Parke Financial News

Fresh inflows under FCNR(B) which eliminates currency risk for NRIs, touched $2 billion in April-October, compared with an outflow of $841 million in the same period a year ago, showed the latest Reserve Bank of India (RBI) data published in its monthly Bulletin. Overall, fresh NRI deposits doubled to $6 billion during the April-October of 2023, from $3 billion in the same period a year ago. «Relatively higher interest rates happen to be one of the driving factors,» said Madan Sabnavis, chief economist at Bank of Baroda.

India vs South Africa, 1st ODI: Everyone is excited to witness India's two-match Test series against South Africa. The visitors are hoping to create history and become the second Asian team after Sri Lanka to defeat the Proteas in a Test series at their home. In great news for the Indian fans, star batter Virat Kohli is back in the squad after a short break which BCCI sources tagged as a pre-planned trip to London.

Gaurav Dayal, Commissioner of Ayodhya has said that in the meeting held on Saturday, arrangements were reviewed for the upcoming Prime Minister Narendra Modi's visit to the holy city on December 30, where he will inaugurate the airport and railway station and also conduct a roadshow and public gathering. «All facilities are available in hospitals. The Chief Minister is also reviewing it. For high-end services, we will keep a backup plan from here to Lucknow.

South Africa. Since 1992, India have played 23 Tests in South Africa and won only four. They’ve lost 12, with seven draws and what will really hurt was their last visit.

ICICI Securities, the financial services company of ICICI Bank, has picked up over 188,000 sq ft office space in information technology park Mindspace Juinagar in Navi Mumbai through a long-term lease of over 12 years. The ICICI Bank subsidiary has leased the office space spread across five floors in one of the towers of the IT park from Newfound Properties & Leasing, a subsidiary of real estate developer K Raheja Corp. The financial services company will be paying monthly rentals of Rs 92.15 lakh for the office space. The lease agreement includes a clause to escalate rentals 4% every year, taking its total payout to around Rs 166 crore through the total term of the lease. The deal was registered on December 15 and the lease tenure will commence from January 1, 2024, shows documents accessed through Propstack.

Manoj Jarange Patil on Saturday announced yet another indefinite fast seeking Maratha reservations. This time in Mumbai, the Maratha leader will start his fast this time in Mumbai’s Shivaji Park Dadar. “ I will be launching a indefinite fast from January 20 in Mumbai’s Shivaji Park, Dadar and Azad Maidan near Chhatrapati Shivaji Terminus.

ALSO READ: Virat Kohli unexpectedly flies back to India: Will he play 1st Test against South Africa? Here's what BCCI sources say As his replacement, the Men’s Selection Committee has named Abhimanyu Easwaran. Earlier in the day, India's star Virat Kohli had to fly back home due to some emergency in his family.

Bollywood has created a mythical version of Punjab that’s all unending mustard fields, water flowing through canals, homes where elderly ‘beeji’ and ‘bauji’s word is law, brothers live happily with brothers, their wives make gigantic glasses of lassi and alu ke parathe and gajar ka halwa… Don’t forget that omnipresent tractor in the big courtyard of their ‘khandani’ haveli, and the one gurudwara that looks after the rest of the ‘pind’…

Chinese automaker, BYD (SZ:002594) announced Friday that the company has decided to build a new energy vehicle production base in Hungary.

NEW DELHI: India’s government-backed quasi-sovereign wealth fund for infrastructure investments is now ready to welcome its new honcho. Sanjiv Aggarwal, who oversees global private equity firm Actis’s energy investments in Asia, is set to take over as the chief executive of National Investment & Infrastructure Fund (NIIF), two people aware of the matter said on condition of anonymity. “Sanjiv has been selected to head NIIF.

The National Park Service is offering free admission to U.S. national parks on six days in 2024.

