NOT Financial News

The United States is working on a digital dollar but is unlikely to actually launch one anytime soon, according to Bank of America.

Employers may not be able to resist a four-day workweek for much longer if one recent study highlighting even more compelling evidence of the schedule’s benefits is any indication.

Mohit Burman, Chairman, Dabur Group, says “we are decent people. We are doing everything by the book. So, we will continue getting our approvals and then at the end of the day the shareholders can decide whether they want to tender their shares into the open offer or not. I mean, all the other options which can cause any sort of problems to the acquisition, we are not looking at those.” What is your next plan of action? We will continue getting our regulatory approvals. We have already applied to the CCI, that should come in the next few weeks. Then, we have SEBI, IRDA and RBI. As I said, we have already met the fit and proper test for most of these regulatory bodies. So, I do not see any problem; however, with all these allegations being thrown at us, we are tackling them. The other point is that a lot of other chunky shareholders. Have you interacted with them? Are they okay with your strategy informally? Informally, we believe all shareholders are okay and are fine with this.

this note published in 2014 that the idea that the BJP is a more market-friendly party than the Congress (a prominent member of the INDIA alliance) has very little evidence supporting it at least in terms of capital flows. In the six years of BJP-led National Democratic Alliance (NDA) rule from April 1998 to April 2004, the Sensex, these economists wrote, grew at compound annual growth rate of 5.9% per year. During the years under the United Progressive Alliance's (UPA) regime, this rate more than doubled to more than 16.4%.

Sriram Velayudhan, Vice-President, IIFL Securities, says the Standard Index will see nine additions, the highest of them in terms of impact being Tata Motors DVR, which we are expecting in close to the tune of $145-$150 million which is a big ADV of almost 13 days, followed by Macrotech and APL Apollo. These are high inflow additions in terms of ADV to the tune of 10 to 11 days. No stocks have been deleted from the Standard Index and a lot of interesting names have been added. What is your view? MSCI made the announcement relating to the November review early Wednesday morning India Standard Time. As you rightly pointed out. So, there are not any deletions for the forthcoming review. This purely works on the basis of the methodology that MSCI has put out. We are not seeing any deletions in this review. In terms of addition, the Standard Index will see nine additions, the highest of them in terms of impact being Tata Motors DVR, which we are expecting in close to the tune of $145-$150 million which is a big ADV of almost 13 days, followed by Macrotech and APL Apollo. These again are high inflow additions in terms of ADV to the tune of almost 10 to 11 days. The other closely followed addition is IndusInd Bank wherein we have been following the foreign room for the last couple of quarters.

Suella Braverman lashed out at British Prime Minister Rishi Sunak, accusing him of not fulfilling his assurances to her over the issues of illegal immigration and rising anti-semitism. She said that Sunak's plan is «not working» and the Conservative party is heading towards «record election defeat». On social media platform X, Braverman posted a message stating, «Thank you for your phone call yesterday morning in which you asked me to leave government. While disappointing, this is for the best». She claimed accepting the offer of serving as Home Secretary on «certain conditions» and «firm assurances», despite Sunak being «rejected» by a majority of party members and having «no personal mandate» to be Prime Minister. «As you know, I accepted your offer to serve as Home Secretary in October 2022 on certain conditions.

Alphabet CEO Sundar Pichai acknowledged in federal court on Tuesday that he sometimes marked documents as «privileged» and never turned off a setting that caused internal chats to delete automatically after one day. Pichai was in court in San Francisco to defend Alphabet's Google from a lawsuit by Epic Games that alleges its app store policies amount to an illegal monopoly and have caused consumers to pay artificially high prices.

By Greg Bensinger

AAP's Arvind Kejriwal-- based on complaints filed by Bhartiya Janata Party. Both leaders were issued show cause notice for making claims about Prime Minister Narendra Modi. EC on 13 November issued a show-cause notice to the Aam Aadmi Party (AAP) leader Arvind Kejriwal for alleged disparaging remarks made against PM Modi on its social media handle and asked it to respond to the charge of poll code violation by November 16.

Supreme Court had instructed farmers in these states and state governments to immediately cease stubble burning. Following the Supreme Court order, Nitin Gadkari told news agency ANI, "Bitumen, bio CNG, LNG is being made from stubble. 185 projects have started in Punjab, Haryana, Uttar Pradesh to make CNG, LNG.

Bank of India (RBI), available on a daily basis, shows that card spends this October at shops and on e-commerce sites was about 17% higher than in October 2022. In absolute terms, that’s a ₹29,000 crore increase. The data covers spending on credit cards, debit cards and prepaid cards.

by Grant Smith

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Microsoft and Alphabet's Google will not challenge an EU law that would require them to make it easier for people to move between competing services — such as social media platforms and internet browsers, the companies said. In September, the European Union picked out 22 «gatekeeper» services, run by six of the biggest tech companies in the world, to face new rules as part of its latest crackdown on Big Tech.

Rachin Ravindra has been one of the biggest finds of the World Cup. Not only did he played a big role in New Zealand's journey to the semis but also broke Sachin Tendulkar' record of being the youngest to score 500 runs in a single edition of a World Cup. When he was breaking into international cricket, he was also famous for this first name «Rachin».

One of the most controversial numbers in financial planning, 4%, is back — but the “rule” that follows it less so.

Decentralized U.S. dollar stablecoin protocol Raft claims that despite multiple security audits, the firm still suffered a security exploit leading to the loss of $6.7 million last week.

Elon Musk, Mark Zuckerberg, Satya Nadella, and Sundar Pichai, have advocated for a unified global regulatory framework. On 1 November, 28 nations, including the US, the UK, China, and India, took the first step towards establishing common regulatory guidelines on AI. At the press briefing on 3 November, Rajeev Chandrasekhar, union minister of state for IT, said India intended to advance the global dialogue on AI at the Global Partnership on Artificial Intelligence Summit in Delhi in 2023.

Buenos Aires, Taylor Swift urged her fans not to hurl anything on stage, stating that «it really freaks me out.» Swift stopped her Eras Tour performance midway through the «Evermore» song to address the audience when a purported fan gift fell near her keyboard. Swift stated in a video released on X that It really freaks me out when stuff gets thrown on the stage because if it's on the stage then a dancer can trip on it.

PTI reported. The Bharatiya Nagarik Suraksha Sanhita (BNSS-2023) bill was introduced in the Lok Sabha on August 11, along with the Bharatiya Nyaya Sanhita (BNS-2023) and the Bharatiya Sakshya Adhiniyam (BSA-2023) bills.

Investing.com — Novo Nordisk 's (NYSE:NVO) (CSE:NOVOb) blockbuster weight-loss drug Wegovy may have difficulty securing approval from Medicare for coverage as a heart disease treatment, according to analysts at Deutsche Bank.