President Financial News

ET MSME Awards 2023, which is in its fourth edition, will felicitate 26 outstanding MSMEs (micro, small and medium enterprises) of India on December 8. Small businesses will be recognised for their achievements under five broad categories: Overall Industry Awards, Awards by MSME Category, MSME Enabler Awards, Special Category Awards and Industry Focused Awards. The 26 categories fall under these five main categories. The programme is open to any Indian micro, small and medium scale enterprise, as defined by the Ministry of MSME.

US Secretary of State Antony Blinken will visit Israel, the West Bank, Belgium, North Macedonia and UAE this week. It is Blinken's third visit to Israel since Hamas launched an attack on southern Israel on October 7.

Taking cues from the international prices, MCX December gold futures opened in the green and were trading at Rs 61,649 per 10 gram, up by Rs 109 or 0.18% from the Monday closing price. Meanwhile, the December silver futures were trading at Rs 74,795 per kg, lower by Rs 11 or 0.01%. On Comex, gold futures were trading at $2,016.10 per troy ounce on Tuesday, up by $3.70 or 0.18% while Silver futures were trading at $24.655, higher by 0.026 or 0.11%. The dollar index was trading at 103.12 against a basket of top six currencies, down by $0.08 or 0.08% though the bias was negative. The December Gold futures ended at Rs 61,546 on holiday shortened Monday, up by Rs 6 or 0.01% while the December silver futures settled at Rs 74,792, lower by Rs 14 or 0.02%.

Prime Minister Narendra Modi has taken us to a path where we always wanted to be." “I want to tell you one thing. The mahapurush of the last century was Mahatma Gandhi.

Congress has submitted a memorandum to the Madhya Pradesh chief electoral officer seeking action against the Balaghat collector for allegedly taking postal ballots out of the strong room and indulging in malpractice. Chief Electoral Officer (CEO) Anupam Rajan on Monday denied the allegations and said local Congress leaders have expressed satisfaction at the procedure.

By Ankur Banerjee

Donald Trump plans to testify again next month in his civil fraud trial, his lawyers said Monday. He is to return Dec. 11, defense attorney Christopher Kise said. Trump had plenty to say during his initial testimony Nov.

Here are the key issues in the two-week COP28 negotiations starting Nov. 30 in Dubai. TAKING STOCK OF CLIMATE PROGRESS The main task at COP28 is a first-time assessment of countries' progress towards meeting the 2015 Paris Agreement's goal of limiting the global temperature rise to «well below» 2 degrees Celsius, while aiming for 1.5C. With global efforts lagging, countries will try during this «global stocktake» to agree on a plan to get the world on track to meet climate goals, which could include urgent steps towards cutting CO2 emissions or boosting green technology investments. As the COP28 talks begin, countries are at odds over whether this exercise should put the onus on all countries or just the world's wealthiest countries to do more because they released the most planet-warming emissions historically. Countries are expected to update their national emissions-cutting targets and plans by 2025. FUTURE OF FOSSIL FUELS The toughest talks at COP28 may focus on the future role of fossil fuels, and whether countries should commit to start phasing out the use of CO2-emitting coal, oil and gas. Countries agreed at COP26 to phase down the use of coal, but they have never agreed to quit all fossil fuels — the main source of planet-warming emissions. The United States, European Union and many climate-vulnerable countries are insisting on a final COP28 deal that commits countries to phase out fossil fuels.

Pope Francis is receiving antibiotics intravenously to treat a lung inflammation and will scale back some appointments, but he doesn't have pneumonia or fever, the Vatican has said. Francis himself on Sunday revealed that he was suffering from the inflammation problem, explaining why he didn't keep his weekly window appointment to greet people in St. Peter's Square.

At least 76 people have died and 40,000 displaced from their homes since the rains began pounding the country in October. President William Ruto convened an emergency cabinet meeting on Monday and said 38 of Kenya's 47 counties had been affected by floods and mudslides made worse by the El Nino phenomenon. State House spokesperson Hussein Mohammed also noted «disease outbreaks, destruction of infrastructure and property as well as prolonged power outages» across Kenya and the region. The worst affected areas are the coastal cities of Mombasa and Malindi and the northern Kenya region which borders Somalia, also hit hard by flooding. In Kenya's Garissa town, thousands of people have been displaced after their homes were swept away. «All roads are destroyed.

