International Financial News

Kharge on Saturday claimed the BJP, according to an internal survey of the RSS, will not win even 200 seats in the forthcoming Lok Sabha polls and won't cross even eight seats in the state. Accusing Union Home Minister Amit Shah of «lying», for his recent statement alleging delay on the part of the state government in submission of a proposal to the Centre seeking drought relief, he said Shah should have been the «Minister of misinformation». «RSS' internal survey says they (BJP) won't get even 200 seats. RSS is saying it. In the state, they won't cross even eight seats. How will they win, in fourteen to fifteen seats there is internal fighting (in BJP),» Kharge claimed. Speaking to reporters here, he said several senior BJP leaders are even speaking about the need to cleanse the party.

climate change impact as it has developed many indigenous heat-resistant and short-duration seed varieties, according to agri-scientists. India is the second and Pakistan is the eighth largest wheat-producing country in the world. While India is self-sufficient in wheat output, the latter imports 2-3 million tonnes. One of the reasons behind Pakistan still being dependent on imports to meet domestic requirements is its failure to develop indigenous varieties of climate-resilient seeds. Presently, the harvesting of wheat crops is underway in both countries. India has projected wheat output to touch a new record of 114 million tonnes in the 2023-24 crop year (July-June), while Pakistan has set an ambitious target of 32.2 million tonnes from an area of 8.9 million hectares.

Read more here Pakistan on April 6 reportedly denounced remarks made by Defence Minister Rajnath Singh as “hateful rhetoric to fuel hyper-nationalistic sentiments", and “unapologetically exploit discourse for electoral gains". “Such myopic and irresponsible behaviour not only undermines regional peace but also impedes the prospects of constructive engagement in the long term. India's assertion of it preparedness to extra-judicially execute more civilians, arbitrarily pronounced as terrorists, inside Pakistan constitutes a clear admission of culpability," the Ministry of Foreign Affairs, Pakistan in an official statement.

Singapore and India rose to USD 35.6 billion in 2022-23, a growth of 18.2 per cent on the year, a senior diplomat at the Indian High Commission here said on Saturday. Singapore is India's eighth largest trade partner (2022-23), with a share of 3.1 per cent of India's overall trade, T Prabakar, the First Secretary (Commerce) at the high commission said. He was addressing the Institute of Company Secretaries of India (ICSI) Third International Conference being held in Singapore from April 5-6. Trade between Singapore and India saw a growth of 18.2 per cent in the year and rose to USD 35.6 billion in 2022-23, Prabakar said.

Indian economy could grow at 8 per cent till 2047, while the IMF distanced itself from Subramanian's growth projections of Indian economy. On Saturday, Subramanian hit back at the Washington-based financial body saying the staff at the International Monetary Fund has consistently been ‘INACCURATE’ about India's growth estimates during hid tenure at IMF. “During my tenure at IMFNews (since Nov-22), IMF staff’s estimate of India’s growth rate has been consistently INACCURATE," the IMF official wrote in a post on X (formerly Twitter).

mutual fund scheme, investors often examine the past returns of that scheme and compare them with the similar schemes that fall under the same category. Although past returns do not guarantee the future returns, investors invariably give a lot of emphasis to them. Here, we list out the top-performing mutual funds in the category of fund of funds (FOFs) investing in overseas schemes.

Ontario, Canada, known as a top destination for international students, is anticipated to experience a lesser decline in new study permits than previously projected. Ontario is poised to experience the steepest drop in study permits issued in Canada. Official data unveiled on Friday shows permits plummeting to 141,000 this year from 239,753 in 2023 — a 41% reduction. This figure, however, is an improvement from earlier forecasts by Prime Minister Justin Trudeau's government, which initially anticipated a roughly 50% decrease due to the implementation of a student cap announced in January. Click & check your eligibility for immigration Find out Also Read| Canada plans to reject 606,000 study permits in 2024. Here are the calculations behind its international stdent cap

Canada has finally revealed details about its plan to curb the number of study permits each province issues to international students for the next two years. Canada has said it plans to decrease number of new international student permits issued, and the target for approved study permits for the year 2024 has been established at 485,000. “On January 22, I announced a national cap on study permit applications to address the rapid increase of international students in Canada. Provincial and territorial allocations for 2024 have now been finalized. I would like to take this opportunity to share those figures and explain how we made these decisions," Immigration Minister Marc Miller said in a statement. Are you immigration ready? Find out Introducing the Net Zero First Year Growth Model

₹915.00. In the past 1 day, the Mentha oil rate on MCX has decline 0.6% from ₹925.70 to ₹915.00.Mentha oil is an essential oil obtained from a mint plant and India is one of the leading producers and exporters of mentha oil. Mentha oil is used in food, pharma, soaps, and other skincare/personal care products.

