President Financial News

Gautam Adani, the Chairman of Adani Group, who bounced back within a year from the savage attack by Hindenburg Research in January last year which seemed to have sunk his conglomerate, put his life under the lens for young entrepreneurs at a private event recently. Speaking at a YPO (Young Presidents Organisation) event, Adani narrated how India's economic liberalisation set him off on an adventurous entrepreneurial journey, how he expanded his small export business into a conglomerate, and how he often fell down but then managed to bounce back. Telling YPO members, all young CEOs, how he didn't fear getting lost or falling down and managed to find his way and get back up, Adani gave five principles which could be useful for all of them.

SBI submits electoral bonds data: A timeline of what has happened so far The Act effectively replaced the Chief Justice of India (CJI) with a cabinet minister as one of the three members of the selection panel. President Droupadi Murmu gave her assent to the Act in December 2023.

Cryptocurrency exchange OKX's Singapore subsidiary has received in-principle approval for a payments licence to operate in the city-state, the firm said on Wednesday. The approval, granted by the Monetary Authority of Singapore, will allow OKX to provide digital payment token and cross-border money transfer services in Singapore, which has emerged as a centre for crypto in Asia in recent years.

Elon Musk has in a post on social media platform X (formerly known as Twitter), expressed worry that the United States will go "bankrupt". "Overspending must stop or America will go bankrupt," he wrote early on March 13. Musk was responding to a post by X user @WallStreetSilv who warned that over time 100 percent of US taxpayer monies would be used to pay interest on national debt.

PTI. Owaisi suggested that CAA should not be seen alone but together with NPR (National Population Register) and NRC (National Register of Citizens). He said, “This government is making rules after four years.

The Washington Post. The offer was made when Musk was still running Twitter, now rebranded as X, after his high-profile acquisition in late 2022. Citing two unnamed sources, the report claimed that Trump and Musk have been in contact regarding Truth Social “more than was previously known".

Pakistan Peoples Party said he decided to encourage prudent financial management and not burden the national exchequer. It is pertinent to note that Zardari is one of the richest politicians in Pakistan. “The President considered it essential not to burden the national exchequer and preferred to forgo his salary," President Secretariat Press Wing said in a press release on Tuesday as quoted by PTI. Former president Arif Alvi was drawing ₹8,46,550 per month, which was fixed by Parliament in 2018.

Meta, the parent company of Facebook, has filed a lawsuit against its former Vice President of Infrastructure, Dipinder Singh Khurana, also known as T S Khurana, for allegedly stealing confidential documents before joining a «stealth» AI cloud computing startup, as reported by Bloomberg. The lawsuit, filed on February 29 in a California state court, accuses Khurana of violating his contract and engaging in «brazenly disloyal» conduct, according to Bloomberg. Khurana, who worked at Meta for 12 years, allegedly uploaded a «trove of proprietary, susceptible, confidential, and non-public documents about Meta's business and employees» to his personal Google Drive and Dropbox accounts just before leaving the company, the lawsuit claims. These documents reportedly include information related to employee pay and performance and non-public business contracts.

Donald Trump, whose single turbulent term in the White House transformed the Republican Party, tested the resilience of democratic institutions in the U.S. and threatened alliances abroad, will lead the GOP in a third consecutive presidential election after clinching the nomination Tuesday. With wins in Georgia, Mississippi and Washington state, Trump surpassed the 1,215-delegate threshold needed to become the presumptive Republican nominee. He'll formally accept the nomination at the Republican National Convention in July, by which point he could be in the remarkable position of being both a presidential candidate and convicted felon. Trump has been indicted in four separate criminal investigations and his first trial, which centers on payments made to a porn actress, is set to begin March 25 in New York City.

CME Group plans to apply to clear U.S. Treasuries, a spokesperson said, a $26 trillion dollar market. The Financial Times reported earlier on Tuesday that CME Group would apply this year to clear U.S. Treasuries, becoming the first exchange company to publicly announce its plans to enter the world's biggest bond market.

India has made «outstanding progress» under the leadership of Prime Minister Narendra Modi from being the 10th largest economy of the world to soon to be the third largest, a popular Indian American Congressman has said, adding that a revolution is going on in India because of digitisation. «The progress (of India) is outstanding (in the last 10 years). When I think Prime Minister Modi was elected, India was like the 10th economy in the world, then it became the fifth economy and very soon to be the third largest economy in the world. So there is absolutely no doubt that India has made amazing progress,» Indian American Congressman Shri Thanedar told PTI in an interview. Thanedar, 69, represents the 13th Congressional District of Michigan and is highly popular among Indian Americans across the country. A Marathi speaker, he travels to various parts of the US, meeting and interacting with various Indian American groups and organisations. He was in India as part of a Congressional delegation last August. «It's a country of young people. I think it has more young people, percentage wise than most nations. That is the strength of India. India has now embraced technology. We are seeing the digitalisation of the financial systems, the banking systems. That digitalisation, that progress, that technology has reached smaller towns, villages. So there is a revolution going on in India,» Thanedar said.

After weeks of testing, an electronic system for filing returns directly to the IRS is now available for taxpayers from 12 selected states

Buy or sell stocks for today: Frontline indices Nifty 50 and Sensex settled flat the previous day in a highly volatile session, driven by select gains in heavyweights including HDFC Bank, Reliance Industries, and Tata Consultancy Services (TCS). On the other hand, the domestically-focused midcaps and smallcaps suffered massive losses over stretched valuations.

Watch: PM Modi flags off 10 new Vande Bharat trains However, city chronicler Bharat Gothoskar said not all names had colonial connections, and one name is in fact derived from a Marathi word for `grazing land'. Shiv Sena MP Rahul Shewale has demanded to change the British-era names of these eight local railway stations- Curry Road, Sandhurst Road, Cotton Green, Dockyard Road, and Kings Circle stations on the Central Railway network. Tamil Nadu: Special mountain toy train in Nilgiris to run from March 29 to July 1 Shewale has demanded renaming the names of eight local railway stations to Lalbaug, Dongari, Kalachowki, Mazgaon, and Tirthkar Parshwanath stations.

LONDON (Reuters) — Britain will on Wednesday sign a memorandum of understanding on trade with Texas, the biggest U.S. state so far to agree to such a pact aimed at boosting investment.

second straight Democratic nomination Tuesday and set up an all-but-certain rematch with the predecessor he blames for destabilizing the country. Biden became his party's presumptive nominee when he won enough delegates in Georgia. That pushed Biden's count past 1,968 for a majority of delegates to the Democratic National Convention in Chicago this August, where his nomination will be made official.

Trump calls TikTok a threat but says banning app would hurt some kids “I’ve spent hundreds of dollars on Drunk Elephant at Sephora because of my tween," Fetterman said, referring to a skincare brand that’s gone viral on the app, prompting teens and tweens to flood Sephora locations. “That’s annoying but I think there’s a security issue as well too.

semiconductor chip from the new plant being set up by the Tata Group and Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) in Gujarat’s Dholera, will be ready to roll out by the end of 2026, according to Frank Huang, chairman of PSMC. Speaking exclusively to ET ahead of the ground-breaking ceremony for the $11 billion project that is scheduled for Wednesday, Huang said the contours of the JV with the Tatas are yet to be finalised. “At the moment we have decided to work out the technology transfer. Later we can talk about investment,” the 74-year-old said. PSMC is a maker of memory chips that also provides foundry services to its customers.

US House and subsequently at the Senate.

By David Shepardson

By David Shepardson