2020 Financial News

Shringla has said that agreement between India and China on patrolling arrangements along the Line of Actual Control in eastern Ladakh is likely to lead to de-escalation and provides an opening for Prime Minister Narendra Modi and Chinese President Xi Jinping to meet on the sidelines of BRICS Summit in Russia this week. Shringla, who was Foreign Secretary when actions of Chinese army led to a standoff along LAC in eastern Ladakh in May 2020, told that a fairly firm hand in the negotiations has brought about a satisfactory conclusion. «I think the agreement gives us a way to move forward, provides an opening for leaders to meet, and possibly even take this into de-escalation — the thinning out of troops on the frontline. It will be recalled that China had massed troops at the time when hostilities began, and those troops are still there. So I think after disengagement, we should look at de-escalation,» Shringla told ANI.

The Walt Disney Co. is tapping Morgan Stanley executive James Gorman to serve as its next chairman, beginning early next year

Subscribe to enjoy similar stories. The youngest son of late Playboy founder Hugh Hefner wants to buy back his father’s storied franchise. Cooper Hefner submitted an offer Monday along with a group of investors to buy the Playboy brand from Playboy Group for $100 million, according to Hefner and a deal proposal viewed by The Wall Street Journal.

Harris' White House campaign, punching a 74-year-old man in the head and calling another man a «n- supporter» as he fled. In northern Michigan, an assailant enraged by his hatred of Donald Trump used an all-terrain vehicle to run over and injure an 81-year-old man who was putting up a yard sign for the former president's reelection bid. The recent attacks were among at least 300 cases of political violence identified by Reuters since Trump's supporters stormed the U.S. Capitol on Jan. 6, 2021, including at least 51 incidents this year. With just two weeks to go before the Nov. 5 presidential election, the cases are part of the biggest and most sustained increase in U.S. political violence since the 1970s.

India and China have reached an agreement on a patrolling arrangement along their contested Himalayan border, marking a step toward easing tensions that escalated in 2020. Indian Foreign Secretary Vikram Misri shared this development on Monday, signaling progress in disengagement efforts between the two nations. “As a result of the discussions that have taken place over the last several weeks, an agreement has been arrived at on patrolling arrangements along the line of actual control in the India-China border area, and this is leading to disengagement and eventually a resolution of the issues that had arisen in these areas in 2020,” Misri said. Over last few weeks, Indian and Chinese negotiators have been in touch on it, Misri added, talking about the border row with China in eastern Ladakh.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Although it comes on a higher base, October is turning out to be the highest-ever month in terms of FII selling. Back in March 2020, when FIIs had sold Indian stocks worth $7.9 billion (Rs 58,632 crore), Nifty had the month down 23% despite domestic institutional investors (DIIs) matching the selling with buying of Rs 55,595 crore.

Subscribe to enjoy similar stories. The annual festival season that typically sees a scramble for gold may see a fall in demand this time, the first in four years, as runaway prices put the yellow metal out of reach for many Indians. Gold price nearing ₹80,000 per 10 gm has curbed new purchases and turned customers to exchanging old ornaments in the December quarter, jewellers said, a time when festivals and weddings spark gold purchases.

Donald Trump, who still refuses to accept that he lost the 2020 election to Democrat Joe Biden, says he wants a presidential victory Nov. 5 to be so overwhelming that the results are «too big to rig.» «We want a landslide,» he recently told supporters in Georgia. «We can't let anything happen.» No matter the margins, Republicans and Democrats are preparing for a potentially lengthy battle over the results once they come in. Dozens of lawsuits that could set the stage for challenges after the votes are counted are already playing out in courts across the country. Most have been filed by Republicans and their allies. Many of the cases involve challenges to mail-in balloting, ballots from overseas voters and claims of voting by people who are not U.S citizens.

