International Financial News

Subscribe to enjoy similar stories. We live in a world where ‘Google’ is a verb," says Minal Vazirani, president and co-founder, Saffronart, an online art marketplace and auction house. Today browsing for objects and products, including art, online and having them shipped anywhere in the world seems commonplace, almost instinctive.

humanitarian assistance sent by India to Lebanon. Lebanon's Health Minister Firas Abiad received the consignment of medicines. Indian Embassy in Lebanon expressed India's commitment to strengthening close ties with Lebanon. In a post on X, the Indian Embassy in Lebanon stated, «First tranche of India's humanitarian assistance arrives in Beirut. Lebanon's Health Minister HE Dr Firas Abiad received the consignment of medicines in the presence of Amb @NoorRahman_IFS. India stands committed to strengthening close ties with Lebanon.»

Justin Trudeau said on Thursday that he will lead his Liberal Party into the next election even after two dozen of his Members of Parliament called on him to step aside, Canada-based Global News reported. One member of his caucus has termed Trudeau's announcement «disappointing.» Speaking to reporters, the Canadian PM said, «We're going to continue to have great conversations about what is the best way to take on Pierre Poilievre in the next election,» Global News reported. He further said, «But that will happen with me as leader going into the next election.»

Subscribe to enjoy similar stories. Every Friday, Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. The order books of India’s top information technology (IT) companies have shrunk in the first half, while the International Monetary Fund (IMF) has given the US a positive outlook.

The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday

Boeing factory workers have voted against the company’s latest contract offer and will remain on the picket lines six weeks into a strike that has stopped production of the aerospace giant’s bestselling jetliners

standard operating procedure (SOP) document for negotiating free trade agreements (FTAs) is expected to be ready by the end of this year, an official said on Thursday. The official said that it is an internal document which aims to standardise the processes of negotiations of these pacts. The commerce ministry is formulating the document and it would seek «guidance» from higher authorities also on this for any changes if required. It has been circulated informally to 17 ministries, including agriculture, labour and environment, for their views as FTA negotiation is a multi-ministerial exercise.

Also read | Nvidia’s partnership with Reliance, Tatas to boost India’s AI infrastructureHuang said that computer hardware technology today has reached its limit in terms of how many transistors can be crammed into a chip, and by extension how powerful processors can be.“We can no longer afford to do nothing in software and expect to improve computing experience," he said. “We started our company to improve software."Nvidia makes high-end graphics processing units (GPU) that coupled with the firm’s CUDA software handle multiple simpler tasks simultaneously rather than handling complex calculations that conventional processors do.

World's Best School Prizes 2024. Ryan International School in Delhi, CM RISE School Vinoba in Ratlam, and Kalvi International Public School in Madurai were each honored with awards. CM RISE School Vinoba received the prize in the Innovation category. Ryan International School won the Environmental Action category. Kalvi International Public School received the Community Choice Award after securing the most public votes among 50 shortlisted schools. The awards are presented by T4 Education, a London-based organization, in collaboration with Accenture, American Express, and the Lemann Foundation. Jill Huntley from Accenture praised the winners, saying, “Your innovative solutions will inspire countless others across the world to take the action necessary to safeguard the future of our planet.”

By Wendell Cox

Canada will take the rare step of reducing its annual immigration targets on Thursday, according to a government source.

Subscribe to enjoy similar stories. Afcons Infrastructure Ltd, the flagship company of the Shapoorji Pallonji Group specializing in infrastructure, engineering, and construction, is set to launch its much-anticipated initial public offering (IPO) on Friday. Afcons, known for executing large-scale engineering, procurement, and construction (EPC) projects both domestically and internationally, aims to raise ₹5,430 crore, including a fresh issue of ₹1,250 crore, with shares priced between ₹440 and ₹463 apiece.

Subscribe to enjoy similar stories. Eighty years ago world leaders meeting in Bretton Woods, N.H., created the International Monetary Fund to prevent the sorts of economic imbalances that had brought on the Great Depression. Today, imbalances once again threaten global harmony.

Deep Blue Aerospace, will begin selling tickets on Thursday for a commercial spaceflight scheduled for 2027. The tickets will be available during a livestream shopping event hosted by the company's founder, Huo Liang. Each ticket costs 1.5 million yuan (approximately $211,000) and offers passengers a chance to experience five minutes of zero gravity. Customers can secure their tickets by paying a 50,000 yuan deposit. Deep Blue Aerospace aims to lead China's growing commercial space industry, which Beijing hopes will compete with international rivals like SpaceX. In 2023, China conducted 26 commercial launches, including the successful launch of LandSpace's Zhuque-2 rocket, the first methane-fueled rocket in the world. Deep Blue Aerospace is focused on developing reusable rocket technology to lower costs. The planned mission in 2027 will be a suborbital flight, meaning passengers will reach space without entering orbit. The entire space experience is expected to last around 12 minutes.

At record index levels and indeed across market cycles, most investors tend to focus entirely on the returns that an investment could generate. The underlying risk in achieving a specific return is often ignored.

Subscribe to enjoy similar stories. They say interest is dearer than the principal. Grandparents tend to dote on grandchildren more than their own.

Subscribe to enjoy similar stories. Since the war in Gaza started over ten months ago, Israel and Hizbullah, an Iran-backed militant group in Lebanon, have exchanged almost daily rocket fire. As part of its response, Israel has been scrambling gps signals across the border region.

New Delhi: In a major step towards enhancing collaboration and digital adoption at incubation centres, the Indian STEPs and Business Incubators Association (ISBA) announced a strategic partnership with SanchiConnect at the 16th edition of ISBACON 2024, India’s premier conference for startup incubators. The conference attracted over 300 participants from incubators across India, government bodies, and international associations such as AABI (The Asian Association of Business Incubators), Thai-BISPA, the British High Commission, and the German Centre for Research & Innovation.

The initial public offering (IPO) of Afcons Infrastructure will open for subscription on October 25. The issue closes on October 29. Through the public offer, the company plans to raise nearly Rs 5430 crore. Here are 10 things to know about the Afcons Infrastructure IPO before subscribing to the issue.

Speaking to her fellow finance ministers at the International Monetary Fund's annual meetings in Washington D.C, Reeves will stress that the upcoming Budget will be «built on the rock of economic stability», as she sets about making the case for Britain as «a strong and credible international partner».  Labour's first Budget since 2010 will «invest in the foundations of future growth», through borrowing to invest while maintaining fiscal prudence, according to the chancellor.  'It is not free money': Bond market warns Reeves to tread carefully with Budget borrowing plans To facilit...

Boeing factory workers voted to reject a contract offer and continue a more than five-week strike on Wednesday, in a blow to investor and management hopes of a resolution to the acrimonious dispute. The vote was 64% in opposition to the deal, which offered a 35% rise in wages over four years. The union vote to push Boeing for better terms reflects years of resentment from workers who felt cheated by the company in talks a decade ago and deepens a financial crisis.