Southern Financial News
21.08 / 12:26
Fighting
Election
Southern
students
country
reports
Champai Soren vows to forge alliance with 'like-minded people', says open to forming new political party ahead of Jharkhand polls
Champai Soren announced on Wednesday that he is willing to start a new political party ahead of the upcoming polls in Jharkhand. “I had mentioned three options earlier, that of a friend, the prospect of retirement and an organisation. I will not retire. We may form a new party, forge a new alliance and if I meet new people, I shall forge a new friendship, too…,” he said. When asked about forming a new party, Soren stated that he might form a new political party, if need be. Further, he reiterated that he will not be retiring from politics.
21.08 / 04:10
Citi
Cooper
Metro
Southern
reports
isolate
Traffic
Bengaluru traffic dept issues fresh alerts as monsoon becomes active, more rains expected
On Tuesday, key areas affected by the waterlogging included the outer ring road towards Hebbal Circle, Kempapura towards the Airport, Veerannapalya Signal towards Hebbal Circle, and the down ramp of the Hebbal flyover towards the Airport. In these areas, slow-moving traffic was reported. Many commuters were stuck for hours near the Hebbal flyover during peak traffic hours.
20.08 / 20:40
Southern
Food
President
country
International
Malawi receives an insurance payout of $11.2 million for El Nino-linked drought disaster
The Malawian government has received an insurance payout of $11.2 million for an El Nino-linked drought that led to a disaster declaration in the southern African nation
20.08 / 20:38
Airlines
Southern
Destinations
Qatar Airways acquires a 25% stake in the private African carrier Airlink
Qatar Airways has acquired a 25% stake in the private African carrier Airlink
20.08 / 19:56
UPS
Southern
Research
Experts
information
testing
East Palestine residents want more time and information before deciding to accept $600M settlement
Some East Palestine residents want more time and more information before they have to decide by a deadline this week whether to accept their share of a $600 million class-action settlement with Norfolk Southern over last year's disastrous train derailment
20.08 / 13:15
Election
Southern
Boxing
film
Trade
performer
cricket
Improving box office collections, promising line-ups buoy PVR Inox stock
PVR Inox’s stock has gained 5% in the past three trading sessions following the success of Stree 2 and on account of factors such as strong line-up of films in the coming months and timely expansion of capacity in the southern region. The stock of the country’s largest multiplex company is on a roll after Stree 2, released on August 15, garnered over Rs 229 crore at the box office on a budget of Rs 50 crore, making it a super hit movie of the otherwise dull monsoon season. Another major success, which has surprised the trade circuit, is the English film Deadpool & Wolverine. The film collected Rs 131 crore at the box office in India.
20.08 / 12:21
markets
UPS
Enterprise
Southern
AGRO
Updates
Stock market update: Fertilisers stocks up as market rises
Mangalore Chemicals & Fertilizers Ltd.(up 3.15%), Sikko Industries Ltd.(up 1.87%), Chambal Fertilisers & Chemicals Ltd.(up 1.70%), Madhya Bharat Agro Products Ltd.(up 1.58%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 1.31%), The Fertilisers and Chemicals Travancore Ltd.(up 1.30%), Southern Petrochemicals Industries Corporation Ltd.(up 1.30%), Zuari Agro Chemicals Ltd.(up 1.14%), Agro Phos India Ltd.(up 0.78%) and Gujarat State Fertilizer & Chemicals Ltd.(up 0.57%) stood among the top gainers.
19.08 / 23:52
Discover
Southern
Food
Experts
Universities
Mercury
Fishing
The whole world is on alert because of a giant mercury bomb that is about to explode
Arctic permafrost may now be dangerous to everyone. Josh West, a professor of Earth Sciences and Environmental Studies and co-author of the study, led a team of experts that recovered soil above the permafrost three meters below the Yukon River's surface. In 2012, scientists from the University of Southern California succeeded in identifying high lethal doses of dangerous mercury; still, toxic chemicals threatening the safety of everyone are stored in the Arctic permafrost. Scholars have warned the world of an impressive ‘giant mercury bomb’ that may soon explode. Also Read: Bosch: Legacy Season 3 — Release window revealed, upcoming plot and cast
19.08 / 16:13
UPS
Waves
Southern
Research
reports
Equality
Is there a mega earthquake going to happen soon? Here's when scientists may make it public
Japan sent out its first-ever megaquake warning following an earthquake of 7.1 magnitude on the Richter scale that occurred on the southern island of Kyushu. It wasn't the main concern, even though the shaking didn't produce much ramifications but the largest tsunami wave it produced would have reached one’s knee. Instead, seismologists were worried that the earthquake would cause tension that might set off a bomb that was ticking away offshore in Japan, near the Nankai trough, which is probably the most dangerous fault in the nation. The Japanese government estimates that the subduction zone has the capacity to produce tsunami waves up to 100 feet tall and kill almost a third of a million people. As quoted in a report by NBC News, Harold Tobin, Washington state’s seismologist, stated, «We don't have such a protocol» in the United States. However, the Cascadia subduction zone has equally dangerous faults. The Cascadia fault's 9.0 magnitude earthquake and the fatal tsunami, according to the Federal Emergency Management Agency, would kill 14,000 people in Oregon and Washington. Tobin has been considering this scenario for years: What justifies raising the alarm if he discovers evidence, even if it's slight, that a catastrophic earthquake is more likely to occur? Part of Tobin's dilemma stems from this peculiar period in his field: In the world's most seismically hazardous areas, researchers believe they are narrowing in on the causes or precursors of earthquakes, but the science is far from conclusive.
