2020 Financial News

Donald Trump came to the National Association of Black Journalists (NABJ) convention a month ago. Likewise, Harris has also engaged in similar efforts in the expectation of votes and support from the Black voters. In the Morning Consult poll that took place in August and August 18, 2024, registered voters comprising 11,501 individuals were involved. These findings confirmed that Black voters have supported Trump much more than during his 2020 campaign. In the 2024 poll, 21% of Black voters support Trump, and this figure rises by 12 points from the Morning Consult poll as of 2020. The poll conducted has an error margin of one percentage point, with a plus-or-minus. Also Read: For the first time King Charles says he lost his sense of taste amid his cancer treatment

₹3,01,684 crore into the Indian stock markets till 21 August, up nearly threefold from ₹1,08,887 crore a year earlier. At the same time, foreign institutional investors (FIIs) cut their investments to ₹15,940 crore from ₹1,40,105 crore a year earlier.

Employment and Consumer Welfare’ released on Wednesday. The report’s findings are principally based on a panIndia survey of 2,062 online vendors, 2,031 brick-and-mortar vendors, and 8,209 consumers of products from ecommerce websites. It was conducted across 35 cities in 20 states and UTs. The survey itself was guided by a robust methodology and conducted by PRICE (People Research on India’s Consumer Economy). Given the veracity of the survey findings, it would be most useful for policymakers to take cognisance of these empirical findings. One of the most striking takeaway is that the apocalypse narrative of large-scale destruction of kirana stores is rejected by brick-and-mortar vendors themselves. The survey asked vendors if they were aware of any physical stores that had shut down in their vicinity since 2020, and what they thought the contributing reasons were. Less than 20% reported a physical store closure in their neighbourhood since 2020 when the pandemic drove an ecommerce boom. Only 6% of offline vendors attributed these store closures to consumers shifting to online shopping. A slightly higher proportion — 8% — attributed physical store closures to the growth of large organised retail.

Montreal billionaire André Desmarais has joined one of the consortiums angling to build and jointly operate the federal government’s new high-frequency electric railway.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Delhi High Court on Thursday ordered Jagdish Singh to post an apology on X for labeling Alt News co-founder Mohammed Zubair as a «jihadi» in a post from four years ago, reported TOI. Justice Anup Jairam Bhambhani's single-judge bench directed Singh to issue the apology within a week and keep it on X for at least two months. The directive followed a 2020 petition by Zubair seeking to dismiss a Delhi Police FIR after Singh accused him of cyber sexual harassment related to a retweet of Singh’s granddaughter's blurred photo. Delhi Police had cleared Zubair of wrongdoing in the case, according to the TOI repot. The court stated that Zubair would not pursue further action against Singh once the apology was posted, and Singh must include the specific text: «I regret making the above comment which was not made with any malice or intention to hurt or offend Mohammed Zubair,» referring to Singh's original tweet claiming «Once a jihadi is always jihadi.»

Anil Ambani, the former chairman of Reliance Home Finance (RHFL), and 24 other entities from the securities market for five years. This decision follows allegations of fund diversion from RHFL, where Ambani and key officials were found to have orchestrated a fraudulent scheme. Sebi also imposed a fine of Rs 25 crore on Ambani, alongside penalties on other individuals and entities involved.

The Walt Disney Co. has tapped James Gorman to lead its succession planning committee as the entertainment company continues to work toward finding someone to take over the helm from Bob Iger

The U.S. Postal Service hopes to save $3 billion a year through a series of changes reflecting greater reliance on streamlined regional networks

Entertainment giant Paramount Global is extending by 15 days a period where it’s allowed to assess alternative offers to its merger agreement with Skydance so that it can review a proposal from Edgar Bronfman, Jr. Paramount said late Wednesday that the...

Chetan Singh Solanki has stressed the urgent need for energy conservation and a global shift to renewable energy to tackle climate change. Highlighting the lack of climate awareness among the youth, Solanki advocated for the «Avoid, Minimize, Generate» strategy as key to mitigating the crisis. The IIT professor was speaking at a lecture session hosted by Pandit Ravishankar Shukla University on 'Environment-Friendly Energy Product Startups.' The lecture provided a comprehensive '6-Point Understanding' of climate change, focusing on the challenges and necessary corrective actions. Speaking to TOI on the sidelines of the session, Prof. Solanki said many young people are increasingly unaware of climate change, with some not even discussing the issue. He attributed this to the lack of emphasis or discussion from influential figures in their lives, such as parents, teachers, professors, influencers, and spiritual leaders. Even when climate change is addressed, it is often only at a superficial level, leaving young people with a shallow understanding of the issue.

