President Financial News

By Patricia Zengerle

personal loan, among others—in June fell from a year ago. Experts said this could be a result of banks turning cautious on such borrowers, especially after small-ticket personal loans have started exhibiting increased delinquencies. “Typically, when lenders want to tighten their risk filters, the new-to-credit customers are the first ones to be filtered off.

Coinbase will add four national security experts to its Global Advisory Council, it announced on Tuesday.

Investing.com — “No, not again!” — the Saudis must be thinking.

(Reuters) -Five Republican candidates will take part in the third 2024 Republican presidential debate on Wednesday in Florida. Donald Trump is set to skip the event.

₹6,508 per bbl, having swung between ₹6,504 and ₹6,730 per bbl during the session so far, against a previous close of ₹6,826 per barrel. -On the demand side, China's crude oil imports in October showed robust growth both year on year and month on month, but its total exports contracted at a quicker pace than expected. The expectations of crude run reductions by China-based refiners between November and December could also limit oil demand and exacerbate price declines.

Recyclers across the U.S. are struggling, hurt by a shortage of workers and rising costs that too often make recycling uneconomic. They are hoping artificial intelligence can help turn things around and boost recycling rates.

The yearslong criminal investigation into Hunter Biden has aired a lot of dirty laundry about the president’s son’s attempts at foreign business and his descent into drug addiction. A parallel congressional probe is now airing a lot of dirty laundry about the government officials investigating him.

By Amruta Khandekar and Shristi Achar A

By Howard Schneider and Lindsay (NYSE:LNN) Dunsmuir

Rogers Communications Inc. in unveiling a new mobile plan for low-income Canadians that it says will make 5G wireless services more accessible for eligible customers, one of several undertakings the company agreed to when it received the federal government’s approval for its acquisition of Shaw Communications Inc. earlier this year.

government has allowed wholesalers of tur and urad dal to increase stocks of the pulses to 200 metric tonnes from 50 metric tonnes earlier, according to a notification from the department of consumer affairs. «This relaxation will help the industry in increasing the supply of these pulses in the market,» said Suresh Aggarwal, president of All-India Dal Mill Association. The industry had recommended this in its last meeting with officials, he said. The government also doubled the time period for which importers can hold their stocks after clearance to 60 days. While there has been no change in the holding capacity for small retailers, which is 5 metric tonnes, big chain retailers can hold up to 200 metric tonnes per depot, up from 50 metric tonnes. The notification also said millers can stock up to 25% of the last three months' production or annual installed capital, whichever is higher.

Rahul Gandhi and his cousin Varun Gandhi, a BJP MP from Pilibhit constituency in UP, Tuesday unexpectedly met with each other at the Kedarnath shrine where both had gone to offer prayers, PTI reported citing sources. The Congress leader, who has been there for the last three days, was wrapping up his visit while Varun Gandhi along with his family reached there today. Rahul Gandhi—who is 10 years older than his cousin—was very happy to meet Varun's daughter Anusuiya, reports said adding that the meeting was very brief, warm and there was no political discussion at all.

Chicago Federal Reserve President Austan Goolsbee said Tuesday a soft landing is still on the table as the central bank seeks to combat inflation without hurting the economy significantly.

Mizoram witnessed a voting percentage of over 75 percent. It was incident-free polling.

(Reuters) — Russia's budget deficit shrank further in October thanks to higher oil prices, a weak rouble and an inflow of quarterly tax payments, the finance ministry said on Tuesday.

According to individuals with knowledge of the situation, the sovereign wealth fund of Saudi Arabia is currently negotiating an investment of no less than $250 million in Human Horizons Group, a Chinese electric-vehicle manufacturer.

Former St. Louis Federal Reserve President James Bullard addresses concerns over rising interest rates on «Cavuto: Coast to Coast.»

O'Leary Ventures Chairman Kevin O'Leary discusses inflation as the president touts Bidenomics, the 'downsizing' of America and division on college campuses. 

Ipsita Dasgupta, senior vice president and managing director of HP India, has purchased a luxury apartment in Mumbai’s Worli locality for more than Rs 22.50 crore. Dasgupta was roped in by HP India from Apple in October and will be responsible for leading all aspects of the company’s strategy and profit and loss (P&L) in India, Bangladesh, and Sri Lanka. She has bought the apartment on 4th floor of super-premium project Raheja Artesia from the developer K Raheja Corp Homes. The deal was executed by Genext Hardware & Parks, one of the subsidiaries of the real estate developer. The deal, executed on October 26, has attracted more than Rs 22.56 lakh in fees, showed documents accessed through Zapkey.com.

By Duncan Miriri and George Obulutsa