Department Financial News

Delhi and NCR (National Capital Region) received incessant rainfall accompanied by thunderstorms and lightning beginning in the early hours of Friday. On Thursday, parts of Delhi received spells of heavy rainfall, bringing much-needed respite from the sweltering heat. The India Meteorological Department (IMD) has forecasted the weather for the next seven days in Delhi, predicting generally cloudy skies and varying intensities of rain accompanied by gusty winds.

Upon receiving the information, around three fire tenders rushed to the spot. «Around 5.30 am, we received a call regarding a roof collapse at Terminal-1 of Delhi airport. Three fire engines have been rushed to the spot,» says an official from Delhi Fire Services.

NEW DELHI : Every Friday, Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. Despite arriving early, the annual monsoon rains have been deficient in June so far, while the government has imposed stock limit on wheat to control price rise. The Adani Group is planning to nearly double its capital expenditure in 2024-25.

Dexter: Original Sin, Sarah Michelle Gellar will play Dexter Morgan's new boss at the Miami Metro Police Department.

What would be the nation’s largest export terminal for liquefied natural gas has won approval from a federal commission

The Justice Department has charged nearly 200 people in a sweeping crackdown on health care fraud schemes nationwide with false claims topping $2.7 billion

monsoon has covered more than three-fourths of the country and it is set to cover the entire country on time for the planting season despite stalling earlier this month, two senior weather officials said on Thursday. Summer rains, critical for economic growth in Asia's third-largest economy, usually begin in the south around June 1 before spreading nationwide by July 8, allowing farmers to plant crops such as rice, cotton, soybeans, and sugarcane. «Monsoon is advancing quickly in northern India and will cover the entire country on time,» said an official of the India Meteorological Department (IMD), who spoke on condition of anonymity as he was not authorised to speak to the media.

Trai) to recommend the terms and conditions for the authorisation mechanism to be followed to regulate the industry, as it looks to abolish the licensing regime. The Department of Telecommunications has asked Trai to share its recommendations preferably in 60 days as it looks to act swiftly on the matter, said officials. «Trai met the telecom operators and internet service providers today (Thursday) to seek their inputs on the authorisation structure. The players can provide their comments by early next week, following which Trai will issue a consultation paper,» an official told ET on condition of anonymity.

The US Supreme Court curbed the Securities and Exchange Commission’s ability to press complaints before in-house judges, saying defendants have a constitutional right to make their case to a federal jury when the agency is seeking financial penalties.

The Canadian government has ended the Newfoundland and Labrador cod moratorium, which gutted the Atlantic-coast province’s economy and transformed its small communities more than 30 years ago

A fire has broken out on top of a building housing Denmark’s taxation ministry, leading to the evacuation of the offices and adjacent houses

The Supreme Court has rejected a nationwide settlement with OxyContin maker Purdue Pharma that would've shielded Sackler family members who own the company from civil lawsuits over the toll of opioids but also would've provided billions of dollars to c...

Fewer people applied for unemployment benefits last week but the total number of Americans collecting jobless benefits rose to the highest level in more than two years

According to a UBS staff memo seen by Investment Week, the firm will consolidate all its global wealth management units into one department called GWM Solutions. The division will be led by Yves-Alain Sommerhalder, former managing director at Credit Suisse, and will begin operations on 1 July. Sommerhalder will be based in New York and Zurich and will report to Khan and Karofsky while being part of the GWM management team. UBS appoints head of UK wealth management GWM Solutions will include the global investment management, unified global markets, global lending unit and global fam...

WASHINGTON: First-time applications for U.S. unemployment benefits drifted lower last week, which could allay fears of a material shift in the labor market. Initial claims for state unemployment benefits dropped 6,000 to a seasonally adjusted 233,000 for the week ended June 22, the Labor Department said on Thursday. The claims data included last Wednesday's Juneteenth National Independence Day, a new holiday. Claims tend to be volatile around public holidays.

Steve McDonald (Simon Gregson) will be shocked when Tracy Barlow (Kate Ford) returns to Coronation Street. A few months earlier, Tracy moved to Spain with her former football teammate Tommy Orpington (Matt Milburn), having departed Weatherfield. Tommy, a painter and decorator who arrived on the cobbles, quickly began an affair with Tracy, Steve's wife, as reported by Metro.

vegetable spending has increased by 25-100% in the last few weeks due to higher prices. Within the last week alone, per kilogram price paid for tomatoes by 2 in 3 consumers has risen from Rs 30 or more to Rs 50 or more. In some states, it has crossed Rs 100/kg. If the monsoon does not deliver better than normal rains during July, when most of the sowing is done in rain-fed areas, or if it rains too much where vegetables are grown, the situation is likely to worsen as far as vegetable supplies and prices are concerned. Local authorities may need to step in to prevent profiteering and the Department of Consumer Affairs may need to intervene via NCCF in making these vegetables available at subsidized prices in districts that are currently experiencing abnormally higher prices, the survey added.

Boeing is being sanctioned by US investigators for sharing information about a federal investigation of a door plug blowout that left a gaping hole in a Boeing 737 Max 9. The National Transportation Safety Board (NTSB) said Thursday that Boeing «blatantly violated» the agency's investigative regulations as well as a signed agreement by providing non-public investigative information to the media and speculating about possible causes of the January 5 door plug blowout on a Boeing passenger jet in Portland, Oregon. During the incident, a panel that plugged a space left for an extra emergency door blew off an Alaska Airlines Max 9. Pilots were able to land safely, and there were no injuries.

Mazagon Dock Shipbuilders Share Price Today: Shares of Mazagon Dock Shipbuilders rallied nearly 12 per cent to hit a lifetime record-high mark during intra-day on Thursday, June 27, after bagging the ‘Navratna’ status from the finance ministry. The defence public sector undertaking (PSU) has delivered multi-bagger returns to investors over the last one-to-three-year periods.Shares of the premier warship and submarine builder rallied for the second straight day on June 27 after the finance ministry elevated the defence PSU to the Navratna status.

Income Tax Department has recently started providing you with an elaborate annual information statement (AIS). The AIS has widely expanded the scope of data available to you. The AIS contains data about various specified financial transactions carried out by you during the year, like property purchase and sale, transactions in shares and mutual funds, bank fixed deposits, credit card payments, amounts deposited in our bank account, saving bank interest, etc.

As CIO, Alster was responsible for the wider central investments and funds teams, having joined the firm in 2014 as head of research. He will be succeeded by CBAM's head of wealth planning John Edmeads. Marshall joined CBAM in 2007 as an investment director and was later promoted to COO for investments, eventually becoming head of bespoke in 2019. Close Brothers AM restructures senior investment leadership He will be replaced by CEO Eddy Reynolds, who will receive support from CBAM's chief commercial officer Nathanael Pinder. Pinder, in turn, will be taking a position on the execut...