Department Financial News

NEW DELHI : The healthiest of cooking oils now comes with an even heftier price tag as climate change-induced droughts, heat waves, and wildfires scorch olive plantations in southern Europe. Extreme weather events for the second straight year in the olive-producing region have nearly halved global harvests, driving up olive oil prices to a record. Benchmark retail prices rose to a record high of $9,000 per tonne in October, showed data from the US department of agriculture.

NEW DELHI : The government may demand higher dividend payouts from state-run companies should it miss revenue targets because of sluggish tax collections or lower-than-expected asset sale proceeds, two people familiar with the matter said. It may also seek special dividends from state-run oil companies, which have reported bumper profits because of soaring crude prices, one of the two people said. However, the plans will depend on the movement of crude oil prices in the coming months and the profitability of these firms.

The Victorian government registered the State Electricity Commission as a company less than 24 hours before it unveiled a 10-year “strategic plan” at an energy conference with tech billionaire turned environmentalist Mike Cannon-Brookes.

Andhra Pradesh's Vizianagaram district on Sunday evening. One of the trains, going to Rayagada from Visakhapatnam, derailed. Officials say that 10 people were injured in the collision of two trains.

Apple's revenue in India hit nearly Rs 50,000 crore in FY23, with sales increasing 48% to Rs 49,321 crore and net profit rising 76% to Rs 2,229 crore. It is the fastest growth of net profit for Apple in India in the last five years, according to the Economic Times, citing information from Apple's Registrar of Companies (RoC).

skipper Jos Buttler decided to field first. India while batting first, kept losing its wickets from the beginning. Kohli, who arrived after Shubman Gill was bowled on the 4th delivery of the Chris Woakes, had to depart early for a nine-ball duck by David Willey on the fifth delivery of the seventh over.

killing eight people and wounding 13 others in two separate shootings in Maine, was likely experiencing a mental health crisis and did not expect to be found alive following his rampage.In a press conference Saturday, Maine Department of Public Safety Commissioner Mike Sauschuck said there were still questions around the motive of Card’s Lewiston shootings.“Clearly, there’s a mental health component to this,” Sauschuck said.“There’s a piece of that where there’s paranoia, there is some conspiracy theorists piece that, I think that what I’ve read and what I’ve seen is that the individual felt like people were talking about him.”The discovery of Card’s body Friday brought an end to an extensive manhunt just over 48 hours after it began.

Siddaramaiah on Sunday continued his attack on Prime Minister Narendra Modi accusing the Centre of not releasing grants for 61 centrally sponsored schemes in Karnataka in the past six months since Congress came to power. These schemes fell across 23 departments, the CM said in a series of posts on social media platform X, while questioning the PM if these welfare schemes had become a burden on the Centre. Siddaramaiah suspected the Centre was taking revenge on Karnataka for voting in a Congress regime. The BJP national president JP Nadda had threatened voters during the election campaign that the Centre would stop funds if the BJP was not re-elected, the CM claimed and wondered if the Centre was actually implementing this threat. The delay in release of grants, the CM added, had landed eligible beneficiaries in trouble.

Captain Rohit Sharma's solid 87 (101) Suryakumar Yadav's 49 (47) were the only saving graces in a rather dismal performance from India's illustrious batting line-up. After being asked to bat first, India made a shaky start losing two quick wickets in the space of one run. Shubman Gill was the first to get out as he was castled by pacer Chris Woakes for nine.

Jammu & Kashmir held a convocation of Kaushal Deekshant Samaroh at Srinagar's convention centre on Sunday, where more than 70 students were felicitated by LG Manoj Sinha. Speaking at the event, Sinha said that Jammu and Kashmir has the potential to become the most favoured place when it comes to skills. LG Manoj Sinha said, «ITIs have contributed to the nation for ages. There is a lot of pace in technology, it's not linear, it's exponential now. J&K has the potential to become the most favoured place when it comes to skills.

Track our LIVE AQI coverage here “In Delhi and in the whole of North India, there is an increase in the level of PM2.5, and that of PM10 is decreasing in pollution. All the buses in Delhi are CNG. But the buses coming from Uttar Pradesh, Haryana, and other adjoining areas are diesel, due to which pollution is increasing," he told the agency.

weight loss regimes that have risen in popularity in recent years.The idea is to restrict your daily eating period to a window — usually eight hours — without counting your calorie consumption, and then fast the rest of the day.Another variation is the alternate-day-fasting approach in which you restrict yourself to 500 calories every other day and then eat as much as you want the next day.“So basically, all it’s doing is lowering our food intake and that leads to weight loss,” said Krista Varady, a professor of nutrition at the University of Illinois Chicago. She has published several studies on intermittent fasting.If people with obesity strictly adhere to intermittent fasting, it can generally result in losing up to 50 pounds, Varady told Global News in an interview, with most of that weight loss coming from fat mass and belly fat.

