Politician Financial News

Champai Soren could join the BJP, Jharkhand Chief Minister Hemant Soren on Sunday accused the saffron camp of «poaching» MLAs and «dividing society». Soren's statement came hours after JMM legislator and former chief minister Champai Soren reached Delhi. Addressing a government function in Jharkhand's Godda district, Hemant Soren alleged that the BJP brought people from Gujarat, Assam and Maharashtra to «spread poison among the tribals, Dalits, backward classes and minorities and make them fight with each other». «Forget about society, these people work to break families and parties. They poach MLAs. Money is such a thing that it doesn't take long for politicians to move here and there,» he said.

The big divide in America is not so much between Republicans and Democrats as between people who invest and people who don’t. For a man of his means who is running for America’s second-highest office, Tim Walz is on the wrong side. In 2022, 58% of Americans owned stock, either directly or indirectly through mutual funds.

Former President Donald Trump this week promised retirees that he would end the tax on Social Security benefits if elected – and policy experts have been quick to critique that idea.

Mexican drug lord Ismael “El Mayo” Zambada has said that he was ambushed and kidnapped when he thought he was going to meet the governor of the northern state of Sinaloa

During the press conference, Kalyan reminisced about the 1973 Kannada classic Gandhada Gudi, which featured Dr. Rajkumar as a forest officer dedicated to protecting the environment. Reflecting on this, Kalyan remarked, “Around 40 years ago, a hero was someone who safeguarded forests from poachers and smugglers. Now, however, the hero is often portrayed as someone who destroys forests and engages in smuggling.” The actor-turned-politician expressed discomfort with this shift in cinematic narratives. “I am part of the film industry, and I struggle with the current trend in storytelling. I wonder if we are sending the right message,” Kalyan said. He emphasized his intention to influence positive change through politics, stating, “What I could not achieve in reel life, I hope to accomplish in real life.”

Treasury investors should consider the possibility of a Donald Trump presidency after the Republican candidate said he would look to influence US monetary policy if elected, according to Wei Li, global chief investment strategist at BlackRock.  

Financial Action Task Force (FATF) global anti-money laundering watchdog has asked India to improve due diligence on the bank accounts of local politicians, government officials and their families, two government sources said. The recommendation for tougher checks on the finances of politically exposed persons (PEPs) is part of a FATF review of India's anti-money laundering systems that began in 2023. The group is due to publish its final report soon. Under global rules, politicians, their families, and close associates are subject to checks on their bank accounts due to their potential susceptibility to bribery and corruption.

Chancellor Rachel Reeves will meet bosses of big pension schemes in Toronto on Wednesday, as she seeks to create a “Canadian-style” model in the United Kingdom with massive retirement funds investing in equities and infrastructure.

The ex-partner of former Argentine President Alberto Fernández has accused him of physically and emotionally abusing her

CBI conducted searches at 15 locations in Chhattisgarh in connection with allegations of nepotism in the public service commission examination held in 2022, officials said on Wednesday. «Ineligible» family members of politicians, PSC officials and public servants were recruited in lucrative government jobs, they said. The searches took place at six locations in Raipur, three in Durg, two each in Mahasamund and Dhamtari and one each in Sarguja and Bilaspur at premises connected to those who benefited from the nepotism, they said. The CBI has named 16 such candidates who were appointed as deputy collectors, deputy superintendents of police and other lucrative positions, they said. The agency searched premises of 15 of them on Wednesday while the residence on one candidate was searched earlier, they said.

Bangladesh’s prime minister resigned and fled the country Monday after weeks of protests against a quota system for government jobs descended into violence and grew into a broader challenge to her 15-year rule. Thousands of demonstrators stormed her official residence and other buildings associated with her party and family.Prime Minister Sheikh Hasina’s departure threatens to create even more instability in the densely populated nation on India’s border that is already dealing with a series of crises, from high unemployment to corruption and climate change.

West Bengal Governor CV Ananda Bose on Sunday said he respects Chief Minister Mamata Banerjee as an individual and has professional relations with her but the «politician Mamata Banerjee» is «not my cup of tea». In an interview with PTI, the West Bengal Governor, who has often been at loggerheads with Banerjee-led Trinamool Congress Government, spoke candidly about their differences. Asked about his relationship with Chief Minister Mamata Banerjee, Bose said, «Which Mamata Banerjee? There are three Mamata Banerjees in front of me.» «One is the individual Mamata Banerjee. I have a very good relationship with her. Second is the Chief Minister Mamata Banerjee. I have professional relations with her. Third is the politician Mamata Banerjee, that's not my cup of tea,» he said.

Everywhere you look, the world’s politicians face tough economic choices. In many countries, they must raise taxes, cut spending or put up with high interest rates to keep inflation in check and make room for investment in the future. China is different.

A New York official says a village's former clerk will be the first politician to forfeit their pension under a state anti-corruption law after she stole over $1 million

Ravi Kishan is on a mission to change how the world perceives the Bhojpuri language. Recently, he introduced a private member Bill in the Lok Sabha, aiming to include Bhojpuri in the Eighth Schedule of the Constitution. This move, according to Kishan, is long overdue. For the unversed, the Eighth Schedule of the Constitution defined 14 languages in 1950. These included Assamese, Bengali, Gujarati, Hindi, Kannada, Kashmiri, Malayalam, Marathi, Oriya, Punjabi, Sanskrit, Tamil, Telugu and Urdu. In 1967, the 21st amendment to the constitution added Sindhi as one of the languages in the eighth schedule.

Imane Khalif has become the target of politicians, and rabble-rousers and has become the focus of one of the most polarised cultural debates — the inclusion of trans people in sports. After the Algerian boxer defeated her Italian counterpart, Angela Carini in the boxing ring at the Paris Olympics, her victory sparked a global outrage as she was assumed to be a trans woman. Khelif emerged victorious when Carini conceded merely 46 seconds into their welterweight match after enduring several blows to the face. Following Carini's Round of 16 bout in Paris, the Italian Prime Minister criticized the International Olympic Committee (IOC), stating, «Given the testosterone levels in the Algerian athlete's blood, it’s evident that the competition was unfair from the beginning.» In a social media post, American politician Donald Trump promised to ban men from women's sports.

With several months to go before the election, there is ample time for the markets to swing one way or the other.

Matt Hougan, the chief investment officer of Bitwise, has said the recent commitments made by US politicians have made him reconsider his perspective on Bitcoin’s potential.

Congress President Mallikarjun Kharge on Wednesday became emotional over the 'parivarvaad' statement by BJP MP Ghanshyam Tiwari during a parliamentary session and urged Chairman Jagdeep Dhankhar to expunge those remarks in the House regarding his political journey.

Indian economy looked so good to global analysts. Yet, complaints galore have followed the budget presentation. Why has it not combated weak consumption? Or weak private sector investment? Or weak employment?

Nikkei share average fell nearly 1% on Wednesday, while bank stocks rallied following local media reports that the Bank of Japan was mulling an imminent interest rate hike. The Nikkei was down 0.9% at 38,186.48, as of 0055 GMT, while the broader Topix lost 0.5%.