Finance
Myanmar refugees flee conflict and conscription

MAE SOT, THAILAND – The battle between Myanmar’s military and rebel groups for control of the southeastern border town of Myawaddy has seen thousands of refugees cross into neighboring Thailand in April. But while many return to Myanmar when there is a lull in the fighting, others are seeking a more permanent escape from the […]

Updated: Apr 30, 2024
RBI issues master directions for entities operating on electronic trading platforms

New Delhi [India], April 29 (ANI): The Reserve Bank of India (RBI) has issued master directions for entities operating on electronic trading platforms, aiming to regulate and streamline the activities in electronic trading. The move comes as part of the RBI’s ongoing efforts to enhance transparency and efficiency in financial markets. According to the guidelines, […]

Updated: Apr 29, 2024
Uptrend in the stock market may continue for the coming week

New Delhi[India], April 28 (ANI): According to market analysts, the uptrend in the stock market may continue for the coming week after the US markets showed a robust performance on Friday. The coming week will be dominated by the corporate earnings releases and the highly anticipated Federal Open Market Committee (FOMC) meeting scheduled for April […]

Updated: Apr 28, 2024
CM Dhami directs officials to contain wildfire in state

Haldwani (Uttarakhand) [India], April 27 (ANI): Uttarakhand Chief Minister Pushkar Singh Dhami held a review meeting to discuss the forest fire situation with the Kumaon Division officials on Saturday and issued directives to combat the wildfire in the region. According to an official release, “Chief Minister Dhami reviewed the efforts to prevent forest fire with […]

Updated: Apr 27, 2024
NHSRCL completes groundwork for Sabarmati rolling stock depot

New Delhi [India], April 26 (ANI): The National High-Speed Rail Corporation Limited (NHSRCL) said on Friday that it has completed the earthwork for the Sabarmati Rolling Stock depot for the ambitious Mumbai-Ahmedabad bullet train project. It further said that the foundation works and reinforcement cement concrete (RCC) works for the administrative building are in progress. […]

Updated: Apr 26, 2024
Hong Kong, Shanghai to boost financial ties

HONG KONG, April 25 (Xinhua) — The Hong Kong Special Administrative Region (HKSAR) and Shanghai on Thursday agreed to further enhance cooperation to boost the financial strength of both cities. During a meeting in Hong Kong, representatives of the governments, financial regulators and exchanges of the two cities discussed issues of mutual concern, including the […]

Updated: Apr 25, 2024
India’s central bank announces supervisory action on private bank

NEW DELHI, April 24 (Xinhua) — India’s central bank, the Reserve Bank of India (RBI), on Wednesday announced a “supervisory action” on a private bank, the Kotak Mahindra Bank, directing it to cease and desist with immediate effect from onboarding of new customers through its online and mobile banking channels, including issuing fresh credit cards. […]

Updated: Apr 24, 2024
Overcapacity caused by China — a false narrative

by Zhou Mi Recently, overcapacity seems to be attracting more attention in Western countries. And unsurprisingly, the main reason behind this so-called overcapacity is China. Unlike the last round of debate which involved iron and steel products, low-carbon or green products are now in the spotlight. Is that a reasonable worry and should we do […]

Updated: Apr 23, 2024
Namibia’s crop prospects, food security dwindling amid drought: report

WINDHOEK, April 22 (Xinhua) — Namibia’s agricultural sector faces significant challenges, as outlined in the Crop Prospects, Food Security and Drought Situation Report, released on Monday by the Ministry of Agriculture, Water, and Land Reform. According to the report, preliminary crop estimates indicate a drastic reduction in projected harvests in all communal crop-producing regions and […]

Updated: Apr 22, 2024
US Fed, Israel-Iran conflict and Q4 earnings will decide how the market moves next week: Experts

New Delhi [India], April 21 (ANI): Volatility returned in Indian stock markets after a smooth rally at the start of April. The current volatility is primarily driven by Foreign Institutional Investor (FII) selling activity. Despite inflows in the primary markets, secondary markets have experienced significant sell-offs by FIIs, casting uncertainty over market sentiments. “The coming […]

Updated: Apr 21, 2024