2024 Financial News

A New York court has set the criminal trial for former Celsius Network CEO Alex Mashinsky to begin on Sept. 17, 2024.

InvestmentNews will be ranking the industry’s leading financial advisors with its inaugural Top Advisors.

By Elena Fabrichnaya

₹10 crore, resulting in record-breaking sales. These numbers are poised to rise even further as we approach the festive season. Among the most significant beneficiaries of this anticipated surge will be the premium and luxury segments.

Bihar Caste Census on Gandhi Jayanti, also months ahead of the crucial assembly polls to be held in Rajasthan, Madhya Pradesh, Telangana, Chhattisgarh. Not to forget the 2024 Lok Sabha Elections.

Kommersant newspaper reports. The move will pave the way for the Russian leader to stay in power until at least 2030. Putin has led Russia since the turn of the century, winning four presidential elections and briefly serving as prime minister in a system where political opposition has become virtually non-existent.

fundamentally strong small-cap stocks that could thrive in 2024. Dhanuka Agritech is one of India’s leading agri-input (pesticides and chemicals) companies. The company’s portfolio spans a wide range of crop protection products such as herbicides (accounting for 39% of the total revenues in 2023), insecticides (29%), fungicides (20%), and plant growth regulators (12%).

World Bank has maintained its forecast for China's 2023 economic growth at 5.1%, in line with its previous estimate in April, but trimmed its prediction for 2024 to 4.4% from 4.8%, citing the persistent weakness of its property sector. For East Asia and the Pacific including China, the bank slightly trimmed its 2023 gross domestic product growth forecast to 5.0% from its prior 5.1% estimate, the World Bank said in its semi-annual regional update released on Sunday. For 2024, the bank lowered its regional outlook to 4.5% growth from 4.8%, dragged down by external factors including a sluggish global economy, high interest rates and trade protectionism. «Almost 3,000 new restrictions were imposed on global trade in 2022, three times as large as those in 2019,» the World Bank said. For China, the bounce back from the reopening of the economy following three years of ultra-stringent zero-COVID policies has faded, and elevated debt and weakness in its property sector are weighing on growth, the World Bank said in the report. After months of mostly dismal data, the world's second-largest economy has started to show signs of stabilisation. China's factory activity expanded for the first time in six months in September, an official survey showed on Saturday. Initial signs of improvement had emerged in August, with factory production and retail sales growth accelerating while declines of exports and imports narrowed and deflationary pressures eased.

Former FTX CEO Sam Bankman-Fried explored the possibility of offering Donald Trump a staggering $5 billion to dissuade him from running for the United States presidency in 2024, Big Short author Michael Lewis revealed. 

Also Read: Asian markets mixed as China’s factory activity expands, US govt shutdown averts; dollar gains China’s GDP growth estimates for next year have been cut to 4.4% from the 4.8% previously projected. “In 2024, improving external conditions will help growth in the rest of the region but persistent domestic difficulties in China – the fading of the bounce back from the re-opening of the economy, elevated debt, and weakness in the property sector, structural factors such as aging – will weigh on growth in China, slowing it to 4.4% in 2024," World Bank said.

PTI citing sources. The firm has undertaken an exercise to reduce the workforce by about 3,000-3,500 in October by ending duplication in roles across the organization. "Think and Learn Private Ltd (TLPL) restructuring will see the current operations spread across several business units streamlined into four core areas of K-12, test prep, online, and hybrid.

Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here! Gupta, 60, is a 1986-batch Indian Revenue Service (IRS) officer of the Income-Tax department.

WestJet said Friday it aims to wind down Sunwing Airlines and integrate the low-cost carrier into its mainline business by October of next year.

Aerosmith has postponed their 2023 tour to the following year due to a severe vocal injury sustained by Steven Tyler. Initially diagnosed as «bleeding vocal cords,» Tyler's condition has now been revealed to be more critical than initially thought. In a statement released on social media, the band disclosed that Tyler fractured his larynx, necessitating ongoing medical attention. Although he is receiving top-notch care, the nature of the fracture requires patience. Following Tyler's vocal injury, six tour dates were rescheduled to 2024, starting in January and concluding in late February. These concerts were originally planned for Detroit, Chicago, Washington, D.C., Toronto, Raleigh and Cleveland. The band's earlier expectation of returning by October 11 has been dashed. The band has indicated that new dates will be announced once more information becomes available. All previously purchased tickets will be honored at the rescheduled concerts, and refunds will be offered to those unable to attend the yet-to-be-announced new dates. Tyler also shared a personal message, expressing his heartbreak at not being able to perform with Aerosmith and the Black Crowes, but promising a swift return to the stage. Similarly, Bruce Springsteen has had to postpone all of his September shows due to struggles with peptic ulcer disease. His representatives stated that Springsteen is undergoing treatment and that the tour dates, originally set to conclude in mid-December, are being postponed out of an abundance of caution. Currently, the only concerts on Springsteen's schedule are a series of rescheduled shows in Philadelphia next August.

Morgan Stanley’s 15,000 financial advisors will have to work harder in 2024 and generate more revenue to earn the same amount of take-home pay as they did this year.

One Nation One Election provision for the upcoming 2024 Lok Sabha Elections, Law Commission officials have informed that the agency is working on a formula to synchronize all assembly polls by extending or reducing the tenure so that all state elections can be held along with the Lok Sabha polls 2029 onwards. According to a report by news agency ANI citing people familiar with the development, the law commission aims to synchronize and thereby implement the one nation one election provision for India's election process by 2029 Lok Sabha Elections.

Indian Institute of Science in Bengaluru is set to conclude the online registration process for the Graduate Aptitude Test in Engineering (GATE) 2024 on September 29, 2023. Prospective candidates who meet the eligibility criteria are encouraged to submit their applications via gate2024.iisc.ac.in before the application window closes. As per the official schedule, the last date for application submissions, with a late fee option, is October 13, 2023. To facilitate the application process, here are the essential steps to apply for GATE 2024:

walked out of the National Democratic Alliance (NDA) earlier this week, has dismissed the reports which claimed that it had sought the removal of the saffron party's state unit chief as a pre-condition to remain within the coalition. Furthermore, the Edappadi Palaniswami-led party said it would be forming a "separate front" in the run-up to the Lok Sabha elections in 2024. The remarks were made by senior AIADMK leader KP Munusamy, who spoke to reporters in Krishnagiri on September 28.

Elon Musk: Traditional automakers like General Motors and Ford could go ‘bankrupt’ if… Speaking about the roadmap of profitability for X, Yaccarino said, "Now that I have immersed myself in the business, and we have a good set of eyes on what is predictable, what's coming is that it looks like in early '24, we will be turning a profit," Prior to the announcement on Thursday, Yaccarino and Musk had earlier stated that the social media company is close to ‘breaking even’. Yaccarino also noted that 90% of the top 100 advertisers have returned to X in the last 12 weeks and the time spent by users on the platform has gone up since June.

Also Read: GOP Debate: GOP Debate: Presidential candidate Vivek Ramaswamy says 'Transgenderism' a mental health issue. 5 Top Updates To illustrate his argument, Ramaswamy mentioned encountering two young women who later had regrets about their gender-affirming surgeries.

Also Read: GOP Debate: 'Transgenderism' a mental health issue, says Vivek Ramaswamy. Top Updates Chris is serving as Donald Trump's representative in the spin room, alongside other spokespersons.