Southern Financial News

07.08 / 07:43

Merit Remark Southern boost 2024 Ahead of 2024 Lok Sabha elections, Rahul Gandhi's return as MP a major boost for Opposition

Congress party, was sentenced to two years in jail by a lower court for making defamatory remarks about Prime Minister Narendra Modi’s surname during an election rally in 2019. He can now contest elections after the Supreme Court suspended his conviction. The secretariat of the lower house of parliament issued a notification on Monday saying his disqualification, which ran for four months, has been revoked.

07.08 / 01:45

UPS Waters Southern stage country rock Dozens saved by Italy from migrant shipwrecks; some, clinging to rocks, plucked to safety by copters

Italy as they foundered in the sea or clung to a rocky reef Sunday after three boats launched by smugglers from northern Africa shipwrecked in rough waters in separate incidents over the weekend. Survivors said some 30 fellow migrants were missing from capsized vessels. In a particularly risky operation, two helicopters battled strong winds to pluck to safety, one by one, the migrants, including a child and two pregnant women, who had been stranded for nearly two days on a steep, rocky reef of tiny Lampedusa island.

06.08 / 18:03

COST UPS Reuters Southern country two dead Two dead, 30 missing and 57 rescued after migrant shipwrecks off Italy's Lampedusa

The body of a women and a child were recovered by Italian coastguard after two migrant shipwrecks off the southern Italian island of Lampedusa. Around 57 people were rescued, and more than 30 are believed to be missing at sea as of Sunday following two migrant shipwrecks off the southern Italian island of Lampedusa, the coastguard said Sunday.

06.08 / 17:49

UPS Waters Extreme Southern Portugal wildfire rages as strong winds and heat fan flames

LISBON (Reuters) — More than 1,100 firefighters and 14 water-carrying aircraft battled a wildfire in central Portugal's Castelo Branco area on Saturday as civil protection authorities said hot, windy conditions meant it could take days to put out.

06.08 / 17:13

UPS Waves Target Southern Shell country Centre Ukraine says blood transfusion centre hit in Russian attacks; Crimea bridges hit

By Pavel Polityuk

06.08 / 09:39

BLOCK Action Highways Southern Odisha cannabis case: Section 144 imposed after violent mob sets fire to Kandhamal district's police station

Also read: Fire breaks out at Ahmedabad hospital in Gujarat; 125 patients evacuated A massive manhunt has been initiated by the police to apprehend the culprits involved in the incident. More than 30 people, including three women, have been detained after night-long raids.

06.08 / 02:45

BLOCK Southern Suez Canal tugboat sinks after collision with tanker

Suez Canal tugboat sank on Saturday and one of its crew was missing after it collided with a Hong Kong-flagged LPG tanker though shipping traffic in the strategically important waterway was largely unaffected, the canal authority said. Convoys of ships passing through the canal from the north were not affected, while the passage of ships travelling from the south returned to normal by about midnight on Saturday, Suez Canal Authority (SCA) said in a statement. The tanker, Chinagas Legend, is waiting in Port Said until the completion of procedures related to the accident, (SCA) head Osama Rabie said in an earlier statement.

06.08 / 02:03

COST awards Southern SPY country Power Sri Lanka issues tenders choosing India over China for power projects near Jaffna

Sri Lanka has issued tenders choosing India over China for power projects near Jaffna, shortly after President Ranil Wickremesinghe's New Delhi trip. The Ceylon Electricity Board (CEB) recently called for tenders to execute the hybrid power projects in three northern islands of Sri Lanka using a grant of $12 million from India, according to Colombo-based sources. In January 2021, Sri Lanka had awarded the contract to Chinese firm Sinosar-Etechwin to install a hybrid renewable energy system in Nainativu, Delft or Neduntheevu and Analaitivu islands off the coast of Jaffna, which was later scrapped.

05.08 / 14:01

UPS Citi Provident Waters Southern Celebrity Executive boating US publishing executive killed in Italian boating accident

ROME (Reuters) -An American publishing executive died after being knocked overboard in a boating accident off the Amalfi Coast in southern Italy, the Association of American Publishers (AAP) said.

05.08 / 14:01

Citi Waters Southern country China's July economic losses from disasters exceed January-June

BEIJING (Reuters) — China's direct economic losses from natural disasters surged to 41.18 billion yuan ($5.74 billion) in July, more than in January to June combined, driven by severe weather as two powerful typhoons hit the country in one month.

05.08 / 12:19

Provident FIVE Remark Southern show concert FM Sitharaman lays foundation stone for archeological museum in Adichanallur

NEW DELHI: Union finance minister Nirmala Sitharaman laid the foundation stone for an archeological museum in Adichanallur in the Thoothukudi district on Saturday, the Ministry of Finance said. During her visit, the minister assessed the Adichanallur Parambu region, where removal work has been ongoing since around 2021. Adichanallur was one of the five archaeological sites declared to be developed as ‘Iconic Sites’ in the Union Budget 2020-21.