19.08 / 11:05
markets
COST
security
Southern
wellness
reports
Commentary
Cement prices are at a multi-year low, and there’s more earnings pain ahead
IRCTC’s journey can be pleasant if non-convenience fee surprises At an all-India level, the average cement price fell around 3% month-on-month in July to five-year low of ₹313 per bag, according to IIFL Securities Ltd. One cement bag weighs 50 kilograms. Cement prices have fallen further in August in southern markets – by ₹10-15 a bag – while prices are steady in other markets, said the IIFL report dated 9 August.
17.08 / 02:31
FIVE
BLOCK
security
Election
Southern
President
Courts
Come September, first assembly poll for Jammu & Kashmir as UT
Jammu and Kashmir will be held in three phases — September 18, 25 and October 1, the Election Commission (EC) of India announced on Friday. The Supreme Court had set a deadline of September 30 for polls to be held in Jammu and Kashmir. The chief election commissioner (CEC) cited weather conditions and the Amarnath yatra as factors that had a bearing on the poll calendar. Haryana will go to polls on October 1, coinciding with the last day of the Jammu and Kashmir election. Counting of votes for both Haryana and Jammu and Kashmir will be on October 4.
17.08 / 01:02
Citi
Platform
Southern
community
Schools
Courts
Interviews
San Francisco goes after websites that make AI deepfake nudes of women and girls
Nearly a year after AI-generated nude images of high school girls upended a community in southern Spain, a juvenile court this summer sentenced 15 of their classmates to a year of probation
17.08 / 00:40
BLOCK
Fox
Fighting
Southern
Warner Bros
ESPN
Courts
Sporting
Judge blocks plans for sports joint streaming venture among Fox, ESPN and Warner Brothers
The launch of Venu Sports will be delayed after a federal judge granted FuboTV’s motion for a preliminary injunction against the planned sports streaming venture by ESPN, Fox and Warner Bros
16.08 / 19:56
FIVE
security
Election
Southern
wellness
mountaineering
Jammu & Kashmir polls to begin from southern Kashmir despite rise in terror
Jammu and Kashmir is set to hold its shortest three-phase assembly elections in September, and the Election Commission of India has decided to begin the elections in challenging areas of southern Kashmir and Chenab Valley across the Pir Panjal mountains, which have recently seen incidents of violence. The assembly elections in Jammu and Kashmir will be held after nearly a decade--the longest interval in modern history--and the first since the repeal of Articles 370 and 35 (A) and the completion of the delimitation exercise in 2022, during which both parliament and assembly elections were redrawn. The ECI has combined the districts from both Kashmir and Jammu divisions to ensure that each and every candidate receives the security demanded by the political parties. The first round of the assembly elections is set for September 18 in 23 constituencies in southern Kashmir, including Pulwama, Anantnag, Shopian, and Kulgam, as well as Ramban, Kishtwar, and Doda in Jammu's Chenab Valley. These locations have seen recent insurgent events, and counter-insurgency operations have been ongoing for some weeks. The police and army have established the presence of foreign militants in Doda, Kishtwar, Anantnag, and Kulgam.
16.08 / 11:25
UPS
Southern
band
Enbridge
Department
Courts
Tribe and environmental groups urge Wisconsin officials to rule against relocating pipeline
A tribal leader and conservationists urged state officials to reject plans to relocate part of an aging northern Wisconsin pipeline, warning that the threat of a catastrophic spill would still exist along the new route
16.08 / 05:42
markets
UPS
Southern
Trade
AGRO
Updates
Stock market update: Fertilisers stocks up as market rises
Madras Fertilizers Ltd.(up 6.05%), Southern Petrochemicals Industries Corporation Ltd.(up 3.88%), Sikko Industries Ltd.(up 3.84%), Khaitan Chemicals & Fertilizers Ltd.(up 3.77%), Agro Phos India Ltd.(up 3.44%), Nagarjuna Fertilizers and Chemicals Ltd.(up 3.10%), Rashtriya Chemicals & Fertilizers Ltd.(up 2.44%), Chambal Fertilisers & Chemicals Ltd.(up 1.69%), Krishana Phoschem Ltd.(up 1.47%) and Madhya Bharat Agro Products Ltd.(up 1.16%) were among the top gainers.
16.08 / 03:15
15.08 / 18:28
15.08 / 18:23
15.08 / 18:12
markets
Citi
Southern
wellness
Summit Trail plants stake in California with $500M advisor
Summit Trail Advisors, a boutique wealth management firm overseeing $18 billion in assets, continues its national expansion as it gains a foothold in California’s ultra-high-net-worth market with its latest top-caliber hire.
15.08 / 14:07
Assurant
security
Southern
President
reports
peace
Saudi Crown Prince Mohammed bin Salman's fear of assassination looms over Israel normalization talks
Saudi Crown Prince Mohammed bin Salman has expressed deep concerns about his personal safety in pursuing normalization with Israel as reported by Politico. During discussions with U.S. lawmakers, MBS reportedly conveyed that he fears for his life if he advances with the agreement without securing significant concessions for Palestinians.
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