TEMPORARY SUSPENSION OF TRADE
Binance suspends withdrawals after $6.3 billion hack: Is your crypto safe? Here's what to do now
Binance has temporarily suspended deposits and withdrawals following a reported security incident involving an estimated $6.3 billion in digital assets. The crypto exchange has pledged to cover customer losses, while users are urged to protect their accounts, watch for recovery scams and understand the risks of keeping crypto on an exchange.
What time is UK budget today and where to watch it? Will income tax rise, fuel prices increase and pensioners get relief in John Healey’s big announcement?
When will UK budget be announced? UK Chancellor John Healey will deliver his first Budget today, with the key announcements expected on income tax, fuel duty, pension payments and household energy bills. John Healey is set to deliver his first Budget this afternoon, with the chancellor expected to outline the proposals at approximately 12.30pm.
Iran, Pakistan temporarily suspend cross-border movement over technical issues, security concerns
Cross-border movement and exchanges between Iran and Pakistan have been temporarily suspended due to technical issues. Iranian Foreign Ministry Spokesperson Esmail Baghaei confirmed that authorities are working to resolve the situation. Pakistan also halted trade through specific border checkpoints to enhance security measures. Shahid Rind clarified that this decision is aimed at preventing smuggling and improving border administration.
Air India, AI Express extend temporary suspension of flights to Saudi Arabia until October 24
Air India and Air India Express have extended their suspension of flights to Saudi Arabia until October 24. Bookings issued before October 15 for specific travel dates can benefit from a complimentary date change. Passengers may also opt for rebooking from alternative locations in the GCC region to minimize travel disruptions. Several airlines, including IndiGo and Akasa Air, have similarly suspended operations in Saudi Arabia.
Mutual funds bar fresh investments in Gold ETF FoFs. What are the rules for existing SIP investors?
Seventeen mutual fund houses have temporarily restricted fresh investments in specified gold exchange-traded fund-of-funds (FoFs), including lumpsum contributions, new SIPs and switch-ins. Existing SIPs and redemptions generally remain permitted, subject to scheme-specific conditions.
HDFC, Kotak, ICICI Prudential among 17 mutual fund houses to temporarily restrict subscriptions in gold ETF FoFs
Around 17 mutual fund houses have temporarily halted fresh subscriptions to gold ETF Fund of Funds from October 15–16, citing SEBI-related instructions or unspecified reasons. Redemptions and existing systematic investments continue, amid rising gold ETF inflows and seasonal festive demand ahead of Dussehra and Diwali.
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Ashok Leyland just had a record June quarter. So why did the margin fall a full point?
Ashok Leyland's June-quarter has an unusual contradiction. The company sold 48,763 commercial vehicles, its highest-ever first-quarter volume, and revenue from operations rose 10.43% to Rs. 9,634 crore. Yet, the operating EBITDA was Rs. 970 crore, almost the same as a year earlier. The Q1 FY 27 result must, therefore, be understood not in terms of greater demand, but in terms of why the record volumes and revenue did not lead to an increase in operating earnings.
China is building a new rulebook for dealing with the US — tariffs are only the beginning of a much broader reset
China and the United States have established a reciprocal framework for tariff reductions on approximately $30 billion of goods from each side. They created two new boards to facilitate trading and investment discussions as a means of ongoing economic cooperation. Additionally, a dedicated dialogue on artificial intelligence (AI) issues has been initiated between the two nations. The Kuala Lumpur trade arrangement has also been extended for further negotiations.
Qatar resumes maritime operations, lifts vessel suspension
Qatar has lifted its temporary ban on maritime navigation for all vessels, effective immediately. This decision reverses a suspension imposed last month due to escalating regional tensions involving Iran, Israel, and the United States. The move aims to ensure the safe passage of ships through vital Gulf waterways, crucial for global energy and trade markets. Operators are urged to adhere to all safety regulations for secure voyages.
Hidden gas fee? The real reason you are paying 18 Cents extra per purchase
Gas tax suspension 2026 is gaining urgent attention as U.S. fuel prices hit $3.79 per gallon nationwide. The Gas Prices Relief Act of 2026 proposes a federal gas tax holiday to cut the 18.4-cent tax and ease rising fuel costs. This gas tax suspension 2026 aims to deliver direct savings at the pump for millions of drivers. Lawmakers say the move targets inflation pressure and global oil price shocks linked to the Iran conflict. However, experts warn fuel prices depend on crude oil trends, not just taxes. The federal fuel tax suspension could help short term, but long-term economic impact and infrastructure funding remain key concerns.
India urges Russia to approve 32 seafood processing units for supplies
India welcomed Russia’s approval of 128 seafood processing units for exports, calling it a sign of growing trust. Fisheries Minister Rajiv Ranjan Singh urged Moscow to clear the remaining 32 units and lift temporary suspensions to further boost trade. Expanded access will benefit 30 million fishery-linked livelihoods, diversify exports, and strengthen India’s position as a leading global seafood producer.
