International Financial News

₹16K. Nandini Curd (10kg), Milk (8L) worth ₹700 found expired.

Shares of Bharat Forge Ltd.(up 5.38 per cent), TVS Motor Company Ltd.(up 2.92 per cent), Exide Industries Ltd.(up 2.12 per cent), Samvardhana Motherson International Ltd.(up 2.04 per cent) and MRF Ltd.(up 0.68 per cent) ended the day as top gainers in the pack.

₹620 apiece following a significant order win.In an exchange filing on Thursday, the company announced that it received an export order from AL Anwaar International for a "T&R" MAKE 90 MVA, 132/33 KV Transformer with fittings and accessories, worth ₹161 crore.In February, the company secured an order worth ₹232 crore from the Power Grid Corporation of India. Over recent months, TRIL has received multiple orders, bringing its unexecuted order book to 44,594 MVA valued at ₹2,581 crore as of March 31, according to the company's Q4 earnings report.

According to the One website, “As long as you use the BOBCARD One co-branded Credit Card within your approved credit limit, and pay the full outstanding by the due date, we wont charge you anything. However, in cases of delays in payments or part payments or using your card beyond the limit, there would be some charges levied.” What are Co-branded credit cards?

US Federal Reserve minutes show officials rally around higher-for-longer ratesMCX Gold traded lacklustre in the morning on Friday, May 24, tracking weak global cues. According to Reuters, gold prices in international markets hit a two-week low on Friday and were set for their biggest weekly loss in nearly eight months.Also Read: Gold slips to over one-week low on hawkish Fed, US dataAround 11:45 am, MCX Gold traded 0.02 per cent lower at ₹71,565 per 10 grams.Also Read: Gold pulls back from record highs, drops by ₹2,256 over 3 sessions on profit bookingGold prices are falling due to profit booking as investors believe the US Fed will not cut interest rates anytime soon and the rate reduction later this year will be shallow.Rahul Kalantri, VP of commodities at Mehta Equities, pointed out that gold prices are falling as investors have downgraded expectations of Fed rate cuts following the previous US economic release."S&P Global's May flash readings of the manufacturing, services, and composite PMIs reveal that US economic activity is increasing.

Shares of InterGlobe Aviation, which operates IndiGo Airlines, rose nearly 3% in Friday's trade on BSE to its new 52-week high of Rs 4,520 after the company’s PAT more than doubled to Rs 1,895 crore in Q4. Revenue from operations increased 26% year-on-year (YoY) to Rs 17,825 crore in the reporting quarter while the airline's passenger ticket revenues grew 25% YoY to Rs 15,601 crore.

Shares of Bikaji Foods International jumped 9.3% to Rs 583.9 in Friday's trade on BSE after the firm posted a massive 200% jump in net profit at Rs 116.3 crore in the quarter ended March 31, compared to Rs 38.67 crore in the year-ago period. Sequentially, the profit recorded a 153% jump compared to Rs 46 crore in the December quarter.

International Monetary Fund (IMF) mission and Pakistan have made significant progress towards reaching a staff-level agreement for an extended fund facility, the global lender said on Friday. The IMF has opened discussions with Pakistan on a new loan programme after Islamabad last month completed a short-term $3 billion programme, which helped stave off a sovereign debt default.

Bank Nifty was down by -37.45(-0.08%) at 24 May 2024 10:44:59 IST.Other stocks such as Varanium Cloud, Semac Consultants, GSS Infotech, MEGASTAR FOOD, Brightcom Group hit their fresh 52 wk lows today.

ocean acidification, etc, that are induced by anthropogenic greenhouse gas (GHG) emissions in the atmosphere? And secondly, whether state parties have an obligation to protect and preserve the marine environment in the context of climate change impacts, including sea-level rise, ocean warming and ocean acidification?The tribunal answered both points in the affirmative by deriving its jurisdiction on the issues within the UNCLOS. The tribunal broadly relied on Article 194, which enumerates state parties' obligations to prevent, reduce and control pollution of the marine environment.

