President Financial News
30.05 / 17:23
UPS
MET
President
information
Investigations
BJP demands ST welfare minister's removal, CBI probe into alleged Rs 187 crore fund transfer
BJP state party president BY Vijayendra on Thursday demanded that Scheduled Tribes Welfare Minister B Nagendra be sacked and that the state hand over the case of an alleged illegal fund transfer by the department’s corporation to various bank accounts to the CBI for a probe. The BJP, he warned, would launch a statewide agitation over the issue, if its demands were not met within a week. “It is not enough to suspend two or three officials in connection with the Valmiki Development Corporation scam,” he said. He was referring to the government suspending officials after a Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation (KMVSTDC) officer’s alleged suicide over his seniors’ corruption. The officer, Chandrashekhar, 52, had alleged in his “death note” on Sunday that the funds up to Rs 187.33 crore had been allegedly transferred to various accounts following pressure by the managing director of the corporation. He had named Corporation's managing director J G Padmanabh, accounts officer Parashuram G Durugannavar and Union Bank of India chief manager Suchismita Rawal in the note. He had also said that the orders were originally given by the department’s minister orally.
30.05 / 16:49
UPS
FIVE
Election
President
Interviews
Lok Sabha elections 2024: PM Modi held 206 rallies; Rahul, Priyanka Gandhi notched up just over 100
PM Narendra Modi also gave nearly 80 interviews to the media, The Hindu quoted sources in the Prime Minister’s Office as saying. The results of the Lok Sabha elections 2024 will be declared on June 4.According to News18, PM Modi attended five events in a single day for three days, and on 22 days, he addressed four events daily.Uttar Pradesh, which sends maximum number of Parliamentarians, saw as many as 31 rallies by the prime minister.
30.05 / 16:21
Provident
Platform
Gap
wellness
President
cover
reports
Facet forges tech tie-up to enhance estate planning
Facet, a fintech company that provides fee-only financial advice through a subscription-based model, is boosting its ability to offer estate planning services through a new strategic partnership.
30.05 / 14:27
Man
economy
Election
community
President
reports
Headlines
Headline: Elon eyes White House role! Donald Trump may make Musk an advisor; both speak several times a month, says report
Elon Musk has been in touch with former US President Donald Trump. It may be offered an advisor position in the White House, assuming that Donald Trump and the Republicans win the upcoming US Presidential Elections in November 2024. Other reports indicate that the former US president still needs to work out the details, which may not materialize. However, the two individuals are in touch and have been holding regular conversations in recent months.
30.05 / 14:11
Strategy
Sustainability
BlackRock
President
rowing
Poppy Allonby exits T. Rowe Price to lead Church Commissioners for England endowment fund
Allonby succeeds Tom Joy, who left in early April to pursue a new CIO position overseas. T. Rowe Price red flags Japanese Equity fund as underperformance persists In her role at T.Rowe Price, Allonby was vice president and head of the ESG enablement team, overseeing the firm's sustainability strategy and execution. Prior to that, she worked for over two decades at BlackRock, where she headed the global product group from 2017 to 2020, covering product development, structuring, strategy and pricing. Between 2014 and 2022, she was part of the Church Commissioners' board of trustee...
30.05 / 13:07
Blockchain
Digital
Election
President
Bitcoin
innovations
Crypto’s New Champion? Donald Trump’s Surprising Shift in 2024 Campaign
Donald Trump has officially launched his campaign for the 2024 presidential election, seeking a non-consecutive second term in office.
30.05 / 12:21
Cooper
community
Trade
President
War
International
Xi pledges more Gaza aid and talks trade at summit with Arab leaders
Chinese President Xi Jinping is calling for the establishment of an independent Palestinian state and promising more humanitarian aid for people in Gaza
30.05 / 12:21
COST
Provident
BLOCK
economy
President
country
Qatar's offer to build 3 power plants to ease Lebanon's electricity crisis is blocked
Lebanon's caretaker economy minister says the country's rulers, fuel companies and private electricity providers have blocked an offer by gas-rich Qatar to build three renewable energy power plants to ease the crisis-hit nation’s decades-old electricit...
30.05 / 12:01
Citizens
Election
WhatsApp
President
country
inclusion
inequality
Kharge accuses BJP, PM Modi of "divisive" LS campaign, says INDIA alliance will form government
BJP of making efforts to mislead the people on religious and divisive issues in the Lok Sabha election campaign, Congress president Mallikarjun Kharge said on Thursday that Prime Minister Narendra Modi in his speeches over the past 15 days «did not speak a word» on unemployment and price rise even as he mentioned «Modi» 758 times, Congress 232 times and referred to INDIA alliance 573 times. Addressing a press conference here, Kharge expressed confidence of the INDIA bloc forming the government after the Lok Sabha polls and said they will take everyone along. He accused the Election Commission of not acting on «divisive» speeches by PM Modi
30.05 / 10:55
markets
Digital
Platform
Strategy
President
2020
HSBC leads Series A round in MarketNode
Since 2020, MarketNode and HSBC have jointly participated in MAS’s Project Guardian initiative, Singapore’s fund settlement infrastructure Fundnode, and several digital bond initiatives.Rehan Ahmed, president, Marketnode, comments: "HSBC’s support represents the natural extension of our collaboration across multiple asset classes since Marketnode’s inception. The marriage of Marketnode’s FMI operational expertise and HSBC’s market leading global platform represents a unique opportunity to shape the next generation of trusted and neutral market infrastructure.
