International Financial News

18.04 / 20:59

COST economy wellness reports Department International IMF sounds alarm on ballooning US national debt: 'Something will have to give'

Congressional Budget Office director Phillip Swagel analyzes where lawmakers stand to slow down debt growth.

18.04 / 20:54

Aware Manufacturing security Sustainability Fitch Trade International JSW Steel raises $900-million loan from eight foreign banks

JSW Steel, India's largest manufacturer of the alloy, has raised $900 million from a consortium of eight foreign banks to refinance debt maturing this month and pre-pay some high-cost borrowings. The loan was priced 180 basis points above the international secured overnight financing rate (SOFR) earlier this month, multiple people aware of the details said. One basis point is a hundredth of a percentage point. Eight banks — Singapore's DBS Bank, France's BNP Paribas, UK-based HSBC and Standard Chartered, UAE's Mashreq Bank and First Abu Dhabi Bank, Japan's Sumitomo Mitsui Banking Corp (SMBC) and Taiwan's CTBC Bank — are the joint underwriters for the loan.

18.04 / 17:51

UPS Provident security International cricket PBKS vs MI IPL 2024: Rohit Sharma breaks Kieron Pollard's record for most sixes for Mumbai Indians

PBKS vs MI 2024 IPL: Rohit Sharma has been in terrific form in IPL 2024 as the batter slammed his second IPL century against Chennai Super Kings (CSK) and scored a crucial 36 against Punjab Kings (PBKS). With Thursday's innings, Rohit Sharma crossed a massive milestone as he surpassed Kieron Pollard's record to score maximum sixes for Mumbai Indians. Rohit Sharma's record came during a wonderful knock in the 33rd match of IPL 2024 at the pitch of Maharaja Yadavindra Singh International Cricket Stadium, Mohali.

18.04 / 17:13

markets COST ICE Opinion Food War International Opinion: Ben & Jerry’s woke chickens are coming home to roost

Ice cream maker Ben & Jerry’s is perhaps the world’s most aggressively “woke” brand. By running campaigns on international geopolitics, immigration policy and culture war issues, Ben & Jerry’s has made a name for itself as a taboo-smasher willing to serve dessert with a side of aggressive virtue-signalling.

18.04 / 16:17

CEO Tesla reports International Top News on April 18: Infosys results, Lok Sabha polls, Tesla job cuts and more

₹7,975 crore in the March quarter, while total revenues came in at ₹37,923 crore. The company said its revenues in constant currency (CC) terms remained flat year-on-year (YoY) and declined by 2.2% sequentially. The company also saw its American Depository Receipt shares plummet on the New York Stock Exchange on Thursday evening.

18.04 / 15:27

track reports International Bank of England's Andrew Bailey: UK is 'on track' to tame inflation - reports

Bailey said the UK is now in a «pronounced period» of disinflation in a speech given at the Institute of International Finance in Washington DC, according to reports from the FT. Following the higher than expected inflation figures from the US, Bailey explained that «there is more demand-led inflation in the US», while «European inflation dynamics are somewhat different». He added that there will be a steep decline in next month's UK inflation figures. Bank of England's Andrew Bailey: Rate cuts are 'in play' for MPC meetings this year Bailey's comments follow the release of March's...

18.04 / 12:09

markets WhatsApp Trade Updates International Stock market update: Nifty Auto index falls 0.84%

Shares of Samvardhana Motherson International Ltd.(up 1.29 per cent), Bajaj Auto Ltd.(up 1.15 per cent), Bharat Forge Ltd.(up 0.48 per cent) and Sona BLW Precision Forgings Ltd.(up 0.02 per cent) ended the day as top gainers in the pack.

18.04 / 12:07

UPS Provident Digital wellness information International Global police agencies take down massive scam website that defrauded thousands of victims

A huge fraud website used by thousands of criminals to trick people into handing over personal information such as email addresses, passwords, and bank details, has been infiltrated by international police.

18.04 / 07:15

Waters Highways country cover reports International Dubai airport says flood recovery ‘will take some time’ after record rain

heaviest rain ever recorded there after a deluge flooded out Dubai International Airport, disrupting flights through the world’s busiest airfield for international travel.The state-run WAM news agency called the rain Tuesday “a historic weather event” that surpassed “anything documented since the start of data collection in 1949.” That’s before the discovery of crude oil in this energy-rich nation then part of a British protectorate known as the Trucial States.Rain also fell in Bahrain, Oman, Qatar and Saudi Arabia. However, the rains were acute across the UAE.One reason may have been “cloud seeding,” in which small planes operated by the government fly through clouds burning special salt flares.

18.04 / 07:09

Provident Dreams Election President love actress International Lok Sabha Elections 2024: ‘Joined politics for…,’ Hema Malini says she is Lord Krishna's ‘gopi’

PTI . The Mathura MP referred to herself as the "Gopi of Krishna" and said that since Lord Krishna loves the "Brijwasis," she believes that he will shower his blessings on her only if she serves them sincerely.

