President Financial News

Telangana Assembly Elections 2023: The Bharatiya Janata Party (BJP) on Friday released its final list of 14 candidates for the November 30 polls in Telangana. The candidates include senior leader N Ramachander Rao, a former MLC, who has been fielded from Malkajgiri here.

BEIJING — U.S. chipmaking giant Nvidia has reportedly found a way to sell high-end chips to Chinese companies — while remaining compliant with U.S. rules aimed at curbing China's access to the tech.

Sri Ram Janambhoomi Trust Champat Rai and Treasurer Govind Dev Giri Maharaj paid a visit to Uttar Pradesh Chief Minister Yogi Adityanath on Friday and invited him for the 'Pran Pratishtha' ceremony at the Ram Temple on January 22, 2024. Speaking to about the consecration ceremony, Ram Janambhoomi Trust Champat Rai said, «We had come today to invite Uttar Pradesh Chief Minister Yogi Adityanath to attend the 'Pran Pratishtha' ceremony at the Ram Temple on January 22, 2024. Ayodhya is the city of liberation and salvation which is coming back to its original form after a long time.» Treasurer of Sri Ram Janambhoomi Trust Govind Dev Giri Maharaj also spoke to ANI about the consecration ceremony and said, «Today we came here to meet and invite the Gorakhnath Temple Mahanta and UP CM Yogi Adityanath.

SAD) president Sukhbir Singh Badal launched a blistering attack on the ruling Aam Aadmi Party (AAP) in Punjab, alleging a complete breakdown in law and order under the leadership of Chief Minister Bhagwant Mann. «The law and order situation has completely collapsed in Punjab under the @BhagwantMann-led @AamAadmiParty govt.

Joe Biden has said that there is «no possibility» of a ceasefire in Gaza. Biden said that the US government will not stop until it gets the hostages out. Speaking to reporters about the chances of a Gaza ceasefire, Biden said, «None, No possibility.» Asked about an update on getting hostages out, he said, «We're still optimistic.» In his message to the families of the hostages in Gaza, Biden said, «We're not going to stop until we get them out.» Speaking to reporters before Air Force One departure at Joint Base Andrews in Maryland, Biden said that the retaliatory strikes in the Middle East are working «in the sense that we're hitting the targets strategically.» Biden said he had asked Israeli Prime Minister Benjamin Netanyahu for a more than three-day pause. Asked whether he had asked Netanyahu to pause for three days to get the hostages out for that length of time, Biden said, " Yes.

SIAM data, the total production of Passenger Vehicles, Three-wheelers, Two-wheelers, and Quadricycle in October 2023 was 2,621,248 units. For passenger vehicles in particular, the segment saw 15.9 percent growth year-on-year (YoY) - a record milestone. Also Read: Share of entry-level cars in India's PV market plummets to record low – Passenger Vehicle sales were 389,714 units in October 2023.

OpenAI's ChatGPT and Microsoft's cloud computing, to enable virtual assistant interactions, reported Reuters. The device, known as the Ai Pin, is intended to be worn on clothing. It allows users to tap and communicate with a virtual assistant, which is powered by technologies from OpenAI, the creator of ChatGPT, and utilizes cloud computing power from Microsoft.

Federal Reserve will not hesitate to raise interest rates further, if necessary, to achieve its 2% inflation target, took some sheen out of the yellow metal on Friday as bullion traded in the red in the early trade. At 9:30 am, MCX December gold futures were trading at Rs 60,218 per 10 gram, down by Rs 64 or 0.11% from the Thursday closing price. Meanwhile, the December Silver futures were trading at Rs 71,120 per kg, lower by Rs 93 or 0.13%. On Comex, gold futures were trading at $1,951.30 per troy ounce on Friday, down by $6.50 or 0.33% while silver futures were trading at $22.545, lower by $0.183 or 0.810%. The dollar index was trading flat at 105.89 against a basket of top six currencies, down by 0.02 points or 0.02%. The December gold futures ended at Rs 60,327 on the MCX on Thursday, up by Rs 318 or 0.53% while the December Silver futures settled at Rs 71,390, higher by Rs 177 or 0.25%. «Spot gold was able to find support at the crucial level of $1945.

