Southern Financial News

BJP and the JD(S) over their alliance and said the SC, ST, OBC, minorities and women of Karnataka must take note of this tie-up between 'conservative, regressive and misogynist parties.' Ahead of the 2024 Lok Sabha polls, Janata Dal (Secular) decided to ally with the BJP following a meeting of H D Kumaraswamy with Home Minister Amit Shah and party president J P Nadda. In a post on X, Chidambaram said, «The long-suspected secret is out.

A privately owned high-speed passenger train service has been launched between Florida’s two biggest tourist hubs

KRISHANA(up 8.38%), Madhya Bharat Agro Products(up 3.60%), Fertilizers & Chemicals Tranvancore(up 2.39%), Deepak Fertilizers & Petrochemicals(up 1.98%), Mangalore Chemicals & Fertilizers(up 1.86%), Coromandel International(up 1.38%), Southern Petrochemicals Industries(up 0.62%) and Aries Agro(up 0.23%) stood among the top gainers. National Fertilizer(down 1.96%), Rama Phosphates(down 1.31%), Paradeep Phosphates(down 1.18%), Gujarat Narmada Valley Fertilizers (down 0.82%), Madras Fertlizers(down 0.72%), Sikko Industries(down 0.67%), Khaitan Chemicals & Fertilizers(down 0.60%), Nagarjuna Fertilizers & Chem(down 0.58%), G S F C(down 0.30%) and Rashtriya Chemicals & Fertilizers(down 0.28%) were among the top losers of the day. The NSE Nifty50 index ended 68.1 points down at 19674.25, while the 30-share BSE Sensex closed down 221.09 points at 66009.15. IndusInd Bank Ltd.(up 2.94%), Maruti Suzuki India Ltd.(up 2.43%), State Bank of India(up 1.7%), Mahindra & Mahindra Ltd.(up 1.5%), Bajaj Finserv Ltd.(up 1.14%), Tech Mahindra Ltd.(up 1.06%), Coal India Ltd.(up 1.03%), Asian Paints Ltd.(up 0.94%), HDFC Life Insurance Company Ltd.(up 0.8%) and Tata Consumer Products Ltd.(up 0.77%) stood among the top gainers in the Nifty pack. On the other hand, Dr.

retail sales grew 9% year-on-year in August, indicating momentum to early festival season buying, the Retailers Association of India (RAI), an industry body that works with retailers pan-India, said on Friday. “Retailers witnessed a growth of 9% in the month of August 2023. QSR and Jewellery showed a growth at 14% each, while food & grocery has shown a 13% growth.

women's reservation bill has ignited hope among stakeholders about attaining gender equality in India's political landscape, especially at the policy-making level, even as some raised concerns over its effectiveness given the uncertainty in the deadline for its implementation. The bill to reserve one-third of the seats in the Lok Sabha and state assemblies for women received the parliamentary nod on Thursday as the Rajya Sabha unanimously voted in its favour.

summer was the hottest ever in the Northern Hemisphere. In fact, scientists announced last week that June, July and August this year were the warmest on record globally, confirming that the horrific heat waves in many places were as awful as they seemed. But, as you're probably already aware, the summer didn't bring record-breaking heat to California. Some daily temperature records were broken in July in Palm Springs, Anaheim and Redding, but overall, the Golden State actually enjoyed its coolest summer since 2011, said Dan McEvoy, a researcher with the Western Regional Climate Center. That's a particularly big relief after three consecutive summers that all ranked among the state's 10 most sizzling on record. The northern third of California was warmer than usual (compared with the past 30 years) because of a high-pressure system over the Pacific Northwest that reached into the northernmost parts of the state, McEvoy said.

