RAI Financial News

United Nations Security Council, Ukraine’s ambassador in New Delhi said. Ukraine wants India to “moderate” talks between the two warring nations and use its ties with Russia to convince Moscow to join peace talks, Oleksandr Polishchuk said Tuesday. Ukraine has proposed India hold a peace summit before November 2024 aimed at ending the conflict, but it’s not clear yet if New Delhi will agree, he said. “If India is aiming for permanent seat in the United Nation’s Security Council to serve its own interest, it is setting the bar too low,” Polishchuck said.

Aam Aadmi Party leader Durgesh Pathak was granted bail on a bond of Rs 1 lakh in the alleged excise policy case by Delhi's Rouse Avenue court on Wednesday. He appeared on summons issued by the court. Meanwhile, Delhi Chief Minister Arvind Kejriwal was summoned through video conferencing from the Tihar jail. His judicial custody was extended till September 25.

Tamil actor Jayam Ravi, announced their separation after 15 years of marriage. In a heartfelt statement, Aarti expressed her shock and sadness, revealing that the news of their divorce was made public without her knowledge or consent. She emphasized that after nearly two decades together, such a significant decision should have been handled with more respect and privacy. «I was deeply shocked and saddened by the recent public announcement regarding our marriage, which was made without my knowledge or consent,» Aarti said. «After 18 years of shared history, I believe that such a significant matter should be handled with the grace, respect, and privacy that it deserves.» «The decision to walk out of our marriage is purely one sided and does not benefit our family.»

Supreme Court on Wednesday said it will hear on September 17 the appeal of US-based creditor Glas Trust Company LLC against a judgment of the NCLAT, which had stayed insolvency proceedings against ed-tech firm BYJU's and approved its Rs 158.9 crore dues settlement with the BCCI. A bench comprising Chief Justice D Y Chandrachud and Justices J B Pardiwala and Manoj Misra was urged by a battery of lawyers that the plea be heard urgently keeping in mind the subsequent developments in the case. The plea was mentioned by senior advocate NK Kaul, appearing for the ed-tech major, that the case needed to be heard at the earliest. The submission was supported by Solicitor General Tushar Mehta, appearing for the BCCI, and senior lawyer Abhishek Singhvi, also appearing for the ed-tech firm.

Essar Group entity Essar Oil and Gas Exploration & Production Ltd under the Corporate Insolvency Resolution Process (CIRP). On Tuesday, the division bench of Justice Ashok Bhushan and technical members Barun Mitra and Arun Baroka, while suspending the National Company Law Tribunal (NCLT) order observed that Section 9 Application has been resorted as a recovery mechanism which is not permissible under the IBC. “Appellant (Essar Oil and Gas Exploration) is a healthy company which has a turnover of Rs 800 crores and about 425 Employees are working,” observed the appellate tribunal. “Section 9 application ought not to have been admitted by the adjudicating authority and the adjudicating authority has in the order although noticed the settlement but has not appropriately dealt with the settlement,” noted the appellate tribunal in its order.

NADA) on wrestler Bajrang Punia’s plea against his suspension. The next hearing will now happen in October. Ahead of the Senior World Wrestling Championships to be held in Albania in October, wrestler Bajrang Punia approached the Delhi High Court challenging his suspension by the National Anti-Doping Agency (NADA). The grappler has claimed that the conduct of the agency is in violation of his fundamental rights to practice a profession and earn a livelihood under the Constitution of India, and that he would be «forced to retire» if the «arbitrary» suspension is not lifted. On June 21, the National Anti-Doping Agency suspended Punia for a second time and issued the formal «notice of charge», rendering him ineligible to train and participate in competitions.

Amazon Web Services, said on Wednesday that it plans to spend 8 billion pounds ($10.45 billion) in the United Kingdom over the next five years to build, operate and maintain data centres. The company expects the investment project to contribute 14 billion pounds to the country's gross domestic product by the end of 2028 and to support more than 14,000 jobs at British businesses. The project represents a step-up in the pace of Amazon's investment in Britain. Since 2022 AWS has invested 3 billion pounds in facilities in London and Manchester.

Financial planners advise systematic withdrawal plans in a mix of mutual fund schemes for regular monthly income which is tax efficient as well.

