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Subscribe to enjoy similar stories. New Delhi: Shorn of negotiator parlance, the latest edition of the Conference of Parties (COP29) can be summed up with the one-liner from the movie Jerry Maguire: Show me the money. In Baku, Azerbaijan, ground zero of oil wells and an unlikely milieu for the pursuit of a cleaner planet, traditional negotiating blocs sparred and wrangled over a fortnight for a decision on climate finance. The quantum of money—and more so, its nature—was at the crux of the negotiations to mobilize capital to address climate change.

Oreshnik hypersonic missile to attack «decision-making centres» in Kyiv in response to Ukraine's firing of Western missiles at Russian territory, President Vladimir Putin said on Thursday. Russia has not so far struck Ukrainian government ministries, parliament or the president's office in the course of the 33-month war. Kyiv is heavily protected by air defences, but Putin says the Oreshnik, which Russia fired for the first time at a Ukrainian city last week, is incapable of being intercepted — a claim greeted with scepticism by Western experts.

Subscribe to enjoy similar stories. Elon Musk’s influence over federal spending will flow through a White House budget office that helps develop regulations that affect his business empire. President-elect Donald Trump has asked Musk, chief executive officer of Tesla and SpaceX, and Vivek Ramaswamy, the biotech entrepreneur who ran for president, to open a Department of Government Efficiency that will suggest ways to cut spending.

Subscribe to enjoy similar stories. When the Biden administration said in March that it supported legislation that could ban TikTok, Tony Sayegh jumped into action. Sayegh, the head of public affairs at one of TikTok’s biggest investors, had become an unofficial adviser to the Chinese-owned social-media giant as it navigates survival in the geopolitical crosshairs of the world’s two superpowers.

sugar industry. NFCSF President Harshvardhan Patil warned that the «misinformation» could potentially disrupt sugar sales, particularly among major buyers like Coca-Cola and Pepsi, who might be pressured to avoid purchasing sugar from Maharashtra and Gujarat. «The media report is far from ground realities,» Patil told reporters, emphasising that the federation has already reached out to the US Consulate, Union Home Ministry, and Prime Minister's Office. An investigation is currently underway. Explaining the unique harvesting practices, Patil highlighted the difference between southern and northern states. In Maharashtra and Gujarat, manual harvesting remains prevalent, with skilled workers supplied by middlemen called 'mokadam' who are responsible for recruiting and transporting labourers.

Honasa Consumer, the parent of beauty and personal care brand Mamaearth, on Thursday said it has elevated Vipul Maheshwari to senior vice president of product and data analytics. An IIT Delhi alumnus, Maheshwari has been with Honasa for more than four years, specialising in analytics and data science. He also had stints at Delhivery and Global Analytics India Pvt Ltd. Maheshwari will continue to lead integration of advanced analytics for product development as the company sharpens focus on data-driven innovation to monitor business performance.

Higher interest rates should help prevent NIM contraction, and higher inflation could drive credit growth by an additional 100-150 bps, says Santosh Pandey, President & Head at Nuvama Professional Clients Group. Banks are currently trading at reasonable valuations, Pandey said as he opines that higher interest rates could benefit banking stocks, assuming no major surprises in asset quality. Excerpts:

Indian Diaspora Studies (FIIDS), an Indian-American organisation, has urged US leaders to address the rising violence against minorities in Bangladesh. In letters sent separately to President Joe Biden and former President Donald Trump, FIIDS raised concerns about the safety of minorities, particularly Hindus, in the country. Khanderao Kand, FIIDS President, in his letter to Donald Trump, wrote, «Bangladesh is rapidly descending into a radicalised Islamic state, all under the watch of the US, the State Department, and the UN who must act now to restore democracy and protect minorities. I request not only President Biden but would urge President Trump and his transition team to give priority to restoration of peace and protect minorities in Bangladesh.» In another letter addressed to President Biden, Kand emphasised the importance of protecting vulnerable populations for Bangladesh's democratic progress. He stated, «Bangladesh's progress as a democratic and inclusive society depends on safeguarding the rights of all its citizens, including its most vulnerable populations. We trust that your leadership will champion these values and help restore hope for those who continue to face oppression and displacement.»

