FIVE Financial News

Gold prices faced downward pressure throughout the week due to encouraging US economic data, with the upcoming focus on the Consumer Price Index (CPI) developments in the coming week. This resulted in gold experiencing its first weekly decline in three weeks.

The Wallabies have banked their first win under Eddie Jones, opening their Rugby World Cup campaign in France with a 35-15 victory over Georgia.

Sanjiv Bhasin, Director, IIFL Securities, says “Mr Vaidyanathan, according to me, is the best banker in India. I see no letup in this stock. Yes, it is an expensive stock. It has run up far in excess but who is to blame? There was so much under-ownership and IDFC First is headed higher. Bhasin also says that “Page Industries is a must-have. It is one of the best consumer stocks. Wait for declines to add some. Also, Indian Hotel or a Devyani or a United Spirits cannot be rebuilt.”IDFC First Bank has managed to outperform its other banking peers but do you think most of the rally is over and it is time to switch into other names?For the last two years, I was advocating this stock at Rs 30-35. And there would always be the argument on why should it perform? It was a lending institution and so on. And I only pursued that stock on the basis of Mr Vaidyanathan. Today, there is a sell report or whatever, but Morgan Stanley has been bearish from Rs 30. How will he justify Rs 100? The business is humongous.

Aditya L1 spacecraft, India's first space-based mission to study the Sun, completed its third earth-bound maneuver successfully in the early hours of Sunday, according to ISRO. The operation was carried out by the space agency's Telemetry, Tracking, and Command Network (ISTRAC). «The third Earth-bound manoeuvre (EBN#3) is successfully completed from ISTRAC, Bengaluru.» «During this operation, ISRO's ground stations in Mauritius, Bengaluru, SDSC-SHAR, and Port Blair tracked the satellite,» the Indian Space Research Organisation (ISRO) said in a post on social media site X (formerly knows as Twitter). The new orbit achieved is 296 km x 71767 km, according to the statement, and the next maneuver is slated for September 15, around 2 a.m. Aditya-L1 is India's first space-based observatory, and it will study the Sun from a halo orbit around the first Sun-Earth Lagrangian point (L1), which is around 1.5 million kilometers from Earth. On September 3 and 5, the first and second earthbound movements were successfully completed.

When Jeff Quartermaine kicks off his investor roadshow in Sydney this week, don’t be surprised if the Perseus Mining boss spends a fair bit of time talking about rival gold miners Northern Star and Evolution Mining.

Ukraine-Russia war. A consensus that had seemed elusive was achieved following hard bargaining and intense discussions among all G20 negotiating teams amid key meetings, ET has learnt. The need for consensus on the New Delhi Declaration that was adopted on Saturday had also figured in the meeting between US President Joe Biden and Prime Minister Narendra Modi, in the Capital on Friday night. While India was in constant touch with Russia over the issue, external affairs minister S Jaishankar's meeting with Russian counterpart Sergey Lavrov in Jakarta played an important role, ET has learnt. Over Friday and early Saturday, the Prime Minister held critical talks on the issue with visiting leaders.

Aditya L1 Mission: Aditya-L1, India's first solar mission, has successfully performed the third earth-bound manoeuvre, Indian Space Research Organisation (ISRO) said on Sunday. The new orbit attained by the satellite is 296km x 71767 km. A total of five such orbit manoeuvring will be performed during the satellite's revolution around the Earth of which three have been successfully performed.

Poland’s conservative governing party and the opposition has showered potential voters with promises as the country's political parties revealed their campaign programs before the Oct. 15 parliamentary election

Samajwadi Party is looking at the first coordination committee meeting of the INDIA alliance scheduled to take place in Delhi on September 13 for clarity to emerge on whether the SP and the Congress will also be allying with each other for the Madhya Pradesh assembly election for which the SP has announced seven candidates so far. The SP has announced candidates for Nivari, Rajnagar, Bhander, Mehgaon, Dhauhani, Chitrangi and Sirmaur which mostly fall in the Bundelkhand and Gwalior-Chambal regions of the state which border Uttar Pradesh. In MP, the election is largely expected to be a BJP versus Congress contest. A senior SP leader said there have not been any talks on whether the SP and Congress will also contest the MP state assembly election together but in the Delhi meeting clarity should emerge on the issue.

