International Financial News

Sri Lanka have reignited the row over the 2023 World Cup timed-out dismissal of Angelo Mathews after celebrating their Twenty20 series win in Bangladesh by pointing to their wrists. Bangladesh skipper Najmul Hossain Shanto told Sri Lanka's players to put the November controversy behind them and urged them to focus on the rest of the tour, which includes three one-day internationals and two Tests. «They haven't moved on from the timed-out incident,» Shanto said of the visitors' celebration following their T20 series win in Sylhet on Saturday.

Reuters. On March 9, CENTCOM informed that the military was responding to a large-scale attack on ships in the Red Sea and Gulf of Aden between 4 am and 6:30 am (as per GMT).

corporate actions scheduled for this week. SBI Life Insurance Company, IIFL Securities, and Kirloskar Ferrous Industries will trade ex-dividend, while Waaree Renewable Technologies will trade ex-split this week. On Thursday, 14 March, Data Infrastructure Trust and Wonder Electricals (Re 1/share) will trade ex-dividend.

The study uses a Mental Health Quotient (MHQ) to assess various aspects of mental health. Participants are categorized based on their scores, ranging from «thriving» to «distressed.» In the rankings for 2023, the Dominican Republic topped the list with the highest average MHQ (91), followed by Sri Lanka (89) and Tanzania (88). Conversely, Uzbekistan had the lowest average MHQ (48), with the UK following closely at 49.

Dwarka Expressway by Prime Minister Narendra Modi on March 11, Gurugram Traffic Police has issued an advisory prohibiting heavy vehicles to ply on the road. A senior traffic police officer said the prime minister will also hold a rally on the same day near the Antriksh Chowk, due to which traffic congestion is expected in the area.

La Liga leaders Real Madrid will host RC Celta de Vigo, who are facing relegation battle, on Sunday at Santiago Bernabeu. Madrid have 66 points off 27 games, RC Celta de Vigo secured 24 points from 27 matches. Real Madrid vs RC Celta de Vigo La Liga game is scheduled to kick off on Sunday, March 10 at 1.30 pm (ET). La Liga game between Real Madrid vs RC Celta de Vigo will be live streamed on ESPN+.

Demon Slayer is set to premiere on May 12, 2024, continuing the saga with the Hashira Training Arc. After the success of the previous seasons and the record-breaking Demon Slayer: Mugen Train movie, fans are eagerly awaiting the next chapter in Tanjiro's journey.

Narcotics Control Bureau (NCB) arrested former DMK functionary Jaffer Sadiq in Delhi on Saturday, in connection with a ₹2,000 crore international drugs trafficking case. The central agency has termed Sadiq the «mastermind and kingpin» of the illicit network spread across India, Australia and New Zealand. Sadiq, a producer of Tamil films, was recently expelled by the DMK from the party after the NCB stated that he was linked to the drugs network. He was the Chennai West deputy organiser of the DMK's NRI wing. The opposition BJP and AIADMK in the state have been targeting the DMK over the matter. Last month, the NCB said it had arrested three people, all hailing from Tamil Nadu, and seized 50 kg of narcotics-making chemical pseudoephedrine during a raid at a godown in Delhi. The searches by the NCB, along with the special cell of the Delhi Police, came about following a tip-off received towards the end of 2023 from the Australian and New Zealand authorities about «large quantities» of pseudoephedrine concealed in desiccated coconut powder and mix food powder being smuggled into their countries from India.

Lok Sabha elections, Election Commissioner Arun Goel has suddenly resigned, leaving the poll body with only Chief Election Commissioner Rajiv Kumar at the helm, unless the Centre appoints two new election commissioners this week. Goel's resignation that has come three years before his term was to complete in 2027, is a significant development that also puts the poll panel's internal dynamics in the spotlight ahead of yet another general election, just like in 2019. More so, given that Goel was actively participating in all the poll-related meetings right until Saturday, touring states and holding briefings with ECI officials. Goel was also present at the March 8 high-level discussion held with the home ministry on deployment of forces for polls. He was also scheduled to visit J&K along with the CEC on March 12.

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Also Read: Small caps cause inflows into equity mutual funds to spike 23% in February: AMFI data Multi-asset allocation funds have been pitched as a less volatile option compared to their aggressive hybrid equity counterparts, offering indexation benefits if the equity allocation lies between 35 to 65%. This proposition, coupled with the recent tax changes, makes these funds an attractive choice for those seeking diversified, tax-efficient investment avenues. Last year we witnessed the launch of nine multi-asset allocation funds by different fund houses.

logistics service providers and custom brokers as well as for custodians of freight stations to ensure safe and secure working environment. The CBIC has issued two circulars coinciding with International Women's Day on March 8. One relates to encouraging women participation in international trade, while the other is on inclusion of gender specific infrastructure facilities to be provided by the custodians of Inland Container Depot (ICD), container freight station (CFS) and Air Freight Stations (AFS). «It has been decided that in addition the existing infrastructural facilities as provided by the custodian CFS/AFS/ICD — following gender specific infrastructure facilities may also be encouraged for inclusiveness of women participation,» it said.

