International Financial News

Detective Renée Ballard as she solves cold cases with a small team with meagre funding and is all set to be a must-watch for all crime drama enthusiasts.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

In a major setback toVinesh Phogat, the Court of Arbitration for Sport (CAS) ad hoc division on Wednesday dismissed the appeal filed by Indian wrestler against her disqualification from Olympic Games final. Vinesh Phogat had filed an application for a silver medal in the women's 50kg event at the Paris Olympics after she was disqualified before the final match due to exceeding the 50kg weight limit.The CAS released a statement to render its verdict which read, "The application field by Vinesh Phogat on August 7 has been dismissed."In a statement, IOA President PT Usha expressed "shock and disappointment at the decision of the Sole Arbitrator at the CAS to dismiss wrestler Vinesh Phogat's application against the United World Wrestling (UWW) and the International Olympic Committee (IOC)."Last week, during the weigh-in, Vinesh was found to be 100 grams over the limit.

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

It’s been three years since the Taliban took control of Afghanistan

Golconda Fort in Hyderabad, Chhatrapati Shivaji Terminus in Mumbai, Delhi Secretariat, Bhopal’s Kushabhau Thackeray Convention Center, Mumbai International Airport, Calcutta High Court and Raj Bhavan in Kolkata, and the Brihanmumbai Municipal Corporation headquarters in Mumbai are among the prominent structures that now shimmer with national pride. In Hyderabad, the Golconda Fort, renowned for its architectural beauty, has been meticulously illuminated by Bajaj Electricals. The lighting not only enhances the fort's aesthetic appeal but also honors its historical importance. Several dynasties like the Kakatiyas, Bahmanis, Qutb Shahis, and Mughals have left their architectural imprints on the fort. The fort now stands out even more as a symbol of India's rich heritage and its journey to independence. In Mumbai, the historic Chhatrapati Shivaji Terminus glows with vibrant colored lights. This iconic railway station, a UNESCO World Heritage site, stands as a symbol of the city’s pride and heritage. The introduction of tricolor illumination ahead of Independence Day amplifies its grandeur.

Vinesh Phogat's petition against her disqualification at the Paris Olympics, Indian Olympic Association (IOA) confirmed on Wednesday. IOA President Dr PT Usha has expressed her shock and disappointment at the decision of the Sole Arbitrator at CAS to dismiss Phogat’s application against the United World Wrestling (UWW) and the International Olympic Committee (IOC). The Indian wrester was disqualified by the IOC for weighing 100 grams more than permissible limit moments before her gold medal bout.

Fishing regulators are instituting a new rule that lobster fishermen must abide by stricter minimum sizes for the crustaceans they harvest

Poland has tightened its visa rules for international students. This action comes after Poland's «student visa scandal» that broke out in May. Poland's Foreign Minister, Radoslaw Sikorski, announced a significant change in the country's visa policy, declaring that student visas will no longer be issued to foreigners without high school diplomas. The decision aims to prevent misuse of student visas by individuals seeking to work in the European Union illegally. This move comes after a scandal exposed by the Polish daily Dziennik Gazeta Prawna revealed that some foreign nationals were obtaining student visas despite not meeting university admission requirements in their home countries. These individuals often failed to attend the universities they were registered at, instead using their student visas to work within the Schengen Area.

wheat variety, Pusa Gehun Gaurav, has been developed in such a way that it can be used to make chapatis with better texture and also pasta, capable of satisfying desi as well as foreign palates. The Pusa Gehu Gaurav (HI 8840), was one of the 109 climate-resilient and bio-fortified varieties of crops dedicated to the nation recently by Prime Minister Narendra Modi. Dr Jung Bahadur Singh, Head and Principal Scientist (Plant Breeding) of the Indore-based regional station of the Indian Agricultural Research Institute (IARI), developed Pusa Gaurav. He said flour made from this wheat variety can absorb water better compared to Durum wheat, enabling softer chapatis.

