Parke Financial News

G20 Summit, Delhi Metro Rail Corporation (DMRC) has announced that feeder buses between Delhi Aerocity Station of Airport Line and Terminal 1 will be unavailable from 8-10 September. In order to reach Terminal 1, DMRC has asked commuters to use the Magenta Line and get down at Terminal 1-IGI Airport Metro Station.

China’s exports are faltering and its consumers are spending less at home, the country is flooding the world with cars. Overseas demand for inexpensive vehicles made in China, mostly gasoline-powered models that Chinese consumers now shun in favor of electric cars, is so great that the biggest obstacle to selling more abroad is a lack of specialized ships to carry them. Chinese automakers have leaped to dominance in Russia since war began in Ukraine, transporting cars by train. The companies have also captured large shares of markets in Southeast Asia, Australia, South America and Mexico.

G20 Summit, New Delhi's New Delhi district witnessed the implementation of strict traffic regulations on Friday morning. As reported by PTI citing officials, restrictions have been imposed on online delivery services, with the exception of medicines, within the vicinity of the G20 Summit venue and the hotels designated for the attending delegates.

Delhi district on Friday morning while online delivery services, except for medicines, have been barred in the area where the G20 summit venue and hotels for delegates are located, officials said. The New Delhi district has been designated as Controlled Zone-I from Friday 5 am till Sunday 11.59 pm because of the summit.

So few tourists are coming to the Hawaiian island of Maui after last month's wildfires that restaurants and tour companies are laying off workers and unemployment is surging

NEW DELHI : In order to strengthen the domestic production of Active Pharmaceuticals Ingredients (APIs), the Department of Pharmaceuticals is conducting a first-of-its-kind study on the gaps and challenges in the sector. In this regard, all pharma companies and drug manufacturing associations have been asked to share the import and export data of APIs for analyzing the domestic industry, financial gaps and technological challenges to make India future-ready in the global market.

Delhi area, which houses the G20 Summit venue and hotels where delegates will be staying, will be put under a tight security ring from Friday morning and there will a slew of traffic restrictions in place, officials said. The movement of vehicles will be regulated in the New Delhi district as the area will be considered as Controlled Zone-I from 5 am on Friday till 11.59 pm on Sunday due the G20 summit. However, movement of ambulances will be allowed and local residents of the area and tourists accommodated there will be permitted to move after presenting proper identification papers, police said. They further stated that all online delivery services, except medicines, will be barred in the New Delhi district during the G20 Summit. According to officials, police will be maintaining a hawk-eye vigil during the summit, with the assistance of over 50,000 personnel, K9 dog squads and mounted police. In an advisory released on August 25, the Delhi Traffic Police has listed out restrictions on the movement of goods vehicles, buses, auto-rickshaws and taxis and has urged people to make maximum use of metro services in view of regulated movement of traffic. Police have also urged people not to visit India Gate and Kartavya Path for activities such as walking, cycling and picnicking in view of the G20 Summit. Special Commissioner of Police (Traffic) S S Yadav had said as India Gate and Kartavya Path have been «designated in the controlled zone», the Delhi Police appeals to people not to visit the area for «walking, cycling or picnicking» during the G20 Summit. He said that essential services such as postal and medical services, sample collections by pathological labs will be allowed throughout Delhi. The police have also advised

Wales will meet South Korea in a friendly match on Thursday evening. Rob Page's men will take on Latvia in their first match in the qualifying round of the EURO 2024 tournament. Earlier, they held Croatia to a draw in their opening qualifier before beating Latvia at the Cardiff City Stadium in March and they are fourth on the table in Group D after four games. But they lost to Armenia 4-2 and to Turkey 2-0.

Kolkata Metro Rail Corporation (KMRC) has taken a significant step towards advancing the long-awaited East-West Metro's Sector V-Haldiram extension project. KMRC has applied to the railway ministry, requesting full funding amounting to Rs 2,265 crore for this critical undertaking. Over the years, the progress of this 6.6km extension has been impeded due to disagreements between the state government and the railway ministry concerning cost-sharing.

Renewable energy company Avaada Group on Thursday announced setting up a green hydrogen and ammonia manufacturing unit at Gopalpur Industrial Park of Tata Steel SEZ Ltd in Odisha. The announcement follows Avaada's signing of a memorandum of understanding (MoU) with Tata Steel Special Economic Zone Ltd (TSSEZL). Earlier, TSSEZL had signed an MoU with ACME Clean Energy.

