International Financial News

₹50 lakh due to a freak hailstorm. This year I am hoping to recover the losses," he said, sitting on a charpai, under the shade of giant mango trees spread across the 25-acre orchard. The oppressive June heat, closing in on 50 degrees Celsius, is a little more bearable here.

Boeing Starliner with its two astronauts - Sunita Williams and Butch Wilmore - to Earth from the International Space Station (ISS) was postponed by NASA again to allow more time to review technical issues.A new date for Boeing Starliner’s arrival on Earth has not been announced yet.Earlier, the spacecraft’s return was set for June 26. Before that, the first potential date was June 14.Williams and Wilmore were expected to return home after spending about a week in orbit.Williams scripted history by becoming the first female astronaut to fly on the first flight of a crewed spacecraft.

₹12,000-14,000 crore in the next 2-3 years developing commercial office, residential, and hotel projects, said a top company executive. Around 40% of the planned investment will be deployed in office projects, 50% in housing development, and 10% in hotel projects across existing cities it operates in, such as Bengaluru, Pune, and Hyderabad. It is also set to enter two new property markets - Chennai and Mumbai, Sattva Group's managing director Bijay Agarwal told reporters.The investment will be financed through a combination of equity, debt and internal accruals like sales.

bank move as administrative in nature to ensure a smooth leadership transition in the Kolkata-based lender, but concerns over Bandhan Bank's asset quality perhaps kept investors anxious. The stock price closed lower at Rs 203.70 on BSE Tuesday, about 16% fall from Rs 242 seen on the first trading day of the year. «While the market may fear that there could be more skeletons in the closet — in terms of further increase in the stress pool — we believe this (appointment of additional director) is more of a prudent measure exercised by the RBI,» said Suresh Ganapathy, managing director and head of financial services Research at Macquarie Capital.

The unexpected death of Iranian President Ebrahim Raisi has sent shockwaves through the geopolitical landscape, raising questions about the future of Iran’s political stability and economic policies.

Julian Assange, the co-founder of WikiLeaks, has been freed after reaching an agreement with the U.S. Department of Justice. Assange reached a deal with authorities that will see him plead guilty to violating the Espionage Act.

Top Gainers: Axis Bank (up 3.40%), ICICI Bank (up 2.48%), HDFC Bank (up 2.32%), Tech Mahindra (up 1.80%), and Larsen & Toubro (up 1.56%).Top Losers: Power Grid Corporation Of India (down 1.64%), Tata Steel (down 1.24%), Asian Paints (down 1.16%), Nestle India (down 0.56%), and Maruti Suzuki India (down 0.52%).Top Gainers: Shriram Finance (up 3.73%), Axis Bank (up 3.53%), ICICI Bank (up 2.38%), HDFC Bank (up 2.33%), and HDFC Life Insurance Company (up 1.98%).Top Losers: Bharat Petroleum Corporation (down 2.93%), Eicher Motors (down 1.97%), Power Grid Corporation Of India (down 1.67%), Asian Paints (down 1.30%), and Tata Steel (down 1.28%).Top Gainers: HDFC Asset Management Company, L&T FINANCE, Indian Hotels Company, Alkem Laboratories, and MRF.Top Losers: Oberoi Realty, NMDC, Bandhan Bank, Suzlon Energy, and Tube Investments Of India.Top Gainers: Raymond, JBM Auto, Olectra Greentech, City Union Bank, and Nippon Life.Top Losers: Happiest Minds Technologies, Mangalore Refinery & Petrochemicals, Creditaccess Grameen, Navin Fluorine International, and Chambal Fertilisers & Chemical.Top Gainers: Raymond (up 7.43%), Godrej Agrovet (up 6.83%), Welspun Corp (up 5.74%), Lakshmi Machine Works (up 5.48%), and Patanjali Foods (up 5.01%).Top Losers: Happiest Minds Technologies (down 9.44%), Macrotech Developers (down 4.77%), United Breweries (down 4.23%), Indiabulls Real Estate (down 3.96%), and Mangalore Refinery & Petrochemicals (down 3.87%).Top Gainers: Raymond (up 6.46%), Welspun Corp (up 5.74%), Westlife Development (up 4.96%), LIC Housing Finance (up 4.90%), and Patanjali Foods (up 4.70%).Top Losers: Happiest Minds Technologies (down 9.46%), Macrotech Developers (down 4.43%), United Breweries (down 4.14%), Oberoi Realty (down

Central banks should be preparing for the transformative impact artificial intelligence will have on the financial system and the economy, according to a new report issued by the Bank of International Settlements (BIS).

