International Financial News

Ronaldo escaped injury by whiskers at the end of Portugal's shocking loss to Georgia. As he left the pitch and moved, a fan jumped over the stands, came close to knocking the superstar to the ground and Ronaldo came inches away from being two-footed in the chest. After a shocking and embarrassing 0-2 defeat at the hands of Georgia at the Veltins Arena in Gelsenkirchen, Ronaldo and his other teammates moved off the pitch when suddenly a fan jumped down from the gallery and almost hit the great football player. He was not injured, but it raised the question of safety in the field and how to manage the anger of the fans.

Raghuvanshi on Thursday said the risk-based inspections based on revised Schedule M of the Drugs and Cosmetics Act will begin from July 1. «We will make a framework (for the risk-based inspection). We will switch the checklist and the questions which we look at when we go there (for audits),» Raghuvanshi said on the sidelines of an Indian Pharmaceutical Alliance (IPA) event. Raghuvanshi said there would be surprise inspections, which would take 3-4 days.

NASA has awarded SpaceX an $843 million contract to build the vehicle that will bring the International Space Station out of its longtime orbit of Earth when its operating lifespan ends in a few more years

Chess.com posted on its official blog in December 2022. The platform saw its total users go from 25 million at the beginning of 2020 to 75 million in 2021 to over 100 million users in 2022 globally. While Chess has been integral to Indian culture since ancient times, the sport has today gained popularity worldwide, and is played in almost 200 countries.

Americana Partners, a Texas RIA managing over $7 billion in assets, is breaking into the Latin American market with the creation of a new dedicated division.

Gold prices fell Rs 120 to Rs 72,180 per 10 grams in the national capital on Thursday in line with weak trends in the global markets, according to HDFC Securities. The precious metal had settled at Rs 72,300 per 10 grams in the previous session. However, silver prices remained flat at Rs 90,600 per kg.

Neueon Towers Ltd.(up 4.83%), KEC International Ltd.(up 3.50%), NTPC Ltd.(up 3.32%), JSW Energy Ltd.(up 3.27%), GE Power India Ltd.(up 2.33%), SJVN Ltd.(up 2.08%), Adani Green Energy Ltd.(up 1.93%), Tata Power Company Ltd.(up 1.68%), Power Grid Corporation of India Ltd.(up 1.49%) and Suzlon Energy Ltd.(up 0.99%) stood among the top gainers.

The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has expressed concerns over the ongoing legal disputes between cryptocurrency exchange Binance and the Nigerian government.

Goldman Sachs will finish rolling out its first generative artificial intelligence tool—for code generation—to thousands of developers across the company by the end of the month. Chief Information Officer Marco Argenti said the company’s approach to generative AI involved centralizing all proprietary uses of the technology on an internal platform, and restricting them elsewhere. “It might have slowed us down initially, but then we definitely gained a lot of velocity afterwards," Argenti said.

How early should you arrive for the busiest air-travel day in U.S. history? There have been seven such days since late May alone, fueled by strong leisure and business-travel demand. Friday is projected to break the record again, the Transportation Security Administration has warned.

A report by a U.N. expert on human rights says that Thai banks have become the main supplier of international financial services for Myanmar’s military government, enabling it to purchase goods and equipment to carry out its increasingly bloody war aga...

mutual funds have dominated the returns chart in the first half of 2024, an analysis of the return charts showed. There were around 208 sectoral/thematic funds in the said period. The toppers in the list were from the infrastructure sector, defence sector and PSU sector. HDFC Defence Fund, the topper in the list, gave 55.22% return in the first half of 2024. Bandhan Infrastructure Fund and LIC MF Infra Fund, two infrastructure sector based funds, gave 43.43% and 40.67% returns respectively.

