International Financial News

Budget 2024 Expectations Live Updates: Prime Minister Narendra Modi is scheduled to meet with distinguished economists on Thursday to gather their perspectives and recommendations for the upcoming fiscal year. This meeting, which will also include Niti Aayog Vice Chairman Suman Bery and other key members, aims to influence the first major economic policy of Modi’s third term.

The issue of Tibet is back onto the international centre-stage with the visit of a seven-member US Congressional delegation to Dharamshala, Himachal Pradesh, this month to meet the Dalai Lama and members of the Tibetan government-in-exile. During the visit, former US House Speaker Nancy Pelosi lashed out at Chinese President Xi Jinping saying that the Dalai Lama’s contribution will live on in perpetuity while Xi Jinping will fade into obscurity.

Telus Corp. has informed around 150 call centre employees based in Ontario they must relocate by October, apply for another role or agree to be laid off.

3B rocket malfunctioned shortly after launch on its maiden mission in 1996, China's space industry suffered a serious blow. A big fireball and much damage were caused when the rocket went off course and fell into the nearby village of Mayelin. While US defense authorities believed the death toll to be in the hundreds, official reports stated there were six casualties. As a result of this catastrophe, US space industries withdrew from their partnerships with China, which led to the implementation of strict export regulations that are still in place today, as per reports of 'Yahoo News'.

NASA has issued a warning regarding asteroid 2024 MT1, a significant celestial object hurtling towards Earth at an astonishing speed of 65,215 km/h. Measuring approximately 260 feet in diameter, equivalent to the size of the Statue of Liberty, this asteroid was first identified by NASA's Near-Earth Object Observations Program. This program utilizes a network of ground-based telescopes and radar systems to monitor and characterize asteroids and comets that approach Earth. Monitoring and Predictions Despite concerns raised by the discovery of asteroid 2024 MT1 due to its size and velocity, NASA has reassured the public that there is no immediate danger of a collision with Earth. The trajectory of the asteroid is closely monitored by NASA's Jet Propulsion Laboratory (JPL) in Pasadena, California.

Rishi Sunak's campaign to remain Britain's prime minister showed a lack of political touch. The Conservative Party's problems were grave before Friday's resounding election defeat but missteps by Britain's richest prime minister contributed to its defeat. Predecessors such as Tony Blair and Boris Johnson were more politically astute and able to connect with voters. As for Sunak, he didn't have to call the election until Jan. 2025. He defied political advice by doing so in May — with Conservative support dwindling steadily amid an economic slump, ethics scandals and a revolving door of leaders over the last two years — and announced the July 4 date in the pouring rain.

Air India flight, the pilot made special announcements to thank the Indian cricket team for ending the long wait for a World Cup victory. Acknowledgment was also given to head coach Rahul Dravid, who will no longer be part of the Indian dressing room.India Today reported that Indian players, their families, and support staff were accommodated in business class.

MS Dhoni, who led Team India to three major ICC trophies, turned 43 on Sunday. Dhoni needs no introduction in the world of cricket and is famous for his calm and stunning captaincy skills on the field in his international and IPL days. On August 15, 2020, Dhoni announced his retirement from all forms of cricket, bringing down the curtains on an illustrious career. Under Dhoni's leadership, India bagged the top prize in all formats. Under his captaincy, India lead in the Test ranking for 18 months starting December 2009. The side went on to win the 50-over World Cup in 2011, and the T20 world title on his captaincy debut in 2007.

India vs Zimbabwe Live Score Updates: A young side, India, will take on Zimbabwe in the first match of the Sports 5 T20I series at the Harare Sports Club on Saturday. Notably, this will be the first time the Men in Blue have played in Zimbabwe since 2016.The Zimbabwe series has taken on new significance following the T20 World Cup victory and the subsequent retirements of Virat Kohli, Rohit Sharma and Ravindra Jadeja from T20 cricket. With fresh blood in the side, the Men in Blue will be looking to continue their winning ways.Zimbabwe, on the other hand, come into this series having lost their last series against Bangladesh 4-1 in May.