Prataap Snacks Ltd.(up 5.75%), Sheetal Cool Products Ltd.(up 3.80%), LT Foods Ltd.(up 3.00%), Hindustan Foods Ltd.(up 2.36%), Bajaj Consumer Care Ltd.(up 2.30%), Mrs. Bectors Food Specialities Ltd.(up 1.83%), Heritage Foods Ltd.(up 1.53%), Honasa Consumer Ltd.(up 1.09%), Gillette India Ltd.(up 0.99%) and Colgate-Palmolive(India)Ltd.(up 0.33%) stood among the top gainers.

Vistara flight from Delhi made a priority landing here on Wednesday due to a «minor» technical issue, the airline said. The aircraft landed safely and is currently undergoing inspection, it added. «Shortly before landing, a minor technical snag was detected on Vistara flight UK 995 that was operating from Delhi to Mumbai on 14 August 2024,» a Vistara spokesperson said in a statement. As a precautionary step, the pilots requested the Air Traffic Controller for «priority landing», and landed safely at Mumbai's Chhatrapati Shivaji Maharaj International Airport, Vistara said without sharing the number of people on board.

Delhi airport operator DIAL on Wednesday said the new T1 terminal will be operational from August 17, with IndiGo and SpiceJet set to shift a significant part of their domestic operations to the new terminal. Operations at the old T1 were suspended in late June following a roof collapse incident. The new terminal was developed as part of the phase 3A expansion project by the Delhi International Airport Ltd (DIAL). «As per the plan, SpiceJet would shift their 13 flights to Terminal 1 from August 17 and subsequently IndiGo would move back their 34 flights from T2 and T3 to T1, from September 2,» DIAL said in a release.

International students in Singapore can now apply for permanent residency (PR) as soon as they pass at least one national exam, such as the PSLE or GCE ‘N’/’O’/’A’ levels. The Primary School Leaving Examination (PSLE) is an annual national exam taken by students at the end of their final year of primary school education in Singapore. The Singapore-Cambridge General Certificate of Education Advanced Level (GCE A-Level) exam can be taken not only by school students, but also other candidates. Prior to the current change, students had to wait for at least two years after course completion before applying for PR. Additionally, students enrolled in an integrated program are also eligible to apply.

third party vendors by financial institutions. Speaking at a convention organised by the International Association of Deposit Insurers, RBI deputy Governor J Swaminathan called upon banks to exercise caution to guard them against potential vulnerabilities while working with third party vendors. He also called upon deposit insurers to tie insurance premiums to the level of risk posed by individual financial institutions. “The digital transformation in banking has also led to a multitude of distinct third-party entities getting involved in the provision of a single product or service, creating a complex web of technical and operational dependencies,” said J Swaminathan, DG, RBI. “The impact of failure in any link in this chain can often be catastrophic as was seen in a global IT services outage incident last month. Third parties could be points of intrusion for ransomware and other cyber threats.” Last month, C-edge Technologies a third party IT vendor jointly owned by Tata Consultancy Services and State Bank of India faced a

Union budget, for example: the Indian government announced incentives to boost maintenance, repair, and overhaul (MRO) activities in the aviation and shipping sectors. While we’ve previously detailed how companies in the ship-repairing sector stand to benefit—leading to some stocks doubling in value—the aviation sector’s MRO industry hasn’t garnered the same level of attention. India’s aviation industry is soaring, driven by increasing demand for air travel, expanding fleet sizes, and a growing focus on regional connectivity.

Samvardhana Motherson International (SAMIL) surged 4.5% to day’s high of Rs 188.75 on BSE after reporting a 65% year-on-year (YoY) jump in consolidated net profit to Rs 994 crore for the June quarter of FY25. The company's revenue increased by 29% YoY to Rs 28,868 crore for the period under review, compared to Rs 22,462 crore in the same quarter of FY24.

ISSDA) on Tuesday signed an MoU to promote exports by MSME members. The two organisations will collaborate to identify potential export products and organise trade exhibitions, buyer-seller meets, and economic summits, an EEPC statement said. The agreement also aims to facilitate the exchange of trade information and encourage international investment through joint ventures and technical collaborations. The MoU was signed by EEPC India's Executive Director Adhip Mitra and ISSDA's Executive Director Rohit Kumar. ISSDA President Rajamani Krishnamurti and other EEPC India's senior officials were also present.