Fighting Financial News

By Nivedita Balu and Manya Saini

The European Union (EU) is quietly setting the direction for the future of carbon markets, with two pieces of regulation clearing big hurdles in recent weeks. Watch closely, because these initiatives will reshape the industry. On Tuesday, the European Commission and European Parliament struck a provisional deal to compile rules for certifying carbon-removal credits—the Carbon Removal Certification Framework (CRCF).

By David Lawder

South Sudan’s government is blaming the country’s economic crisis in part on fighting in neighboring Sudan and the instability in the Red Sea, where Yemen's Houthi rebels have been attacking international shipping

Sukhu government in Himachal Pradesh faces threat, Congress leader Sachin Pilot on Wednesday expressed hope that the party will resolve the political crisis in the hill state very soon. Pilot also targeted the BJP-led government at the Centre and said it failed in tackling rising inflation and unemployment. «Our party has appointed observers in Himachal Pradesh...they will talk to everyone and hopefully the matter will be resolved very soon,» he told reporters in Sikar. The Congress-led Sukhvinder Singh Sukhu government in Himachal Pradesh is in crisis triggered by Tuesday's cross-voting by six party MLAs in the Rajya Sabha election for the lone seat from the hill state.

Jake Paul's boxing match against Ryan Bourland is scheduled on March 2. However, the YouTuber-boxer has revealed that he was injured. With this the fate of the upcoming bout hangs in balance, as per a report in dexerto. Jake Paul is gearing up for his next bout in the ring against Ryan Bourland, aiming to build upon his record following his recent victory over Andre August, which elevated his record to 8-1. Paul has tasted success against Andre August, Tyron Woodley, Nate Diaz, and Anderson Silva, as per the report in dexerto.

National Company Law Tribunal (NCLT) on Wednesday told Byju’s to respond to two separate insolvency petitions filed against the troubled edtech firm by US lenders and the Board of Control for Cricket in India (BCCI). In the first matter, the Bengaluru bench of NCLT provided Byju’s parent Think & Learn three weeks from now to file its objections to a petition filed by Glas Trust Company LLC, the administrative agent appointed by a group of lenders that had extended a $1.2-billion term loan B to its US subsidiary Alpha Inc to collect the debt under the guarantee agreement.

Akhilesh Yadav on Wednesday said among the party MLAs who cross-voted in the Rajya Sabha elections, some defected to save their lives and some were under pressure. He said action will be taken against those who cross-voted according to the «established rules». Asked about the seven SP MLAs who cross-voted in favour of the BJP in the Rajya Sabha elections held on Tuesday, Yadav told reporters, «Think how much pressure is there from the government. STF is an agency of the government. Some people have gone (to the BJP) to save their lives, some under pressure and some to get respect. We hope they will get the honour soon.» On the question whether any action will be taken against the SP MLAs who cross-voted in the Rajya Sabha elections, the party president said, «Action will be taken as per the established rules.»

The European Union is on the brink of approving a major plan to fight climate change and better protect nature in the 27-nation bloc after protests from farmers and opposition from the biggest party in parliament led it to be diluted

A top court has ruled that two residents of the tiny Caribbean island of Barbuda have the right to challenge construction of an airstrip that critics say endangers fragile ecosystems and was begun without any permits

Moosewala was murdered on May 29, 2022. Satwinder Singh alias Satinderjit Singh alias Goldy Brar, known to be a key member of the Lawrence Bishnoi gang had claimed responsibility for his murder. Since the news of Moosewala's mother expecting a child broke on the internet, netizens on X are pouring in congratulations for Charan Kaur with some fans are excitedly awaiting the arrival of Sidhu Moosewala Jr.

The NASCAR season is underway, with 38 races set to determine another stock car racing champion in the 76th season of the top motorsports series in the United States

Ukrainian President Volodomyr Zelenskyy has arrived to Saudi Arabia and met the kingdom’s powerful crown prince to push for a peace plan and the return of prisoners of war from Russia

Wisconsin Gov. Tony Evers is again asking Republican legislators to release $125 million set aside to combat pollution from so-called forever chemicals

Macy’s will close 150 unproductive namesake stores over the next three years, including 50 by year-end

Amit Shah said anyone threatening the nation's security will face ruthless measures. Jamaat-e-Islami J-K found continuing its activities against the nation's security, integrity, and sovereignty, he added.

Vodafone Idea board on Tuesday, February 27, approved a fundraise plan of up to ₹20,000 crore through a combination of equity and equity-linked instruments, said the telecom, adding that promoters will also participate in the proposed equity raise. With this fundraising plan, the company plans to raise around ₹45,000 crore through a mix of equity and debt, said Vodafone Idea in a regulatory filing to the stock exchanges. The board has also authorised the management to appoint bankers and counsels to execute the fund raise.

Hockey India CEO Elena Norman on Tuesday said the work environment in HI was «suffocating» and she had no choice but to call it quits. After holding the position for 13 years, Norman resigned and even though HI did not reveal the specific reasons for her decision in its official statement, the Australian spoke out on what pushed her to exit. «Absolutely, it was getting tough to deliver in the fight between two factions. The environment was becoming suffocating,» Norman told PTI in an interview. «There are two factions in Hockey India. There is (President) Dilip Tirkey and I and there is (Secretary) Bholanath Singh, (Executive Director) Cdr. R K Srivastava and (Treasurer) Sekar J Manoharan,» she said.

Indian nationals hired by Moscow, with the help of recruiters around the world, for the Russian army in Ukraine. Two years into the war tens of thousands of Russian soldiers have died in Ukraine, and Moscow is on a global quest for more combatants, sometimes with the assistance — complicit or oblivious — of informal intermediaries. An Indian translator working in a military recruitment centre in Moscow told AFP journalists in New Delhi that his facility was one of a network across Russia.

Nirmala Sitharaman and Jaishankar) will contest the Lok Sabha elections. It has not been decided yet from where they will fight, whether it is in Karnataka or some other state," Joshi told reporters on Monday. When questioned if the Union Ministers will contest from Bengaluru, Joshi, who holds the Coal and Mines portfolio, said he cannot answer it since nothing has been finalised yet.

Joe Biden highlighted that he hopes there will be a ceasefire in the Israel-Hamas conflict by «next Monday,» as reported by CNN. He further said that we are close to it but it's not done yet.