President Financial News
23.11 / 08:17
FIVE
Remark
President
show
"Lets see if they cross 15 seats..." Chhattisgarh CM Bhupesh Baghel's scathing attack on BJP
Chhattisgarh, Chief Minister Bhupesh Baghel has one again hit out at the BJP. Reacting to Former Chief Minister Raman Singh's remark of winning '55 seats in the state', Baghel said that it is just a bogus statement made by him. Attacking Raman Singh over his remark, Baghel said «When Raman Singh's (former CM & BJP leader) popularity was at its peak, he did not surpass 52 seats. Now, how can they expect to win 55 seats? He is saying all this to boost the morale of his workers.
23.11 / 06:24
Provident
Progressive
Action
Crypto regulations
President
country
Indian Finance Minister Shares Progress on Crypto Roadmap Implementation at Virtual G20 Summit
India’s Finance Minister Nirmala Sitharaman shared the latest advancements in the implementation of the crypto regulation roadmap during the virtual G20 Leaders’ Summit yesterday.
23.11 / 06:07
Target
Action
Fighting
Remark
President
reports
'Newcomers' need to work with seniors to achieve BJP's goals, says Bandi Sanjay Kumar
BJP state chief Bandi Sanjay Kumar on Thursday urged the «newcomers» in the party to work together with veterans and seniors to achieve the saffron party's common goals. Kumar, who was recently replaced by Union Minister G Kishan Reddy as Telangana BJP president, without naming anyone, called for the newcomers to sort out differences, if any, through dialogue. The BJP national general secretary, who is a sitting MP, is contesting from the Karimnagar assembly segment for the third time.
23.11 / 06:07
Cooper
President
Celebrity
show
stage
gatherings
What makes Thanksgiving a day of showing gratitude & cooperation? Exploring its history, significance
Thanksgiving is a festival celebrated by families across the United States as they gather on the fourth Thursday of November to mark the festival that originates back to the early 17th century. It's worth taking a moment to reflect on the historical roots and significance of this cherished holiday. The first Thanksgiving celebration was a pivotal moment for the Pilgrims, marking a shared celebration with the Wampanoag Indians in Plymouth, Massachusetts.
23.11 / 04:45
Digital
CEO
Platform
Strategy
President
Experts
DTH industry revenue falls 10% to Rs 11,000 crore in FY23
Dish TV, and Sun Direct—declined nearly 10% to Rs 11,072 crore in FY23, compared to Rs 12,284 crore the previous fiscal year, according to data obtained from the four firms' regulatory filings. Furthermore, the four DTH companies have incurred a net loss of Rs 2143 crore cumulatively, with Dish TV posting the biggest loss of Rs 1684 crore. All four DTH operators recorded losses in FY23, while three of the four DTH operators—aside from Dish TV—reported profits in FY22. However, Dish TV’s losses in both FY23 and FY22 were due to exceptional items amounting to Rs 1,908 crore in FY23 and Rs 2,654 crore in FY22, the company said in a statement. It added that the exceptional items were due to the impairment of intangible assets under development, trademarks or brands, property, plant equipment (PPE), and goodwill related to its merger with Videocon D2H and related accounting. Experts say that the DTH business is under stress due to a decline in the subscriber base and the average revenue per user (ARPU).
23.11 / 03:56
BLOCK
economy
President
country
electronic
consequences
guidelines
Modi calls for global AI regulation
Prime Minister Narendra Modi on Wednesday told the leaders of the Group 20 (G20) block of large economies they ought to work together for global regulation of artificial intelligence (AI).
23.11 / 03:43
LGBT
Platform
President
show
Inside
social
information
Vehicle explosion kills two at US-Canada bridge in Niagara Falls
US-Canada bridge in Niagara Falls on Wednesday, November 22, resulting in two people dying and necessitating the closing of four border crossings in the area, authorities said. No preliminary information was available on the cause of the explosion, but it provoked concern on both sides of the border. Canadian Prime Minister Justin Trudeau said officials were "taking this extraordinarily seriously", and the White House said President Joe Biden was "closely following the developments".
23.11 / 02:57
Citizens
President
reports
Washington warns India over alleged plot to kill US Sikh separatist
Sikh separatist on American soil with «utmost seriousness» and has raised the issue with New Delhi, the White House said Wednesday. The Financial Times reported that same day that US authorities had thwarted a conspiracy to kill Gurpatwant Singh Pannun, a US and Canadian citizen.
