Election Financial News

Subscribe to enjoy similar stories. On Wednesday, 11 December, the market faced significant challenges after nearing the 25,000 mark. Global factors, particularly the aftermath of the US elections, dampened bullish sentiment, triggering a pullback.

Senate Democrats failed in their bid to confirm a Democratic member of the National Labor Relations Board after the Senate rejected a razor-thin vote that hinged on the pivotal rejections of independent Sens. Joe Manchin of West Virginia and Kyrsten Si...

Elon Musk's net worth has surpassed $400 billion, according to the Bloomberg Billionaires Index, setting a new milestone Wednesday for the world's richest person, as per a report. The jump in wealth, the business news outlet reported, came after SpaceX and its investors agreed to purchase as much as $1.25 billion of insider shares in a transaction that valued the rocket and satellite company at about $350 billion, AFP reported. The transaction increased Musk's personal wealth by about $50 billion to $440 billion, Bloomberg said.

US President- elect Donald Trump have recently mocked the Canadian Prime Minister Justin Trudeau on social media while referring to him as the ‘Governor of the Great State of Canada’, reported NBC News. According to NBC News, this certain comment was actually followed by a dinner at Mar-a-Lago, where Donald Trump and Justin Trudeau eventually discussed regarding potential tariffs on Canadian imports. At the same time, Donald Trump has threatened to impose a 25% tariff unless Canada addresses issues related to illegal immigration and drug trafficking. Also Read: What is Israel up to in Syria? Its tanks are just 24 kilometres southwest of Damascus

The World Bank forecasts that Myanmar's economy will contract this year, as flooding and fighting take a severe toll nearly four years after the military ousted its government headed by Aung San Suu Kyi

President-elect Donald Trump is expected to ring the opening bell at the New York Stock Exchange, marking the ceremonial start of the day’s trading

Poland's Prime Minister Donald Tusk says his government will protect major television stations in the country, like the U.S.-owned TVN, against hostile purchases, in a move aimed at protecting from any such attempts by Russia

Mohan Yadav on Wednesday launched two programmes to highlight development works of his administration and link more eligible people with welfare schemes. "Jankalyan Parv" (public welfare festival) and "Mukhyamantri Jankalyan Abhiyan" (public welfare campaign) will run on different dates through December-January. «It is a happy coincidence that today, on the occasion of International Gita Jayanti, Jankalyan Parv and Mukhyamantri Jankalyan Abhiyan are being launched. During Janlakyan Parv, which will run from December 11 to 26, foundation stones of several development works will be laid and a number of completed projects will be inaugurated,» Yadav said. The three-time MLA, who was elected the BJP legislature party leader on December 11, 2023, and took oath as CM two days later, was speaking at a function organized at the Motilal Nehru stadium in the state capital Bhopal. During the Jankalyan Abhiyan, which will run from December 11 to January 26, people from poor families, youths, farmers and women, who are eligible to avail benefits of various welfare schemes, will be identified through a survey and linked with these plans, Yadav informed.

Donald Trump Jr. was pretty recently spotted holding hands with socialite Bettina Anderson during a birthday celebration for Bettina Anderson in Palm Beach located in Florida, reported US Weekly. According to US Weekly, the couple was eventually seen leaving the restaurant named Buccan while Donald Trump Jr. was dressed in a suit and Bettina Anderson was seen in a stylish outfit featuring a black vest and flowy trousers. This recent public display of affection has fueled several speculations about the status of engagement of Donald Trump Jr. to Kimberly Guilfoyle which has reportedly been rocky during recent times. Donald Trump Jr. and Kimberly Guilfoyle who eventually got engaged in the month of December in the year 2020 have been facing some serious challenges in their relationship while eminent sources are indicating that they have spent a considerable amount of time being apart, asserted US Weekly. Kimberly Guilfoyle was also recently nominated by US President- elect Donald Trump to serve as the US Ambassador to Greece which was a move that coincided with the rising rumors about Donald Trump Jr.'s new romance.

