Action Financial News
07.10 / 15:42
markets
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security
trends
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Ahead of Market: 10 things that will decide stock action on Tuesday
equity indices extended their losing streak to a sixth straight session on Monday, marking the longest decline since October 2023, as concerns over corporate earnings and escalating conflict in the Middle East weighed on investor sentiment. The Nifty 50 fell 0.87% to close at 24,795, while the S&P BSE Sensex dropped 0.78%, ending at 81,050.
07.10 / 07:45
Action
Justice
Pride
social
Courts
Investigations
Former Singapore Cabinet minister starts 1-year sentence for receiving illegal gifts
A former Singaporean Cabinet minister has begun a one-year prison term for receiving illegal gifts
07.10 / 05:39
Citi
Action
Fighting
wellness
President
Experts
country
Mexico’s new president promises to resume fight against climate change
In her first days as Mexico’s new president, Claudia Sheinbaum made a point of distancing herself from the fossil fuel reliance promoted by her predecessor, Andres Manuel Lopez Obrador, and vowed to resume an energy transition that he halted
07.10 / 02:29
markets
Provident
CEO
Action
wellness
President
Courts
Behind the tangle at tractor giants Tafe and Agco
Subscribe to enjoy similar stories. Growing anxiety over Tractors and Farm Equipment Ltd's (Tafe) rising ownership in Agco Corp., plus its demand for board-level changes at the US-based tractor maker, prompted the latter to snap its brand agreement with the Chennai-based company, according to Tafe's court filings, as well as a senior company executive. After discontinuing some business ties with Tafe earlier this year, Agco on 30 September terminated its agreement that allowed Tafe to sell tractors under the Massey Ferguson brand, accusing the Indian company of what it called inappropriate and unauthorized actions.
06.10 / 13:28
Platform
Action
Strategy
Election
Deloitte
Universities
social
Who is Elon Musk's mother, and why is she facing backlash in the US amid the presidential polls?
Maye Musk, the mother of Elon Musk, has come under heavy criticism after suggesting people vote with fake names in US elections. Her remarks on social media led some to notify the FBI and federal authorities, citing concerns over promoting «voter fraud.» Maye Musk posted on social media platform X, “The Democrats have given us another option. You don’t have to register to vote. On Election Day, have 10 fake names, go to 10 polling booths and vote 10 times. That’s 100 votes, and it’s not illegal. Maybe we should work the system too.” The post, which gathered over 2.5 million views, faced severe backlash. Many users pointed out that her suggestion was illegal. One user tagged the FBI offices and wrote, “This person seems to be advocating for people to commit voter fraud on a large scale. They are also misinforming by claiming it is legal to do so. Please note for post election follow up.”
06.10 / 11:49
markets
Platform
Action
exclusive
reports
Courts
Investigations
Mint Explainer: Why did Karnataka HC halt CCI's action against Amazon, Flipkart
Subscribe to enjoy similar stories. Flipkart and Amazon are at a critical juncture in India as a Karnataka High Court has temporarily halted the Competition Commission of India's (CCI) investigation into the e-commerce giants over alleged anti-competitive practices and potential violations of foreign direct investment rules.
04.10 / 17:33
markets
Digital
Extreme
Action
country
reports
Controversial Islamic preacher Zakir Naik's 'X' account withheld in India amid controversial Pakistan visit
India has moved to withhold Zakir Naik's 'X' account, restricting access to the controversial Islamic preacher's social media in the country. This action followed hours after Pakistan warmly welcomed Naik, who is wanted by Indian authorities for charges related to money laundering and promoting extremism through hate speeches. Naik's presence in Pakistan has triggered fresh diplomatic responses from India, with sharp criticism directed at Islamabad for hosting him.
04.10 / 17:07
COST
Fox
Action
Analysis
President
cover
International
Dockworkers' union reaches tentative agreement, will suspend port strike until January
'Kudlow' panelists Steve Moore and Michael Faulkender react to dockworkers striking over pay and automation.
04.10 / 14:11
markets
Digital
Action
economy
Experts
PAM
International
World's confidence in India stays high amid geopolitical tensions, says PM Modi
Kautilya Economic Conclave asserted that world's confidence in India remained high despite uncertainties. Additionally, the PM said the government will continue with structural reforms to achieve the ambitious Viksit Bharat 2047 dream. «This conclave is being organised at a time when there is a war situation in two big regions of the world. Both these regions are very important for the global economy, especially energy security. Amid this big global uncertainty, we are here discussing 'The Indian Era', it shows that today the trust in India is of different level,» said PM Modi during his address. «The global leaders and financial experts are optimistic about India’s growth. The investors believe that it’s the right time to invest in India. It’s not a coincidence, rather, it’s result of the reforms that have happened in India in the past decade,» said the PM.
04.10 / 14:11
markets
Digital
Action
Strategy
Election
social
reports
Who has moved the needle more? RFK Jr's endorsement of Trump out does Taylor Swift's endorsement for Harris
Kamala Harris right after the second US Presidential debate. Her stance of posting on Instagram regarding supporting Harris, while also taking a dig at Donald Trump for the fake AI campaign made headlines for at least a week, and also impacted polls significantly, according to reports.