Gold and silver rates today: Despite the rise in the US dollar rates, gold and silver prices continue flirting with record highs throughout the week on US Fed rate cut buzz. Gold futures contract on the Multi Commodity Exchange (MCX) for June 2024 expiry climbed to a new peak of ₹70,699 per 10 gm on Friday. Silver rates too climbed to a new peak of ₹81,030 per kg on the last session of the week gone by.

Government of India had tried to use its proxy agency in Canada in 2021, according to an unclassified summary written by the CSIS. Similarly, the Government of Pakistan had also attempted to “clandestinely influence" the Canadian politics in 2019, Canada's foreign intelligence agency wrote as quoted by cbc.ca. The documents submitted as part of the federal commission inquiry into foreign influence contain stark assessments — potential interference in Canada's elections by India, China, Russia, and other countries.

It’s no secret that the wealth management industry faces a head count problem driven by a wave of expected retirements of older advisors, a trend that continues to generate discussions and worries within the industry. One of the key strategies that will help ensure the future of financial planning advice is attracting and retaining talent.

Aiden Markram struck a brisk half-century as Sunrisers Hyderabad overcame some late jitters to beat Chennai Super Kings by six wickets in the Indian Premier League on Friday. The South African batsman hit four fours and a six in his 50-run knock to help Hyderabad overhaul Chennai's below-par total of 165-5 with 11 balls to spare at the packed Rajiv Gandhi International stadium. The victory lifted Hyderabad to fifth place in the 10-team competition with two wins from four games.

New York earthquake: After the strongest earthquake in 140 years rattled New York on Friday, the Federal Aviation Administration (FAA) said the 4.8 magnitude earthquake may impact air traffic in several areas. The aviation agency also put a pause on flights for the city till noon, while warning passengers of 30-40 minutes delay in New York flights. "A 4.8 magnitude earthquake in New Jersey may impact some air traffic facilities in New York, New Jersey, Philadelphia and Baltimore.

United Nations, India on Friday abstained in the UN Human Rights Council on a resolution that called for an immediate ceasefire in Gaza and also demanded that Israel immediately lift its illegal blockade on the strip. The draft resolution on the 'Human rights situation in the Occupied Palestinian Territory, including East Jerusalem, and the obligation to ensure accountability and justice' was adopted by the Geneva-based Council with a vote of 28 in favour, 6 against and 13 abstentions. India abstained on the resolution, along with France, Japan, Netherlands, and Romania among others. Those voting against the resolution included Argentina, Bulgaria, Germany and the US.

(This story originally appeared in on Apr 05, 2024)

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UPI) having gained massive popularity for an array of transactions, depositors will soon be able to use this phone banking interface service to deposit cash at cash deposit machines (CDMs) at ATMs and bank branches. Although it is a natural progression in the continuum of fintech evolution we are all witnessing, it still came as a pleasant surprise when Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Friday at the culmination of bi-monthly monetary policy committee (MPC) meeting. “The RBI's proposal for UPI cash deposits is a material leap forward.

Marico stock rises 3% after company reports gradual uptick in Q4 growth Notably, Tanishq expanded its presence by inaugurating new stores in Dubai and Chicago (USA) during the quarter. Within India, out of the 27 new store additions (net), Tanishq accounted for 11, while Mia contributed 16 new stores to the network. The domestic business of Watches & Wearables experienced a solid annual growth of approximately 7%.

B Capital, which has backed the likes of Byju’s, Meesho and Pharmeasy in India, has announced two appointments to further expand its climate investment practice. Rich Lesser, global chair and former CEO of Boston Consulting Group (BCG), has joined as vice chair, climate & sustainability and senior advisor, as per a statement.