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bomb threats on Wednesday taking the number of flights impacted to 19 in three days, with the Union government asserting that the law enforcement agencies are actively pursuing all cases and the Mumbai Police arresting a minor for issuing threats to three flights. Some flights were delayed, diverted and returned mid-way in the wake of bomb threats received through social media, sending security agencies into a tizzy. The Delhi Police has registered an FIR in connection with bomb threats to several flights in the last two days and has launched a probe. Bomb threats were received by at least three IndiGo flights, two SpiceJet flights and an Akasa Air flight on Wednesday. IndiGo's Riyadh-Mumbai flight was diverted to Muscat due to the threat. Civil Aviation Minister K Rammohan Naidu on Wednesday said law enforcement agencies are actively pursuing all cases of bomb threats against airlines and the government is closely monitoring the situation.

Justin Trudeau alleged on Wednesday that there were «clear indications» that India violated Canada's sovereignty. His remarks were made during an inquiry into alleged foreign interference, which highlighted what he described as illegal activities by representatives of the Indian government against Canadian citizens. «We had clear and certainly now ever clearer indications that India had violated Canada's sovereignty,» Trudeau stated, drawing attention to a recent Canadian police investigation that implicated Indian diplomats in a «campaign of violence.»

Disinflation, not inflation, could be the Bank of Canada‘s next worry.

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Markets on Wall Street were largely unchanged early Wednesday after pulling back from record lows a day earlier as investors shed technology and energy sector shares

Subscribe to enjoy similar stories. The stimulus unleashed by the People’s Bank of China (PBoC) last month was a tough act to follow. When it was the turn of the finance ministry to describe its role in boosting China’s subpar expansion, investors fretted about the absence of fireworks and demanded something more.

Subscribe to enjoy similar stories. Shriram Finance has seen stellar growth, with its stock up 2.6x since April 2023, translating to a remarkable 91% CAGR. Zoom out further, and the numbers remain solid: 3.9x since October 2014, clocking a 14.7% CAGR.

ICICI Securities has buy call on State Bank of India (SBI) with a target price of Rs 1,000. The current market price of State Bank of India share is Rs 805.2. State Bank of India, incorporated in the year 1955, is a banking company with a market cap of Rs 718387.29 crore. SBI key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2024.

Subscribe to enjoy similar stories. As India's economy surges ahead, the banking sector remains a focal point for investors. In 2024, despite the momentum in financialisation, the Nifty Bank index has underperformed, rising only 7% compared to the Nifty 50's impressive 15.6% gain.

The Consumer Prices Index (CPI) fell to 1.7% in September, down from 2.2% in August. Inflation had reached the central bank's 2% target at the beginning of the summer, only for it to edge slightly above in the following months. According to the ONS data today (16 October), the largest detraction came from transport, especially from air fares and motor fuels, offsetting the larger contribution from food and non-alcoholic beverages. Yet core CPI remained elevated at 3.2%, although down from 3.6% in August, with CPI goods falling from -0.9% to -1.4% and services inflation from 5.6% to 4....

Subscribe to enjoy similar stories. ZIV HOSPITAL is nestled at the bottom of Safed, the highest city in Israel, not far from the border with Syria and Lebanon. In November the hospital acknowledged that hackers had penetrated its computer systems.

Subscribe to enjoy similar stories. At the recent Energy Transition Summit, finance minister Nirmala Sitharaman underscored the adverse impact of unilateral and arbitrary policies such as the EU’s Carbon Border Adjustment Mechanism (CBAM) on India’s trade and green-transition pathways, noting that India’s decarbonization journey should be guided by its own development needs and not by the Global North. Sitharaman was referring to the EU’s measure that would impose a charge on imports into the EU of products of aluminium, iron and steel, cement, fertilizers, electricity and hydrogen beginning January 2026.

strong growth visibility, the shares of Aditya Birla Real Estate (ABREL) may go up 30% predicted global brokerage firm Nomura while initiating coverage on the stock with a ‘buy’ rating and a target price of Rs 3,700. Nomura believes that ABREL has all the qualities to rank among top 5 real estate players in India.

