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NEW DELHI : The People’s Bank of China (PBoC) continues to own shares worth at least ₹25,000 crore across 20 major Indian companies, including Tata Consultancy Services (TCS) Ltd, Infosys Ltd, Hindustan Unilever Ltd and Vedanta Ltd, despite escalating geopolitical tensions between the two nations over the past three years, company filings showed. Infosys and ICICI Bank are PBoC’s biggest portfolio holdings in India. The Chinese central bank owns 0.8% of Infosys, worth ₹4,678 crore, and 0.7% of ICICI Bank, worth ₹4,583 crore at current prices.

Jim Cramer, the well-known host of CNBC’s Mad Money show, has raised eyebrows with his recent Bitcoin (BTC) forecast.

₹18,893 crore in September after six straight months of inflows, showed NSDL data. Till now, in October, they remain sellers. The ‘higher interest rates for a longer period’ narrative amid the US Federal Reserve’s hawkish stance could accelerate outflows from emerging markets including India.

ITV's daytime show 'This Morning' for 14 years, sent shockwaves through her fanbase with the announcement of her dramatic departure. The 42-year-old host revealed her exit in an emotional Instagram statement, citing her decision as a difficult one and emphasizing her focus on family. In the wake of this revelation, several bombshells have surfaced that have left the public intrigued and inquisitive about the reasons behind her exit. Here are the five major revelations stemming from Holly Willoughby's sensational departure from 'This Morning.' 1. The Reason for Quitting: In a heartfelt statement shared on Instagram, Holly expressed that her decision to leave 'This Morning' was motivated by her family.

Canada is set to welcome 11,000 migrants from Colombia, Haiti and Venezuela this fall, immigration minister Marc Miller said.

Revenue from operations in the second quarter was flat at Rs 271 crore. The company has posted an EBITDA of Rs 100 crore in the quarter under review, again flat compared with the last year period. EBITDA margins, meanwhile, were down 19 bps to 37%. The board has approved the appointment of Anil Malani as President and Chief Financial Officer and also the appointment of Manoj Jain as Chief Operating Officer of the company.

Mr. Monk’s Last Case: A Monk Movie," is set to release in December.

best Forex brokers with high leverage listed are RoboForex and Exness, both offering a staggering 1:2000 leverage with minimal investments of $10 and $1, respectively. These brokers, along with others like InstaForex and Weltrade, are regulated by various international bodies, ensuring traders' capital is at risk within a governed framework. Despite the attraction of high profits, the study reveals that between 70% and 80% of retail investors incur losses in trading Forex instruments and CFDs.

hedge funds to produce higher returns with the prospect of interest rates staying higher for longer, a BNP Paribas investor survey showed on Wednesday. Interest rates in big developed economies have shot up since late 2021 to contain inflation, with resilience in the U.S. economy adding to a sense that rates will likely stay higher for longer than initially expected. Investors now expect hedge funds to return an average of 9.75% annually within an average of 19 months, up from 6.85%, according to the survey. However, hedge funds themselves think this will take longer, up to 29 months, the survey showed. «There is a lag for hedge funds to catch up in the rising rate environment,» said Marlin Naidoo, global head of capital introduction at BNP Paribas. «The question now is whether investors will be willing to wait — because that is where the gap is,» said Naidoo. BNP Paribas said historical evidence shows hedge funds tend to perform well in higher and stable interest rate environments and less so when rates are lower. When central banks are in a tightening or loosening cycle, hedge fund performance is not correlated to rising and falling rates, it added. Stripping away the general rise in the MSCI index of world stocks, hedge funds posted on average a 1.10% better performance than three-month Treasury bills from January 2022 to August 2023, BNP Paribas said. Only four of the central banks overseeing the 10 most heavily traded currencies held rate setting meetings in August.

9to5Mac shared an instance where his iPhone 15 Pro Max, operating on iOS 17.0.3, seemingly powered off overnight. According to him, the evidence lies in the battery data, which displayed an interruption from midnight to 3 AM.

By Mariam Sunny

₹73.92 crore to the bank. A bench led by Justice Kuldeep Kumar Kareer said, “We are of the considered view that the petitioner, in this case, has been able to establish the factum of existence of financial debt and its default having been committed by the Corporate Debtor and further that the petition has been filed well within the period of limitation. Therefore, we find the present petition to be a fit one for admission under Section 7 of the Code." Section 7 allows a financial creditor to initiate insolvency proceedings against a corporate debtor for non-payment of dues owed to them.

ALICE SPRINGS, Australia—In Australia’s vast and sparsely populated Northern Territory, the indigenous communities that make up more than a quarter of the population are divided. Australia has long wrestled with the legacy of colonialism and how best to improve the lives of indigenous Australians—who are poorer, less healthy and less educated, and more at risk for domestic violence, suicide and incarceration than other groups.

WASHINGTON (Reuters) — U.S. producer prices increased more than expected in September amid higher costs for energy products, but underlying inflation pressures at the factory gate continued to moderate.

(Reuters) — U.S. stock index futures briefly pared gains on Wednesday after data showed a stronger-than-expected rise in September producer prices, bolstering the case for the Federal Reserve to keep its interest rates elevated for longer.

The Consumer Price Index (CPI) report for September 2023 is scheduled for release on Thursday, October 12, at 08:30 ET (12:30 GMT).

By Nell Mackenzie

Mint explains why insiders expect the current quarter to be historic. India’s air passenger traffic has more than doubled since 2013. Domestic air passenger traffic for April-September 2023 saw a 142% jump to 112.9 million passengers from 46.6 million during the same period in 2013.

The largest public pension fund in the US is looking hire a new chief investment officer by early next year following the surprise resignation of its previous leader less than 18 months on the job.

The profit slump is over. Third-quarter earnings season is getting under way, and it will likely be much better than the second quarter’s for U.S. public companies.

It’s taken them a while, but perhaps Democratic leaders are beginning to understand that Trump deplorables aren’t the only voters who care about illegal immigration. It wasn’t long ago that President Biden was dismissing the massive surge of unlawful border crossings as a seasonal phenomenon, and New York Mayor Eric Adams was grinning ear-to-ear for the television cameras while welcoming migrants in person as they arrived at the Port Authority Bus Terminal in Manhattan. But that was then.