International Financial News

15.02 / 17:08

markets Aviat Trade country reports Department International Government marginally raises windfall tax on domestic crude oil

₹3,300 per tonne and has also reintroduced a ₹1.5 per litre special additional excise duty (SAED) on the export of diesel. For the past two weeks, the SAED on the sale of locally produced crude oil stood at ₹3,200. The duty on the export of diesel was at zero since 1 January.

15.02 / 17:07

markets UPS show reports International stake Vedanta’s promoters offload 1.76% stake via BSE bulk deal

₹1,737 crore on Thursday through a bulk deal on the BSE, data show. The stake was sold by Finsider International Co. Ltd, a promoter entity, for a weighted average price of ₹265.14 per share.

15.02 / 15:49

markets show International stake Vedanta promoters offload 1.76% stake via bulk deal

MUMBAI : Promoters of mining and resources major Vedanta Ltd offloaded 1.76% stake in the company for ₹1,737 crore on Thursday through a bulk deal on BSE, data show. The stake was sold by Finsider International Co. Ltd, a promoter entity, for a weighted average price of ₹265.14 per share.

15.02 / 15:48

markets TripAdvisor Trade show reports International economic data World markets today: US stocks flat after mixed economic data

The yield on the 10-year Treasury fell to 4.19% from 4.27% late Wednesday. A report showed US retail sales weakened by more in January from December than expected. A separate report showed fewer US workers applied for unemployment benefits last week than expected.

15.02 / 14:59

markets WhatsApp Bottomline show reports International stake Carlyle Group sells 1.4% stake in YES Bank via open market for over Rs 1,000 crore

Carlyle Group on Thursday sold a 1.4% stake in private sector lender YES Bank for approximately Rs 1,057 crore. CA Basque Investments, the Mauritius-based special purpose vehicle owned by Carlyle Group, sold 39,00,00,000 shares of the lender at Rs 27.10 a share, bulk deals data on the BSE showed.

15.02 / 14:21

Ball wellness Instagram testing International cricket Rohit Sharma throws cap in disgust after Sarfaraz Khan runout; Ravindra Jadeja apologises

Sarfaraz Khan (62 off 66) scored the joint-fastest fifty by an Indian on debut on Thursday to push India past the 300-run mark before he was tragically run out following a mix-up with Jadeja. Standing in the dressing room, skipper Rohit Sharma was livid at the manner of Sarfaraz's dismissal and threw his cap in frustration.

15.02 / 14:21

UPS Discover pop Features International Explore the Coolest Art Experiences Along Hong Kong’s Victoria Harbour This Spring

Whether you're up for brand new events or the comeback of top exhibitions, discover incredible art experiences on both sides of Victoria Harbour this March and beyond.It’s that time of year again! Hong Kong is gearing up to host an array of creative experiences this spring. From a mesmerising new team Lab installation to much-anticipated annual events like Art Basel Hong Kong, travellers will be immersed in art on the banks of Victoria Harbour. Kick-start your artsy adventure with teamLab’s groundbreaking "Continuous" installation on Central Harbourfront.

15.02 / 14:21

markets IPO FIVE Digital Platform band International OTT platform Ullu Digital files DRHP with SEBI to raise funds via IPO; to list on BSE SME

₹10 each, according to the company's Draft Red Herring Prospectus (DRHP). The IPO does not have any offer-for-sale (OFS) component. Ullu Digital has reserved a portion of 3,15,600 equity shares of face value of Rs.

15.02 / 14:21

Action country International Iran claims ‘property rights’ to Antarctica, plans to build naval base

Also Read | M&M’s tale of two journeys: strong auto, weak tractors "I can say that raising the flag at the South Pole doesn’t carry any implications in international law. The Antarctic Treaty (which became effective in 1961) has a specific provision that no action by any nation after 1961 can be the basis of a territorial claim on the continent," he added.

15.02 / 14:21

Provident Gap wellness country travelers International Destinations VFS Global expects visa processing time to ease this year

Indians planning their summer travel to Europe may have to face lesser waiting period at visa centres this year as visa services provider VFS Global expects an improvement in visa processing time for foreign destinations on the back of deployment of additional staff by client governments to handle the visa applications traffic. "The Swiss have given us 25% more appointments. Also, earlier, their appointments would be concentrated in 2-3 months, now they have spread the appointments across the entire year.

15.02 / 12:48

UPS Provident Manufacturing economy track International TSX futures edge up as metal prices climb

(Reuters) — Futures for Canada's main stock index gained on Thursday, tracking higher prices of base and precious metals, while investors awaited domestic and U.S. economic data for any signs that could influence the central banks' interest rates policy.

15.02 / 12:24

Provident Election War show testing International After Shinde's Sena, Ajit Pawar ruled to be the 'real' NCP by Maharashtra assembly speaker

Maharashtra assembly Speaker Rahul Narwekar on Thursday ruled that NCP's Ajit Pawar faction is the real Nationalist Congress Party. «The NCP constitution and the leadership structure of the party does not provide any clue to decide which is the real faction, hence, I have gone by the third yardstick which is legislative majority to decide the issue,» Narwekar said. «The Sharad Pawar faction hasn't challenged the claim of legislative majority enjoyed by the Sharad Pawar faction,» he added. The Sharad Pawar faction has not been able to show that they have a majority in the national executive, said Narwekar. Ajit Pawar has numerical strength in the legislative assembly, he said.

