President Financial News

One of President Joe Biden’s signature laws aimed to invigorate renewable energy manufacturing in the U.S. It will also help a solar panel company reap billions of dollars

Kenya's president says he won’t sign into law a finance bill proposing new taxes that prompted thousands of protesters to storm the parliament on Tuesday

DK Shivakumar on Wednesday said that the price of milk has been hiked in the interest of farmers and opposition to it by the BJP only demonstrates its anti-farmer stance. Speaking to reporters at Vidhana Soudha, he said, «BJP has once again demonstrated that it is anti-farmer by opposing the milk price hike. A hike of Rs 2 per litre has been done to benefit the farmers. The quantity of milk has also been increased proportionately. Price hikes should not be politicised, the decision has been taken as input costs for farmers have gone up. The price of milk in the state is still lower than in other states.» Asked about the statement of the KMF Chairman that the proceeds from the price hike won't go to farmers, he said, «Farmers are KMF. In my opinion, prices should have been hiked some more. Farmers are in distress and are selling their cattle. Let them check the prices of milk in other states and then talk about this.»

joint sitting of Parliament today, which will be her first presidential address after the formation of the third National Democratic Alliance (NDA) government. Following the President's address, a motion of thanks will be moved in both Houses of Parliament, which will be discussed by the members. The first session of the 18th Lok Sabha began on Monday and the Rajya Sabha session will start from today.

Nifty and Sensex extended their winning streak to a second day of fresh all-time highs on Wednesday, led by investor appetite for bluechips such as Reliance Industries and Bharti Airtel. Market experts are bullish in their sentiment and see the Nifty crossing 24,000 levels in the near term. NSE's Nifty rose 147.5 points, or 0.62%, to close at 23,868.8 and hit a record of 23,889.90 during the day. BSE's Sensex rose 620.73 points, or 0.8%, to end at 78,674.25, having touched an intraday high of 78,759.40.

veteran leader of the Bharatiya Janata Party, Lal Krishna Advani, was admitted to the All India Institute of Medical Sciences (AIIMS) on Thursday. The BJP leader is stable and under observation, according to doctors. He was recently conferred with Bharat Ratna by President Draupadi Murmu on March 30, 2024.

Congress MP Rahul Gandhi said on June 25.Now, all eyes are on the post of Deputy Speaker, which the Opposition has been vying for since the beginning. The Lok Sabha has yet to get its deputy speaker position after it became vacant in 2019.Most opposition leaders cited a "parliamentary tradition" to claim the Deputy Speaker's post.

Payne Capital Management President Ryan Payne breaks down the latest data on the auto industry during an appearance on «Mornings with Maria.»

China on Wednesday spoke of President Mohamed Muizzu's recent visit to New Delhi and the importance of India to his country's tourism-dependent economy. The comments by Minister of Economic Development and Trade Mohamed Saeed came as Male seems to have re-oriented ties with New Delhi following President Muizzu, known for his pro-China leanings, attending Prime Minister Narendra Modi's swearing-in ceremony earlier this month. «President Muizzu reiterated that India remains our closest neighbour,» Saeed, who is attending the 15th World Economic Forum (WEF) at Dalian, told CNBC International TV in an interview.

A great philosopher once said, “live long and prosper” and while data suggests that the American population is doing better on the first part of the phrase, the second part is a concern.

An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases

A global tax on the super-rich is proposed in a new report that Brazil commissioned for its current presidency of the leading 20 rich and developing nations

The Associated Press says it is setting up a sister organization to solicit donor funding in support of local and state news, both at AP and elsewhere

Kenya’s president came to power by appealing to the common people, describing himself as a “hustler” and vowing relief from economic pain

Nicole Taylor has an insider’s view of philanthropic trends from her seat as the president and CEO of the Silicon Valley Community Foundation

A U.S. appeals court says that Smith & Wesson must comply with a subpoena from New Jersey officials investigating whether the gun-maker engaged in any deceptive advertising

The troubled artificial intelligence company behind image-generator Stable Diffusion is looking for a reshoot with a new CEO and a surge of investment from a group that includes former top executives at Facebook and Google

Former Federal Reserve Bank of St. Louis President and CEO James Bullard looks ahead to the next rate decision, unpacks jobs data and reacts to Yellen's housing development.

Malian city of Timbuktu. Al Hassan Ag Abdoul Aziz Ag Mohamed Ag Mahmoud, 46, was found guilty of war crimes and crimes against humanity, including torture and outrages upon personal dignity.

Radisson Hotel Group announced the signing of 10 new hotels on Wednesday. The company said the signings materialised over the past four days, and are spread across brands, including Radisson Blu, Radisson, Radisson Individuals, and its brand extension Radisson Individuals Retreats. The Group also entered five new markets and will be the first to open internationally branded hotels in Jawai (Rajasthan), Sagar (Madhya Pradesh), Yavatmal (Maharashtra), Ooty (Tamil Nadu) and Calicut (Kerala). The chain also signed Radisson Blu Hotel, Nathdwara Stadium, Rajasthan, featuring 234 rooms. This hotel is India's first Cricket Stadium Hotel, with 75% of its rooms offering views of the main cricket field. There are two signings under its Radisson brand — Radisson Sagar and Radisson Mohali. The chain has also signed Park Inn & Suites by Radisson, Calicut.

French consumers are feeling less confident about their prospects amid surprise elections, a fresh headwind for the country’s fragile economic recovery. A measure of confidence compiled by France’s statistics agency fell to 89 in June from 90 in May, according to a survey released Wednesday, in which a reading of 100 represents the long-term average for consumer sentiment. Consumers reported worsening feelings for the quality of living in France in the months ahead, as well as for their own future savings’ prospects and willingness to make major purchases.