Reports Financial News

Federal agents were involved in a shootout early Tuesday as they tried to serve a search warrant at the Little Rock home of the person who leads Bill and Hillary Clinton National Airport

The state of New York is moving to update its fracking ban

A South Korean tanker has capsized off an island in southwestern Japan

South Carolina officials are preparing to remove over 1.2 million gallons of toxic waste from a World War II aircraft carrier in Charleston Harbor

The Biden administration this week is expected to announce new automobile emissions standards that relax proposed tailpipe limits for three years but eventually reach the same strict standards set out by the Environmental Protection Agency

The British Virgin Islands (BVI) is aiming to become a major hub for digital asset activities. To achieve this, the territory is working to execute rules and systems that would enable participation in the expanding digital asset market.

MOSCOW (Reuters) — Russia said on Wednesday that it knew about U.S. intelligence efforts to use commercial satellite operators such as SpaceX and cautioned that such moves made their satellites legitimate targets.

By Timothy Gardner

Investing.com — The U.S. Federal Reserve concludes its policy-setting meeting later in the session, and this is keeping volatility low. Samsung has gained on reports it could be working with Nvidia (NASDAQ:NVDA), while U.K. inflation fell by more than expected the day before the Bank of England meets to discuss monetary policy.

By Stephen Nellis

It was an implied volatility day yesterday ahead of the VIX expiration this morning. The important level for the VIX is 14, and as of yesterday, the VIX closed at 13.8.

Begusarai as the world's most polluted city reflected "Western bias", the Bihar State Pollution Control Board (BSPCB) said on Wednesday and questioned the methodology used in the entire exercise. Speaking to PTI, BSPCB Chairman Devendra Kumar Shukla questioned why only one pollutant, PM 2.5, was taken into consideration for analysing the air quality of Begusarai and other cities in India. «When we talk about air quality, it should be a comprehensive analysis, taking into account all pollutants — PM 2.5, PM 10 (particulate matter less than 10 microns), nitrogen oxide, sulphur dioxide, ozone, carbon monoxide, ammonia and lead,» he said. «I will not call it a comprehensive analysis of air quality at all. There is a Western bias in the report,» he added.

BSE Sensex hovering near record highs. However, brokerage firms are adopting a cautious stance following this prolonged rally. Phillip Capital, in a recent report, predicted that Nifty's euphoric rally is likely to see a sharp decline.

Knight Frank's latest report, released on March 20. The Prime Global Cities Index, which tracks the movement of prime residential prices across 45 cities worldwide, saw Mumbai leapfrog five places from its 8th position in Q4 2022 to claim the third spot. This remarkable surge highlights the city's growing appeal among high-net-worth individuals and the resilience of its luxury housing segment.

BJP. The BJP's southern push is part of its larger plan to emerge as a pan-India party. But there are short-term considerations too. The party's target of winning 370 seats when it has maxed out in its traditional stronghold states can be realised only by winning more seats in the South. Additionally, it is expecting strong resistance from opposition parties in Maharashtra and Bihar and also its South Indian bastion of Karnataka, where its NDA coalition won 26 out of 28 seats in 2019 polls. Its new chief ministers in Rajasthan and Madhya Pradesh are untested which could be a vulnerability. For these reasons, the BJP has crafted a major campaign for South India led by Prime Minister Narendra Modi who has visited South India nearly two dozen times in the past few months. Modi on Tuesday wrapped up his whirlwind tour of South India by holding a roadshow in Kerala and a public rally in Tamil Nadu

White House unveiled almost $20 billion in new grants and loans Wednesday to support Intel's US chip-making facilities, marking the Biden administration's largest funding announcement yet as it tackles China's dominance of the crucial technology. President Joe Biden's decision to make the announcement during a trip to Arizona underscores his strategy of highlighting legislative achievements in key battleground states ahead of November's presidential rematch against Donald Trump.

North Korea has successfully conducted a ground-jet test of a solid-fuel engine for a new type of intermediate hypersonic missile amid heightened tensions on the Korean peninsula, according to Yonhap News Agency. Reportedly, hypersonic missiles are on the list of sophisticated weapons North Korean leader Kim Jong-un vowed to develop during a key party congress in 2021, along with nuclear-powered submarines, spy satellites and solid-fuel intercontinental ballistic missiles. The missiles travel at a speed of at least Mach 5, five times the speed of sound, and are designed to be maneuverable on unpredictable flight paths and fly at low altitudes.

Sri Lanka has said it will allow foreign offshore research ships for replenishments at its ports despite a one-year ban on such vessels, a senior official has said after China protested to Colombo for allowing a German survey ship but turning down Beijing's similar request. This is the first time Sri Lanka has officially admitted that foreign research vessels will be allowed for replenishments since President Ranil Wickremesinghe's government imposed a one-year ban on offshore research vessels in December last year after strong security concerns raised by India and the US following the visit of two Chinese high-tech research vessels in 14 months. «The ban on foreign ships is for research purposes, not on replenishment,» the Economy Next portal quoted Niluka Kadurugamuwa, Sri Lanka's Foreign Ministry Spokesman, as saying. «There was a German research vessel recently for replenishment and Sri Lanka allowed it,» he said.

Also Read: Inflation to ease, FY24 GDP growth seen at 6.6%: Kotak Bank chief economist Upasna Bhardwaj “The recent performance in assembly elections suggests that: a) the ‘Modi factor’; b) the perception of the work done; and c) implementation of welfare programmes worked in favor of BJP. The government has refrained from turning populist and remains on the fiscal consolidation path in the run-up to the 2024 election," the UBS report said.

Maruti Suzuki India, the country's largest automaker, surged to a historic high, crossing the ₹12,000 per share mark for the first time in today's trading session to set a new record high of ₹12,025 apiece by gaining 3.7%. This surge represents the fourth consecutive day of gains for the stock.

Badaun. UP Director General of Police (DGP) Prashant Kumar said the accused was shot dead when he opened fire on the police team pursuing him, The Indian Express reported. According to reports, the children, identified as Ayush and Honey, were playing on the terrace of a building when Sajid arrived and waited for an opportune moment before carrying out the heinous act.