International Financial News

Downton Abbey 3, which is currently in production in the UK, will be released on September 12, 2025 in theaters. It was announced by Focus Features and Universal Pictures International.

Two astronauts are spending extra time at the International Space Station as NASA and Boeing troubleshoot capsule problems that popped up on the way there

China on Wednesday spoke of President Mohamed Muizzu's recent visit to New Delhi and the importance of India to his country's tourism-dependent economy. The comments by Minister of Economic Development and Trade Mohamed Saeed came as Male seems to have re-oriented ties with New Delhi following President Muizzu, known for his pro-China leanings, attending Prime Minister Narendra Modi's swearing-in ceremony earlier this month. «President Muizzu reiterated that India remains our closest neighbour,» Saeed, who is attending the 15th World Economic Forum (WEF) at Dalian, told CNBC International TV in an interview.

Paradigm Realty has entered into agreements to redevelop 11 housing societies spread across land parcels of more than five acres in Mumbai’s western suburb of Bandra and Kandivali. The project has gross consolidated revenue potential of around Rs 4,500 crore. These projects in Bandra’s Pali Hill and Carter Road areas, and Kandivali’s Mahavir Nagar, are estimated to have development potential of over 2.8 million sq ft. The projects in Pali Hill and Carter Road are spread over around half an acre each with development potential of 1.5 lakh sq ft and 1.6 lakh sq ft and estimated revenue of Rs 500 crore, respectively. The Mahavir Nagar project has a development potential of over 2.5 million sq ft of which the free-sale RERA carpet area of up to 1 million sq ft holds a gross development value of nearly Rs 3,500 crore.

Spain's government says it will temporarily eliminate the sales tax on olive oil to help cushion skyrocketing prices

Charitable giving dropped 2.1% in 2023 after inflation, according to the most recent Giving USA report, the key findings of which were released Tuesday

A group of 50 people and firms across across Hong Kong, the United Arab Emirates and the Marshall Islands that have been acting as a “sprawling shadow banking network” for Iran’s military have been hit with U.S. economic sanctions

According to “energy transition” and “net-zero” enthusiasts, the future looks bright for electric vehicles (EVs). Though not so bright, it seems, that the federal and some provincial governments haven’t had to offer at least $15 billion in subsidies to prompt carmakers to develop Canadian production facilities, as well as lavish subsidies to get people to buy EVs. And since even that isn’t enough to bring consumers around, a Trudeau government mandate now requires that all new light-duty vehicles sold in Canada must be electric or plug-in hybrid by 2035. In other words, the government is traditional internal combustion engine vehicles (ICEVs).

Shein has been reportedly looking to IPO in London, after a failed attempt to list in New York earlier this year. Raspberry Pi confirms London listing In the letter, sent on behalf of UK charity Stop Uyghur Genocide, Leigh Day argued that concerns over the company's labour practices in its supply chains, among others, ultimately led to the refusal from the US Securities and Exchange Commission to allow Shein to IPO in New York. «The UK is a signatory to various International Labour Organisation conventions,» the letter stated. «Our client is concerned that listing a company on the ...

₹80,000 crore business (commercial vehicles) is very large. And it is growing and generating tonnes of cash," said Balaji.“So, you need management bandwidth and the board’s time for this.

Russia has sent two trains laden with coal to India via the International North-South Transport Corridor (INSTC), which connects Russia to India via Iran, according to Russia’s national railway company. A multimodal route that includes a railway, roadway network and seaports, the INSTC spans 7,200km (4,500 miles) from St. Petersburg to the port of Mumbai in India. The corridor is part of Russia’s push to find new transport routes in light of Western sanctions, which have forced it to shift trade flows from Europe to Asia and the Middle East, RT has reported. “For the first time, two trains with Kuzbass coal headed to India along the International North-South Transport Corridor. The trains set off from the Kemerovo region. They followed along the eastern branch of the INSTC through Kazakhstan and Turkmenistan to the Iranian port of Bandar Abbas,” Russian Railways said on Monday in its Telegram channel, RT reported. How INSTC can revolutionise India's trade The development of the INSTC, which connects Russia to India through Iran's Chabahar port, means a lot for India's trade. Now that Russia faces restrictions on sea trade due to the Ukraine war, the corridor assumes even more economic and strategic importance, especially when India sees it as an alternative to China's ambitious Belt and Road Initiative.

