Gap Financial News

death, is a problem with a solution. But death, it seems, is a fate that one cannot do much about. Until now.

NEW DELHI : At a time when Iraq has emerged as a major supplier of crude oil to India, the Centre is looking at resuming operations of state-run ONGC Videsh Ltd’s (OVL) hydrocarbon exploration block in Iraq, which has been under force majeure since 2003, said two people with knowledge of the development. One of the persons said Indian energy companies may look at investing in oil and gas assets in the West Asian country. “Several aspects would be considered for resumption of operations at the stalled project and investments, including the security situation.

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Union Minister of Housing and Urban Affairs Hardeep Puri has put forward nine key ideas around which the future of urban planning and governance needs to be conceptualised. Addressing the 'National Conclave on Urban Planning' held here in the national capital, Minister Puri said it is important to shift from just regulation to facilitation as the system needs to get rid of the mindset of imposing norms and rules.

Asset managers are keen to engage with the growing clout of independent and hybrid RIAs and will ensure that they provide the right resources in return.

When EPS member dies before reaching 58 years of age Even when a member is eligible for pension after completing 10 years of service, the pension starts only after retirement. This is typically the age of 58 if the member is alive.

By Amanda Cooper

Gold rate today: Following US dollar index slide to 15-month low on easing US inflation, gold price today ascended in early morning deals in Asian and Indian markets. Gold future contract for August 2023 expiry on Multi Commodity Exchange (MCX), yellow metal opened higher at ₹59,230 per 10 gm levels and went on to hit intraday high of ₹59,288 per 10 gm within few minutes of commodity market's opening. In international market, oscillating around $1,955 per ounce levels.

Banks and other financial institutions like to make a big deal about their environmental efforts through their ESG teams, but that doesn't mean they're climatically benign. Their engineering teams are generating big emissions merely through the code they write. 

The union government on Wednesday restricted imports of certain gold jewellery and articles amid swelling trade deficit.  As per the directorate general of foreign trade (DGFT) notification an importer would need a permission of licence from the government for importing these gold products. Trade gap had hit 5-month high in May as exports dropped 10% in May amid slowing demand from western countries.  However, DGFT said that the restrictions will not be imposed imports under the India-UAE free trade agreement.

ethnic violence between Hindu Meiteis and Christian Kukis in Manipur. Yet, the N Biren Singh-led government has failed to restore peace. The unrest was sparked by a March 27 state court ruling that gave the majority Meiteis 'tribal status', giving them the same economic and quota benefits as the minority Kukis.

(Bloomberg) — The Bank of Canada raised interest rates for a second straight meeting, pushing back the timeline for inflation’s return to target while revising growth upward.

funding, led by Iron Pillar. Other participating investors included Iora Health founder and former CEO Dr Rushika Fernandopulle, National Quality Forum former president and CEO Dr Christine Cassel, Aetna former board member Dr Molly Coye, Cigna former chief growth officer Sridhar Krishnan, and Perot Jain managing partner Anurag Jain. The capital infusion will be used to continue scaling the San Francisco- and Pune-headquartered startup's platform and hire talent.

Gujarat government is holding talks with Foxconn over a semiconductor plant, a top government official told Reuters, days after the Taiwanese giant broke off a $19.5 billion joint-venture plan with India's Vedanta. «We are in touch with multiple prospective investors, including Foxconn… Gujarat is uniquely positioned to attract top chipmakers,» said Vijay Nehra, secretary of the science and technology department in Gujarat. Foxconn this week exited its project with Vedanta, which was also planned for Prime Minister Narendra Modi's home state of Gujarat, citing issues such as slow progress.

Arsenal are trying to sign Bitello. They have sent a representative to Brazil with an offer of GBP 10 million. Though the Gunners have almost sealed a deal with West Ham to take Declan Rice for GBP 105 million, they want to fill the gap created by the exit of Granit Xhaka, who has signed a GBP 21.5 million deal with Bayer Leverkusen. Arsenal have kept an eye on Bitello’s performance in the season and they will now have a close watch on the match between Gremio and Bahia on Wednesday. All eyes are set on Gremio which own 70 percent rights of Bitello and want GBP 10 million as the transfer fee. Bitello’s former club FC Cascave own the remaining 30 percent rights of the player and they play in the fourth tier in Brazil. Bitello is yet to play for the Brazilian National Team, he has excelled in centre forward, but he can play anywhere in the midfield. He scored seven goals and assisted in three other goals in his 33 appearances for Gremio this season. He will continue to play for the rest of this season even if Gremio sign a deal for his transfer. Arsenal are also holding talks with Ajax to sign a deal for the transfer of Jurrien Timber for GBP 40 million.

Apple iPhone manufacturer Foxconn has announced it is backing out of a $19.5 billion semiconductor joint venture with Indian mining conglomerate Vedanta Ltd

Italian luxury brand Bulgari is the latest international brand to apologize to China after listing Taiwan as a country on its website

Continuing Education Center (CEC) of the Indian Institute of Technology (IIT) Roorkee, has collaborated with Imarticus Learning, a professional education company to announce the launch of its Certification Programme in Human Resource Management and Analytics. This programme aims to revolutionise HR management practices by leveraging data-driven decision-making techniques, an official release said.

Santos chief executive Kevin Gallagher says a much-touted net-zero emissions report produced by the International Energy Agency had slowed down the transition away from fossil fuels by giving activists ammunition to campaign against gas developments that would help with decarbonisation.

India's Vedanta has lined up partners for its semiconductor manufacturing venture in the country, group chairman Anil Agarwal said on Wednesday, days after its joint-venture partner Foxconn pulled out of the chipmaking project. Foxconn withdrew from a $19.5 billion semiconductor joint venture with the metals-to-oil conglomerate earlier this week.

Reuters. Though the resolution was opposed by the United States and the European Union who opined that it would conflict with their view on human rights and freedom of expression.