International Financial News

diesel exports fell 25% year-on-year in the first 11 months of this financial year to $20 billion as prices in the international markets softened. The export volume increased marginally to 26 million metric tonnes (mmt) from 25.8 mmt during the April 2023-February 2024 period, according to the petroleum and natural gas ministry data. Petrol exports fetched $10 billion during this period, about 13% less than a year earlier. In volume terms, however, petrol exports increased 4% to 12.1 mmt.

Stocks are holding relatively steady as Wall Street coasts into the close of its latest winning month and quarter

The former Gucci designer Alessandro Michele has been named the new creative director at Valentino, following the sudden departure last week of Pierpaolo Piccioli after 25 years

B. Riley Financial Inc., the boutique investment bank facing questions about its dealings with a former business partner, gained extra time from lenders to provide its audited 2023 financial statements. 

Mint explains what all of this means for investors and the wider market. T+0 settlement simply means trades are settled on the day they are executed. That is, investors receive their securities or funds within hours rather than having to wait a day, as with the current T+1 cycle.

Axis Bank customers have faced fraudulent transactions, as some of them have highlighted their concerns on social media.

Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 3.58%), Bohra Industries Ltd.(up 2.45%), Madhya Bharat Agro Products Ltd.(up 1.20%), Rashtriya Chemicals & Fertilizers Ltd.(up 0.44%), Zuari Agro Chemicals Ltd.(up 0.33%), Coromandel International Ltd.(up 0.22%), Sikko Industries Ltd.(up 0.08%) and Khaitan Chemicals & Fertilizers Ltd.(up 0.08%) stood among the top gainers.

capital on Thursday amid strong trends in the international markets, according to HDFC Securities. Extending its gains for the second straight session, the price of the precious metal had settled at Rs 67,000 per 10 grams in the previous trade. Silver also jumped Rs 200 to Rs 77,450 per kg. In the previous close, it had ended at Rs 77,250 per kg.

Good Glamm Group, a leading direct-to-consumer (DTC) beauty and personal care company, has appointed Kamal Lath as its group chief financial officer. A Harvard Business School alumnus, Lath has over 23 years of experience across diverse industries and global exposure with expertise in finance, strategy, and leadership to his new role, the company said in a press release on Thursday. As group CFO, Lath will play “a pivotal role in shaping the company's next phase of growth”, it said.

The Hague Conference on Private International Law (HCCH) has initiated a project on digital asset tokenization. It aims to bring legal clarity to cross-border businesses engaging with digital assets.

Russian government bodies, the nation’s anti-money laundering agency, and the Central Bank have reportedly “come to a consensus” on crypto policy.

India protests Germany's remark on Arvind Kejriwal's arrest: 'Most unwarranted' But the firm counter launched by MEA reaped results as German spokesman yesterday refused to share any details about the summoning in Delhi and also chose not to comment on the case. After Germany, US reacts to Kejriwal's arrest: 'Encourage timely legal process’ The spokesman stated : “Have commented on the case.

unemployment in India over the last couple of decades. The remarks by the former Chief Economic Advisor (CEA) to the Government of India are about the India Employment Report 2024, published by the International Labour Organisation (ILO) and the Institute of Human Development (IHD). Describing it as a “new worry for educated youth in India", Basu wrote on X (formerly Twitter), “Share of those with secondary & more education in total unemployed youth has jumped from 35.2% (2000) to 65.7% (2022).

Dividend stocks: Shares of SBI Cards and Payment Services Ltd, REC Ltd, CRISIL Ltd, R Systems International Limited, Standard Industries Ltd, Thinkink Picturez Ltd, Aditya Vision Ltd, Housing & Urban Development Corporation Ltd, Prithvi Exchange (India) Ltd, Dhatre Udyog Ltd, Lorenzini Apparels Ltd, and Persistent Systems Ltd will be in focus when the stock market opens on March 28 (Thursday). The Board of Directors of the 12 companies have declared interim dividend, special dividend, final dividend, stock split, and bonus issue for their eligible shareholders. ALSO READ: Midcap stocks to buy: These 12 stocks can rise 14-37% in the next one year The record date by the 12 companies to ascertain the eligibility of shareholders for their respective issues has been fixed on March 28.

Arvind Kejriwal, Washington on Wednesday again stressed that it encourages fair, transparent, timely legal processes and “we don't think anyone should object to that". While addressing a press briefing, Miller was asked about India's summoning US diplomat Gloria Berbena, he said, “We continue to follow these actions closely, including the arrest of Delhi CM Arvind Kejriwal. We are also aware of the Congress party's allegations that tax authorities have frozen some of their bank accounts in a manner that will make it challenging to effectively campaign in the upcoming elections." "And we encourage fair, transparent and timely legal processes for each of these issues," he added.

Companies are pressing ahead with building and deploying artificial intelligence applications, even as the regulatory landscape remains in flux. European lawmakers this month approved the world’s most comprehensive legislation yet on artificial intelligence, although other regions, including the U.S. and individual states, aren’t as far along.

Hyundai Creta, Maruti Suzuki Grand Vitara, Kia Seltos and Mahindra XUV700 from customers in Australia, Latin America and Southeast Asia. According to industry estimates, Indian carmakers are set to ship more than 675,000 vehicles in the fiscal year that ends March 31, recovering from a low of 404,000 reported in the aftermath of the pandemic in FY21. Around 663,000 cars were exported from the country in the last financial year. Vehicle exports were dominated by Maruti Suzuki and Hyundai, which together accounted for two-thirds of all cars shipped out of the country.

A school bus company will terminate its contract with St. Louis Public Schools a year early

The federal government will provide a $1.5 billion loan to restart a nuclear power plant in southwestern Michigan

Kia is rolling out a revamped compact car in the U.S. even though sales of the small cars are dropping as the nation continues to favor SUVs and pickup trucks

Treasury Secretary Janet Yellen is calling out China’s excess production in green energy, calling it unfair competition that “distorts global prices” and hurts companies and workers around the world