President Financial News

Prime Minister Narendra Modi's letter to Phase 3 candidates, Congress president Kharge launched a scathing attack on the PM by claiming that the lies in the speeches are not having the effect intended. «From the tone and content of the letter it seems that there is a lot of desperation and worry in you which is leading you to use language that does not suit the office of the Prime Minister. The letter makes it look like the lies in your speeches are not having the effect you intended and now you want your candidates to amplify your lies. Repeating a lie a thousand times will not make it the truth,» said Kharge in the letter shared on social media X.

Congress' candidates for the Amethi and Raebareli constituencies of Uttar Pradesh, once considered a stronghold of the Nehru-Gandhi family. According to sources, Congress leader Rahul Gandhi, who is already on the Congress ticket from Wayanad in Kerala, which polled in the second phase on April 26, is likely to put himself in the fray from Amethi as well. Rahul's candidature from the seat he lost to Union Minister and BJP leader Smriti Irin 2019 will be formally announced on Thursday, and he will file his nomination from the constituency on Friday, sources said.

Russia's Defence Minister Sergei Shoigu has issued directives to ramp up weapons production for the war in Ukraine, following the recent approval of a delayed multibillion-dollar military aid package for the Ukrainian government by the United States, Al Jazeera reported. In a meeting with Russia's top military officials on Wednesday, Shoigu emphasised the imperative to enhance the volume, quality, and speed of arms production. He also instructed for the repair of units stationed on the front lines in Ukraine's eastern and southern regions to enhance their operational effectiveness, the Ministry of Defence said on the Telegram messaging app. «To maintain the required pace of the offensive… it is necessary to increase the volume and quality of weapons and military equipment supplied to the troops, primarily weapons,» Shoigu said.

India supports ‘Two-State solution’ for Israel and Palestine at UN The sight of helmeted police at two of America's most prestigious universities left some students dismayed. "I don't think we should have a heavy police force on campus," UCLA student Mark Torre, 22, told AFP as he surveyed the scene from behind metal barriers. "But more and more, day by day, I think it's a necessary evil, to at least keep safety on campus." After Columbia, police arrests over 280 demonstrators from UCLA At Columbia and at the City University of New York, where police cleared demonstrators out overnight, some students decried "rough and aggressive" tactics used by officers.

Rahul Gandhi will campaign in Karnataka on May 2 amid suspense over his candidature from Amethi seat in Uttar Pradesh. According to his campaign schedule, the Wayanad member of parliament (MP) will address a public meeting in Shimoga Lok Sabha seat at 1 pm, where he is expected to discuss key issues and party's agenda for general elections 2024. This will be followed by another public meeting in Raichur seat at 4.25 pm, where he will interact with voters.

Federal regulators say Union Pacific managers undermined their efforts to assess safety at the railroad by coaching employees on how to respond and suggesting they might be disciplined

The judge presiding over the trial of a military contractor accused of contributing to detainees' mistreatment at the Abu Ghraib prison in Iraq two decades ago is speculating that the jury may not be able to reach a verdict

Former President Donald Trump has secured another $1.6 billion worth of shares in Trump Media

Walt Disney World will host dozens of portraits of service members and veterans from the nation’s Painter-in-Chief

Freshworks said on Wednesday that founder Girish Mathrubootham will step aside as the chief executive and will take on the role of executive chairman. Meanwhile, Dennis Woodside will take over as CEO of the CRM software maker. In a post on X, Mathrubootham said, «After spending almost 14 years since founding Freshworks as a tiny startup in Chennai, to scaling it to be a global Saas player and the first Indian Saas company to list on Nasdaq, I’m excited to announce that I’m stepping into a new role as Executive Chairman of Freshworks.»

US State Department accused Russia Wednesday of having used a chemical weapon against Ukrainian forces in violation of the Chemical Weapons Convention, while also announcing fresh sanctions against Moscow. In addition to the chemical agent chloropicrin, Russia also used «riot control agents (tear gas) as a method of warfare in Ukraine, also in violation of the CWC,» the department said in a factsheet. «The use of such chemicals is not an isolated incident, and is probably driven by Russian forces' desire to dislodge Ukrainian forces from fortified positions and achieve tactical gains on the battlefield,» the State Department said.

