International Financial News

California. Researchers from the Chapman University’s Centre for Demographics and Policy have been tracking home prices in 94 English speaking metropolitan cities of the world. Report:

Kim Jong Un is not healthy. According to 'The Hill', former CIA North Korea analyst Sue Mi Terry has said that the leader of the communist country does not look healthy in the video footage of him meeting Russian President Vladimir Putin. This revelation has come at a time when the supremer leader has signed a new treaty with Moscow and vowed to work closely together against international sanctions. What former CIA analyst has said

Bluey, the beloved animated series featuring a family of Heeler dogs, anticipation for new episodes is a constant. The third season recently concluded with the special episode «The Sign,» leaving fans eager for more of the Heeler family’s adventures. While news about a fourth season remains uncertain, there’s still plenty in store to keep fans engaged. Upcoming Blue Minisodes

The far-right leader angling to become France’s prime minister after the country’s upcoming parliamentary election has backtracked on the party’s previous promise to pull out of NATO’s strategic military command

The International Monetary Fund (IMF) has conducted a survey of 19 countries in the Middle East and Central Asia, exploring the adoption and potentials of central bank digital currencies (CBDCs).

Mint. Around 50-60% of the new centers would be set up in these states, he added. The move aims to expand IPPB's digital payment channels to serve its 90 million customers.Transactions by IPPB customers have increased tenfold to 10 million per day over the past three and a half years, with 80-90% of these transactions serving its rural customer base, and 5-10% catering to semi-urban areas.

ease of doing business, Jan Vishwas 2.0, World Bank’s upcoming B-READY index, and the national single window system, were discussed at a meeting chaired by department for promotion of industry and internal trade (DPIIT) secretary Rajesh Kumar Singh on Wednesday. Officials said that this is the first of such interactions with industry and other stakeholders. “We have taken inputs on many issues like reducing compliances and ease of doing business forward,” said an official.

Union Cabinet on Wednesday approved India’s 13th Major Port worth Rs 76,220 crores at Vadhavan in Maharashtra. The crucial project got a nod during the first meeting of the Union Cabinet after ministers were assigned portfolios last week. Speaking to ET, Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal said, “This is the first major infrastructure project of the third term of Prime Minister Narendra Modi as it ends the hiatus of major port development of more than two decades since then PM Atal Bihari Vajpayee inaugurated Kamarajar port at Ennore in 2001.” Major Ports are those which are governed by the centre. They comprise roughly 61% of India’s entire cargo 2604.99 million tonne per annum (MTPA) handling capacity. The remaining is with non-major ports that are under the administrative control of state governments.

Labour Force Survey (PLFS) from quarterly urban unemployment data to monthly, and the quarterly release of the rural employment data, which is released annually at present. Revision of the base year of gross domestic product (GDP) and inflation is also being discussed, officials said. The ministry of statistics and programme implementation (MoSPI) is looking at ways to use technology to make the process more efficient and faster as it aims to reduce time lags and improve the frequency of data availability. “We are trying to reduce the time period between surveys…some can be made quarterly and monthly going ahead which are annual right now,” said Saurabh Garg, secretary, MoSPI at the data user workshop on Household Consumption Expenditure Surveys (HCES) for 2022-23 Wednesday. As per the survey, consumption inequality has declined over the last decade with the share of top 10% households in consumption declining.

IndiGo on Wednesday announced that all international flights operating from Chaudhary Charan Singh International Airport in Lucknow will arrive and depart from the newly built terminal 3, starting today. The low-cost carrier has taken «proactive measures to ensure that passengers are well-informed about this change.» The airline is reaching out to all passengers and their respective travel agents through SMS, calls, and emails, it said in a press release. To avoid any inconvenience, IndiGo has advised passengers to retrieve their PNR on the airline's website or mobile app to check their terminal before heading to the airport.

Shares of Samvardhana Motherson International Ltd.(up 1.1 per cent) and Bharat Forge Ltd.(up 0.4 per cent) ended the day as top gainers in the pack.