04.10 / 03:55
Action
Boeing
Justice
show
Department
Courts
Investigations
Senators ask Justice Department to take tougher action against Boeing executives over safety issues
Two U.S. senators have asked the Department of Justice to take tougher action against Boeing executives for safety issues that have impacted its airplanes
04.10 / 03:37
markets
Platform
Action
WhatsApp
concert
information
Investigations
BookMyShow lodges complaint against black market sale of Coldplay concert tickets, investigation underway
BookMyShow on Friday lodged a complaint at Vile Parle Police Station in Mumbai, accusing an unknown individual of black marketing tickets for Coldplay's much-awaited January 2025 concert at DY Patil Stadium, Navi Mumbai. The case has been registered under Section 66© of the Information Technology (IT) Act and relevant sections of the Bombay (BNS) Act, with a police investigation currently underway.
03.10 / 19:53
markets
Action
Sustainability
country
Courts
International
Anxiety over next phase of Israel-Iran escalation: Potential implications on energy, fertiliser prices, shipping, even US prez polls
fertiliser prices, shipping through the Straits of Hormuz in addition to the current disruptions in the Red Sea, the peace and tranquillity in the Gulf and West Asia, and even the US presidential elections. The conflict has seen a step-bystep escalation, starting with the Hamas attack of October 7 last year. Israel, in response, has continued with its air and ground operations in Gaza. More than 40,000 have died from this action, nearly two million displaced and property and infrastructure severely damaged. The population there is suffering from food shortages and break down of health care. Intense multi-country efforts for ceasefire, led by the US, Egypt and Qatar, have floundered, buffeted by Israeli desire for a permanent end or irreplaceable degradation of Hamas military and governance structures, and countervailing Hamas’ demands for the ceasefire to be ‘permanent’. Around 100 Israelis remain hostages since October 7with no clarity on how many may still be alive. Anger against Israel and criticism of its actions in many countries has only grown.
03.10 / 18:53
markets
UPS
Action
Remark
Schools
Courts
SC slams Punjab, Haryana for not penalising farmers burning stubble
Supreme Court on Thursday hauled up the Punjab and Haryana governments for not proceeding against farmers indulging in stubble burning, a major cause for pollution and declining air standards in the Delhi-NCR region. A bench, comprising Justices Abhay S Oka and Augustine George Masih, also reprimanded the Commission for Air Quality Management (CAQM) for not launching a single prosecution against incidents of stubble burning in Delhi-NCR and adjoining areas. The top court observed that Punjab and Haryana have only exacted nominal compensation from farmers found burning stubble.
03.10 / 17:51
Target
Manufacturing
Action
security
Trade
Department
rights
US bans new types of goods from China over allegations of forced labor
The Department of Homeland Security has announced that it would ban the import of goods from a Chinese steel manufacturer and a Chinese maker of artificial sweetener
03.10 / 16:31
03.10 / 06:05
03.10 / 04:25
FIVE
Action
Racing
Justice
Pride
rights
Former Singapore minister sentenced to a year in prison for receiving illegal gifts
A former Singaporean cabinet minister has been sentenced to a year in prison after he pleaded guilty to charges of receiving illegal gifts, in a rare criminal case involving a minister in the Asian financial hub
02.10 / 23:01
SEC
Career
Action
coinbase
security
Kraken
community
Gurbir S. Grewal’s Departure Leaves a Hole at the SEC – Is This a Win for Crypto?
After a three-year stint leading the Securities and Exchange Commission’s (SEC) enforcement division, Director Gurbir S. Grewal announced his resignation on Wednesday.
02.10 / 19:19
markets
Target
Action
security
Trade
Schools
rights
US bans new types of goods from China over allegations of forced labour
forced labour from China's far-west region of Xinjiang. The action broadens the scope of the US effort to counter products from entering the country that the government says are tied to human rights abuses. The additions to the entity list under the Uyghur Forced Labour Prevention Act marks the first time a China-based steel company or aspartame sweetener business have been targeted by US law enforcement, DHS said. «Today's actions reaffirm our commitment to eliminating forced labour from US supply chains and upholding our values of human rights for all,» said Robert Silvers, undersecretary of Homeland Security for policy. «No sector is off-limits. We will continue to identify entities across industries and hold accountable those who seek to profit from exploitation and abuse.»
02.10 / 19:19
markets
SEC
Action
WhatsApp
Schools
Investigations
US securities regulator's top cop to leave agency
Wall Street and cryptocurrency firms. Gurbir Grewal has led the SEC's 1,500-person enforcement unit since July 2021, after serving as New Jersey attorney general as well as in other state and federal government roles. During his tenure, SEC enforcement has drawn ire from the likes of cryptocurrency and Wall Street firms for its crackdown on core business practices. Grewal plans to leave the regulator for private practice, according to a source briefed on the matter.
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