Malaysia Airlines says one of its plane en route to Bangkok made a U-turn back to Kuala Lumpur International Airport after experiencing a “pressurization issue."

logistics company Ecom Express is looking to raise Rs 1,424 crore (about $170 million) through a rights issue that is likely to be led by its existing investors Warburg Pincus, British International Investment (BII), and Switzerland-based Partners Group. The company’s shareholders have passed a resolution for the rights issue totalling 1.57 million compulsorily convertible preference shares at Rs 9,071 apiece – the same price at which Ecom Express did a rights issue in July last year, showed regulatory filings with the Registrar of Companies (RoC).

duty structure wherever required. In a pre-budget meeting with Finance Minister Nirmala Sitharaman, FIEO president Ashwani Kumar made a case for an extension of the Interest Equalisation Scheme for the next five years. «We request the scheme which is valid till 30th June, 2024 may be extended for a period of 5 years. Looking into the rise in interest rates consequent to the increase in Repo rate from 4.4 per cent to 6.5 per cent in the last 2 years, the subvention rates may be restored back from 3 per cent to 5 per cent for manufacturers in MSMEs,» Kumar said. Kumar also urged for the establishment of an Indian shipping line of global repute to reduce foreign shipping line dependency and save foreign exchange.

Boeing's Starliner spacecraft, carrying astronauts Barry Wilmore and Sunita Williams, is gearing up for its return journey from the International Space Station (ISS) despite facing technical challenges since its June 5 liftoff. The capsule has encountered five helium leaks, five maneuvering thruster failures, and a propellant valve issue, requiring extensive troubleshooting by the crew and mission control in Houston. Delayed Return

Air Chief Marshal VR Chaudhari on Tuesday emphasised the critical need for India to invest in the modernisation of its armed forces amidst evolving security challenges. He was addressing the Capstone Seminar organised jointly by the Indian Air Force, the College of Air Warfare, and the Centre for Air Power Studies. Air Chief Marshal Chaudhari also underscored India's strategic culture and its relevance in facing current security challenges.

Bank Nifty was up by 387.5(0.75%) at 25 Jun 2024 10:44:55 IST.Other stocks such as Ascom Leasing & Investments, Future Supply Chain Solutions, FILATEX FASHIONS, Suumaya Industries hit their fresh 52 wk lows today.

Also Read- Amara Raja shares hit 20% upper circuit after subsidiary signs licensing deal with GIBThe government has received around Rs1.5 trillion in fiscal support since the interim budget presentation on February 1st, primarily due to the extra RBI dividend of Rs1.2 trillion.Secondly, the actual fiscal deficit for FY24 was 25 bps lower than estimated in the February'24 budget. The buoyancy from income tax adds almost ₹300 billion to the cushion.

silver July futures contracts opened at Rs 88,858/kg falling by Rs 141 or 0.16%. On Monday, gold and silver settled on a mixed note in the international as well as the domestic markets. On MCX, the gold August futures contract settled at Rs 71,791 per 10 grams with a gain of 0.29%, and the silver July futures contract settled at Rs 88,999 per kilogram with a loss of 0.16%.

Touted among the most spirited and colourful countries around the world, the Republic of Korea, or South Korea, effortlessly fuses its unique culture, immersive experiences, and innovative technology with great balance.

Rashid Khan was seen brewing in anger and threw his bat at his partner Karim Janat for not taking the second run.Internet users have responded to this incident, with some suggesting he should improve his anger management skills, while others expressed support for his response.“With great power comes great responsibilities. He must learn to control his anger."“Rashid Khan should have controlled his anger... Threw the bat at his partner."Some other said, “He literally scored 19 of 10 when others can’t play run a ball.

WWE and Indiana Sports Corp. are teaming up to bring the sports entertainment company’s three largest stadium events, Royal Rumble, SummerSlam and WrestleMania, to Indianapolis

French far-right leader Jordan Bardella has sought to reassure French voters, European partners and international observers that his potential government would lead “realistic” economic policies and “not weaken” France’s voice abroad

Zyod has raised $18 million in a mix of equity and debt funding. The funding was led by venture firm RTP Global, while the debt capital was raised from Stride Ventures, Trifecta Capital and Alteria Capital. The “majority” of the funding was in primary equity, cofounder Ankit Jaipuria told ET. Existing investors Lightspeed Venture also participated in the funding round.