Indian cinema, Prime Minister Narendra Modi has said while suggesting that his family should take the legacy of showman forward by making a documentary on his international «soft power». Modi met Raj Kapoor's grandchildren and other members of the family, including daughter Reema Jain and daughter-in-law Neetu Kapoor, on Tuesday evening ahead of the filmmaker's 100th birth anniversary on December 14. «Raj Kapoor's 100th birthday is an important milestone of India cinema's golden journey. It began with 1947's 'Neel Kamal' and we are on course to 2047. It is such a contribution to the country when we look back at this journey of 100 years,» PM Modi said. «In the diplomatic world, we talk a lot about soft power. And at a time when this phrase didn't even exist, Raj Kapoor sahab established India's soft power all over the world. It was his big service to India,» he added.

Department of Government Efficiency (DOGE) under US-President elect Donald Trump's administration is already making waves. Headed by tech billionaire Elon Musk and entrepreneur Vivek Ramaswamy, DOGE aims to cut wasteful government spending and eliminate excessive regulations by the 250th anniversary of the United States. Musk, now Trump's closest ally, has warned Republicans against standing in Donald Trump’s way – or his, reports news agency AP. Musk, who recently visited Capitol Hill with Ramaswamy, the two issued a warning to Republicans who do not go along with their plans to slash spending as part of the president-elect’s proposed DOGE. ALSO READ: What is Willow? Google's quantum computing chip explained in 10 points

foreign institutional investors (FIIs) are taking reverse steps to buy back more than what they sold last month. As against the $2.5 billion sell-off seen in November, FIIs have already bought Indian stocks worth around $3 billion in the first 10 days of the December month. As a result, the Nifty is already up around 2% this month with bulls betting that the momentum could turn into a strong Santa rally and take the market to new record peaks in the next few weeks before the Budget.

Subscribe to enjoy similar stories. US President Harry S. Truman once famously asked for a “one-handed economist" because he was tired of economists who, instead of giving decisive answers, would say, “On the one hand, this, and on the other hand, that." As 2024 ends, we can see why that’s so.

«Primarily, I would believe that that would continue going forward with whoever is the governor and with Governor Malhotra there, I think we are in very good hands because he brings several, I would say, set of experiences,» says KV Kamath, Chairman, NABFID & Veteran Banker In your understanding we are looking at end of an era, Shaktikanta Das. He has been rated as the best central banker for three years on the trot now and everyone will miss him. KV Kamath: Yes, I think indeed. He had to manage multiple challenges. Admirable. So, we all owe a big thank you to Mr Das.

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In court papers made public on Tuesday, the Manhattan district attorney’s office proposed an array of options for keeping the historic conviction on the books, including asking Judge Juan M. Merchan to consider treating the case the way he would when a defendant dies. That would effectively put the case into a permanent state of suspended animation. Trump’s conviction would stand, but everything would freeze, including any appeal action. It is unclear if that option is viable under New York law.

US Vice President Kamala Harris has been nominated for Time Magazine Person of the Year 2024 while sparking significant online mockery and skepticism due to her recent defeat in the US Presidential Election against Republican Presidential candidate Donald Trump, reported The US Sun. According to The US Sun, the shortlist which eventually includes notable figures such as Donald Trump, Elon Musk and Kate Middleton will see the winner announced on December 12. Several critics on social media have eventually questioned the rationale behind the nomination of Kamala Harris while pointing out that she lost the election and suggesting that the award should go to Donald Trump instead who made a remarkable political comeback. Also Read: Is true face of Cleopatra found? Here’s what an archaeologist claims to have unearthed about famous queen

A longtime publishing executive who has worked on bestsellers by Oprah Winfrey, Matthew Perry and dozens of others will soon be CEO of Phaidon Press, one of the world’s leading makers of art and fashion books

Canadian Prime Minister Justin Trudeau says Americans are realizing that «tariffs on everything from Canada would make life a lot more expensive» and says he would retaliate if Donald Trump imposes them

Subscribe to enjoy similar stories. TEL AVIV—Israeli Prime Minister Benjamin Netanyahu took the stand on Tuesday to testify in his long-running corruption trial even as he manages a multi-front war—underscoring the tensions around his leadership Netanyahu, who will be the first sitting Israeli prime minister to testify in his own trial, was indicted in 2019 for corruption, fraud and breach of trust, charges he denies. Despite repeatedly requesting an extension because of Israel’s war in Gaza and in Lebanon, the courts said he must be available to testify three times a week for six hours at a time over the next few weeks.