Laal Krishna Advani-led Ram Mandir movement materialised in 2019 owing to a Supreme Court decision ruling in favour of the Hindu side, during the Narendra Modi governance period, giving the saffron party an edge with the religious fundamentalists. Now the Bihar Chief Minister Nitish Kumar government has announced the Bihar government's ₹72-crore plan to redevelop the Punourdham in Sitamarhi.

cricket match at Boland Park. His 108 runs off 114 balls were crucial for India's win. The Men in Blue beat South Africa by 78 runs.

Gyeongseong Creature, an original South Korean series, is set to hit screens in two parts. Part 1, which has 7 episodes, is scheduled for release on December 22, 2023, with Part 2 with 3 episodes following on January 5, 2024. Both the parts will be available on the streaming platform at 12:00 a.m. PT/3:00 a.m. ET.

India vs South Africa Live Score Updates, 3rd ODI: IND vs SA, KL Rahul led team India will look to clinch the series against the Proteas at the Boland Park Stadium in Paarl today. The three-match ODI series is currently tied, with the Men in Blue winning the first match and the hosts coming back with a phenomenal performance in the second.The Indian team management will have a lot of questions to answer ahead of the series decider on Thursday.

second ODI, however, India's batting failed to gain momentum and were restricted to 211 runs, which the Proteas chased down with 8 wickets to spare in less than 44 overs. Going into the third ODI, the Indian team management will have plenty of questions to ponder, with the form of Ruturaj Gaikwad and Tilak Varma proving a cause for concern.

warehousing sector and is looking to invest over ₹1,200 crore over the next two years to build its portfolio across the country. The firm is looking to build total warehousing assets spread over around 4 million sq ft during this period, said a top official of the company. The institutional investment manager is in talks with developers in key metro cities of Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Chennai, Bengaluru as well as select non-metro cities to undertake these warehousing projects. «With the robust infrastructure and various government policy initiatives showing economic green shoots across the country, the warehousing and logistics sector presents significant potential for institutional investors.

cryptocurrency exchange filed for bankruptcy last year, Thomas Braziel, an investor who specializes in collapsed businesses, started brokering an unusual kind of transaction: a market to profit from FTX's downfall. Braziel put one of his clients in touch with a large financial firm that had lost nearly $100 million when FTX went under. Last December, the firm agreed to sell its claim in the FTX bankruptcy — essentially an IOU from the collapsed exchange — for 6 cents on the dollar, betting that it was better to collect some fast cash than wait years for the husk of FTX to start paying creditors back.

SHANGHAI: Shanghai Disney Resort will open a Zootopia-themed attraction to the public on Wednesday aiming to capitalise on a post-pandemic desire for travel and experiences in China. Zootopia, which came out in Chinese cinemas in 2016, remains one of the highest-grossing imported animated films ever released in the country. This marks Disney's first Zootopia-themed site and the eighth themed area at the Shanghai Disney Resort which opened in 2016 and was expanded in 2018 with a Toy Story-themed attraction. While consumption in China has been slow to bounce back following the lifting of COVID-19 curbs a year ago, domestic travel and experiences have rebounded more strongly, with Shanghai Disney Resort one of the beneficiaries. «I think what you saw over the last year as people emerge from the virus is them getting out and experiencing life again,» said Joe Schott, president and general manager at Shanghai Disney Resort. In its fourth-quarter earnings last month, Walt Disney flagged higher attendance at its Shanghai and Hong Kong parks as one of the factors driving 31% growth in its Experiences division, which includes its theme parks. Shanghai Disney Resort is a joint venture in which Chinese state-owned Shendi Group holds a 57% stake. (Reporting by Casey Hall; editing by Jason Neely)

Sameera Agro And Infra Limited IPO: The initial public offering (IPO) of of small and medium-sized enterprises (SME) Sameera Agro And Infra Limited will be opening for subscription on Thursday, December 21. It comprises a fixed price issue with a price band set at ₹180 per share at a face value of ₹10 per share. The SME IPO will close on Wednesday, December 27, 2023.

end-of-life vehicles to their owners. Justice Jasmeet Singh observed that the court was «flooded» every day with petitions by aggrieved people in the absence of a policy, and that although the government was trying to control pollution «at the same time the citizens cannot be harassed». «This is troublesome.