Madhabi Buch has maintained her complete silence for weeks on all of the emerging issues. «Buch has maintained her complete silence for weeks on all of the emerging issues,» said the shortseller in a post on X. In reaction, Hindenburg said «New allegations have emerged that the private consulting entity, 99% owned by SEBI Chair Madhabi Buch, accepted payments from multiple listed companies regulated by SEBI during her time as SEBI Whole-Time Member. The companies include: Mahindra & Mahindra, ICICI Bank, Dr. Reddy’s and Pidilite. These allegations apply to Buch's Indian consulting entity with no details thus far on Buch's Singapore-based consulting entity.»

Brazil will play Paraguay in FIFA World Cup qualifier game for South America on Tuesday night. Five-time winners and the most successful soccer team in FIFA World Cup won their previous match against Ecuador. Paraguay drew with Uruguay in their last game. Brazil versus Paraguay soccer game is scheduled to kick off at 8.30 pm (ET) on Tuesday, September 10 at Estadio Defensores del Chaco — Asuncion in Paraguay. Also Read: Big worry! A US recession indicator is stating that the world's largest economy is in a downfall

Two US officials who wanted to be anonymous, told the publication that Qin, the former politician has now employed at World Affairs Press. It is a publishing company which is associated with China's foreign ministry. The officials shared with the publication that the demotion took place suddenly. One described it as a «fall from grace» and another one claimed it ,«he's off the hook.» One source stated to the post, «He's not going to jail, but his career is over.» Also Read: Are Taylor Swift's fans or Swifties disappointed with her choice of friends?

US stock markets are facing a major fix because of a multitude of reasons, and the US Elections 2024 is one of the main reasons for the same, with the heated contest between Donald Trump and Kamala Harris laying a significant impact on various stock market trades over the course of the past few days. Meanwhile, it is being predicted that the stock markets could face a real trying time in the next two months, mostly because of some market factors like an impending recession.

Floriana Lima will appear in Season 21 of Grey’s Anatomy in a recurring role. She will portray Nora, a character connected to Owen and Megan Hunt. The new season begins on September 26.

Kamala Harris and former President Donald Trump are set to face off in their first debate in Philadelphia, Pennsylvania, on September 11. The debate will mark the first time the Democratic and Republican candidates will meet in person and share a stage. In the last debate, Trump successfully cornered President Joe Biden, who has since dropped out of the race after handing over the Democrats' baton to Kamala Harris. But this time, the tables have turned. In tonight's ABC News debate, former President Donald Trump, now 78, is facing scrutiny over his age and capacity as he debates with 59-year-old Kamala Harris. This comes amid concerns raised about his recent public appearances and statements.

Rings of Power Season 2 Episode 5 will be released at 3 am (ET), September 12 on Prime Video. Meanwhile, Rings of Power Season 2 episodes six to eight will be released on September 19, September 26, and October 3. Also Read: Spider-Noir: See updates about cast, where to watch, plot and production of Amazon’s Marvel series

India and the UAE have inked a pact that provides a framework for giving services for operation and maintenance of nuclear plants in the emirate. The Memorandum of Understanding was signed by Bhuwan Chandra Pathak, Chairman and Managing Director of the Nuclear Power Corporation of India Limited (NPCIL), and Mohamed Al Hammadi, the Managing Director and Chief Executive Officer of the Emirates Nuclear Energy Corporation (ENEC) of the UAE. The MoU was inked during the ongoing visit of Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan to India. Al Nahyan held talks with Prime Minister Narendra Modi on Monday.

Nvidia is going through an epic nosedive, having lost nearly $470 billion last week. However, there are still chances that the company will rise through the ashes, once its AI chip is on the market. There are also rumors that the stock price is being driven down with a motive to earn profits after its one-of-a-kind artificial intelligence-enabled chip is launched into the markets, which will make the company's stock rally upwards.

Kamala Harris and Donald Trump will face each other for the first time on Tuesday night in a debate that may be their only one. It offers a critical chance for both to present their contrasting visions after a chaotic campaign season. Americans will get a clearer picture of how the race has shifted since the previous debate in June. This debate follows Biden’s decision to withdraw from the race in July, endorsing Harris. Biden’s exit came after facing backlash from Democrats due to his performance in the June debate. Harris now has a rare chance to present herself as a steady hand for the future.