05.08 / 08:01

UPS Corning Southern country cover Robust rains accelerate rice planting in India

farm ministry's latest data, up 3.28% from the same period last year, as robust monsoon rains encouraged the expansion of acreage. Higher rice planting in India, the world's second-biggest producer of the grain, will ease concerns about lower output of the staple. India late last month ordered a halt to its largest rice export category a move that will roughly halve shipments by the world's largest exporter of the grain.

05.08 / 04:57

UPS Lowe's Extreme Southern Food prices pick up as trade tensions, extreme weather flare

food prices rose for the first time in three months, as trade disruptions from India to the Black Sea and extreme weather stoke supply concerns anew. The United Nations’ index of food-commodity prices gained 1.3% in July, led by vegetable oil, according to a Friday report. That marks a pickup from the two-year low reached the prior month as fresh threats emerge in the supply chain.

04.08 / 20:27

Booking Waters Disney CEO Southern Celebrity Executive U.S. publishing executive dies in a boat crash off Italy's Amalfi Coast

An U.S. publishing executive has died in a boating accident off Italy’s Amalfi Coast

04.08 / 18:15

SUN Platform Mobile Southern social China Set to Impose Mobile Device Limits for Minors

mental health of young people. Chinese parents who have struggled to keep their children away from screens are looking forward to the change. “It would be great if there was a way to force him not to spend so much time online," Wang Yuefang, a shift manager at a textile factory in the southern manufacturing hub of Guangzhou, said of her 13-year-old son.

04.08 / 17:55

Digital Southern Finance minister asks RRBs to focus on flagship schemes

Nirmala Sitharaman on Friday said that Regional Rural Banks (RRBs) should continue their focus on the flagship schemes of the Central Government such as PMJJBY, PMSBY, PM SVANidhi, Atal Pension Yojana, PM Jan Dhan Yojana, PM Mudra Yojana, KCC, KCC Animal Husbandry & Fisheries, and aim for their saturation. Chairing a review meeting with chairpersons and senior officials of Regional Rural Banks from Southern Region in Chennai, Sitharaman said that RRBs and Sponsor Banks should improve their Current and Savings Account (CASA) Ratio.

04.08 / 17:23

Digital CEO Southern performer Customers RRBs need to focus on digitally active customers to promote greater digitalisation of economy: FM Nirmala Sitharaman

Sitharaman on Friday exhorted Regional Rural Banks (RRBs) to focus on increasing digitally active customers to supplement the government's effort for greater digitalisation of the economy. Sitharaman was here to review the financial performance of RRBs in the southern region. During the meeting, Financial Services Secretary Vivek Joshi gave a presentation on various financial metrics of the RRBs.

04.08 / 14:45

Digital Southern Finance minister asks regional rural banks to focus on flagship schemes

Nirmala Sitharaman on Friday said that Regional Rural Banks (RRBs) should continue their focus on flagship schemes of the Central government such as PMJJBY, PMSBY, PM SVANidhi, Atal Pension Yojana, PM Jan Dhan Yojana, PM Mudra Yojana, KCC, KCC Animal Husbandry & Fisheries, and aim for their saturation. Chairing a review meeting with chairpersons and senior officials of RRBs from the southern region in Chennai, Sitharaman said that RRBs and sponsor banks should improve their current and savings account (CASA) ratio.

04.08 / 07:49

Reuters Extreme Highways Southern country Mexico: Bus carrying foreigners including Indians plunges into ravine, 18 dead

Also read: Govt explores bus roof mounted air purification systems to tackle air pollution: Jitendra Singh Officials stated that they were still in the process of identifying the deceased victims. Around 20 individuals who sustained injuries in the accident have been taken to hospitals for treatment, with one woman reported to be in a "delicate" condition, according to the state government, reported Reuters.

04.08 / 06:49

UPS Target FIVE NIC Fighting Southern Brolga rules could threaten more wind farms

Several other wind farms planned in western Victoria are in the firing line of rules being imposed to protect the iconic brolga waterbird, opening up the possibility that a big chunk of renewable power generation needed to help meet climate targets does not proceed.

04.08 / 05:53

UPS Bitfinex Platform Enterprise Southern Bitcoin New York couple plead guilty to bitcoin laundering

Ilya Lichtenstein, 35, and Heather Morgan, 33, were arrested in February last year after the US government seized 95,000 bitcoin then valued at $3.6 billion. Prosecutors said the pair stole the bitcoin in 2016 using «advanced hacking tools.» Authorities recovered the funds from wallets controlled by the duo. Since their arrests, the government has seized another approximately $475 million tied to the hack, the Southern District of New York said in a statement.

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