International Financial News

Terminologies defining diseases in ayurveda, unani and siddha systems of medicine have been included in the World Health Organization's International Classification of Diseases (ICD) 11th revision, the Ayush ministry said on Wednesday. This will lead to global uniformity in ayurveda, unani and siddha medicines as a code for defining diseases.

While crypto users had been keenly eyeing the launch of Ethereum (ETH) exchange-traded funds (ETFs) throughout 2023, their rollout has been slower than what many analysts expected. 

Virat Kohli will not be there for the first match at Punjab's Mohali on January 11 due to personal reasons. The news was confirmed by India's head coach Rahul Dravid on January 10 while addressing a press conference.

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This year’s luxury housing market will be dominated by buyers clamoring for sustainable homes, according to a new Luxury Outlook Report from Sotheby’s International Realty.

Two United States senators, J.D. Vance and Thom Tillis, have raised concerns about the recent breach of the United States Securities and Exchange Commission’s (SEC) X (formerly Twitter) account. 

Xi Jinping upgraded diplomatic ties with a record number of countries last year as he seeks to rally the Global South to help reshape the US-led world order. Beijing elevated the way it described ties with 17 countries and territories, most of them from the developing world, according to a Bloomberg analysis of statements issued by the foreign ministry. That’s a pace not seen during Xi’s first decade in office.

By Qiaoyi Li and Brenda Goh

Read all our coverage of the war between Israel and Hamas Protesters and commentators in the West use the term too. “It is now clear that Israel is engaging in a genocide of the Palestinian people," argued M. Muhannad Ayyash, a professor of sociology at Mount Royal University in Calgary, Canada.

₹2 trillion ($24 billion) to boost green energy initiatives in Gujarat, adding to the flurry of multi-billion pledges made at the event. Additionally, Maruti Suzuki, Simmtech, and DP World revealed their respective investment plans, highlighting Gujarat's growing stature as an investment hub. Track Live Updates | Vibrant Gujarat Summit LIVE Updates: PM Modi says India's port infrastructure secures new investments from UAE companies Tata Group Chairman N Chandrasekaran revealed plans to build a large semiconductor fabrication facility (fab) in Gujarat's Dholera.

Fintech firm Mylapay said it has raised Rs 4.6 crore in a seed funding round led by venture capital firm CDM Capital. Singapore-based Saison Capital, the venture arm of Credit Saison, and 77 Capital, led by fintech veteran Amit Goel. Mylapay addresses challenges in the payment industry, such as high transaction failure rates and the intricacies of complex payment operations through the company's unified cloud-based platform.

Israel is sending top legal minds, including a Holocaust survivor, to The Hague this week to counter allegations that it is committing genocide against Palestinians in Gaza. The robust engagement with the International Court of Justice is unusual for Israel, which normally considers the United Nations and international tribunals as unfair and biased. The decision to participate rather than boycott reflects Israeli concerns that the judges could order Israel to halt its war against Hamas and tarnish its image internationally.

Beijing will «never compromise» on the issue of Taiwan and urged them to stop «provocative actions» in the South China Sea, the defence ministry said Wednesday. China «stressed that it will never compromise or back down on the Taiwan issue,» the ministry said in a readout of the talks in Washington, held Monday and Tuesday, urging the United States to «stop arming» the self-ruled island, which is holding elections this week.

NEW DELHI : ONGC Videsh Ltd has incorporated a wholly owned subsidiary called OVL Overseas IFSC Ltd in Gujarat’s GIFT City that will function as a treasury hub catering to OVL and its 25 subsidiaries, including step-down subsidiaries, across 15 countries. “... OOIL expects to efficiently consolidate funds available with the group in various countries and raise additional funds needed to achieve the ambitious target of producing 40 million metric tonnes oil and oil equivalent (MMToe) by 2040 from overseas assets," ONGC Videsh said in a statement on Wednesday.

₹62,209 per 10 grams. Silver prices also gained 0.08% to trade at 72,105 per kg. International gold prices held steady as investors refused to make big bets awaiting US inflation print that could offer more clarity on when the US Federal Reserve might begin cutting interest rates, Reuters reported.

Life Insurance Corporation of India (LIC) has increased its stake in Navin Fluorine International, one of the largest Indian manufacturers of speciality fluorochemicals, by about 0.24% through open market. The insurance behemoth disclosed in a regulatory filing on Tuesday that it bought 1.21 lakh shares of Navin Fluorine International on January 08 at an average price of ₹3,630.39 apiece. As a result of this transaction, LIC's overall stake in Navin Fluorine International crossed over 5%, reaching 5.04%.

Zuari Agro Chemicals Ltd.(up 2.26%), Gujarat State Fertilizer & Chemicals Ltd.(up 1.83%), Madhya Bharat Agro Products Ltd.(up 1.20%), Paradeep Phosphates Ltd.(up 0.89%), Krishana Phoschem Ltd.(up 0.87%), The Fertilisers and Chemicals Travancore Ltd.(up 0.42%), Agro Phos India Ltd.(up 0.42%), Rama Phosphates Ltd.(up 0.21%) and Khaitan Chemicals & Fertilizers Ltd.(up 0.20%) were among the top gainers. Mangalore Chemicals & Fertilizers Ltd.(down 1.86%), Sikko Industries Ltd.(down 1.34%), Rashtriya Chemicals & Fertilizers Ltd.(down 0.98%), Nagarjuna Fertilizers and Chemicals Ltd.(down 0.72%), Madras Fertilizers Ltd.(down 0.67%), National Fertilizers Ltd.(down 0.54%), Southern Petrochemicals Industries Corporation Ltd.(down 0.48%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(down 0.35%), Coromandel International Ltd.(down 0.29%) and Aries Agro Ltd.(down 0.19%) were among the top losers.

Paytm, has announced an investment of Rs 100 crore in Gujarat International Finance Tec-City (GIFT City). The company will make the investment over a period of time and will seek requisite approvals for the same, it informed the exchanges on Wednesday.

The National Bank of Ukraine (NBU) has stated that crypto “is not money,” and has reaffirmed its intention to regulate the sector – using EU law as a benchmark.

Also Read: Jyoti CNC Automation IPO: Issue fully booked on day 1, retail portion subscribed 8.28x The product line consists of multi-tasking machines, simultaneous 3-axis and simultaneous 5-axis CNC machining centres, CNC turning centres, CNC turning-milling centres, CNC vertical machining centres (VMCs), and CNC horizontal machining centres (HMCs). Also Read: Jyoti CNC Automation IPO: GMP, subscription status, review, other details.

₹100 crore in Gujarat International Finance Tec-City (GIFT City), aiming to build a global financial ecosystem, on January 10, 2023. This move comes ahead of the Vibrant Gujarat Global Summit 2024 and signifies Paytm's ambition to expand beyond its domestic market, as per an exchange filing. Leveraging GIFT City's infrastructure, Paytm plans to develop faster and cheaper cross-border remittance solutions powered by artificial intelligence.