NOT Financial News

Mamata Banerjee on Thursday said she will not allow implementation of the CAA, NRC and the Uniform Civil Code in the state. Addressing a gathering here on the occasion of Eid-ul-Fitr, she claimed that some people will try to «engineer riots» during elections and urged those who participated in the programme «not to fall prey to the plot». Eid-ul-Fitr marks the culmination of the fasting month of Ramzan. «We will not accept the Citizenship (Amendment) Act, National Register of Citizens and Uniform Civil Code. If we will live unitedly, nobody will be able to cause harm to us,» Banerjee said while addressing the gathering at the Red Road.

Desam Party, has decided not to contest the upcoming Lok Sabha polls in Telangana, and the beleaguered party here is yet to take a call on whom to support in the state, though it is part of the NDA in the neighbouring Andhra Pradesh, a senior leader of the party said. TDP spokesperson Jyothsna Tirunagari, however, said the TDP will resume its political innings by contesting the local body polls, expected to be held in June or July this year. «Though we are part of the NDA, we are not contesting the Lok Sabha polls in Telangana.The decision on whom to support in the upcoming polls in Telangana will be taken by the party's senior leadership. As of now, there is no instruction on that,» she told PTI. The political journey of the TDP's has been passing through rough weather for the past few years, and the situation worsened after TDP chief N Chandrababu Naidu was arrested by Andhra Pradesh police in a graft case.

The International Labour Organization (ILO) in partnership with the Institute for Human Development (IHD) recently released the India Employment Report 2024, which has a special focus on youth employment. The report, a careful analysis of the job situation in India, created its usual set of headlines. Unfortunately, many of these headlines were mischievous, detracting from many important characteristics of India’s improving labour market.

Technologists have been doing it. Jamie Dimon just did it in his latest letter to shareholders. I’m referring to the way people are comparing the transformational impact of artificial intelligence (AI) to that of the steam engine.

The Supreme Court issued an interim stay on a Karnataka high court order which had allowed ‘board examinations’ to be conducted for classes 5, 8, 9 and 11 in schools in Karnataka. It also said that for the examinations that had already been conducted, the results may not be communicated to anyone at all. However, some of the results had already been announced before the Supreme Court issued its order.

Delhi High Court on Wednesday expressed its displeasure over repeated petitions seeking removal of Arvind Kejriwal as the chief minister after his arrest despite the previous pleas having been dismissed, saying unlike the James Bond movies there cannot be sequels to such legal prayers. The court said once it has dealt with the issue and opined that it fell in the executive's domain, there should not be any «repeat litigation». A bench headed by Acting Chief Justice Manmohan pulled up petitioner Sandeep Kumar, a former AAP MLA, who sought Kerjiwal's ouster from the office, for trying to drag the court into a "political thicket" and imposed costs of Rs 50,000 on him. «This is not like a James Bond movie where we will have sequels. (Lt) Governor will take a call on this. You are trying to involve us in a political thicket, that's all,» remarked the court during the hearing.

Some companies are moving away from the idea that stand-alone, startup-style labs are the best way to drive innovation. The re-evaluation comes as big businesses feel the pressure to harness cutting-edge generative artificial intelligence for new discoveries. The best ideas come from within the business, these companies say, rather than from colleagues in detached groups who then have to get buy-in from the company.

AAP leader Atishi on Wednesday alleged that the BJP was «openly» violating the model code of conduct and the Election Commission was not acting against it, affecting the level-playing field in the Lok Sabha polls. In an interview to PTI, she said the AAP was hopeful of opening its account in Assam where the party has fielded candidates in two seats — Dibrugarh and Sonitpur, which are going to the polls in the first phase on April 19. «Yesterday AAP had a rally in Tinsukia. We applied for permission before the BJP. But as Amit Shah was coming for a roadshow, AAP's permission was denied. We were made to change our routes and our timing. Our party workers and volunteers were not allowed to reach the location,» she claimed. «Openly and brazenly the model code of conduct was violated by the BJP, and yet there was no action from the EC,» Atishi added.