A South Korean maker of automotive seating will build a $35 million factory in eastern Georgia to supply a new Hyundai Motor Group plant outside Savannah

Jung Kook of BTS will join the Global Citizen Festival lineup, making one of his first live solo appearances at the Sept. 23 benefit concert in New York’s Central Park

The University of South Florida is looking for some big changes when the Tampa school plans to open a new $340 million on-campus football stadium in 2026

Rescue teams in Turkey, Greece and Bulgaria have recovered the bodies of seven more people following floods after fierce rainstorms

A lawsuit seeking class-action status accuses nine mobile home community management companies and a mobile home market data provider of conspiring to fix and inflate lot rental prices at more than 150 locations across the U.S. The lawsuit filed last we...

Indian market. This exclusive model is priced at ₹46 lakh ex-showroom, prior to any optional additions, and will be produced locally at the BMW Group Plant Chennai. Interested customers can purchase the BMW 2 Series Gran Coupe M Performance Edition exclusively through the BMW Online shop.

Jonathan Schiessl, Deputy CIO, Westminster Asset Management, says “China looks very cheap compared to India. And some of the other markets in the region, be they developed markets like Japan, look quite attractive as well. I think India will continue to do well. We still very much like India, particularly on the medium to longer term basis. But, yes, in the short term, it has obviously recovered, had a good run, and looks a little bit expensive compared to some other markets.”PSUs were not the most favoured stocks till about three-odd years back, but in the last three years, the game has completely changed. Some of these stocks are even looking overheated at these levels. Within the PSU pack, do you have any favourites? What do you make of the rally that one is seeing in the government-owned entities?It is not surprising. Clearly the indices have done pretty well and they were looking fairly good value and under-owned. Personally, we tend to steer away from most of the PSU stocks. We tend to focus on other segments of the market. So it is not a part of the market that we chase. But yes, there are some pretty decent ones out there. Some of the oil and gas ones look quite interesting. But generally speaking, we tend to focus on the private sector rather than public sector stocks.

Delhi Metro train services will kick off early, starting from 4 am at terminal stations across all lines. As per a TOI report, this extended schedule is set to be in effect for three days, from September 8 to September 10. During this period, trains will operate with a 30-minute frequency on all lines until 6 am.

selfie" and images of the Earth and the Moon taken by the camera on-board Aditya-L1 solar mission spacecraft. «Aditya-L1, destined for the Sun-Earth L1 point, takes a selfie and images of the Earth and the Moon,» the Bengaluru-headquartered national space agency said on 'X'. The images show VELC (Visible Emission Line Coronagraph) and SUIT (Solar Ultraviolet Imager) instruments as seen by the camera on-board Aditya-L1 on September 4, 2023.ISRO also shared the images of the Earth and Moon as seen by the camera. India's first-ever space expedition to study the Sun, the Aditya-L1 was launched at 11:50 am on Saturday from the Satish Dhawan Space Centre (SDSC-SHAR) in Andhra Pradesh's Sriharikota.

Bengaluru metro updates: The purple line of the Bengaluru metro is reportedly going to get fully operational on 15 September. MoneyControl news reported that the two stretches on the purple line, Kengeri – Challaghatta and KR Puram – Baiyappanahalli will become operational after 15 September for the public. With the completion of work, the purple line will connect east Bengaluru to most parts of the city.

Jung Kook, a member of BTS, will co-headline the Global Citizen Festival 2023 in New York City's Central Park on September 23. This marks his debut at the festival and his first performance at a U.S. festival, though he appeared in the GMA Summer Concert Series 2023 and attended Coachella earlier this year as a fan. Expressing his excitement, Jung Kook stated, «I'm thrilled to be a headliner at this year's Global Citizen Festival. The festival focuses on important causes and encourages action, and I'm glad to be a part of it. I look forward to performing at the Great Lawn in Central Park in front of a large audience.» The Global Citizen Festival is a ticketed event, and tickets can be obtained by taking actions to combat extreme poverty through the Global Citizen app and website. The event aims to urge world leaders gathered for the UN General Assembly in New York to address the climate crisis, promote gender equity and tackle global hunger. Jung Kook joins previously announced headliners Ms. Lauryn Hill, Red Hot Chili Peppers and Anitta. The line-up also includes Conan Gray, D-Nice, Megan Thee Stallion, Sofia Carson and Stray Kids. The festival will be broadcast and livestreamed worldwide.