President Financial News

Wealth Enhancement Group has strengthened its presence in the Northeast with its acquisition of a specialized wealth management practice in Massachusetts.

US Independence Day 2024 on July 4 is federal holiday with government offices, schools, stock market remaining closed. Americans tend to celebrate the Fourth of July with a true sense of patriotism. Generally, people hoist American flags at their houses, parades are being organised in big cities. July 4th also witnesses travelling rush every year. 4th July US Independence Day commemorates history, heritage and people of United States of America. In 1775, the people in the thirteen American colonies commenced their struggle for independence from British rule under King George III. This conflict marked the beginning of the American Revolutionary War, a fight driven by the colonists' desire for self-governance and freedom from oppressive British policies. The momentum for independence culminated on July 2, 1776, when Congress secretly voted in favor of breaking away from Great Britain, setting the stage for a historic declaration.

Rajya Sabha address in response to the Motion of Thanks to the President's address, Prime Minister Narendra Modi defended the Enforcement Directorate (ED) and Central Bureau of Investigation (CBI) actions against the opposition during the 2024 election campaign. Addressing allegations of political bias, Modi said that the government does not interfere with these agencies, stating, «Maine karwahi karne k liye khuli chooth dekh rahi hai, sarkar kahi pe tang nahi, par apna kaam imandari se kare» (I have given them full freedom to act, the government does not interfere, but they must do their work with honesty).

Indians working in the Russian army after Prime Minister Narendra Modi raised the issue with President Vladimir Putin during his Moscow visit on Monday night, a development that observers described as a diplomatic victory for India. At least four Indians have died fighting the Ukraine war. Around 61 Indians are believed to be serving in the Russian army. The PM raised the issue at a private dinner hosted by Putin on Monday evening, said people familiar with the matter.

Plastic industry is one of the leading contributors to the economy and provides a lot of employment opportunities, Chemicals & Petrochemicals Secretary Nivedita Shukla Verma said on Thursday. She inaugurated a four-day Global Conclave on Plastic Recycling and Sustainability (GCPRS) organised by industry bodies All India Plastics Manufacturers' Association (AIPMA) and the Chemicals and Petrochemicals Manufacturers' Association (CPMA) at Pragati Maidan in the national capital. The event focuses on the rising use of plastic, its impact on the environment and also on the steps needed for solutions. According to an official statement, Verma in her address commended the efforts of the AIPMA and the CPMA for organising a conclave on a topic of paramount relevance, at a time when only ten per cent of the total plastic waste generated globally was recycled.

But he added that, if his resignation is refused, he was ready to remain in office «as long as duty demands», with the Paris Olympics due to begin in three weeks.

Donald Trump. The New York Times editorial board publish and article and sent a message to the 81-year-old incumbent President to drop out of election for a second term. The Chicago Tribune echoed the same pitch and tone by asking Mr. President to culminate his quest for another tenure, a report on USA Today said. The Washington Post has asked President Biden to introspect by doing «soul-searching». The Atlanta Journal-Constitution has suggested that Biden must opt out from the race. The Economist has called for another Democratic nominee in place of Biden, USA Today reported.

Joe Biden on Tuesday announced a historic donation of air-defence equipment for Ukraine and said Russia is failing in this war. Welcoming leaders of NATO member countries for the historic summit on the occasion of its 75th anniversary, Biden said the United States, Germany, the Netherlands, Romania and Italy will provide Ukraine with the equipment for five additional strategic air-defence systems. In the coming months, the US and its partners intend to provide Ukraine with dozens of additional tactical air-defence systems, he said, adding that the US will make sure that when «we export critical air-defence interceptors, Ukraine goes to the front of the line». «They will get this assistance before anyone else gets it. All told, Ukraine will receive hundreds of additional interceptors over the next year, helping protect Ukrainian cities against Russian missile and Ukrainian troops facing air attacks on their front lines,» Biden said.