18.04 / 06:59

markets Blockchain UPS ICO rights International Solana’s (SOL) Struggle Continues, Buy the Dip? dogwifhat (WIF) Loses Ground; InQubeta (QUBE) Prepares For Huge Surge

The frenzy around Solana (SOL) seems to be declining. It can’t always go up, right? The network has been facing challenges, notably its failure to handle a surge in transaction requests. This resulted in an outage and the token’s price approaching support levels.

18.04 / 06:45

markets Waters Food Nestle reports Courts International Nestlé Controversies: From sugar in baby food to Maggi ban, we look at top 8 concerns in India and abroad

Nestlé hit headlines this week for the sugar content in its baby food sold in developing countries. Nestlé India was found to have included sugar and honey in infant milk and cereal products such as Cerelac, as per a Guardian report. Responding to the concerns, Nestlé India told Mint has reduced up to 30 percent of added sugars across its infant cereal range over the past five years.

18.04 / 04:35

Man security Netflix country Inside reports International 'Netflix worthy': Six arrested, look out for three in what is being called Canada's biggest-ever gold heist

arrested and three more arrest warrants have been issued for suspects in a gold heist at Toronto’s Pearson International Airport's cargo facility in April 2023, AFP reported. Termed as "the greatest gold heist in Canadian history" by officials, little of the stolen 6,600 gold bars worth Can$20 million ($15 million) has been recovered, it added. Further, Can$ 2.5 million in foreign banknotes was also stolen in the same heist.

18.04 / 02:19

Provident Digital Platform Instagram innovations Schools International acquires Dailyhunt parent acquires Magzter, grows revenue from ads to subscriptions

VerSe Innovation, the parent firm of online news aggregator Dailyhunt and short-video platform Josh, on Wednesday said it has acquired New York-based digital magazine store Magzter. Founded in 2011, homegrown Magzter is a cross-platform, self-service, global digital newsstand with a library of over 8,500 premium magazines and newspapers. The deal, financials of which went undisclosed, marks Dailyhunt’s foray into premium content.

18.04 / 02:19

UPS Waters Highways information reports International Dubai roads, airport reel from floods after record rains

Dubai's giant highways were clogged by flooding and its major airport was in chaos as the Middle East financial centre remained gridlocked on Wednesday, a day after the heaviest rains on record. Tailbacks snaked along waterlogged, six-lane expressways after up to 259.5 millimetres (10.2 inches) of rain, the most since records began 75 years ago, fell on the desert United Arab Emirates on Tuesday.

18.04 / 02:05

COST Reuters Google reports Department International Google lays off employees, shifts roles abroad to hubs in India, Chicago, Atlanta, Dublin amid cost cuts

laying off an undisclosed number of employees as the technology giant cracks down on costs, a company spokesperson said as reported by Reuters. According to the Google spokesperson, the layoffs are not company-wide. The impacted staff will have the chance to seek for internal roles, the spokeswoman added.

17.04 / 22:38

awards film Oscar social Features rights International Participant, studio behind 'Spotlight,’ ‘An Inconvenient Truth,’ shutters after 20 years

Participant, the activist film and television studio that has financed Oscar winners and socially conscious documentaries, is closing its doors after 20 years

17.04 / 22:37

COST Provident Airlines Nov reports International Arrests made a year after gold and cash worth millions were stolen at Toronto airport

Authorities in Canada say they have made arrests in the theft of a cargo container that included gold and other items worth over 20 million Canadian dollars — about $14.5 million — that were stolen from Toronto’s Pearson International airport a year ago

17.04 / 22:37

Waters security Freedom social reports rights International US navy flies aircraft through the Taiwan Strait a day after US-China defense chiefs hold rare talks

The U.S. 7th Fleet says a Navy P-8A Poseidon has flown through the Taiwan Strait

17.04 / 22:37

UPS Airlines Netflix Bill country Courts International 9 facing charges in Canada's biggest gold theft in the country's history

Canadian police say nine people are facing charges in the biggest gold theft in Canadian history from Toronto’s Pearson International airport a year ago

17.04 / 20:09

WhatsApp Bill country International Crude import bill down 16% in FY24; dependence increases marginally to 87.7%

India cut its crude oil import bill by 16% YoY to $132 billion in 2023-24 even though volumes remained the same, according to the oil ministry data. The country imported 232 million metric tonnes (MMT) of crude oil in 2023-24. Domestic crude oil production was 29 MMT, little changed from the output in the previous year. Brent, the international crude benchmark, averaged $82 per barrel in 2023-24, lower than $96 per barrel in the previous year. Imports of refined petroleum products fell 13% to $23 billion while exports fell 17% to $47 billion on lower prices.

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