Amartya Sen, commenting on the recent Lok Sabha election, said on Thursday that the results indicate India is not a 'Hindu Rashtra'. He criticised the practice of incarcerating people without trial, which he said has persisted from the British era and has become more prevalent under the BJP government compared to the Congress regime. Sen also addressed issues of wealth disparity, political openness, and secularism. Sen arrived in Kolkata from the US on Wednesday evening and shared his views with a Bengali news channel at the Netaji Subhas Chandra Bose International Airport. «That India is not a Hindu Rashtra only has been reflected in the election results,» Sen remarked.

anti-conversion laws, hate speech, and demolitions of homes and places of worship for members of minority faith communities in India, US Secretary of State Antony Blinken has said. In his remarks at the release of the annual State Department report on international religious freedom, Blinken said on Wednesday that at the same time, people around the world are also working hard to protect religious freedom. The report stated that senior US officials continued to raise concerns about religious freedom issues with their Indian counterparts in 2023. «In India, we see a concerning increase in anti-conversion laws, hate speech, demolitions of homes and places of worship for members of minority faith communities. At the same time, people around the world are also working hard to protect religious freedom,» the secretary of state said.

sacked at least 500 staff across verticals to undertake restructuring, The Economic Times reported, citing sources.The private sector lender has given fired employees three months salary as severance pay, one source added.Livemint could not independently verify the report.“Yes Bank launched an internal restructuring exercise at the advice of a MNC consultant. So far, around 500 have been asked to go and we can see more sackings in the coming weeks," one source told ET.Sources added that the bank is looking to cut costs and shift towards digital banking instead of manual help, it added.Responding to queries, a spokesperson for Yes Bank told the paper it is looking to be an agile organisation, which is "leaner, faster, customer-centric", adding that optimising the workforce is a "periodic" exercise."In our endeavour to be an agile, future-ready organisation which is and operationally efficient, we periodically undertake a thorough review of the way we operate and optimise our workforce.

U.S. State Department's 2023 religious freedom report on India noted violent attacks on minority groups, especially Muslims and Christians, including killings, assaults and vandalism of houses of worship. The report on international religious freedom released on Wednesday said that in 2023, senior U.S. officials continued to «raise concerns about religious freedom issues» with their Indian counterparts. Human rights experts say India has seen a rise in attacks on minorities under Prime Minister Narendra Modi, who recently won a third term, and his Hindu nationalist Bharatiya Janata Party (BJP).

Assam Rifles along with CRPF and Manipur Police in the Jiribam district of Manipur to reinforce security and stability in the district, Assam Rifles said in a press release on Wednesday. The team, comprising over 100 security personnel, dominated the sensitive areas of Guwakhal and Harinagar of Manipur in the early hours of Wednesday after miscreants attempted to torch an abandoned house in the area. River patrols and drones are also being extensively used to secure and dominate the affected areas of Jiribam.

₹9,000 crore loan, two bankers aware of the matter said. While SBI, India's largest bank by assets, pitched 8.2% for a proposal by National Highways Authority of India’s (NHAI) infrastructure investment trust (InvIT) to raise ₹9,000 crore, NaBFID offered 8%. “This made other lenders come to the negotiating table," one of the two bankers cited above said.

Mint looks at issues surrounding poverty measurement and the need for having a more modern model. Poverty is measured by first arriving at a poverty line, the minimum level of income required to buy bare minimum necessities and then identifying those who fall below it by looking at household consumption surveys. The poverty threshold varies from country to country according to people’s social and economic conditions.

Ecom Express is looking to enter the primary market with a Rs 3,000 crore initial public offering (IPO), according to two people aware of the development. The third-party logistics company has appointed bankers such as Kotak Capital, IIFL, Axis Capital, and UBS, according to one of the sources. «Ecom Express has initiated the process for the public issue, which includes both a fresh issue and an offer for sale from the existing investors. The company is likely to file its draft red herring prospectus soon,» said one of the people cited above.

shares of Inox Green, Titagarh Rail, India Cements, Dr Reddy's, Bharti Airtel among others will be in focus due to various news related developments. Inox Green Energy Ace investor Ashisk Kacholia has invested Rs 40 crore in Inox Green Energy Services as part of the latter's Rs 1,050 crore fund raise plan.