2020 Financial News

Justice Rohit Arya, a former judge of the Madhya Pradesh High Court, joined the Bharatiya Janata Party (BJP) on Saturday, nearly three months after his retirement. He was welcomed into the party by BJP's state unit chief, Dr. Raghavendra Sharma, during a program in Bhopal, as reported by Bar & Bench citing local media.

Aatmanirbhar Bharat initiative, aimed at boosting domestic manufacturing and reducing dependence on imports. Launched in 2020, the PLI scheme seeks to incentivize companies to set up and expand their manufacturing capabilities within India, thereby fostering self-reliance and bolstering the country’s economic resilience. At its core, the PLI scheme provides financial incentives to manufacturers based on their incremental sales from products manufactured in domestic units. These incentives are designed to make Indian products more competitive on a global scale, encourage large-scale manufacturing, and attract investments in critical sectors. The scheme is targeted at sectors where India has the potential to emerge as a global leader, thereby creating significant employment opportunities and boosting exports. To date, the government has rolled out PLI schemes across 14 key sectors, including electronics, pharmaceuticals, textiles, and white goods. The success of these initial schemes has prompted the government to consider expanding the program to other strategic sectors.

government has named senior telecom department official Robert Jerard Ravi as chairman and managing director (CMD) of Bharat Sanchar Nigam (BSNL), along with Mahanagar Telephone Nigam (MTNL) and Bharat Broadband Network (BBNL) for a period of six months. According to an order issued by the Appointments Committee of the Cabinet, the government has decided to not extend the tenure of Pravin Kumar Purwar, current CMD of BSNL beyond July 14. «Entrustment of additional charge of the post of CMD, BSNL along with CMD, MTNL and CMD, BBNL to Ravi A Robert Jerard, DDG (SRl), DoT for a period of six months w.e.f. July 15, 2024, till January 14, 2025, or until further orders, whichever is earlier,» the order said.

2024 US Presidential Election allowing Vice President Kamala Harris to replace him as the Democrat nominee? If media reports are to be believed, first lady Jill Biden does not want her husband to let this opportunity go to his deputy for a personal grudge. According to 'Radar Online', Jill Biden disliked Kamala Harris when she slammed Joe Biden in the 2020 Democratic primary debates, during which the former California senator criticized Biden for his stance on mandatory busing for school desegregation. This provoked Jill so much that she reportedly expressed her disdain in the most unequivocal terms. 'Radar Online' reports that Jill Biden allegedly used an abusive word for Harris during a conference call with supporters, venting her frustration over her.

A pair of government regulators slapped Citigroup with a $135.6 million fine on Wednesday, saying the bank has made insufficient progress in resolving longstanding internal control and risk issues

Hum Saath Saath Hain. “Growing up, I never had any ambition to pursue entrepreneurship. One didn’t even know what such a life entailed.

The presidential residence of Gabriel Boric, the leftist millennial leader of Chile, shares a street in Santiago, the capital, with a homeless shelter that’s now at full capacity

Ministry of Home Affairs (MHA) has amended the Jammu and Kashmir Reorganization Act, 2019 enhancing some powers of the Lieutenant Governor of the erstwhile state. President Droupadi Murmu has given her approval to the amendments in the rule exercising the powers conferred by section 55 of the Jammu and Kashmir Reorganisation Act, 2019, (34 of 2019) read with the Proclamation dated 31st October 2019 issued under section 73 of the Act, a notification issued by the MHA mentions. The President made the rules further to amend the Transaction of Business of the Government of Union Territory of Jammu and Kashmir Rules, 2019.

Wall Street Horizon VP of Research Christine Short analyzes the impact of inflation on U.S. consumers on 'Making Money.'

Set in politically crucial badlands of Northern part of India, 'Mirzapur' delves into family feud, regional politics, mafia and control for the coveted throne to rule the area. Also Read:2024 US Presidential Election: Kamala Harris's team fears racial insensitivity if Joe Biden steps down. Will Black voters be angry?

The voter turnout was 52.75 per cent in the July 10 bypoll. The by-election was necessitated by the resignation of sitting MLA Bima Bharti, who had won the seat for JD(U) several times but quit the party recently to contest the Lok Sabha election on an RJD ticket.

market capitalisation of state-owned Mazagon Dock Shipbuilders crossed ₹1 lakh crore Thursday after the stock surged to a lifetime high of ₹5,623.50 on the BSE. Shares of two other shipbuilding companies Cochin Shipyard and Garden Reach Shipbuilders & Engineers also rallied 10% and 8.65%, respectively. Analysts attributed the rally to inflows from new defence-specific mutual funds and expectations of increased focus on the sector during the forthcoming budget.

Now here’s a shocker. The highly credentialed and highly compensated nonprofit executive who tells businesses to stop focusing on the needs of shareholders doesn’t seem to be a very nice boss. In fact he may treat his employees even worse than he wants businesses to treat their owners and customers.

Keir Starmer led Britain's Labour Party to a landslide victory in the 2024 parliamentary election, taking over from the Conservatives after 14 years in opposition. Below are details on new Prime Minister Starmer and his freshly appointed team of senior ministers: KEIR STARMER, PRIME MINISTER

property sector in crisis and deflation fears. Here AFP looks at the main challenges facing the world's second-largest economy:

₹59,931 crore worth of new projects across the country during the quarter, the lowest in over a decade and down 92% year-on-year, showed the latest data from the project-tracking database of the Centre for Monitoring Indian Economy (CMIE). The data is provisional and can be updated later. Private companies continued to lead new investments in the June quarter, but they, too, fell below ₹1 trillion for the first time since the June quarter of 2020, which saw a hit due to the covid-led nationwide lockdown.

«It is under review, and there could be some relief for banks, which have demanded incentives to shore up deposits,» said a government official. A final call on the proposal will be taken closer to the budget announcement.

Turkey has emerged as a leading exporter of television dramas, bolstering the nation’s international image and drawing millions of viewers and tourists to its historical and cultural sites which are backdrops to many of the shows

Hardik Pandya, Natasa Stankovic has taken to social media to share a poignant message on the importance of empathy in society. The actress and model, known for her roles in Bollywood and appearances on reality TV, posted a reflective video on Instagram addressing the tendency to judge others prematurely.

England reached the finals of the 2024 Euro Cup, there were celebrations in London but the biggest takeaway was the fact that the team's boss Gareth Southgate will finally receive a knighthood after the magnificent display of footballing performance by The Three Lions.

Blessed Carlo Acutis has become the first Millenial to be canonized as a saint, reports 'USA Today'. He died of Cancer at the age of 15. According to the Catholic News Agency, the College of Cardinals voted for his canonization and he will become a saint in 2025. Declaring his canonization, Bishop of Assisi, Domenico Sorrentino said that Carlo Acutis was an ordinary boy, who lived his childhood and youth between family, school, and the games children play.