Southern Financial News

BFSI (banking, financial services, and insurance), and hospitality sectors witnessed an increased demands for talents in the first four months of 2024, indicating a recovery in overall job market, a report said on Thursday. Driven by economic recovery, the demand for workforce in BFSI increased the maximum by 21 per cent during the first four months of this calender year. The e-commerce sector saw an increase of 17 per cent, services and hospitality industries reported a growth of 13 per cent, according to a report by professional networking platform Apna. The report is based on the data on Apna platform during 2023 and 2024. It also found that the job market in the southern part of India saw a growth of 23 per cent compared to 18 per cent last year, with cities like Hyderabad, Bengaluru and Chennai leading in terms of total number of job postings.

Rafah" has been shared by more than 44 million Instagram accounts since Monday after a deadly Israeli strike at a camp for displaced Palestinians in the Gazan city. The image depicts densely packed rows of tents stretching endlessly across a desert landscape overshadowed by mountains, alluding to the hundreds of thousands of Palestinians who fled there during Israel's military campaign against Hamas. Chilean-US actor Pedro Pascal, top models Bella and Gigi Hadid, who are of Palestinian descent, and French football star Ousmane Dembele are among the celebrities to have shared it on Instagram.

Federal labor officials have certified an election to create a union for character and parade performers at Disneyland in California

The emir of Qatar is looking to invest in energy and high-tech in Cyprus — projects seen as having a strong economic potential

Danish wind farm developer Orsted will pay New Jersey $125 million to settle claims over the company’s cancellation of two offshore wind farms last year

strategic corridor that runs along the length of Gaza's border with Egypt, an objective Israel had said was necessary in its bid to destroy Hamas as part of the ongoing war, now in its eighth month. The capture of the area, known as the Philadelphi Corridor, gives Israel control over a strip of land it says is awash in smuggling tunnels that have funneled weapons and other goods for Hamas — even under a yearslong blockade imposed by Israel and Egypt. The move comes as Israel has deepened its incursion into the southern Gaza city of Rafah, where hundreds of thousands seeking shelter from fighting elsewhere had been displaced. The capture of the corridor could complicate Israel's relations with Egypt, which has complained over Israel's advance toward its border, including when Israel took over the Rafah border crossing, the only crossing between Gaza and Egypt.

Solar storms are expected to be back and this will bring back the northern lights. The European Space Agency had recorded an incident of a major solar flare on May 20. This was recorded by the agency’s Solar Orbiter Aircraft and it occurred right behind the Sun. It was rated as a X12 and it is believed that it hasn’t occurred since 2017. Scientists believe that it will lead to more solar flares in the coming days.

'All eyes on Rafah': Israel pounds southern Gaza city amid global outrage and ICJ ruling — All you need to knowIsrael has defended their operation by stating that their mission 'only' aims to destroy Hamas fighters. However, over thirty thousand Palestinians have lost their lives in the airstrikes, including thousands of children.Some of those Palestinians have managed to survive the months of airstrike and are making the eighth move, with what little is left of their belongings and life to survive.On Tuesday, the phrase, 'All eyes on Rafah', flooded social media as several people from across the world came out in support of Palestinians residing in the Rafah city located in war-torn Gaza.Rafah, a city near the Palestinian territory’s southern border with Egypt, has been under Israeli ground assault since early May.

following the airstrike, a large fire ignited "for reasons that are still being investigated". However, the munition used by Israel to target the Hamas leaders "alone could have ignited a fire of this size," Hagari said in a video statement.The IDF spokesperson also shared satellite images to explain and clarify that they had targeted "a closed structure [in Rafah] which was away from the tent area"."There are no tents in the immediate vicinity of the structure that we targeted," he said.

Europe may have read it in books as the outbreaks are mostly confined to the tropics of the world. This may not be the case anymore, as a report indicates that the region will experience a greater number of cases in the coming years.

Kerala within the next 24 hours, with expectations for it to also advance into some parts of the northeastern states, the India Meteorological Department said in its latest update. Furthermore, the IMD said, the conditions support the further progression of the southwest Monsoon into additional areas of the South Arabian Sea, the remaining regions of the Maldives and the Comorin area, parts of the Lakshadweep area, and further regions of the Southwest and Central Bay of Bengal, the Northeast Bay of Bengal, and parts of the Northeastern states during this period.

Power Mech Projects on Wednesday said it has bagged an order worth Rs 563 crore from state-owned BHEL to construct a nuclear power plant. The Power Mech Projects Ltd (PMPL) has secured its first construction project in the critical nuclear power sector, the company said in a regulatory filing. According to the filing, the company has been awarded a significant order valued at Rs 563.23 crore from BHEL- Power Sector Southern Region for Civil, Structural, and Architectural works of turbine island package of 2x700 MWe, PHWR (pressurized heavy-water reactor), Kaiga Atomic Power Project (units 5 and 6) in Uttar Kannada district, Karnataka. The scope of work includes a number of segments covering civil, electrical, and structural works, including TG (turbine generator) building, foundation for all equipment, chemical lab, storage tanks, peripheral drains, and sewage network.

