Usa Financial News
22.09 / 07:47
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Digital
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Features
India's emphasis is "minimising conflict and division" and "leveraging democratic values": Foreign Secretary Vikram on PM Modi's US visit
Modi's engagements during the Quad summit is the emphasis of India on minimizing conflict and division while leveraging democratic values to pursue development objectives, Foreign Secretary Vikram Misri said on Sunday. Addressing a special briefing on PM Modi's visit to the US, Misri said, «India's emphasis is on minimizing conflict and division, leveraging democratic values even as we pursued development objectives, and highlighting the role of technology and the digital revolution in ushering in good governance, essentially to turn the disruptive features of technology to good ends.» These themes found reflections during the bilateral meetings in Delaware,the Foreign secretary said.
22.09 / 07:11
markets
Digital
Enterprise
Trade
RAI
reports
Adani Energy Solutions valued at $18.5 billion; revenue to grow 20%
Adani Energy Solutions Ltd, power transmission utility of the Adani group, is valued at USD 18.5 billion at enterprise level and a strong business growth is likely to propel a 29 per cent compounded growth in its pre-tax profits over the next three years, a report said. AESL has a diversified portfolio that includes transmission assets, distribution assets, and a smart metering business. «With an enterprise value of USD 18.5 billion, we believe AESL to be a very attractive way to play the rapidly expanding energy markets in India,» global brokerage Cantor Fitzgerald said, initiating coverage of the company. It believes AESL offers growth unlike any other publicly traded utility/energy company across US, Europe, or Asia. «We forecast total revenue to grow at a CAGR of 20 per cent from FY24 to FY27 and adjusted EBITDA to grow at a CAGR of 28.8 per cent.»
22.09 / 07:11
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RAI
Quad Summit: India announces $500,000 scholarship for Indo-Pacific students
Quad scholarships, worth USD 500,000, to students from the Indo-Pacific. This initiative will enable recipients to pursue a four-year undergraduate engineering programme at a Government of India-funded technical institution. Notably, Prime Minister Anthony Albanese of Australia, Prime Minister Narendra Modi, Prime Minister Kishida Fumio of Japan, and President Joe Biden of the United States--met for the fourth in-person Quad Leaders Summit, hosted by President Biden in Wilmington, Delaware. Wilmington is Biden's home town.
22.09 / 07:11
markets
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FIVE
Research
Experts
reports
India's affluent class boosts high-end spirits sales, outpacing US and China's consumption rates: Swiss researcher
Scotch whisky and fine wines registering double-digit growth, outpacing consumption rates in the US and China, according to a Switzerland-based researcher. «One subcategory where India surpasses China and is growing at double the rate of the USA over a five-year CAGR is Scotch luxury whisky,» Simon Joseph, a senior luxury brand builder and consumer experience expert based in Zurich, said. Joseph, a researcher with Glion Institute of Higher Education, said according to various data forecasts, the luxury Scotch whisky market is also growing at 16 per cent CAGR up to 2024-end. Scotch whisky exports to India grew at a compound annual growth rate of 66% up to 2022, outpacing the US, China, and other significant markets, Joseph said, citing data from the UK-based Scotch Whisky Association (SWA).
22.09 / 07:01
22.09 / 06:47
UPS
Action
community
beautiful
social
Interviews
Nothing trivial, nothing insincere about ‘Stone Yard Devotional’
Subscribe to enjoy similar stories. In an interview published on the Booker Prize website, Australian writer Charlotte Wood offers a key insight to unlocking her unusual and absorbing novel, Stone Yard Devotional, shortlisted for the 2024 prize earlier this week. “I wanted nothing trivial, nothing insincere in this book," she says, taking a cue from the American master, Saul Bellow.
22.09 / 05:51
22.09 / 02:51
COST
JPMorgan
Platform
Racing
Election
President
Harris makes undercover push to win over corporate America
Subscribe to enjoy similar stories. Texas billionaire Mark Cuban only occasionally spoke with President Biden or his aides. But when he thought over the summer that drug-industry middlemen were hiking up the cost of medicines to drive independent pharmacies out of business, he found an eager sounding board in Kamala Harris’s presidential campaign.
