President Financial News

Sanjay Singh as the new president of the Wrestling Federation of India (WFI), Congress leader Randeep Singh Surjewala said that the party's policy is to make your daughter cry and torment. Followed by the election of Sanjay Singh as the new president of the WFI, Olympic medalist Sakshi Malik announced her retirement from wrestling on Thursday. Sakshi Malik, who was the face of wrestlers' protest against former WFI president Brij Bhushan Sharan Singh over sexual harassment allegations, on Thursday announced that she is quitting wrestling after his aide Singh was elected president of the federation. Reacting to this, Surjewala while addressing a press conference in the national capital, said, «The announcement of the retirement of the country's first female wrestler to win an Olympic berth after the election of BJP MP Brij Bhushan's assistant and 'nominee' Sanjay Singh, accused of sexual harassment daughters is a „dark chapter“ in sports history.» «Modi government has proved that the real slogan is to, „make daughters cry, torment and make sit at home“. This has become the sports policy of the BJP government,» he added. Hitting out at the BJP-led Central Government, the Congress leader said, «Modi government is directly responsible for 'atrocities and injustice' towards champion women wrestlers.

jewellery consumption growth (in value terms) for FY2024 to from 8-10% estimated earlier, according to ICRA's revised estimate. The revised growth is primarily driven by the rise in gold prices.

Rudy Giuliani filed for bankruptcy on Thursday, just days after he was ordered to pay $148 million to two former Georgia election workers he falsely accused of fraud as he worked to overturn Donald Trump’s 2020 presidential election loss.Guiliani, who was known as “America’s mayor” for his leadership of New York after the Sept. 11, 2001, attacks, faces a crush of debts stemming from his work on former President Trump’s behalf.

INDIA bloc MPs to lead protest march on Thursday over suspension from Parliament They briefly marched outside the Parliament building in New Delhi behind a huge "Save Democracy" banner and carried placards reading “Democracy is in danger". More than 140 opposition lawmakers were suspended from the two houses of Parliament over the past week for demanding a statement from Home Minister Amit Shah about a December 13 security breach when two intruders stormed the chamber by jumping from the visitors' gallery and releasing yellow smoke canisters.

Beaming at every turn, North Korean dictator Kim Jong Un toured the jewels of Russia’s military industries in September. A guest of President Vladimir Putin, he gawked at the plant making Su-35 jet fighters, inspected a Russian Navy frigate and examined the Kinzhal missiles at the Vostochny spaceport. Soon thereafter, trainloads of North Korean artillery shells started rolling to Russian troops in Ukraine—by American calculations, as many as one million munitions, or roughly three times what European nations had been able to supply in a whole year.

UN Security Council on Thursday again delayed a vote on a watered-down resolution to deliver desperately needed aid to Gaza — a revision backed by the United States, while other countries support a stronger text that would include the now eliminated call for the urgent suspension of hostilities between Israel and Hamas. The revised draft resolution was discussed behind closed doors for over an hour by council members not long after it was circulated. Because there were significant changes, many said they needed to consult their capitals before a vote, which is now expected Friday. US Ambassador Linda Thomas-Greenfield told reporters after the consultations that the United States backs the new text, and if it is put to a vote the U.S. will support it.

Buy or sell stocks for today: After worst sell off in last 10 months, Indian stock market bounced back and ended higher on Thursday. Nifty 50 index ggained 104 points and closed at 21,255 levels, BSE Sensex shot up 358 points and ended at 70,865 mark whereas Bank Nifty index finished 394 points higher at 47,840 levels.

In a setback this week for Donald Trump, the Supreme Court of Colorado ordered his name struck off the ballot in the American state’s primary polls for his Republican party to pick its candidate for next year’s presidential election. This has cast a shadow on the candidacy of the former White House occupant, who was held ineligible for federal office under the US Constitution’s 14th Amendment. Brought in after the US Civil War, its Section 3 bars from such positions people who took an oath to uphold the Constitution but “engaged in insurrection or rebellion" against the country or gave “aid or comfort" to its enemies.

virtual meeting with his Chinese counterpart on Thursday, the Pentagon said, in the first such conversation in over a year amid hopes by U.S. officials that it could lead to a broader restoration of ties between the two militaries. The video teleconference followed an agreement between U.S. President Joe Biden and Chinese President Xi Jinping last month to resume military-to-military ties severed by Beijing after then-House of Representatives Speaker Nancy Pelosi visited self-ruled Taiwan in August 2022. U.S.

digital rights activists have written to the government, asking it to withdraw the Telecommunications Bill of 2023. In their letter addressed to union minister for telecommunications Ashwini Vaishnaw dated December 21, these organisations have said that the bill «imperils encryption», «amplifies unchecked powers of the government» and «enhances surveillance without independent oversight».

European Union finance ministers have sealed a deal to reform the 27-nation bloc’s fiscal rules after France and Germany finally adhered to a compromise

Oil companies have offered $382 million for drilling rights in the Gulf of Mexico after courts rejected the Biden administration’s plans to scale back the sale to protect an endangered whale species

South Korea’s top court has ordered two Japanese companies to financially compensate more of their wartime Korean workers for forced labor

Turkey’s central bank has hiked its key interest rate by 2.5 percentage points as part of its efforts to combat high inflation that has left many households struggling to afford essential items

The European Union has paid the final tranche of a multibillion-euro support package to Ukraine to help keep its war-ravaged economy afloat this year

The holidays are supposed to be a joyful time, but they can also be financially stressful

The Court of Justice of the European Union has ruled that soccer’s governing bodies UEFA and FIFA acted contrary to EU competition law by blocking plans for a breakaway Super League

The White House says President Joe Biden believes “serious scrutiny” is warranted for the planned acquisition of U.S. Steel by Japan’s Nippon Steel

Congress Working Committee meeting on Thursday was used to set the stage for a Rahul Gandhi-led east to west Bharat Jodo Yatra from next month. The idea though was presented as party president Mallikarjun Kharge 'conveying' to Gandhi that he 'received nationwide massive appeal' from party rank file for a second Gandhi-led yatra, before 'appealing' to Gandhi to undertake it. Taking a cue, most of the 76 CWC members exhorted Gandhi to venture out again.

Argentina’s Minister of Foreign Affairs, Diana Mondino, has announced that the South American country will allow contracts to be agreed upon in cryptocurrency.

Shares of Mullen Automotive (NASDAQ:MULN) surged more than 80% Thursday after the company enacted a 1-for-100 reverse stock split.