Electronic Financial News

Investing.com -- U.S. stock futures inch up on Wednesday, after the main indices on Wall Street soared in the prior session on optimism that slower-than-projected inflation data may lead the Federal Reserve to end its long-standing policy tightening campaign. Meanwhile, Target (NYSE:TGT) gears up to release its latest quarterly results and industrial activity in China grows at a faster than expected pace in October.

Investing.com-- The Japanese economy shrank more than expected in the third quarter as sticky inflation and a weak yen dented private spending, while demand in the country’s biggest export destinations also worsened. 

battery plant and an anticipated 450 permanent jobs.Prime Minister Justin Trudeau and Premier David Eby made the announcement Tuesday, touting the partnership with battery cell maker E-One Moli as a step towards developing B.C.’s clean economy.Under the deal, B.C. will fund up to $80 million for the new advanced manufacturing facility, which the province said will be the first of its kind in western Canada.The federal government is putting up $204.5 million through the Net Zero Accelerator Initiative, which is aimed at supporting companies that can help Canada reach its greenhouse gas emission targets.The plant will anchor E-One Moli’s North American operations and create a B.C.

Phased Manufacturing Program (PMP) for electric vehicle (EV) charger components, aligning with the FAME India Scheme Phase-II to promote domestic manufacturing. In a notification dated November 7, 2023, the government has listed various charger components and specified timelines for their indigenization, signaling a shift toward domestically produced parts. This includes crucial elements such as charger enclosures, internal wiring harnesses, and software for charge point operators (CPO) and management systems (CMS), effective from December 1, 2021.

NASA officials have said. «ISRO is projecting the first quarter of next year. So, I mean, that's ready,» NASA NISAR Project Manager Phil Barela said during a media interaction here on Wednesday.

Russia’s trade ministry says it has developed a tool that can help crypto miners evade Western sanctions.

Telecom operators, chip makers, network providers and handset makers have strongly opposed any hurried decision on a proposed idea to beam TV content directly to mobile phones without a cellular data connection, as the technology is still immature. The smartphone industry is worried that adoption of the proposal making it mandatory for devices to offer support to direct-to-mobile (D2M) broadcasting will increase the cost of devices by $30 (₹2,500) at least.

Randall Hopley has been arrested in Vancouver.Vancouver police told Global News that Hopley was arrested around 6 a.m. Tuesday.

NEW DELHI : After years of catering to niche audiences with limited return, India’s mobile gaming industry, comprising developers, streamers, esports platforms, and more, is gaining wider popularity. This shift is fuelled by mainstream broadcast deals and growing user willingness to pay for games.

Apple Inc supplier Foxconn to log a surprise profit of 11 percent in the third quarter. This came as a surprise as the Taiwanese phone manufacturer was anticipating a fall in revenue during the July-September period.

head coverings ahead of upcoming recruitment exams to various state boards and corporations. The guidelines have not banned hijab but it is inferred that head coverings associated with different faiths such as Islam and Sikhism will not be permitted in the exam hall, to vade off malpractices using Bluetooth devices. The Examination authority also banned electronic gadgets like phones and Bluetooth earphones inside the examination centre, reported ANI.

By Sam Nussey and Kaori Kaneko

By Roxanne Liu and Kane Wu

TAIPEI (Reuters) -Apple Inc supplier Foxconn reported on Tuesday a surprise 11% increase in third-quarter profit, boosted by strong demand for smart consumer electronics ahead of the year-end holiday shopping season in Western markets.

Chief Electoral Officer (Telangana) has asked major parties in the state to withdraw some of their political advertisements as they were in violation of the Media Certification and Monitoring Committee (MCMC) rules and regulations. The CEO (Telangana) wrote a letter to the Congress, the BJP and the BRS in the state to withdraw some of their political advertisements. «All parties agreed to abide by the decision of the certification committee to cancel the approvals given to advertisements mentioned below and gave assurance that these issues will not be repeated again,» the letter read. The CEO has asked for the withdrawal of 15 advertisements that had violated the MCMC rules.

electronic bank realisation certificate for self-certification by exporters to promote ease of doing business for traders. An electronic Bank Realisation Certificate (eBRC) is an important document for exporters and is issued by a bank as a confirmation that the exporter has received the payment from a foreign buyer against the export of goods or services. This certificate validates repatriation of export proceeds to the country and ensure compliance with provisions of foreign exchange rules.

FICCI. About 80% of the respondents to the survey reported a higher number of orders and demand conditions in July-Sept 2023-24, while 79% recorded a higher level of production. The existing average capacity utilisation in manufacturing is around 74%, which reflects a sustained economic activity in the sector, a FICCI statement said, adding that this was slightly higher than 73% capacity utilisation reported in the previous quarters. As per the survey, the future investment outlook has also improved as compared to the previous quarter with over 57% of respondents reporting plans for investment and expansion in the coming six months.

fire at a godown located in an apartment complex in Bazarghat, Nampally of Hyderabad. As reported by ANI citing DCP Venkateshwar Rao Central Zone, “Six people have died in a fire at a godown located in an apartment complex in Bazarghat, Nampally of Hyderabad." Further details awaited. Earlier in the day, a fire erupted at an electronics store located in Shalibanda, Hyderabad, Telangana, during the early hours of Monday.

dealer groups, representing FMCG, automobile and mobile phone sectors, have come together to seek laws to protect the interests of «nearly 30 million dealers and distributors» who are forced to operate under «one-sided terms and conditions». «We are concerned that companies operate without written agreements or impose one-sided agreements that solely benefit them,» Dhairyashil Patil, national president of All India Consumer Products Distributors Federation (AICPDF), said. «Distributors and dealers invest crores to set up their network, and there have been examples when companies suddenly decide to terminate their association, leaving distributors to bear the brunt of the losses,» he said, speaking for auto and mobile phone sectors as well. There are no existing laws to compensate distributors and dealers in such cases.

United Spirits, India's biggest liquor firm, said it is witnessing lower-than anticipated demand momentum during the current quarter but expects festivities and the cricket World Cup to boost recovery. «We remain cautiously optimistic that demand will pick up, though we don't see the signs right now,» Hina Nagarajan, managing director at Diageo-controlled USL, told investors on an earnings call. «But we still have a big festival season to go through — Diwali and then Christmas, etc.

Gold exchangetraded funds (ETFs) Gold ETFs are listed on the Indian stock exchanges and provide an efficient way to invest in gold without the need for physical storage. They offer flexibility for investors to trade in gold electronically. Gold mutual funds One can invest in gold mutual funds, which diversify their investments across various forms, including stocks of gold mining companies and related assets. Sovereign gold bonds Issued by the government of India, SGBs offer a secure and efficient investment option.