2020 Financial News

Donald Trump beats Nikki Haley in Michigan, Missouri Trump issued a statement shortly after Haley’s victory sarcastically congratulating her on being named “Queen of the Swamp by the lobbyists and DC insiders that want to protect the failed status quo." This is not the first time Republicans in the capital have rejected Trump. During the last competitive Republican nominating contest in the District of Columbia, in 2016, Trump received less than 14% of the vote and no delegates, even as he went on to win the nomination nationally.

Jairam Ramesh on Sunday used the "washing machine" analogy to target the leaders who have quit the Grand Old Party and joined the ruling BJP, a remark coming amid allegations that the turncoats get protection in pending cases. Ramesh also said Rahul Gandhi has talked about five «nyay» guarantees targeting farmers, youth, women, and labourers during the last 50 days of the Bharat Jodo Nyay Yatra. «The people who need a washing machine are leaving and going there (joining BJP). You count the Congress leaders who have left the party, be it the chief minister of Assam (Himanta Biswa Sarma)...all are the beneficiaries of this washing machine,» Ramesh told a press conference flanked by other leaders of Congress. Parties of the opposition INDIA bloc often use the «washing machine» analogy to suggest that leaders against whom corruption cases are pending come out «clean» after joining the saffron party.

By Costas Pitas

By Aditya Kalra

Scindia who lost the Guna seat in Madhya Pradesh back in 2019 has been granted another chance by the BJP as his name was listed in the first list of the party for the upcoming Lok Sabha polls. In a significant shift from its historical loyalty, the Guna Lok Sabha seat, which has been traditionally represented by the Scindias since 1957, saw Jyotiraditya Scindia being defeated by BJP's KP Yadav in the 2019 Lok Sabha polls. This loss had a profound impact on Scindia, as it marked a departure from the long-standing support of the people of Guna towards the Scindia family. Speaking on being given a chance to contest for BJP from Guna, the Minister said «It is a great privilege for me that the top leadership of @BJP4India has given me the opportunity to serve the sisters and brothers of Guna. For this trust, I heartily thank the Prime Minister Shri @narendramodi ji, Home Minister Shri @AmitShah ji and National President Shri @JPNadda ji. I hope and believe that my God-like people of Guna will give me their blessings. I will do my best to live up to their expectations in every way. Once again Modi government!»

By Kyaw Soe Oo

leap day i.e., on February 29, 2024, by processing 4.10 crore transactions, the highest ever in a day so far. The precise number was 4 crore 10 lakh sixty-one thousand three hundred and thirty-seven, announced Reserve Bank of India (RBI) on Friday. In the past ten years (i.e., between 2014 to 2023), National Electronic Funds Transfer and Real Time Gross Settlement systems registered growth of 700 per cent and 200 per cent, respectively in terms of volume.

(Reuters) — The latest black eye for Boeing's (N:BA) top-selling 737 MAX aircraft occurred in January when a cabin panel blowout forced an Alaska Airlines flight to make an emergency landing.     U.S. regulators briefly grounded certain planes for safety checks, a move less severe than the grounding of all MAX-family jets worldwide nearly five years ago following a pair of fatal crashes.

By David Shepardson

Supreme Court on Friday sought a response from GMR Kamalanga Energy on an appeal by Chinese construction contractor Sepco Electric Power Construction Corp against quashing of a ₹1,100-crore foreign arbitral award that it won against the former. While the arbitral tribunal had asked GMR Kamalanga Energy in 2020 to pay ₹1,100 crore to Sepco Electric, the Orissa High Court in September last year set aside the arbitration award on the grounds that the tribunal had created a new contract for the parties «by not only re-writing large portions of the same but also disregarding certain explicit embargoes therein, which goes against the basic notions of justice». According to the Chinese company, the international commercial arbitration was governed by the 2015 amendment to the Arbitration Act which insulates arbitral awards from any challenge on merits under the «fundamental policy of Indian law» or the «patent illegality» grounds.

The Canadian economy has dodged a recession as gross domestic product edged up in the fourth quarter last year, primarily due to higher exports of crude oil and reduced imports, making it likely the Bank of Canada will stick to its plan of holding interest rates when it makes its next announcement on March 6.

First, the good news: Canada’s economy closed 2024 in slightly better shape than was expected, with real gross domestic product growth inching up to a one per cent annual rate (consensus was 0.8 per cent) in the fourth quarter, while the third quarter was revised to a “less negative” print of minus 0.5 per cent from minus 1.1 per cent in the initial report.

B. Riley Financial Inc. posted a wider quarterly loss, halved its dividend and delayed filing its annual report, citing a review of transactions with a key client that have drawn attacks by short sellers. Shares of the boutique investment bank fell 15% in late trading Thursday.

Startup funding in the last week of February 2024 fell about 59% in volume terms to 12 deals from the same period a year ago, totalling $171 million. Companies in seed, early and late-stages had raised about $186 million from 29 rounds in the period from February 23 to March 1, 2023, as per data from Tracxn.

Rihanna exiting the Jamnagar airport went viral on social media, and the users were quick to remember how she shared a CNN story linked to the 2021 farmers' protest in New Delhi and captioned it as “Why aren’t we talking about this?" The farmers from various states of India launched a protest against the three farm laws introduced by the Union Government in September 2020. Fearing that the implementation of the law might reduce the incomes of the farmers and even create supply chain bottlenecks, a number of farmers' unions in India joined the protest.

More Americans applied for jobless benefits last week, but layoffs remain historically low even as more high-profile companies have announced job cuts this year

Vice President Kamala Harris plans to return to the swing state of Wisconsin next week for an event touting worker apprenticeship programs

Tips Music has extended its strategic partnership with global record label Warner Music, granting access to their global catalogue, building on their three-year partnership. The expanded partnership will see Warner Music handle commercials and distribution for Tips Music's music across 23 Indian languages and 30,000+ songs on audio streaming apps. The company will use its global network to promote artists and songs globally.

heavy to very heavy rain, and snow is likely in Jammu-Kashmir, Ladakh, Gilgit, Baltistan, and Muzaffarabad on 1st and 2nd March. The authorities in Kashmir have also extended the winter vacation for valley schools by four days given the forecast of inclement weather. The schools, which were scheduled to reopen after a three-month winter vacation on March 1, would now resume on Monday.

The national economy managed to skirt a technical recession in 2023, according to Statistics Canada.

who was convicted in rape and murder cases in and sentenced to 10 years imprisonment, is already on parole till March 10. The court directed him to surrender on the same day. "Ram Rahim may surrender on the date fixed i.e.