Canada, Melanie Joly, has said that she is in close contact with her Indian counterpart, S Jaishankar, adding that it is a difficult moment in relationship between the two nations that has spanned decades. Melanie Joly held a virtual news conference on Thursday to discuss her participation in the recent G7 foreign ministers' meeting, which took place in Tokyo. During the conference, Joly discussed Canada's diplomatic standoff with India, especially at a time when relations between the two countries remain strained. She said, «When it comes to India, I have mentioned it many times...I am in close contact with my counterpart, S Jaishankar, and we know this is a difficult moment in a relationship that spanned decades, so therefore I am confident that we will be able to get through this difficult period, as we know that we have many interests also that we can work together in common.» Highlighting the issue of 41 Canadian diplomats withdrawn from India, she stated that Canadian diplomats had to leave India because their immunities were taken back. «Of course we talk about our relationship within the Indo-Pacific with all our friends and like-minded...and of course...we are preoccupied by Induia's decision to get rid of the diplomatic immunities of 41 of our Canadian diplomats which put their safety at risk,» she said. «And, we are happy to see that there is clear language in the declaration (G7 declaration) reaffirming the importance of the Vienna Convention and the diplomatic immunities that are part of this,» she added. On being asked by the reporters if the dispute is settled now, the Canadian Foreign Minister added by saying, «Well, first and foremost, I have said it many times that Canadian diplomats had to leave

Day trading guide for stock market today: After showing upside recoveries in the last couple of sessions, Indian stock market continued with choppy movement on Thursday and closed lower on Thursday. Nifty 50 index lost 48 points and closed at 19,395 levels, BSE Sensex went down 143 points and closed at 64,832 mark whereas Bank Nifty index finished 24 points higher at 43,683 levels.

An economic grouping that includes several ex-Soviet nations along with Afghanistan, Iran, Pakistan and Turkey has held a summit in Uzbekistan, and leaders of member countries have vowed to further expand trade and economic ties

US Federal Reserve is prepared, if needed, to hike interest rates further in order to bring inflation down to its long-term two percent target, Fed Chair Jerome Powell said Thursday. «We know that ongoing progress toward our two percent goal is not assured: Inflation has given us a few head fakes,» Powell told a conference in Washington. «If it becomes appropriate to tighten policy further, we will not hesitate to do so,» he added, in remarks that were briefly disrupted by climate protesters. Powell's comments come just over a week after the US central bank voted to hold interest rates steady at a 22-year high for a second consecutive meeting, fueling expectations that it was done with rate hikes. While the Fed's rate-setting committee is «committed» to achieving a sufficiently tight stance of monetary policy, «we are not confident that we have achieved such a stance,» Powell said. The Fed chair's comments suggest the US central bank is still concerned about the prospect of a re-acceleration of inflation, which has more than halved since peaking last year, according to the Fed's favored yardstick. However, Powell later indicated that he felt the Fed was «probably» at a point where its monetary policy was «significantly restrictive,» suggesting that the Fed felt confident in its current stance. «We're watching the effect carefully on the economy,» he said.

Iraq may have helped keep America from being dragged deeper into a widening Middle East conflict. The drone, which was launched at the Erbil air base by an Iranian-backed militia before sunrise on Oct. 26, penetrated U.S. air defenses and crashed into the second floor of the barracks housing American troops at about 5 a.m, according to two U.S.

Buy or sell stocks for today: Indian stock market swung between gains and losses and finally ended lower on Thursday session. Nifty 50 index lost 48 points and closed at 19,395 levels, BSE Sensex went down 143 points and closed at 64,832 mark whereas Bank Nifty index finished 24 points higher at 43,683 levels.

Gaza Strip, according to a report published by The Guardian, citing sources familiar with the negotiations. This came in exchange for releasing some hostages held early in the war. However, other sources indicated that the negotiations started prior to the Israeli ground invasion which resumed after October 27 and Netanyahu took a tough line on proposals involving a ceasefire in return for hostages.

US Secretary of Defense Lloyd Austin will join Blinken in talks with India's foreign minister S Jaishankar and defence minister Rajnath Singh. The annual dialogue is expected to focus on "defence and security cooperation", the report added. Overall, the discussions are expected to cover a range of issues, including the ongoing border dispute with China, Russia's invasion of Ukraine, and the challenge posed by the conflict in Gaza to key trade and transport routes linking Europe, the Middle East, and India.

BEIJING — Chinese startup Li Auto sold more cars than Tesla's China business did in October, according to the China Passenger Car Association.

Israeli post-war occupation of Gaza, where Israel has waged a bombing campaign to destroy the enclave's Hamas rulers after militants rampaged through southern Israeli communities on October 7 in an attack that Israel says killed 1,400 people. 3) According to health officials, Israel's bombardment of Gaza has killed more than 10,800 Palestinians. A humanitarian catastrophe has unfolded as basic supplies run out and wounded people overwhelm a fragile medical system.

Investing.com — Stocks sank on Thursday after Federal Reserve Chair Jerome Powell dashed investor enthusiasm over the end of interest rate increases.

By Stephen Nellis

The federal government will give an update on the country’s finances later this month, with Finance Minister Chrystia Freeland set to deliver the fall economic statement as Canadians face difficulties amid high interest rates and ongoing cost of living concerns.