Reports Financial News

Islamic State fighters have killed nearly 4,100 people in Syria since 2019 when the jihadists lost their last stronghold in the country, a war monitor said Saturday. IS overran large swathes of Syria and Iraq in 2014, proclaiming a so-called caliphate and launching a reign of terror in June of that year. In March 2019, the jihadist group lost its last scraps of Syrian territory in a Kurdish-led military campaign backed by a US-led coalition, but remnants continue to launch deadly attacks from desert hideouts.

Black Mirror Cafe in East Delhi's Vikas Marg area to celebrate her birthday, a TOI report stated.

MSMEs will expand their presence across various sectors, producing a wide range of products consumed by millions regularly. Today, MSMEs play a pivotal role by contributing approximately 30% to India’s GDP, as reported by the MSME Ministry’s FY23 annual report. The progressive ecosystem of India and the availability of required resources have enabled MSMEs to deploy cutting-edge technologies to transform the energy space. From how energy is extracted, managed, and consumed to how it is sold, MSME startups are playing a critical role in digitising and revolutionising the customer journey. Whether it's a smart fuelling station in Mumbai or an AI-driven oil rig in Gujarat, MSMEs are spearheading a digital transformation that promises to redefine the country’s energy future and drive sustainability in the Indian economy. The need for digitisation in energy India's energy sector faces several challenges, and the biggest challenge among them is the lack of monitoring and measurement systems. With digitisation, we can unlock multiple opportunities, such as promoting data-driven decision-making, enhanced forecasts and predictive maintenance, reduction in duplicate work, gauging market demand, improving fuel distribution networks, and understanding price fluctuations.

HubSpot said on Friday it is investigating a cybersecurity incident that targeted its customers. «On June 22, we identified a security incident that involved bad actors targeting a limited number of HubSpot customers and attempting to gain unauthorized access to their accounts,» a HubSpot spokesperson told Reuters in an emailed statement.

cricket matches so far. India have won 14, South Africa 11 and one match did not produce any results. In T20 World Cups, these two teams have clashed against each other 6 times.

West Bengal Governor CV Ananda Bose on Friday filed a defamation case against Chief Minister Mamata Banerjee at the Calcutta High Court, a day after she claimed that women complained to her saying that they were afraid to visit the Raj Bhavan because of the activities there, a source said. Bose earlier in the day criticised Banerjee for her remarks and stated it was expected of public representatives not to create «erroneous and slanderous impressions. The Bengal Governor also filed defamation against certain TMC leaders, he said… During an administrative meeting in the state secretariat, Banerjee on Thursday claimed that „Women have informed her they are afraid to visit Raj Bhavan due to recent incidents reported there“.

Amazon is reviewing claims that the artificial intelligence startup Perplexity AI is scraping content — including from prominent news sites — without approval

Fashion and jewellery retailers are hopeful that festivals and the wedding season in the second half of the year will create more demandas discretionary spending has been subdued, reported TOI. A good monsoon, which gives cash to the people employed in the agricultural sector, is also expected to boost consumption. There was a rise in consumption towards the end of March quarter but full recovery in demand still remains. The mass segment has been impacted the most as there has been a slowdown in spending from the lower income households. The premium segment continues to do well.

investors digested in-line inflation data and weighed political uncertainty after the U.S. presidential debate. Nike had its steepest one-day fall in over two decades after a gloomy forecast.

Saeed Jalili ahead Saturday, followed by reformist Masoud Pezeshkian. The early results, reported by Iranian state television, did not initially put Jalili in a position to win Friday's election outright, potentially setting the stage for a runoff election. It also did not offer any turnout figures for the race yet — a crucial component of whether Iran's electorate backs its Shiite theocracy.

labourer was recovered early Saturday from under the debris of a wall that collapsed at a construction site in the Vasant Vihar area here amid heavy rain, officials said. Two more labourers are feared trapped beneath the rubble, they said. The incident occurred on Friday and it was reported to the Delhi Fire Services (DFS) around 5:30 am. The deceased has been identified as Santosh Kumar Yadav, 19, the Delhi Fire Services officials said and added that his body was recovered around 6.10 am on Saturday.

interest rate sensitivity of a major trading portfolio for state-owned public sector banks and foreign banks increased from September 2023 to March this year, implying greater exposure to the impact that volatility in bond yields can have on profits and capital. «The AFS (available for sale) portfolio's sensitivity (PV01) increased for PSBs (public sector banks) and FBs (foreign banks) since September 2023, while it declined for PVBs (private banks),» the Reserve Bank of India (RBI) said in its June 2024 Financial Stability Report.

