President Financial News
11.04 / 15:15
11.04 / 14:45
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India can maintain 8-9% GDP growth: CII president R Dinesh
New Delhi: India can maintain a consistent 8-9% GDP growth in the coming years, and even reach double-digit annual growth between FY29 and FY31 fuelled by government spending on infrastructure, and private investment, which is expected to increase significantly in the coming years, industry body Confederation of Indian Industry's (CII) President R Dinesh said. Big-ticket land and labour reforms, as well as higher spending on health and education, apart from keeping its focus on inclusive growth in the medium to long term will also propel India as one of the fastest-growing major economies, registering a consistent high growth, Dinesh said in an interview. "We believe that the economy will register over 7.5% growth in FY25.
11.04 / 14:11
UPS
Digital
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Ameriprise picks up $2B credit union unit from LPL
Ameriprise Financial has welcomed the $2 billion AUM wealth management division of one of the largest US credit unions.
11.04 / 14:11
11.04 / 13:57
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Congress struggles to reclaim Rae Bareli, Amethi amid voter disappointment with Rahul Gandhi: ‘Woh zamana gaya…’
Kerala's Wayanad, while Sonia Gandhi made the move to Rajya Sabha, dropping out of 2024 Lok Sabha polls, leaving the Rae Bareli seat vacant. Rahul Gandhi was declared as the Wayanad candidate for Congress in the Lok Sabha polls, resting apprehensions that the Congress leader would be fielded to take on BJP's Smriti Irani again. In 2014, Rahul Gandhi has won the Amethi seat, his third time, defeating Smriti Irani.
11.04 / 13:13
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reports
Artificial Super Intelligence acting as ‘The Great Filter’ for Alien evidence? Study reveals…
Fermi Paradox have stated that the contradiction between the high probability of alien life existing and the complete lack of evidence for it, may have been tied to the AI development among human on Earth. According to a report published by Michael Garrett, it is suggested that AI's evolution into Artificial Super Intelligence (ASI) could be the ‘Great Filter’, keeping alien evidence away. The Great Filter theory says that a hurdle that intelligent life must overcome to become advanced and interstellar.
11.04 / 10:25
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Investigations
BJP worker attacked in Karnataka, party blames Congress
BJP worker sustained head injuries after he was attacked allegedly by two men with a wooden stick in Kempashettidoddi village here, police said on Thursday. Naveen CS (34), a farmer, was attacked on April 9, they said. Following the incident, BJP State President BY Vijayendra accused the Congress of attacking BJP-JDS workers and creating an atmosphere of fear. According to Naveen's family, a day before the incident, he had gone to his acquaintance Shekhar's house after some persons told him that the latter had called him. Things took a turn when Naveen did not return home that night. In his complaint, the victim's brother Shivakumar C S stated that on April 9, he got a call from someone saying that his brother was at Shekhar's house in Kempashettidoddi village. When Shivakumar and his father went there to pick Naveen up, they saw Shekhar and his accomplice allegedly fighting with Naveen, and hit him with a wooden stick on his head. The accused even tried to allegedly attack Naveen with a knife, but he survived as his brother and father intervened. The accused then fled the spot. The victim was immediately rushed to a local hospital where after initial treatment, he was shifted to another one where is currently being treated.
11.04 / 10:25
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Congress' state leadership could have bagged better deal for LS seats in Mumbai: Varsha Gaikwad
Mumbai Congress president Varsha Gaikwad on Thursday said the party's Maharashtra leadership should have pursued equal seat-sharing among the three Maha Vikas Aghadi (MVA) allies for the Lok Sabha polls to ensure a better deal in the metropolis. There are six Lok Sabha seats in Mumbai — Mumbai North, Mumbai North-Central, which have been allotted to the Congress in the seat sharing deal, while four others — Mumbai South, Mumbai South-Central, Mumbai North-East and Mumbai North-West went to the Shiv Sena (UBT). The MVA coalition in Maharashtra announced its seat-sharing arrangement for the Lok Sabha elections on Tuesday with the Shiv Sena (UBT) securing a substantial portion with 21 seats, while the Congress will contest 17 seats, and the NCP (SP) 10 seats. Talking to reporters here, Gaikwad said, «Earlier, Congress used to contest five seats in Mumbai, leaving only Mumbai North-East to the undivided Nationalist Congress Party (NCP). So we were demanding equal seat-sharing this time.»