visa wait times, the United States has still not been able to bring it back to normal, two years after the pandemic disrupted processing. Currently, applicants from India will need to wait well over 500 days to have their B1/B2 visas processed. According to the latest data on the US Department of State- Bureau of Consular Affairs website, the wait times are now

Joe Root named India's stalwart batter Virat Kohli as the «greatest chaser of all time» ahead of their upcoming clash in the World Cup on Sunday at Lucknow's Ekana stadium. England have failed to live up to their pre-tournament billing in the ongoing World Cup as they currently sit at the bottom of the table with two points. However, with their backs against the wall and faced with a do-or-die battle, the Three Lions will go all out to pull off a victory against the hosts. The defending champions hold a 4-3 lead over the Men in Blue in head-to-head encounters in ODI World Cups. However, on current form, India appear to hold the upper hand going into Sunday's clash. Virat has been influential in India's unbeaten run in the World Cup so far, playing match-winning hands in all the team's chases.

BEST's legendary red double-decker diesel buses. A transport department official said the last Premier Padmini was registered as a black-and-yellow taxi at the Tardeo RTO, which has jurisdiction over the island city of Mumbai.

There is no noticeable change in the scenario despite a 15-point winter action plan and initiatives such as 'Red Light on, Gaadi off' being put in action. With vehicular and biomass burning emissions contributing to rising PM2.5 levels, the haze is set to continue. 'Very Poor' air quality forecast has already been issued for the region from October 29 to 31. On Sunday, the overall air quality in NCR was recorded in the 'Very Poor' category, data from the System of Air Quality and Weather Forecasting and Research (SAFAR)-India showed. The AQI in Delhi was at 309 on Sunday morning.

‘Mann Ki Baat’ which is scheduled to be broadcast on Akashvani and Doordarshan. In addition, the program will also be live-streamed on the mobile applications, and YouTube channels of the Akashvani, DD News, PMO, and Information and Broadcasting Ministry. On the Akashvani channel, PM Modi's Mann Ki Baat will be broadcast in regional languages after the Hindi streaming.

₹100 crore double to 16, compared to the previous year, as per data from the Income-Tax department, Hindustan Times reported. AY21, had eight individuals declare incomes exceeding ₹100 crore, thus indicating a 100 percent jump year-on-year (YoY) in AY22, or doubling of the number of billionaires in the Indian taxpayer base, it added. The collective salary income of these 16 individuals amounted to slightly over ₹ 2,569 crore.

AQI LIVE Updates: The overall air quality in Delhi on Sunday morning continued to remain in ‘very poor’ category as the Air Quality Index (ADI) hovered around 309 at 8:00 am, according to the data revealed by SAFAR. The average AQI in Noida also stood above 300, 232 in Delhi airport (T3), 341 in Delhi University, 362 in Dhirpur. The air quality in Mumbai stood at 139 which is in ‘moderate’ category.

India and England could not be further apart as they take to the pitch on Sunday. The Brits, defending champions, and — for all intents and purposes — out of contention for this year's trophy. On the other hand are the Men in Blue; raring to go, having won five out of five of their matches in the competition.

San Diego has been identified as the costliest city in the United States, with Los Angeles, Honolulu, and Miami following closely behind. Santa Barbara secured the fifth position, according to a recent survey. The list of the most expensive places to reside, as per findings in US News and World Report, features three of the top five cities located in Southern California, according to a report. In total, eight cities in California found their way into the top 10, with San Francisco, Salinas, Santa Rosa, Vallejo, and Fairfield all included. The survey's rankings are determined by assessing the «median gross rent and annual housing costs for mortgage-paying homeowners» in each metropolitan area, the Deadline report stated. Meanwhile, a key indicator of US inflation stayed steady in September, the government reported Friday, as policymakers push on in their battle against persistent price increases. The personal consumption expenditures (PCE) price index, which is the Federal Reserve's preferred inflation gauge, rose 3.4 percent from a year ago — the same rate as in the preceding two months — said the Commerce Department. The data comes days before Federal Reserve policymakers gather for a two-day meeting to mull whether to raise interest rates again to combat stubborn inflation. While consumer inflation has cooled, the latest figures remain well above officials' two percent target and could prompt further action. Fed policymakers are due to announce their rate decision next Wednesday, with analysts generally expecting them to hold off further increases for now as the effects of earlier rate hikes ripple through the economy.