Indian benchmark indices soared to fresh all-time highs on Tuesday, led by gains in auto and pharmaceutical stocks. Analysts said the uninterrupted rise in equities since the election results on June 4 has resulted in an overbought market, although a big reversal is unlikely for the moment. NSE's Nifty rose 112.65 points or 0.46% to close at 24,433.20, having hit a lifetime high of 24,443.60 during the day. BSE's Sensex rose 391.26 points or 0.49% to end at 80,351.64, down from an intraday record of 80,397.17.

EthCC[7] the annual Ethereum Community Conference began in Brussels, Belgium. Having moved from Paris this year, the Ethereum community was out in full force to attend at an all new venue.

Karni Sena in Rajasthan's Jaipur escalated into a violent altercation on Friday. The altercation broke out between Shiv Singh Shekhawat, national president of the Rashtriya Karni Sena, and Mahipal Singh Makrana, the leader of Rajput Karni Sena, at Chitrakoot area, police said. The confrontation reportedly involved an assault, with Makrana alleging that he was attacked with the butt of a gun, they said. According to officials, Makrana was allegedly attacked with the butt of a gun by Shekhawat's gunman. Both factions have accused each other of firing, but there has been no confirmation of a shootout.

press conference after the disastrous June 27 presidential debate, Joe Biden once again made similar mistakes, for which he has been slammed in the past and asked to step aside. The press conference which was seemingly arranged to show that there is nothing wrong with him, proved to be counter-productive. Replying to the very first question, he called his Vice-President Kamala Harris "Vice-President Trump". He could not understand the mistake he had committed, his top Cabinet secretaries remained stone-faced in the front row of the audience while some reporters in the room murmured in surprise.

Congress chief Nana Patole on Saturday said the party will prepare to contest from all seats in the upcoming state assembly elections but will fight as per the seat sharing agreement with its alliance partners. Talking to reporters at his Nagpur residence, Patole said it won't be wrong if the party prepares to contest the elections from all seats as it should have its organisational structure and work everywhere. The elections to the 288-member Maharashtra assembly are due in October. «A party should have its organisational structure and work at every place. An alliance will be formed as per the seat sharing on the merits. Preparing for all seats is not wrong, and even our alliance partners are preparing the same way. We will contest the elections as Maha Vikas Aghadi (MVA),» the Congress leader said.

A closely watched measure of inflation in Argentina remained stronger than the libertarian government of President Javier Milei would have hoped

When it comes to France’s turbulent politics, the current impasse is probably the best investors could have hoped for. The second round of French legislative elections delivered a widely expected hung parliament, but not its predicted makeup: Rather than coming in first, Marine Le Pen’s far-right and anti-immigrant National Rally finished third. In a shock twist, the leftist New Popular Front alliance emerged victorious, with the party of President Emmanuel Macron and its allies in second place.

President Joe Biden’s debate debacle laid bare a disgraceful willingness to deliberately mislead the public about a subject of geopolitical significance — the failing mental capacity of the world’s most powerful person. Perpetrators of this reckless disinformation campaign include the Biden family, White House staff, Democratic members of Congress, senior Democratic Party spokespeople and the progressive mainstream media.

Ukrainian President Volodymyr Zelenskyy says he expects the upcoming NATO summit to provide specific steps to strengthen his country’s air defenses against Russia

French opposition parties are making hurried deals to try to block a landslide victory for Marine Le Pen’s far-right National Rally in Sunday’s second round of legislative elections

Three weeks after recommending investors sell five-year Treasuries, strategists at JPMorgan Chase & Co. say it’s time to pocket profits from the trade. 

Rajya Sabha midway through the PM's speech on Wednesday, said they were protesting against the Chairman and the prime minister «not allowing» Leader of Opposition Mallikarjun Kharge to intervene. Kharge said he wanted to rebut the prime minister's charge against Congress and wanted to point out who all were supporting and who all were against the Constitution when it was conceptualised by the Constituent Assembly. Flanked by leaders of INDIA bloc outside the Parliament House, Kharge said: «We walked out of the Rajya Sabha because the prime minister, while addressing the House on the President's address, told some wrong things to the House. It's his habit to lie and say things beyond the truth.

Bolivians have been hit hard by economic turmoil in the small South American nation fueled by a longtime hyper-dependence on, and now shortage of, U.S. dollars