2020 Financial News

Nirmala Sitharaman reported total assets valued at Rs 2.53 crore in 2022, consisting of immovable property worth Rs 1.87 crore and movable property totaling Rs 65.55 lakh, as per her assets and liabilities declaration as a Rajya Sabha member. However, she also disclosed liabilities amounting to Rs 26.91 lakh. It's likely that these figures have undergone changes over the past couple of years due to her investments or loan repayments.

Ministry of National Defence (MND) said it detected eight Chinese military aircraft and five naval vessels operating around the nation between 6 am (local time) on Friday to 6 am (local time) on Saturday, Taiwan News reported. Following China's action, Taiwan, in response, monitored People's Liberation Army (PLA) activity and deployed appropriate forces. According to Taiwan's Ministry of National Defence, one PLA aircraft entered Taiwan's southwest air defence identification zone (ADIZ) during that time. In a post on X, Taiwan's Ministry of National Defence stated, «8 PLA aircraft and 7 PLAN vessels operating around Taiwan were detected up until 6 a.m. (UTC+8) today. 1 of the aircraft entered Taiwan's SW ADIZ. #ROCArmedForces have monitored the situation and employed appropriate forces to respond.»

bail plea of former AAP councillor Tahir Hussain in the alleged larger conspiracy behind the 2020 northeast Delhi riots. «After going through the record, the court is of the view that the allegations against the accused are prima facie true,» Additional Sessions Judge Sameer Bajpai said.

Authorities allege that a former employee of Caltrain and a former contractor for the mass transit system connecting Silicon Valley with San Francisco used public funds to build two small apartments for themselves inside two train stations

President Joe Biden's reelection campaign is raising gobs of cash. And it has an election-year strategy that, in a nutshell, aims to spend more — and spend faster. Not only has Biden aimed to show himself off as a fundraising juggernaut this month, but his campaign is also making significant early investments both on the ground and on the airwaves — hoping to create a massive organizational advantage that leaves Republican Donald Trump scrambling to catch up. But while the money pouring in has given Biden and the Democrats a major cash advantage, it's also becoming clear Biden will need it. Throughout his life in business and politics, Trump's provocations have earned him near limitless free media attention. Biden, meanwhile, has often struggled to cut through the noise with his own message despite holding the presidency.

(This story originally appeared in on Mar 30, 2024)

unique visitors (UVs) to 460 million in January 2024, marking the first decline since 2020, with OTT penetration of the digital universe reaching 87.8%. In January 2023, the number of unique OTT visitors peaked at 466 million. The number of unique OTT visitors increased significantly from 395 million in January 2020 to 448 million in the following year due to increased adoption during the Covid-19 pandemic.

clean energy. GoI is reportedly planning to offer free PNG connections and consumption subsidies to poor households to help its wider adoption, following the Ujjwala scheme, which nudged the less well-off to use LPG instead of burning biomass. That's fine.

Roku has given the green light to a feature-length film based on the popular series "The Real Bros of Simi Valley." Titled "The Real Bros of Simi Valley: High School Reunion," this spinoff promises to bring back the same humor and charm that fans have come to love, a Deadline report said.

kidney damage following a hair-straightening treatment at a salon. The identity of the woman has been kept confidential in the study. According to the study, the 26-year-old woman underwent the popular hair treatment in June 2020, April 2021, and July 2022. Despite having no prior health concerns, she began experiencing adverse symptoms after each visit to the salon, including vomiting, diarrhea, fever, and back pain. Additionally, she reported a burning sensation on her scalp during the treatment and developed ulcers on her head. Upon examination, doctors observed kidney malfunction indicated by elevated levels of creatinine in her blood and the presence of blood in her urine. Although a CT scan revealed no signs of infection or blockage in her kidneys, her symptoms persisted.

special resolution to grant stock options to eligible employees, key managerial personnel (KMP) and its whole-time directors, according to a regulatory filing by the company. The company through a notice of postal ballot dated February 14, 2024 had sought approval for three special resolutions, including consideration and approval of Ipca Laboratories Ltd Employees Stock Option Scheme 2024 for grant of stock options to eligible employees, KMPs and whole-time directors of the company. Except the resolution pertaining to approval of Ipca — Employee Stock Option Scheme — 2024, all the other resolutions placed before the shareholders as per the notice of the postal ballot dated February 14, 2024 have been passed by the requisite majority, Ipca Laboratories said in a filing on BSE.

