President Financial News
24.12 / 18:23
awards
President
wrestling
Govt suspends newly formed Wrestling Federation of India
sports ministry on Sunday suspended the Wrestling Federation of India (WFI) for blatant disregard for the established legal and procedural norms while noting that the newly-elected body appeared to be in complete control of former office-bearers. After suspending the WFI, the ministry requested the Indian Olympic Association (IOA) to constitute an ad-hoc committee to manage and control the affairs of the wrestling federation's governing body. The WFI elections were held on December 21 with former president Brij Bhushan Sharan Singh's loyalist, Sanjay Singh, and his panel winning the polls by big margins. After his election, Sanjay Singh met BJP MP Brij Bhushan at the latter's residence which is also the office of the sports body.
24.12 / 17:46
Provident
economy
President
country
social
information
shock
Global equations have a symbiotic role in building a developed India by 2047
Partnering with the International Development Research Centre (IDRC) and the Global Development Network (GDN), and with the active involvement of India’s G20 Sherpa, in July this year, Niti Aayog hosted an international conference on ‘A Green and Sustainable Growth Agenda for the Global Economy.’ The conference was an official side-event of India’s G20 presidency, timed such that the discussion could inform the forthcoming summit communique, which subsequently emerged as the landmark New Delhi Leaders’ Declaration. Leadership of the G20 passed from India to Brazil on 1 December, just as the two-week long 28th Conference of the Parties of the United Nations Framework Convention of Climate Change (UNFCCC) got going in the UAE.
24.12 / 17:40
Booking
President
2020
How Byju's US lenders ran into a hedge fund wall
BENGALURU : Byju’s has shifted the ownership of half a billion dollars that its special purpose vehicle Alpha borrowed in the US to one of its unnamed subsidiaries, a move that has stumped its US lenders trying to retrieve their money. Byju’s, which borrowed $1.2 billion in the US in November 2021, moved $533 million of it to Camshaft Capital Fund, a three-year-old hedge fund.
24.12 / 17:08
24.12 / 17:07
Provident
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Action
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track
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Financial
Biden signs an executive order aimed at financial facilitators of the Russian defense industry
President Joe Biden signed a new executive order aimed at targeting financial facilitators of the Russian defense industry
24.12 / 17:06
24.12 / 17:05
Waters
Manufacturing
economy
President
Experts
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Department
Biden's hydrogen tax credit unveiled as administration tries to jump start industry
The Biden administration released its highly anticipated proposal for doling out billions of dollars in tax credits to hydrogen producers Friday, in a massive effort to build out an industry that some hope can be a cleaner alternative to fossil fuel power
24.12 / 17:04
Fighting
economy
Remark
Death
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prevention
"This war is exacting a high price...but we have no other choice": Benjamin Netanyahu
Benjamin Netanyahu expressed grief over the deaths of Israeli soldiers who were killed over the weekend amid the ongoing war with terror group Hamas, Times of Israel reported. He also denied the reports that US prevented Israel from carrying out military operations against Hezbollah.
24.12 / 17:03
24.12 / 17:03
Waters
Nov
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show
Inside
rock
evacuation
Residents of Iceland village near volcano that erupted are allowed to return home
Residents of the small fishing town in Iceland where a volcano erupted this week have been told they can return home
24.12 / 17:02
Booking
economy
Remark
Coronavirus
pandemic
President
social
Cuban government defends plans to either cut rations or increase prices
The Cuban government says it will have to either increase prices for fuel and electricity, or reduce rations for basic supplies
24.12 / 17:02
CEO
Pfizer
Healthcare
Bill
President
prevention
acquires
Bristol Myers Squibb acquires Karuna Therapeutics for $14 billion, boosting neuroscience portfolio
Drugmaker Bristol Myers Squibb is acquiring Karuna Therapeutics, a biopharmaceutical company that has developed a new antipsychotic, in a $14 billion deal
24.12 / 17:01
24.12 / 17:00
Fighting
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show
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Department
NOT
Nevada tribe says coalitions, not lawsuits, will protect sacred sites as US advances energy agenda
A Nevada tribe is gearing up for a different kind of fight against the U.S. government as it tries to build more public support for protecting Native American sacred sites
24.12 / 16:59
Citi
Target
Ball
economy
President
stage
Department
Decaying Pillsbury mill in Illinois that once churned flour into opportunity is now getting new life
Pillsbury Mills was a groundbreaking, history-making flour mill in central Illinois for most of the 20th century
24.12 / 16:18
Action
President
country
reports
NOT
Decision to suspend WFI not taken under any pressure: UP BJP chief Chaudhary
Union Sports Ministry's action was not due to pressure from anyone and it followed due process. The Sports Ministry earlier in the day suspended the Wrestling Federation of India (WFI) till further orders after it made a "hasty announcement" of organising the U-15 and U-20 nationals «without following due procedure and not giving sufficient notice to wrestlers» for preparations. The WFI elections were held on December 21 with former president Brij Bhushan Sharan Singh's loyalist Sanjay Singh and his panel winning the polls by big margins.
24.12 / 16:05
Action
Fighting
awards
President
NOT
WFI suspension: Bajrang Punia refuses to take back Padma Shri, says 'will not take back until…’
Sanjay Singh, a close aide of former WFI President Brij Bhushan Sharan Singh was appointed as the new chief of the wrestling body. India's top wrestlers- Vinesh Phogat, Sakshee Malikkh, and Bajrang Punia, who are leading a protest against Brij Bhusan over the allegations of sexual harassment of female wrestlers expressed disappointment with the election result. In a press conference after the election result, Sakshee Malikkh decided to step down from wrestling while Bajrang Punia announced that he would return the Padma Shri award.
24.12 / 16:04
President
WFI suspension: Sanjay Singh to speak with PM Modi, says ‘will explore legal options’
sports minister and request that the suspension be lifted. If the issue is not resolved through dialogue, we could explore legal options," Sanjay Singh told PTI. Sanjay Singh, who is a close aide of former WFI chief Brij Bhushan Sharan Singh said that the wrestling body followed rules in decision-making, and all decisions were taken with consensus.
24.12 / 14:49
Enterprise
Danone
President
country
blues
Putin clears Rosbank's purchase of Societe Generale's Russian assets
MOSCOW (Reuters) -Russian President Vladimir Putin on Sunday signed a decree clearing the way for Rosbank to purchase stakes in leading Russian companies owned by Societe Generale (OTC:SCGLY).
24.12 / 14:47
24.12 / 14:09
Citizens
Airlines
President
social
information
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travelers
French judges to decide on extending stay of 303 passengers, mostly Indians, of grounded flight
French judges on Sunday began questioning the 303 passengers, mostly Indians, of a Nicaragua-bound flight detained by French authorities at Vatry airport, 150 km east of Paris, since Thursday over suspected "human trafficking", according to local media reports. «The judges have the authority to extend the detention order being used by border police by eight days initially and for another eight if required. They have two days to complete speaking to the passengers.
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