22.09 / 02:51
FIVE
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wellness
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How the martini became the world’s most iconic cocktail
Subscribe to enjoy similar stories. AT DUKES BAR in London there is a limit of two martinis per person. Enrico Chiappini, the head bartender, says that in his 16 years he has made almost no exceptions.
22.09 / 02:25
markets
Cooper
Manufacturing
security
country
innovations
Department
India, US to elevate bilateral support to build secure global clean energy supply chains: White House
manufacturing capacity for building on existing clean energy cooperation between the two nations, according to the White House. The announcement on Saturday came after the meeting of Prime Minister Narendra Modi and US President Joe Biden at Greenville, Delaware. Prime Minister Modi is in the US on a three-day visit. To launch the partnership for establishing a «shared, resilient, and cutting-edge techno-industrial base» centred on innovative clean energy manufacturing techniques, the US and India are «working to unlock USD 1 billion in new multilateral finance through the International Bank for Reconstruction and Development (IBRD) for projects, including catalysing India's domestic clean energy supply chain buildout», the White House said in a statement.
22.09 / 02:25
markets
Pool
Remark
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RAI
reports
testing
China testing us, Joe Biden caught telling Quad leaders on hot mic
Biden was caught on a hot mic telling leaders of the Quad nations that China was testing them, thus reflecting upon the American seriousness of the emerging Chinese threat. Biden's remark came during the Quad Leaders' Summit on Saturday, which was attended by Prime Minister Narendra Modi, Australian Prime Minister Anthony Albanese and Japanese Prime Minister Fumio Kishida. «We believe Xi Jinping is looking to focus on domestic economic challenges and minimise the turbulence in China,» Biden told the leaders at the Summit. His opening remarks were caught on the hot mic as pool reporters were leaving the Summit venue. Biden was heard saying that Chinese President Xi Jinping is «looking to buy himself some diplomatic space, in my view, to aggressively pursue China's interest.»
22.09 / 02:25
markets
Citi
community
President
Celebrity
Diversity
'Indian community has distinguished itself in the USA', says PM Modi after diaspora interaction in Wilmington
Indian diaspora and their achievements in the United States, Prime Minister Narendra Modi said that the community has distinguished itself in the USA, making a positive impact across diverse sectors. Sharing a post on X, following his arrival at Hotel duPont in Wilmington, Delaware, Prime Minister Modi wrote, «The Indian community has distinguished itself in the USA, making a positive impact across diverse sectors. It's always a delight to interact with them.»
22.09 / 02:25
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Action
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Align
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peace
Quad a force for good, more strategically aligned than ever: Joint statement
Indo-Pacific region following a meeting of its leaders. The summit, hosted by US President Joe Biden in Wilmington, Delaware, included Indian Prime Minister Narendra Modi, Australian Prime Minister Anthony Albanese, and Japanese Prime Minister Fumio Kishida. The Wilmington Declaration, released after the fourth in-person Quad Summit, stated, «Four years since elevating the Quad to a leader-level format, the Quad is more strategically aligned than ever before and is a force for good that delivers real, positive, and enduring impact for the Indo-Pacific.» «We celebrate the fact that over just four years, Quad countries have built a vital and enduring regional grouping that will buttress the Indo-Pacific for decades to come,» the declaration said.
22.09 / 02:25
markets
MET
Cooper
President
RAI
Relationships
PM Modi meets Japanese counterpart Fumio Kishida; discusses ways to deepen bilateral ties
Fumio Kishida on the sidelines of the Quad Summit here and exchanged views to deepen bilateral cooperation further. Modi and Kishida met on Saturday in Wilmington, where they participated in the Quad Leaders' Summit, hosted by US President Joe Biden. Australian Prime Minister Anthony Albanese also attended the Summit. Modi and Kishida reviewed the India-Japan relationship and talked about ways to expand the bilateral relations. «PM @narendramodi met PM @kishida230 of Japan on the sidelines of Quad Summit in Delaware,» the official account of the Ministry of External Affairs said in a post on X.
