President Financial News
08.06 / 02:19
08.06 / 02:19
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President Droupadi Murmu appoints Narendra Modi as PM for third term on unanimous NDA support
President Droupadi Murmu appointed Narendra Modi as next Prime Minister after a delegation of leaders from the National Democratic Alliance (NDA) submitted letters of support in his favour on Friday.
08.06 / 00:51
markets
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Sustainability
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Destinations
As Europe’s carbon tax hovers closer, India rushes steelmakers to go green
NEW DELHI : India’s steel ministry has asked all major exporters of the alloy to focus on reducing their carbon footprint as the European Union prepares to tax companies that do not meet its environmental standards. The EU’s carbon border adjustment mechanism, or CBAM, proposes a tax on embedded carbon imports from sectors including steel, aluminium, cement, hydrogen, electricity, and fertiliser from 1 January.
07.06 / 23:49
UPS
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President
reports
rights
Scandals
After editor's departure, Washington Post's publisher faces questions about phone hacking stories
The Washington Post's new CEO and publisher, Will Lewis, is facing questions about whether he made recent efforts to conceal his involvement in the aftermath of a British phone hacking scandal a decade ago
07.06 / 23:49
UPS
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country
Inside
International
Putin says he sees no current threat to Russia that warrants the use of nuclear arms
President Vladimir Putin says that he sees no current threat to Russia’s sovereignty that would warrant the use of nuclear weapons but has again warned that Moscow could send arms to countries or groups to strike Western targets
07.06 / 23:49
COST
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economy
Highways
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prevention
Real-world mileage standard for new vehicles rising to 38 mpg in 2031 under new Biden rule
New vehicles sold in the U.S. will have to average about 38 miles per gallon of gasoline in 2031 in real-world driving, up from about 29 mpg this year, under new federal rules unveiled Friday by the Biden administration
07.06 / 20:33
Platform
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War
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social
What did Hillary Clinton say on D-Day that she came under scathing attacks? Details here
Joe Biden is coming under tremendous pressure for his old age and being lagging behind Republican rival Donald Trump in surveys, Hilary Clinton has triggered a controversy. The former first lady took to social media platform X to observe the 80th anniversary of D-Day and received strong backlash on Thursday. She wrote in a post, «Eighty years ago today, thousands of brave Americans fought to protect democracy on the shores of Normandy. This November, all we have to do is vote.»
07.06 / 20:33
Fighting
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Sporting
UFC Fight Night June 8: Main card, where to watch Jared Cannonier vs Nassourdine Imavov
UFC Fight Night will be headlined by the match between Jared Cannonier and Nassourdine Imavov. The event will be held on Saturday at KFC Yum! Center in Louisville, Kentucky.
07.06 / 19:39
Career
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Equality
Decades-old NDA a natural alliance: Modi
Prime Minister Narendra Modi emphasised at the first NDA parliamentary party meeting of the 18th Lok Sabha on Friday that the grouping has lasted over three decades because it is a «organic alliance” dedicated to nation-building. Modi, who will lead a coalition government for the first time in his career, noted that the NDA has lasted over 30 years and is India's most successful pre-poll coalition.
07.06 / 18:39
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Manufacturing
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pandemic
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show
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NOT
Labour shortage hits Tiruppur apparel units as migrant workers who went home to vote not willing to return
labour shortage as thousands of migrant workers who went back to their homeland to cast votes in the just-concluded Lok Sabha elections are not willing to return. The crisis comes at a time when export enquiries from the US are showing early signs of recovery.
07.06 / 18:39
07.06 / 18:39
Waves
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track
Inside
travelers
Org weakness, switching candidates, stoppage of MNREGA funds hurt BJP
Organisational weakness, switching candidates in seats it won in 2019, stoppage of MGNREGA and other central scheme funds, and Trinamool Congress pointing fingers at the central deprivation led to BJP's debacle in West Bengal, party insiders said.
