Usa Financial News

Kejriwal on Sunday said Lok Sabha exit poll results are «completely fake», and asserted the BJP won't form the government on June 4 when results are officially declared. Several exit polls on Saturday predicted that Prime Minister Narendra Modi will retain power for a third straight term, with the NDA expected to win a big majority in the polls.

T20 World Cup schedule and time table are out as Cricket ventures into uncharted territory as the first ever major tournament to be staged in the United States gets under way in Texas with the opening game of the ICC tournament.

C V Ananda Bose on Sunday said he was worried after getting reports about post-poll violence in Sandeshkhali, and asked Chief Minister Mamata Banerjee to intervene immediately and restore peace there. Speaking to PTI, Bose said that he has written to Banerjee asking her to inform him about the action taken against those involved in the incidents of violence in Sandeshkhali in North 24 Parganas district.

Palestine cause. The supermodels regularly share pictures of the humanitarian crisis in Gaza, and made it clear that they don't have any ill feelings towards the Jewish people.

military officials from the U.S. and its top African allies watched intently as dust and flames shot up from pieces of the Sahara Desert hit by tank and artillery fire. They looked up as pilots flew F-16s into formation. And they listened intently as Moroccan and American personnel explained how they would set up beachheads to defend the Atlantic coastline in the event of a potential invasion. The practice scenario was among those discussed during African Lion, the United States' largest annual joint military exercise on the continent, which concluded Friday in Morocco.

Why did FPIs dump ₹25,586 crore worth of Indian shares in May—Explained with 4 key reasonsArora further added that the FII category does not get squeezed generally. “FII as a category does not get squeezed- except some individual fund here or there (which happens all the time)," he said.The sentiments of foreign investors have been impacted by the volatility stemming from the Lok Sabha elections in 2024, a more aggressive stance taken by global central banks, the strong performance of Chinese markets, and various other global indicators.FPIs divested Indian equities valued at ₹25,586 crore, with a total outflow reaching ₹12,911 crore by May 31, encompassing debt, hybrid, debt-VRR, and equities, as per data from the National Securities Depository Ltd (NSDL).

ALSO READ: India's forex reserves jump for third week to hit fresh record high of $648.7 bnIndia’s forex reserves’ last all-time high was in October 2021.During the reporting week ended May 24, the foreign currency assets (FCA), the biggest component of the forex reserves, in the country fell by USD 1.510 billion to USD 567.499 billion, showed the RBI data.Gold reserves stood at USD 56.713 billion, down by by USD 482 million. So far this year, the forex reserves have grown about USD 28 billion on a cumulative basis.As per a RBI report, the foreign exchange reserves are sufficient to cover around 11 months of projected imports of the country.In 2023, the central bank had added about USD 58 billion to its foreign exchange kitty.

In spite of the highest Federal Reserve policy rates in two decades, the US economy grew about 2.5% last year, unemployment remains low and stocks are near all-time highs, leading many observers to conclude that the economy has become less interest-rate sensitive—and probably needs permanently high benchmark rates to prevent overheating. Consider the shift in attitudes in recent months.

hostage release deal outlined by US President Joe Biden.

geopolitical events, currency fluctuations, and trade agreements can have profound effects on profit-booking behaviour in Indian gold, silver, and rupee markets, shaping subsequent reinvestment strategies for investors.

turbulence on flights: eyes squeezed shut, hands clamped to the armrests for dear life, bracing for the roller coaster to come.

Stablecoin issuer Tether Holdings Ltd. has acquired a $100 million stake in Bitdeer Technologies Group, the US-listed Bitcoin miner owned by Chinese billionaire Jihan Wu, with an option to purchase an additional $50 million in shares within a year. The two firms entered into a subscription agreement for a private placement of 18.6 million Class A ordinary shares, Bitdeer said in a statement on Friday, which generated $100 million in gross proceeds. There was also a warrant to purchase up to five million in additional shares at $10 per share. The private placement closed on Thursday. Cantor Fitzgerald & Co. acted as the placement agent.

India captain Rohit Sharma. In the video, which was shared on social media, the fan can be seen running up to Rohit Sharma and hugging him before being taken away by the police officers present at the venue. Interestingly, despite the intrusion, the Indian captain can be seen pleading with the officers not to be too harsh on the fan.However, this is not the first time a fan has come onto the field to meet Rohit Sharma.

SINGAPORE—China’s defense minister sought to assuage fears of confrontation between the Chinese and American militaries a day after the U.S. defense chief did the same, part of an effort to manage tensions between the two global powers in a turbulent environment. He also warned Washington against testing Beijing’s limits on its core interests, in a sign of how delicate and tentative the rapprochement remains.

The world is too distracted with ongoing wars and high-stakes election campaigns to pay attention to a remarkable proposal from China. At the United Nations Conference on Disarmament held in Geneva this February, one of Beijing’s senior officials dealing with nuclear weapons policy declared that “nuclear-weapon states should negotiate and conclude a treaty on no-first-use of nuclear weapons against each other or make a political statement in this regard." There had been some indications towards the end of 2023 that China was planning to engage the United States in a new phase of discussions on nuclear security, but the proposal in Geneva is as breathtaking as it is promising. The world—and India — must approach it constructively.

Also Read: NASA shares tips for enjoying 'parade of planets 2024' on June 3: ‘Look for reddish…’Planetary alignment is a term referred to a rare positioning of planets in the solar system. The planets are aligned in such a way that all of them appear to come in a straight line.

Netizens hail Rishabh Pant's casual 'no-look' shot against BangladeshAhead of the start of the 2024 T20 World Cup today, former India captain Sourav Ganguly offered some advice to India coach Rahul Dravid. Ganguly said it was important for the coach and the team to relax a bit and play with freedom.In an interaction with RevSportz, Ganguly said,"If I can say something to Rahul [Dravid] and, make no mistake, he is a champion cricketer and cricket brain, it will be to relax a little.

It began with a notification: A user wanted to connect on LinkedIn, and sent a note saying she thought the man’s profile was impressive. She seemed polite and attractive. The man, a 75-year-old professional who lives in the American Midwest, replied.

Foreign investors pulled out a massive Rs 25,586 crore from Indian equities in May due to uncertainty surrounding the outcome of general election and outperformance of Chinese markets. This was way higher than a net outflow of over Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. Before that, FPIs made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February, while they took out Rs 25,743 crore in January, data with the depositories showed.

reassuring, but external debt is only one part of our external liabilities. For a full picture of what India owes to foreigners, it is more useful to track India’s international investment position (IIP), which shows the stock of international financial assets and liabilities at a point in time. On the assets side, IIP includes all foreign financial assets that Indians own, including international reserves held by the central bank.

convicted of a felony—34 felonies, in fact. This historic disgrace should both shock the nation and reassure it about its capacity to achieve justice. That the conviction of Donald Trump will probably accomplish neither result testifies partly to the corrosive power of Mr Trump’s shamelessness and partly to the complex, contestable nature of the charges brought against him.