International Financial News

Banita Sandhu, known for her role in Varun Dhawan's 'October', has been reportedly cast for 'Bridgerton Season 3'. The British-Indian actor will portray the character of Miss Malhotra in the renowned international series, sharing the screen with Nicola Coughlan and Luke Newton. Sandhu gained widespread recognition for her role in Varun Dhawan's 'October', and her inclusion in 'Bridgerton Season 3' has generated considerable excitement among fans. The highly-anticipated third season of 'Bridgerton' premiered today, May 16, on the popular streaming platform Netflix, presenting viewers with four engaging episodes. Sandhu's participation in the series is a matter of pride for India, as her portrayal of Miss Malhotra promises to bring a new dimension to the storyline, potentially challenging the existing social hierarchy.

Chinese electric vehicles (EVs) have sent a scare in the US and Europe. Many have predicted doomsday scenarios. The Alliance for American Manufacturing has said that government subsidized Chinese EVs “could end up being an extinction-level event for the U.S. auto sector". Earlier this year, Tesla CEO Elon Musk told industry analysts Chinese EVs are so good that without trade barriers, “they will pretty much demolish most other car companies in the world.” The US has decided to shield itself from the Chinese EV onslaught. President Joe Biden has announced a series of new and increased tariffs on several Chinese-made goods. He quadrupled the tariff on electric vehicles made in China from 25% to 100%. Chinese lithium-ion batteries for electric cars will now face a 25% tariff, up from 7.5%. Since many European car makers manufacture in China and sell in Europe, they are appealing against similar tariffs on Chinese EVs. Also Read: China may dump EVs, batteries into India with higher US tariffs: GTRI

Travel Trends 2024: Breaking Boundaries, said Indian outbound travel to Vietnam skyrocketed by 248% compared to 2019 levels, followed by the US and Japan, with growth rates of 59% and 53%, respectively. These figures, compiled for the January-March 2024 period, also indicate a significant shift in traveler preferences. The emerging trends hold promise for the travel sector, considering that India is expected to see nearly 20 million more people entering the middle class over the next five years, it added.

chamak-dhamak (essentially too much shine and colours)". That's why the Delhi-based product designer and founder of brand Ikkis ensured her homeware collection presented at the Milan Design Week last month was "anti-ethnic". The range of 21 glasses, cups and plates—all displayed in a room that looked like an organised kirana store (curation was done by Maria Cristina Didero, curatorial director of Miami Design Week)—can be best described as elevated everyday items that highlight Indian craftsmanship in a simple, yet sophisticated form.

PUMA India has signed a deal with the Athletics Federation of India to become its official kit sponsor, the sports brand said on Thursday. Puma signed a multi-year deal to exclusively supply performance kits, speed suits and travel gear to every athlete under AFI representing India in track & field, jumps, throws, cross country running and marathons at both domestic and international tournaments, said the company in a press release. With the partnership, several international stars such as Neeraj Chopra (javelin throw), Kishore Kumar Jena (javelin throw), Parul Chaudhary (steeplechase), Subha Venkatesan (4x 400 m relay), Murali Sreeshankar (long jump), Jyothi Yarraji (hurdle), Priyanka Goswami (race walk) and Jeswin Aldrin (long jump) will benefit from PUMA’s gear across sporting events. Kitting under this partnership does not include Olympics, Asian Games and Commonwealth Games.

Motorola Razr 50 Ultra will be available with 12GB RAM and 512GB storage for the base model. This expected price point closely mirrors the launch price of the Razr 40 Ultra, which debuted with lower specifications—namely 8GB RAM and 256GB of storage. Moreover, the Motorola Razr 50 Ultra is expected to come in additional RAM and storage variants, offering buyers more flexibility.

On Wednesday, chef Varun Totlani of Masque prepared a five-course menu for the inaugural dinner at the Cannes Film Festival. His aim was to celebrate the food of India by highlighting different regions. There was a cold thukpa-style dish topped with trout roe as a nod to Ladakh and Kashmir; chaat with tender sorghum grains mixed with corn mousse as a hat-tip to Maharashtra and Gujarat; and sweet potato prepared khad-style (pit cooking) by borrowing inspiration from Rajasthan.