22.09 / 02:25
markets
Provident
Cooper
Action
Research
Department
"Supported deployment of medical equipment, facilities...": Japan PM at Quad leaders' Cancer Moonshot event
medical equipment and facilities, and also offered technical cooperation. Addressing the Quad leaders' Cancer Moonshot event in Wilmington, Delaware, Kishida said that such «endeavours will continue going forward.» «Regarding our support for measures against cancers in the Indo-Pacific region, Japan has offered support such as the deployment of equipment and technical cooperation, or support through international organisations and initiatives,» the Japanese PM said in his remarks.
22.09 / 02:25
Provident
Aware
security
Sustainability
Research
country
International
Quad countries to deliver trusted technology solutions to broader Indo-Pacific region, grouping more strategically aligned: Wilmington Declaration
Quad countries on Saturday announced Maritime Initiative for Training in the Indo-Pacific" (MAITRI) to enable Indo-Pacific partners to maximize tools provided through Indo-Pacific Partnership for Maritime Domain Awareness (IPMDA) and other initiatives. The Quad countries said they are proud to announce an ambitious expansion of their partnership to deliver trusted technology solutions to the broader Indo-Pacific region. «Anchored by shared values, we seek to uphold the international order based on the rule of law. Together, we represent nearly two billion people and over one-third of global gross domestic product. We reaffirm our steadfast commitment to a free and open Indo-Pacific that is inclusive and resilient,» read the Wilmington Declaration Joint Statement released after the Quad Summit.
22.09 / 02:01
markets
UPS
FIVE
JPMorgan
students
International
The hardest US bank to get into isn’t Goldman Sachs or JPMorgan, actually
Despite the rising number of applications and the falling number of internships, the hardest (major) investment bank to land an internship isn’t the venerable JPMorgan and its 0.91% acceptance rate or Goldman Sachs and its 0.8%. No, the toughest bank to land an internship at – statistically – is Morgan Stanley.
21.09 / 21:29
markets
Aware
Election
President
Experts
reports
Interviews
Jeffrey Archer says he would vote for Kamala Harris but Donald Trump will win U.S. Elections
US Presidential Elections 2024. In an interview, he said he presumes former US President Donald Trump will win this election ultimately, however, he would vote for Vice President Kamala Harris despite his prediction. He added that he feels most of the Americans are not intelligent enough to decide properly what is good for them. This statement has ignited debates about the matter of electoral outcomes, which is completely dependent on voter awareness, reported The Telegraph.
21.09 / 21:29
markets
Digital
Sustainability
Experts
RAI
Schools
The Penguin Episode 2: Release Date, Time, Where to Watch, Episode Schedule and Plot
The Penguin Episode 2 is set to air soon on HBO. The series has a total of eight episodes.
21.09 / 20:37
UPS
Southern
wellness
trends
country
Interviews
As warm weather lingers, what that means for fall – and leaf colours
fall, meteorologists say – and that means leaf peepers will have to wait a little while longer.“A trend of above-normal temperatures” is forecasted for the rest of September and October across the country, according to Global News meteorologist Ross Hull.“It’s going to be a warmer-than-normal (fall) for much of the country, especially eastern sections of the country,” Hull said.Dominant air masses and air flows coming up from the United States seem to be influencing these warmer-than-normal conditions, said Geoff Coulson, a warning preparedness meteorologist with Environment Canada.“Many of these air masses, especially in more southern parts of the country, are influenced by air masses coming up from the U.S.
21.09 / 20:29
UPS
Football
show
2020
Department
Scandals
volleyball
Brett Favre to appear before US House panel looking at welfare misspending
Retired NFL quarterback Brett Favre is scheduled to appear before a congressional committee examining how states are falling short on using welfare to help families in need
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