Across what was once South America’s second-largest producer of natural gas, everyone is searching for fuel

Mark Zuckerberg met Wednesday with President-elect Donald Trump in a rare face-to-face encounter, the latest attempt by the Meta CEO to establish a positive rapport with Trump. The meeting, confirmed by three people with knowledge of the matter, was initiated by Zuckerberg, who has had a strained relationship with Trump over the past decade. Trump, who has long maintained that Meta has unfairly restrained him and other conservatives across its social media apps, has lobbed broadsides against Zuckerberg on social media and during stump speeches. Zuckerberg flew in to West Palm Beach, Florida, on Tuesday evening before joining Trump at his hotel and club, Mar-a-Lago, on Wednesday, according to the people, who spoke on the condition of anonymity because they were not authorised to discuss the meeting. The two men largely exchanged pleasantries, with Zuckerberg congratulating Trump on winning the presidency.

In Silicon Valley, tech leaders are eagerly seeking positions or introductions to the department, even though for now it is not an actual part of government, but a loose grouping that Elon Musk named after an internet meme. On his social media platform, X, Musk posted a «Godfather»-style photo of himself as the «Dogefather,» asking government employees, «What did you get done this week?» And in Washington, a House subcommittee has been announced to help push through President-elect Donald Trump's vision, announced Nov. 12, for a department that would slash the $6.7 trillion federal budget.

Vedanta Ltd. shares will be in focus on Thursday after Moody's Ratings said it has upgraded the corporate family rating of Vedanta Resources Ltd (VRL) following its successful liability management exercises. The rating agency has upgraded the corporate family rating of the company from B3 to B2. Moody's has also upgraded the rating on the senior unsecured bonds issued by Vedanta Resources to B3 from Caa1. «The rating upgrade follows VRL's successful liabilities management exercises, with the company raising USD 800 million in its second bond issuance since September 2024,» Nidhi Dhruv, Moody's Ratings Vice President and Senior Credit Officer said.

Two days after President-elect Donald Trump threatened to impose sweeping new tariffs on Canada and Mexico as part of his effort to crack down on illegal immigration and drugs, he says he spoke with the Mexican president and she “agreed to stop Migrati...

Trump campaigned on a platform of ushering a swift end to the Ukraine war, boasting that he would quickly mediate a ceasefire deal between President Volodymyr Zelensky and Russian leader Vladimir Putin. But his critics have warned that the incoming Republican will likely leverage US military aid to pressure Kyiv into an agreement that left it ceding occupied territory permanently or agreeing not to join NATO.

Subscribe to enjoy similar stories. The ceasefire between Israel and Hezbollah in Lebanon could not have come a moment too soon, especially since Tel Aviv had seemed determined to pursue its war against the Iran-backed militia with the same intensity as its campaign against Hamas in Gaza.

Donald Trump loved to use tariffs during his first presidency

Several states in Brazil are trying to rid themselves of rainforest protections, bowing to pressures from cattle ranchers and soybean growers to cut forest and expand agriculture as much as possible

US Vice President Kamala Harris's defeat to US President- elect Donald Trump in the recent US Presidential elections; numerous factors are being analyzed to understand the loss. According to CNN, several supporters are eventually grappling with the implications of Donald Trump's victory, specifically given that he won less than half of the popular vote but secured all swing states. CNN reported that prominent figures like Rev. William J. Barber II placed an argument that both racism and sexism played significant roles in the US Presidential election outcome alongside economic concerns that resonate with the working-class voters. Also Read: Billboard ranks Taylor Swift as the No. 2 greatest pop star of the 21st century, who will be No. 1? This singer's name is doing the rounds

US Constitution, US President- elect Donald Trump will receive an annual salary of $400,000, as determined by Congress. According to GO Banking Rates, in addition to this base salary, the US President is entitled to several allowances that enhance his financial package. These allowances include a $50,000 presidential expense account for personal and professional expenses, a $100,000 travel fund for official travel and an entertainment budget of $19,000 per year for hosting events. Also Read: Do Queen Camilla and Kate Middleton have a tense relationship? Her role in the monarchy may be re-evaluated when William becomes the king

Congress accused the Centre on Wednesday of collecting more than Rs 36 lakh crore from people's pockets through petroleum products in the last five years. Congress president Mallikarjun Kharge alleged that instead of increasing funds for welfare schemes, the Narendra Modi government has continuously reduced allocation by «manipulating data and tampering with facts». «By imposing excessive taxes, duties and cess on petrol and diesel, the Modi government has looted lakhs and crores of rupees from the common people. According to the answer to a question asked in Parliament, the government has collected more than Rs 36 lakh crore from people's pockets in the last 5 years,» Kharge said in a post on X. «This government is an expert in closing down old schemes, sometimes changing the names of Congress schemes and calling them new and sometimes trying to garner accolades by changing the names of its own schemes repeatedly.

Chicago Federal Reserve Bank President Austan Goolsbee opens up about the impact of the Federal Reserves moves on The Claman Countdown.