Southern Financial News

North Korean ballistic missile, reported Reuters.'Stay indoors or find shelter', the Japanese government said over its J-Alert broadcasting system, the report said.Meanwhile, North Korea has said that its attempt to put another spy satellite into orbit has failed, adding that a rocket carrying the spy satellite exploded in mid-air on Monday.Earlier, the South Korean Joint Chiefs of Staff said that the launch vehicle may have failed in flight, adding it had detected "many fragments" in the ocean from the rocket in the sea. The report further said South Korean and US intelligence agencies are investigating whether the launch had failed.“Around two minutes after it detected "what's suspected to be the North's military reconnaissance satellite...

Gaza city of Rafah, officials said on Monday, prompting an outcry from global leaders who urged the implementation of a World Court ruling to halt Israel's assault. In scenes grimly familiar from a war in its eighth month, Palestinian families rushed to hospitals to prepare their dead for burial after the strike late on Sunday night set tents and rickety shelters ablaze.

The landfall occurred between Sagar Island in Bengal and Khepupara, near the southwest of Mongla in the neighbouring country. The vast coastline was blurred by thick sheets of rain as the cyclone made landfall, with surging waters sweeping fishing boats inland and inundating mud-and-thatch houses and farmlands in low-lying areas.The MeT office said, “Severe cyclonic storm Remal made landfall between Sagar Island in West Bengal and Khepupara in Bangladesh on Sunday night with wind speeds reaching up to 135 kmph."Cyclone Remal flattened fragile dwellings, uprooted trees and knocked down electric poles North and South 24 Parganas and East Midnapore.

Severe Cyclonic Storm 'Remal' has been moving northwards after making landfall over the coastal areas of West Bengal and Bangladesh. According to the India Meteorological Department (IMD), the cyclone is expected to gradually weaken into a Cyclonic Storm today as it continues its north-northeastward trajectory. «The Severe Cyclonic Storm 'Remal' over the North Bay of Bengal moved nearly northwards, with a speed of 13 kmph during past 06 hours, crossed Bangladesh and adjoining West Bengal Coasts between Sagar Islands and Khepupara close to southwest of Mongla near Latitude 21.75°N and Longitude 89.2°E between 22:30 hrs IST of 26th May to 00:30 hrs IST of 27th May 2024 as a Severe Cyclonic Storm with wind speed of 110 to 120 Kmph gusting to 135 Kmph,» said IMD in a post on X. «It lay centered at 01:30 hrs IST of today, the 27th May, 2024 over Coastal Bangladesh and adjoining Coastal West Bengal, near latitude 21.9°N and longitude 89,2°E about 115 km east of Sagar Islands (West Bengal), 105 km west-southwest of Khepupara (Bangladesh), 70 km southeast of Canning (West Bengal) and SO km south-southwest of Mongla (Bangladesh), The system would continue to move nearly northwards for some more time and then north-northeastwards and weaken gradually into a Cyclonic Storm by morning of 27,» added the post.

cyclonic storm 'Remal' made landfall between the coasts of Bangladesh and adjoining West Bengal, bringing heavy rains that flooded homes and farmland, and leaving a trail of destruction. The landfall process began at 8:30 pm on Sunday over the adjacent coasts of West Bengal and Bangladesh between Sagar Island and Khepupara, near the southwest of Mongla in the neighbouring country. 'Remal' flattened fragile dwellings, uprooted trees and knocked down electric poles. One person was injured after being hit by debris in the Gosaba area of the Sundarbans. More than one lakh people were evacuated from vulnerable areas in West Bengal before the cyclone struck.

killed at least 35 people Sunday and hit tents for displaced people in the southern Gaza city of Rafah, and «numerous» others were trapped in flaming debris. Gaza's Health Ministry said women and children made up most of the dead and dozens of wounded. The attacks came two days after the International Court of Justice ordered Israel to end its military offensive in Rafah, where more than half of Gaza's 2.3 million population had sought shelter before Israel's incursion earlier this month. Tens of thousands of people remain in the area while many others have fled. Footage from the scene of the largest airstrike showed heavy destruction. Israel's army confirmed the strike and said it hit a Hamas installation and killed two senior Hamas militants. It said it was investigating reports that civilians were harmed. Defense Minister Yoav Gallant was in Rafah on Sunday and was briefed on the «deepening of operations» there, his office said.

