International Financial News

Kazakhstan’s commitment to progress, urging the nation to look beyond provocations and rely on the rule of law in his Monday’s 2 state-of-the-nation address, “Law and order must reign in our society. This is a fundamental condition for ensuring both public and individual security. Only by adhering to this principle can we build a Just, Clean, and Safe Kazakhstan,” he said. Tokayev emphasized the need for a peaceful and balanced foreign policy, stressing that diplomacy is essential in strengthening Kazakhstan’s sovereignty, protecting the rights of its citizens abroad, promoting national interests and attracting investment.

Orkla India, which owns MTR and Eastern spices, has started initial talks with bankers to raise around $300 million (about ₹2,500 crore) by selling 10-15% stake through an initial public offering (IPO), at a valuation of around $2 billion, said people familiar with the matter. The company is in the process of hiring bankers, and the listing could happen between June and November 2025, they said.

Oil activities on the shores of Uganda’s Lake Albert have triggered widespread suffering among locals facing forced displacement and other violent abuses, a U.S. climate watchdog said Monday

airlines, hotels and cruises reporting double-digit growth and travellers using their savings, taking on debt or even selling their homes to splurge on bucket list adventures or multiple trips. Now, at least for some travellers, that furious vacation spending is slowing down. While high-income travellers are still booking luxury experiences and jet-setting abroad, other consumers have been cutting back on travel spending to meet the high cost of living. Data from Tourism Economics (on behalf of the US Travel Association, a travel group) shows that the meteoric rise in post-pandemic travel spending that began in 2021 has reached a plateau. In earnings calls this month, top hotel chains such as Hilton and Hyatt reported less demand by leisure travellers for lower-priced brands, while online travel agencies, such as Expedia Group and Booking Holdings, and short-term rental companies such as Airbnb also noted slowdowns.

The U.K. government says it's suspending exports of some weapons to Israel because they could be used to break international law

Israel because there is a risk such equipment might be used to commit serious violations of international humanitarian law, foreign minister David Lammy said on Monday. Lammy said the decision to suspend the licences did not amount to a blanket ban or an arms embargo, but only involved those that could be used in the conflict between Israel and Hamas in the Palestinian enclave of Gaza. Soon after the Labour Party won an election in July, Lammy said he would update a review on arms sales to Britain's ally Israel to ensure these complied with international law.

Travel spending among American households continues to outpace its pre-pandemic levels, a trend underpinned by a zeal for international trips, according to new Bank of America research.

Shares of Balkrishna Industries Ltd.(up 2.33 per cent), Hero MotoCorp Ltd.(up 2.26 per cent), Bajaj Auto Ltd.(up 2.16 per cent), Apollo Tyres Ltd.(up 1.31 per cent) and Maruti Suzuki India Ltd.(up 0.2 per cent) ended the day as top gainers in the pack.

Realty developer Omaxe Group has lined up Rs 2,500 crore to develop a sport centric project in Delhi’s Dwarka, company’s managing director Mohit Goel told ET. The project will include a cricket stadium in addition to retail and hospitality development. It has won the bid to develop 50.40-acres of land from the Delhi Development Authority (DDA). Omaxe will pay Rs 18 crore to the authorities every year for the next 30 years.

A rare call for a general strike in Israel to protest the failure to return hostages held in Gaza led to closures and other disruptions around the country, including at its main international airport

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

₹300 crore, as per current reports on shareholdings, he is often referred to as the ‘Nawab of Dalal Street.’ Damani is bullish on India and believes the next 20 years will be better than the previous 20 years, for both the country’s economy and stock markets. In a recent media interview, Damani said he is not a large-cap or small-cap investor, that he is agnostic to the market capitalisation of stocks. But he always wants to buy value.

Wealth management in India is experiencing rapid expansion, becoming one of the fastest-growing sectors within the financial services industry. This growth is fuelled by the country's robust economic development and a rising number of ultra-high-net-worth individuals (UHNWIs) and high-net-worth individuals (HNWIs).

Tata Motors is all set to introduce its latest model, the Curvv, in both electric and internal combustion engine (ICE) variants. The pricing for the ICE version will be disclosed on September 2, 2024.

Taiwan President Lai Ching-te said in an interview with Taiwanese media. China views democratically governed Taiwan as its own territory and has never renounced the use of force to bring the island under its control. Taiwan's government rejects those claims, saying only the island's people can decide their future. Speaking in an interview with a Taiwanese television station broadcast late on Sunday, Lai, who China calls a «separatist», brought up the 1858 Treaty of Aigun in which China signed over a vast tract of land in what is now Russia's far east to the Russian empire, forming much of the present day border along the Amur River.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

«This is the first time independent India has seen such impetus or focus on developing infrastructure, both from the government and the private sector, such as road network, improvement of stations, world class airports, sports stadiums, convention centers,» said Mandeep Lamba, president and CEO, South Asia, HVS Anarock, while moderating the session. Tourism in India grew 300% YoY in 2023, said MakeMyTrip executive officer Rajesh Magow. «We have to create awareness and change the perception of the country, because people (tourists) also worry about security and safety.» Tourism in India is only at 85% of what it was in 2019 before the Covid pandemic hit, he said.

northern India. Air pollution is back on the agenda. Last week, the Supreme Court criticised air pollution boards of Delhi/NCR, Punjab and Haryana for being 'ineffective' due to inadequate staffing.

IndiGo on Sunday started its daily flight services to Jaffna in Sri Lanka from Chennai. Jaffna is the airline's second destination in the island nation after capital city Colombo and 34th international destination, IndiGo said. The new daily direct flights from Chennai to Jaffna cut down the travel time to the city from Chennai to 75 minutes, IndiGo said. IndiGo operates over 2,000 flights to 122 destinations including domestic and overseas.

Lenders to debt-ridden Reliance Capital Ltd (RCAP) have alleged that Hinduja Group firm IIHL is indulging in delaying tactics, resulting in slowdown in implementation of the resolution plan. Mauritius-based IndusInd International Holdings Ltd (IIHL) emerged as a successful bidder for acquisition of Reliance Capital. The NCLT Mumbai on February 27, 2024, approved IIHL's Rs 9,861-crore resolution plan for the debt-ridden financial firm. According to sources, lenders claimed that IIHL's move to seek approval from the Department of Industrial Policy and Promotion (DIPP) is an afterthought.

iPhone slips from your hand, taking an unplanned dip in the ocean. Or maybe you're belting out tunes in the shower when your iPhone decides it wants to join in on the fun—only to get splashed by more than just your voice. We've all heard those old Indian «jugaad» tricks—like putting your phone in rice or shaking it like a tambourine to get the water out. But when it comes to your iPhone, it's time to let those hacks go and follow the pros at Apple for a safer recovery.