Also Read- Expert view: Corporate earnings growth, geopolitical stability key triggers for FY25, says Niraj Kumar Fed officials signaled a dovish reaction at the March FOMC, sticking with a median projection of three rate cuts this year despite higher growth and inflation forecasts, which makes our economist team more confident of the first rate cut to come in June 2024. FED’s stance of maintaining three rate cuts for this year was cheered by the bond as well as the equity market and in our view, any delays might sour investor sentiments. In our 2024 outlook, we mentioned that we expect single-digit returns for Nifty-50 and for mid and small caps to underperform large caps.

The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said in an upgrade from its previous estimate

'Welcome to Wrexham' Season 3 will be delayed. FX announced Thursday that the third installment of Ryan Reynolds and Rob McElhenney's football drama will now be released on May 2, reports 'Collider'. 'Welcome to Wrexham' Season 3 was originally scheduled to be released on April 18, but it was pushed and FX did not give a reason. The sports documentary series narrates the struggle of Reynolds and McElhenney and depicts how they navigate their ownership of the world’s third-oldest professional soccer club in the northern Welsh city of Wrexham. In a statement issued Thursday, FX said, «In 2020, Rob and Ryan teamed up to purchase the 5th tier Red Dragons in the hopes of turning the Club into an underdog story the whole world could root for.»

Tata Trusts and Tata Sons are said to be closely monitoring the Shapoorji Pallonji (SP) Group's bid to raise ₹20,000 crore from state-run institutions to refinance debt taken against stakes in the Tata Group holding company. The Mistry family-promoted SP Group holds an 18.37% stake in Tata Sons, all of which is pledged against loans. The Tata Trusts own a controlling 66% of the holding company. The Tata Trusts and Tata Sons have been discussing the question of whether the institutions are aware that the Tata Sons Articles of Association, 57-61, regulate the transfer of shares in the event of a shareholder default, said people with knowledge of the matter. There can be no transfer of shares without board approvals, they said.

China says it will lift tariffs placed on Australian wine over three years ago, in a sign of improving ties between the two countries

Walgreens lost nearly $6 billion in its second quarter mainly due to a drop in value for the VillageMD clinic business it controls

A court has ordered the eviction of MyPillow from a suburban Minneapolis warehouse that it formerly used

B. Riley Financial Inc., the boutique investment bank facing questions about its dealings with a former business partner, gained extra time from lenders to provide its audited 2023 financial statements. 

Dharma Productions, promoted by film producer Karan Johar, reported a nearly four-fold increase in revenue to ₹1040 crore for the fiscal year ending March 2023, compared to ₹276 crore in the previous fiscal. The company’s revenue growth was driven by Ranbir Kapoor and Alia Bhatt’s Brahmastra: Part One: Shiva. The film collected ₹418 crore in worldwide gross box office collections. Apart from Brahmastra, the company also released Govinda Naam Mera and Selfiee, featuring Vicky Kaushal and Akshay Kumar, respectively, during the fiscal.

Rajnath Singh on Thursday said India and its borders are «totally secure» and the people of the country should have full faith in the armed forces. During a fireside chat on the concluding day of the Times Now Summit here, while responding to a question on the criticism of the Agniveer scheme, the minister said such questions have «no standing» and underlined that everyone will accept that the armed forces should have a young profile. During the event, the Union minister also shared anecdotes from his nearly 50-year-long political journey. Asked how he reacted to questions raised by many, including members of the opposition, on the India-China border issue, Singh said they never made him uncomfortable.