International Financial News

Former Tesla board member Steve Westly joins ‘Varney & Co.’ to break down the automakers' 1Q delivery report and its potential impact on the stock market.

By Deepak Sood

Have you ever struggled to pay a credit card bill if the due date is around the last day of the month? This, typically, happens when one is short of funds in the final days of the month, as the next month’s salary is awaited. Currently, the due date is fixed at the time of issuance of the card and to date there has been no flexibility or option for the cardholder to fix the due date. Now, cardholders will have the option to set their payment due date.

The European Union and UK have been world leaders for implementing policy to promote clean energy technologies, but their crown is starting to slip.

NEW DELHI : Vodafone Idea expects its ₹18,000-crore follow-on public offer to have maximum subscription with the share of anchor investors being fully subscribed, even as India’s No. 3 telecom carrier began its roadshow for individual investors. “We’ve had an extensive roadshow with all international and domestic institutional investors.

Supreme Court on Monday refused to entertain a plea seeking voting facilities for around 18,000 people displaced internally due to the ethnic strife in Manipur for the upcoming Lok Sabha elections. The polling for the two Lok Sabha seats of Manipur will be held in two phases on April 19 and 26. A bench comprising Chief Justice D Y Chandrachud and justices J B Pardiwala and Manoj Misra said interference of this court, particularly at this belated stage, would cause substantial impediments in the conduct of the ensuing general elections of the Lok Sabha for Manipur. «You have come at the last minute. At this stage, what can be virtually done? We cannot interfere at this stage,» the bench said.

Tesla will lay off more than 10% of its workforce, tech publication Electrek reported on Monday, citing an internal memo. The world's largest auto-maker by market value had 140,473 employees globally as of December, according to its latest annual report.

The Nigerian government has traced the whereabouts of Nadeem Anjarwalla, a high-ranking executive of Binance, to Kenya. 

Lok Sabha seat, a blend of urban and rural areas, includes Yelahanka, Kempegowda International Airport, and the Foxconn campus, alongside industrial areas like Bashettihalli, Nandagudi, and Dabaspet. Persistent Water Woes Voters in Chikkaballapur and Bengaluru Rural regions are disillusioned with their representatives, past and present, for failing to address the longstanding water issues. The lack of a permanent solution has been a major concern for the residents.

Oman News Agency. The expatriate who died was identified as Sadanandan, a Kollam native, after a wall collapsed on him, according to Onmanorama.com.

Ambuja Cements on Monday said it will acquire My Home Group's cement grinding unit at Tuticorin in Tamil Nadu for a total value of Rs 413.75 crore. The company — a part of the Adani Group — has signed a definitive agreement to acquire the cement grinding unit of the My Home Group, which has a capacity of 1.5 MTPA, Ambuja Cements said in a statement. «The acquisition estimated at a total value of Rs 413.75 crore through internal accruals will aid in enhancing the coastal footprint across southern markets of Tamil Nadu and Kerala,» it added. The total cement capacity of Adani Group stands at 78.9 MTPA, the company said.

Israel and its allies shooting down a fusillade of Iranian missiles and drones this weekend, many began wondering what the latest exchange between Israel and Iran would mean for the war in the Gaza Strip. The Iranian attack was retaliation for what was widely believed to be an Israeli strike this month on an embassy building in Damascus, Syria, that killed seven Iranian officials, including three top commanders in Iran's armed forces. But it occurred against the backdrop of the war in Gaza, where Israel is battling Hamas, a militant group funded and armed by Iran. Israeli military analysts were divided on whether a more direct confrontation with Iran would alter the war in Gaza, now in its sixth month. The next fulcrum in that war could hinge on whether Israel decides to pursue Hamas in the southern city of Rafah, where more than 1 million Palestinians have fled amid a spiraling humanitarian crisis.

Transformers & Rectifiers(India)Ltd.(up 4.81%), PTC India Ltd.(up 1.76%), CESC Ltd.(up 1.25%), Power and Instrumentation(Gujarat)Ltd.(up 0.77%), Adani Power Ltd.(up 0.69%), Inox Wind Energy Ltd.(up 0.51%), Karma Energy Ltd.(up 0.46%) and NTPC Ltd.(up 0.34%) were among the top gainers.

recycled." A «sustainable» airline ticket. More and more, big brands are using taglines like these to cater to their green-minded customers. And more and more, they are under fire from courts and regulators for making climate promises they can't keep. Researchers at the Grantham Research Institute on Climate Change and the Environment last year identified «an explosion of 'climate-washing' cases,» using existing national laws and regulations. Between 2020 and 2022, the most recent year for which statistics are available, the number of cases challenging the «truthfulness of corporate climate commitments» more than doubled, their tally found.

TCS, Vedanta, Ambuja Cements, ACC, Yes Bank, DLF, are a few stocks likely to be in focus on Monday, April 15.Sensex Today Live : The Indian stock market indices, Sensex and Nifty 50, are projected to commence on a lower note on Monday, mirroring the losses in global markets due to the ongoing Iran-Israel conflict.The Gift Nifty trends also suggest a gap-down opening for the Indian benchmark index. The Gift Nifty was observed trading around the 22,460 level, marking a discount of nearly 140 points from the previous close of Nifty futures.On the previous Friday, the Indian stock market indices each closed a percent lower, pulled down by widespread selling amid unfavorable global cues.

Iran's attack on Israel is expected to send global crude oil prices higher as war premium gets built in but retail fuel prices in India will likely stay unchanged due to general elections starting later this week, industry executives said. Brent, the international crude benchmark, has sprinted to $90 per barrel from $80 in just about a month on escalating tensions between Iran and Israel. «A war premium may quickly show up in oil prices in the paper market. Heightened tension in oil supply zone or main oil transit zones may also cause increases in crude oil transport and insurance costs,» said Mukesh Surana, CEO of Ratnagiri Refinery & Petrochemicals Ltd. In oil industry parlance, paper market refers to a financial marketplace where future oil delivery contracts are traded. «If the situation escalates further to the extent that it starts impacting physical supplies through the Strait of Hormuz, it will impact the global supply situation and can have a sharper impact on prices in the short term,» said Surana, formerly chairman of HPCL.

Pattaya or a spa in Bangkok? Well, that could be a reality if India can pull off a currency deal with Thailand, which has emerged as one of the preferred destinations for holidays, conferences and corporate offsites, especially since the visa relaxation last year. Now, there are early signs that the government and the Reserve Bank of India (RBI) may be pondering over popularising the local unit in the South-East Asian country. The central bank recently asked banks to share their inputs and expectations on the level of transactions linked to Thailand. Authorised dealer banks issuing foreign exchange have a fair idea of travellers’ destinations, besides having latest information on international card spends and trade invoices. “They have asked for our feedback. I think there are plans of some rupee arrangement with Thailand. It’s in the early stages, as far as we can make out,” a senior banker told ET.

Iceland has stood out as a catcall for Indian football fans. With a population of 3.82 lakh — about the population of Latur in Maharashtra in 2011 — its national football team features regularly in the highly competitive stratosphere of European tournaments. In the 2018 World Cup, it reached the group stage, drawing with Argentina in their opening match.

at Israel, on Saturday night, in what is being called first direct clash between the two enemy nations engaged in a shadow war for years. Until now, Iran had been involved in the war through its proxies. Iran's Islamic Revolution Guard Corps (IRGC) said the attack was aimed at specific targets.’ Earlier, country’s supreme leader Ayatollah Ali Khamenei had vowed to ‘retaliate’ after an alleged Israeli strike on April 1 on its consulate in Damascus, Syria killed seven IRGC officers, including a top commander Mohammad Reza Zahedi.

Israel late Saturday, warning the attack threatened to further destabilise the Middle East. Here are some of the main reactions so far:

MI vs CSK IPL 2024: Rohit Sharma delighted fans by temporarily taking on the role of a bus driver for his team, Mumbai Indians (MI). This playful act occurred as the team returned from their practice session at the Wankhede Stadium. MI will take on their archrivals Chennai Super Kings (CSK) in an IPL 2024 encounter on April 14.