23.11 / 02:57
Action
President
show
country
cover
Military agreement fractures as tensions rise with North Korea
South Korea said on Wednesday it would suspend parts of a 2018 military agreement with North Korea designed to curb the risk of inadvertent clashes along their shared border, in response to Pyongyang's claim to have successfully launched a spy satellite. Among the concrete steps stemming from the move, Prime Minister Han Duck-soo said South Korea would immediately resume reconnaissance of the North's forces in border areas. Such surveillance had been curtailed under the pact, South Korean officials said. WHAT HAPPENED IN 2018? The so-called Comprehensive Military Agreement (CMA) signed between the two Koreas in 2018 was the most substantive deal to result from months of historic meetings between leader Kim Jong Un and then-South Korean President Moon Jae-in.
22.11 / 22:41
Blockchain
BLOCK
Digital
economy
President
country
Belgium Moves to Accelerate EU Blockchain Infrastructure Project
The Belgian government has unveiled plans to accelerate the development of a blockchain infrastructure project in Europe during its Council of the European Union presidency in early 2024.
22.11 / 22:29
Provident
Nov
President
Celebrity
cover
Department
recommendations
DOL proposal starts where Reg BI stops
An investment advice proposal recently released by the Department of Labor picks up where Regulation Best Interest leaves off — a point criticized by opponents and celebrated by supporters.
22.11 / 22:06
President
country
Argentina's Milei taps new YPF chief in one of first major decisions
By Eliana Raszewski
22.11 / 21:29
22.11 / 20:37
22.11 / 19:46
economy
President
country
Latin
information
Situation in global economy requires considering views of different states: Putin
global economy requires consensus and consideration of the opinions of different countries, Russian President Vladimir Putin said while speaking at the G20 virtual summit. «Now the situation in the global economy, and in the world as a whole, requires collective, consensus decisions that reflect the opinion of the overwhelming majority of the international community, both developed and developing countries,» Putin said. The Russian leader pointed out that the world is undergoing processes of radical transformation. «New powerful centers of global economic development are emerging and strengthening. A significant share of global investment, trade and consumer activity is shifting to Asian, African and Latin American regions, where most of the world's population lives.
22.11 / 19:46
Twitter
BLOCK
Digital
CEO
Strategy
President
Experts
AI poster child Sam Altman back at OpenAI, may have fewer checks on power
Sam Altman's return as OpenAI's chief executive will strengthen his grip on the startup and may leave the ChatGPT creator with fewer checks on his power as the company introduces technology that could upend industries, corporate governance experts and analysts said. OpenAI is bringing Altman back just days after his ouster as well as installing a revamped board that could bring sharper scrutiny to the startup at the heart of the AI boom, but strong support from investors including Microsoft may give Altman more leeway to commercialize the technology.
22.11 / 19:35
22.11 / 19:15
Twitter
FIVE
CEO
Strategy
President
show
social
saga
Lessons from OpenAI saga, coming soon to an IIM near you
OpenAI and his triumphant return in five days could make it to business school curricula, offering valuable lessons on leadership, loyalty and valuations. The OpenAI whirlwind started on Friday with the abrupt dismissal of co-founder and chief executive officer (CEO) Altman, who enjoys a cult-like status in the technology world. President Greg Brockman quit as well, prompting hundreds of employees to threaten resignation, and triggering an outcry to bring Altman back.
22.11 / 18:39
Target
Landmark
Volkswagen
Action
Tesla
Hyundai
President
Volkswagen to hike wages for U.S. workers by 11%
German automaker, Volkswagen (ETR:VOWG_p) revealed Wednesday its decision to increase salaries for production workers at its Chattanooga assembly plant in Tennessee by 11%. This announcement comes weeks after the United Auto Workers union secured substantial pay and benefit raises from the Detroit Three automakers.
22.11 / 17:53
BLOCK
Career
Software
President
stage
Department
symptoms
Larry Summers jumps to center of AI stage With OpenAI board seat
OpenAI announced the return of Sam Altman, its ousted chief executive officer, along with a revamped board that included one name not often associated with Silicon Valley: Larry Summers. The economist and former Treasury Secretary joined Bret Taylor, a former co-CEO of Salesforce Inc., and existing board member Adam D’Angelo in forming what the company called an “initial board." OpenAI’s prior directors fired Altman suddenly on Friday, setting off a dramatic saga that cast doubt on the future of the most closely-watched startup and technology. OpenAI said it was still working to “figure out the details" of its new management in a post online.
22.11 / 17:26
FIVE
Enterprise
President
show
reports
Department
Individuals, firms find wait for tax refunds is shorter: Survey
Nirmala Sitharaman on Wednesday showed that 87% of the individual respondents and 89% of the firms felt claiming income tax refund was convenient. Checking refund status was reported as smooth by 84% of individuals and 77% of firms. The extensive steps introduced by the government in recent years to streamline, simplify and automate the tax regime have borne rich dividends as is evident from the survey results on assessing speed and efficiency of income tax refunds, a statement from the finance ministry on the survey said quoting CII president R.
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