Real estate developer Sameera Group has earmarked ₹500 crore as investments over the next five years to set up 1,000 senior living homes across South India, the company said. For developing the senior living homes, city-based Sameera Group has signed a memorandum of understanding with Vedaanta Senior Living that aims to create high-quality senior living communities, a company release said on Sunday. «This strategic partnership brings together Sameera Group's extensive experience in land development and Vedaanta's deep understanding of the senior care industry,» the release said.

government has extended the tenure of Army Chief General Manoj Pande, giving him another month in office and effectively postponing the appointment of his successor who was scheduled to take over at the end of May. Gen Pande was to retire on May 31 after completing his tenure at the age of 62. However, the government had not yet named his successor, though the choice was largely believed to be between the two senior most Army commanders — Lt Gen Upendra Dwivedi and Lt Gen AK Singh. Dwivedi is the current Vice Chief of Army Staff and has previously served as the Northern Army Commander.

Bangladesh: More than 115,000 Bangladeshis left their coastal villages on Sunday for concrete storm shelters further inland as the low-lying nation prepared for crashing waves when a cyclone makes landfall, officials said. Cyclone Remal is set to hit the southern coast and parts of neighbouring India on Sunday evening, with Bangladesh's weather department predicting howling gales and gusts of up to 130 kilometres (81 miles) per hour.

Taiwan's president said Sunday he was still open to working with China on building "mutual understanding and reconciliation", days after Beijing launched military drills around the self-ruled island in response to his inauguration speech. President Lai Ching-te was sworn into office on Monday, and China — which claims democratic Taiwan as part of its territory and regards Lai as a «dangerous separatist» — launched military games around the island three days later. Fighter jets, naval vessels and coast guard ships encircled Taiwan until Friday night, which Chinese military analysts said was to practice seizing it.

Adani Solar on Friday said it will be expanding its business in Kerala as the southern state has huge potential in the solar energy market. As part of its expansion plans, the company, which is the solar PV manufacturing arm of Adani Group, signed an MoU with Kochi-based Almiya group, a reputed solar distributor, as its official partner in the state. Adani Solar said it will be installing a 225 MW solar power plant in Purapura in one year and has set up a warehouse in Coimbatore for faster delivery of the panels in Kerala and Tamil Nadu. «We are expanding our business in Kerala. In 2023 alone we could establish solar panels for 70 MW in Kerala. Kerala has a huge potential in the solar energy market and Adani Group has very big plans for Kerala,» Cecil Augustine, National Sales Head of Adani Solar said at a press conference.

The federal government agreed to a $15 million fine for Norfolk Southern over last year’s disastrous derailment in East Palestine, Ohio

InterGlobe Aviation Ltd, which runs India’s largest airline IndiGo, more than doubled its net profit to ₹1,894.8 crore in the quarter ended March. In another news, severe heatwave conditions continued to grip parts of North India, while some states in the southern regions grappled with heavy rainfall.

A missile has splashed down in the waters of the Red Sea, but caused no damage to a passing commercial vessel in an attack likely carried out by Yemen’s Houthi rebels

A federal judge has signed off on the $600 million class action settlement over last year's disastrous Norfolk Southern derailment in eastern Ohio, but many people who live near East Palestine are still wondering how much they will end up with out of t...

Kadeau is not an easy restaurant to reach. You'll have to take a flight or an overnight ferry from Copenhagen.

Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centres in Spain's Aragon region through to 2033, the US tech giant said Wednesday. The move comes on the heels of its announcement this month of a 7.8 billions euro investment to build a cloud centre in Germany, and 1.2 billion euros in France to develop cloud infrastructure and logistical infrastructure of its parcel delivery service.

Equitable has strengthened its wealth advisory presence in California with a pair of former Lincoln advisors, including a four-decade veteran of the industry.

tactical nuclear weapons that were announced by Russian authorities earlier this month in an apparent warning to senior Western officials who had spoken about the possibility of deeper involvement in the war in Ukraine. It was the first time Russia has publicly announced drills involving tactical nuclear weapons, although its strategic nuclear forces regularly hold exercises. According to a statement by the Defense Ministry released Tuesday, the first stage of the new drills envisioned «practical training in the preparation and use of non-strategic nuclear weapons,» including nuclear-capable Kinzhal and Iskander missiles. The maneuvers are taking place in the Southern Military District, which consists of Russian regions in the south, including on the border with Ukraine; Crimea, illegally annexed from Ukraine in 2014; and four Ukrainian regions that Russia illegally annexed in 2022 and partially occupies.

The U.S. prosecutors are pushing for a prison sentence of five to seven years for the former FTX executive Ryan Salame.

heatwave conditions in several parts of eastern and southern India. People eagerly await monsoon 2024 for respite from the hot and humid weather. The India Meteorological Department on Wednesday predicted that a southwest monsoon will likely hit Kerala on May 31, with a model error of four days on either side.