International Financial News

₹3.5 per share in January 2024. With a consistent dividend payout over the past 15 years and an average dividend yield of at least 2% since 2018, the company is on a solid trajectory. Also, the company is executing several plans that will grow its revenue in the medium term.

oil demand heading into the northern hemisphere summer holiday. Nervousness about the seasonal pickup in oil consumption abounds. It happened in 2023, and it’s happening again this year. But as before, traders’ concerns are misplaced: Oil demand growth is doing just fine. The anxiety is reflected in the price of Brent crude, the global oil benchmark, which has dropped to less than $85 a barrel in recent days, down from about $90 a barrel in April. With the OPEC+ oil cartel meeting on June 1 to decide whether to prolong production cuts, the status of global demand matters. The group should look beyond the current noise and see that consumption remains firm. Admittedly, there are pockets of demand weakness. The middle distillates fuel segment, which includes diesel and heating oil, have seen soft consumption so far this year. But that’s largely due to a warm winter in the northern hemisphere, which reduced heating needs, rather than underlying economic malaise.In the diesel market, the biggest problem isn’t demand, but supply: Renewable diesel and bio-diesel are taking market share more rapidly than expected, in the process magnifying the diesel glut. In February, the last month with monthly data available, biodiesel and renewable diesel accounted for about 8.5% of total US diesel consumption. In 2020, the market share of both was under 1%.

Jyoti Structures Ltd.(up 4.91%), Gujarat Industries Power Company Ltd.(up 4.59%), KPI Green Energy Ltd.(up 3.88%), Torrent Power Ltd.(up 3.87%), NHPC Ltd.(up 2.51%), JSW Energy Ltd.(up 2.29%), Tata Power Company Ltd.(up 2.14%), SJVN Ltd.(up 2.07%), Kalpataru Projects International Ltd.(up 1.94%) and Suzlon Energy Ltd.(up 1.80%) were among the top gainers.

Q4 Results Today: Bharti Airtel, Siemens, Colgate-Palmolive (India), BASF India, Apollo Tyres, and PVR Inox, among 97 companies expected to post their earnings on May 14 for the fourth quarter that ended on March 31, 2024. On May 13, the benchmark indices continued their upward trajectory.

LTTE, a Sri Lankan rebel group commonly known as the Tamil Tigers. This decision was prompted by the group's involvement in violent activities and its aim for an independent Tamil state in Sri Lanka, which posed a threat to India's national security. The ban was part of a broader international effort, as many other countries also proscribed the Tamil Tigers due to their use of terrorism tactics.

1. Maintain a consistent sleep schedule: It's ideal to get at least 7-8 hours of sleep each night. To maintain this, create a consistent sleep schedule.

United Nations was killed in Gaza when the vehicle he was travelling in came under attack in Rafah, making it the “first international" casualty for the organisation since the start of the Israel-Hamas conflict. The individual was a staff member of the United Nations Department of Safety and Security (UN DSS).

Indian personnel working with the United Nations was killed in Gaza when the vehicle he was travelling in came under attack in Rafah, making it the «first international» casualty for the organisation since the start of the Israel-Hamas conflict. The individual was a staff member of the United Nations Department of Safety and Security (DSS). While the identity of the victim has not yet been revealed, sources confirmed to PTI he was from India and a former Indian Army personnel. The Indian personnel killed in Rafah is the «first casualty» among international UN staff in Gaza since the beginning of the Israel-Hamas conflict following the October 7 terror attacks. Another DSS staffer was injured in the incident when their UN vehicle was struck as they travelled to the European Hospital in Rafah.

The vote followed what the union called “over a year of negotiations."

Microsoft has announced its most substantial commitment yet to France

The long-haul carrier Emirates says it saw record profits of $4.7 billion in 2023 as the airline fully took flight after the turbulent years of the coronavirus pandemic disrupted its operations

to resign, state justice officials said Monday. In February 2023, the Oregon Department of Justice began investigating whether employees of the Oregon Liquor and Cannabis Commission improperly used their positions to obtain bottles of top-shelf bourbon for personal use.

