Interviews Financial News

On March 11, FOX Business analyst Eleanor Terrett noted that the cryptocurrency industry is gaining influence as the 2024 U.S. elections draw near. She noted the increasing influence of crypto advocacy groups like Coinbase’s “Stand With Crypto Alliance” which boasts over 310,000 members.

Jane Fraser, chief executive officer of Citigroup. India's perfect policy prescriptions, cast-in-stone execution schedules and an unmatched ability to deliver development on a gigantic scale make it a unique investment destination, Fraser told ET in an interview. «The move from more of a cost arbitrage in India to now looking at it in terms of innovation from our Indian tech centres — they are drivers of our business strategy,'' she said. „Citi is doing a huge amount of work in transformation globally. That is all happening here in India.''

Laptop and personal computer maker HP India will roll out its domestic expansion plans over the next 9-12 months to cater to the demand for the devices in the country which has «no end», HP India managing director Ipsita Dasgupta said, adding that the company was in talks with several Indian and multi-national companies but most of these plans are works in progress as of now. «If you look at our business in India, we are the second biggest employee base in the world after the US. We look exactly like the US in the sense that we have every functional capability that we have globally, sitting in India. Growing some of those is something that excites HP,» Dasgupta said in her first interview after taking over as HP India MD.

India can play a key role in building a resilient global electronics supply chain, said Cristiano Amon, chief executive of US chip giant Qualcomm Inc. In an interview with ET's Romit Guha and Himanshi Lohchab, Amon said the country has an opportunity to create large companies that serve both the domestic and global markets in areas such as semiconductor packaging and manufacturing. Edited excerpts: What are the opportunities for Qualcomm in India? There's an incredible opportunity with the transition to 5G. But it's not only 5G, but also the incredible opportunity that is developing with Gen AI and the opportunity to do Gen AI at the edge, not only at data centres, but across many different industries. What's Qualcomm's investment plan for India? India is our largest R&D site outside San Diego. We have a presence in a number of sites — from Hyderabad, Bengaluru, Chennai and Noida. The majority of our chips are designed in India, both hardware and software. With the world looking for alternatives to make the overall electronic supply chain more resilient, we see that India has an important role to play, an opportunity to create over time, very large Indian companies serving not only the Indian market, but also global, whether it's smartphone industrial modules, whether it's semiconductor packaging, and eventually semiconductor manufacturing.

The head of the African Development Bank is calling for an end to loans given in exchange for oil or critical minerals used in smartphones and electric car batteries

Joe Biden tried his best to present himself as an energetic and enthusiastic person in his State of the Union address to the joint session of the US Congress, special counsel Robert Hur has made several damning revelations in his report. He has written in his report that the commander-in-chief confused key dates during his October interview, he even forgot the year of death of his son Beau and when Donald Trump was elected president of the country, reports the 'New York Post'.

Edited excerpts from the interview: It has played out really well. For me real estate has outperformed the equities portfolio. If you remember, around the end of 2020 and early 2021, the stock market had already recovered from the covid lows.

Sales growth of electric vehicles in the U.S. has started to slow, and polls show it’s due in part to anxiety over running out of battery power and too few charging stations

Billionaire Elon Musk can’t sue his way into artificial general intelligence, fellow billionaire and OpenAI investor Vinod Khosla said in an interview on Bloomberg TV. Musk, who was on the founding team of OpenAI, filed a lawsuit earlier this month against the company, accusing it of straying too far from its mission and becoming beholden to its largest investor, Microsoft Corp.

Donald Trump defended his plan to increase tariffs on Chinese imports if elected for a second term, saying he did not mind if China retaliated with tariffs of its own on US goods. «That's OK, they might do that, but they didn't do that with me,» he said.

MUMBAI : Former State Bank of India chairman Rajnish Kumar, who is advisor to edtech firm Byju's, believes that the company's main priority is to reduce cash burn, settle the term loan, and focus on growth. Kumar is also chairman of fintech BharatPe. In an interview with Mint at the Digital Lenders Association of India (DLAI) conclave last week, Kumar laid down the road map for Byju's and said that there is urgent need to sort out governance issues.

NEW YORK (Reuters) — HSBC is planning to recruit about 50 more bankers in its U.S. commercial bank to lend to startup companies, mainly in the technology and healthcare sectors, according to a senior executive.

