2020 Financial News

This troubling development comes despite legislative mandates designed to expedite trials, primarily due to the absence of sufficient dedicated courts to handle such cases. The alarming statistics were revealed in response to a Right to Information (RTI) application filed by city-based activist Vihar Durve on February 6, 2025, requesting details on the pendency of POCSO-related cases in the state. A reply provided by the Bombay High Court’s Public Information Officer on March 4 disclosed that the number of pending cases rose from 32,988 at the beginning of 2023 to 41,977 by January 31, 2025. This increase occurred even as laws stipulate the fast-tracking of cases involving child victims. The backlog has been growing significantly each year. In 2024 alone, 12,838 new cases were registered, while only 7,942 were resolved, contributing nearly 5,000 additional cases to the pile. The pendency rate has risen by 11.2% in 2023 and 13.3% in 2024, with 405 new cases added to the backlog in the first month of 2025 alone.

Donald Trump delivered what sounded like one of his typical meandering, grievance-laden campaign speeches on Friday, but it was where he did it — inside the U.S. Department of Justice — that mattered. The appearance marked Trump's clearest exertion yet of personal control over the country's federal law enforcement apparatus, which is normally run by appointees who keep at least an arm's length from the president to avoid the appearance that politics are governing prosecutorial decisions. Trump, instead, embraced the notion of the agency as his own personal tool of vengeance. «As the chief law enforcement officer in our country, I will insist upon and demand full and complete accountability for the wrongs and abuses that have occurred,» Trump told the audience, with Attorney General Pam Bondi (who is technically the country's chief law enforcement officer) and FBI Director Kash Patel in the audience. One of Trump's favorite campaign songs, «YMCA,» played after he wrapped up his nearly hourlong address inside the department's ceremonial Great Hall. Here's a look at what Trump said, what the reality is and the significance of his words.

This month, many investors feel dazed and confused. No wonder: as the U.S. government flirts with another shutdown and U.S. President Donald Trump intensifies his trade war, indices of economic uncertainty have skyrocketed above even the 2020 pandemic or the global financial crisis of 2008.

Elon Musk appeared on the verge of tears during a recent Fox Business interview, visibly distressed as he discussed the mounting challenges facing his companies. Speaking with Larry Kudlow, Musk admitted that managing multiple businesses had become «extremely difficult», as Tesla's stock plunged 15.4%, marking its biggest drop since September 2020. Meanwhile, X (formerly Twitter) continued to struggle with technical and operational setbacks. The global slowdown in electric vehicle (EV) demand has further intensified Tesla’s troubles.

Hedge funds are making extreme moves that are beginning to look similar to the opening phases of the COVID-19 crisis, as per a report.

MAGA movement on his podcast, This Is Gavin Newsom, bridging unlikely political divides. Their hour-long discussion avoided culture wars, focusing instead on economic populism, revealing unexpected alignments like shared skepticism of tax breaks for corporations and Elon Musk’s influence. Bannon pitched his vision of curbing corporate power, praising progressive Democrats like Rep.

Macartney joined the firm in September 2020 from Columbia Threadneedle, where he had been a fund manager for almost six years in the UK equities team. Jupiter shuts down Mark Heslop and Philip Macartney's Pan European Smaller Companies fund An Invesco spokesperson said Macartney has joined as a maternity cover, and will be supplying additional support to the global equities team but is not replacing anyone as a named manager. According to his LinkedIn, Macartney took on a deputy fund management role at Invesco earlier this month, and a spokesperson from Jupiter confirmed his depart...

According to a letter sent to clients, Jupiter has elected to close the Luxembourg domiciled fund, launched in February 2020, after its assets under management had fallen to around €16m. As a result, the company concluded that it did not expect the mandate to «attract significant future inflows in the short to medium term» and liquidating the fund was therefore «in the best interest of shareholders». Jupiter outflows surge to £10.3bn amid value desk redemptions This closure follows the pattern and rationale of Jupiter's recent fund axings, as it continues to move through its long t...

Subscribe to enjoy similar stories. India’s auto industry is booming, with annual vehicle sales surpassing 4 million, making it the world’s third-largest car market. The Nifty Auto Index has surged, delivering a 36% compound annual growth rate (CAGR) from pandemic lows, significantly outperforming the broader Nifty 50.

Subscribe to enjoy similar stories. Mumbai: Ashok Hinduja, chairman of IndusInd International Holdings Ltd (IIHL), the promoter of IndusInd Bank, expressed complete confidence in the ability of the bank’s managing director (MD) and chief executive officer Sumant Kathpalia to steer the bank through its challenges. Hinduja’s backing came on a day when IndusInd Bank’s stock dropped 27.17% to its 52-week low.

