MET Financial News

Families of some of the people who died in two Boeing 737 Max crashes are asking the government to impose a fine of nearly $25 billion on the company

Euro 2024 Group B match on Thursday. Spain won the UEFA tournament thrice, while Italy lifted the coveted trophy twice. Both teams have illustrious history at Euro, as Spain is the only team to become champions on two successive ocassions — 2008 and 2012. If Italy wins the trophy this year, then they will equal Spain to become second team to defend the title.

HD Kumaraswamy on Wednesday met Railway Minister Ashwini Vaishnaw and initiated discussions on implementing the 260-km railway line between Bengaluru and Sathyamangalam (Sathy) in Tamil Nadu. Kumaraswamy, who met Vaishnaw in Delhi, mentioned that the project was sanctioned when his father, HD Deve Gowda was the Prime Minister in 1996. According to a map put out by the Indian Railways, the new line, as proposed earlier, branches off at Hejjala on the Mysuru-Bengaluru sector and reaches Chamarajanagar via the industrial hub of Harohalli, Kanakapura, Sathanur, Halaguru, Malavalli, Kollegal and Yelandur covering a length of 142-km. A further extension from here is needed to reach Sathyamangalam.

Leading bankers had flagged the issue in a meeting with officials last month, they said. «We have discussed the issue internally… It was highlighted that one big issue is that ATM vendors do not have the capacity,» said a senior bank executive, adding that accordingly, representations were made both to the government and the RBI. Industry insiders said the initial reason for low capacity is connected to the 'Make in India' guidelines, which were implemented in FY20, and it took time for vendors to set up Indian operations. The Indian ATM market is projected to grow at a CAGR of 9.2% between 2024 and 2032. A second bank executive said another constraint that state-run lenders face is mandatory purchase through the GeM portal.

Hezbollah movement, US envoy Amos Hochstein said on Tuesday, following an escalation in cross-border fire between the foes along Lebanon's southern frontier. Iran-backed Hezbollah has been trading fire with Israel for the last eight months in parallel with the Gaza war. Last week, the group fired the largest volleys of rockets and drones of the hostilities so far at Israeli military sites, after an Israeli strike killed the most senior commander yet. Hochstein, special envoy to US President Joe Biden, said he had been dispatched to Lebanon immediately following a brief trip to Israel because the situation was serious. «We have seen an escalation over the last few weeks. And what President Biden wants to do is avoid a further escalation to a greater war,» Hochstein said on Tuesday.

Billionaire investor Steve Cohen's Point72 plans to launch a separate, artificial intelligence-focused hedge fund to capitalize on the boom, according to a person close to the firm's plans.

The summer months may bring warm, sunny days on beaches or roasting marshmallows around the campfire while singing “Country Roads, Take Me Home”, but it also brings something else to add on that vacation checklist: a nomination!

onion prices in the domestic markets have almost doubled in the last one month, said trade sources who met commerce minister Piyush Goyal in the capital on Tuesday. «The government is in the mood to observe the movement of onion prices for a couple more weeks before it takes any decision on the export duty,» said an onion trader, who requested not to be identified. The average rate of onions at the benchmark Lasalgaon APMC was Rs 28/kg on Tuesday, up 40% during the last 15 days and double of what it was exactly a month ago.

Rahul Gandhi has decided to retain the Rae Bareli seat and give up Wayanad. Rahul won both seats in the recently-concluded Lok Sabha elections 2024.A candidate can contest elections from multiple seats in India.

power ministry has announced it has directed all utilities to «maintain a high state of alert and minimize forced equipment outages» due to the increased electricity demand driven by the ongoing heatwave, particularly in the northern region where the monsoon has yet to arrive. The ministry's statement highlighted that the northern region has faced high electricity demand since May 17, 2024, due to the heatwave. Despite these tough conditions, the highest-ever peak demand of 89 GW in the northern region was successfully met on June 17, 2024. This was achieved by importing 25-30 percent of the region's power needs from neighboring regions, the ministry noted.

India and the U.S. have pledged to boost defense and technology cooperation and remove long-standing barriers to bilateral strategic trade, following a meeting between the national security advisers of both countries

Family Business Survey 2023 shows that 88% of family businesses in India are poised to embrace a future marked by sustained expansion over the next two years, surpassing the global projection of 77%. Given their vast potential to unlock growth opportunities, The Family Business Excellence Series was launched by family business management consultancy, TriChambers, in Mumbai, to identify aspects that can help such businesses achieve their next level of growth. “The series aims to contribute to India’s economy by collaborating with family businesses, the oldest form of businesses, which are poised to grow exponentially in the times ahead,” Shivani Bagdai, Founder, TriChambers stated in an exclusive interaction with ET Digital.

