Southern Financial News

Paradeep Phosphates Ltd.(up 2.40%), Rashtriya Chemicals & Fertilizers Ltd.(up 1.94%), Southern Petrochemicals Industries Corporation Ltd.(up 1.74%), National Fertilizers Ltd.(up 1.36%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 1.07%), Chambal Fertilisers & Chemicals Ltd.(up 0.55%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.20%) and Rama Phosphates Ltd.(up 0.10%) stood among the top gainers.

workspace provider Incuspaze, has leased 115,000 sq ft in Bangalore’s Whitefield. “With our ongoing expansion in Bangalore and our plans for Chennai and Hyderabad, we are committed to providing tailored workspace solutions that support the diverse needs of our clients,” said said Sanjay Choudhary, founder and CEO of Incuspaze. Incuspaze is set to expand its portfolio in southern India, with ORR micro market in Bangalore and further entering key markets in Chennai and Hyderabad. As part of its growth plan, the company is targeting over 2 million square feet of workspace take-up over the next two years.

China and Russia's naval forces on Sunday kicked off a joint exercise at a military port in southern China on Sunday, official news agency Xinhua reported, days after NATO allies called Beijing a «decisive enabler» of the war in Ukraine. The Chinese defense ministry said in a brief statement forces from both sides recently patrolled the western and northern Pacific Ocean and that the operation had nothing to do with international and regional situations and didn't target any third party. The exercise, which began in Guangdong province on Sunday and is expected to last until mid-July, aimed to demonstrate the capabilities of the navies in addressing security threats and preserving peace and stability globally and regionally, state broadcaster CCTV reported Saturday, adding it would include anti-missile exercises, sea strikes and air defense.

construction technology and the implementation of the Real Estate Regulatory Authority (RERA), ensuring home buyers receive their homes on time, according to a report by a real estate consulting firm. In the top seven cities, the average completion time for smaller projects of fewer than 500 units is now four years, while larger projects with more than 500 units take about 4.9 years to complete, as per data from Anarock. The market share of large and listed developers has also increased significantly, contributing to the timely delivery of projects, the report noted.

Russia on Sunday said it had captured another village in south-eastern Ukraine as it continues to make battlefield gains in the conflict that is now into its third year. «Units from the Vostok troops captured the village of Urozhaine» in the Donetsk region, the Russian defence ministry announced in its daily report. The village was one of the few that Ukraine won back during its 2023 offensive.

large scale projects in less than five years since 2014 against 6 years before that as modernisation of construction technology and implementation of Real Estate Regulatory Authority (RERA) has ensured homebuyers are getting the home in time. According to Anarock data, the average time taken to complete smaller projects of less than 500 units in the top 7 cities was 4 years, and 4.9 years for large projects of more than 500 units each. Market share of large and listed developers, has also increased significantly, which has contributed to timely delivery of the projects.

India vs Zimbabwe Live Score, 5th T20I: India sealed the series on July 13 after the Men in Blue, under Shubman Gill’s captaincy, defeated Zimbabwe by 10 wickets in the 4th T20I match. The southern African team, under Sikandar Raza’s leadership, will play for their pride in the final match of the tournament.On July 13, Zimbabwe scored 152/7 in 20 overs. India got to 156/0 in 15.2 overs.

Gautam Adani plans to build a port in Vietnam as the Indian conglomerate seeks to develop infrastructure overseas to tap opportunities from increasing trade. Adani Ports and Special Economic Zone Ltd. has secured an “in-principle approval from the Vietnamese government” for a greenfield development in Da Nang, Karan Adani, managing director of the company, said in an interview. The project, which will have container terminals and multipurpose berths to handle various types of cargo, is at an early stage of planning and the total investment required hasn’t been finalized yet, he said. This will be the fourth international port asset for the Adani group after Haifa in Israel, Colombo in Sri Lanka and the Port of Dar es Salaam in Tanzania. On Friday, Adani’s new mega port in southern India saw the arrival of its maiden mother ship and the company wants to accelerate the expansion of the facility in a bid to grab a bigger share of the international maritime trade that’s currently dominated by China.

Madras Fertilizers Ltd.(up 8.43%), National Fertilizers Ltd.(up 4.07%), Mangalore Chemicals & Fertilizers Ltd.(up 2.20%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 1.37%), Rama Phosphates Ltd.(up 1.06%), Rashtriya Chemicals & Fertilizers Ltd.(up 1.05%), Madhya Bharat Agro Products Ltd.(up 0.66%), Zuari Agro Chemicals Ltd.(up 0.46%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.29%) and Aries Agro Ltd.(up 0.07%) stood among the top gainers.