Donald Trump used a break in his hush money trial to stage back-to-back appearances in two Midwestern battleground states Wednesday — but kept his legal woes front-and-center as he accused President Joe Biden of weaponizing the courts against him. The former Republican president, who is running for a return to the White House, rallied supporters in Wisconsin and Michigan, among the most hotly contested states in his expected rematch with Democrat Biden in November.

tech giant is expected to hire replacement workers for positions in India and Mexico, CNBC reported citing internal documents. The "core" team at Google, which develops the "technical foundation behind the company's flagship products" along with the user safety online and its global IT infrastructure, was the target of the internal job cuts, announced a day before Google's first-quarter earnings report.

Madison Ventures+ Managing Director Mitch Roschelle weighs in on skyrocketing mortgage rates and rent prices.

AlTi Tiedemann Global is offering another on-ramp to the private markets as it collaborates with a vaunted tech investment specialist.On Wednesday, the independent global wealth manager unveiled a partnership with noted technology investor Hiro Tamura to launch a new growth equity strategy focused on private growth-stage technology companies. This move marries Tamura’s expertise with AlTi’s robust platform, aiming to enhance its exposure to private-market investments in the tech sector.

Sanctuary Wealth is supercharging its appeal to independent advisors as it finalizes a transformative acquisition in Oregon.

new sanctions on hundreds of firms and people tied to Russia's weapons development program, more than a dozen Chinese firms accused of helping Russia find workarounds to sanctions and individuals tied to the death of Russian dissident Alexey Navalny. The sanctions imposed by the Treasury and State departments target Russia’s military-industrial base, chemical weapons programs and people and firms in third countries that help Russia acquire weapons components as its invasion of Ukraine has entered its third year. Treasury Secretary Janet Yellen said the action “will further disrupt and degrade Russia’s war efforts by going after its military industrial base and the evasion networks that help supply it." The sanctions come as the Senate gave final approval to legislation barring imports of Russian uranium, boosting U.S.

deepfake video but before reaching out to the suspect they have to verify about others who uploaded or forwarded it. Notices have also been served to five more people from different opposition parties for allegedly sharing the video.

Avantax, the tax-focused wealth business within Cetera’s larger organization, has significantly boosted its profile through a major acquisition.

Amit Shah on Wednesday said the Bharatiya Janata Party will never do away with reservations for Scheduled Tribes, Scheduled Castes and Other Backward Class, nor will it allow the Congress to do so. Congress' tactic was to lie repeatedly, he alleged, and advised its president Mallikarjun Kharge not to speak lies for the sake of the «family» (referring to Nehru-Gandhi family) as eventually he would be blamed for its loss in the Lok Sabha elections. Speaking at a rally at Katghora town in Chhattisgarh in support of Saroj Pandey, the BJP candidate from the Korba constituency, Shah accused Congress of nurturing terrorism and Naxalism to win elections. «Congress has one formula — speak lies loudly, publicly and keep repeating them. They say if (prime minister Narendra) Modi gets majority for the third term, he will scrap reservations. They circulated my fake video. We have been in power for ten years, Modi did not remove reservations, nor will he ever do it,» the BJP leader said. The PM used his majority in Parliament to scrap Article 370 and ban triple talaq, construct the Ram temple in Ayodhya and introduce the Citizenship (Amendment) Act, he said. «I have come to give you Modi's guarantee that as long as there is even one BJP MP in Parliament, we will neither remove the reservation for STs, SCs and OBCs, nor will we allow the Congress party to do so,» the Union minister added.

Shiv Sena and the Uddhav Thackeray led outfit will battle it out in three seats. While two seats will witness fights between the traditional rivals — the Bharatiya Janata Party (BJP) and the Congress, in one seat the Shiv Sena (UBT) and BJP will fight it out. The six constituencies in Mumbai are Mumbai South, Mumbai South-Central, Mumbai North, Mumbai North-Central, Mumbai North-East, Mumbai North-West. These are among the 13 seats in Maharashtra that will go to polls in the fifth and final phase on May 20. Mumbai South, Mumbai South-Central and Mumbai North-West will see a fight between the two Senas, while Mumbai North-East will be a BJP versus Shiv Sena (UBT) face-off. In Mumbai South, sitting MP Arvind Sawant of the Uddhav Thackeray will take on Yamini Jadhav of the Shinde-led Sena. Jadhav represents the Byculla assembly constituency in Mumbai. Sena (UBT) leader Anil Desai is pitted against Rahul Shewale of the Shinde-led Sena in Mumbai South-Central.