On the back of a positive business outlook, Gokdaldas Exports’ stock hit an all-time high of Rs 505.65 on the BSE in intra-day trade on Wednesday. The company’s stock, which is in the textiles and apparel business, has surpassed its previous high of Rs 488, which it reached on May 5, 2022. It has outpaced the market by 30 percent in the last month, compared to a 4 percent fall in the S&P BSE Sensex.…
In the wake of growing confrontations across the island, Sri Lanka will be under a national curfew from 8 p.m. tonight until 5 p.m. tomorrow, according to the president’s media office. On Sunday, when India delivered its 12th supply of diesel to Sri Lanka, comprising over 400,000 tonnes of petroleum, new Prime Minister Ranil Wickremesinghe met with representatives from the World Bank and the Asian Development Bank to address the country’s economic problems. The island…
"Due to growing violence, Sri Lanka will be under a statewide curfew starting this evening" In retaliation for Western sanctions over the Ukraine conflict, Russia has halted natural gas supplies to a Gazprom business seized by Germany. According to German Economy Minister Robert Habeck, Gazprom Germania GmbH and its subsidiaries are no longer receiving all contracted volumes. He claims that Europe’s greatest economy and a major importer of Russian gas is getting gas from alternative sources and will be able to cope with the inconvenience. Dealings with Gazprom Germania and…
"Russia cuts gas supplies to a Ukrainian facility controlled by Germany" The Biden administration is launching a USD 6 billion effort to save nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change. A certification and bidding process opened Tuesday for a civil nuclear credit program that is intended to bail out financially distressed owners or operators of nuclear power reactors, the U.S. Department of Energy told The Associated Press exclusively, shortly before…
"Joe Biden launches $6 billion effort to save distressed nuclear plants" The Biden administration is considering sending a high-level official to Kyiv to meet Ukrainian President Volodymyr Zelenskyy. The report on Wednesday said that the US administration has made no final decision about who to send to Kyiv but it could be President Joe Biden, Vice President Kamala Harris, Secretary of State Antony Blinken, or Defense Secretary Lloyd Austin, Sputnik added Moreover, the US announced to provide Ukraine with an additional 800 million US dollars’ worth…
"US considering sending high-level official to meet Zelenskyy in Kyiv" In the second such assault in less than 10 days, two Sikh men were attacked and robbed in Queens here, the same neighborhood in the city where an elderly Sikh man was assaulted early this month. The Consulate General of India in New York said in a tweet that the assault on two Sikh gentlemen in Richmond Hills, New York is deplorable. We have approached the local authorities and New York City Police Department in…
"Two Sikh men attacked, robbed in NY in second assault in the last 10 days" Oil prices inched higher on Monday as worries about tight supply persisted even as investors eyed the release of supplies from strategic reserves from consuming nations and a truce in Yemen sparked hopes that supply issues in the Middle East could abate. Brent crude futures were up 9 cents, or 0.09%, to $104.48 a barrel by 0427 GMT while U.S. West Texas Intermediate crude was at $99.30 a barrel, up 3 cents, or 0.03%. Both contracts slipped $1…
"Oil inches up as supply concerns weigh despite reserve release, Yemen truce" In the face of mounting sanctions against Russia for launching military operations in Ukraine, India in line with its old ties and friendly relations will allow Moscow to invest and borrow in the domestic market. Russia has been hit by multiple sanctions following its military operations in Ukraine. Countries around the world are imposing fresh sanctions against Russia. The United States, the European Union, the United Kingdom and Canada have banned certain Russian banks from SWIFT, the high-security network that facilitates…
"India to allow Russia to invest, borrow from domestic market: Report" Asian shares faltered and oil prices slid on Monday as a coronavirus lockdown in Shanghai hit economic activity, while the yen extended its stomach-churning descent as the Bank of Japan stood in the way of higher yields. China’s financial hub of 26 million people told all firms to suspend manufacturing or have people work remotely in a two-stage lockdown over nine days. The spread of restrictions in the world’s biggest oil importer saw Brent skid $3.39 to $117.26, while U.S.…
"Oil hit by Shanghai shutdown; yen sinks as BOJ defies the yield tide" Plans to evacuate civilians from a besieged port city in Ukraine failed to materialize Sunday for the second time along with an expected Russian ceasefire, a Ukrainian official said, as officials tried to persuade Russia to agree on establishing other evacuation routes near Ukraine’s capital. Residents expected to leave the port city of Mariupol during a 10 a.m. to 9 p.m. local ceasefire, Ukrainian military authorities said earlier in the day. Interior Ministry adviser Anton Gerashchenko said…
"Russia-Ukraine crisis: Civilian killings halt fresh evacuation bid" सोशल मीडिया कंपनियों के लिए तय किए नियमों को पालन करने की डेडलाइन अब करीब है. इसी बीच फेसबुक की तरफ से बड़ा बयान सामने आया है. सोशल नेटवर्किंग कंपनी फेसबुक ने कहा है कि वह केंद्र सरकार द्वारा बनाए गए नियमों का पालन करेगा. हालांकि, कुछ मुद्दों पर बातचीत का दौर जारी है.” फेसबुक के प्रवक्ता ने कहा, ‘हमारा लक्ष्य आईटी नियमों के प्रावधानों का पालन करना है. लेकिन कुछ ऐसे मुद्दों पर बातचीत…
"केंद्र सरकार के निर्देशों का पालन करेगा Facebook लेकिन कहा- कुछ मुद्दे हैं जिसपर बातचीत जरूरी"