Billionaire investor Ron Baron is standing by Elon Musk's Tesla even in the face of its dramatic sell-off. The stock plunged 15% on Monday, its biggest one-day loss since September 2020.

The trial for homicide will be conducted at a three-judge court in San Isidro, near the Argentine capital Buenos Aires from March 11, 2025, and is likely to continue for several months. Even though Maradona had been suffering from a host of health related issues for many years, the prosecution team has alleged that his death was the result of medical negligence on the part of the team of doctors and nurses treating him. An iconic player who mesmerised the football world with his exceptional talent, Maradona died aged 60 on November 25, 2020, following a cardiac arrest linked to acute pulmonary edema while undergoing treatment in a private residence in Tigre, Buenos Aires. Just a few days ago Maradona had undergone an operation for the removal of a blood clot in his brain.

Donald Trump has declared his support for Tesla CEO Elon Musk by announcing his intention to buy a “brand new” Tesla. The move comes as Musk faces mounting political criticism and financial setbacks. In a late-night post on Truth Social, Trump wrote, “I’m going to buy a brand new Tesla tomorrow morning as a show of confidence and support for Elon Musk, a truly great American. Why should he be punished for putting his tremendous skills to work in order to help MAKE AMERICA GREAT AGAIN???” Musk, who has financially backed Trump’s political ambitions and now plays a senior role in the administration, responded with a brief but telling, “Thank you, President.”

Subscribe to enjoy similar stories. The founder of Chinese artificial-intelligence star DeepSeek has rejected proposals to make quick money from his programs, telling prospective investors that he wants to keep the science-project ethos that brought him global renown. Overwhelmed by millions of users, DeepSeek’s chatbot has frequent service hiccups, and authorities around the world are restricting its use over data-security concerns.

Subscribe to enjoy similar stories. IndusInd Bank Ltd’s shares dropped to their lowest in nearly three years after the Reserve Bank of India cut the lender’s proposed three-year extension for managing director and chief executive officer Sumant Kathpalia to one year. This isn’t the first time RBI has disagreed with banks on the tenure of their top chief.

Subscribe to enjoy similar stories. President Trump says he’s written to Iran’s Ayatollah Ali Khamenei, whose regime insists sanctions relief precede any nuclear talks. But Iran is in no position to dictate preconditions.

Subscribe to enjoy similar stories. A bag of chips here, a jam roll there or a small bar of dark chocolate because you craved something sweet— isn’t that what break-time or at-desk snacks invariably consists of for most of us these days? According to a WHO-led 2023 study, retail sales of ultra-processed foods in India had declined from 12.65 per cent in 2019 to 5.5 per cent in 2020. However, in 2021, it increased by 11.79 per cent.

IRCC) had announced that they would be sending no new invitations under the Parents and Grandparents Program (PGP) this year, and would instead only be processing applications submitted in the 2024 intake. This year Canada intends to accept up to 10,000 complete applications for sponsorship under the PGP Program. «Given there remains a number of interest to sponsor forms in the pool from 2020, IRCC plans to send invitations to apply to randomly selected potential sponsors from that pool instead of accepting new forms. This is the same approach taken for the intakes conducted from 2020 to 2024,» said IRCC in a statement. ALSO READ: Canada pauses permanent residency sponsorship applications for parents, grandparents

Rouse Avenue Court on Friday dismissed Delhi Law Minister Kapil Mishra's revision plea, in which he had challenged the trial court's cognizance and summoning order in a case related to an alleged violation of the Model Code of Conduct (MCC). The trial court had taken cognizance of the charge sheet in 2020, which pertained to a statement allegedly made by Kapil Mishra in January 2020, when the MCC was in force during the Delhi Assembly elections. «The word 'Pakistan' is very skillfully weaved by the revisionist in his alleged statements to spew hatred, careless to communal polarisation that may ensue in the election campaign, only to garner votes,» the court said while dismissing the plea.

Subscribe to enjoy similar stories. President Trump on Thursday suspended for one month the 25% tariffs he placed on Mexican and Canadian products earlier this week. But there’s a catch: The deal only applies to goods that had been traded duty-free under a 2020 North American trade agreement.

Of the 57 companies which do not have a woman director, 26 are public sector undertakings (PSUs). 2,687 women hold 3,479 (21%) of the directorship positions, up from 17% as on March 31, 2020 and just 5% as on March 31, 2014 when the requirement to appoint one woman director on board had just been announced.