NOT Financial News

S&P Global Ratings. In contrast with the US government debt-ceiling impasse earlier this year, “a shutdown does not raise the risk of an event of default," said Mukherji in an email.

The Fed’s “soft landing” hopes are likely overly optimistic. Such was the context of our recent report, which discussed the long record of the Fed’s economic growth projections. To wit:

CommEx, the firm that has recently acquired Binance's Russian division, has said that it is not owned by Binance but disclosed that some of its core members are the exchange's previous employees. 

Yields on 30-year Treasuries are on track for their largest quarterly jump since 2009, stoking anxiety that the bond rout of the past few months could reverberate across financial markets.

He met the delegation of activists led by State Sugarcane Growers President Kuruburu Shanthakumar and Karnataka AAP President Mukhyamantri Chandru regarding the Cauvery dispute at his home office 'Krishna'. Two committees will review the situation and issue orders regarding Cauvery water distribution, he said, Noting that the order was to release water from the Biligundlu reservoir, he said that under normal circumstances, there is a mandate to release 177.25 tmc of water in a year. «Our state needs 284.85 tmc of water.

European cryptocurrency investment firm CoinShares is optimistic about cryptocurrency regulation in the United States as the firm enters the new market.

Law Commission has advised the government not to tinker with the existing age of consent under the POCSO Act and suggested introducing guided judicial discretion in the matter of sentencing in cases involving tacit approval of children in the 16-18 age bracket. The current age of consent in India is 18 years.

By Jonathan Stempel

In a court filing, Circle argued that assets that are pegged to the U.S. dollar, like the Binance USD (BUSD) or its own stablecoin USDC, are not securities, partly because those who purchase the assets are not expecting any profit from acquiring them. According to Circle, payment stablecoins do not have the "features of an investment contract" on their own.

Aam Aadmi Party (AAP), and Congress. Punjab is governed by AAP leader Bhagwant Mann. Khaira's arrest has earned CM Mann severe condemnation from Punjab Congress leaders, despite the need for unified front as part of the Opposition INDIA bloc.

Stablecoin issuer Circle has stepped into the legal battle between the Securities and Exchange Commission (SEC) and major crypto exchange Binance. 

The Vaccine War, directed by Vivek Ranjan Agnihotri, earned ₹1.3 crore on Day 1. Even on Day 2, it is expected to mint ₹1.3 crore, as per estimates by Sacnilk. The estimated Box Office collection so far stands at ₹2.6 crore.

an article that raised concerns about the risk management practices in the peer-to-peer (P2P) lending space in India. This is why I am compelled to remove all doubts about the robustness of the P2P lending space in India. Here are the reasons that makes the Indian P2P lending space unique and relatively safe for investors.

ITR) if the income tax department has sent a tax notice under Section 245 of the Income Tax Act, 1961. This tax notice is sent to inform the individuals that the income tax department will not credit the tax refund amount (either fully or partially) and that it will set it off against the pending income tax liability from past years.

Market expert Dilip Bhat says he would still feel that one need not be in a hurry to buy, one can wait and watch and get stocks lower and if not downwards, at least sideways. Markets are good and even at the current level index-wise, much ahead of the implicit fundamentals. Bhat says: «Whether it is midcap, whether it is frontline, all stocks have rallied significantly well. Maybe a few here and there have corrected but by and large, I think they are still trading in an overpriced zone.» It looks like the era of double-digit growth is going to take time to come back for the IT companies. In IT companies, we have seen a lot of things happening, a lot of events that have taken place and in a sense, it is changing the picture a lot more than what we earlier thought. It is a lot more dynamic, earlier we all were so bullish about digital, the cloud and all those things. While those things still continue to be on the radar, AI has taken the front seat at the moment and possibly that also is going to change a lot of things, especially in terms of how IT is going to address these particular issues especially on the headcounts. So, taking all these factors into account, although none of the IT companies have given any great guidance, my own sense is that a lot of it has been reflected in the prices. So, I do not think there is going to be any negative surprise there for IT.

Crypto analysts, traders and anonymous influencer Bitcoin pundits on X (formerly known as Twitter) frequently interpret what Bitcoin miners do with their block rewards as a sentiment gauge for where BTC price might go. 

BOSTON (Reuters) — Hawaiian Electric CEO Shelee Kimura on Thursday defended the utility's decision not to de-energize power lines before high winds precipitated a deadly wildfire that killed at least 115 people and razed the historic town of Lahaina.

China on Thursday, Chinese President Xi Jinping urged the nation to «work together in unity» in a speech more usually delivered by the premier. Since assuming the office of president in March 2013, Xi has previously delivered a speech twice at the annual reception, usually held on the eve of National Day on Oct. 1.

Delhi Chief Minister and Aam Aadmi Party Chief Arvind Kejriwal on Thursday took a dig at the central government after the Central Bureau of Investigation (CBI) registered a preliminary enquiry to probe 'alleged' irregularities in construction and renovation of his residence. «What can we expect from a 'Fourth pass Raja'? They want me to bow down before them. They want to break me.

Saving for retirement is proving challenging for many American workers who are concerned that they are behind schedule.

If you want a sustainable, long-lasting growth for the real estate industry, it has to be an overall participation and that comes from the bottom of the pyramid, says Prashant Thakur, Regional Director & Head of Research, Anarock Group. Edited excerpts: There is a big scheme in the offing from the government side. A $7.5 billion worth of scheme to give the further fillip to urban middle class. Will this really give a lot of push to the realty sector, which is already in massive momentum? How long and potential could this be? There has been a good upsurge in the overall sales but what we have seen is that while the upper segment is doing quite well, the lower and affordable segment has been kind of lagging behind, and there are a couple of reasons behind it. While the rise in interest rate did not impact the upper and mid-upper too much, the affordable segment got impacted because of interest rate increase; the home loan eligibility of these borrowers came down because most of them work in either unorganised sector or they do not have a steady income source, I am talking about buyers of affordable housing.