International Financial News

Kashmiri journalist and activist Yana Mir made a powerful statement at the 'Sankalp Divas' event hosted by the UK Parliament, denouncing Pakistan's propaganda against India and asserting her safety and freedom in Kashmir, which is an integral part of India. In her address, Mir emphasized that she is not Malala Yusufzai, who had to leave her country due to threats of terrorism. Mir stated, «I am not a Malala Yusufzai, because I am free and safe in my country, India. In my homeland, Kashmir, which is part of India.»

China, that shares decades old defence partnership with Ukraine, has sought to downplay its military links with Russia, close on the heels of a high level meeting with the USA. At a meeting last weekend in Munich China's foreign minister Wang Yi told his Ukrainian counterpart Dmytro Kuleba that Beijing does not sell lethal weapons to Russia for its war against Ukraine. Wang told Kuleba that China 'does not take any advantage of the situation and does not sell lethal weapons to conflict areas or parties to the conflict,' according to a Chinese foreign ministry readout.

India next week as part of their goal to strengthen India-US collaboration and student and scholar mobility between the two countries. The delegation from the American universities will visit 26 institutions in New Delhi, Mumbai and Hyderabad. This visit gains significance in the wake of the recent spate in incidents of attacks on Indian students and those of Indian origin in various parts of the country. The delegation builds on recent years of US and Indian government-led efforts to partner in pursuit of mutually beneficial strategies.

economy evolves broadly as expected, it will likely be appropriate to begin dialing back our policy restraint later this year," Fed Vice Chair Philip Jefferson told an event at the Peterson Institute of International Economics (PIIE) in Washington. The number two man at the US central bank said he still expects growth in spending and production in the US to slow in 2024. "Even so, without a clear understanding of why consumer spending has been so resilient, I see continuing strength in spending as an important upside risk to my forecast," he said.

Kremlin hits back at Joe Biden with ‘Hollywood cowboy’ over ‘crazy SOB’ remark The US has targeted Russia's revenue and military-industrial complex. The Us and other allies of Ukraine had hoped to cripple and isolate Russia's economy with a succession of sanctions targeting its financial sector and sources of revenue, including oil sales.

Dividend stocks: Shares of Bosch Ltd, National Aluminium Co. Ltd, Sun Tv Network Ltd, Bharat Forge Ltd, Kirloskar Oil Engines Ltd, Cantabil Retail India, Aegis Logistics Ltd, BLS International Services Ltd, India Nippon Electricals Ltd, Career Point Ltd, Dynamatic Technologies Ltd, Gretex Corporate Services Ltd, Garden Reach Shipbuilders & Engineers Ltd, Modison Ltd, Nicco Parks & Resorts Ltd, Nirlon Ltd, Sandesh Ltd, Saurashtra Cement Ltd, Taparia Tools Ltd, United Drilling Tools, Xchanging Solutions Ltd, Zydus Lifesciences Ltd, Kaveri Seed Company Ltd, and Remedium Lifecare Ltd will be in focus when the stock market opens on February 23 (Friday). The Board of Directors of these companies have declared interim dividend, shares buyback, and stock split for their eligible shareholders.

Speculative traders intent on driving down the price of shares of B. Riley Financial Inc. have attempted to undermine the company’s credibility through a smear campaign, industry sources say, that includes spreading lies about individual employees and questioning the firm’s financial health.

Eureka Forbes, Vodafone Idea Eureka Forbes Eureka Forbes Ltd promoter Advent International on Thursday sold 10% stake in the company through the open market for Rs 979 crore.

Mint in the week gone by. In response to the revival of protests by farmers, the government had floated a proposal to buy at least five crops over the next five years at minimum support price (MPS). But, farmers have rejected the Centre's offer, and are marching to Delhi again.

The Dubai-based budget carrier FlyDubai has seen record earnings of $572 million in 2023, boosted by carrying the most passengers ever across its network

After the Biden administration applied sanctions on four Israeli settlers for acting violently toward Palestinians and activists in the West Bank, online fundraisers sprang to their aid

white-labelled smartwatches and wireless earbuds have flooded the market with cheap copies of popular models, hurting established Indian players such as Boat. In a recent report, International Data Corporation said these cheap alternative offerings of popular models, imported from China, are diluting the first-time user experience, affecting the business of the incumbents in the market. These products, which closely resemble the design of the Apple Watch and other premium smartwatches, are also pulling down the average selling price (ASP) in the industry to record lows, making it difficult for the entrenched brands to compete or «premiumise», industry executives and experts said. The ASP in the wearable segment fell about 39% to $26.10 in 2023 from an already low $42.50 the previous year, se per IDC. «There are way too many players simply bringing products from China and selling it here. They don't have any control over the software, where the data is going, and that is just dangerous for the consumer,» said Sameeer Mehta, chief executive at Imagine Marketing which owns Boat. «These are all trader brands who have no control over the product but want to make hay in a booming market.»

Formula 1 season began this week and there was Christian Horner, the head of Red Bull Racing, still leading his team as it begins its bid for a fourth consecutive championship. Horner was also front and center a week ago at Red Bull's launch of its 2024 car — a virtual highlight reel of the success Horner has built since he became team principal in 2005. Make no mistake, the longest-tenured team leader in the F1 paddock knows how to win: Red Bull has won six constructors' championships and seven drivers' championships under Horner. But as he continues with «business as normal» — Horner's own words at the launch last week — nobody else can figure out how he has remained on the job during an internal investigation into allegations of inappropriate conduct that parent company Red Bull announced on Feb. 5.

₹43,700 crore trans-shipment terminal at Great Nicobar island, and digitally connecting agencies in the debt resolution ecosystem are among key proposals awaiting cabinet nod. Major decisions are expected in the areas of infrastructure and public service. The proposal for the International Container Transshipment Terminal in Great Nicobar island that the Cabinet will consider is under the public-private partnership model, said one of the persons quoted above.

—Name withheld on request

By Howard Schneider

Investing.com — U.S. futures rose strongly Thursday after blockbuster results from AI darling Nvidia helped boost sentiment, ahead of the release of more corporate earnings and important economic data.

Imphal East in Manipur marched on Thursday demanding the abrogation of the Suspension of Operations (SOO) with militants. The police stopped the rally which started from Sambei ground. There is apprehension that SOO agreement with militant outfits might be extended further. A team met the Governor to submit a memorandum. The memorandum raised the urgent necessity to abrogate the Suspension of Operation (SOO) between the Government of India (GOI) and 24 Kuki Militant Groups to reinstate normalcy in Manipur while highlighting violations of the SOO agreements by Kuki militant groups since the onset of the crisis on May 3, 2023.

Students learn the procedures and protocols needed to respond to emergencies.

Mint on the sidelines of the 2024 Raisina Dialogue, Sannino outlined the EU’s concerns about Russia and the war in Ukraine. However, Sannino played down talk of differences with India over the conflict but said the EEAS was "certainly asking" India to be supportive in implementation of sanctions against Russia. “Russia is a spoiler.

India and England are all set to lock horns in the 4th match of the 5-match Test series at the JSCA International Stadium Complex in Ranchi. The Rohit Sharma-led side already have an edge in the series, having won 2 of the 3 matches so far, and will be looking to swing the series in their favour in the fourth encounter starting on 23 February. But is an India-England Test series ever complete without some controversy surrounding the pitch? In the past, India have opted for spinning pitches that trouble the batsmen and give the spinners an edge.