HDFC Securities has buy call on Sudarshan Chemical Industries with a target price of Rs 1,161. The current market price of Sudarshan Chemical Industries is Rs 1,102.35. Sudarshan Chemical Industries, incorporated in the year 1951, is a Mid Cap company (having a market cap of Rs 7,659.65 Crore) operating in Chemicals sector. Sudarshan Chemical Industries key Products/Revenue Segments include Inorganic Pigments, Export Incentives and Other Operating Revenue for the year ending 31-Mar-2024.

Pakistan and China reaffirmed their «unwavering commitment» to combating terrorism in all its forms, embracing a zero-tolerance policy during the Shanghai Cooperation Organisation (SCO) Summit, according to a report by Geo News. The two nations also expressed readiness to collaborate with the international community to bolster multilateral counter-terrorism cooperation within established organisations such as the United Nations and the SCO. During the summit, Pakistan strongly condemned recent terrorist attacks targeting Chinese personnel in Pakistan, including the March 26, 2024 attack on the Dasu Hydropower Project and the October 6, 2024 attack on the Port Qasim Power Plant convoy. It pledged to uncover the truth behind these incidents and bringing the perpetrators to justice.

BEIJING — Chinese e-commerce giant Alibaba's international arm on Wednesday launched an updated version of its artificial intelligence-powered translation tool that, it says, is better than products offered by Google, DeepL and ChatGPT.

Canada kicked out six Indian diplomats on Monday, linking them to the murder of a Sikh separatist leader and alleging a broader effort to target Indian dissidents in Canada. India retaliated by telling six Canadian diplomats to leave. Although the tit-for-tat move sent bilateral relations skidding to a new low, Narendra Modi and Justin Trudeau are unlikely to mind too much. Both leaders are in their third terms and face political challenges.

Aditya Birla Sun Life AMC will roll out a new $300 million India Yield Advantage fund in the private credit space to attract offshore capital from global investors in Singapore and Dubai. The fund will generate a return of around 20% by mirroring the company's domestic private credit fund strategy. In India, Aditya Birla Sun Life AMC has launched the fundraising exercise for its maiden ₹2,500 crore performing credit fund. «The offshore fund will offer global investors the opportunity to invest in India's growing private credit space, expanding beyond traditional equity investments that have been the primary focus so far,» said A Balasubramanian, managing director of Aditya Birla Sun Life AMC.

Ascertis Credit, is eyeing a $1 billion (about ₹8,400 crore) fundraising for its fifth fund, after investing more than $1 billion across four funds to date. The firm plans to launch its fifth and largest fund yet within the coming month. The firm's upcoming Fund V is expected to target fundraising, with investments focused predominantly in India, alongside opportunities in Southeast Asia. Ascertis will raise capital from both international and domestic investors. It will deliver returns in the mid-teens from the fund.

small-cap stocks during the September quarter. Techno Electric, Honasa Consumer, Heritage Foods, Genus Power Infra, Sansera Engineering, Electronics Mart India, Kalyan Jewellers, Kamdhenu, and Arvind Fashions are among the companies that attracted foreign flows in the period. For instance, foreign portfolio investors (FPIs) increased their stakes in Techno Electric & Engineering Company from 4.39% to 9.81% during the quarter.

credit marketplace Paisabazaar, a part of listed PB Fintech, is taking a leaf out of sister concern Policybazaar’s playbook and building its own offline distribution channel. Paisabazaar is one of the largest credit marketplaces in India. It allows consumers to access unsecured personal loans, credit cards and similar products from banks and non-bank lenders through online channels. As it builds out its secured credit distribution play, Paisabazaar wants to create a physical presence to help in fulfilment of such loan delivery. Speaking with ET, Naveen Kukreja, chief executive officer of Paisabazaar, said it has set up a field team of around 100 people in Delhi, Mumbai and Bengaluru, targeting secured credit products like home loans and loans against property. It is also testing other products like loans against cars and securities, but those are still in the beta stages. By the end of this fiscal, it intends to scale up this team to 500.