President Financial News

Returning Officer Anil Masih, who is also a member of the BJP's minority cell, while observing that he tampered with eight ballots that were polled in favour of the AAP candidate and thereby, declaring a BJP candidate, Manoj Kumar Sonkar, as winner. A bench of Chief Justice of India DY Chandrachud and Justices JB Pardiwala and Manoj Misra physically examined the ballot papers and found that they are not defaced. It directed that Kuldeep Kumar, the AAP candidate, be declared the Chandigarh Mayor with 20 votes (12 votes which he received and 8 which were for him and were defaced by Anil Masih).

About 40% of small business owners think 2024 will be a “make or break” year for their business, according to a survey by messaging service Slack

Noah Garden has been promoted by Major League Baseball to deputy commissioner of business and media

American Airlines is raising bag fees and pushing customers to buy tickets directly from the airline if they want to earn frequent-flyer points

Russian President Vladimir Putin has gifted North Korean leader Kim Jong Un a Russian-made luxury limousine for his personal use in a sign of their special relationship

A study has found more than 57% of Argentina's people are considered poor, the worst poverty level in 20 years

An Amsterdam court has rejected Russia’s final argument in a years-long legal battle over a $50 billion arbitration award

A Virginia bank says it will delay plans to auction off land at West Virginia Gov. Jim Justice’s posh resort in an attempt to recover more than $300 million on defaulted business loans by the governor’s family

France's highest civilian honour «Chevalier de la Legion d'honneur» at a ceremony on Tuesday. Author of several books and the Congress MP from Thiruvananthapuram, Tharoor was conferred the prestigious award at the French Embassy by French Senate President Gerard Larcher. The French government had announced the award for Tharoor, a former Union minister, in August 2022 but was conferred on him on Tuesday. «The highest French civilian award came in recognition of Dr Tharoor's tireless efforts to deepen Indo-French ties, commitment to international peace and cooperation, and as a long-standing friend of France,» a statement issued by the French Embassy said. Conferring the honour on Tharoor, Chairman of the French Senate Larcher said, «Through his outstanding career as a diplomat, author and politician, Shashi Tharoor has embraced the world with a thirst for knowledge and an intelligence that has led him to live several lifetimes in one, and all of them in service to India and a better world.»

unblocked" about half an hour later. Accounts of Navalny’s aides, such as spokesperson Kira Yarmysh, did not appear to have been affected. ALSO READ: Vladimir Putin critic passes away in Russian prison — Who was Alexei Navalny? It was not immediately clear why Navalnaya’s account was briefly suspended.

But for a nation racing to adopt renewable energy, the land is prime for something else: solar panels. The sun shines strong, the terrain is flat and high-voltage transmission lines are in place from a decommissioned coal plant. Energy collected here could speed to major metropolitan regions across the West, part of a colossal wave of clean power needed to stave off the worst effects of global warming. Animals need humans to solve climate change. But they also need places to live. Loss of habitat is the top driver of a staggering global decline in biodiversity, the variety of life on Earth. The boom in solar power, set to be the fastest-growing energy source in the United States, is predicted to fence off millions of acres across the nation, blanketing them in rows of glassy squares.

Electric vehicle startup Vidyut on Tuesday said it has secured USD 10 million capital funding comprising equity and debt in Series A fundraising for expanding its bouquet of services. The Series A funding round was led by 3one4 Capital along with participation from new and existing investors such as Saison Capital, Zephyr Peacock, Force Ventures, Alteria Capital and CEO of Udaan Capital Sujeet Kumar, the company said in a statement. Vidyut said it will now offer EV insurance, lifecycle management, and EV resale, and it is also looking to expand its presence to 40 cities. The company said it aims to double the headcount by the end of next fiscal as it prepares to build a full-stack EV ecosystem and that it will utilise the fresh capital to scale its offerings to the EV ecosystem.

Supreme Court today overturned the results of the Chandigarh mayor elections and declared AAP's Kuldeep Kumar as the new Mayor. The Court's decision came as a response to 'serious misconduct' by Presiding Officer Anil Masih, who had marked ballot papers, allegedly defaced, leading to the invalidation of eight votes. Chief Justice of India (CJI) DY Chandrachud criticized Masih's actions, stating that he had acted beyond his authority. The Court ordered the results declared by Masih to be unlawful and set aside. What may happen next to Anil Masih? The Supreme Court has ordered perjury proceedings against Anil Masih, the Presiding Officer in the Chandigarh mayor election case. The Court's decision came after Masih allegedly defaced eight ballot papers during the polls.

FOX Business' Jeff Flock reports from a produce processing center in Philadelphia, where business is getting squeezed by inflationary costs.

green card backlogs. The Bill, if implemented, would have particularly helped Indians on K-1 fiancé/e and K-3 spouse visas, H-4 spouses and children of H1-B visa holders, individuals awaiting employment-based green cards, and those sponsored for family-based green cards waiting outside the US. For H-1B visa holders with approved I-140 petitions, the Bill aimed to simplify the employment authorization process for their spouses. Traditionally, H-4 visa holders undergo a cumbersome process to obtain an employment authorization document (EAD). The proposed Bill sought to eliminate this requirement, allowing H-4 spouses to work 'incident to status,' streamlining the process and removing bureaucratic hurdles.

By Daniel Tichenor, University of Oregon Immigration is already a major polarizing issue in the 2024 U.S. presidential election. Arrests for illegal border crossings from Mexico reached an all-time high in December 2023, and cities like New York and Chicago are struggling to provide housing and basic services for tens of thousands of migrants arriving from Texas. In early February 2024, a group of senators proposed new immigration legislation that would have slowed the migrant influx at the border. The bill would have made it harder for migrants to both apply for and receive asylum, which is the legal right to stay in the U.S. because of fear of persecution if they return back home. But the bill, like others proposed in recent years, quickly faltered after Republicans opposed it.

Richard Verma in Delhi on Tuesday said that America will stay engaged with the Indian government on the issue of the alleged bid to assassinate Khalistterrorist Gurpatwant Singh Pannun in the United States. «I know we raised our concerns with the Government of India. There is a committee of inquiry looking into the matter, and we will stay engaged with the government and look forward to their findings. And they've taken it very seriously, and we're grateful for that,» Verma said. He made the remarks at the event titled 'The Long View from DC: The India-US Partnership' hosted by the Observer Research Foundation (ORF) in Delhi. His statement comes after the US Justice Department unsealed an indictment against an Indian national for his alleged involvement in the foiled plot to assassinate Pannun.

What to expect from the programme

₹32,500 crore. The prime minister also launched or laid the foundation stone of projects worth ₹13,500 crore across the country. PM Modi was received at the Jammu airport by Lt Governor Manoj Sinha, Union Minister Jitendra Singh and prominent BJP leaders including J-K unit president Ravinder Raina.

Indian hotel industry is expected to report a 7-9 per cent revenue growth in FY2025 with occupancy likely to be at decadal highs, ratings agency ICRA said on Tuesday. Sustenance of domestic leisure travel, demand from meetings, incentives, conferences, and exhibitions (MICE), including weddings and business travel despite a temporary lull during the election period are likely to drive demand in FY2025, ICRA said in a statement. Spiritual tourism and tier-II cities are also expected to contribute meaningfully in FY2025, it added. ICRA said domestic tourism has been the prime demand driver in FY2024 and is likely to remain so in the near-term. Foreign Tourist Arrivals (FTA) are yet to recover to pre-Covid levels and the improvement would depend on the global macroeconomic environment.

By Paul Carsten