International Financial News

05.11 / 08:25

markets UPS Digital Strategy Experts PAM International US-based Axiom Space explores using Indian rockets for space mission

Axiom Space is exploring using Indian launch vehicles to support its international space station mission, a senior executive said on Tuesday. Axiom Space is one of the few companies constructing a private space station, intended to eventually replace the International Space Station (ISS), which the U.S. National Aeronautics and Space Administration (NASA) expects to retire around 2030. Pearly Pandya, director of Axiom's international government business, said that while contracts had not been signed yet, the startup was in talks with India's space agency, ISRO, and India's private launch companies to explore the best fit for its missions and to diversify its supply chain.

05.11 / 07:01

markets COST Provident ETF Experts Equality International Buying house by selling equity shares? Here’s how you can claim tax exemption for LTCG on stocks sold

equity mutual funds. Normally, they would have to pay capital gains tax on sale of these which would decrease their money in hand. However, there's a way to save long-term capital gains (LTCG) tax on the sale of equity shares and equity mutual funds. Income tax laws allow individuals to save tax on LTCG from equity shares and equity mutual funds provided the capital gains are used to buy a residential property. Here's how.

05.11 / 07:01

Career Action Remark Pride actress stars International Samantha Ruth Prabhu reflects on ‘past mistakes’ amid Naga Chaitanya-Sobhita wedding preparations

05.11 / 06:47

Manufacturing CEO Airlines Boeing Election Nov International Boeing factory workers vote to accept contract and end more than 7-week strike

A strike by 33,000 Boeing factory workers is coming to an end

05.11 / 05:23

UPS Manufacturing Tesla President reports Investigations International Meet Musk’s fixer, the powerful executive reshaping Tesla

Subscribe to enjoy similar stories. When Tesla’s manufacturing executives gathered in Shanghai this January, some were surprised to see Elon Musk’s long-time aide Omead Afshar in attendance. The forum, hosted by Tesla’s most senior automotive executive, Tom Zhu, was designed to get the company’s global leadership team on the same page about best practices and the rising threat from electric-vehicle makers in China.

05.11 / 04:47

markets FIFA President exclusive Interviews International Sporting China's Hisense aims to become the No. 1 TV company in the U.S. within 2 years, top executive says

BEIJING — Chinese home appliance company Hisense aims to become the No. 1 seller of television sets in the U.S. in about two years, Catherine Fang, president of Hisense International, told CNBC in an exclusive interview Monday.

05.11 / 01:29

security Analysis Trade Experts information reports International Govt steps in to pay interest on MTNL bond

MTNL informed investors that its debt obligations for the upcoming semi-annual interest payment on its 7.80% bond have been made for Series VIII-C (INE153A08170). The funds were transferred into the designated escrow account on November 4, before the November 7 due date.

05.11 / 00:51

markets UPS Digital Entertainment Research Warner Bros International Airline to agri, GCC Inc’s working to the best of its capability

Among those setting up base are QSR companies such as Yum Brands and Starbucks, media and entertainment firms Warner Bros and Discovery, as well as hotels chain Marriott International, energy giant Chevron and smaller firms such as US K-12 education software and content provider Curriculum Associates. Several are turning to tier II destinations, apart from the likes of Bengaluru and Hyderabad, to gain from robust talent pools and lower cost of operations. “Traditionally, India has seen a lot of GCCs in BFSI (banking, financial services & insurance), retail, healthcare and life sciences, manufacturing and automotive industries,” said Vikram Ahuja, founder of ANSR.

04.11 / 20:37

markets Election awards film Experts actress International Babygirl: Nicole Kidman starrer thriller’s trailer, plot, cast, release date and production team

Venice Film Festival, where Kidman won the Best Actress prize.

04.11 / 19:43

markets security Strategy Trade country Department International Hinduja Group needs DPIIT nod, too, for Reliance Capital buy

Hinduja Group received the central bank's approval to acquire the financial services company, but the transaction cannot proceed until it is approved by the Department for Promotion of Industry and Internal Trade (DPIIT). The Hindujas need DPIIT's approval because IIHL (IndusInd International Holdings), the acquisition vehicle, has 600 shareholders from the UAE, Singapore, Hong Kong, and Mauritius, with 39 shareholders residing in Hong Kong, which is classified as a land-border country under PN3 due to its special administrative relationship with China, said a source. This has raised compliance questions under PN3, prompting deeper scrutiny by Indian regulators.

