Department Financial News

India Meteorological Department (IMD) in its daily briefing predicted rainfall with thunderstorms in Central India, Northwest India, and northeast India in the coming days. In an official statement, IMD said, “A cyclonic circulation lies over southeast Rajasthan.

NEW DELHI : Climate change will accelerate the intensity and frequency of extreme weather events, India’s top weatherman warned, on the backdrop of the country witnessing a far higher number of intensely heavy rainfall and heatwave days, fewer colder days and increasing thunderstorms in recent times. Specifically, the next three months, which coincide with the general elections, are expected to be particularly bad in terms of heatwaves.

A ‘Mornings with Maria’ panel weighs in on the March Core CPI, the Fed's expected rate cuts and the overall market outlook.

A 'Mornings with Maria' panel weighs in on the March Core CPI, the Fed's expected rate cuts and their overall market outlook.

MB Patil has offered land to eyewear retail chain Lenskart in Bengaluru, responding to a post by its founder Peyush Bansal on social media platform X. Patil told Bansal that Karnataka was the place to be for the eyewear chain to set up its manufacturing unit. The minister’s response came after Bansal sought to know through his post if a plot of 25 acres was available near the Kempe Gowda international airport in Bengaluru for his company to build its next mega factory. He sought mail from potential sellers. «The Industries Department is here to support you, and facilitate all your needs,» the minister replied within minutes.

The Wall Street Journal chief economics correspondent Nick Timiraos says the central bank needs 'credible justification' for beginning rate cuts.

OLeary Ventures chairman Kevin OLeary and former State Department spokesperson Morgan Ortagus weigh in on the impact to businesses from New York Citys congestion toll and the states policies. 

The company responsible for a global recall of sleep apnea machines is now legally barred from resuming production at U.S. facilities until it meets a number of safety requirements

General Motors’ Cruise subsidiary will be restarting its manual driving to create maps and gather road information in select cities as the robotaxi service looks to resume driverless operations

women in tech ponder leaving their organisation over the next 12 months, according to Skillsoft’s annual Women in Tech report. When asked to state their reasons for choosing to leave a job or employer, 40% cited department or company management as the top factor, 39% cited lack of training and growth, and only 26% said compensation was an influence.

India and Pakistan to lower tensions and resolve matters through talks, but said his country is not playing mediator. Matthew Miller, spokesperson for the US Department of State, made the remark on Tuesday when asked to comment on a report that alleged that Indian government agents have pursued plans to eliminate suspected terrorists inside Pakistan. “We have been following the media reports about this issue. We don’t have any comment on the underlined allegations,” said Miller.

China, Deputy Secretary of State Kurt Campbell said on Tuesday, acknowledging concerns that the warnings may have curtailed exchanges between Americans and Chinese people. Communication channels between Washington and Beijing had largely normalized after months of heightened tensions, Campbell told an event hosted by the non-profit National Committee on US-China Relations.

Michael Lee Strategy founder Michael Lee and CFRA senior equity analyst and Vice President Garrett Nelson weigh the UAW strike's impact on the stock market.

Indiabulls Real Estate (IBREL) and Embassy Group is hampering decision-making process, impacting the listed real estate firm's growth plans and unsettling stakeholders, Jitendra Virwani, the group's chairman and founder, told ET. First announced in 2020, the merger was expected to create one of India's largest property developers. The merger scheme has been approved by regulators and 99.99% of IBREL shareholders, and is currently awaiting nod from National Company Law Appellate Tribunal (NCLAT). «The delay in the merger between the company (IBREL) and the Embassy Group has been detrimental for both the companies and their stakeholders due to its prolonged uncertainty,» Virwani said in an exclusive interaction. «With one promoter stepping off and the other not being able to take control, there has been a lag in decision making and in taking the company forward despite the real estate sector witnessing one of its best growth years.»

India and Pakistan to lower tensions and resolve matters through talks, but said his country is not playing mediator. Matthew Miller, spokesperson for the US Department of State, made the remark on Tuesday when asked to comment on a report that alleged that Indian government agents have pursued plans to eliminate suspected terrorists inside Pakistan. «We have been following the media reports about this issue. We don't have any comment on the underlined allegations,» said Miller.

A spokesperson for the firm told Investment Week that Krautzberger, who is also the lead portfolio manager for its euro fixed income portfolios, will be departing for a new opportunity. Krautzberger's tenure at the firm dates back to 2005, including a period with Merrill Lynch Investment Managers as head of the European fixed income aggregate portfolio team, before the firm merged with BlackRock in 2006.  From 2011 to 2014 he served as chief investment officer and member of the board of BlackRock Asset Management Deutschland.  Amundi poaches global ETF head from BlackRock «We th...

pulses importers, millers, stockists, traders, and processors to disclose their stocks of all pulses from April 15 to prevent hoarding as it suspects a large quantity of imported legumes are lying in customs warehouses. Consumer Affairs Secretary Nidhi Khare will meet pulses traders, representatives of various government departments such as customs and state government representatives in separate meetings to discuss measures for bringing imported pulses, which are lying in customs warehouses, to the market. ET had reported that the government is planning to make it mandatory for pulses traders and retailers to disclose stocks of yellow peas (matar), tur (pigeon peas) and urad as prices in some markets show an increasing trend in its April 5 edition.

Manoj Panda as a member of the 16th Finance Commission. The 16th Finance Commission, chaired by Arvind Panagariya, has four members. Former expenditure secretary Ajay Narayan Jha and retired bureaucrat Annie George Mathew are full-time members of the commission, while SBI Group Chief Economic Advisor Soumya Kanti Ghosh is a part-time member. In a notification, the Department of Economic Affairs said Manoj Panda, former Director, Institute of Economic Growth, is being appointed as a full-time member of the 16th Finance Commission.

stocks were essentially unchanged at the close of a choppy session on Monday, with a solar eclipse offering distraction ahead of crucial inflation data and the kick-off of first-quarter earnings season. All three major U.S. stock indexes were held in check by the highest benchmark U.S. Treasury yields since November in the wake of Friday's blowout employment report.

Russia to withdraw its military and civilian personnel from the Zaporizhzhia nuclear power plant and return its full control to Ukraine. In a regular US State Department briefing on Monday (local time), spokesperson Matthew Miller said that the US is aware of the reports of a 'drone attack' on the power plant, and is monitoring the conditions there.

Election Commission has suspended three Tripura government employees, including a security personnel, for participating in political events and election campaigns, violating the model code of conduct (MCC). An election official said that Partha Pratim Debroy, a government teacher, Rasu Chowdhury, an Education Department staff member, and a Tripura State Rifles (TSR) jawan named Kishan Debbarma were suspended by their authorities for participating in election campaigns and political events. The Education Department and the TSR seventh battalion commandant separately took action following the direction of the Election Commission.