China's rare earth blackmail backfires, strengthening global resolve against China's economic coercion
China's attempt to control rare earth minerals has failed. The United States and its allies are now finding new sources. This move has united Western nations against China's economic pressure. China's influence over rare earths is expected to decrease significantly in the coming months. Diversification efforts are underway in Southeast Asia and other friendly countries.
Tata Mutual Fund announces suspension of subscription to units in Tata Silver ETF Fund of Fund
Tata Mutual Fund has become the fourth fund house to suspend subscriptions in its Silver ETF Fund of Fund, citing a shortage of physical silver and high domestic premiums. The suspension, effective October 14, applies to lump-sum, SIP, and STP investments until further notice.
After Kotak and UTI, SBI Mutual Fund halts silver ETF FoF subscriptions
Following Kotak and UTI Mutual Funds, SBI Mutual Fund has temporarily suspended fresh subscriptions to its Silver ETF Fund of Fund (FoF) from October 13. The fund house notified unitholders via a notice cum addendum, citing the current market scenario and the need to safeguard investors’ interests. Redemptions, SIPs, and switch-outs will continue as per scheme terms.
Bull run for gold & silver likely to continue on central bank demand, weaker dollar: Kotak AMC's Nilesh Shah
Gold and silver are expected to stay supported in the coming months, driven by central bank demand, a weakening dollar, and supply constraints. Kotak AMC’s Nilesh Shah highlights that these factors, alongside festival-driven premiums, make precious metals a key hedge and long-term portfolio diversifier.
US Postal Service to accept inbound parcels from China, Hong Kong after suspension
The USPS has temporarily halted receiving packages from China and Hong Kong Posts starting February 4. This suspension does not affect letters and 'flats'. It is unclear if this action is related to President Trump's policy changes, which involve tariffs on Chinese goods and ending 'de minimis' shipments from specific countries.
NCDEX's average daily turnover grows 47% to Rs 1,857 crore in FY22
The exchange's average daily turnover in the previous fiscal was higher than Rs 1,261 crore in FY21 and even higher than Rs 1,794 crore that prevailed during the pre-pandemic 2019-20 year, it said in a statement.
Government suspends issuing export benefits under key schemes
The Directorate General of Foreign Trade (DGFT) said that benefits under the Merchandise Exports from India Scheme, Service Export from India Scheme, Rebate of State and Central Taxes and Levies, and Rebate of State Levies have been “put on hold for a temporary period”.
US SEC suspends trading in 15 securities due to 'questionable' social media activity
The Securities and Exchange Commission acted because none of the companies have filed any information with the regulator for over a year, it said in a statement.
Union budget opens floodgates for Chinese stainless-steel companies: ISSDA
By way of announcing a temporary suspension of Countervailing Duty, the government has enabled irrational imports of stainless-steel finished products from China and Indonesia, where injury to domestic industry had been proved after detailed DGTR investigations, said Pahuja.
China bars all foreign nationals to curb coronavirus
The Chinese Ministry of Foreign Affairs announced that foreign nationals with residence permits will be prevented from entering the country starting on Saturday. All visa-free transit policies also will be temporarily suspended.
Lupin recalls over 23,000 bottles of antibiotic drug in US
Drug major Lupin is recalling over 23,000 bottles of an antibiotic drug in the US for being sub-potent, US Food and Drug Administration (USFDA) said.
Indian workers in Gulf down by half since 2015
There has been a steady decline over the past few years and the recent immigration policies adopted by Gulf countries are a mixed bag for Indians.
Suspension on expedited H-1B visa to affect IT companies: Nasscom
In the past few weeks, there have been proposals to overhaul the popular H-1B visa regime through various legislations which have added to the worries of the Indian IT sector.
India to seek market access for mangoes, bovine meat from South Africa
India is expected to seek from South Africa market access for mangoes, grapes and bovine meat in order to increase the country's exports.
India wants Russia to lift rice imports ban
Rice export to Russia rose five times to $25 million in April-December 2012.
Goa’s ban on mining is in reality a sham
The Shah Commission report may give the people of Goa only a temporary reprieve from the impacts of mining with the state government permitting trade of already extracted ore that has been termed illegal by the panel
IIFL suspends its brokerage operations in Singapore
India Infoline(IIFL) Group said it is "suspending" its brokerage operations in Singapore amid low trading volume there and as part of the ongoing restructuring programme.
Extension of ban to hit agri futures, says FMC
Commodity market regulator Forward Markets Commission today said that extension of ban on four commodities - soya oil, potato, chana and rubber - will further push down the growth of agri futures.
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