Rolf Habben Jansen said in a call with reporters on Wednesday. Attacks on vessels by Yemen-based Houthi militants have led shipping firms to avoid the Red Sea that connects with the Suez Canal and instead use a longer route around southern Africa, a situation whose end was hard to predict, he said. «We have seen solid demand, particularly since May 1, that meets with limited availability, also because of the Red Sea situation, that's why spot rates are going up,» Habben Jansen said.

conflict on the Lebanon-Israel border, the daily exchanges of strikes between Hezbollah and Israeli forces have sparked fires that are tearing through forests and farmland on both sides of the frontline. The blazes — exacerbated by supply shortages and security concerns — have consumed thousands of hectares of land in southern Lebanon and northern Israel, becoming one of the most visible signs of the escalating conflict. There is an increasingly real possibility of a full-scale war — one that would have catastrophic consequences for people on both sides of the border. Some fear the fires sparked by a larger conflict would also cause irreversible damage to the land.

tomato price, which soared to Rs 75 per kg in the national capital, is expected to cool in the coming weeks as supply improves from southern states, a government official said on Saturday. The official, who spoke on condition of anonymity, said prices of potato and onion, which also spiked due to supply disruptions, are expected to stabilize soon. «Prices of tomato, potato and onion are ruling high in Delhi and some other cities. Extreme heat followed by spells of excess rainfall disrupted supplies, causing a spike in prices in consuming areas,» the consumer affairs ministry official told PTI. Tomato price in New Delhi has surged to Rs 75 per kg, but is likely to ease if heavy rainfall does not further disrupt supply chains, he said.

Hurricane Beryl is roaring toward Jamaica as islanders scramble to make preparations after the powerful Category 4 storm earlier killed at least six people and caused significant damage in the southeast Caribbean

A sizzling heat wave has Canada and the United States in its grip as a global streak of the hottest months continues to shatter records.

Sri Lanka will hand over the loss-making Mattala International Airport in Hambantota to a joint India-Russia venture «during the next few weeks» to run, Minister of Aviation Nimal Siripala de Silva said here on Wednesday. The India-Russia joint venture was awarded the management of the Mattala International Airport in Hambantota in southern Sri Lanka in April. The USD 209 million facility was once dubbed the «world's emptiest airport» due to a lack of flights. «Action will be taken during the next few weeks to handover the loss-making Mattala International Airport to a joint India-Russia venture,» de Silva told reporters. Earlier, the Sri Lankan Cabinet, which met on January 9, approved the calling of Expression of Interest by prospective parties. Accordingly, five proposals were received, and the Cabinet-appointed consultative committee decided to award a management contract spanning 30 years to Shaurya Aeronautics (Pvt) Ltd of India and Airports of Regions Management Company of Russia.

Cuba, close to the coast of Florida. China has traditionally lacked spying facilities in North America and this news has the potential to raise the level of conflict between China and the US. The Centre for Strategic and International Studies found the presence of these Chinese facilities after analyzing satellites images from Cuba. These facilities are close to the Florida coast and threaten the national security and the commercial interest of the US. They are located just 100 miles, off the coast of Florida.

Hezbollah, has been using some low-tech strategies to try to evade its foe's sophisticated surveillance technology, informed sources told Reuters. It has also been using its own tech — drones — to study and attack Israel's intelligence gathering capabilities in what Hezbollah's leader, Sayyed Hassan Nasrallah, has described as a strategy of «blinding» Israel. The sides have been trading fire since Hezbollah's Palestinian ally in the Gaza Strip, Hamas, went to war with Israel in October. While the fighting on Lebanon's southern border has remained relatively contained, stepped-up attacks in recent weeks have intensified concern it could spiral into a full-scale war.

Hamas has given initial approval for a US-backed proposal for a phased cease-fire deal in Gaza, dropping a key demand that Israel gives an up-front commitment for a complete end to the war, a Hamas and an Egyptian official said Saturday. The apparent compromise by the militant group — which controlled Gaza before triggering the war with an October 7 attack on Israel — could help deliver the first pause in fighting since last November and set the stage for further talks on ending a devastating nine-month war. But all sides cautioned that a deal is still not guaranteed. The two officials, who spoke on conditions of anonymity to discuss the ongoing negotiations, said Washington's phased deal will first include a «full and complete» six-week cease-fire that would see the release of a number of hostages, including women, the elderly and the wounded, in exchange for the release of hundreds of Palestinian prisoners.

Taiwan's defence ministry said Thursday it had detected 66 Chinese military aircraft around the island in a 24-hour window, a record-high this year, a day after it said Beijing was conducting exercises in nearby waters. China claims self-ruled democratic Taiwan as part of its territory and has said it will never renounce the use of force to bring it under its control. Thursday's record follows Taipei a day earlier spotting Chinese aircraft around the island that it said were headed to the western Pacific for exercises with the PLA aircraft carrier Shandong.

Islamic terrorism when its two iconic towers of World Trade Center were targeted in 9/11 attack and more than three thousand innocent and unarmed civilians were killed in one single day, the danger of Islamic terrorism can be be understood. According to the 'New York Post', Islamic terror group ISIS has succeeded in smuggling hundreds of its hardcore members into the US and Department of Homeland Security has identified 400 of them. It has also reported that 90 suspected terrorists were stopped and nabbed at the Southern Border, but no one knows the whereabout of at least 50 suspects.

Hurricane Beryl thrashed Jamaica with heavy winds and rain on Wednesday, killing at least one person after forging a destructive, water-soaked path across smaller Caribbean islands over the past couple days. The death toll from the powerful Category 4 hurricane climbed to at least 10, but it is widely expected to rise further as communications come back online across drenched islands damaged by flooding and deadly winds. In Jamaica, Beryl's eyewall skirted the island's southern coast, pummeling communities as emergency groups rushed to evacuate people from flood-prone areas.