Department Financial News

12.04 / 05:05
UPS Cooper security President country Department Relationships Foreign Secretary Vinay Kwatra holds meetings with US officials, industry leaders
Kwatra is here this week for a series of meetings with senior officials from the US Government and interaction with industry leaders to advance bilateral cooperation in areas like defence and technology. Kwatra held separate meetings with Richard Verma, Deputy Secretary of State for Management and Resources and Kurt Campbell, Deputy Secretary of State at the Foggy Bottom headquarters of the State Department. «Productive catch up with Indian Foreign Secretary Kwatra on advancing ongoing US-India cooperation and the need for our countries' close partnership for regional security and prosperity,» Verma said in a post of X. Earlier in the day, Kwatra was hosted by the US India Business Council over a breakfast meeting with its Board Chair and NASDAQ Executive Vice Chairman Ed Knight.
12.04 / 02:11
WhatsApp Department Schools Courts Investigations FIR filed against Delhi Chief Secretary Naresh Kumar after U'khand NGO Pleasant Valley goes to court over 'scam'
Delhi Chief Secretary Naresh Kumar and his subordinate YVVJ Rajasekhar following the orders of a court in Uttarakhand's Almora town. On March 2, the court admitted a complaint by an NGO, Pleasant Valley Foundation, against the officials and asked the revenue police to register a case against them and investigate the charges. Pleasant Valley Foundation alleged that the officials sent four people to a school run by the NGO in Dadakada village on February 14. The four men vandalised the office chamber of the NGO's joint secretary and took away files, records, documents and pen drives which contained evidence of their involvement in scams. They allegedly threatened to frame the NGO's officials if complaints of corruption filed by it against them with the Vigilance department and other forums were not immediately withdrawn, the complainant said.
11.04 / 21:29
SEC CEO Action security reports Department Investigations Morgan Stanley’s wealth unit caught in AML crossfire
Morgan Stanley’s wealth unit is under the regulatory microscope, with multiple federal agencies scrutinizing its procedures for evaluating the risk of money laundering among clients within its extensive wealth management arm.
11.04 / 20:23
Provident Action security Align Enterprise President Department Environmentalists protest as Biden administration approves huge oil export terminal off Texas coast
The Biden administration has approved construction of a deepwater oil export terminal off the Texas coast that would be the largest of its kind in the United States
11.04 / 19:05
Provident Waves Waters SUN Southern Department Centre will send heatwave advisory to states for ensuring workers' welfare
heatwave days expected this summer, a senior government official told ET. The advisory follows a home ministry directive after a meeting early this week with stakeholder ministries to discuss the India Meteorological Department's alert on heat waves. IMD has said many parts of southern peninsula, adjoining northwest central India, some parts of east India and plains of northwest India may witness above normal heat wave days in April. «Some of the measures that can be considered include rescheduling of work hours,» the official said, adding that early or late work hours, and long rest hours during the day when the sun is at its peak could be on the cards.
11.04 / 18:09
Citi Action security Apple Freedom reports Department Hong Kong denies entry to Reporters Without Borders staffer in latest blow to media freedoms
Reporters Without Borders says one of its representatives was denied entry into Hong Kong, calling it a “new decline” in the city’s press freedoms
11.04 / 18:09
markets UPS economy pandemic 2020 reports Department jobless claims Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates
Fewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve’s efforts to cool it
11.04 / 18:09
UPS Progressive Food wellness reports Department US producer prices rose 2.1% from last year, most since April, but less than forecasters expected
U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, offering more evidence that progress against inflation may have stalled this year and raising doubts about whether and when the Federal Reserve will start cutt...
11.04 / 17:05
security WhatsApp performer Department bowling Jasprit Bumrah joins elite group with second five-wicket haul in IPL
Jasprit Bumrah delivered a stellar performance against Royal Challengers Bangalore at Wankhede Stadium, Mumbai, clinching impressive figures of 5/21 on Thursday. Bumrah's exceptional display saw him on the verge of a hat-trick, boosting him to the top of the purple-cap leaderboard, tied with Yuzvendra Chahal at 10 wickets each. His five-wicket haul created history in the IPL, marking him as the first bowler to achieve this milestone against RCB. Bumrah also set a new record of 29 wickets against RCB, surpassing Ravindra Jadeja and Sandeep Sharma's previous records of 26 wickets. He now joined a select group of bowlers, including James Faulkner, Jaydev Unadkat, and Bhuvneshwar Kumar, to have secured two five-wicket hauls in IPL history. Opted to bowl first, MI started the match on a good note as Gerald Coetzee started off his spell impressively on a pitch that favours the pacers. Despite the last-ball six, both Faf du Plessis and Virat Kohli have opted to see through the majority of Coetzee's first over.
11.04 / 17:01
Waves Aware ICE Election country Department medicines PM Modi chairs meet to review preparedness for heat wave conditions
Modi Thursday reviewed the preparedness for heat wave conditions and called for all arms of governments at central, state and district levels to work in synergy. An official statement said Modi chaired a meeting where he was briefed about the likelihood of above-normal maximum temperatures over most parts of the country during April-June, with high probability of such condition in central western peninsular India. Preparedness in the health sector was reviewed in terms of availability of essential medicines, intravenous fluids, ice packs, ORS and drinking water, the statement said. The timely dissemination of essential information, education and communication (IEC) awareness material, especially in regional languages, through all platforms such as television, radio and social media was stressed upon at the meeting, it said.