Buy or sell stocks for today: Last week, Indian stock market remained range-bound despite Nifty 50 index forming bullish candle on the weekly chart pattern. The 50-stock index went off 7 points and closed at 19,794 levels, BSE Sensex ended 47 points lower at 65,970 mark whereas Bank Nifty index gained 191 points and finished at 43,769 levels on Friday last week.

Israel’s operations in Gaza, and accelerate humanitarian assistance to civilians in Gaza," the US State department said. It will be his third trip to the region since October 7, when Hamas militants attacked Israel, killed more than 1,200 people, and took 240 hostages.

The bitcoiner Max Keiser has apparently retracted his bid to get El Salvador President Nayib Bukele and Argentina’s President-elect Javier Milei to talk BTC.

Binance founder Changpeng Zhao (CZ) could be sentenced to up to ten years in prison following his exchange’s historic legal settlement last week, according to a new filing from the Department of Justice (DOJ).

Joe Biden is the only President in the history of US to be over 80 while in office. The incumbent chief executive, who recently celebrated his 81st birthday, was also the oldest American president when he took the top job at the age of 78. His predecessor Donald Trump previously held the record for the country's oldest President. Biden's age has become a cause of concern as the country gears up for election next year.

BJP leader is likely to focus on the deprived people from districts who did not receive houses under the PM Awas Yojana, widow pension and dues from other central schemes through the Trinamool Congress government in Bengal, BJP sources claimed. The BJP leadership in Bengal has promised to help them even as politics over funds and central schemes continues between the Trinamool and BJP.

BRS working president KT Rama Rao slammed the Congress party for approaching the Election Commission of India (ECI) and filing a complaint to stop the disbursement of the money under Rythu Bandhu scheme. KT Rama Rao said that the Election Commission had earlier granted permission for the disbursement of the money under the Rythu Bandhu scheme but the permission was revoked after the Congress party filed a complaint. «Congress party even before coming to power had made sure Rythu Bandhu's money did not reach the farmers.

Tamil Nadu chief minister MK Stalin on Monday unveiled a statue of former prime minister VP Singh in Chennai's Presidency College to commemorate his 15th death anniversary. Singh is credited with the implementation of the Mandal Commission report, which paved the way for 27% reservation for OBCs in central government jobs. The unveiling of Singh's status gains significance in the backdrop of the importance that caste census and OBC (other backward class) politics have gained in the political narrative across the country. The event was attended by Singh's family members and Samajwadi Party chief and former Uttar Pradesh chief minister Akhilesh Yadav, among others. Sources told ET that JD(U) and RJD, the leading political parties of Bihar which came to existence riding on the Mandal wave, were not invited for the function, and it was only SP leader Yadav who was invited. Exemplifying the vagaries of politics, SP leader Mulayam Singh Yadav had become opposed to Singh in the later years, and had gone with his rival Chandrashekhar. At Monday's event, Stalin praised Singh, calling it a duty of his party DMK to honour the guardian of social justice. Tamil Nadu provides 69% reservation in the state.

By Dan Williams and Howard Goller

WASHINGTON (Reuters) — President Joe Biden will invoke a Cold War-era measure to boost investment in U.S. manufacturing of medicines and medical supplies that he has deemed important for national defense, the White House said.

NEW DELHI : Airing of prime cricket property—the World Cup, preceded by the Asia Cup—has resulted in a dent in viewership and advertising for non-sports channels on television as well as streaming platforms. And the dent is sizeable. “Cricketing data available for 10 weeks, excluding the last week of the World Cup, compared with the previous 10-week period of non-cricketing months, shows that the sports genre GRPs increased by almost 322%, all dominated by cricket," said Chandrashekhar Mantha, partner, media and entertainment sector leader, Deloitte India.