International Financial News

Subscribe to enjoy similar stories. Gold is heavy. Moving it is an onerous task.

Subscribe to enjoy similar stories. NEW DELHI : India's anti-trust regulator has set up an internal committee to recommend a set of norms on ‘conflict of interest’ for officials, according to two persons aware of the development. Once the draft regulations are ready, the Competition Commission of India (CCI) is likely to seek public comments before implementing it, one of the persons said on the condition of anonymity.

Shares of Super Micro Computer plunged more than 30% by midday Wednesday, after the server maker disclosed that Ernst & Young had resigned as its public accounting firm

The two, brothers of Kurdish origin, each had four fingers on their right hands amputated by a guillotine machine at the prison in the city of Urmia in northwest Iran on Tuesday, the reports said. They were then transferred to hospital for medical care, the reports added.

Ryan Reynolds and Rob McElhenney have bought another piece of Wrexham — its brewery

This was not the King's first visit to the 'SOUKYA', International Holistic Centre at Samethanahalli. He celebrated his 71st birthday here in 2019. It is run by Dr Issac Mathai, who is among the few individuals from India invited to attend his coronation as the UK's King on May 6 last year. «The couple underwent therapeutic yoga, enjoyed a strictly vegetarian diet with eggs. They underwent rejuvenative treatment, which also included meditation and therapies,» an official at the facility said. «The King received wellness treatment, including Ayurveda, Homeopathy and Naturopathy.»

Lioness Season 2 continues on Paramount Plus. Episode 3 will arrive soon. Fans of the series can expect new developments in Joe’s mission as she works to bring down the Los Tigres cartel.

Subscribe to enjoy similar stories. Starbucks is stepping up efforts to enforce its return-to-office mandate with a warning: Comply with the policy or risk termination. The company will be instituting an “accountability process" in January to ensure corporate employees comply with requirements to work in the office three days a week, according to an internal message obtained by The Wall Street Journal.

The profit figure was slightly higher than ET NOW poll estimates of Rs 3,335 crore.

Check out the product below:The Z4 is a heavy-hitter. From the get-go, you'll notice its futuristic design and the display. The power station is encased in a modern design language and its transparent front panel allows for a glimpse of the internal components, which makes it stand out.

Gautam Adani is exploring investment opportunities in Bhutan's Gelephu Mindfulness City, a new urban project aimed at transforming the southern region of the Himalayan kingdom into a thriving economic hub. Gelephu Governor Lotay Tshering told Bloomberg, Bhutan is engaging with the Adani Group, led by Asia's second-richest individual, to develop solar and hydroelectric plants within this ambitious 1,000-square-kilometer township near the Indian border. Bhutan’s investment initiative underscores its long-standing alliance with India, which views Bhutan’s growth as strategic for countering China’s influence in the region. This partnership offers Adani Group a chance to bolster its green energy portfolio, aligning with its existing international projects across Israel, Kenya, Sri Lanka, Bangladesh, and Vietnam. Governor Tshering, who served as Bhutan’s Prime Minister until 2023, revealed that hundreds of sites have been identified for renewable energy projects in the Gelephu area. With an estimated capacity addition of 20 gigawatts, the project aims to establish a sustainable energy network. This includes planned contracts for constructing roads, bridges, and facilities that could attract investors from across Asia.

Reasons to buyReasons to avoidThe Rucksack Travel Backpack is designed for adventure seekers. With a spacious main compartment and multiple pockets, it's perfect for trekking and outdoor activities. The backpack is made from high-quality materials and features a padded back panel for added comfort.Reasons to buyReasons to avoidThe Aristocrat Cadet Polyester Travel Duffle Bag is a stylish and functional option for travelers.

external assets grew faster than its liabilities between June 2023 and June 2024, according to the latest report from the Reserve Bank of India (RBI). The report, which provides details on India's International Investment Position (IIP) as of the end of June 2024, revealed that India's external assets increased by USD 108.4 billion over the year, while external liabilities rose by USD 97.7 billion. It said «During the period between end-June 2023 and end-June 2024, the external assets increased by USD 108.4 billion and external liabilities increased by USD 97.7 billion».

An electrical system malfunctioned, the autopilot quit and some radio communications were disrupted aboard a Frontier Airlines plane before the pilots made a fiery but safe emergency landing in Las Vegas earlier this month

A French delegation visiting Morocco with President Emmanuel Macron has unveiled investment plans in the disputed Western Sahara as part of a broader suite of agreements and partnerships between the two countries

According to RBI’s latest foreign exchange reserves report, the central bank held 855 tonnes of gold as of the end of September, with over half, or 510.5 tonnes, now stored domestically. This development reflects a broader, ongoing effort by RBI and the Indian government to protect the nation’s gold reserves from potential risks abroad. Since September 2022, RBI has quietly brought back 214 tonnes of gold, driven by the need to safeguard holdings amid growing geopolitical uncertainties. Many officials within the government believe that housing gold in India is a safer approach during these uncertain times. In a carefully planned secret mission involving special flights and heightened security to move gold, RBI and government officials worked to ensure that information about the gold transfers did not leak out. The shipments required exemption from certain tax levies to facilitate the smooth movement of gold. Though the government is open to future shipments, officials indicate that no additional large-scale repatriations are planned for this year, ToI reported.

Adani Enterprises shares are in focus on Wednesday after the firm reported a 664% year-on-year (YoY) jump in its consolidated net profit for the September quarter, reaching Rs 1,742 crore, compared to Rs 228 crore reported in the same period last year. The company's revenue from operations stood at Rs 22,608 crore in the reported quarter, which represents a 16% increase compared to Rs 19,546 crore in the corresponding quarter of the previous financial year.

Subscribe to enjoy similar stories. Iran’s “axis of resistance" has suffered a series of blows delivered by Israel over the past month, including operations targeting the leadership of Hamas in Gaza and Hezbollah, and a strike last week on Iran’s missile-making facilities used, in part, to supply the groups. That hasn’t stopped Yemen’s Houthis from targeting more ships this week in the Red Sea with drones and missiles, the latest demonstration of how an escalating regional war appears to be boosting a once minor Iran-backed player in the region.

Subscribe to enjoy similar stories. The Union government is reportedly planning to conduct India’s much-delayed decadal census exercise in 2025 and complete it the year after.

Systematic Investment Plan (SIP) is a popular tool for investing in mutual funds and building a long-term corpus. Data from the Association of Mutual Funds in India (AMFI) show that investors register SIPs of Rs 25,000 crore every month, reflecting rising interest in mutual funds. WHAT IS A SIP? SIP is an investment option offered by all mutual fund houses, which enables an investor to put in a fixed amount of money at predefined intervals in a chosen mutual fund scheme. SIPs are offered in all fund categories — equity, hybrid, gold, international fund of funds or a debt fund. Many fund houses accept amounts as low as Rs 500. SIPs automate investing and help deploy money regularly into equities and debt without worrying about the ups and downs of the market. In the long run, investors stand to benefit due to rupee cost averaging and the power of compounding.

Dave Bautista, Steven Yeun and Zoë Kravitz will star in Alpha Gang. It is a new alien invasion comedy from the Zellner brothers, known for their work on Sasquatch Sunset. The film is being marketed at the American Film Market (AFM).