Subscribe to enjoy similar stories. Even if he does oversee a soft landing for the US economy, Federal Reserve chair Jerome Powell will not deserve a place in the annals of history as the greatest central banker of all time. Not because bringing down inflation without causing a recession is as much a matter of luck as of skill—and economists will spend years debating how much of each Powell had—but because the mistakes the Fed made in 2021 will haunt the US economy for years to come.

early voting process gains momentum, Democrats have taken the lead in voter turnout. A total of 46 states, along with the District of Columbia, have begun sending out mail-in ballots or have started in-person early voting. Alabama was the first to initiate this process, dispatching absentee ballots to its voters on September 11. According to TargetSmart, a data-collection firm, over 8.4 million voters have already cast their ballots as of October 18. This includes more than 4.5 million Democrats, surpassing the 3.1 million early voters from the Republican side.

Khalistani terrorists. After the Royal Canadian Mounted Police claimed a few days ago that the Lawrence Bishnoi gang active in Canada was linked to Indian government agents, India's Ministry of External Affairs pointed out the Canadian government had ignored India's request in the past to deport members of Bishnoi gang operating from Canada. Also Read: US charges ex-Indian intelligence official in foiled Sikh separatist Gurpatwant Singh Pannun murder plot

Subscribe to enjoy similar stories. MUMBAI : Domestic institutional investors (DIIs) are major players in India's stock market. These entities, such as mutual funds, insurance companies, pension funds, and banks, manage funds on behalf of individual investors and institutions.

National Securities Depository Limited (NSDL), one of the largest securities depositories globally, announced on Friday, October 18, that it has reached a significant milestone of Rs 500 lakh crore (US $6 trillion) in assets held in custody. This achievement marks a rapid increase in NSDL’s asset base. It took 18 years to reach Rs 100 lakh crore in June 2014, six years to cross Rs 200 lakh crore in November 2020, and just four more years to hit the Rs 500 lakh crore mark in September 2024.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

investors' favour on Thursday after Bajaj Auto guided for lower two-wheeler sales growth in its second-quarter results. Shares of Bajaj Auto — India's largest two-wheeler maker — plunged 13.1% on Thursday, the largest single-day fall since March 2020. The pessimism rubbed off on its peers Hero MotoCorp and TVS Motor, which fell over 3% each. «Bajaj Auto has lowered its estimated growth for the two-wheeler motorcycle industry in the fiscal year 2025 to 5% YoY, down from the previous estimate of up to 8%,» said Shridhar Kallani, research analyst-auto at Axis Securities. «This cautious outlook has unsettled investors and also affected other major two-wheeler manufacturers.»

Prince Harry and Meghan Markle reportedly bought a vacation home in Europe. According to Page Six, Harry's relatives, Princess Eugenie and her husband, Jack Brooksbank, also own a vacation home north of Lisbon, and the Duke and Duchess of Sussex have purchased a property in Portugal. The expense might lead to the former ‘Suits’ star applying for a Golden Visa, which would allow the American actress to enter any of the 26 Schengen countries in Europe, such as Italy, Spain, and Greece, without any restrictions, as quoted in a report by Page Six.

In spite of former President Trump making progress recently with Latino and Black voters, the polling suggests White women are moving decidedly away from him in battleground states. Notably, in 2020, Trump won the White women's vote by seven points; whereas his current advantage has eroded to a mere one point.

Capitalist Pig hedge fund manager Jonathan Hoenig weighs in on market rallies, his concern for everyday Americans amid inflation, and his stock pick. 

JD Vance has repeatedly deflected questions about whether the Republican presidential nominee lost the 2020 election, saying he was focused on the future. During a rally in Pennsylvania on Wednesday, where Vance was asked by a reporter about his lack of straight answers so far, he was more declarative. «What message do you think it sends to independent voters when you do not directly answer the question Did Donald Trump lose in 2020?'» the reporter asked, eliciting boos from the crowd before Vance responded, saying he has answered the question «a million times.» «No. I think there were serious problems in 2020,» Vance said. «So, did Donald Trump lose the election? Not by the words that I would use, OK?»

Subscribe to enjoy similar stories. What do voters want from this election, four years of big changes or four rare years of stability? Which candidate, Kamala Harris or Donald Trump, is likely to fulfill what seems to be the electorate’s longing for a simultaneous mixture of disruption and normalcy? Mr. Trump entered U.S.