Southern Financial News

Khaitan Chemicals & Fertilizers(up 5.05%), Nagarjuna Fertilizers & Chem(up 4.79%), Deepak Fertilizers & Petrochemicals(up 4.31%), Gujarat Narmada Valley Fertilizers (up 2.14%), Mangalore Chemicals & Fertilizers(up 1.23%), ZUARIAGRO(up 1.22%), Chambal Fertilisers & Chemicals(up 0.81%), Coromandel International(up 0.32%), Paradeep Phosphates(up 0.20%) and Aries Agro(up 0.05%) stood among the top gainers. G S F C(down 7.30%), Fertilizers & Chemicals Tranvancore(down 5.89%), Agro Phos(down 4.23%), Sikko Industries(down 3.39%), Madras Fertlizers(down 2.37%), Rashtriya Chemicals & Fertilizers(down 1.90%), Rama Phosphates(down 1.46%), KRISHANA(down 1.24%), National Fertilizer(down 0.69%) and Southern Petrochemicals Industries(down 0.67%) were among the top losers of the day. The NSE Nifty50 index ended 116.0 points up at 19727.05, while the 30-share BSE Sensex closed up 385.04 points at 66265.56. Coal India Ltd.(up 7.11%), Larsen & Toubro Ltd.(up 4.24%), IndusInd Bank Ltd.(up 2.19%), SBI Life Insurance Company Ltd.(up 2.09%), Tech Mahindra Ltd.(up 1.62%), State Bank of India(up 1.49%), HCL Technologies Ltd.(up 1.46%), LTIMindtree Ltd.(up 1.45%), HDFC Life Insurance Company Ltd.(up 1.42%) and Axis Bank Ltd.(up 1.36%) stood among the top gainers in the Nifty pack. On the other hand, Tata Consumer Products Ltd.(down 2.29%), Britannia Industries Ltd.(down 0.84%), Sun Pharmaceutical Industries Ltd.(down 0.81%), Infosys Ltd.(down 0.76%), Oil And Natural Gas Corporation Ltd.(down 0.71%), Mahindra & Mahindra Ltd.(down 0.71%), Hindalco Industries Ltd.(down 0.63%), Hindustan Unilever Ltd.(down 0.63%), Cipla Ltd.(down 0.59%) and Bharti Airtel Ltd.(down 0.56%) closed in the red.

Flooding from a cyclone in southern Brazil has washed away houses, trapped motorists in vehicles and swamped streets in several cities

Rescue teams in Turkey, Greece and Bulgaria have recovered the bodies of seven more people following floods after fierce rainstorms

Russia and Ukraine, five drones were shot down overnight in three Russian regions, with one targeting the capital city, Moscow. Fortunately, there were no reported casualties from these incidents. Meanwhile, Russia continued its fourth day of air attacks on Ukraine's port city, Izmail, situated on the Danube River.

Disney+ Hotstar has announced a new Tamil original called MY3 directed by M Rajesh starring Hansika Motwani, Shanthnu, Mugen Rao and Ashna Zaveri that will premiere on 15 September. 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.

Global South," and that at the upcoming Group of 20 meetings being held in New Delhi, that voice will be heard. At the August summit of the BRICS nations — Brazil, Russia, India, China and South Africa — current chair South Africa declared its goal was to «advance the agenda of the Global South.» And ahead of this May's summit of the Group of Seven wealthy democracies in Hiroshima, Japanese Prime Minister Fumio Kishida stressed that the guest nations he had invited reflected the importance of the Global South. The United Nations, the World Bank, U.S. President Joe Biden — everyone seems to be talking about the Global South these days.

NEW YORK (Reuters) — Digital Currency Group was sued on Wednesday by its bankrupt Genesis Global Capital cryptocurrency lending unit, as both sides negotiate DCG's repayment on more than $610 million of loans that matured in May.

WATFORD GAP, England—There is no Mason-Dixon Line in England to settle debate about where the North ends and the South begins. So physicists at Sheffield Hallam University used artificial intelligence to draw one. Their conclusion: The line runs right past Watford Gap rest area, a clump of fast-food outlets and gas pumps on a highway 80 miles from London.

An invitation from the President’s office to G20 leaders for a dinner that describes Droupadi Murmu as the “President of Bharat"—rather than of “India"—has sparked off a war of words between the ruling party and the opposition, with the latter spying in it a trial balloon to rename the country. To be sure, “Bharat" has been used in other official missives as well, even from the Prime Minister.

tourism ministry, gives some clues into these trends. International travel in India is being driven by the growing number of Indians travelling abroad. The number of foreign tourists entering India in the quarter ended 30 June was still 13% down since the same period four years ago, and has been slow to recover.

