International Financial News

Rohit Sharma-led Indian cricket team created history on 9 June at the Nassau County International Cricket Stadium in New York's Westbury when they defeated arch-rivals Pakistan by six runs.Despite losing the toss and scoring just 119 in 19 overs after losing all the wickets, India managed to stop the Pakistan run chase to 113/7 in 20 overs.ALSO READ: IND Vs PAK T20 World Cup 2024: India beats Pakistan by 6 runs in New York in low-scoring nail-biterFollowing the match, former Pakistan skipper and legendary pacer Wasim Akram lambasted the Pakistan senior cricketers for not having 'game awareness'.“They have been playing cricket for 10 years, and I can’t teach them. Rizwan has no game awareness," Indian Express quoted Akram as saying on Star Sports after the match.Chasing 120 runs, Pakistan were once at 80/3 after 14 overs, but India's Jasprit Bumrah bowled out set batter Mohammad Rizwan for 31.ALSO READ: India’s victory against Pakistan in T20 World Cup 2024 sparks meme fest on social media“He should have known that Bumrah was given the ball to take wickets and that the wise thing would have been to play his deliveries cautiously.

Shares of Samvardhana Motherson International Ltd.(up 5.03 per cent), Hero MotoCorp Ltd.(up 2.52 per cent), Balkrishna Industries Ltd.(up 1.52 per cent), TVS Motor Company Ltd.(up 1.22 per cent) and Bosch Ltd.(up 0.55 per cent) ended the day as top gainers in the pack.

Lodha Place in Mumbai’s business district Lower Parel for over Rs 101.25 crore.

Pakistan's central bank cut its key interest rate by 150 basis points on Monday in a widely expected move, marking its first rate reduction in nearly four years in its effort to boost growth amid a sharp decline in retail inflation.

Lada Guruden Singh has stepped down from his role as General Manager, Sony Pictures International Productions (SPIP), India, where he oversaw local production. Singh, who has turned a producer, will continue to work with the studio.

Prajwal Revanna, who is facing charges of rape and sexual abuse against several women, to 14 days judicial custody. He was produced before the 42nd Additional Chief Metropolitan Magistrate (ACMM) court as his Special Investigation Team (SIT) custody ended today.

Air India chief executive officer and managing director Campbell Wilsonsaid at the CAPA India aviation summit. Sensing an opportunity, several foreign airlines have firmed up plans to approach the government with their requests. “Today we have not exhausted the bilaterals, in terms of number of seats per week but we have hit the limit in terms of number of stations," Sanjiv Kapoor, executive vice-president, strategies of the Saudia Group told Mint.

Foz do Iguaçu, Brazil Fifteen miles upstream from this city, built where the Iguazu River meets the larger Paraná, are the towering Iguazu Falls. The largest of the falls and the main attraction is the “Devil’s Throat," an exhilarating and terrifying site. For a real thrill tourists can view the cascade of rapids, 492 feet wide and 269 feet high, tumbling over the precipice from a catwalk in the river.

In a stock exchange notice today (7 June), the £2.3bn private equity trust said the brokers would carry out the buyback programme at 6.7p per ordinary share. As announced last month, the buybacks will be dependent on net cash flows and level of discount, which will be calculated on a quarterly basis. Under the authority granted to PIP by its shareholders, it has the ability to repurchase up to 14.99%. It currently has remaining authority to buy back up to around 67 million shares before the next annual general meeting in October, the FTSE 250 trust noted. Pantheon International plans ...

IND vs Pak T20 World Cup match on Sunday evening, said the team's recently appointed head coach, Gary Kirsten. He stressed the importance of rotating the strike, especially on difficult pitches like this one. He mentioned that his team did not execute this strategy effectively, PTI reported.

IND vs PAK T20 World Cup 2024: Even Sachin Tendulkar, typically known for avoiding any risqué remarks, apparently could not control himself from posting a cheeky comment after India’s win against Pakistan. Tendulkar, along with his wife Anjali and daughter Sara, attended the India vs Pakistan match at the Nassau County International Cricket Stadium in New York.After Rohit Sharma’s boys clinched a remarkable win against Babar Azam’s team in the cricket match, the Master Blaster posted on X (formerly Twitter).“India vs Pakistan.