Nalanda University's Chancellor Arvind Panagariya expressed gratitude as Prime Minister Narendra Modi inaugurated the new campus of the university on Wednesday and said that he has started working on the direction to increase the number of students and professors in the University. Prime Minister Narendra Modi unveiled a plaque at the new campus of Nalanda University in Bihar's Rajgir as he inaugurated the campus on Wednesday morning. While speaking to ANI, Arvind Panagariya said that soon the number of regular students in the University is going to reach 1,000.

Rich man’s fruit? In a first, India plans to import avocado from Brazil to tame domestic pricesThe available studies on post-harvest losses in India are not comparable and there is no emphasis on measuring food waste at the consumer level. Estimates of post-harvest losses in the country vary from 18% to 25% across the entire supply chain, though they are thought to be much higher, at up to 45%, for fruit and vegetables.“India’s food processing capabilities have immense potential.

Also read | India must learn from China's patent chase and focus on quality over quantity “The treaty could potentially attract investment to India, though several factors will influence the extent of this impact," said Jogeshwar Mishra, partner at law firm Shardul Amarchand & Mangaldas & Co. “These include providing a clearer legal framework for the use of genetic resources and traditional knowledge." The treaty would also improve market confidence, Mishra said, as it would ensure that “traditional knowledge and genetic resources are used ethically and legally, minimising the risk of legal disputes".

Delhi to Bagdogra was delayed due to high ground temperatures, which affected flight operations at Indira Gandhi International Airport in Delhi. This has resulted in delays as safety guidelines are followed, sometimes requiring flights to wait for wind speeds to stabilize. A senior official from the Ministry of Civil Aviation told ANI that that high temperatures cause the air to become thin, impacting the lift required for aircraft to take off, especially during takeoff and initial climb. This can also cause mid-air turbulence for passengers. In extreme weather conditions like high temperatures and high winds, aircraft only proceed after getting clearance from Air Traffic Control (ATC). To mitigate the effects of high temperatures, airlines may adjust operations by reducing fuel or baggage, and in some cases, even offloading passengers.

—Name withheld on requestYour asset allocation, with an 85:15 equity-to-debt ratio, is commendable for long-term growth, particularly given your systematic investment plans (SIPs) in diversified mutual funds. To optimize your portfolio for your children's education and your retirement, consider the following strategies. For education goal planning, your estimated requirement of ₹3 crore today is projected to increase to approximately ₹5.92 crore in 8 years, assuming a 7% inflation rate.

Nifty Index Top Gainers and Losers TodayThe top gainers in the Nifty index were HDFC Bank (up 3.11%), Axis Bank (up 2.92%), ICICI Bank (up 1.92%), Kotak Mahindra Bank (up 1.59%), and Indusind Bank (up 1.35%). On the other hand, the top losers in the Nifty index were Titan Company (down 3.53%), Larsen & Toubro (down 2.69%), Maruti Suzuki India (down 2.54%), Bharti Airtel (down 2.52%), and Hindalco Industries (down 2.41%).The bank nifty ended at 50440.9, with an intraday high of 51957.0 and a low of 50441.75.

Sam Zell was a prominent American billionaire businessman and philanthropist known for his focus on real estate investment. He founded or controlled several notable companies, including Equity Residential, Equity International, EQ Office, Covanta, Tribune Media, and Anixter. At the time of his passing, Zell’s personal fortune was estimated at approximately $5.2 billion. Zell's investing principles include:

U.S. companies may need to report cash amounts tied to their software expenditures, more of which would be moved off corporate balance sheets under a forthcoming proposal to update decades-old accounting rules. The Financial Accounting Standards Board voted Tuesday, 7-0, to propose requiring companies to report cash amounts tied to their software costs and help them determine when to expense or capitalize costs.

Hong Kong digital asset exchange OSL ’s Chief Financial Officer David Wu says that the government might introduce a new license to advance crypto regulation.

International Day of Yoga on June 21 on the banks of Dal Lake in Srinagar, Jammu and Kashmir. As many as 3,000- 4,000 people are expected to attend the event scheduled at the Sher-e-Kashmir International Convention Centre (SKICC) along the picturesque Boulevard road.This year the theme of the International Day of Yoga is ‘Yoga for Self and Society’ which highlights yoga's dual role in fostering individual and societal well-being.Also Read: International Yoga Day 2024: Yoga with Modi is back! PM explains Asanas in animated videos.