Delhi: Indian Institute of Technology-Delhi’s Department of Humanities and Social Sciences has launched a new academic programme, Master of Arts in Culture, Society and Thought. This two-year full-time programme will focus on the thematic of culture, society and thought through the core disciplines of sociology, literature and philosophy, according to a news release issued by the institute. The application process for admissions will begin on March 20 for the academic year starting July 2024. The last date to apply is April 4.

US Embassy in New Delhi processed more than 1,000 visitor visa applicants for interviews during the 'Super Saturday' drive. The US Ambassador to India Eric Garcetti joined the embassy team to support the surge and assist in the fingerprint verification process, according to a press release from the embassy. 'Super Saturday' drives, initiated sporadically since 2022, are set to become a quarterly feature going forward.

education’. The real question is why an employer hires an economics graduate in product design, or a civil engineer in marketing. Michael Spence received the Nobel prize for his Harvard thesis, where he proposed the idea of job market signalling, a foundational concept in labour economics. Here’s how to understand the way employers read signals, and apply this to stand out. Education Individuals acquire credentials or education not necessarily because it will help them contribute directly to work productivity, but because these signal a higher ability to potential employers and help land better jobs. Most valuable education courses have either entry or exit barriers. So, tough entrance exams like JEE, NEET and CAT are a high entry barrier to top institutes, and clearing chartered accountancy exams is a high exit barrier. The tougher the course, the stronger the signal for the job market, and better returns in compensation. A clear hierarchy plays out in course and college selection. It’s no surprise that, on an average, STEM (science, technology, engineering, math) degrees from institutes that are tough to get into, signal higher capability and result in above-average salaries. Use this idea to conduct a cost-benefit analysis of academic qualifications that you choose to pursue.

holy month of Ramadan, significant for Muslims, usually sees heightened tensions in the region. Clashes have historically erupted during this time, particularly in Jerusalem's Old City, a site sacred to Jews, Christians and Muslims.

(Reuters) — Delta Air Lines Inc (NYSE:DAL) expects the deliveries of Boeing (NYSE:BA) Co's 737 Max 10 aircraft to be pushed out to as late as 2027, as the planemaker faces federal safety and criminal reviews, Bloomberg News reported on Sunday.

FRANKFURT (Reuters) — Israel's Prime Minister Benjamin Netanyahu has told a German newspaper that at least 13,000 «terrorists» were among Palestinians killed during Israel's air and ground assault on Gaza.

Lok Sabha polls and whether what he stands for is for the good of the people of the country would be the subject matter of the elections, Rajya Sabha MP Kapil Sibal said on Sunday. In a video interview with PTI, Sibal also said the opposition INDIA bloc needs to come out with a joint vision document which entails what key issues are there before the country which need to be addressed. Asserting that no election is a done deal, Sibal quipped, «I don't know whether picture baki hai ki nahi lekin jo picture chal rahi hai woh desh ke liye theek nahi hai (I don't know whether or not there is more to the film but the one that is playing is not good for the country).» Asked about the Indian National Developmental Inclusive Alliance (INDIA) losing its way with JD(U) chief Nitish Kumar crossing over to the NDA and TMC supremo Mamata Banerjee saying her party will go solo in the polls, Sibal said negotiations with Banerjee were still on and that was not an issue.

Signature Global will invest Rs 1,000-1200 crore per year to purchase land for the development of housing projects and encash strong consumer demand, its Chairman Pradeep Aggarwal has said. In an interview with PTI, he highlighted that housing demand has been very strong in the past two years across all segments, be it affordable, mid-income, premium, luxury or super luxury. Aggarwal expects the demand momentum to sustain on better economic growth. «We will be investing Rs 1,000-1200 crore every year for outright purchase of land to achieve our growth plan,» Aggarwal said.

GPS signals that deceive on-board plane systems and complicate the work of airline pilots are surging near conflict zones, industry employees and officials told AFP. A ground collision alert sounds in the cockpit, for instance, even though the plane is flying at high altitude — a phenomenon affecting several regions and apparently of military origin. This includes the vicinity of Ukraine following the Russian invasion two years ago, the eastern Mediterranean and the air corridor running above Iraq, according to pilots and officials interviewed by AFP.