President Financial News
10.06 / 15:33
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K Ram Mohan Naidu youngest, Jitan Ram Manjhi oldest in PM Modi's Council of Ministers
Jitan Ram Manjhi is the oldest minister to be inducted in the 18th Lok Sabha. Naidu, Srikakulam MP from Telugu Desam Party (TDP), was sworn in as a minister of state (MoS) in Prime Minister Narendra Modi's new Council of Ministers.
10.06 / 15:33
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Modi Cabinet 3.0: Here are 10 ministers who retained key portfolios
portfolios to several elected Lok Sabha members of the Bharatiya Janata Party (BJP) for Modi 3.0. Notable leaders such as Amit Shah, Rajnath Singh, Nirmala Sitharaman, and S Jaishankar have retained their key portfolios from Modi government 2.0, ensuring continuity and stability in key ministries.
10.06 / 14:45
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Chief of Air Staff to review Combined Graduation Parade at Air Force Academy in Dundigal
Combined Graduation Parade (CGP) of the 213 Officers' Course will be held on June 15 at the Air Force Academy (AFA), Dundigal, Hyderabad, the Ministry of Defence said in a release.
10.06 / 14:45
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Karnataka: Voices against guarantees get louder in Congress, putting pressure on CM Siddaramaiah
Voices within the ruling Congress calling for a reassessment of the five guarantees are getting louder after the party came a distant second in the Lok Sabha polls even after pledging Rs 52,000 crore annually on these programmes.
10.06 / 14:13
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Israel’s political turmoil bogs down US push for ceasefire
U.S. Secretary of State Antony Blinken is set to arrive in the Middle East on Monday in an effort to salvage cease-fire negotiations, as leaders from Hamas and Israel express skepticism toward President Biden’s peace plans. Blinken’s trip—which includes stops in Egypt, Israel, Jordan and Qatar—comes at a sensitive time after eight months of fighting.
10.06 / 13:11
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Vehicle registrations rise by a modest 3 per cent in May
Vehicle registrations — a proxy for retail sales — went up by a modest three percent to 2.09 million units last month with consumers delaying purchases due to election-related uncertainties and extreme heat.
10.06 / 13:11
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PM Modi-led Cabinet approves govt assistance for constructing 3 crore rural, urban houses under PMAY
NDA government in its first cabinet meeting on Monday decided to provide assistance to three crore additional rural and urban households for the construction of houses, to meet the housing requirements arising out of the increase in the number of eligible families. Under PMAY, total of 4.21 crore houses have been completed for the eligible poor families under the housing schemes in the last 10 years.
10.06 / 12:25
Election
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Destiny
Pak PM Shehbaz Sharif, his elder brother Nawaz wish Narendra Modi on taking oath as prime minister
Pakistan Prime Minister Shehbaz Sharif and his elder brother and the ruling party supremo Nawaz Sharif on Monday wished Narendra Modi for taking oath as the prime minister for the third consecutive term. In his message posted on X, Nawaz, the former prime minister and chief of the Pakistan Muslim League (PML-N), said that Modi's success in recent elections reflects the confidence of the people in his leadership and asked him to seize the opportunity to shape the destiny of the two billion people of South Asia.
10.06 / 11:59
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Modi Cabinet to reveal list of portfolios allotted to ministers
Narendra Modi on Monday will set the ball rolling for his third consecutive term by announcing the key portfolios allotted to ministers a day after their swearing-in ceremony after the first Cabinet meeting.
10.06 / 09:59
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Brazil enables the black market
Foz do Iguaçu, Brazil Fifteen miles upstream from this city, built where the Iguazu River meets the larger Paraná, are the towering Iguazu Falls. The largest of the falls and the main attraction is the “Devil’s Throat," an exhilarating and terrifying site. For a real thrill tourists can view the cascade of rapids, 492 feet wide and 269 feet high, tumbling over the precipice from a catwalk in the river.
10.06 / 09:59
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'Grossly incorrect': Suresh Gopi denies resigning from Modi 3.0 Council of Ministers
Gopi, who took oath as a minister on Sunday, now “wants to quit because he wants to do films!"“@BJP4India @narendramodi why this mockery of voters? Why don't you tell your MP to first decide what he wants to do in life, and most importantly, stop this show in front of the media after taking oath in the name of God and the constitution," the Congress Kerala post on Monday.ALSO READ: Please do not confine me to...’: What Suresh Gopi, BJP’s first MP from Kerala, expects after historic Lok Sabha winKerala BJP president K Surendran also refuted the reports that there would be a change of guard in the party unit of the southern state. He dismissed as "fake news" the reports about actor-politician Suresh Gopi allegedly expressing displeasure over not providing him with a Cabinet or MoS (Independent) charge in the Narendra Modi-led government.Suresh Gopi is a actor as well as a BJP MP from Thrissur.