Radisson Hotel Group announced the signing of 10 new hotels on Wednesday. The company said the signings materialised over the past four days, and are spread across brands, including Radisson Blu, Radisson, Radisson Individuals, and its brand extension Radisson Individuals Retreats. The Group also entered five new markets and will be the first to open internationally branded hotels in Jawai (Rajasthan), Sagar (Madhya Pradesh), Yavatmal (Maharashtra), Ooty (Tamil Nadu) and Calicut (Kerala). The chain also signed Radisson Blu Hotel, Nathdwara Stadium, Rajasthan, featuring 234 rooms. This hotel is India's first Cricket Stadium Hotel, with 75% of its rooms offering views of the main cricket field. There are two signings under its Radisson brand — Radisson Sagar and Radisson Mohali. The chain has also signed Park Inn & Suites by Radisson, Calicut.

Congressman Matt Gaetz (R-FL) has proposed a legislation to allow Americans pay their federal income tax using Bitcoin. If passed, the US Secretary of the Treasury would implement a program to allow payment of taxes using Bitcoin.

manufacturing giant Boeing is facing a huge crisis, having received orders for only four new planes in May. Orders for its once-best-selling 737 Max have almost dried up since an incident in January, in which the side panel of an Alaska Airlines aircraft blew out mid-air. The crisis, however, was not entirely unexpected.

NEW DELHI : For the first time, India has achieved a higher ethanol production from grains, especially maize, than sugar-based feedstock, on the back of a government cap on the diversion of sugar for producing the biofuel. The share of grain-based ethanol stands at nearly 51% so far in the current ethanol-supply year (November 2023-October 2024), said two officials with access to data. Till 9 June, 357.12 crore litres of ethanol have been produced—175.74 crore litres from sugar-based feedstock—sugarcane juice, B-heavy molasses and C-heavy molasses—and 181.38 crore litres from grain-based feedstock—damaged foodgrains, surplus rice and maize available with Food Corp.

subsidy rate and its timely payment are important variables that determine the financial performance of companies. “Lower NBS (nutrient-based subsidy) rates during the second half of the year were not commensurate with the raw material prices, and therefore, impacted the operational viability of the phosphatic players in the industry," said the management of Coromandel International Ltd in its March quarter earnings call. FY25 is expected to be a strong year for the sector with an increase in subsidy from ₹20.8 per kg in the second half of FY24 to ₹28.7 per kg in the first half of FY25.

New Delhi, India, June 26, 2024: Shankh Air, poised to become the first scheduled airline in Uttar Pradesh, is advancing its launch initiatives and awaiting final NOC from Ministry of Civil Aviation. Recently, Chairman Sharvan Kumar Vishwakarma had a pivotal meeting with Honorable Minister of Civil Aviation Shri Kinjarapu Rammohan Naidu and deliberated on the airline's strategic direction and forthcoming developments as a Full Service Start Up Airline.

DafaNews, West Indies veteran cricketer Chris Gayle said that international cricket should not overlap with the Indian Premier League (IPL).Gayle has been a legendary player in the IPL and first started out on the Kolkata Knight Riders (KKR) team in 2009. He moved to the Royal Challengers Bangalore (RCB) in 2011 and proved instrumental for the team's performance, eventually finishing his IPL journey with Punjab Kings in 2021.

₹1,000-2,000 to complete the RBI-mandated EDPMS closure, incurring a net loss. Other challenges include: a) customs clearance taking 1-6 days compared to under 24 hours in China; b) a consignment limit of $12,000 versus China’s $50,000; and c) having to write off international customer returns, which account for 15-25% of sales. To enhance India’s export competitiveness, the government must prioritize e-commerce exports as a key element of its 100-day agenda.

banking. For all money transfers abroad, it's important to adhere to the Liberalised Remittance Scheme (LRS) guidelines set by the Reserve Bank of India (RBI).With the evolving technology, India is certainly rooting for a boundaryless world which leads to multiple options for money transfers. The most commonly used routes are international wire transfer and a forex card.

MVN Aero One has leased the largest co-working space to date to Spring House, spanning 3 lakh sq ft, at its upcoming MVN Aero One Mall located at Sector-37 D, Dwarka Expressway, Gurugram. This partnership ushers in a transformative era of work and lifestyle integration, setting a new benchmark in the commercial real estate sector in India, the company said on Tuesday.