Usa Financial News

Strides Pharma Science on Wednesday reported 10.4 crore net profit in the quarter ended March 31, 2024. The company reported a loss of Rs 1 crore in the corresponding quarter of the previous year. The net profit before tax stood at Rs 29.6 crore in Q4FY24.

filed the lawsuit to prevent Telsa Power from using the "Tesla" trademark. It argued that Tesla Power's use of the trademark in India was causing confusion among consumers and potentially harming its business interests. It claimed Tesla Power not only had a similar trademark but also advertised itself as an EV company in newspapers.

WASHINGTON–The share of U.S. adults who said they were doing OK financially fell last year, underscoring one of the key hurdles to President Biden’s re-election hopes. The Federal Reserve said Tuesday that 72% of respondents to its annual survey of financial well-being said they were “doing at least OK" in 2023.

In one sense, US President Joe Biden’s punitive new tariffs on Chinese electric vehicles (EVs) are indeed necessary, just as he argues. What makes them so are the enormous sums that the administration is devoting to expanding US capacity to produce its own EVs. An almost-invariable characteristic of industrial policy is to start with one dumb idea, after which many more then follow—by necessity.

Gold is having its moment. Geopolitical hedging from global central banks could keep it shining. Now at its highest level ever, above $2,400 per troy ounce, general jitters about the world alone can’t explain gold’s strength.

Bitcoin trading that occurs during US market hours has reached an all-time high, accounting for 46% of this year's cumulative volume through April, according to a cryptocurrency research firm. The research suggests that the higher share of trading may be linked to the January launch of spot-Bitcoin exchange traded funds, since volume has increased near the beginning and close of US trading hours, according to Kaiko Research.

The U.S. prosecutors are pushing for a prison sentence of five to seven years for the former FTX executive Ryan Salame.

assassinations both in his country and beyond. As reported by ANI, Pakistan's permanent representative at the world body also quoted from a report in a leading US daily to say the “new India comes into your home and kills you".

Maldives on Wednesday said both India and China have agreed to cooperate in efforts to pay for imports in their respective countries' currency instead of the US dollar, which is likely to help Male save almost 50 per cent of the annual USD 1.5 million imports bill from the two countries. Maldives' Economic Development Minister Mohamed Saeed said he met with the Indian High Commissioner Munu Mahawar two weeks ago, who in turn, said that New Delhi would support and cooperate in arranging for the settlement of import payments in Indian Rupee. Similarly, Saeed said, he received a letter from China's Commerce Ministry, two days ago, in which Beijing provided assurance it will cooperate in allowing the option to settle import payments in Yuan, the Chinese currency, as requested by President Mohamed Muizzu. Annually, Maldives imports goods worth USD 780 million and USD 720 million from India and China respectively, the minister had said in April when he had first announced that the Maldives was discussing with India and China if the island nation can make payments for its imports from the country in Maldivian Rufiyaa.

higher education from prestigious universities overseas for a fruitful career. However, not all are successful in achieving this dream. The obstacles are many — finding a good institution, identifying the right course, qualifying and securing admission, getting a visa, arranging finances, doing well in studies, securing a good job and getting permission to stay and work in your country of choice. If you are planning to go abroad for higher studies, you should have a good understanding of all the available options before selecting the best one. We tell you about the 5 most popular countries Indian students prefer to go for higher studies and what these countries offer in terms of education opportunities, finances and jobs.

Quad, Aukus, the US-Philippines-Japan trilateral and the US-Japan-South Korea trilateral. The Philippines, Japan and Australia are not treaty allies; however, each of these countries shares a bilateral treaty alliance with the US. Thus, the idea behind the Squad centres on the desire of all four democracies to deepen their level of integration beyond the hub-and-spokes format at a time when China has been militarizing the South China Sea at the expense of the rules-based order of the Indo-Pacific.

India try to «find reasons» to not pick Virat Kohli in the national side and said the charismatic former skipper would be his «first pick» for the T20 World Cup in the Americas. Kohli's sublime form in the ongoing IPL has seen him leading the run-chart with 708 runs from 14 innings, though questions keep cropping up about his strike rate at the top of the order. «He (Kohli) is the first pick for me for India. So, class and experience like that, you can't replace. »It's funny with Virat. I think people in India just always try to find a reason not to pick him or a reason why he's maybe not as good as some of these other guys in the T20 game," the former Australian captain and Delhi Capitals head coach told ICC.

mutual funds investing in shares of technology companies based in the US have delivered handsome returns for investors in the last few months. These funds have gained in excess of 40% in the last one year, which is among the best in equity MF schemes. Only a few equity categories such as the mid-cap and small-cap MFs have done better than these funds.

₹30 crore of unexplained currency in a Jharkhand legislator’s home, it is time to shine a light on a somewhat obscure term: Politically exposed persons (PEPs). This term refers to individuals who hold political office or public positions such as judgeships and bureaucracy posts, or have a close association with those who hold such authority. Data from Rzolut, a risk and compliance technology and data provider, reveals that there are over 2.3 million PEPs around the world, ranging from country presidents to municipality officials.

Virat Kohli's IPL team, the Royal Challengers Bangalore (RCB) at the Narendra Modi Stadium in Ahmedabad on Wednesday. She posted a note titled, ‘I wanna see you win’, with the caption, “Whatever your heart desires, Whatever aspirations you hold, I am rooting for you...You are deserving of victory."A post shared by Samantha (@samantharuthprabhuoffl) By the time this was written, the post had received 503902 likes and 3,097 comments.

At the trust's annual general meeting on Tuesday (May 21), 64.6% of votes were against the discontinuation resolution, while 35.4% were in favour of discontinuing the trust in its current form. The board said it will engage with dissenting shareholders, noting it has already held conversations with clients since it announced its $19m tender offer earlier this month (3 May). The tender offer was also approved by shareholders on the day, with 95.4% of votes cast in favour. «In the view of the board and investment manager, the plans set out last month regarding the tender offer, interim ...

Cipla on Wednesday said it has received approval from the US health regulator to market a generic medication used to treat acromegaly and other conditions. The company has received the final approval from the US Food and Drug Administration (USFDA) to market Lanreotide injection in multiple strengths, the Mumbai-based drug maker said in a statement. The company's Lanreotide Injection is therapeutic equivalent generic version of Somatuline Depot Injection, it added. The drugmaker said its product is indicated for the treatment of patients with acromegaly and gastroenteropancreatic neuroendocrine tumours.

South Africa’s Department of Home Affairs has refiled significant changes to its work-permit regime, allowing the creation of a "nomad visa" for remote workers. The changes, gazetted on May 20, became law after a previous withdrawal due to procedural lapses in public commentary periods. The new visa aims to attract remote workers employed and paid by foreign companies, provided they earn at least 1 million rand (approximately $55,404) annually. This visa also includes a short-term tax exemption. This move, recommended by the office of the president, addresses criticism from major foreign-owned employers struggling to get technicians and executives into the country due to South Africa's complex permit system. The system's delays, exacerbated by a lack of local skilled workers, have left companies in a bind, with some applicants waiting over a year for a work permit.

Uniswap Labs filed a 40-page response on Tuesday to the SEC’s Wells Notice, arguing against a potential lawsuit and urging the agency to drop the matter.

BlackRock’s spot Bitcoinexchange-traded fund (ETF) has generated significant traction, accounting for 95% of the total inflow into United States spot Bitcoin ETFs on Tuesday.

President Joe Biden and Donald Trump agree on essentially nothing, from taxes and climate change to immigration and regulation