India attends Taliban-hosted conference in Kabul on mutual regional interests in Afghanistan
Conference attended by 11 countries, reportedly including China, Russia and Pakistan. Afghanistan urged neighbours 'to help remove Western sanctions & promote economic development'. Key Points
ThePrintregional films defy the odds, achieve greater success
Punjabi and Marathi film industries are experiencing a resurgence, with movies like Carry On Jatta 3 and Baipan Bhari Deva finding success. However, regional films face challenges in competing with big-budget Hindi and South Indian cinemas for screens and audiences. Key Points
mintregional cinema slips at the box office
Punjabi film Maurh has failed to draw audiences to theatres, having made ₹2.5 crore over its opening weekend. It stars Ammy Virk in the lead role. Key Points
mintUS bank stocks rebound, regional banking index hits near 7-week high
Shares of U.S. banks regained some footing on Tuesday, with one of the top regional banking indexes hitting its highest in nearly seven weeks, as investors shrugged off reports of tighter capital requirements for banks. Key Points
Reutersregional connectivity exists beyond short-haul routes: Star Air
India has a lot of regional potential, which remains untapped. I think regional travel might grow five-fold in the next five years. Tiwana said. Stating that it is possible to operate a regional airline in India successfully, he said, You play your cards right, go for the right network, which in line with the aircraft you operate (and) that makes a big difference (in terms of sustaining operations). Key Points
Economic Times
Why the China-brokered Iran-Saudi Reconciliation Effort is not bad news for I2U2
The involvement of China as the broker was rather unanticipated but not entirely unexpected. China has over the years increased its engagement with the Gulf and West Asia. Key Points
FinancialexpressProducer Darrpan Bangejaa on how regional films are surfacing to the top
'Regional cinema has its own charm. As I have always said, today's audience has become more vigilant,' says Producer Darrpan Bangejaa. Key Points
FinancialexpressPM Modi praises SC's initiative of making judgments available in regional languages, CJI responds with folded hands
"I want to thank the Supreme Court that now the operative part of its judgments will be available in one's mother tongue. The significance of regional languages is increasing," the Prime Minister noted on Tuesday. Key Points
Business TodayUS regional banks shares surge after Bill Gross says they have hit bottom
Shares of a handful of U.S. regional banks popped on Thursday after famed bond investor Bill Gross said the danger in investing in them had passed. Key Points
ReutersUS bank stocks fall as investors turn jittery ahead of Q2 results
U.S. bank stocks fell and a key regional index hit a near two-week low on Thursday amid lingering worries about the health of the lenders in the aftermath of the crisis in regional banks and ahead of second-quarter results that start next week. Key Points
ReutersAsian shares rally on US tech bounce, payrolls in focus
By Stella Qiu SYDNEY (Reuters) -Asian shares were buoyed by a late bounce in U.S. tech on Friday as results from Meta and Amazon beat expectations, while investors are bracing for U.S. jobs figures, Key Points
ThePrintNITI Aayog to examine viability of UDAN scheme
As per the RfP document, the evaluation study will include identifying gaps and challenges in issues related to operations, management and development of airports while providing research and economic perspectives on all aspects of the project. “The Development Monitoring and Evaluation Office (DMEO), National Institution for Transforming India (NITI) Aayog, intends to engage a consultancy firm to support in the evaluation study of regional Connectivity Scheme,” it said in the document. Key Points
Economic TimesFitch says US regional bank challenges to persist in 2024
Rating agency Fitch said on Wednesday that U.S. regional banks will face continued challenges in 2024, with banks focused on commercial loan growth disproportionately disadvantaged. Key Points
ReutersPacWest Bancorp shares tumble over 50%. Is another US bank set to fail?
The banking crisis in the US is worsening with more regional banks coming under pressure. PacWest Bancorp could become the next regional bank to fail. Here's all you need to know. Key Points
India TodayBharat gets another airline. Will Fly91 defy the scary aviation history?
Prime Minister Narendra Modi's UDAN scheme has paved the way for regional airline Fly91, owned by Just Udo Aviation Pvt Ltd. Fly91 aims to connect underserved airports in Bharat and provide last-mile connectivity. Inspired by successful airlines, Fly91 plans to stay small, basic, and form alliances with big carriers. Key Points
Economic Times
Italian PM Giorgia Meloni suffers setback as centre-left candidate claims Sardinia election win
With almost all the votes counted, Alessandra Todde, a member of the left-leaning 5-Star Movement who was backed by the Democratic Party (PD), had 45.3% of the vote. Key Points
ThePrintBinance gets new CEO amid US money laundering probe – Who is Richard Teng?
Changpeng Zhao, former CEO of Binance, admitted to money laundering and stepped down from his position. Richard Teng, the company's Global Head of regional Markets, has been named the new CEO. Key Points
mintFMCG giants feel the pinch as regional players' reach widens
In a notable shift, local and regional firms have made significant inroads, reaching up to 31% more households in key segments like biscuits, soap, washing powder, and detergent during the September quarter. This trend has caught the attention of chief executives at major consumer goods companies, who are now acknowledging the resurgence of smaller brands and its consequential impact on their sales growth. Key Points
Economic TimesAsian shares hit 11-month low on Middle East anxiety, surging yields
By Stella Qiu SYDNEY (Reuters) - Asian shares plumbed a fresh 11-month trough on Friday as fears of a regional conflict in the Middle East intensified and as a relentless rise in long-term U.S. yields Key Points
ThePrintPocket HRMS launches Digital Bharat 2.0 Mission for SMEs
Digital Bharat 2.0 will enable SMEs in India to digitalize their complete HRMS, payroll system and related compliances with intuitive and easy-to-use HR software over WhatsApp messaging platform in regional Indian languages. Key Points
mint
Samaira Sandhu: Avenues are aplenty, one just needs to work with open mind
Computer engineer turned actor Samaira Sandhu believes that working in the regional and musical industry has provided her with better opportunities and helped her progress in her career. She emphasizes the importance of staying relevant in any industry, whether it be Tamil, Telugu, Punjabi, or music. Sandhu also credits her education for her success and mentions her upcoming projects, including a Hindi film and songs in both Hindi and Punjabi. She expresses her interest in exploring television in the future and expresses her desire to visit Lucknow again for future projects. | Bollywood Key Points
Hindustan TimesUDAN 5.1 in the offing for northeast, hilly regions
The civil aviation ministry is expected to soon come out with the next phase of its flagship regional air connectivity scheme UDAN 5.1 to award routes in the northeast and hilly regions that will be serviced exclusively via choppers. Key Points
FinancialexpressErnst & Young names Janet Truncale as first female CEO of Big Four firm
Truncale will take over from Carmine Di Sibio on July 1. She was previously the regional managing partner for EY's financial services organization. Key Points
Hindustan TimesBiden administration picks 31 regional tech hubs to spur US innovation
The U.S. Commerce Department has announced the names of 31 regional tech hubs that will be eligible for $500 million in federal funding to promote innovation in various sectors. The program aims to diversify the tech landscape in the United States and attract private sector investments in industries such as electric vehicle battery production, semiconductors, and clean energy. Key Points
Economic Times28 parties to attend INDIA bloc’s Mumbai meeting, Uddhav says Oppn has many choices for PM face
Opposition alliance may hammer out a common minimum programme at 2-day meet, says NCP chief Sharad Pawar at press briefing. regional equations also on agenda. Key Points
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