Daniel Abed Khalife, aged 21, has been apprehended by police just over three days after his daring escape from HMP Wandsworth, where he was found strapped beneath a food delivery van. This marks the conclusion of Khalife's time on the run while awaiting his impending court case. But how did he transform from a British army soldier into Britain's most sought-after fugitive?

U.S. College Football Games Week 1 went smoothly but stretched over five days, Week 2 is more hectic with as many as 80 games packed in the Saturday window. With no extension of the holiday, Saturday will have the most busy schedule. Saturday's premiere match between No. 3 Alabama hosts No. 11 Texas begins at 7 p.m.The action in Tuscaloosa will be followed by a pair of interesting road contests for ranked, future Big Ten rivals, with No. 13 Oregon facing a wounded Texas Tech squad and No. 19 Wisconsin playing Washington State.

Italian Premier Giorgia Meloni has met with Chinese Premier Li Qiang on the sidelines of the G20 summit

Coco Gauff meets Aryna Sabalenka, the No. 2 seed from Belarus in the U.S. Open Women’s Singles final on Saturday. Both will reach the final at Flushing Meadows for the first time, it will be the second Grand Slam final for both of them. Besides, Gauff will be the first teenage American girl to reach the final of the U.S. Open since 2001, when Serena Williams created ripples.

G20 Summit on Saturday reiterated their commitment towards reform of the World Trade Organization (WTO), dispute settlement and that trade and environment policies should be mutually supportive consistent with global trade rules and multilateral environmental agreements. In the New Delhi Leaders’ Declaration, the grouping- which added the African Union as its new permanent member- emphasised on avoiding discriminatory green economic policies. “We renew our commitment to ensure a level-playing field and fair competition by discouraging protectionism and market distorting practices, to foster a favourable trade and investment environment for all,” the bloc said, highlighting its commitment to 'positive outcomes at the WTO’s Thirteenth Ministerial Conference (MC13).' The 37-page declaration has the trade and investment agenda in a subhead titled 'Unlocking Trade for Growth.' “We affirm that a rules-based, non-discriminatory, fair, open, inclusive, equitable, sustainable and transparent multilateral trading system, with WTO at its core, is indispensable,” they said.

U.N. Secretary-General António Guterres has urged the Group of 20 top economic powers to use their weekend summit to send a strong message on climate change

Quordle is a daily word game run by the Merriam-Webster publishing company. It can be played when logged into the Internet. The Quordle puzzle has to be played on your computer, laptop, tablet or smartphone via the word game’s app or the Merriam-Webster website.

Russia said on Saturday it was sticking to its conditions for a return to the Black Sea grain deal which it quit in July. In particular, Kremlin spokesman Dmitry Peskov said Russia needed its state agricultural bank — and not a subsidiary of the bank, as proposed by the United Nations — to be reconnected to the international SWIFT bank payments system. «All our conditions are perfectly well known. They do not need interpretation, they are absolutely concrete and all this is absolutely achievable,» Peskov said. «Therefore Russia maintains its responsible, clear and consistent position, which has been repeatedly voiced by the president.» The Black Sea deal was brokered by Turkey and the United Nations in July 2022 to enable Ukraine to export grain by sea despite the war and help ease a global food crisis. It was accompanied by an agreement to facilitate Russia's own exports of food and fertiliser, which Moscow says has not been fulfilled.

Narendra Modi on Saturday held a bilateral meeting with his Japanese counterpart Fumio Kishida on the first day of the two-day G20 Summit in New Delhi. In a post on X (formerly Twitter), Modi said, «Held productive talks with PM Kishida. We took stock of India-Japan bilateral ties and the ground covered during India's G20 Presidency and Japan's G7 Presidency.

Eknath Shinde-led Shiv Sena on Saturday, months after he was sacked by Rajasthan Chief minister Ashok Gehlot. Gudha joined Shiv Sena in the presence of Maharashtra CM Eknath Shinde in Rajasthan's Jhujhunu. Gudha joined Shiv Sena in the presence of Maharashtra CM Eknath Shinde in Rajasthan's Jhujhunu.

UPI was found recently by the Goa Police. As per the cops, they have uncovered an international sex racket in which clients were made to pay sex workers using UPI! As per the cops, the racket was being remotely managed from Kenya.

Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), one of North America's leading digital asset and bitcoin mining pioneers, has announced further developments regarding its proposed all-stock merger with U.S. Data Mining Group, Inc., also known as US Bitcoin Corp (USBTC). The resulting entity from this merger will be christened «Hut 8 Corp.» and will be based in the U.S.