07.06 / 17:37
security
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place
Narendra Modi's oath taking ceremony to take place on June 9; Here's all you need to know
oath of office and secrecy to Narendra Modi and the Union Council of Ministers on June 9 at Rashtrapati Bhavan. Modi is set to begin his third consecutive term as Prime Minister, a historic moment in Indian politics. The ceremony, attended by thousands of dignitaries, will feature extensive security measures to ensure safety.
07.06 / 17:37
FIVE
Assurant
Election
President
track
rights
NDA elects Modi as PM, head of coalition and Leader of the House in Lok Sabha
President Droupadi Murmu appointed Narendra Modi as the next Prime Minister of India after a delegation of leaders from the National Democratic Alliance (NDA) submitted letters of support in his favour on Friday. The alliance had earlier unanimously chosen him for the post of Prime Minister, head of the grouping and leader of the house in the Lok Sabha through a resolution passed at the parliamentary party meeting.
07.06 / 15:19
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Cycling
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International
The ECB’s leap ahead of the Federal Reserve
The European Central Bank on Thursday became the most important developed-country monetary authority to start cutting interest rates in this cycle. President Christine Lagarde believes she’s addressing the risk of recession in the eurozone, but this decision creates others. The ECB cut its main policy rate by 0.25 percentage points, to 3.75%.
07.06 / 13:03
MET
Booking
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poverty
Narendra Modi touches Constitution book to forehead, says ‘every moment of my life is dedicated to…’
Also Read: Election Results 2024: ‘INDIA bloc never worked for the nation,’ says Nitish Kumar at NDA meet ahead of Modi's 3rd term“Every moment of my life is dedicated to upholding the noble values enshrined in the Constitution of India, given to us by Dr. Babasaheb Ambedkar," said Modi.He further added that it is only due to the Constitution that a person like him, born into poverty and in a backward family, is able to serve the nation.“Our Constitution gives crores of people hope, strength and dignity," Modi said.Today, later in the day, Modi is scheduled to meet President Droupadi Murmu at the Rashtrapati Bhawan to stake claim to form the government.Also Read: ‘INDIA will fight against fascist BJP rule led by Modi’, says Kharge, invites all who ‘share commitment to Constitution’Earlier in the day, Rajnath Singh proposed Narendra Modi's name as the leader of the NDA Parliamentary Party.
07.06 / 12:11
Booking
Williams
Extreme
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Monarchy
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rowing
Prince Harry to pen another memoir? Royal commentator says 'it would induce new stress for his family'
No invitation for Prince Harry and Meghan Markle for King Charles' birthday, second year in a row of exclusionWhile Cohen believed the second memoir is conceivable given the scant coverage in the first book of his wedding to Meghan Markle. “This raises significant concerns.
07.06 / 11:59
FIVE
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What are the biggest challenges for UHNWIs and how can multi-family offices help?
Ultra-high-net-worth individuals and their families are facing some big challenges and many are seeking the counsel of multi-family offices to help them navigate uncharted waters.
07.06 / 11:53
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Fighting
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War
country
Biden apologizes to Ukraine's Zelenskyy for monthslong holdup to weapons that let Russia make gains
Biden on Friday for the first time publicly apologized to Ukraine for a monthslong holdup in American military assistance that let Russia make gains on the battlefield, as Ukrainian President Volodymyr Zelenskyy appealed for bipartisan U.S. support «like it was during World War II.»
07.06 / 11:53
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NATO chief says 'no immediate military threat' against alliance
NATO Secretary General Jens Stoltenberg said Friday that there were «no immediate military threat» against any member of the alliance, after the Kremlin has accused the West of potentially escalating the war in Ukraine.
07.06 / 11:42
Provident
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shooting
country
As Zelenskyy visits for D-Day, Macron promises Ukraine Mirage aircraft to fend off Russian attacks
French President Emmanuel Macron says France will provide Ukraine with its Mirage combat aircraft to be able to defend their country against Russian aggression
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