11.04 / 10:25
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Still associated with socialist ideology: Ex-PM Chandra Shekhar's son fielded by BJP in LS polls
Chandra Shekhar's son Neeraj Shekhar, who has been fielded by the BJP from Ballia in Uttar Pradesh in the upcoming Lok Sabha polls, on Thursday said he is still associated with the socialist ideology and slammed the Samajwadi Party (SP) for allegedly doing away with the ideas of Ram Manohar Lohia. «The socialist ideology should not be linked with the SP. I am still personally associated with the socialist ideology,» Neeraj Shekhar told PTI over the phone. The assertion by the Bharatiya Janata Party (BJP) candidate assumes significance as his late father was a proponent of the socialist ideology and a vocal critic of the saffron party. Chandra Shekhar's entire family is currently in the BJP. His elder son Pankaj Shekhar as well as younger son Neeraj Shekhar are in the saffron party while his grandson Ravi Shankar Singh Pappu is a BJP member in the Uttar Pradesh Legislative Council.
11.04 / 09:15
Digital
Election
President
DAL
"People will come and go": JJP's Dushyant Chautala on Nishan Singh's resignation
JJP) chief and former deputy chief minister of Haryana Dushyant Chautala has said that the recent exit of the Nishan Singh, the party's Haryana unit chief, was all part and parcel of the election season «Last night, I received a digital copy of Nishan Singh's resignation. The decision lies with the national president since the letter was addressed to him. I wish him luck for the future. Three months ago, I said this in the state assembly that the election season is approaching, and many people will come and go...» Nishan Singh, the Haryana president of Jannayak Janata Party (JJP) who resigned from the party membership on April 8 had however not disclosed his future plans.
11.04 / 07:15
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Financial
Among financial challenges, Americans say inflation hurts worst
On the heels of March’s inflation surprise, a new survey suggests rising prices remain the primary concern for Americans, overshadowing challenges such as high expenses and low income.
11.04 / 07:15
11.04 / 07:15
11.04 / 05:51
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War
peace
Taiwan, China can resolve differences, ex-president says after meeting Xi Jinping
Taiwan and China can peacefully resolve their differences, former Taiwan President Ma Ying-jeou said on Thursday after meeting Chinese President Xi Jinping, adding that people on both sides of the Taiwan Strait share the same culture and history. Ma, president from 2008 to 2016, last year became the first former or sitting Taiwanese leader to visit China.
11.04 / 04:29
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TDP not to contest Lok Sabha polls in Telangana
Desam Party, has decided not to contest the upcoming Lok Sabha polls in Telangana, and the beleaguered party here is yet to take a call on whom to support in the state, though it is part of the NDA in the neighbouring Andhra Pradesh, a senior leader of the party said. TDP spokesperson Jyothsna Tirunagari, however, said the TDP will resume its political innings by contesting the local body polls, expected to be held in June or July this year. «Though we are part of the NDA, we are not contesting the Lok Sabha polls in Telangana.The decision on whom to support in the upcoming polls in Telangana will be taken by the party's senior leadership. As of now, there is no instruction on that,» she told PTI. The political journey of the TDP's has been passing through rough weather for the past few years, and the situation worsened after TDP chief N Chandrababu Naidu was arrested by Andhra Pradesh police in a graft case.
11.04 / 03:01
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Courts
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Opponents of smoking in casinos try to enlist shareholders of gambling companies in non-smoking push
Add investors to the list of people that opponents of smoking in casinos are enlisting in hopes of banning the practice
11.04 / 03:01
Merit
Action
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Woodford Reserve tried to undermine unionization effort at its Kentucky distillery, judge rules
A federal judge has ruled that Woodford Reserve undermined unionization efforts at its Kentucky distillery by awarding pay raises, relaxing its vacation policy and handing out bottles of whiskey to workers before a vote on whether to unionize
11.04 / 03:01
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Brazil again extends visa exemptions for US, Canada and Australia, this time until 2025
Brazil’s government has extended exemptions to tourist visa requirements for citizens of the U.S., Australia and Canada until April 2025, extending a program aimed at boosting tourism that had been scheduled to end Wednesday
11.04 / 03:01
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Tesla
Southern
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President Milei of cash-strapped Argentina starts another US tour, plans to meet Elon Musk
President Javier Milei of Argentina has kicked off a visit to the United States, where he'll meet with tech billionaire Elon Musk, as the libertarian leader seeks an infusion of cash to overhaul Argentina’s embattled economy
11.04 / 03:01
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International
UN climate chief presses for faster action, says humans have 2 years left 'to save the world'
The United Nations climate chief says humanity has only two years left “to save the world” by making dramatic changes in the way it spews heat-trapping emissions
11.04 / 00:47
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