2020 Financial News

Alliance Resource Partners (ARLP), a prominent coal mining company listed on the NASDAQ, has mined $30 million worth of Bitcoin by utilizing excess power at its facilities. 

hybrid funds which are sub categorised further into balanced advantage funds and multi asset funds. The dynamic asset allocation pattern of these funds has immensely attracted investors due to the design which ensures better risk mitigation. The pandemic induced market fall in the early part of 2020 did set a strong foundation for these two categories when investors were concerned about the correction in the markets and clueless about the direction the markets would take from there.

Also Read: Best FD rate? This bank is offering 9.25% on fixed deposits for senior citizens ICICI Bank has recently revised the service charges for various services, including cheque book issuance, IMPS, ECS/NACH Debit Returns, stop payment charges, and more. These updates are scheduled to come into effect from May 1, 2024, as announced on the ICICI Bank website. Stay informed to avoid any surprises!Also Read: ICICI Bank account holders alert! These 10 service charges to change from next month.

Vodafone Idea shares. Seven other stocks need up to 10% rise to enter the MSCI index, Nuvama Equities said in a report. These stocks are Oberoi Realty, Zydus Lifesciences, Prestige Estates, Thermax, Nykaa parent FSN E-Commerce Ventures, Alkem Laboratories and Steel Authority of India (SAIL).

The North Korean Lazarus Group allegedly laundered $200 million worth of crypto into fiat currency between August 2020 and October 2023, according to an April 29 investigative report by crypto sleuth ZachXBT.

Sue Bird says becoming a part-owner of the only WNBA franchise she ever played for felt like an inevitability

capital flows have been firm, foreign lenders have requested the banking regulator for flexibility in compliance with the central bank's Large Exposures Framework (LEF), particularly in handling certain types of accounts that facilitate global transactions. Banks have requested the Reserve Bank of India (RBI) to consider excluding Nostro accounts from the exposures that are permitted under the LEF as sporadic instances of foreign flows that are meant for payouts over the next couple of days have resulted in breaches of the central bank's exposure norms, sources aware of the developments told ET. A Nostro account is one that a bank holds with an overseas lender which is denominated in the currency of that country. Such accounts help banks in enabling fund flows for international trade.

COVID-19 vaccine at the height of the pandemic in the country in 2020, has been dismissed from Parliament for alleged corruption. Yang Xiaoming, the chairman of China National Pharmaceutical Group's vaccine subsidiary China National Biotec Group (CNBG), has been stripped of his membership in the National People's Congress (NPC) due to serious discipline and law violations, official media reported here on Monday. The charge of serious discipline and law violations is a common euphemism for corruption under the ruling Communist Party of China (CPC) disciplinary practice.

has detected fraud at one of its branches in the northeast. The fraud involved retail vehicle loans and included forgery of know-your-customer (KYC) documents, leading to the embezzlement of huge funds. According to the lender, the financial impact of the fraud was estimated at up to ₹150 crore.

movie mogul has been admitted to a Manhattan hospital for various tests upon his return to New York City, as per an AP report. This came after an appeals court decision overturned his 2020 rape conviction. Attorney Arthur Aidala said that Weinstein was taken to Bellevue Hospital in Manhattan on April 26, adding, “They examined him and sent him to Bellevue.

Also read: Bihar CM Nitish Kumar predicts ‘more than 4,000 seats’ for NDA The reason behind such loyalty to Nitish is that after becoming CM for the second time in 2005, he took several revolutionary initiatives. His government gave away bicycles to girls in every town and village. This brought girls out of homes to pursue education, and ushered in a shift in society’s lowest classes.

While a bill to ban TikTok if it doesn't change owners has received President Joe Biden's signature, it could still be years before the popular video-sharing app is actually blocked from U.S. app stores — if it is blocked at all

Home products retailer Williams-Sonoma will have to pay almost $3.2 million penalty for violating a Federal Trade Commission “Made in USA” order

₹1,456 crore, the company's latest filings sourced from Tofler showed. To sustain growth, VerSe has also been innovating. It introduced Xpresso, an artificial intelligence-driven newsfeed in local languages, tailored for younger audiences.

New York court in 2020 of the rape and sexual assault of ex-actress Jessica Mann in 2013, and of forcibly performing oral sex on former production assistant Mimi Haleyi in 2006. He was later sentenced to 23 years in prison.

Also read: Why should women understand and manage personal finance? In 2000, when India was the 13th largest economy, the Sensex reached its all-time high of 5,934 points. Ten years later, when India became the 10th largest economy, the Sensex had notched 21,005. In 2020, when we were the sixth largest, the all-time high was 47,751.

Akali Dal is all set to contest the Gurdaspur Lok Sabha seat on party symbol 'takdi' or scales for the first time since 1996 as it braces for a showdown with its former ally which has used star power to clinch the seat on numerous occasions. The Shiromani Akali Dal had joined hands with the Bharatiya Janata Party in 1996. As part of the seat-sharing arrangement for the 13 Lok Sabha constituencies of Punjab, the BJP used to contest from Amritsar, Gurdaspur and Hoshiarpur. The SAD walked out of the BJP-led National Democratic Alliance in 2020 over the now-repealed farm laws. The SAD walked out of the BJP-led National Democratic Alliance in 2020 over the now-repealed farm laws.

infrastructure projects, each entailing an investment of Rs 150 crore or above, were hit by cost overrun of more than Rs 5.55 lakh crore during December quarter 2023, an official report stated. The Quarterly Project Implementation Status Report (QPISR) on Central Sector Projects (costing Rs 150 crore and above) for the third quarter of 2023-24, contains detailed information on 1,897 projects. The QPISR is prepared by Ministry of Statistics and Programme Implementation. Out of 1,897 projects, 448 projects were having cost overrun of Rs 5,55,352.41 crore, which is 65.2 per cent of their sanctioned cost.

U.S. intelligence agencies have determined that Russian President Vladimir Putin probably didn't order opposition politician Alexei Navalny killed at an Arctic prison camp in February, the Wall Street Journal reported on Saturday. Navalny, 47 when he died, was Putin's fiercest domestic critic. His allies, branded extremists by the authorities, accused Putin of having him murdered and have said they will provide proof to back their allegation.

NEW YORK — The retrial in New York of Harvey Weinstein — whose moviemaking prowess once wowed Hollywood — won't be coming to a courtroom anytime soon, if ever, legal experts said on a day when one of two women considered crucial to the case said she wasn't sure she would testify again. A ruling Thursday by the New York Court of Appeals voided the 2020 conviction of the onetime movie powerbroker who prosecutors say forced young actors to submit to his prurient desires by dangling his ability to make or break the their careers. He remains jailed in New York state after he was also convicted in a similar case in California. The appeals court in a 4-3 decision vacated a 23-year jail sentence and ordered a retrial of Weinstein, saying the trial judge erred by letting three women testify about allegations that were not part of the charges and by permitting questions about Weinstein's history of «bad behavior» if he testified. He did not. He was convicted of forcibly performing oral sex on a TV and film production assistant and of third-degree rape for an attack on an aspiring actor in 2013.

Yes Bank Results Live Updates: Shares of YES Bank Ltd were trading green in the trading session on April 26, in anticipation of its upcoming earnings release. The private sector bank is set to announce its results for the quarter and the financial year that concluded on March 31, 2024, on Saturday, April 27.A special CBI court in Mumbai that granted bail to Yes Bank founder Rana Kapoor in a fraud case has observed that any further incarceration without trial would amount to a "pre-trial conviction" of the banker on April 20.