International Day of Families 2024 is here. Family is a very important and necessary aspect of everyone's life, be it in childhood, or in the adulthood phase. Family is the base on which our entire life is built. Lucky are those who get supportive and emotionally constructive family members who help in nourishing and uplifting a person and carve them to their best versions. In this regard, the International Day of Families, which began as a tradition back in the year 1994, started by the United Nations, talks about the significance of families across different and all communities of today's world. This year will also see this day being celebrated in high spirits.

box office will be a treat to watch as The Garfield Movie, after a solid international debut, gears up for a stateside clash with Furiosa: A Mad Max Saga in the coming weeks. According to Collider, The Garfield Movie is the first animated film this summer and will take the reigns from Kung Fu Panda 4 as a family entertainer in May. Kung Fu Panda 4 released on May 8 this year and according to a previous ET report, has dominated in its opening domestic weekend itself, and has also surpassed its predecessor Kung Fu Panda 3 in terms of global box office collections.

Competition is hardwired in all competitive sports. But a competition can be rendered mediocre if the outcome is a 'foregone conclusion'. Which is why this season, international football has been so rich. Take English Premier League that's going into its last leg with Arsenal and Manchester City neck to neck in the title race. Across the channel, Champions League has also thrown up the finest to reach the final, but without the 'same old, same old' algorithm at play. This time, CL 'giants' Real Madrid are pitched against 'giant killer' Borussia Dortmund. In EPL, two top sides are duelling it out to the end. This is unlike last year's 'monopoly' when City claimed the crown, with Arsenal No. 2 by a distance. It was only in the latter stages of this year's tournament that Liverpool fell out of contention, and marquee sides like Man Utd and Chelsea made to languish behind the likes of Aston Villa and Newcastle. This is what makes EPL the most exciting football league in the world. Borussia Dortmund ploughing through the CL final on June 1, after beating fellow German giants Bayern Munich and others deemed 'Europe's best', has also catalysed the tournament. The irony isn't lost that in Germany's domestic league, Dortmund languishes at No. 5, with relatively unheralded Bayer Leverkusen having already won their first Bundesliga title, significantly ahead of 32-times winner Bayern. This, too, is good for the league.

Public sector banks (PSBs) will identify one "champion sector" in their business plans, to expand significant presence in it by developing specific sector capabilities, said officials. The lenders will also look to design tailored products for segment-specific lending and build internal capacities such as stress testing and early warning signals, they said. «We are discussing these metrics with PSBs as part of their business roadmap till 2026-27,» said one of the officials, who did not wish to be identified. This initiative is part of the Viksit Bharat (developed nation) strategy for PSBs, which includes onboarding sector-specific advisors and developing credit underwriting models to expedite loan approvals. The move seeks to complement the government's efforts under the Production Linked Incentive scheme that seeks to develop manufacturing capabilities in select identified areas. «Banks will focus on non-traditional sectors and collaborate to leverage the expertise developed among them,» said another official.

Gold price declines ahead of US inflation data, silver gains marginally The previous session also saw a lift in oil prices to a one-week high, supported by reports of increased crude oil imports in China during April. Furthermore, investors interpreted the cooling U.S.

₹2,518 crore for FY24, up 61.8% on year, on the back of robust growth in its loan portfolio and a rise in net interest income (NII). The Mumbai-headquartered financial institution, which finances, facilitates and promotes India's international trade, said its total business for FY24 stood at ₹3.4 trillion, up 17.8% annually.

₹700 crore ($85 million) in brownfield expansion through FY25. This capital expenditure (capex), she revealed, will mostly be assigned towards the contract development and manufacturing organisation (CDMO) segment of the company. “The plan for the next year will be to uphold our continued focus on revenue growth, brownfield organic expansion, Ebitda and net debt to Ebitda ratio improvement.

DLF Ltd on Monday reported a 62 per cent increase in its consolidated net profit to ₹920.71 crore in the quarter ended March on higher income amid strong housing sales. Its net profit stood at ₹570.01 crore in the year-ago period. Total income rose to ₹2316.70 crore in the fourth quarter of 2023-24 fiscal from ₹1,575.70 crore in the corresponding period of the previous year, according to a regulatory filing.

services platform Urban Company has clocked its maiden profit before tax (PBT) for the month of April this year, cofounder and chief executive Abhiraj Singh Bhal, said in a post on X, earlier known as Twitter, on Monday.