GST law to tax online gaming, casinos and racecourse at 28% rate as the state cabinet is expected to consider a draft Ordinance on Thursday. The Finance department has moved the subject to the Cabinet for consideration, senior officials confirmed. The Haryana Assembly too, last month, amended the law, taking the lead.

The proposed Thai Canal, often referred to as the Kra Canal, has been a subject of considerable discussion and analysis due to its potential impact on global trade routes. If realized, this canal would offer an alternative to the Straits of Malacca, a critical maritime passageway that currently serves as a conduit for a significant portion of global trade. China, which heavily relies on the Malacca Straits for its maritime trade, has shown considerable interest in the project.

A former DRW Holdings LLC trader and research analyst was accused in a lawsuit of stealing proprietary computer code used in the firm’s quantitative strategies.

El Nino intensified, and forecasts for lower rainfall in September are further threatening to disrupt supplies. While wheat output forecasts are being revised lower due to dry weather in Australia, the world's second largest exporter, record-low monsoon rains are expected to reduce the volume of crops, including rice, in India, the world's biggest shipper of the grain, meteorologists and analysts said. Insufficient rains in Southeast Asia, meanwhile, could dent supplies of palm oil, the world's most widely used vegetable oil, while extreme weather in top corn and soybean importer China is putting food output at risk. «We are in full-blown El Nino weather in several parts of the world and it is going to intensify towards the end of the year,» said Chris Hyde, a meteorologist at U.S.-based Maxar, which provides climate data analytics. «The weather pattern in Asia will correlate with dry El Nino conditions.» El Nino is a warming of Pacific waters which typically results in drier conditions over Asia and excessive rains in parts of North and South America. LACK OF RAINS IN INDIA, AUSTRALIA India's monsoon rains, crucial for summer crops such as rice, sugarcane, soybeans and corn, are poised to be the weakest in eight years. «The impact of El Nino is much greater than we had anticipated,» said a senior India Meteorological Department official. «This month is going to end with a deficit of over 30%, marking it as the driest August on record.

(Reuters) — Kroger (NYSE:KR) and Albertsons Companies Inc are in talks to sell some grocery stores to C&S Wholesale Grocers to obtain regulatory approval for their $25 billion merger, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Two executives of a Swedish oil exploration and production company have gone on trial in Stockholm for securing the company’s operations in Sudan through their alleged complicity in war crimes 20 years ago

New Delhi: Jawan is reaching the theatres only this Thursday, but the Shah Rukh Khan starrer is likely to achieve something that only Southern cinema spectacles have managed so far: Securing a blockbuster opening outside their home regions. The film has garnered substantial bookings not only in the north but across south India as well.

Premier Li Qiang will attend the G20 Summit in India which is scheduled to take place on September 9 and 10 in the national capital, instead of President Xi Jinping. That would make him the second major leader after Russia’s President Vladimir Putin to skip the event.

PTI. In Andhra Pradesh, The Meteorological department has forecast heavy rains in parts of Andhra Pradesh for the next four days, accompanied by lightning and thunderstorms, PTI has reported.

Reuters, the uncompromising positions on the conflict have resulted in a lack of consensus, to the extent that not even a single joint statement has been reached in the approximately 20 ministerial meetings held under India's G20 presidency this year. Consequently, it falls upon the leaders to navigate these challenges and attempt to find potential solutions.

Taitung: Typhoon Haikui toppled hundreds of trees, damaged coastal roads and dumped torrential rain across Taiwan Monday before it weakened into a severe tropical storm and headed for southern China. Haikui had initially appeared to depart the island but made a second landfall early Monday in southwest Kaohsiung before moving out into the Taiwan Strait. There were no reports of deaths. More than 100 people suffered injuries during the typhoon, according to authorities, though they were minor — mostly due to fallen trees and car accidents. Destruction was seen in coastal Taitung, a mountainous county in lesser-populated eastern Taiwan where the storm directly hit the day before. «This is the first time I have seen such a big typhoon in my life,» said Chen Hai-feng, 55, a village chief in Taitung's Donghe township. Although Haikui is considered less severe than previous storms, Chen told AFP it felt more powerful as he surveyed an early-morning work crew removing trees from a road.