2020 Financial News

The rise of China as a world power and powerhouse of innovation despite an authoritarian political system presents a cognitive challenge to the liberal world order helmed by the US. However, the Western model appears to be creaking under the weight of its own imperfections even without the successful counterpoint posed by China. The US adopted an accentuated market-led growth pattern with the Ronald Reagan era of the 1980s.

Moneycontrol report. “Unfortunately, owing to local market conditions, we can no longer continue to serve users of Resso in India. We have therefore decided to shut down Resso and its associated operations on January 31.

NEW DELHI : The Union ministry of food processing industries may get a lower allocation in the interim budget for FY2024-25 following lower expenditure in the ongoing financial year, a senior MoFPI official said. The ministry has spent about ₹2,912 crore so far in FY2023-24, against the budget estimate of ₹3,287 crore for the financial year.

Health Minister Mark Holland reiterated on Wednesday that there is “no way” Florida, or any other foreign jurisdiction, will be allowed to threaten Canada’s drug supply.

Barcelona will face off against Copa del Rey runners-up Osasuna in the second semi-final of the Spanish Super Cup at Al-Awwal Park in Riyadh, Saudi Arabia. Barcelona versus Osasuna Spanish Super Cup semi-final match will kick off at 2 pm (ET), on Thursday, January 11.

McDonald's is reportedly introducing the Double Big Mac at participating restaurants across the US for a limited time starting January 24. This sandwich boasts an increased quantity of all-beef patties, totaling four, complemented by an extra serving of Big Mac sauce, along with pickles, lettuce, and chopped onions – although the cheese remains the same, with one slice positioned beneath the lower pair of patties, as per a USA Today report. Details regarding pricing and specific markets receiving the sandwich were not promptly addressed by McDonald's in response to inquiries.

By Nathan Layne

FOX Business correspondent Madison Alworth shares why for many first-time homebuyers, the American dream is delayed as a result of high mortgage rates and home prices on 'Varney and Co.'

Prescriptions for ADHD treatments surged among adults during the COVID-19 pandemic, helping to fuel lingering shortages that are frustrating parents and doctors

Mint analyses what the move means for advertisers, users and Google’s $250 billion ad-revenue empire. Google isn’t the first company to move against third-party cookie tracking. Web browsers such as Safari, Mozilla Firefox and Microsoft’s Edge have made it possible to block third-party cookie tracking.

Suchana Seth case. The Bengaluru-based entrepreneur is currently in the custody of Goa police for murdering her four-year-old son. Upon investigation, the police found that her startup — Mindful AI Lab was not a proper office but a co-working space, according to anIndian Express report. The accused is also the director of another Bengaluru-based machine intelligence firm, which was registered in September 2020 and is still active. Despite being listed as a research fellow at the Raman Research Institute from 2008-2011, she dropped out from there in 2010 according toIndian Express.

Parag Parikh Flexi Cap Fund, a flagship scheme of Parag Parikh Mutual Fund, crossed Rs 50,000 crore in assets under management in December, an analysis of AUM trend by ETMutualFunds showed. The scheme manages assets worth Rs 52,684.28 crore as on December, according to Amfi. The AUM of the scheme has grown by around 80 per cent in 2023. Launched in May 2013, the flexi cap scheme has completed 10.62 years. The scheme offered 19.34% since inception. The scheme offered 19.47% in 10 years, 22.77% in five years, and 22.34% in three years. In the 10-, five-, and three-year horizons, the benchmark (Nifty 500 — TRI) offered 16.26%, 17.60%, and 18.96% respectively. This shows that the scheme has managed to beat its benchmark during these horizons.

mocked Indian Prime Minister Narendra Modi over his Lakshadweep visit. Notably, Indians were only second to Russia in the chart showing tourist arrivals in the Maldives by nationality in January 2023. India was among the largest tourist markets for the Maldives in 2023.

A lawyer for the New York attorney general’s office says the longtime head of National Rifle Association operated as the “King of the NRA.”

Germany’s last remaining major department store chain has filed for insolvency protection, its third filing in less than four years, after its owner ran into difficulties

Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024

ALSO READ: Suryakumar Yadav to miss IPL 2024? India's injury woes continue as SKY, Mohammed Shami's recovery stretches longer Looking at the records, this is most likely to be Hardik's second serious injury in his career after September 2020. Following his previous injury, he had to miss the tournaments for almost a year. But when he returned, he was stronger, and with a rejuvenated back and energy.

World Bank warned on Tuesday that global growth in 2024 is set to slow for a third year in a row, prolonging poverty and debilitating debt levels in many developing countries. Hamstrung by the COVID-19 pandemic, then the war in Ukraine and ensuing spikes in inflation and interest rates around the world, the first half of the 2020s now looks like it will be the worst half-decade performance in 30 years, it added.

By Andrew Goudsward and John Kruzel

Jason Momoa and Lisa Bonet are finally heading for official separation after Bonet has filed for the divorce. The date of separation has been cited by Bonet is October 7, 2020. The 56-year-old Bonet's decision came two years after the couple announced split in January, 2022 on Instagram. Bonet, whose legal name is Lilakoi Moon, filed documents to end her marriage to the 44-year-old Momoa in Los Angeles County court on Monday.

Apple has started to pay the owners of some iPhone models in the US because of allegations that the handsets have become slower. Those who made the complaints are to be paid around $92, as a constituent of the total payout of $500m, for each model that has slowed down.