Flushing Financial News

Public Investment Fund is accelerating spending at home, often on obscure startups and projects that it plans to own and operate. Last month, PIF said it would start selling milk from camels and dates grown in the region around the holy city of Medina. Before that, it launched a halal meats exporter and a company aiming to make Saudi coffee globally popular.

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There’s more Asian capital hunting local vitamin and supplements brands.

Banks from four Arab countries are interested in investing in Lebanon’s struggling banking sector, which has been hard-hit by the small nation’s three-year economic meltdown

A Railway Protection Force constable gunned down his senior colleague and three other train passengers on Monday before being nabbed by GRP and RPF. The incident took place on board the moving Jaipur-Mumbai Central Express near Palghar railway station in Maharashtra. And according to his colleague, the accused - Chetan Singh - had complained that he was feeling unwell and appeared to be ‘in no mood to listen’ to his colleagues after being told to complete his shift.

The SEC has filed charges against a registered representative for allegedly stealing more than $2 million from a client and using the proceeds to finance the financial advisor’s personal spending.

New Delhi: The world is flush with funds and with right steps, private capital and investments from pension funds and sovereign wealth funds (SWFs) can be effectively deployed in meeting the green transition of developing nations, G20 Sherpa Amitabh Kant said at a conference in the capital. Speaking at the second day of the G20 conference on ‘a green and sustainable growth agenda for the global economy,’ Kant said that geopolitics should take a backseat at the global economic forum and sustainable development goals should receive primacy at the grouping of nations that accounts for over 80% of the world’s output.

home ministry sources. An analysis of 85-day data reveals that the first spike was seen from May 3-6 in which 59 people were killed, the second was from May 25-31 in which 28 people died and the third was from June 12-29. The ethnic violence has killed nearly 150 people, injured over 500 and displaced more than 50,000. The sources claimed that prices of essential commodities didn’t overshoot because the Centre ensured goods supply and security of highways. The blockades in the past were much severe, the sources said, adding: “In 2011, when the blockade lasted for 123 days, petrol prices had skyrocketed to Rs 200 and LPG cylinders to up to Rs 2,000 in the black market”. After the July 19 viral video, Manipur Police arrested five suspects. The home ministry has ordered a CBI probe into the incident and requested the Supreme Court to transfer the trial of the case outside Manipur.

dairy companies will improve sequentially in FY24, according to rating agency ICRA. A report released by ICRA said that domestic milk supply was impacted in FY2023 due to the incidence of Lumpy Skin Disease (LSD) in cattle and its impact on the milk yields during the flush season, thus resulting in a demand-supply gap as demand remained steady. ICRA expects healthy improvement in milk supply by H2 FY2024 as these factors are likely to ease.

₹779.95 apiece on BSE, the stock hit an intraday high at ₹908.40 and low at ₹774.35. According to the company's exchange filing, its profit after tax (PAT) for the quarter ended in June of fiscal 2024 climbed 40.3% year over year (YoY) to ₹35 crores, and PAT margins increased by 77 basis points YoY to 4.2% in Q1 FY24. Operating Revenues jumped by 14.8% YoY to ₹8,23.4 crore in Q1 FY24 from ₹7,17.0 crore in Q1 FY23.

Flooding is an ecological process that is a characteristic of every monsoon river. It ensures the sustainability of a complex network of ecosystems, such as floodplain, riparian and free-flowing water ecosystems, all of which constitute a river system.

overflowing Yamuna River continue to grapple the national capital on Sunday causing waterlogging, traffic snarls, and affecting the lives of millions of people. Commuters were witnessed pushing their motorcycles through the water. In a tweet, Delhi Police issues a traffic alert on Sunday morning and said that vehicular movement on Bhairon Marg is restricted due to waterlogging under Railway Bridge.

CCHF) virus, which poses a significant public health risk, is spreading across Europe, Africa, and the Middle East, with concerns of its potential impact being exacerbated by climate change. CCHF is primarily transmitted by ticks and carries a fatality rate ranging from 10 to 40 percent. Instances of CCHF have already been reported in Spain and Pakistan, raising concerns about the possibility of its emergence in the United Kingdom. According to James Wood, head of veterinary medicine at Cambridge University, CCHF could eventually make its way to the UK due to the presence of ticks. He noted that the disease is expanding beyond its typical regions and progressing toward countries like Britain and France, largely due to the effects of climate change. Given the urgency of the situation, the government has issued a crucial health advisory regarding CCHF, urging individuals to take preventive measures against ticks. These precautions involve wearing appropriate clothing, such as long sleeves and trousers, when in areas inhabited by ticks, as well as conducting thorough tick checks after outdoor activities.

Champagne is such a Wimbledon problem. Someone got the timing wrong Sunday at the oldest Grand Slam tournament, where the bubbly helps wash down the strawberries and cream. «Ladies and gentlemen, please, if you are opening a bottle of Champagne don't do it as the player is about to serve.

Cocaine discovered at the White House was left in an area frequently used by visitors on tours — and not while President Joe Biden and his family were on the premises, officials said Wednesday. The White House sought to get the highly unusual story under control as details emerged of the drug's discovery Sunday in one of the most carefully guarded buildings in the world.

debt markets for environmentally friendly projects than they are for fossil fuels. Almost $350 billion was raised from green bond sales and loan arrangements in the first half of this year, compared with less than $235 billion of oil, gas and coal-related financing, according to data compiled by Bloomberg. The ratio was roughly $300 billion green versus $315 billion fossil fuels in the same period last year.

It's a new day for retail investors: The CEO of AMC Entertainment has given them a shout-out, offering a direct line to his company and special perks at his theaters. And they rewarded him handsomely by pushing AMC shares up more than 100% in one day to a record high.

Supreme Court of India has undergone a significant transformation, entering the digital age as it reopens after the summer vacation. The courtroom settings of the Chief Justice of India and the two senior-most judges have been completely revamped, bidding farewell to traditional fixtures such as stacks of petitions and volumes of judgments that adorned the walls for over seven decades. Instead, technologically advanced courtrooms equipped with state-of-the-art enhancements are set to welcome lawyers and litigants.

State governments are entering 2023 with record-high reserves, which could help the overall economy weather a recession this year.

State governments are entering 2023 with record-high reserves, which could help the overall economy weather a recession this year.

State governments are entering 2023 with record-high reserves, which could help the overall economy weather a recession this year.