A key crossing in Syria between an area held by the government and one held by the opposition has been closed again after violence followed its brief reopening this week

Indian Medical Association (IMA) on Wednesday wrote a letter to Union Health and Family Welfare Minister J P Nadda requesting an Act for the protection of healthcare professionals. «We demand that the draft bill 2019 incorporating the amendment clauses of the Epidemic Diseases Amendment Act, 2020 and the Code Grey Protocol of Kerala Government 'Prevention Management of Violence against Healthcare workers' be proclaimed as an ordinance to instill confidence into the minds of the Doctors of India,» read the letter by IMA.

₹21,381 crore, with investment income at ₹11,908 crore, and revenue surplus after tax at ₹24,559 crore. As an insurance company, it has an actuarial valuation for liability as of 31 March 2023 at ₹12,174 crore, but surplus collection to date beyond actuarial liability totalled ₹1,57,427 crore. The total funds available with the Deposit Insurance Fund are ₹1,69,602 crore, or 2.02% of the total insured amount.

The U.S. Department of Justice has launched an investigation into a privately operated Tennessee prison where officials say violence and sexual abuse have gone unaddressed for years

A Texas-based investment adviser has been fined $95,000 by the SEC after an investigation by the agency found the firm in violation of the “pay to play” rule under the Advisers Act.

Supreme Court on Tuesday gave a go ahead to the liquidator to conduct auction of the assets of Samrudhhi Realty to recover debt of around Rs 5,000 crore. However, a bench led by Justice Abhay S Oka said that if an auction of any of the assets of Essel Finance Advisors and Managers LLP is conducted, it will be subject to the final outcome of the appeal. Essel Finance had challenged the NCLAT's order that «erroneously» dismissed its appeal and upheld the NCLT's May 2024 order directing it to defray their portion of the liquidation process costs.

NPAs) from both corporate as well as private sector and increased competition from the government backed National Asset Reconstruction Co Ltd (NARCL) will lead to fall in assets reconstruction companies' (ARCs) AUM this fiscal, a report by Crisil Ratings said. Assets under management (AUM) of ARCs, as measured by security receipts (SRs) outstanding, is expected to fall by 7% to 10% this fiscal as acquisitions will trend lower, while redemptions, which have strengthened in recent years, are likely to remain healthy. SRs are issued by ARCs while buying NPAs from banks and NBFCs. These are redeemed when the ARC manages to recover from the defaulter. CRISIL estimates private ARC AUM at Rs 1.2-1.25 lakh crore by the end of fiscal 2025, down from Rs 1.35 lakh crore the previous fiscal. ARC AUM has risen consistently from Rs 1.08 lakh crore in fiscal 2020 to Rs 1.35 lakh crore in March 2024, Crisil data shows.

Pro-Palestinian organizers have vowed to flood the streets of Chicago with thousands of protesters during the Democratic National Convention, which [began Monday]. If successful, they will make headlines, but they also will almost certainly alienate allies as they attempt to box in Vice President Kamala Harris on Gaza. Harris has already taken a firmer stand than President Joe Biden in demanding Israel focus its attacks on Hamas rather than the Palestinian people.

Ankur Capital, which backs startups in agritech, climate and deeptech, has raised fresh capital commitments from existing backers British International Investment (BII) and MacArthur Foundation for its third fund. The latest fund, for which the target is Rs 1,200 crore ($150 million), has already raised capital from US International Development Finance Corporation and Self-Reliant India Fund, a central government initiative under the Ministry of Micro, Small and Medium Enterprises. “BII and MacArthur Foundation are returning investors in this fund as they were limited partners in our second fund…We continue to be a pre-series A investor and continue to look at companies at that stage,” Ritu Verma, managing partner, Ankur Capital, told ET.

Bridgerton' season 4 is all set to be released on Netflix. Fans of the show are now curious about 'Bridgerton' season 4 release date. The third season has been welcomed by Netflix subscribers. Filming for 'Bridgerton' season 4 will start in mid-September this year, late April next year. 'Bridgerton' season 4 is likely adopt a storyline from Julia Quinn's «To Sir Phillip, With Love». Also Read: Danielle Fishel of 'Boy Meets World' reveals diagnosed with breast cancer, shares key updates