Delhi Airport’s Terminal 1 due to heavy rains, Civil Aviation Minister Ram Mohan Naidu detailed measures to assist passengers and ensure safety. The incident led to one death and multiple injuries. The meeting resulted in the establishment of a 24x7 war room monitored by MoCA to oversee passenger assistance. The war room is tasked with ensuring full refunds or alternative travel arrangements for affected passengers within seven days. Helpline numbers were provided for IndiGo and SpiceJet passengers at T2 and T3 terminals, along with contact details for immediate assistance. All refund ought to be processed within a stipulated time of seven days. Contact details including phone numbers will be shared with passengers for immediate assistance. The War Room Helpline numbers for IndiGo are:

Israel large numbers of munitions, including more than 10,000 highly destructive 2,000-pound bombs and thousands of Hellfire missiles, since the start of the war in Gaza, said two U.S. officials briefed on an updated list of weapons shipments. Between the war's start last October and recent days, the United States has transferred at least 14,000 of the MK-84 2,000-pound bombs, 6,500 500-pound bombs, 3,000 Hellfire precision-guided air-to-ground missiles, 1,000 bunker-buster bombs, 2,600 air-dropped small-diameter bombs, and other munitions, according to the officials, who were not authorized to speak publicly. While the officials didn't give a timeline for the shipments, the totals suggest there has been no significant drop-off in U.S. military support for its ally, despite international calls to limit weapons supplies and a recent administration decision to pause a shipment of powerful bombs.

Delhi Airport's Terminal 1 collapsed due to heavy rainfall, leading to an indefinite suspension of operations. Approximately 128 flights were canceled, and all activities were shifted to Terminals 2 and 3. «Flights to and from Terminal 1 have been closed till further notice,» said the aviation ministry. On average, about 200 flights of IndiGo and SpiceJet operate from T1. IndiGo has the larger share of flights. All arrivals and departures have been moved to T-2 and T-3. The shuttle service from Delhi Aerocity Metro station to Terminal 1-IGI Airport has also been suspended.

ITC Ltd has overtaken Britannia Industries for the first time to become the second largest listed packaged foods company by sales in India, behind Nestle. ITC's foods business posted consolidated sales of Rs 17,194.5 crore for the fiscal year ended March 31, 2024, the company that owns brands such as Aashirvaad atta, Bingo potato chips and Sunfeast biscuits in the segment said in its latest annual report. This comprised both domestic sales and exports. At Britannia, consolidated sales were ?16,769.2 crore, while total income, including from outside its core foods business, was Rs 16,983.4 crore.

mutual evaluation report (MER) that the Financial Action Task Force (FATF) adopted at its meeting in Singapore recognised the Indian government's achievements in fighting money laundering and the funding of terrorism, the finance ministry said. «The MER adopted in the FATF plenary places India in the 'regular follow-up' category, a distinction shared by only four other G20 countries,» the finance ministry said in a statement on Friday. «This marks a significant milestone in the nation's efforts to combat money laundering (ML) and terrorist financing (TF).» The MER assessed the effectiveness of India's measures to combat money laundering, terrorist financing and proliferation financing, as well as its compliance with FATF norms, the intergovernmental body said in a statement on Friday. «India has reached a high level of technical compliance with the FATF requirements and its anti-money laundering and terrorist financing regime is achieving good results,» the FATF noted.

Banks across the country have been put on alert amid tip-offs received by the regulator on possible cyberattacks. They have been told to proactively monitor their systems for threat detection on a 24/7 basis. «In the light of credible threat intelligence received regarding potential cyberattacks, regulated entities are advised to put in place enhanced state of surveillance and resilience capabilities to guard against these threats,» said an advisory issued by the Reserve Bank of India to financial institutions on June 24.

Delhi airport's Terminal 1 collapsed amid record rain early Friday morning as the monsoon swamped the national capital region. The tubular structure crushed cars, including cabs, as it came down, shutting off entry into the building and leaving passengers stranded. Flights to and from the terminal at the Indira Gandhi International Airport, one of the busiest in the world, were cancelled, civil aviation minister Ram Mohan Naidu Kinjarapu told reporters after inspecting the airport. T1 is used for the domestic flight operations of IndiGo and SpiceJet, handling about 1,400 movements daily. In total, 123 flights were cancelled.