President Financial News

European Union Court of Justice ruled on Wednesday to remove Russian billionaires Mikhail Fridman and Petr Aven from a list of individuals facing European Union sanctions after Russia's attack on Ukraine in 2022. «The General Court considers that none of the reasons set out in the initial acts is sufficiently substantiated and that the inclusion of Mr Aven and Mr Fridman on the lists at issue was therefore not justified,» the Luxembourg-based court said in a statement.

Kirron Kher and announced Sanjay Tandon, former chief of the party's Chandigarh unit, as its Lok Sabha candidate from the Union Territory. Kirron Kher, who secured victories for the BJP in Chandigarh in both the 2014 and 2019 Lok Sabha elections, has been replaced by Sanjay Tandon for the upcoming polls.

BJP has sprung a surprise in West Bengal's Birbhum constituency, pitting former IPS officer Debasish Dhar, who was suspended by the Mamata Banerjee government after the 2021 assembly elections, in a bid to halt TMC's Satabdi Roy from winning a fourth consecutive term. The absence of TMC's former Birbhum district president Anubrata Mondal, whose strong-arm tactics and controversial comments lent both fear and colour to the political scene here, seems to have made the electoral atmosphere a little lacklustre, but the BJP is seeing a level-playing field, owing to the new scenario. Mondal was arrested by the CBI in 2022 in a money laundering case related to cattle smuggling in West Bengal. He is at present lodged in Delhi's Tihar jail. A political novice, Dhar has been entrusted with the onerous task of putting brakes on the actor-politician from emerging triumphant again in Birbhum in the western part of the state.

The killing of three private security contractors in last week’s Israeli strike on an aid convoy in Gaza shined light on an industry that in recent years has shifted from working for military forces to helping protect humanitarian organizations that operate in conflict zones. John Chapman, James Henderson and James Kirby—employees of Solace Global, a U.K.-based security and risk-management company—were among seven who were killed when Israeli drone strikes hit the convoy organized by World Central Kitchen, a humanitarian group founded by chef José Andrés.

Professor Shashank Joshi, President, Indian Academy of Diabetes & Consultant Endocrinologist, Lilavati Hospital & Joshi Clinic, & Dr. Prashanth Subramanian, Head of Medical Affairs, Emerging Asia & India, Diabetes Care, Abbott, share their insights on diabetes and how to manage the condition better. Professor Shashank Joshi: The status of diabetes prevalence in India underscores a pressing public health challenge, with approximately 101 million individuals diagnosed with diabetes and an additional 136 million in pre-diabetic stages as per a recent ICMR study.

Maharashtra Congress President Nana Patole narrowly escaped a potentially fatal accident when a truck collided with his car in Bhandara. The incident, which occurred late Tuesday night, raised speculation about foul play, with some suggesting it could have been an attempt on his life. State Congress spokesperson Atul Londhe claimed that the truck hit Patole's car and attempted to crush it near Karda village in Bhandara district. Fortunately, Patole emerged unharmed, with Londhe attributing his safety to the blessings of the people. In a post on X, Londhe said the accident occurred near Karda village in Bhandara district. He claimed that a truck hit Patole's car and tried to crush it.

Musk is under investigation in Brazil after he accused a Supreme Court judge of censoring social networks, calling him a «dictator» and vowing to disobey rulings blocking users found to be spreading disinformation. Here are five things to know about the billionaire's beef with powerful, polarizing Justice Alexandre de Moraes.

Zetwerk on Wednesday said it has earmarked Rs 1,000-crore investment for expanding its electronic manufacturing capacity across IT hardware, television, mobile phones, hearable and wearable product segment. The company aims to be the leading ODM (original design manufacturer) and electronics manufacturing services provider in the mobile phones, hearable and wearable space. «The company is now producing one device a second from its factories. It has earmarked Rs 1,000 crore investments to grow its Electronics business,» Zetwerk said in a statement.