International Women's Day, twenty-six Nepali women activists, including a beauty queen, made a significant journey to the base camp of Mt. Everest. Their mission was to highlight the dire consequences of melting snow in the Himalayas due to climate change and its profound impact on local communities. The group reached the base camp, located at an altitude of 5,364 meters, on Friday, marking the 114th International Women's Day. This initiative aimed to raise awareness about the urgent need for climate action. Organized by Sath Sathai Foundation The event was organized by the Sath Sathai Foundation, a group dedicated to advocating for climate change action and women's empowerment. The women, representing diverse backgrounds, convened a conference at the base camp and issued a seven-point declaration.

India and Bangladesh Saturday agreed to undertake joint efforts to «bring down to absolute minimum» the incidents of attack on BSF personnel by criminals from the neighbouring country along the 4,096-km-long International Border (IB) shared by them, an official statement said. The bi-annual Director General (DG) level talks between the Border Security Force (BSF) and Border Guard Bangladesh (BGB) ended in Dhaka with the signing of a joint record of discussions. The Indian delegation led by BSF DG Nitin Agrawal travelled to Bangladesh for the 54th edition of these talks held between March 5-9 at the BGB headquarters at Pilkhana in Dhaka. BGB DG Maj Gen Mohammad Ashrafuzzaman Siddiqui headed the Bangladeshi delegation.

Melinda Pavek, Consul General at US Consulate General in Kolkata visited IIM Shillong to discuss prospective academic collaborations. Drawing upon her diverse background in both diplomatic and corporate spheres, Consul General Pavek shared her journey of her current position, highlighting key roles such as Counselor for Science, Innovation, and Development at the U.S. Embassy in Tokyo and Deputy Chief of Mission in Bandar Seri Begawan, Brunei. Her extensive experience, ranging from public service as a Foreign Service Officer to corporate roles at Johnson & Johnson, provided valuable insights into the intricacies of international relations. Prof D P Goyal, Director, IIM Shillong mentioned about various initiatives of IIM Shillong and highlighted the International Collaborations with the B Schools of US resulting in mutual exchange programme, joint research initiatives, and faculty collaborations between IIM Shillong and B Schools of US.

Dividend Stocks: Shares of several companies, including IIFL Securities Ltd, SBI Life Insurance Company Ltd, among others will others will trade ex-dividend in the coming week, starting from Monday, March 11. Some other companies will also trade ex-bonus and ex-split in the coming week. The ex-dividend date is the day on which the equity share price adjusts to reflect the next dividend payout.

₹13 per litre and that on diesel has been reduced by 16% cumulatively in both the occasions. Due to these duty cuts, centre has forgone a revenue of about ₹2.2 trillion, he said. "Despite production cuts, the global crude oil prices have not increased.

Petroleum and Natural Gas Hardeep Singh Puri, addressed the media in Delhi on Saturday, shedding light on matters pertaining to the Ministry of Petroleum and Natural Gas. During the press conference, Minister Puri highlighted the recent decision by Prime Minister Narendra Modi to reduce the prices of LPG cylinders by Rs 100, announced on International Women's Day. Minister Puri said, «On International Women's Day PM Narendra Modi conveyed this significant decision of reducing LPG cylinders price by Rs 100. During the cabinet meeting on Thursday, PM Modi had announced that the LPG cylinder subsidy, which was to end on March 31, will be extended to 2024-25.»

India's policy was 'Nation First' and the consumer was 'paramount', Union Minister Hardeep Singh Puri said that the Centre was able to keep oil prices from shooting up despite global turbulence amid the Russia-Ukraine conflict and drone attacks on merchant ships in the Red Sea. The Union Minister for Petroleum and Natural Gas said 85 per cent of India's crude requirements are met by imports, with the price of crude in the international market being the benchmark. Addressing a press conference in the national capital on Saturday, Puri said, «If you accept that (global issues), you have to deal with the price of crude in the international market and the price at which it is made available. What happened in the last few years?»

Also Read: How to reduce income tax by loss harvesting in weak stock market — explained Tax-loss harvesting allows you to maintain the desired asset allocation while still taking advantage of tax benefits. It provides a two-fold benefit: You may set off short-term capital losses against short-term capital gains or long-term capital gains.