2020 Financial News

Dancing with the Stars (DWTS), TV personality Tom Bergeron has strong words to explain his exit: “They screwed me, I’m gonna screw them.”During a recent appearance on DWTS pro Cheryl Burke’s “Sex, Lies and Spray Tans” podcast, Bergeron said he left the show after criticizing producers for their controversial decision to invite former White House press secretary Sean Spicer to compete.Bergeron, 68, famously hosted the competition dance show from 2005 to 2020. Despite his 15-year tenure with the production, Bergeron said his insistence that Spicer should not be allowed on DWTS did not go over well.Bergeron told Burke he envisioned DWTS as a “wonderful escape” from the regular rigmarole of U.S.

“My first investor, who is very close to me, indeed had faith in our fund. She invested Rs 55 L with us on the inception date of October 8, 2020. When I last checked her investment at the end of September, it had grown to approximately Rs 2.05 cr,” says Anirudh Garg, Partner & Fund Manager, INVasset LLP. In an interview with ETMarkets, Garg said: “Our fund house, INVasset, manages the INVasset Growth Fund, which operates on a unique algorithm known as the INVasset Aaid Shifter” Edited excerpts: Second straight month of consistent performance with gains of more than 9% compared to over 1% rise seen in the Nifty50. Please take us through the performance of your fund ‘Growth Pro Max Fund’ in September. As we delve into past returns, there are a couple of important disclaimers to keep in mind. Firstly, any discussion of past returns should not be construed as a guarantee of future performance.

astronauts departed for China's space station on Thursday, paving the way for a new generation of «taikonauts» to advance the country's space ambitions in the future. The spacecraft Shenzhou-17, or «Divine Vessel», and its three passengers lifted off atop a Long March-2F rocket from the Jiuquan Satellite Launch Centre in northwest China. Leading the six-month mission was former air force pilot Tang Hongbo, 48, who was on the first crewed mission to the space station in 2021. His return to the orbiting outpost Tiangong, or «Celestial Palace» in Chinese, also set a new record for the shortest interval between two spaceflight missions by taikonauts — coined from the Chinese word for space — suggesting a faster rotation of taikonauts in coming years. Tang, from China's second batch of astronauts in 2010, had to wait more than a decade before he was picked for his inaugural spaceflight in 2021. By contrast, his fellow Shenzhou-17 crew members Tang Shengjie, 33, and Jiang Xinlin, 35, both travelling to space for the first time, joined China's third batch of astronauts in September 2020. China has already kickstarted the selection process for the fourth batch of astronauts, seeking candidates with doctoral degrees in disciplines from biology, physics and chemistry to biomedical engineering and astronomy. It is also opening the process to applicants from Hong Kong and Macau for the first time. The first and second batches of astronauts were all former air force pilots, like Tang, who joined the People's Liberation Army in 1995 at age 20.

By Veronica Dudei Maia Khongwir

(Corrects number of terms in office to four in paragraph two)

WASHINGTON (Reuters) — U.S. Treasury Secretary Janet Yellen said on Wednesday that $8.5 billion in COVID-era investments in community development financial institutions and minority-owned banking firms will boost lending to Black and Latino communities by nearly $140 billion over a decade.

Global financial flows to fossil fuels are substantial: the annual bank investment was $742 billion in 2021, and the total investment was $1.2 trillion. This is more than the investments of $653 billion for climate, estimated for 2020. Much of the capital is moving to oil and gas.

NEW DELHI : Armenia is keen to expand its defence ties with India, its deputy foreign minister Mnatsakan Safaryan said, in the aftermath of its bitter conflict with Azerbaijan. “Armenia is diversifying its defence cooperation and this is a good opportunity to further enhancing Armenian-Indian ties in this field," Safaryan told Mint. The country has appointed a defence attaché to its Embassy in New Delhi in order to scope out potential for further cooperation, he added.

Narayana Murthy had established Infosys in 1981 with six other engineers with the idea that the firm is an “experiment in entrepreneurship" – a company of the professionals, for the professionals and by the professionals. Infosys was founded in Pune and is headquartered in Bangalore.

Met officers were sacked for committing gross misconduct over the stop-and-search of black athletes Bianca Williams and her partner Ricardo Dos Santos. The athletes have mentioned that they were racially profiled.

Amazon is rolling out an independent cloud for Europe as it looks to address strict regulations that companies and those in the public sector face there

Federal Reserve officials say soaring long-term bond yields are a key factor in the economic outlook and their interest-rate decisions. They also say the swelling federal deficit is one reason yields are rising. What they won’t say is that political leaders should therefore do something about the deficit.

Clean-energy stocks have fallen out of favor, with pressures created by rising interest rates outweighing supportive government policies. The iShares Global Clean Energy ETF reached its lowest level since July 2020 this week. The exchange-traded fund invests in renewable-energy companies and utilities in line with a benchmark compiled by S&P Dow Jones Indices, including First Solar and Plug Power.

NCERT panel recommends the introduction of Indian Knowledge System (IKS) in curriculum for all subjects. NCERT panel recommends introducing 'classical history' instead of 'ancient history' in textbooks.

General Motors is still churning out healthy profit—just not on the electric vehicles or potentially autonomous ones that investors care most about. GM’s third-quarter results on Tuesday came in better than expected. Net income of roughly $3.1 billion was down 7% from a very strong quarter last year, but higher than the $2.5 billion consensus that analysts had penciled in, according to FactSet.

Gopal Rai on Wednesday said the city government will re-launch the «Red Light on Gaadi Off» campaign from October 26 to curb vehicular pollution in the national capital. Last year, Lieutenant Governor V K Saxena had put the campaign on hold, questioning its effectiveness.

DAWN News, Pakistan International Airlines (PIA) is on the verge of a shutdown as cancelled 300 flights in the past 10 days due to fund issues. The Pakistani media reported that Pakistan State Oil (PSO) has cut fuel supply over unpaid dues. As a result, the PIA cancelled 322 flights, 134 on international routes since 14 October.

By Lewis Jackson

Pan-Asian private equity firm Navis Capital’s Device Technologies has hauled in $400 million from debt capital markets to refinance existing facilities and – more importantly – to bankroll its M&A ambitions.

mutual fund schemes that are mandated to invest their assets across large cap, mid cap and small cap stocks with a minimum of 65 percent of assets in equity and equity-related instruments. This is a category introduced by the capital markets regulator Sebi in November 2020. The idea behind the introduction of this category was to offer more flexibility to the mutual funds in the pursuit of recommendations made by the mutual fund advisory committee (MFAC).

Finnish investigators say they believe an anchor of a Chinese container ship was dislodged and caused the damage to the undersea Balticconnector gas pipeline between Finland and Estonia on the Baltic Sea earlier this month