Maldives matters: India’s moving to foil Chinese designsMinister of Economic Development and Trade Mohamed Saeed said, "Addressing the dollar issue and reinforcing the MVR is a top priority for the current administration".In August 2022, the then President of Maldives Ibrahim Mohamed Solih said, “The two leaders welcomed the ongoing work to operationalize the usage of Rupay Cards in Maldives and agreed to consider further measures to boost bilateral travel and tourism and economic inter-linkages".Maldives says its pilots cannot fly aircraft donated by IndiaOn Wednesday, Maldives said that both India and China have agreed to cooperate in efforts to pay for imports in their respective countries’ currency instead of the US dollar. Saeed said he met with the Indian High Commissioner Munu Mahawar two weeks ago, who in turn, said that New Delhi would support and cooperate in arranging for the settlement of import payments in Indian Rupee.'True gesture of goodwill': Maldives thanks India for extending budget supportSaeed said the move is likely to help Male save almost 50% of the annual $1.5 million import bill from the two countries.In July 2023, the Government of India declared that Maldives was among the 22 countries that were permitted by the Reserve Bank of India to open Special Rupee Vostro Accounts (SRVAs) as part of efforts to promote bilateral trade in local currencies.Over the last few years, multiple banks and payment companies from across various countries have partnered with NPCI International Payments Ltd (NIPL), the international arm of NPCI, to accept UPI and RuPay in one form or the other.

PTI. In a new development in the case, the police are now suspecting that the Bangladesh MP could have been "lured" into a New Town flat by a woman and then murdered by contract killers.

Then-President Donald Trump fired the first shots with tariffs on China seven years ago, and then Joe Biden ushered America into the new industrial policy age. Stage three, punctuated by Biden’s latest round of duties on Chinese imports, builds on the first two: using tariffs to defend US interests, with subsidies now at the core of policy and without fear of retaliation. The $31 trillion arena of international commerce has withstood a series of shocks in recent years, including the US-China trade war. This time, the linchpin is the European Union — caught between preserving its self-styled role as defender of multilateral rules and fearing the loss of millions of jobs and tens of billions in investment while the US and China wield market-distorting subsidies and tariffs.

Q4 results today: Investors and market analysts are eagerly anticipating the financial results of several major corporations such as Bosch, Hindalco, Ashok Leyland, and Zee Entertainment Enterprises Ltd (ZEEL) are set to reveal their Q4 earnings today, alongside 252 other companies. These announcements are expected to provide critical insights into the financial health and performance of these industry giants, influencing market trends and investor decisions.63 Moons Technologies, Abirami Financial Services (India), ABM Knowledgeware, Aditya Consumer Marketing, Adcon Capital Services, Adishakti Loha and Ispat, Advance Multitech, Advance Petrochemicals, Aegis Logistics, Affle (India), Agarwal Fortune India, A.K.

U.S. pier project in Gaza is starting to get more aid to Palestinians in need but conditions are challenging, U.S. officials said Thursday. That reflects the larger problems bringing food and other supplies to starving people in the besieged territory. The floating pier had a troubled launch, with crowds overrunning some of the first trucks coming from the new U.S.-led sea route and taking its contents over the weekend. One man in the crowd was shot dead in still-unexplained circumstances. It led to a two-day suspension of aid distribution.

Sebi) has proposed relaxation of rules on valuation of investment portfolio of alternative investment funds (AIFs). These easing of norms relate to change in valuation methodology on material change, computing valuation of investment portfolio of AIFs, eligibility criteria of independent valuers to be appointed by AIFs and timeline for reporting valuation of investment portfolio by AIFs to performance benchmarking agencies. «Sebi is in receipt of representations from the AIF industry highlighting issues with regard to certain aspects of the valuation framework for AIFs,» the regulator said in a discussion paper on Thursday.

South Korean police have arrested 19 people on fraud charges in a swoop on a social media “crypto reading room.”

Ukraine's allies are looking for ways to squeeze money out of frozen Russian assets and use it to help Kyiv fend off Moscow's invasion

US Treasury Secretary Janet Yellen is rejecting a global wealth tax proposal championed by Brazil and supported by France and other G20 countries.

NCLT) has granted more time to Hinduja Group-owned IndusInd International Holdings (IIHL) for securing the remaining regulatory approvals required to complete the resolution process of bankrupt Reliance Capital, according to two people aware of the matter. The order was delivered on IIHL's application on Wednesday, requesting an extension of the 27 May deadline for paying ₹8,000 crore to acquire Reliance Capital.

South Korea has unveiled a $19 billion support package to bolster its semiconductor industry, seeking to catch up with international rivals amid soaring demand for advanced chips to power artificial intelligence and other computing. The 26 trillion won ($19.03 billion) package, announced by President Yoon Suk Yeol on Thursday, focuses largely on providing financial support through state-run Korea Development Bank for chip makers and suppliers to invest in semiconductor infrastructure in the North Asian nation.