The Beastie Boys are suing the parent company of Chili’s in a case that accuses the chain restaurant of running an advertisement that used the hip-hop trio’s smash hit “Sabotage” without permission

The ratings and research agency took the decision to remove the fund and its ‘Responsible A' rating after its assets under management fell under £100m, triggering the internal review. Hargreaves Lansdown previously removed the FSSA fund from its own Wealth Shortlist as well, also on the grounds of AUM concerns. Hargreaves Lansdown removes FSSA Japan Focus At the time, HL lead investment analyst Kate Marshall said the vehicle may no longer be «commercially viable» for the business, and voiced concerns about the «risks this poses to investors». Elsewhere in the monthly ratings rev...

In a London Stock Exchange notice issued today (4 July), the company said Denny's appointment was effective immediately. Denny worked at Fidelity for 16 years, originally starting in the firm's retail platform business as a customer services associate before being promoted up the ranks. Apax Global Alpha launches €30m share buyback as part of newly created distribution pool He left the firm to join Pantheon Ventures in October 2022 as a managing director of the European private wealth team, a role he departed after just over a year in February 2024 to join Nurole as head of investm...

air turbulence, more than 30 people have been injured after their flight which was flying over the Atlantic, got caught in an air turbulence. The flight is operated by Air Europa and it was flying from Spain to Uruguay. The injured are being treated in a hospital. Many of the passengers took to social media to share videos of the incident. It has been reported that the turbulence sent many passengers flying out of their seats while one passenger was seen struck on an overhead bin. The man’s feet were seen dangling out of the overhead bin.

CMF Phone 1's rear camera module. The phone will feature a dual rear camera system housed within a vertical, pill-shaped module located at the top left corner of the back panel. Each of the two sensors is set in separate circular units arranged vertically within this module.

IndusInd International Holdings (IIHL) plans to borrow ₹ 4,300 crore for the Reliance Capital acquisition through a non-convertible debenture (NCD) issue. Reliance Capital is currently undergoing the corporate insolvency resolution process, with Nageswara Rao Y appointed as administrator by the Reserve Bank of India under the provisions of the Insolvency and Bankruptcy Code, 2016, following an NCLT Mumbai bench order of December 2021.

A judge has acquitted 28 people accused of money laundering in an international case known as the Panama Papers

Galaxy Buds 3 series is the integration of Galaxy AI, enhancing communication capabilities. Users can enable the Interpreter feature in Listening mode on the Samsung Galaxy Z Fold 6 or Galaxy Flip 6, facilitating real-time translations during lectures directly through the earbuds.

ESG has become one of the most divisive topics in investing and not just in the US, according to new research.

Kazakhstan, which will host the SCO Summit this week, will be hosting a series of international meets this year including ‘World Nomadic Games’ to celebrate local and unique traditions. “Under the leadership of President Tokayev, the country will continue a constructive and balanced foreign policy, taking into account the national interests of the country. In 2024, our country will host a number of representative summits and forums. Kazakhstan will chair several authoritative international organizations at once, including the Shanghai Cooperation Organization (SCO), the Collective Security Treaty Organisation, the Conference on Interaction and Confidence-Building Measures in Asia, the Organisation of Turkic States, the International Fund for Saving the Aral Sea, and the Islamic Food Security Organisation,” Kazakh Ambassador to India Nurlan Zhalgasbayev told ET. A significant event will be the hosting of the World Nomadic Games in Kazakhstan. They are important both for promoting national sports and a healthy lifestyle and for expanding cultural and humanitarian ties between fraternal peoples, heirs of the nomadic civilization of the Great Steppe, according to Zhalgasbayev.

inflation data when it is issued on Friday. Inflation for the month is likely to rise 5% year-on-year, higher than the trend expected earlier in the month, according to a senior economist at a global bank. Climatic factors are playing an increasingly key role in influencing food and fuel inflation, which tends to impact overall inflation levels, creating a new area of concern for policymakers. Gayatri Nayak explains how climate change can impact monetary policy: How have climatic factors affected prices in India?

Toronto-Dominion Bank has tapped Erin Morrow as its new chief compliance officer, a key role as the bank faces ongoing U.S. investigations into its anti-money laundering controls.