11.04 / 14:13
markets Reuters Progressive show reports Department Schools jobless claims US weekly jobless claims fall more than expected
Initial claims for state unemployment benefits dropped 11,000 to a seasonally adjusted 211,000 for the week ended April 6, the Labor Department said on Thursday. Economists polled by Reuters had forecast 215,000 claims in the latest week.
11.04 / 13:41
Reuters Platform Strategy Inside reports Department International Goldman Sachs names insider Carey Halio its global treasurer
Goldman Sachs' Chief Strategy Officer Carey Halio will replace Philip Berlinski as its global treasurer, the bank announced in an internal memo seen by Reuters on Thursday. Halio had joined the Wall Street giant as a summer associate in 1999 in the credit risk division. She rejoined the company in the same team in 2000 and became the deputy treasurer of the bank and the chief of Goldman Sachs Bank USA while earning the coveted partner rank in 2016.
11.04 / 13:13
COST UPS economy Food Department Wholesale inflation jumps to highest level since April 2023
Former White House chief economist Joe LaVorgna and JP Morgan's Kelsey Berro discuss whether strong consumer spending is a concern for the Fed on 'Making Money.'
11.04 / 11:11
Provident Manufacturing CEO Election track consequences Department Andhra Pradesh CEO orders strict monitoring of liquor movement
Andhra Pradesh Chief Electoral Officer Mukesh Kumar Meena on Thursday ordered end-to-end surveillance of liquor movement, aimed at curtailing influence of liquor in the run-up to Assembly and Lok Sabha elections in the state. As part of state-wide monitoring, the CEO ordered the managing director of the Andhra Pradesh State Beverages Corporation Ltd (APSBCL) to track the movement of liquor by deploying Global Positioning System (GPS). Similar directives were also issued to the commissioners of Prohibition and Excise Department and Special Enforcement Bureau (SEB). «The movement of liquor from the distillery/ brewery to the godown of APSBCL should be GPS tracked (and the) feed of which also to be provided to the District Election Office control room and the CEO control room,» said Meena in an order.
11.04 / 07:01
markets UPS Fitch Experts show track Department Uday Kotak of Kotak Bank shows THIS wild card as he warns to be ready for turbulence
Is China going to default? Fitch cuts rating to negative Also Read: Will India overtake China to become world's economic heavyweight by 2028? Meanwhile, the US consumer price index (CPI) rose 0.4 per cent month-on-month (MoM) and 3.5 per cent year-on-year (YoY), above the Street expectations of 0.3 per cent MoM and 3.4 per cent YoY, according to data released by the Labor Department's Bureau of Labor Statistics on Wednesday, April 10. Core inflation, which the Fed tracks closely, grew 0.4 per cent MoM against the expectations of a 0.3 per cent increase.
11.04 / 05:51
Target economy Discover Food Trade country Department US trade mission to visit India to explore opportunities in agribusiness
India later this month to explore opportunities in the country's huge agribusiness sector and further promote American products among India's rising middle class. «India represents a growth economy for the US agribusinesses seeking to capture an increasing share of the household food purchases in the fifth-largest economy in the world,» said Under Secretary of Agriculture for Trade and Foreign Agricultural Affair Alexis Taylor. From April 22 to 25, Taylor will lead a US Department of Agriculture (USDA) agribusiness trade mission to Delhi. «India's rising middle-class consumers' familiarity with American food products and increased purchasing power is a real opportunity for US producers,» Taylor said.
11.04 / 04:29
FIVE Man shooting Carver hospital Department Investigations One killed, five wounded when shooters open fire on crowd in DC neighbourhood
Carver Langston neighbourhood of Washington, Metropolitan Police Department Chief Pamela Smith said. Investigators believe the suspects exited a vehicle and then began shooting into a crowd of people on the street. Multiple people were shot.
11.04 / 04:29
markets Target Progressive Opinion reports Department Rate Cut Wall St ends sharply lower as sticky inflation dims rate cut hopes
All three major U.S. stock indexes veered sharply lower at the opening bell after the Labor Department's Consumer Price Index (CPI) report landed north of consensus, a reminder that inflation's road back down to the Fed's 2% target will remain a long and meandering one.
11.04 / 03:01
BAY Coronavirus Trade reports Department Courts Germany's last department store chain is to get new owners after its latest insolvency
The insolvency administrator of Germany’s only remaining major department store chain says it is set to get new owners after its third spell in bankruptcy protection in four years
11.04 / 03:01
UPS Manufacturing CEO Trade Department Updates Hexcel, WD-40 fall; Macy's, Roblox rise, Wednesday, 4/10/2024
Stocks that traded heavily or had substantial price changes on Wednesday: Hexcel, WD-40 fall; Macy's, Roblox rise
11.04 / 02:25
markets Trade Celebrity Department gatherings Top events today: Eid 2024, Delhi liquor stores, stock market closed, Kangana rally, Sabarimala shrine opens, and more
Eid Al-Fitr, a significant religious observance in the Islamic calendar. Eid Al-Fitr is celebrated by Muslims worldwide, marking the end of Ramadan, the holy month of fasting. This joyous occasion is characterized by special prayers, communal gatherings, feasting, and the exchange of gifts Today, on the occasion of Eid, all liquor vends will be closed as per the directive issued by the Delhi Excise Department.

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