“India needs to actively consider allowing introduction of Shariah-compliant Islamic finance products to channelise savings of the muslim community” said K Reh-man Khan, deputy chairman of Rajya Sabha.
Khan said the mutual fund industry is the best veh…
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- Dow Jones Newswires: German industrial production falls 3.1% in December, much more than forecastIndustrial output, comprising manufacturing production, energy and construction, fell 3.1% on month in December on a price-, seasonally- and calendar-adjusted basis, against expectations for a 0.6% rise.
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- Dow Jones Newswires: Siemens Energy net loss more than doubled due to renewable unit troublesThe German energy company registered a quarterly net loss of 598 million euros ($643.4 million) for the quarter ended Dec. 31
- Dow Jones Newswires: BNP Paribas reports disappointing quarter, but announces €5 billion in buybacks, lifts targets for 2022 to 2025While profit and revenue disappointed, BNP added that it would return EUR5 billion to shareholders via two tranches of share buybacks in 2023,
- Dow Jones Newswires: Baidu surges after confirming plan to launch AI chatbot in MarchShares of Baidu Inc. surged in Hong Kong on Tuesday as investors welcomed the Chinese internet giant's plan to launch an artificial-intelligence chatbot next month amid an intensifying AI race in the technology industry.
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- The Wall Street Journal: FedEx, Southwest planes came within 100 feet of crashing into each other at Austin airportA FedEx Corp. flight landing at the Austin, Texas, airport last weekend appeared to come within 100 feet of a Southwest Airlines flight taking off, according to the head of the safety agency leading the investigation into the incident, the second such close call in three weeks.