Analysts are mixed on the IPO mainly due to the competitive nature of the industry in which the company operates. «We advise investors to wait and watch the performance of the company once the stock is listed and then take a call,» said Avinash Gorakshakar of Profitmart Securities while recommending an «Avoid» rating. However, StoxBox said the company's product catalogue, stronghold in the southern markets and a good track record are some of the key positives driving the company's future prospects. «The pricing looks attractive vis-à-vis its peers as it values MVGJL at 11.7x of its FY23 earnings. We, therefore, recommend a SUBSCRIBE rating to the issue,» it said. Vaibhav Jewellers is one of the earlier entrants in the organised jewellery retail market of Andhra Pradesh and continues to focus on regional expansion into the high-growth untapped regions within the micro-markets of Andhra Pradesh and Telangana. About 77% of its retail showrooms are in tier-2 and tier-3 cities and the rest are in Hyderabad and Visakhapatnam catering to urban consumers. The IPO comprises a fresh issue of Rs 210 crore and an offer for sale (OFS) of up to 28 lakh equity shares.

The Biden administration says it’s granting temporary legal status to hundreds of thousands of Venezuelans already in the country

For the first time in a century, a private passenger rail service will launch new operations in the U.S. and this time it involves high-speed trains

President Joe Biden ordered federal agencies to continue holding Norfolk Southern accountable for its February derailment in eastern Ohio and appoint a FEMA official to oversee East Palestine's recovery, but he stopped short of declaring a disaster

By Tim McLaughlin

Ukraine killed at least two people, started fires and wounded at least 21. The attack carried out on the International Day of Peace coincided with the United Nations General Assembly summit in New York, where Ukrainian President Volodymyr Zelensky delivered a speech and presented a Ukrainian “peace formula.” The missile attack was Russia’s largest since August 15 and came a day after reports of sabotage at a Russian military airfield in Chkalovsk near Moscow. In the southern city of Kherson, near the front lines, two people were killed in Thursday's attacks and at least five injured after a strike hit a residential building, said regional Governor Oleksand Prokudin. Seven people were injured in Kyiv, including a 9-year-old girl, reported Mayor Vitalii Klitschko, and some residential and commercial buildings were damaged. At least six strikes hit the Slobidskyi district of Kharkiv, damaging civilian infrastructure, said regional Governor Oleh Syniehubov.

Trump also promised to expand on a travel ban that barred people from several countries with majority Muslim populations during his 2017-2021 presidency. Calling record illegal U.S.-Mexico border crossings under President Joe Biden an "invasion," Trump sought to place blame for the problem on the current administration. Biden, a Democrat, is running for re-election and could have a rematch election against the Republican front-runner Trump.

The railroad industry is trying to make sure that emergency responders can quickly look up what is on a train quickly when they respond to a derailment

Narendra Modi is set to flag off the Tirunelveli – Chennai Vande Bharat Express Train on Sunday via video conference. The first train will reportedly leave from Tirunelveli Junction around noon and reach the capital city in about 7.5 hours. The train will arrive at its starting location on Thursday for mandatory trials ahead of the launch event.

India has claimed the second-largest position in the global crypto market, surpassing the UK, Turkey, and Russia in raw transaction volume.

A New York firm that managed billions of dollars for sanctioned Russian oligarch Roman Abramovich was sued by the Securities and Exchange Commission for not registering as an investment adviser.

One of New Zealand’s leading growers, Bostock Group, is set to swing open the farm gates to private equity and strategic buyers just as ASX-listed fruit and vegetable processor Costa Group works towards an agreed deal with New York buyout fund PSP.

Nipah virus infection, a senior official of the health department said on Wednesday. The official informed that the man from the Burdwan district, who was working as a migrant laborer in Kerala, was admitted to the hospital with high fever, nausea, and throat infection, according to a report published by the news agency PTI. One of his family members said requisite tests on the youth to confirm the infection are yet to be done.

Amazon Prime Video has announced a new Telugu show titled Kumari Srimathi starring Nithya Menen directed by Gomtesh Upadhye that will premiere on 28 September. The seven-episode series will also be available in Tamil, Hindi and Malayalam. Video streaming platforms are likely to offer 50-60% of the budgets to southern language content, with these programmes seeing much traction, accounting for 30% of OTT viewership, said industry experts.

King Charles III of the United Kingdom starts a three-day state visit to France meant to highlight with great pomp both nations’ friendship