department of Telecommunications and the Cellular Operators Association of India, and it will be held at Pragati Maidan, Delhi.

Congress leader Randeep Singh Surjewala said on Thursday that his party and SP are in principle fighting together in the country over issues like unemployment, corruption and inflation and that their DNA for the Constitution and the nation is the same. Surjewala's remarks came amid public discord between the Congress and Samajwadi Party (SP) over seat-sharing for next month's assembly elections in Madhya Pradesh. Both parties are partners in the opposition bloc INDIA.

Telangana Chief Minister K Chandrasekhar Rao on Thursday said it is the public who suffer if they don't chose a good party that works for the development of the state. Speaking at an election rally here, Rao, also known as KCR said BJP chief ministers who are not able to provide adequate drinking water and power facilities in their own states, will descend here for the poll campaign and «preach» to the voters. «Personally we don't lose anything ( if not voted to power).

Kya atyachar, kya anachar chal raha hai? BJP is playing a dirty game in the name of ED raids on opposition leaders across the country ahead of the Lok Sabha elections. BJP says it wants Sabka Sath Sabka Vikas, but actually means Sabka Sath Sabka Satyanash," she added.

revenue from operations of ₹2,519 crore in the second quarter of fiscal year 2023-24 (Q2FY24), marking a growth of 32 percent as compared to ₹1,914 crore reported in the year-ago period. The fintech major posted a consolidated net loss of ₹292 crore during the quarter under review, which is 49 per cent lower as against a loss of ₹572 crore reported in the corresponding period of FY23.

₹63.65 per share to the current trading price of ₹131.75, marking an impressive gain of 107%. In the most recent trading session (Wednesday), the shares jumped 13.41% to reach a 21-month high of ₹145 per share, in response to the company's strong Q2FY24 earnings. Between October 2021 and March 2023, the stock witnessed a significant decline, falling from ₹169.30 to ₹63.65, resulting in a 62% loss.

Paying for health care is increasingly straining US adults as escalating medical costs converge with rising prices throughout the economy.

By Allan Lanthier

There are clear signs China wants to take the digital yuan, its CBDC, into the global arena – with CIPS and BRI integrations in the pipelines.

Edelweiss Mutual Fund on Thursday said it has mobilised over Rs 1,000 crore during the new fund offering (NFO) of its multi-cap fund. The Edelweiss Multi Cap Fund has recorded the highest collection ever achieved by the fund house in an equity NFO, with over 65,000 applications. The NFO was open from October 4-18 and will re-open for subscription from October 30 onwards, the fund house said in a statement. The main aim of Edelweiss Multi Cap Fund is to generate long-term capital appreciation by investing in a diversified portfolio of equity and equity-related instruments across large cap, mid cap, and small cap stocks. «This response for Edelweiss Multi Cap Fund NFO demonstrates the faith of over 65,000 investors and over 3,000 distribution partners from Pan-India which played a crucial role in facilitating the fund's exceptional mobilisation,» Deepak Jain, Head Sales, Edelweiss Mutual Fund, said.

To help students be mindful of their safety abroad, here are the top seven recommendations: