International Financial News

Pedro Sanchez warned Wednesday that Israel's «disproportionate response» in the Gaza war with Hamas risks «destabilising the Middle East, and as a consequence, the entire world». Sanchez also insisted that the recognition of a Palestinian state, long resisted by Israel and its key allies, is «in Europe's geopolitical interests». Sanchez had already raised the subject of statehood during a visit last week to Jordan, Saudi Arabia and Qatar, when he told reporters that Spain could recognise Palestine as a nation by the end of June.

«In addition to the benefits offered in the form of rewards or cashback, Rupay credit cards will also be enabled for UPI payments, making digital transactions more convenient for cardholders. However, linking credit cards to UPI is an added advantage and should not be the sole deciding factor for card selection. Consumers should consider the overall value-back offered in their preferred spending category before choosing a card. Linking credit cards to UPI certainly makes digital payments easier for the user; however, it could also increase the risk of overspending. Hence, cardholders must monitor their purchases regularly and spend only as much as they can afford to pay back on time,» explains Rohit Chhibbar, Head of Credit Cards Business, Paisabazaar. Also read: RuPay credit cards on UPI in HDFC Bank, ICICI Bank, SBI and others: Annual fees, interest rate, key features

Nationhood is constituted by people who share a «common sense of their history» and a «common vision of their future», National Security Advisor Ajit Doval said as he released an 11-volume book series on ancient India. Addressing a gathering at the launch of the series at the Vivekananda International Foundation here on Tuesday, the NSA said, «People who have got a different sense of history, 'if my hero is your villain', you and I cannot make a nation.» Describing India as a "civilisation of antiquity" and «civilisation of continuity» spanning thousands of years, Doval also said that it was a «paradox» that the narrative that has been brought is that probably, «the first chapter about Indian history in any western, this thing… is that it starts with Alexander».

Europe’s highest human rights court has ruled that its member nations must better protect their citizens from the consequences of climate change

Six northern Europe countries bordering the North Sea have signed an agreement to work together to protect underwater infrastructure in the northern part of the Atlantic Ocean from an increased risk of sabotage

Many other past Olympic hosts around the world have decided in recent years that bringing back the Games isn’t worth the money or hassle

Japanese Prime Minister Fumio Kishida has begun his much-anticipated visit to Washington

Treasury Secretary Janet Yellen and her team are returning to Washington after a visit to China where they tried to tackle the biggest economic issues between the countries

Venezuela’s government says the country’s former oil minister has been arrested on allegations of corruption

The U.S. Postal Service is planning a rate increase that would raise the price of a first-class stamp from 68 cents to 73 cents

₹341.75 apiece on Wednesday following the company's announcement of signing a significant multi-million-dollar deal with Korean Air, the largest airline in Korea. The deal entails providing technological support for Korean Air's new engine maintenance complex.

The killing of three private security contractors in last week’s Israeli strike on an aid convoy in Gaza shined light on an industry that in recent years has shifted from working for military forces to helping protect humanitarian organizations that operate in conflict zones. John Chapman, James Henderson and James Kirby—employees of Solace Global, a U.K.-based security and risk-management company—were among seven who were killed when Israeli drone strikes hit the convoy organized by World Central Kitchen, a humanitarian group founded by chef José Andrés.

How a domestic rating agency wants to take on the big guns China's finance ministry called the Fitch rating "regrettable". "From the results, it can be seen that the indicator system of Fitch's sovereign credit rating methodology has failed to effectively and proactively reflect" Beijing's efforts to promote economic growth, it said.

₹2,043 crore from a year earlier, as per the company's latest filings sourced from Tofler. Fractal Analytics reported a profit of ₹194 crore in FY23 from a loss of ₹148 crore a year earlier. It benefited from an exceptional item gain from the loss of control of a subsidiary company, as per the company's filings.

Zetwerk on Wednesday said it has earmarked Rs 1,000-crore investment for expanding its electronic manufacturing capacity across IT hardware, television, mobile phones, hearable and wearable product segment. The company aims to be the leading ODM (original design manufacturer) and electronics manufacturing services provider in the mobile phones, hearable and wearable space. «The company is now producing one device a second from its factories. It has earmarked Rs 1,000 crore investments to grow its Electronics business,» Zetwerk said in a statement.

NLC India Ltd.(up 4.82%), Jyoti Structures Ltd.(up 4.00%), Transformers & Rectifiers(India)Ltd.(up 3.18%), Kalpataru Projects International Ltd.(up 3.08%), Suzlon Energy Ltd.(up 2.94%), Energy Development Company Ltd.(up 2.39%), JSW Energy Ltd.(up 1.87%), Indo Tech Transformers Ltd.(up 1.69%), PTC India Ltd.(up 1.50%) and Orient Green Power Company Ltd.(up 1.17%) were among the top gainers.

US Secretary of State Antony Blinken, who criticised the international community for failing to hold Hamas accountable. Both officials insisted that Israel must guarantee long-term improvements to the humanitarian situation in the Gaza enclave.

PB Fintech share price jumped over 7% to touch a 52-week high on Wednesday's trading session following the company's announcement on April 9 that it had incorporated its wholly-owned subsidiary PB Pay Private Limited. PB Fintech share price today opened at ₹1,350.50 apiece on BSE.

NDTV has reported. Though the official names are yet to be out, here is the list of some probable players who can be included in the 15-member squad.

Last week, Prime Minister Narendra Modi asked the Reserve Bank of India (RBI) to prepare a 10-year strategy to make the Indian rupee a globally “accessible and acceptable" currency. Since the Indian economy is expected to be among the world’s three biggest national economies in less than a decade, with only China’s and America’s larger than ours, it is easy to grasp why such an aim might beckon. It’s more than a matter of prestige.

Buy or sell stocks for today: The 30-share BSE Sensex breached the historic 75,000-mark for the first time in the previous session, while the NSE Nifty 50 also hit its fresh lifetime high of 22,768.40, before both domestic equity benchmarks settled in the red dragged by profit-booking and weak global cues. Investors await the US inflation data, which due later in the evening today, while expectations of Fed rate cuts have been easing over strong macro data and sticky inflation in the world's largest economy.