Election Financial News
13.11 / 02:03
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Polling begins for 43 seats in first phase of Jharkhand assembly elections
Champai Soren and ex-MP Geeta Kora. Polling began around 7 AM in these constituencies across 15 districts and will continue till 5 PM. However, voting in 950 booths will end at 4 pm, though people standing in the queue at that time will be able to exercise their franchise, an official said. While the JMM-led coalition is seeking to retain power riding on its welfare schemes, including Maiyan Samman Yojna, the BJP has been campaigning with its aggressive Hindutva agenda, infiltration and alleged corruption by the current dispensation.
13.11 / 01:21
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US Senate Democrats rush to confirm judges before Trump takes office
With Republicans set to take control of the chamber on Jan. 3, the Senate is set on Tuesday to hold a confirmation vote on one of Biden's judicial nominees — former prosecutor April Perry — for the first time since Trump won the Nov. 5 presidential election. Perry was nominated by the Democratic president to serve as a U.S. district court judge in Illinois. All told, Biden has announced 31 judicial nominees who are awaiting Senate confirmation votes, including Perry. She is one of 17 who already have been reviewed by the Senate Judiciary Committee and are awaiting a final confirmation vote by the full Senate. Another 14 nominees are awaiting committee review.
13.11 / 01:21
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Rupee falls to fresh low of 84.41 against US dollar
The rupee closed at 84.3925 per dollar, unchanged from Monday's closing level.
13.11 / 01:05
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Vivek Kaul: The market for lies
Subscribe to enjoy similar stories. Washington Sundar was preferred over Kuldeep Yadav in the test match India recently played against New Zealand at Pune. The social media erupted: Who is the better spinner? Why is India playing Washington ahead of Kuldeep? Are they so worried about their batting already? (Washington is a much better batter than Kuldeep and India had been bowled out for 46 in an innings in the test match before this match.) Even the legendary Sunil Gavaskar was critical of this decision while commentating on the test match.
13.11 / 01:05
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Could these two monopoly businesses still generate solid returns?
Subscribe to enjoy similar stories. MUMBAI : Investing can sometimes feel overwhelming, with so many options available. One strategy that often stands out is focusing on monopoly businesses.
13.11 / 00:39
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William Watson: Not even Elon Musk can run the U.S. economy
After being gone for more than a century, Grover Cleveland is back in the news. Until last week he was the only president U.S. voters had thrown out of the White House and then, four years later, invited back in. But now they’ve done the same with Donald Trump
12.11 / 23:35
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Why Coinbase CEO Sees Trump's Win as the 'Dawn of a New Crypto Era'
Cryptocurrency assets have surged in the week since Donald Trump was re-elected President, as the industry looked ahead to what Coinbase (COIN) CEO Brian Armstrong on Tuesday called the «dawn of a new crypto era.»
12.11 / 23:33
12.11 / 22:57
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Donald Trump Jr mocks Ukrainian president Zelensky, says he’s just weeks away from losing his allowance
Volodymyr Zelensky may be in big trouble according to Donald Trump Jr, as he will apparently be losing his 'allowance' in a few weeks of time for fighting the war against Russia, which may be the inception of World War 3. This weekend, Trump’s eldest son mocked Zelensky in a social media post, claiming that Ukraine’s military aid budget was about to be abolished once Trump takes over.
12.11 / 21:15
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reports
Donald Trump's cabinet: Who's been picked, who's in the running?
Donald Trump has begun the process of choosing a cabinet and selecting other high-ranking administration officials following his presidential election victory, as per a report. Here are the early picks and top contenders for some of the key posts overseeing defense, intelligence, diplomacy, trade, immigration and economic policymaking. Some are in contention for a range of posts, Reuters reported. SUSIE WILES, chief of staff Trump announced last week that Wiles, one of his two campaign managers, will be his White House chief of staff. While the specifics of her political views are somewhat unclear, Wiles, 67, is credited with running a successful and efficient campaign. Supporters hope she will instill a sense of order and discipline that was often lacking during Trump's first four-year term, when he cycled through a number of chiefs of staff.
12.11 / 21:15
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After low-key support to her father Donald, Ivanka yields political power to another Trump family member; here's all about her
Ivanka Trump's absence in the US Presidential elections 2024 campaign was duly noted this time, but she was more than happy to hand over her political influence and reigns to other Trump family member, Lara Trump. However, it was expected that the reigns may end up going to another member of the family at first, as many Republican supporters believed that Tiffany Trump would have been the heir apparent.
12.11 / 20:31
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Former B.C. premier John Horgan dies following battle with cancer
Former B.C. premier John Horgan has died following a battle with cancer, his family confirmed on Tuesday.