AUKUS security pact this week.AUKUS, formed by the three countries in 2021, is part of efforts to push back against China’s growing power in the Indo-Pacific region by focusing on military modernization through new technologies. The trio announced Monday it will begin consultations this year on collaborating with “prospective partners” around the world as part of its second phase, specifically mentioning Japan as an ally it is considering working with.Not mentioned was Canada, despite the federal government saying it is considering joining the pact Prime Minister Justin Trudeau in 2021 described as “a deal for nuclear submarines, which Canada is not currently or any time soon in the market for.”Speaking to reporters Monday as his government announced its long-awaited defence policy update, Trudeau said Canada was already talking with AUKUS members about working with the alliance and potentially even joining it as a member.“I think it’s really important that allies, particularly across the Indo-Pacific, work together in stronger and tighter ways, and those Canadian conversations with our partners will continue,” he said.But AUKUS members have already poured cold water on the idea of expanding the alliance beyond the core trio — and experts say even if that is possible, Canada is unlikely to be invited.“The United States and Canada are already so closely aligned that AUKUS could become CANAUKUS pretty easily, but it’s not.

Amit Shah hit out at West Bengal Chief Minister Mamata Banerjee on Wednesday saying that the Trinamool Congress supremo does not intend to stop infiltration because the infiltrators who come in are vote bank. "...Mamata Didi will not stop infiltration because these infiltrators are her vote bank. PM Narendra Modi and the BJP government can stop infiltration in Bengal," Shah said speaking at a public rally in West Bengal's Dakshin Dinajpur. This marks Amit Shah's first visit to the state after the dates of the election were announced.

₹8,000 crore to Anil Ambani's firm. A special bench headed by Chief Justice D Y Chandrachud on Wednesday held that the top court erred in setting aside the Delhi High Court verdict. The top court said that the DMRC was not obliged to pay over ₹8,000 crore to the Delhi Airport Metro Express Private Ltd (DAMEPL)--a subsidiary of Anil Ambani's Reliance Infrastructure firm.

Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023 in Ohio

Donald Bradman averages a staggering 99.94 in test matches. The next batsman is in the 60s. His record of six consecutive test centuries remains unbroken after 87 years. Like Bradman, the Sensex has set a record by giving positive returns and hitting all-time highs in the last eight calendar years and is going strong in the ninth year.

NEW DELHI : Even as India accelerates towards a greener future with an ambitious target for two-wheeler electrification by 2030, Yamaha Motor India is steering towards a more conservative course. Anticipating a 20% adoption rate for electric scooters by the end of the decade, the local arm of Japan's Yamaha Motor Co.

A few weeks ago, when the gold price hit a record high, no one besides a few gold bugs seemed to care. Bitcoin also hit a record high. Everyone cared.

MUMBAI : Chandra Shekhar Ghosh, Bandhan Bank's founder and managing director and chief executive officer, has said he will not be part of the bank's board even in a non-executive role after he retires on 9 July. Speaking to analysts and investors in an early morning call on Monday, Ghosh clarified that the board will start the process of finding his successor and expects the names of candidates to be finalized by July. The board may even look at appointing an interim CEO post his tenure, if the Reserve Bank of India approval for the new CEO does not come in by then.

Detained Binance executive Tigran Gambaryan has pleaded not guilty to four counts of money laundering charges in Nigeria. 

The nation’s most influential banker, JPMorgan Chase CEO Jamie Dimon, told investors that he continues to expect the U.S. economy to be resilient and grow this year

Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, would-be homeowners — pretty much everyone — began obsessing over a single question: When will the Fed start cutting rates

The West Virginia United Students’ Union is the leading oppositional force against cuts at the state's flagship university

JPMorgan Chase CEO Jamie Dimon, told investors Monday that he continues to expect the US economy to be resilient and grow this year. But he worries geopolitical events including the war in Ukraine and the Israel-Hamas war, as well as US political polarisation, might be creating an environment that «may very well be creating risks that could eclipse anything since World War II.» The comments came in an annual shareholder letter from Dimon, who often uses the letter to weigh in broad topics like politics, regulation and global events and what it might mean to JPMorgan Chase, as well as the broader economy.