2020 Financial News

Former NFL coach Jon Gruden has lost a Nevada Supreme Court ruling in a contract interference and conspiracy lawsuit he filed against the league after he resigned from the Las Vegas Raiders in 2021

Biden and former President Donald Trump on Wednesday agreed to hold two campaign debates in June and September, but there were no guarantees that they would happen as their camps appeared far apart on key details like the setting and ground rules for the potential face-offs. The quick agreement on the timetable to meet followed the Democrat's announcement that he will not participate in fall presidential debates sponsored by the nonpartisan commission that has organized them for more than three decades. Biden's campaign instead proposed that media outlets directly organize the debates with the presumptive Democratic and Republican nominees, with the first to be held in late June and the second in September before early voting begins. Trump, in a post on his Truth Social site, said he was «Ready and Willing to Debate» Biden at the proposed times.

Good news for EPFO subscribers! Now, advance claims are being settled within 3 days, reducing the service delivery time by a significant margin.

claim settlement within the prescribed time limits, Employees Provident Fund Organisation (EPFO) has come up with an arrangement wherein 19 regional offices are linked to 36 collaborating regional offices. The EPFO stated in a circular dated May 8, 2024 that the periodicity in offices across the country was discussed and deliberated in the zonal review conference chaired by the CPFC (Central Provident Fund Commissioner).

Enforcement Directorate (ED) on Wednesday arrested Jharkhand Minister and Congress leader Alamgir Alam in connection with a huge cash recovery from the household help of his personal secretary and state administrative service officer Sanjeev Kumar Lal. The Congress leader on Tuesday grilled by ED officials for over nine hours in connection with a money laundering case. Alam, the state's Rural Development minister, arrived at the ED office around 11 am and came out of the office around 8.30 pm. The probe agency had last week arrested Alam's personal secretary and state administrative service officer Sanjeev Kumar Lal (52) and the latter's domestic help Jahangir Alam (42), following the seizure of more than Rs 32 crore cash from a flat linked to them.

2024 today, May 15. Students who appeared for the Goa Secondary School Certificate Examinations 2024 can now access their results on the official websites, gbshse.in or results.gbshsegoa.net. Key Points of Goa Board SSC Result 2024

₹82 lakh) for underpayment of the employee health tax for the fiscal year ending December 31, 2020. Infosys disclosed in a regulatory filing that it received the order from Canada's Finance Ministry on May 9. “Penalty imposed on alleged underpayment of Employee Health Tax for the year ended December 31, 2020," as per the filing.

Joe Biden on Tuesday implemented 100% tariffs on various Chinese products, including electric vehicles, advanced batteries, solar cells, steel, aluminum, and medical equipment. Throughout this decision, Biden criticised Donald Trump's previous approaches and argued that Chinese government subsidies give their companies an unfair advantage in global trade by allowing them to operate without the need for profitability. Also Read: China warns new US tariffs to ‘severely’ impact relations: Report However, an old tweet from 2019 by President Joe Biden, criticizing then-President Donald Trump's imposition of tariffs on $300 billion worth of Chinese imports, is resurfacing amid Biden's recent decision to implement significant tariffs on various Chinese products.

A pod of orcas rammed another yacht sailing through the Strait of Gibraltar until it began taking on water and sank.

F&O ban list: Nine stocks have been banned for trade on Wednesday, May 15, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as they crossed 95% of the market-wide position limit (MWPL), according to the NSE.

Dividend stocks: Shares of Hindustan Zinc Ltd, IRB Infrastructure Developers Ltd, Coforge Ltd, Ador Welding Ltd, Aptus Value Housing Finance India Ltd, Canara Bank, Solara Active Pharma Sciences Ltd, and Viji Finance Ltd will be in focus when the stock market opens on May 15 (Wednesday). The Board of Directors of these companies have declared interim dividend, stock split, and rights issue of equity shares for their eligible shareholders. The record date by the eight companies to ascertain the eligibility of shareholders for their respective issues has been fixed on May 15.

