Southern Financial News

Gyanvapi mosque committee's plea against the Allahabad HC order which held that the suit for restoration of the temple is maintainable. "We will tag this with the main case," a bench comprising Chief Justice D Y Chandrachud and justices J B Pardiwala and Manoj Misra said. The plea in the top court was filed by the Anjuman Intezamia Masjid, the committee that manages the affairs of the Gyanvapi mosque.

CMA CGM expects disruptions to commercial shipping to last months, Chairman and CEO Rodolphe Saade said. Shipping firms are diverting vessels on to the longer, more costly route around southern Africa after Houthi militants in Yemen began drone and missile attacks on ships in the Red Sea and Gulf of Aden last November. «This will probably last for some months,» Saade said.

Hezbollah and the Israeli army have been trading fire since the Palestinian group Hamas stormed southern Israel from the Gaza Strip on Oct. 7, in a steadily intensifying conflict that has fuelled concern of wider escalation. "The war in the south is linked to the aggression on Gaza on the one hand, and to securing means of protection for our country on the other," senior Hezbollah politician Hassan Fadlallah said.

India-Oman strategic partnership close on the heels of Sultan Haitham bin Tarik’s India trip, deputy national security adviser Vikram Misri visited Muscat to explore collaboration in different sectors including possible defence exports to the sultanate. During Misri’s visit, discussions were held on strategic, military and security cooperation including defence exports, and maintenance of Oman’s ports apart from cooperation in disaster management, oceanography and artificial intelligence, ET has learnt. The deputy NSA also met Gen Sultan bin Mohammed Al Nomani, minister of the Royal Office in Oman and a key figure in the country’s decision-making process. The two sides also gave a push to a bilateral trade deal which could be concluded in a record time.

A former advisor with Hightower is taking legal action against the firm over what he claims are overly restrictive and constraining non-compete clauses related to his past relationship with the firm.

Sri Lanka’s bustling Colombo airport is busier than it has been in the past few years. Last year, the country welcomed 1.5 million tourists, a fifth of them from India. Long-stay Russians number 300,000 and have transformed some of the country’s southern resort towns, not always for the better.

It failed to pay an insurer to maintain collateral for financial obligations.

Varanasi district court on Wednesday fixed March 19 for hearing a plea seeking to stop Muslim devotees walking on top of Gyanvapi mosque's southern cellar, where the court recently allowed Hindu prayers. The plea filed by the Hindu side said the cellar's roof is very old and weak. It also said the pillars of this basement, also known as «Vyas Tehkhana», needed repair. Hindu side's counsel Madan Mohan Yadav said that in-charge District Judge Anil Kumar has fixed March 19 for hearing the petition which also seeks repair of the cellar's pillars. The fresh plea was filed days after the Allahabad High Court said Hindu prayers will continue in the «Vyas Tehkhana» of the Gyanvapi mosque, while dismissing the mosque committee's plea that had challenged the district court's order to this effect.

prime minister called MGR an “incomparable leader" besides referring to Jayalalithaa’s governance as the hallmark of dedicated service to the people of the state Some analysts said the comments were PM Modi's appeal to the All India Anna Dravida Munnetra Kazhagam (AIADMK) vote bank while others said that it was his indirect reach-out to AIADMK, the opposition party in Tamil Nadu that was a BJP ally until September last year. On Wednesday, PM Modi called the Dravida Munnetra Kazhagam (DMK) leaders ‘blind’, over a state minister’s ad for a new Indian Space Research Organisation (ISRO) spaceport featuring an image of a rocket with the Chinese flag symbol.

NEW DELHI : New Delhi: The crisis in the Red Sea, one of the world’s busiest trade corridors, hit global merchandise trade volumes in 2023, according to Ngozi Okonjo-Iweala, director-general, World Trade Organization (WTO). These disruptions, coupled with a global economic slowdown, likely led to a less than 0.8% increase in global merchandise trade volumes in 2023, falling short of the WTO's April projection, Okonjo-Iweala said while speaking at the business forum on the third day of the 13th Ministerial Conference (MC13) in Abu Dhabi.

The U.S. government is threatening to sue PacifiCorp, a unit of Warren Buffett's Berkshire Hathaway, to recover nearly $1 billion of costs related to the 2020 wildfires in southern Oregon and northern California

Southern California Edison will pay $80 million to settle claims on behalf of the U.S. Forest Service connected to a massive wildfire that destroyed more than a thousand homes and other structures in 2017

New York Life has agreed to pay $19 million to end a lawsuit over the company’s use of its own investment products in its 401(k) plans.

Canadian pension funds have been among the world’s most prolific buyers of real estate, starting a revolution that inspired retirement plans around the globe to emulate them. Now the largest of them is taking steps to limit its exposure to the most-beleaguered property type — office buildings.

Punjab Kings are poised to compete in all their home fixtures in this year's Indian Premier League (IPL) at a fresh venue. On Monday, the team declared that their home games for the upcoming IPL season will take place at the recently constructed Maharaja Yadavindra Singh Stadium in Mullanpur, Mohali, rather than the PCA IS Bindra Stadium.

Zuari Agro Chemicals Ltd.(up 4.51%), Madras Fertilizers Ltd.(up 2.92%), Bohra Industries Ltd.(up 1.99%), Southern Petrochemicals Industries Corporation Ltd.(up 1.31%), Rama Phosphates Ltd.(up 0.75%), Chambal Fertilisers & Chemicals Ltd.(up 0.66%), Agro Phos India Ltd.(up 0.63%), Rashtriya Chemicals & Fertilizers Ltd.(up 0.59%), National Fertilizers Ltd.(up 0.45%) and Krishana Phoschem Ltd.(up 0.32%) were among the top gainers.

Berkshire Hathaway's shares closed down by more than 2% on Monday, slowing its march to $1 trillion market value on investor worries after the U.S. government warned of a lawsuit against its power company, PacifiCorp. Berkshire disclosed the risk of a lawsuit against its unit over its alleged failure to cover $356 million in costs associated with the 2020 Slater wildfire in southern Oregon and northern California.

Annie Raja to contest from Wayanad, the constituency represented by Congress leader Rahul Gandhi. A member of the CPI national executive, Annie Raja is the wife of CPI general secretary D Raja.

By Jonathan Stempel

According to the India Meteorological Department, the cyclonic circulation over Marathwada and its vicinity, situated at approximately 0.9 km above mean sea level, has weakened. Currently, a trough extends from Chhattisgarh to northern Tamil Nadu, passing through Vidarbha and interior Karnataka at the same altitude. The wind discontinuity from the aforementioned cyclonic circulation above Marathwada to Coastal Andhra Pradesh via Vidarbha and southern Chhattisgarh, also at 0.9 km above mean sea level, has diminished. In the weather forecast for Hyderabad over the next 48 hours, a partly cloudy sky is expected with misty/hazy conditions prevailing during the morning hours. Maximum and minimum temperatures are forecasted to be around 32°C and 21°C, respectively. Surface winds are anticipated to be from the southeast direction with speeds ranging from 06-10 kmph.

₹6,000 crore in the paints division, intent on making its mark in the market. The company has set up three major production facilities in Panipat (Haryana), Ludhiana (Punjab), and Cheyyar (Tamil Nadu), expected to be operational by March 2024. Plans include three additional plants in Chamarajanagar (Karnataka), Mahad (Maharashtra), and Kharagpur (West Bengal), aiming for all six to be functional by fiscal year 2025 (FY25).