15.02 / 12:01

markets Manufacturing Research Trade track country International Rupee falls 2 paise to close at 83.04 against US dollar

rupee consolidated in a narrow range and depreciated by 2 paise to close at 83.04 (provisional) against the US dollar on Thursday, tracking a strong American currency and elevated crude oil prices in the international market. Forex traders said the Indian currency depreciated as foreign fund outflows weighed on the rupee. However, positive domestic markets cushioned the downside. At the interbank foreign exchange market, the local unit opened at 83.00 and finally settled at 83.04 (provisional) against the dollar, down by 2 paise from its previous close.

15.02 / 11:58

UPS FIVE Art Dreams fun MDC International He spent millions collecting the rarest sneakers and cars. Now he’s over it.

Five years ago, during an idle afternoon at his lakeside vacation home in Ontario, Canadian financier Miles Nadal purchased 99 of the rarest sneakers in the world from Sotheby’s for $850,000. His wife was out wakeboarding with the kids, he was sitting at his computer, and suddenly he’d bought nearly 100 high-value shoes. Nadal recalled telling his wife simply, “I bought some shoes," as if he was describing buying a lone pair of Nikes from Zappos.

15.02 / 11:57

Ball stars testing International cricket Sarfaraz Khan: Fastest half-century by Indian on debut in test cricket, netizens react

Rohit Sharma on Thursday overtook former skipper Saurav Ganguly to become the fourth-highest run-maker in international cricket. Rohit accomplished this feat against England in the fourth Test at Rajkot. In the match, Rohit scored his 11th Test ton, a knock of 131 runs in 196 balls, with 14 fours and three sixes.

15.02 / 11:31

FIVE Art Manufacturing students Universities Schools International BITS Pilani launches design school

technology, business and entrepreneurship with the creative arts as part of its curriculum for future-ready design professionals, the institute said. BITS Pilani on Thursday announced a foray into design education with the launch of BITS Design School in Mumbai. The school will combine technology, business and entrepreneurship with the creative arts as part of its curriculum for future-ready design professionals, the institute said in a statement.

15.02 / 09:17

MET Digital CEO Strategy reports International Tata Group in talks with Uber for strategic partnership for app, says report

Tata Neu, positioned as a 'super app.' However, Tata Digital denies any ongoing talks, and Uber has not responded to queries. Tata Neu, part of Tata Digital, aspires to cater to 50% of an average customer's daily, monthly, and annual needs. However, it faces challenges such as stagnation in user growth and low customer engagement.

15.02 / 09:17

UPS Manufacturing security President War International NOT Europe Is Boosting Military Spending. It’s Still Not Enough.

BRUSSELS—With a war raging nearby and the threat that a second Trump administration could pull the U.S. out of NATO, Europe has ratcheted up military spending. Arms manufacturers are working around-the clock, and new factories are going up to meet demand.

15.02 / 06:44

markets UPS Provident security International Rs 10,000 monthly SIP in this smallcap mutual fund turned into Rs 19 lakh in 5 years

Quant Small Cap Fund's growth is worth nearly Rs 19 lakh today. Quant Small Cap Fund(G) which predominantly invests in smallcap stocks has given extended internal rate of returns (XIRR) of 49% according to data sourced from Ace Equities, earning Rs 13 lakh on the total investment of Rs 6 lakh made between February 10, 2019 and February 10, 2024. Meanwhile, the CAGR returns stand at 59%. The scheme which was launched on October 29, 1996 is benchmarked against Nifty Smallcap 250 — TRI and has given returns at an XIRR of 35% while at a CAGR of 40% during this period.

15.02 / 06:29

Progressive Action economy country voice Department International NOT CEA flags carbon tax, says developing countries must not be penalised

Chief economic advisor V Anantha Nageswaran on Thursday voiced concerns against the imposition of tariffs by select advanced economies on high-carbon goods coming from other sources, arguing that developing countries must not be penalised in such a manner when they also contribute to the economic activities in the developed world. He also stressed that the developing countries that are progressing towards renewable energy have become more vulnerable now than before when they were consuming fossil fuels, especially in the wake of geopolitical tension. The CEA highlighted that in a globalised world, developing countries also help preserve the lives and businesses in developed nations.

15.02 / 06:15

UPS Provident Bill Golf exclusive Relationships International IndusInd Pioneer Heritage credit card: From rewards to benefits; all you need to know

credit card stands as a pinnacle among Mastercard World Elite offerings in India, exclusively tailored for elite clientele. Comprising two distinguished variants – the Pioneer Heritage credit card and the groundbreaking Pioneer Heritage Metal credit card – the latter being IndusInd Bank's inaugural metal card elevates the experience with heightened premium advantages. In this article, we delve into a comprehensive review of the IndusInd Pioneer Heritage credit card, exploring its rewards and benefits in detail.

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