President Financial News

Data from Brazil's space agency says the state of Roraima in the Amazon rainforest has been hit with more than 2,000 fires in recent weeks

Colombia’s President Gustavo Petro says his government is suspending purchases of weapons from Israel after Palestinians say Israeli troops fired at people seeking food in Gaza

Brazil’s finance minister told his peers during a G20 meeting in Sao Paulo that countries should implement a global tax on the super-rich in an effort to tackle rampant tax evasion

Vice President Kamala Harris plans to return to the swing state of Wisconsin next week for an event touting worker apprenticeship programs

Sukhvinder Singh Sukhu-led Congress government in the hill state is far from over. The report about the meeting in the Bharatiya Janata Party (BJP)-ruled Haryana’s Panchkula comes a day after Congress party leaders, including the Chief Minister, appeared to have survived the crisis the state government faced.

Pakistan: Nawaz Sharif nominates younger brother Shehbaz for premiership The 16th National Assembly commenced its proceedings earlier in the day, with newly elected MNAs taking their oaths administered by Speaker Raja Pervaiz Ashraf. The session, scheduled for 10 am, commenced after 11 am amid a turbulent atmosphere, with PTI-backed lawmakers aligned with the Sunni Ittehad Council (SIC), encircling the speaker's rostrum.

₹22,200 crore, he is set to inaugurate the Visakh Refinery Modernization Project (VRMP), which is being carried out by Hindustan Petroleum Corporation Ltd (HPCL). This project aims to modernize and boost capacity at the Visakh Refinery in Visakhapatnam, Andhra Pradesh, with an investment of ₹26,264 crore.

Former Federal Reserve Bank of St. Louis President and CEO James Bullard analyzes latest inflation readings and the Fed's expected rate path.

Lincoln Lawyer' Season 3 is all set to be released on Netflix and makers are expanding the cast by adding new members, as per a report is Deadline. Recently, Philip Anthony-Rodriguez, Allyn Moriyon, John Pirrucello, and Merrin Dungey. Meanwhile, Netflix said on Wednesday that producer Dan Lin would replace Scott Stuber as the streaming company's top film executive.

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Bharatiya Janata Party—chaired by Prime Minister Narendra Modi—on Thursday night met at the party headquarters in the national capital to take a call on the first list of candidates for the upcoming Lok Sabha elections. BJP president JP Nadda, Union Home Minister Amit Shah and Defence Minister Rajnath Singh were among those who attended the meeting.

Odisha joined the BJP on Thursday itself. Let's take a look Former Congress leader Kaustav Bagchi, who had resigned from the party a day before, joined the BJP on Thursday and vowed to fight against the TMC regime in the state. "Today, we are happy to welcome Kaustav Bagchi in the BJP," party leader Suvendu Adhikari said at a programme here.

Chhindwara (MP), After days of suspense over their political plans, Congress MP Nakul Nath on Thursday categorically said that neither he nor his father, Congress veteran Kamal Nath were going to join the Bharatiya Janata Party. Speculation about the Naths' intentions was intensified in the last few days as several Congress workers from Chhindwara, the Lok Sabha constituency of Nakul Nath, crossed over to the ruling party. "Lok Sabha polls are going to be held in the next one or one-and-a-half months. Lot of rumours are being spread by BJP people that Kamal Nath and I are going to the BJP. Let me make it clear that neither Kamal Nath nor Nakul Nath are going to join the BJP," the junior Nath said at a public meeting at Navegaon in Chhindwara district. The BJP had won 28 out of the 29 Lok Sabha Seats in Madhya Pradesh last time while Chhindwara was the only seat retained by the Congress. The ruling party is trying hard to breach the Kamal Nath bastion this time. " Since February 1, a total of 5,000 Congress leaders and workers have joined the BJP as they were unhappy with their party's decision to boycott the Ayodhya Ram temple consecration ceremony," said the BJP's Chhindwara district unit president Bunty Sahu.

Indian auto industry is set to invest up to $7 billion, or about Rs 58,000 crore, by FY28 to deepen localisation of advanced components from electric motors to automatic transmissions to reduce imports and capitalise on multinationals’ ‘China Plus One’ sourcing strategy. Automakers and their suppliers are likely to make this investment between FY24 and FY28, industry body Automotive Component Manufacturers Association (ACMA) said. These firms have already undertaken more than 500 localisation projects across 11 key component categories including drive transmissions and steering, engines, electricals and body chassis at an investment of over Rs 3,000 crore to reduce net imports by 5.8% (double the target of about 3%), or by Rs 7,018 crore, in the two years to FY22, as per the latest assessment on localisation programmes jointly conducted by ACMA and Society of Indian Automobile Manufacturers (SIAM).

So, we are back to the argument about whether we have reached a new era of permanently higher growth and earnings, and because of productivity also a permanent state of steady disinflationary pressures.