04.11 / 19:43

markets Williams security Election SpaceX Schools International Starliner astronauts to vote from space for US Elections 2024: Here’s how zero gravity voting works

NASA’s longstanding system ensures that even those on the International Space Station (ISS) can perform their civic duty from afar. The astronauts, who anticipated returning to Earth by Election Day, remain aboard the ISS due to an extended mission.

04.11 / 19:43

markets Merit Strategy awards Department recommendations International Government calls applications for RBI Deputy Governor position

Michael Patra at the Reserve Bank of India (RBI). Patra's extended term ends in January. Applicants need to have at least 25 years of work experience in public administration or similar years of experience in Indian or international public financial institutions. Interestingly, no economics degree or experience has been made mandatory though as the head of the crucial monetary policy department, this post oversees the department of statistics, department of economic policy, and research and financial market operations and regulations. Patra has been one of the four deputy governors in the RBI for close to six years. He is on his second one-year extension which will end in January 2025.

04.11 / 18:27

markets Strategy awards DNA country International Royal Enfield unveils The Flying Flea C6: A new era of electric motorcycles

The fully electric motorcycle — available for retail in the spring of 2026 — will be priced at a premium to electric scooters available in the market today. The company is yet to decide on the country in which it will launch the vehicle sometime in the next fiscal year, but said it will be the first of many products which will be introduced under the Flying Flea brand. Siddhartha Lal, Managing Director, Eicher Motors, said, “We believe in this as a starting point of a family, that is going to grow. We are going to keep at it as we go doggedly…keep evolving, keep changing but with this concept and idea in mind." The company will also introduce EVs under Royal Enfield brand, Lal clarified.

04.11 / 18:27

markets UPS Manufacturing performer Schools International Factory activity rebounds in Oct after hitting 8-month low in September

India's manufacturing activity rebounded in October, marking a positive beginning for the third quarter of the current financial year, driven by new orders, international sales and production, according to a private survey released on Monday. The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 57.5 in October from an eight-month low of 56.5 in September. It was 55.5 in October 2023. A reading above 50 indicates expansion, while below that signifies contraction.

04.11 / 17:19

markets Platform CBS Experts show International Yellowstone Season 5 Part 2: Check out premiere date, time, where to watch and episode schedule

Part 2, which premieres November 10, 2024.

04.11 / 10:49

markets Analysis Southern Trade AGRO Updates International Stock market update: Fertilisers stocks down as market falls

Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 2.36%), Paradeep Phosphates Ltd.(up 0.69%), Bohra Industries Ltd.(up 0.52%) and Krishana Phoschem Ltd.(up 0.41%) stood among the top gainers.

04.11 / 10:21

markets Digital Strategy awards Experts PAM International Crystal Crop acquires I&B Seeds to expand vegetable, flower seed business

Agrochemical firm Crystal Crop Protection on Monday said it has acquired Bengaluru-based I&B Seeds as it seeks to strengthen its position in India's vegetable and flower-seed segment. «The deal has been fully executed with shares purchased from two major shareholders. The share transfer was completed last week on the day of Diwali,» Crystal Crop Protection Managing Director Ankur Aggarwal told PTI. The company, however, did not disclose the deal amount. The acquisition was funded through internal accruals and marks Crystal Crop's fifth purchase in the seeds business and twelfth overall.

04.11 / 08:35

UPS CEO Airlines Boeing wellness rights International Boeing machinists are holding a contract vote that could end their 7-week strike

Unionized factory workers at Boeing are voting on Monday whether to accept a contract offer or to continue their strike

04.11 / 08:35

markets Election President War country International The UAE opens its annual oil-and-gas summit at it pledges to increase output even as prices fall

The United Arab Emirates has opened its annual oil-and-gas summit as it pledges to increase energy output even as global prices have fallen

04.11 / 08:31

security economy Election Trade country rights International Investors are betting that Donald Trump will boost the dollar

Subscribe to enjoy similar stories. Political risk—the notion that an election might have a meaningful impact on financial markets—used to be something that was the concern of emerging-market investors. Those in rich countries paid attention to central bankers, rather than politicians.

04.11 / 06:45

Citi Mobile Interface Indus country International Profiles How NRIs can use UPI for instant, no-fee transactions abroad

Non-resident Indians (NRIs) now have a faster, more convenient option than traditional wire transfers to send money to family or make payments in India. The National Payments Corp. of India (NPCI) has extended UPI access to NRIs who hold non-resident external (NRE) or non-resident ordinary (NRO) accounts. This expansion allows NRIs to conduct instant transactions from their smartphones using UPI linked to their international mobile numbers, simplifying financial connections with India.

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