President Financial News
14.05 / 01:03
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Are US interest rates high enough to beat inflation? The Fed will take its time to find out
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year
14.05 / 01:03
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Microsoft pledges $4.3 billion investment at Macron’s ‘Choose France’ summit
Microsoft has announced its most substantial commitment yet to France
14.05 / 01:03
14.05 / 01:03
markets
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Manufacturing
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Small, well-built Chinese EV called the Seagull poses a big threat to the US auto industry
A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling
14.05 / 01:03
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Amid blinding economic sandstorm, just two-fifths of investors have a retirement target
A recent survey by Nationwide reveals that economic uncertainty has significantly impacted American investors’ retirement expectations, with many altering or abandoning their retirement savings targets.
14.05 / 00:19
Waters
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Wonderful Co. sues California over law aimed at making it easier for farmworkers to unionize
President Joe Biden and Newsom, makes a host of products recognizable to most grocery store shoppers, including Halos mandarin oranges, Wonderful Pistachios, POM Wonderful pomegranate juice and Fiji Water brands. Farmworkers aren’t covered by federal rules for labor organizing in the United States.
13.05 / 22:03
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Jerry Seinfeld’s commencement speech spurs student walkout at Duke University
As comedian Jerry Seinfeld took the stage at a commencement ceremony at North Carolina’s Duke University on Sunday, several pro-Palestinian student protesters staged a walkout in their caps and gowns.
13.05 / 19:09
markets
UPS
Election
Trade
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reports
Potato prices likely to be on hot plate till year-end
potato prices will likely continue to pinch Indian households until the new crop comes to the market in December. Tomato prices have fallen by 40% in the past two days at Delhi's Azadpur Mandi, the largest fruit and vegetable wholesale market in Asia, due to increased arrivals from Himachal Pradesh, Rajasthan, Uttar Pradesh, Haryana and Punjab, traders said. On the contrary, potato traders said prices will firm up further by another 5-10% as untimely rains have affected the tuber crop and because of cold storage owners releasing potatoes in a way so that the stock can meet domestic consumption till the arrival of the new crop. Trade sources from Uttar Pradesh, the largest producer of potatoes, said the government has already launched a drive to see whether the cold storage facilities in Agra, the centre of the state's potato trade, were hoarding the tuber to jack up prices. «Once the election is over, there will be state-wide monitoring of the movement of potatoes,» one of them said.
13.05 / 18:51
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Progressive
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Argentina will get next installment of bailout as IMF praises Milei's austerity policies
bailout program, endorsing government austerity measures so severe they even surpass the terms of its $43 billion loan. The IMF deal follows the completion of its review of Argentina's compliance record and confirms the next $792 million payment will become available to the government in June, reassuring markets and boosting confidence among bankers about Argentina’s prospects as it goes through its worst economic crisis in two decades.
13.05 / 18:11
Citi
economy
Coronavirus
President
show
social
reports
How does ' throwing eggs' help new investment in China? Executive order of Joe Biden gets sidelined
card game is helping investment agencies in China stay afloat as US investment towards the world's second-largest economy led by President Xi Jinping, keeps falling through the cracks due to a recent executive order by current US President Joe Biden. The executive order signed by US Prez Biden back in August 2023, restricts American investment in China in significant sectors including artificial intelligence, quantum computing and other technology-based services. This has led to a void for Chinese companies and investment agencies as they are looking at raising funds to keep themselves afloat as the US investments keep pulling out. However, card game, Guandan, also known as 'throwing eggs' has come to the rescue of the Chinese, according to an NBC report.
13.05 / 17:51
13.05 / 17:41
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Ex-Bihar Deputy CM Sushil Kumar Modi dies months after cancer diagnosis
Also Read: Sushil Kumar Modi dies: Bihar Deputy CM Vijay Sinha says 'irreparable loss for the entire BJP' “May God grant eternal peace to the departed soul and give strength to the family in this hour of grief," Sinha added. Modi, 72, was listed by the BJP as one of its star campaigners for Lok Sabha elections in Bihar. However, on April 3, Modi said he was diagnosed with cancer six months ago and had told everything to Prime Minister Narendra Modi, adding, he would not be participating in the BJP's Lok Sabha poll campaign.
13.05 / 17:29
markets
Citi
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Schools
Zomato logs fourth straight quarter of profit at Rs 175 crore
delivery company Zomato on Monday reported a fourth straight quarter of net profit compared with a loss a year earlier, but its shares fell as the performance missed market expectations.
13.05 / 17:29
13.05 / 17:19
markets
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wellness
Trade
President
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Declining Canadian economy, dollar mean investors should add protection to their portfolios
There is a lot of uncertainty for the average Canadian these days, including trying to navigate a complex macro-economic environment that is already starting to have a material impact on their overall financial well-being.
13.05 / 17:17
13.05 / 17:11
UPS
President
DAL
stage
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PM Modi holds roadshow in Varanasi, to file nomination on Tuesday
Varanasi (UP): A day before filing his nomination papers from the Varanasi Lok Sabha seat, Prime Minister Narendra Modi held a six-kilometre-long roadshow on Monday evening and said the warmth and affection of people is «unbelievable». People lined the barricaded roads, some of them holding saffron flags, balloons and small «trishuls». Small stages were set up along the route where cultural performances were held. Cutouts of famous people from Kashi were installed in many places.
13.05 / 17:11
markets
Action
Trade
President
reports
Situation remains tense in PoK as strike enters 4th day; Pakistan PM allocates Rs 23 billion grant to quell protests
Pakistan-occupied Kashmir as the total strike against high prices of wheat flour and inflated electricity bills and taxes entered its fourth day on Monday, forcing the Pakistan government to allocate Rs 23 billion for immediate release to the region to quell a simmering unrest. The disputed region witnessed clashes on Saturday between the police and activists of a rights movement, leaving at least one police officer dead and injuring over 100 people, mostly policemen. A complete strike has also been observed in the territory since Friday, bringing life to a halt.
13.05 / 17:01
wellness
President
social
hospital
reports
Department
peace
Kerala news: Why Arali flower offerings, also known as oleander, is banned in temple
Also Read:Northern lights spotted in Kerala? Netizens react to hilarious post on social media The decision to ban oleander flower was taken by Travancore Devaswom Board (TDB) which is entrusted with the task of administrating 1,248 temples and Malabar Devaswom Board with over 1,400 temples under its jurisdiction. Watch | Kerala Governor Arif Khan finds 'immense peace' at Ayodhya's Ram Mandir; ‘Feels great' in presence of Lord Ram According to PTI report, the decisions was taken after incidents reported in Alappuzha and Pathanamthitta. In Alappuzha, a woman allegedly died after consuming Arali flowers and leaves.
13.05 / 16:07
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Interviews
Headlines
Argentine President Javier Milei branded 'traitor' over his comment on Falkland. Tension simmers again
Falkland has once again hit the headlines and it is most likely to stir the passion of the people living on the island. After Argentina’s President Javier Milei said that British Foreign Secretary David Cameron has “every right” to visit the Falkland Islands as they are “in the hands of the United Kingdom, he has been branded as a 'traitor'.
13.05 / 16:07
UPS
Election
President
rights
Lok Sabha polls: 57.55 per cent voter turnout recorded till 6 pm in UP
voter turnout of approximately 57.55 per cent was recorded till 6 pm on Monday in Uttar Pradesh where polling was held in 13 Lok Sabha constituencies in the fourth round of the seven-phase general elections. Polling was held between 7 am and 6 pm.
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