Landmark Financial News

Britain’s top court has ruled that riders for one of the country’s biggest meal delivery companies don’t have collective bargaining rights because they aren’t employees

EY Australia has admitted another staff member helped draft documents for a former partner who allegedly promoted tax exploitation schemes, but says the second person was working under instructions and is not accused of doing anything wrong.

analysts emphasise the critical importance of Nifty maintaining its position above 19,400. Nifty recorded a 1.73% gain last week, closing at 19,732. Analyst recommendations for trading include stocks such as HCLTech, CESC, Jindal Stainless, Aurobindo Pharma, Dr Reddy’s, NMDC, and Cyient. KAPIL SHAH TECHNICAL ANALYST, EMKAY GLOBAL FINANCIAL SERVICES Where is the Nifty headed? In the short term, the index will be considered in a bullish zone if it stays above 19,500.

However, brands said they may have to forsake some of their margin if the cost of borrowing goes up for such consumer loans — especially for no-cost EMIs whose interest cost they either bear alone or with retailers — after the Reserve Bank of India increased the risk weight on consumer credit including credit card receivables and bank loans to NBFCs by a fourth. The central bank's latest move may force banks and non-banks to set aside more capital, which can potentially increase the lending rates. «Indian consumers are not going to buy consumer goods on EMIs unless those are no-cost,» Haier India president Satish NS said. «So, any increase in borrowing cost will have to be borne by the brands or they may pass it by marginally increasing product prices.» Cars costing upwards of ₹10 lakh accounted for 41% in total sales in 2022.

India crossing USD 4 trillion mark though there was no official confirmation if the country has achieved the landmark. The finance ministry and the National Statistical Office did not immediately comment on the viral social media post on India's GDP crossing USD 4 trillion. Highly placed sources said that the viral news was incorrect and India was still shy of that landmark.

Virat Kohli signed off World Cup 2023 on a high. He made 54 in the finals off 63 balls against Australia in the finals in Ahmedabad. The star batsman reached 50 landmark in 56 balls. In 11 innings, Kohli scored 765 runs at an average 95.62 — the highest ever runs in a single edition of a World Cup. He hit 3 hundreds and 6 fifties during World Cup 2023. With 765 runs, he broke Master Blaster Sachin Tendulkar's earlier record of 2003 edition of the World Cup. Sachin had scored 673 runs in the 2003 edition or the World Cup, a record that the Master Blaster held for almost 20 years. Virat Kohli also broke Sachin's record of most number of ODI centuries during this World Cup. He scrred a record-breaking 50th one-day international hundred in unbeaten hosts India's 70-run semi-final win over New Zealand. That innings saw Kohli surpass the mark of 49 centuries he had shared with retired India great Sachin Tendulkar. During this World Cup, Virat Kohli also leapfrogged for Australian skipper Ricky Ponting to be the third highest scorer in ODIs. In 292 matches, Kohli has scored 13848 runs vs Ponting's 13704 runs in 375 matches. Sachin Tendulkar (18426 runs) holds the record for most runs in ODIs, followed by Kumar Sangakkara (14234 runs)

India and Australia are expected to hold their 2 + 2 (Foreign & Defence Minister) Ministerial here on Monday eyeing to expand the strategic partnership even as the Australian PM sought to improve Canberra’s ties with China during his recent visit to Beijing. Australian Foreign Minister Penny Wong and Defence Minister Richard Marles would engage with their Indian counterparts S Jaishankar and Rajnath Singh respectively threadbare on the situation in the Pacific region and SE Asia where China has upped the ante. India has been closely following efforts by Australia to improve its ties with China after a downturn in relations over the past few years, ET has learnt.

Lawyers for the first person to be charged under Australia’s foreign interference laws have told a court that a hospital donation made through a federal government minister was not a covert attempt to curry favor on behalf of the Chinese Communist Party

A jury in Windsor, Ont., has reached a decision in the landmark trial of Nathaniel Veltman, accused of deliberately running over a Muslim family in London, in what the Crown had argued was an act of terrorism.

(Reuters) — Asset management giant BlackRock (NYSE:BLK) on Thursday began courting public investors for an ethereum trust, doubling down on its cryptocurrency bets amid potentially easing regulations over such investment vehicles.

Virat Kohli might now be holding the record for most ODI hundreds, but former India head coach Ravi Shastri firmly believed that the 35-year-old is well on his way to break another big landmark — Sachin Tendulkar's 100 international hundreds. Along with his 50 ODI centuries, Kohli also has 29 hundreds in Tests and one in T20Is for a total of 80 scores above 100. Kohli had broken Tendulkar's mark of 49 one-day hundreds against New Zealand in the World Cup semifinals here on Wednesday.

HONG KONG (Reuters) — A court auction to sell vast commercial land plots owned by defaulted Shimao Group in Shenzhen failed for a second time on Thursday as there were no bidders, highlighting weak demand in China's property market.

Sweden has opened a new state-of-the-art plastic sorting facility, the largest of its kind and big enough to receive all plastic packaging waste generated from Swedish households

personal guarantees given by promoters of companies raising bank loans, said people at advisory firms. The move is aimed at preventing them from transferring these personal assets to a special trust, which may be bankruptcy remote. This move by banks follows the recent landmark Supreme Court order that upheld the constitutional validity of recovery provisions against personal guarantors under the Insolvency and Bankruptcy Code (IBC).

World Cup on Wednesday, surpassing the mark he shared with countryman Sachin Tendulkar. Virat Kohli raised his arms aloft then sank to his knees and bowed to the fans with his helmet off after reaching three figures in the semifinal match against New Zealand at the Wankhede stadium. He was 100 not out after facing 106 balls in a virtually chanceless innings.

Efforts to create a landmark treaty to end global plastic pollution are advancing at a meeting where participants are discussing the treaty's draft language for the first time

King Charles's 75th birthday celebrations, a Royal Family expert has suggested that the monarch is reportedly «relieved» by the absence of Prince Harry and Meghan Markle. According to royal commentator Neal Sean, the Royal Family seems unfazed by the Duke and Duchess of Sussex's decision to skip the festivities. King Charles kicked off his birthday festivities by joining other 75-year-olds in a tea dance organized by The Prince's Trust at Highgrove, one of the monarch's residences.

Rohit Sharma and Shubman Gill reach the milestone of most hundred-run partnerships this year in ODIs. The landmark came at the 45th match of the World Cup 2023 against the Netherlands at M. Chinnaswamy Stadium in Bengaluru on Sunday.

ICC World Cup 2023 on November 12, the Indian batters demolished the Dutch bowling attack, as they ended up posting a mammoth total of 410/4 in 50 overs. This is the second time in the history of World Cups when India has registered a 400-plus score. The last time India posted a target of over 400 runs in a World Cup match goes back to 2007, when the team had scored 413/5 (50 overs) against Bermuda in the match played in Port of Spain.

Singles Day sales period, which wrapped up at midnight on Saturday. Meanwhile competitor JD.com said its festival GMV (gross merchandising volume) hit a «record high» over the sales period. Originally a 24-hour online shopping event held on November 11 each year in China, the 'Singles Day' festival — a nod to the digits in the date — has expanded into weeks of promotions across the country's major ecommerce platforms and in brick-and-mortar stores.

Fortescue has put its foot on 150,000 hectares of land near its iron ore mines – to be used for renewable energy projects – just days after quietly scrapping plans for a multi-billion dollar wind and solar farm hub that had been central to its decarbonisation plans.