Dilip Ghosh believes that under the TMC regime, West Bengal is sitting on a ticking time bomb and security and central agencies need to conduct «surgical strikes» to curb anti-national activities in the bordering state. In an interview with PTI, Ghosh expressed concern over a deep-rooted nexus of financial scams and terror modules in the state and predicted heightened activities by central agencies after the elections are over. «West Bengal, a bordering state, has witnessed not only a deteriorating law and order situation but also incidents detrimental to national security. Uncovering of bomb-making factories and terror modules indicate that Bengal has become a haven for infiltrators and anti-national elements,» he said. Asserting that a significant demographic shift in border areas due to TMC's alleged politics of appeasement, Ghosh claimed that national security is at stake under the Trinamool regime, since the ruling party lacks control over the state's affairs.

Mumbai Congress chief Sanjay Nirupam on Wednesday said his old party will be out at zero in the coming Lok Sabha elections. In a post on social media platform X, Nirupam said, “In the 2014 Lok Sabha elections, Congress won two seats in Maharashtra. In 2019, the party won one seat. This time, Ubatha has given Congress seats like alms. According to this calculation, Congress will be out at zero in 2024.” “That's why many leaders have become non-reachable by mobile. After June 4, they will all start hiding. Foreign trips on a large scale may also be arranged,” he added in his post.

Nippon Steel Corp. executive sat the one man who now appeared to have the fate of the $14 billion deal in his hands: David McCall, head of the United Steelworkers union. The Japanese bid to take over United States Steel Corp. had widely been viewed as a slam-dunk offer — the only sticking point was winning over the union and, in turn, its political leverage. Mori assured McCall that Nippon Steel would offer commitments to invest more than $1 billion in the iconic American company while also promising no idling of plants and, most importantly to its workers, no immediate layoffs.

Biden said Prime Minister Benjamin Netanyahu's Gaza policy was a «mistake» and urged Israel to call for a ceasefire, in an interview aired Tuesday. Biden's comments were some of his strongest criticism yet of Netanyahu amid growing tensions over the civilian death toll from Israel's war on Hamas and dire conditions inside Gaza.

LiveMint to track live updates on Lok Sabha elections.Lok Sabha Polls 2024 LIVE: Congress party’s Uttar Pradesh President Ajay Rai has dismissed reports speculation of him joining the Bharatiya Janata Party (BJP). "It seems those in the BJP are not getting enough work these days and have nothing else to involve themselves with.

Federal Reserve's policy meeting and crucial inflation data for cues on the timing and extent of interest rate cuts. FUNDAMENTALS

Israel carried out a genocide in Gaza, US Secretary of Defence Lloyd Austin said there was no 'evidence' of it. On Tuesday, US Secretary of State Antony Blinken criticised the international community for failing to hold Hamas accountable, while US Defence Secretary Austin denied claims that Israel was committing genocide in Gaza, according to The Times of Israel.

Joe Biden expressed his solidarity with those facing conflict, hunger, and displacement globally, specifically mentioning regions like Gaza and Sudan. Eid ul-Fitr, celebrated on the first day of Shawwal, holds significant importance in the Islamic lunar calendar.

Japan last weekend, U.S. national security adviser Jake Sullivan said on Tuesday, ahead of U.S. summits this week with the Japanese and Philippine leaders. Warships from the four nations staged the exercises on Sunday following stepped up Chinese pressure on the Philippines in the disputed strategic waterway. U.S. President Joe Biden hosts Japanese Prime Minister Fumio Kishida in Washington on Wednesday and the two and Philippines President Ferdinand Marcos will meet on Thursday for talks that will include ways to push back against China.

China, Deputy Secretary of State Kurt Campbell said on Tuesday, acknowledging concerns that the warnings may have curtailed exchanges between Americans and Chinese people. Communication channels between Washington and Beijing had largely normalized after months of heightened tensions, Campbell told an event hosted by the non-profit National Committee on US-China Relations.

The Arizona Supreme Court ruled 4-2 in favor of an anti-abortion obstetrician and a county prosecutor who pressed to implement the Civil War-era statute after the Democratic attorney general of the key presidential battleground state declined to do so.

₹1,000 crore to ramp up its production capabilities for laptops, servers, smartphones, hearables, televisions, and telecom equipment. With a sharp focus on competition, it is aiming to challenge electronics manufacturing services providers in the Indian and exports markets, primarily targeting the US. “We have planned an outlay of ₹1,000 crore for the near future to look at expansions judicially and into critical areas.

If the Terminator movies were right about one thing, it’s that the machines – and humans’ trust in them – are indeed rising.