Campus Activewear surged almost 14 percent in intra-day deals on Wednesday after the company reported strong earnings for the quarter ended March 2024 (Q4FY24).In the March quarter, the company posted a 42.6 percent year-on-year (YoY) jump in its net profit at ₹32.7 crore as against ₹23 crore in the same period last year. Meanwhile, its revenue rose 4.6 percent YoY to ₹364 crore versus ₹345 crore in the year-ago period.Sequentially, the company's net profit grew 31.5 percent from ₹24.9 crore in the December 2023 quarter (Q3FY24) whereas revenue fell 23 percent QoQ from ₹471 crore in Q3FY24 due to seasonality effect.On the operating front, EBITDA rose 16 percent YoY to ₹66.4 crore in Q4FY24 as compared to ₹57.1 crore in Q4FY23.

For the last decade, neighbours in a Southern California community have been terrorized by an unknown slingshot wielder, never knowing who was shooting metal ball bearings at homes, car windshields and passersby.

Canada’s standard of living is in decline, both in absolute terms and compared to our southern neighbour and other wealthy countries. A Fraser Institute analysis shows that real GDP per capita was lower during the pre-recession period 2016-19 than in any similar period since 1985. As of the last quarter of 2023 it was below its value for 2019:Q2. It’s no surprise that 44 per cent of Canadians now say money is their leading source of stress.

night-time warming in over 140 prominent Indian cities compared to non-urban areas surrounding them, a new research from the Indian Institute of Technology Bhubaneswar has found. According to the research, Ahmedabad, Jaipur and Rajkot had the highest urban effect, while Delhi-NCR and Pune were found to be at the fourth and fifth position, respectively. Urbanisation is known to be responsible for the urban heat island (UHI) effect, in which the concrete and asphalt (used in constructing roads and pavements) surfaces store heat during the day and release it in the evening, thereby raising night-time temperatures. Over time, this heat further affects other aspects of climate, including rainfall and pollution, researchers said in the study published in the journal Nature Cities.

BluSmart, India’s biggest electric cab operator, wants to raise more than $300 million in three years to add thousands of cars to its fleet in its push to take on the likes of Uber Technologies Inc. in the fast-growing market. The company will increase its Indian fleet of electric vehicles — supplied by Tata Motors Ltd., BYD Co., SAIC Motor Corp.’s MG Motor and Stellantis NV’s Citroën — to 13,000 by March from 7,500 currently, Punit Goyal, co-founder of the BP Ventures-backed startup, said in an interview. In three years, it aims to have 25,000 cars, he said.

Mizoram amid incessant rain on Tuesday morning, police said.The incident happened around 6 am in an area between Melthum and Hlimen on the southern outskirts of the town, they said.A body was recovered, while several others are trapped under the debris, they added.Although rescue operations are underway, incessant rains were affecting it, police said.The rains triggered landslides at several places in the state as well, officials said.Aizawl has been cut off from the rest of the country due to a landslide on National Highway 6 at Hunthar, they said.Besides, several intra-state highways have also been disrupted by landslides, they said.Meanwhile, all schools in the state were closed due to the rains.(This is a breaking news)Milestone Alert! Livemint tops charts as the fastest growing news website in the world

southern Gaza city of Rafah, newswire AFP reported.“The closed-door meeting was requested by Algeria, which is currently a non-permanent member of the council," AFP reported quoting diplomats.Meanwhile, Israeli Prime Minister Benjamin Netanyahu dismissed the attack on Monday as a "tragic mistake." The incident occurred in Rafah, southern Gaza, triggering a fire at a camp where displaced Palestinians had sought shelter. Local officials, as reported by the Associated Press, said that the attack resulted in the deaths of at least 45 people.Also Read: 'Despite our utmost efforts...': Netanyahu calls Israeli strike in Rafah a 'tragic mistake' that killed 45 people“Despite our utmost efforts not to harm innocent civilians, last night there was a tragic mistake," Netanyahu said Monday in an address to Israel’s parliament.

storms swept over the central and southern U.S. over the Memorial Day holiday weekend, killing at least 22 people and leaving a wide trail of destroyed homes, businesses and power outages. The destructive storms caused deaths in Texas, Oklahoma, Arkansas and Kentucky and were just north of an oppressive, early season heat wave setting records from south Texas to Florida.

Cyclone Remal made landfall on Sunday midnight between Bengal's Sagar Island and Bangladesh's Khepupara. However, the state has officially confirmed only three deaths so far. The 'Severe Cyclonic Storm Remal' has weakened into a 'Cyclonic Storm' on Monday morning, the Meteorological Department said. Sunderbans in South 24 Parganas district has been the most affected. Torrential rains have been reported in various parts of the state. Many areas have been inundated. Electric poles and trees have been uprooted and houses damaged mainly in South and North 24 Parganas districts and Kolkata, which will go to polls on June 1.