'Kudlow' panelists Kevin Brady, Art Laffer and Sandra Smith discuss how 'Bidenomics' is falling flat with voters.

Canadian billionaire Arthur L

An anti-abortion activist who led others on an invasion and blockade of a reproductive health clinic in the nation’s capital has been sentenced to nearly five years in prison

Energy, railways, data centres may drive Siemens’ growth Earlier, ABB India Ltd had structured the demerger of its power transmission business similarly, mirroring the shareholding of investors in the new entity before selling its stake to Hitachi. "Demerging the company and mirroring the shareholding of minority investors is a much cleaner way to do this transaction," said Shriram Subramanian, the managing director of proxy advisory firm InGovern. Siemens Ltd has earlier faced shareholder ire in India when the company proposed to sell its low-voltage motors and geared motors to group company Siemens Large Drives India Private Limited.

Family offices are facing substantial and multiple risks but frequently lack the resources to effectively manage them, a new report warns.

Blackrock stood on top, with £10.1bn and £3.9bn worth of gross and net retail sales, respectively. For the first time since the final quarter of 2020, gross retail flows into its open-ended investment funds passed the £10bn mark. Legal & General Investment Management (LGIM) came second at £6.3bn in new gross business, followed by HSBC Asset Management, which recorded £4.5bn in gross retail sales. However, when counting net sales, HSBC overtook LGIM by roughly £600m, hitting £1.7bn as opposed to the latter's £1.1bn. Royal London Asset Management, Rathbones, Hargreaves Lansdown, and Art...

₹317. This target indicates a potential upside of 41% from the stock's closing price today, which stood at ₹224.90. The company's shares rewarded their shareholders handsomely in recent years as they maintained continued upward trajectory.

Mint unpacks why events such as an election have an outsized and often volatile consequence on the equity markets. Any big event such as election outcomes, the Union Budget, or geopolitical tensions, triggers significant movement in the Vix index, but in the opposite direction. The Vix shares an inverse correlation with the market: rising when the market falls, and vice-versa.

Bharatiya Janata Party (BJP) leader was 72. Prime Minister Narendra Modi was among the first politicians to express condolences on Sushil Modi’s demise, hailing him for playing ‘an invaluable role in the rise and success of BJP in Bihar.’ Sushil Modi is often credited for the saffron party's ascendance in Bihar, becoming the state's tallest leader of the BJP after Kailashpati Mishra, the former Finance Minister of Bihar. Also Read: Sushil Kumar Modi dies: PM Modi condoles 'untimely demise'; Amit Shah says void in Bihar politics cannot be filled The BJP’s rise in Bihar began when it emerged as the principal Opposition party in 1995.

oil demand heading into the northern hemisphere summer holiday. Nervousness about the seasonal pickup in oil consumption abounds. It happened in 2023, and it’s happening again this year. But as before, traders’ concerns are misplaced: Oil demand growth is doing just fine. The anxiety is reflected in the price of Brent crude, the global oil benchmark, which has dropped to less than $85 a barrel in recent days, down from about $90 a barrel in April. With the OPEC+ oil cartel meeting on June 1 to decide whether to prolong production cuts, the status of global demand matters. The group should look beyond the current noise and see that consumption remains firm. Admittedly, there are pockets of demand weakness. The middle distillates fuel segment, which includes diesel and heating oil, have seen soft consumption so far this year. But that’s largely due to a warm winter in the northern hemisphere, which reduced heating needs, rather than underlying economic malaise.In the diesel market, the biggest problem isn’t demand, but supply: Renewable diesel and bio-diesel are taking market share more rapidly than expected, in the process magnifying the diesel glut. In February, the last month with monthly data available, biodiesel and renewable diesel accounted for about 8.5% of total US diesel consumption. In 2020, the market share of both was under 1%.