International Financial News

Cochin Shipyard, Indian Railway Finance Corporation (IRFC), Rail Vikas Nigam (RVNL) and Mazagon Dock Shipbuilders defied weak market sentiment on Wednesday, jumping between 4-12 per cent in intraday trade. PSU stocks have been on a tear for the last one year. Data show that shares of IRFC have surged over 300 per cent while those of CPCL, REC, ITI and Power Finance Corporation have jumped between 230-270 per cent.

Ayodhya has become a topic of discussion at the World Economic Forum Annual Meeting in Davos. Devotees are planning to hold Ram Bhajans and light diyas on the consecration day, which is scheduled for Monday.

Kishore Jayaraman, president, Rolls-Royce, India & South Asia, believes in approaching things mindfully – be it his diet, downtime on the greens or work-life balance. In conversation with ET Panache, Jayaraman talks about why he thinks of work-life balance as a balloon and how he’s trained his mind to stay calm when faced with setbacks.

Europe’s trade relationships are set to suffer as global conflicts and protectionism open a chillier chapter in international commerce, hitting growth on the continent. Trade is now growing at a slower pace than the world economy, marking a fundamental shift away from the trade-centric globalism prevalent since the end of the Cold War, Boston Consulting Group said in a report published this month. The slowdown is due to rising protectionism, including in China, and increased disruptions from conflict, BCG said.

Business Today. “There is no such thinking to move towards de-dollarisation... The dollar will continue to be the dominant currency", Shaktikanta Das added.

₹3,397.32 crore to this sector, including a substantial boost to Khelo India with ₹1,045 crore. Punit Balan, Chairman & Managing Director of the Punit Balan Group, highlighted the government's commitment to fostering athletic talent.

ONDC), and currently has 10,000 auto-rickshaw drivers on board, contributing to convenient and sustainable transport, officials said. The Open Network for Digital Commerce (ONDC) is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry. "Delhi takes the next step towards bringing consumers, providers, and tech platforms together.

Outlook 2024: Can gold maintain its shine next year? Here's what experts say "As the expectation of sharp rate cuts has been one of the prime drivers of this rally, gold traders want to validate their rate expectations with the key US data as the year rolls on," said Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Sharekhan By BNP Paribas. At this juncture, analysts are positive about the prospects of gold for the year amid macro uncertainty, geopolitical tensions and the expectations of rate cuts.

Disease X, a hypothetical illness with the potential for 20 times more fatalities than the COVID-19 pandemic, will be the focal point of a panel discussion in Davos, Switzerland, on Wednesday, where international leaders will gather to deliberate on the potential looming threat.

The Canadian government is publicly naming 85 Chinese research institutions that “may pose” a threat to national security and sensitive research.

Iran's Revolutionary Guard conducted a bold attack on militant bases in Pakistan's Balochistan province on Tuesday, escalating tensions in an already volatile region. The attack, which involved missiles and drones, targeted the Sunni militant group Jaish al-Adl.

Air India Express flight between Bengaluru, Kolkata, and Ayodhya. They both received the boarding pass for the first flight between Kolkata and Ayodhya. “In the last nine years, not only new airports have come up in Uttar Pradesh but with four international airports, Uttar Pradesh has become an important state in the field of air connectivity.

Canada to set a cap on international students amid housing crisis, fix 'out of control' system In October, Canada was forced to pull 41 diplomats, or two-thirds of its staff, out of India on orders from New Delhi. In addition, the dispute has prompted Indian students to seek to study in other countries, a spokeswoman for the minister said. Those factors led to an 86% drop in study permits issued to Indians in the fourth quarter of last year from the previous quarter, to 14,910 from 108,940, according to official data that have not been previously reported.

Itihasa is not bound to one narrative, so is the Ram Mandir, which is not bound to Ayodhya and the hoopla around it. According to experts as many as three hundred versions of the the Indian epic poem, the Ramayana, are known to exist. Even as the some Indians gear up to celebrate the ‘Pran Prathistha’ ceremony in Ram Mandir on 22 January, here are a list of seven grand Ram temples across the country one could visit.

Given how excitable financial markets can get at any hint of a policy rate cut, it may seem cheaper credit is all there is to material progress. Monetary policy is a lot more complex than that, though, which is why economists constantly need to explain why over-cheap, free or negatively priced loans are not sustainable, even if they’re extended in crisis times.

Indian Meteorological Department (IMD) has forecasted that very dense fog conditions likely to continue to prevail over North India for the next four days. The weather agency also noted that severe cold wave conditions, and severe cold day conditions will continue in Delhi and North India. According to Delhi Airport FIDS (Flight Information Display System), a total of 120 flights were delayed both (domestic and international) arrivals and departures, due to dense fog on Wednesday.

A Russian senator has claimed the nation’s Central Bank is “turning a blind eye” to firms that use crypto as a payment tool in international trade.

freezing day as the minimum temperature dropped to 4 degrees Celsius. Several flights departing from the Indira Gandhi International (IGI) airport were delayed. «My flight is more than two hours late due to the bad weather.

US Central Command. The US carried out strikes after Houthi launched an anti-ship ballistic missile from Houthi-controlled areas of Yemen into international shipping lanes in the Southern Red Sea. The strikes on Tuesday, the third against Houthi since a US-led air and naval barrage hit dozens of targets last week and destroyed four missiles that the US Central Command said posed an imminent threat to merchant vessels and Navy ships travelling through the Red Sea and nearby waters, The New York Times reported.

Canada issued to Indian students fell sharply late last year after India ejected Canadian diplomats who would process the permits and fewer Indian students applied due to a diplomatic dispute over the murder of a Sikh separatist leader in Canada, a top Canadian official told Reuters. Immigration Minister Marc Miller added in an interview that he believes the number of study permits to Indians is unlikely to rebound soon. Diplomatic tensions erupted after Canada Prime Minister Justin Trudeau in June said there was evidence connecting Indian government agents to the murder of Hardeep Singh Nijjar in British Columbia. Click & check your eligibility for immigration Find out The tensions are likely to weigh on the numbers going forward, Miller said. «Our relationship with India has really halved our ability to process a lot of applications from India,» Miller said. In October, Canada was forced to pull 41 diplomats, or two-thirds of its staff, out of India on orders from New Delhi. In addition, the dispute has prompted Indian students to seek to study in other countries, a spokeswoman for the minister said.

Iran-backed Huthi rebels continue despite multiple strikes against them, AFP reported. In an official statement, the US Central Command (CENTCOM) said, “US forces struck and destroyed four Huthi anti-ship ballistic missiles.