10.06 / 07:23
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Two-wheeler segment grows 2.5% despite supply constraints while PVs see a decline in May 2024 sales
The Federation of Automobile Dealers Associations (FADA) today released Vehicle Retail Data for May 2024. According to the data, the Indian Auto Retail sector achieved a 2.61% YoY growth in May 2024, owing to positive rural demand due to expected good monsoon and improved finance availability kept the counters ticking.
10.06 / 06:09
10.06 / 05:25
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Stock market today: Sensex, Nifty 50 hit record high after PM Narendra Modi takes oath as PM
Grasim Industries, and Cipla supported the rally.Also Read: Paytm share price gains over 8.5% to cross ₹400 mark after 8 weeks, recovers 33.5% from all-time lowBuying was also witnessed in the broader markets as the Nifty Midcap 100 and the Nifty Smallcap 100 index traded higher. Among sectors, Nifty PSU Bank, Nifty Realty, Nifty Oil & Gas, Nifty Pharma and Nifty Auto led the gains, while Nifty IT was trading in the red.Market sentiment improved as concerns over political stability and policy continuity waned after the new government led by Prime Minister Narendra Modi was sworn in over the weekend.
10.06 / 04:25
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Bandi Sanjay Kumar sworn in as Union Minister: Everything you need to know BJP's firebrand leader
Bandi Sanjay Kumar, the former president of the Bharatiya Janata Party (BJP) in Telangana, took oath as a Union Minister in Prime Minister Narendra Modi's new government, his mother, Bandi Shakunthala, expressed overwhelming joy. «I am proud that my son has gone from gully (streets) to Delhi. My happiness cannot be described in words. I have talked to him (son) over the phone. My family and I thank PM Narendra Modi,» Bandi Shakunthala said speaking to reporters on Sunday.
10.06 / 03:11
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Sensex Today Live Updates : Muted global cues, Gift Nifty signal slow start for India markets; Mphasis, IDBI Bank eyed
Motilal Oswal Financial Services Ltd, suggests that the market will remain volatile but with an upward trend, fueled by revived hopes of a US Federal Reserve rate cut in September and the allocation of key cabinet portfolios in the new Indian government. (Read the full story here.)Sensex Today Live : Indian markets were likely to be weighed down by the muted sentiment flowing from global peers as hopes of a sooner rate cut by the US Federal Reserve faded on the back of better-than-expected labour market data in the US.Notwithstanding the boost in sentiment from the formation of a new Union government in India, Gift Nifty futures was trading at 23,310, marginally ahead of Friday's Nifty 50 close of 23,290, indicating a muted to positive opening for India on Monday.Asian stocks sank on Monday as traders heavily pared back on bets for Federal Reserve rate cuts this year given a still-tight U.S.
10.06 / 02:49
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Oil slips on dollar's strength from US jobs data
Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday. Brent crude futures and U.S. West Texas Intermediate crude futures slipped 4 cents to $79.58 and $75.49 a barrel, respectively, by 0036 GMT.
10.06 / 02:49
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Asia shares stumble; political uncertainty grips euro
Asian stocks sank on Monday as traders heavily pared back on bets for Federal Reserve rate cuts this year given a still-tight U.S. labour market, while a snap election call in France sparked wider political concerns and weighed on the euro. Trading was thinned in Asia with Australia, China, Hong Kong and Taiwan out for public holidays, but MSCI's broadest index of Asia-Pacific shares outside Japan still slumped 0.46%.
10.06 / 02:49
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2020
Modi 3.0 is here! Familiar faces, fresh additions, and the big portfolio puzzle
Narendra Modi and his team of 71 took oath in a grand ceremony at the Rashtrapati Bhavan, the record-equalling Modi 3.0 retained key faces from the outgoing govt while inducting many new ones. All eyes are now on who gets what portfolio.
10.06 / 01:39
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Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 10
Buy or sell stocks for today: Buoyed by the commentary by the dovish RBI and hike in FY25 GDP growth forecast, the Indian stock market ended higher for the third straight session on Friday last week. The Nifty 50 index gained 468 points and closed at 23,290, whereas the BSE Sensex surged 1618 points and ended at 76,693.
10.06 / 00:07
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South Korean Lawmakers Consider ‘Abolishing’ Crypto Tax Law
South Korean lawmakers may “abolish” a new crypto tax law, six months before it even comes into force.
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