30.05 / 08:17
UPS
Provident
CEO
Strategy
President
reports
UBS overhauls wealth management leadership in wider board shake-up
LONDON — UBS on Thursday announced a shake-up of its executive board in the latest phase of a radical overhaul of the Swiss banking giant, following its takeover of fallen rival Credit Suisse.
30.05 / 04:41
Man
Election
President
rock
inclusion
Interviews
INDIA bloc to pick PM within 48 hours, party with maximum seats 'natural claimant' to leadership: Jairam Ramesh
INDIA bloc will get a "decisive mandate" in the Lok Sabha polls and may take even less than 48 hours to decide on its prime ministerial pick, Congress leader Jairam Ramesh said on Thursday, asserting that it stands to reason that the party which gets the maximum seats in the alliance will be a «natural claimant» for its leadership. In an interview with PTI on the last day of campaigning for the seven-phase Lok Sabha polls, the Congress general secretary exuded confidence that the Indian National Developmental Inclusive Alliance (INDIA) will get seats «well above» the 272-mark needed for a majority in the Lower House. Ramesh also said that when the INDIA 'janbandhan' parties will get the people's mandate, then some NDA parties may join the coalition and the Congress high command will have to decide whether to include them in the alliance or not. Asked whether post-polls doors will remain open for NDA allies such as JD(U) chief Nitish Kumar and TDP president N Chandrababu Naidu, the Congress leader said, «Nitish Kumar is the master of 'palti (volte-face)'.
30.05 / 04:37
ETF
CEO
Coindesk
President
Bitcoin Options
Bitcoin
track
New York Stock Exchange to Launch Bitcoin Options Products
The New York Stock Exchange (NYSE) on Wednesday announced its intention to introduce cash-settled spot Bitcoin options, pending regulatory clearance.
30.05 / 01:59
markets
Target
Research
trends
President
Experts
recommendations
Buy or sell: Vaishali Parekh recommends three stocks to buy today — May 30
Buy or sell stocks for today: Following weak global market sentiments on soaring crude oil prices due to heightened tensions in the Middle East, the Indian stock market ended lower for the fourth straight session. The Nifty 50 index lost 183 points and closed at 22,704, the BSE Sensex finished 667 points lower at 74,502 whereas the Bank Nifty index crashed 640 points and ended at 48,501.
30.05 / 00:59
COST
FIVE
Fighting
McDonald’s
President
reports
McDonald's: $18 Big Mac meal was 'exception,' news reports overstated price increases
McDonald’s is fighting back against media reports it says have exaggerated its price increases
30.05 / 00:59
COST
Target
economy
Remark
pandemic
President
show
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of recent remarks by Fed officials underscoring their intention to keep borrowing costs high as long as needed to curb persistently elevated inflation
29.05 / 20:39
UPS
Waves
Food
President
country
Department
Updates
US opens up banking to private Cuban businesses as it aims to boost private sector
The U.S. is lifting some financial restrictions on Cuba in a move designed to boost private businesses on the island
29.05 / 20:25
Provident
Election
WhatsApp
President
2020
Profiles
Jill Biden: US must choose 'good' over 'evil', it has nothing to do with age, Donald Trump will bring chaos
ABC’s ‘The View’, hosted by Sunny Hostin, US First Lady Jill Biden said in the most unambiguous words that the US has to choose between good and evil in the 2024 Presidential Election. She discussed a range of issues, including the upcoming US Presidential Elections. The First Lady exuded confidence when asked about her husband’s victory for the second time. She dismissed the Republican Party and its Presidential contender Donald Trump, who is also Joe Biden’s predecessor.
29.05 / 20:13
UPS
Citi
Progressive
Southern
President
War
Qatar's ruler looking to invest in energy, ports and high-tech in Cyprus, official says
The emir of Qatar is looking to invest in energy and high-tech in Cyprus — projects seen as having a strong economic potential
29.05 / 20:13
UPS
Progressive
President
country
Commentary
Russia's wealthy elite could face higher income tax as authorities propose a new, progressive system
Russia’s wealthy elite could face higher income taxes
29.05 / 20:13
COST
UPS
Citi
Manufacturing
Southern
President
New Jersey and wind farm developer Orsted settle claims for $125M over scrapped offshore projects
Danish wind farm developer Orsted will pay New Jersey $125 million to settle claims over the company’s cancellation of two offshore wind farms last year
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