The recent announcement by the Yamuna Expressway Industrial Development Authority (YEIDA) to sell around 6,500 plots (6000 smaller plots and 500 bigger plots) in the region will add yet another wing to the region’s growth. These plots will range from the smallest, that is, 30 square metres (sq m), to large and very large residential plots between 200 sq m and 4,000 sq m. The plots will be allotted in three sectors located near the upcoming Noida International Airport at Jewar. Commenting on the same, Manoj Gaur, President-CREDAI NCR and CMD-Gaurs Group, said, “This will indeed boost Yamuna Expressway’s potential. As the proposed scheme will bring more people to live in the region, it will add a new thrust to the Yamuna Expressway potential. The valuation of properties at Yamuna Expressway has already risen sharply since the announcement of the international airport. In the last two years, the prices have risen by 30-40%, and reputed developers have residential and commercial projects here. Besides, the holistic infrastructure is already in place in the region. This announcement also showcases the state government’s commitment to develop an international city in the region.”

Bank Nifty was up by 32.7(0.07%) at 10 Jun 2024 10:44:55 IST.Other stocks such as Shubhlaxmi Jewel Art, Compuage Infocom, Future Supply Chain Solutions, Chemplast Sanmar, Morarjee Textiles hit their fresh 52 wk lows today.

The Securities Exchange Board of India (SEBI) has been long considering enhancing investments by Foreign Portfolio Investors (FPIs) in India by facilitating increased participation from non-resident Indians (NRIs), Overseas Citizens of India (OCIs), Resident Indians (RIs) as constituents of FPIs that are based out of International Financial Services Centre (IFSC) in Gandhinagar, Gujarat, India. IFSC is regulated by the Internal Financial Services Centre Authority (IFSCA). Also Read: Why did FPIs dump ₹25,586 crore worth of Indian shares in May—Explained with 4 key reasons

Gold rate today: The gold price today has been significantly influenced by the rise in US dollar rates, a key factor in the current market dynamics. This increase in US dollar rates was primarily driven by better-than-expected US job data, which has had a direct impact on the gold price.

₹62.71 up 20 per cent as soon as the market opened on June 10, at 9:15 am on BSE.Wardwizard Innovations is an electric vehicle (EV) manufacturing company with a market capitalisation of ₹1800 crore, according to the company's website. The EV maker is listed on BSE.

Dr Reddy’s Laboratories: The pharmaceutical company has reported that the US FDA issued a Form 483 with four observations at its API manufacturing facility (CTO-6) in Srikakulam, Andhra Pradesh on June 7. The company has stated that it will address these issues within the stipulated timeline.Mphasis: BCP Topco IX Pte, a Singapore-based private limited company linked to Blackstone, is set to sell a 10.6% stake in Mphasis at a base price of ₹2,350 per share.

₹21,000 crore) in a public listing likely in nine months, two people familiar with its plans said, in a remarkable turnaround for the luxury chain that changed hands under crushing debt and defaults five years ago. Promoter Brookfield has tapped JM Financial and Bank of America to be investment bankers, the people said on condition of anonymity, adding the Canadian investor plans to sell 15% to the public initially, and another 10% over the next three years. The IPO may be worth around ₹3,150 crore, making it the biggest in India's hospitality space.

Hindustan Petroleum Corp. Ltd (HPCL), Bharat Petroleum Corp. Ltd (BPCL) Indian Oil Corp.

India, guided by the redoubtable Jasprit Bumrah, went past an imploding Pakistan by six runs in a low-scoring T20 World Cup contest at the Nassau County International Cricket Stadium where more than 34,000 fans were in attendance at the temporary arena.

Deepika Padukone recently took to Instagram to reveal her fierce new look for the highly anticipated sci-fi thriller 'Kalki 2898 AD.' Sharing the poster, she announced that the film's trailer would be released on June 10. Her caption hinted at the significant role her character plays in the movie, which has intrigued fans even further.