Sunil Chhetri, the legendary player from Indian football who began playing for his country in 2005, formally announced his retirement from international football. He will play his final game for India on June 6th, at Kolkata, during the FIFA World Cup qualifier for 2026, against Kuwait. Chhetri, who is 39 years old and has the most appearances and goals for the Indian national team, is regarded as one of the best football players in the country. Chhetri is third among active players globally in terms of goals scored for his country, only behind Messi and the Cristiano Ronaldo.

investment of Rs 12,000 crore into its electric business MEAL over the next three years, the company said in a stock exchange filing on Thursday. The company and its auto division expects to generate sufficient operating cash to satisfy its capital investment needs and is currently not looking to raise additional capital, it said. Further, M&M and BII have agreed to extend the timeframe for the final tranche of the latter's planned investment of Rs 725 crore, the company said. So far, BII has invested Rs 1,200 crore while Temasek invested Rs 300 crore in Mahindra Electric Automobile Limited (MEAL). Temasek will invest the balance Rs 900 crore as per agreed timeline, M&M said.

Tech Mahindra's former Executive Vice Chairman Vineet Nayyar passed away on Thursday at the age of 85. His former colleague and friend CP Gurnani, also a former Tech Mahindra VC, took to X to share the demise of Nayyar and expressed his grief.

Bikaji Foods International Ltd.(up 5.26%), Vadilal Industries Ltd.(up 4.51%), LT Foods Ltd.(up 4.15%), Sheetal Cool Products Ltd.(up 2.31%), Jyothy Labs Ltd.(up 2.06%), Parag Milk Foods Ltd.(up 1.78%), Marico Ltd.(up 1.32%), Hatsun Agro Products Ltd.(up 1.06%), Umang Dairies Ltd.(up 1.05%) and Adani Wilmar Ltd.(up 0.89%) were among the top gainers.

Yet another American tourist was arrested for carrying ammo into a Turks and Caicos airport on Monday, only a month after another U.S. citizen made international headlines for doing the same.

Karachi, by mentioning India's moon landing mission. The Muttahida Quami Movement Pakistan (MQM-P) leader said that while India is landing on the moon, Karachi is making news of children being killed by falling in open gutters.

international universities with fewer Indian students. Shreya Pattar, founder of Shreya Pattar Ventures, shared her views on X, formerly known as Twitter, stating, «Any Indian student planning to move abroad for higher education should check how many Indian students that university has. The more the number of Indian students, the lower that university should be on your list of places to join. A big Indian community of students doesn’t come with a “homely” feeling.» Think you check all the immigration boxes? Find out

Q4 FY2024 results today: A total of 94 companies are scheduled to post their Q4 FY2024 earnings on May 16, including some of the most notable names in the market. Among them, Biocon, Hindustan Aeronautics, Mahindra & Mahindra, GAIL (India), Crompton Greaves Consumer Electricals, Vodafone Idea, JK Paper, and Endurance Technologies are set to release their financial results for the fourth quarter that ended on March 31.

NEW DELHI : Oil and Natural Gas Corporation has entered the fray to acquire a significant majority stake in Ayana Renewable Power Pvt. Ltd, as India’s largest crude and natural gas producer seeks to bulk up its clean energy portfolio. The state-run ONGC has submitted a non-binding offer for Ayana, which is looking to sell even up to a 100% stake at an equity valuation of about $800 million, said two people aware of the development.

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Government data in Argentina says the country’s monthly inflation rate has eased sharply to a single-digit rate in April for the first time in half a year

The Cannes Film Festival is hallowed ground in cinema but understanding its unique landscape can be confounding

Yemeni authorities have deployed security forces and armored vehicles across the port city of Aden, in preparation for the latest in a series of protests over hours-long electricity outages caused by a shortage of fuel for power stations

The Port of New Orleans’ president and chief executive officer has resigned to pursue an opportunity in the private sector