12.11 / 20:29
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Hedge funds performed better under Democratic presidents than Republican ones, history shows
There's been a rush of enthusiasm on Wall Street regarding Donald Trump's election win, but hedge funds actually generate more alpha when the White House is occupied by a Democrat president than a Republican one, according to HFR, collating data going back to 1991.
12.11 / 20:15
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Panic buying: Women stockpile abortion pills in U.S before Donald Trump takes over as President
abortion medication in greater than usual numbers. One of the biggest providers of abortion pills, Aid Access, said it received 10,000 requests for the drug in the 24 hours following the Republican nominee's election call early Wednesday. That's about 17 times the 600 requests the organization normally receives in a day, as quoted in a report by The Washington Post. According to Just the Pill, a nonprofit that uses telemedicine to prescribe abortion drugs, 22 out of 125 orders it received between Wednesday and Friday came from non-pregnant individuals. Julie Amaon, the group's interim executive director, stated that soliciting such an advance provision is typically rare.
12.11 / 20:15
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Donald Trump to order US banks mergers soon?
Donald Trump's return to the White House could usher in a wave of bank mergers and acquisitions as the administration appoints regulators who are more open to approving larger deals, financial executives and analysts said on Tuesday, as per a report. The banking industry is expected to win big if Republican regulators ease capital rules and merger approvals when they replace the aggressive financial regulators of the Biden era, Reuters reported. «I have to believe we are entering a moment where bigger deals can be done,» Mitchell Eitel, managing partner at law firm Sullivan & Cromwell, told a banking conference in New York.
12.11 / 19:07
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Emergency escape solution? Reports say that Prince Harry and Meghan Markle bought Portugal home to escape Trump's presidency
President-elect Donald Trump takes office, Prince Harry and Meghan Markle reportedly purchased a luxurious pad in Portugal. Approximately 81 miles south of Lisbon, the 722-acre CostaTerra Golf and Ocean Club is a luxurious development where the Duke and Duchess of Sussex are said to have lavished their money on one of 300 soon-to-be-built homes, as quoted in a report by The New York Post. Trump's intense distaste for the Sussexes has sent them into a tailspin and compelled them to reevaluate their options.
12.11 / 19:07
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Donald Trump to take revenge on his adversaries once he takes over as U.S President? Here's what analysts are saying
Dynuz reported that the approach of Donald Trump is characterized by a desire for revenge, fueled by past impeachments and legal challenges he faced during his previous term. Additionally, his allies also anticipate a wave of retaliatory actions which will be including congressional investigations and potential prosecutions targeting political adversaries. Also Read: Kamala Harris smiles with a glass of wine and plays with her niece's daughters after she lost U.S elections to Trump
12.11 / 18:21
12.11 / 18:21
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Trump's win should force Trudeau to make Canada more tax competitive, but don't count on it
Like many Canadians, I was glued to the non-stop coverage of the election results in the United States last week, with my tax brain going into overdrive thinking about how Canada would respond to a high-tax-loving Kamala Harris win versus a low-tax-high-tariff Donald Trump win, which ultimately came to pass.
12.11 / 18:15
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Relationships
India-US ties will determine whether this is 'century of light' or 'century of darkness': Trump's NSA nominee Mike Waltz
Mike Waltz, named National Security Advisor by President-elect Donald Trump, has recently said that this partnership which will «determine whether this is a century of light or a century of darkness». Waltz, who is the Co-Chair of the Congressional India Caucus, had made these remarks at an event hosted by US India Strategic and Partnership Forum (USISPF) at Stanford University for the INDUSUSX Summit in September. «The bottom line is, in my view, this (US-India) is the most important relationship of the 21st century. This will determine whether this is a century of light or a century of darkness,» he said. In his video message to the summit, which he could not attend due to his engagements in the election, Waltz encouraged further collaboration to maintain a free and open Indo-Pacific and protect India's sovereignty, particularly along the Line of Control (LoC).
12.11 / 18:15
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Alleged illegal Bangladeshi infiltrations: ED raids 17 locations in West Bengal, Jharkhand
Enforcement Directorate (ED) on Tuesday launched raids across 17 locations in poll-bound Jharkhand and West Bengal as part of its money laundering probe into alleged illegal infiltration of Bangladeshi nationals. The federal agency had, in September, registered a case, under relevant provisions of Prevention of Money Laundering Act (PMLA) to probe alleged illicit funds generated through infiltration of the trafficking of Bangladeshi nationals, including women, into Jharkhand. The ED's (ECIR), Enforcement case information report, equivalent to an FIR, is based on an earlier FIR registered by the Jharkhand Police in June.
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