Army chief General Asim Munir on Monday warned that any provocation or violation of the country's territorial sovereignty would be met with a «swift and resolute response.» Gen Munir, who visited the Line of Actual Control, offered Eid prayers with officers and soldiers on the occasion of Eid ul-Azha, The Express Tribune newspaper reported. Addressing the troops, he said, «Pakistan has always supported peace and stability in the region; however, any provocation or violation of Pakistan's territorial sovereignty will be met with a swift and resolute response, with the full support of the nation, InshaAllah.» «As soldiers, we take pride in celebrating such festivities away from our homes and loved ones while on duty, ensuring the security of our country and fellow citizens,» he said.

Ajit Doval on Monday held extensive talks with his American counterpart Jake Sullivan primarily focusing on implementation of the ambitious India-US Initiative on Critical and Emerging Technologies (iCET). The two top security officials are also learnt to have deliberated upon pressing global and regional issues of mutual interest. Sullivan, accompanied by a delegation of senior American officials and industry leaders, is on an official visit to New Delhi from June 17 to 18. Following the launch of the iCET by Prime Minister Narendra Modi and President Joseph Biden on the sidelines of the Quad summit in Tokyo in May 2022, the two NSAs have driven a concerted effort to engage in identified areas of collaboration in diverse domains of new and emerging technologies, including semiconductors, artificial intelligence, quantum computing, defence innovation, space and advanced telecommunications.

Li Qiang, Australian Prime Minister Anthony Albanese and senior ministers of both administrations met at Parliament House on Monday to discuss thorny issues, including lingering trade barriers, conflict between their militaries in international waters and China’s desire to invest in critical minerals. Li, China’s most senior leader after President Xu Jinping, arrived in the South Australian state capital of Adelaide on Saturday and the national capital of Canberra late Sunday in the first visit to the country by a Chinese premier in seven years.

Parliament session after the 2024 general elections, a meeting of National Democratic Alliance (NDA) partners is likely to take place to discuss the candidate for the Lok Sabha Speaker's post and to ensure better floor coordination among the alliance partners in the Parliament session, sources said. The first Parliament session is scheduled to start from June 24 and conclude on July 3. The election for the Lok Sabha Speaker post is scheduled to be held on June 26.

Inside Out 2, which hit theaters on June 14, director Kelsey Mann is already contemplating the future of Riley's emotional odyssey. The sequel continues Riley's growth as she navigates the challenges of high school, introducing new emotions like Anxiety, Envy, and Nostalgia. Mann shared in an interview with USA Today that despite some ideas left on the cutting room floor for Inside Out 2, there's a burgeoning stockpile of concepts ready for a potential third installment.

When the Canadian Western Bank opened its doors in 1984, it was a bank on a mission.

Delhi High Court that smaller teams from their existing strength of five bomb disposal squads (BDS) and 18 bomb detection teams (BDT) can be formed to meet the requirement of more such units in case of an emergency. The Delhi Police said there are also 23 BDS/BDT units of the Central Armed Police Forces stationed in the national capital, which can be deployed after due approval of the Ministry of Home Affairs. It further said five batches of BDS/BDT, having 15 personnel in each batch, will also be trained in this regard.

Yogi Adityanath offered financial assistance to the family of two workers from Gorakhpur who lost their lives in a fire accident in Kuwait and to devotees who were injured in the recent terrorist attack on a pilgrims' bus in Jammu and Kashmir's Reasi. Recently, 45 Indians died in a fire in a multi-storey building in Kuwait. These included Angad Gupta, a resident of Jatepur North in Sadar tehsil area of Gorakhpur and Jairam Gupta, a resident of Bhammaur in the Campierganj tehsil area. Chief Minister Yogi Adityanath contacted the Ministry of External Affairs and the Indian Embassy in Kuwait and made arrangements to bring their bodies to their homes with respect.

Giriraj Singh said that the decision on 1,563 candidates who got "grace marks" has been taken as per the students' conformity. Union Minister Giriraj Singh said, «Education Minister Dharmendra Pradhan held cordial talks with representatives of students and parents. The decision on almost 1,563 candidates has been taken as per the students' conformity, I hope that Dharmendra Pradhan will work very seriously on this matter.» Earlier, Union Education Minister Dharmendra Pradhan assured students that a transparent process will be followed and they should not worry.