Progressive Financial News

Ambuja Cement and New Delhi Television Ltd, ACC Ltd continued adding to their gains in the morning trades on Thursday on a day when benchmark indices were trading in the red. The combined market cap of the 10 Adani group listed companies had increased by about ₹27316 Crore in the morning trades.

The heads of state from South America’s Mercosur trade bloc are in Rio de Janeiro for a meeting that is expected to disappoint members hoping to finalize a deal with the European Union

Norfolk Southern railroad plans to stop paying relocation aid to people displaced by last February's fiery derailment in eastern Ohio right after the one-year anniversary of the crash

Narendra Modi is scheduled to address the second edition of the prominent Financial Technology event, Infinity Forum 2.0, on December 9, 2023, according to an official release. As per the statement, the event is hosted by the International Financial Services Centres Authority (IFSCA) and GIFT City, under the aegis of the Government of India.

The Bank of Canada left its benchmark interest rate unchanged at 5.0 per cent for the third consecutive decision.

Google took its next leap in artificial intelligence Wednesday with the launch of project Gemini, an AI model trained to behave in human-like ways that’s likely to intensify the debate about the technology’s potential promise and perils

Narendra Modi. At CoP-26 held in Glasgow, India launched the Lifestyle for the Environment (LiFE) initiative, recognizing the necessity of behavioural change to drive climate-friendly solutions among individuals, communities and organizations.

The Bank of Canada held its key benchmark interest rate at 5 per cent Wednesday, saying data suggest the economy is no longer in excess demand.

International Civil Aviation Day is observed every year on December 7 to raise awareness about the significance of international civil aviation in the social and economic development of countries. This day was first celebrated on 7 December 1994 to mark the 50th year of the signing the Convention on International Civil Aviation. The special day also highlights the essential role of the International Civil Aviation Organization (ICAO) in promoting cooperation among nations and establishing a global transit network for the benefit of all. To mark ICAO anniversaries, the ICAO Council selects a special theme for International Civil Aviation Day. The theme for this year is «Advancing Innovation for Global Aviation Development.» Today, the International Civil Aviation network now carries over four billion passengers annually. This global air transport sector plays a crucial role in supporting 65.5 million jobs while over 10 million individuals work in the industry, according to United Nations data.

Happiest Minds Technologies is one such stock in this regard. The company's shares witnessed an unprecedented rally between December 2020 and September 2021, soaring from ₹313.95 apiece to ₹1,380, delivering a staggering return of 340%. However, the stock has since gone through a fall, falling by approximately 39% to date, reaching ₹840.

₹572 apiece on the BSE, as the leading ferro chrome producer received its final compensation order worth over ₹350 crore from the Coal Ministry on Wednesday, December 6. On Wednesday, shares of Indian Metals and Ferro Alloys Ltd opened at ₹539.00 and gained 6.12 per cent to hit its 52-week high-mark of ₹572, against a previous close of ₹528.65 on the BSE.

WASHINGTON—During more than a dozen phone calls to discuss the war in Gaza between President Biden and Prime Minister Benjamin Netanyahu, a U.S. official, who has become increasingly involved in the administration’s handling of the conflict, was listening in: Vice President Kamala Harris.

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The Maharashtra government in July formally awarded the 259-hectare Dharavi redevelopment project to a firm under the Adani Group. Thackeray will start his march from Dharavi to the office of Adani Group on December 16, according to an Indian Express report. He accused the state government of favouring the business conglomerate, Adani Group, by awarding the project.

Rajeev Chnadrasekhar said in response to a question in Rajya Sabha. According to Chandrasekhar, the G20 nations have also agreed to extend the coverage of the International Labour Organisation (ILO) and Organisation for Economic Co-operation and Development (OECD) Skills for jobs databases to G20 countries.

Ambuja Cement and New Delhi Television Ltd but with the exception of ACC Ltd continued adding to their gains on Wednesday. The combined market cap of the 10 Adani group listed companies had increased by about ₹87,224 crore till noon on Wednesday. investor confidence got a boost post the news flow suggesting that US government agencies have found allegations levelled by Hindenburg against the Adani group as irrelevant and unsubstantiated.

e-invoice for B2C transactions in the next 2-3 years, an official said on Wednesday. Currently, businesses with a turnover of Rs 5 crore and above are required to generate e-invoice for their Business to Business (B2B) sales and purchases. The government is planning to extend the e-invoice requirement to B2C transactions as well.

Taiwan makes the majority of the world's most advanced semiconductor chips, used in everything from smartphones to electric vehicles, and the government has long worried about Chinese efforts to copy its success, including through industrial espionage and poaching engineers.

Mahaparinirvan Din’ that is 67th death anniversary of Dr BR Ambedkar. Visitors in large numbers visited Chaitya Bhoomi in Dadar from Monday to Thursday to pay homage to Dr Ambedkar. of Mahaparinirvan Diwas.

When Robert Habeck, co-leader of the Green party and the economy tsar in Germany’s ruling coalition, floated a bill last spring that mandated replacing gas and oil boilers with cleaner heat pumps, he got more heat than he bargained for. Tabloids screamed his “heat hammer" would push millions into debt. Whipped-up fury against “Green fascism" boosted ratings for the hard-right Alternative for Germany (AfD) party.

Bank of India (RBI) began on Wednesday, December 6. RBI Governor Shaktikanta Das will disclose the decision of the Monetary Policy Committee (MPC) around 10 am on Friday, December 8. There is widespread anticipation of rates staying as it is after the RBI MPC meeting even as inflation has eased significantly and economic growth remains strong.