President Financial News

08.03 / 11:23
markets BLOCK Action Fighting Election President Need to filter out those Congress leaders who work for BJP, says Rahul Gandhi
Rahul Gandhi on Saturday said there was a need to filter out leaders and workers from his party who were working for the BJP and warned of strict action, even removals. Addressing party workers on the second day of his two-day Gujarat visit, the party's first job was to separate two groups of Congress workers and leaders — ones who carry the party ideology in their hearts and stand with the public and the others who were cut off from the public, «half of whom are with the BJP». Gandhi's visit to the state is focused on the 2027 assembly polls, for which he has hinted at a major overhaul in the party's state unit and assured a strong plan to defeat the BJP. «There are two types of people in the Gujarat Congress leadership and among workers. Those who are honest with people, fight for them, respect them and have the ideology of the Congress in their heart. And the others who are cut off from the people sit far away, do not respect them, and half of whom are with the BJP,» he said.
08.03 / 09:25
markets Provident Cooper community President International Muslim nations adopt Arab alternative to Trump's Gaza plan
Organisation of Islamic Cooperation formally adopted early Saturday an Arab League counter-proposal to US President Donald Trump's plan to take over Gaza and displace its residents, calling on the international community to support the regional initiative. The decision by the 57-member grouping came at an emergency meeting in Jeddah, Saudi Arabia, three days after the Arab League ratified the plan at a summit in Cairo. The Egyptian-crafted alternative to Trump's widely condemned takeover proposes to rebuild the Gaza Strip under the future administration of the Palestinian Authority.
08.03 / 09:25
markets President RAI reports Courts Investigations South Korea's impeached President Yoon leaves detention, trial continues
Yoon Suk Yeol left a detention centre in Seoul on Saturday, after prosecutors decided not to appeal a court decision to cancel the arrest warrant of the impeached leader. Yoon remains suspended from his duties and under insurrection charges over his short-lived martial law imposition on December 3. The criminal case is separate from his impeachment trial, in which the Constitutional Court is expected to decide in coming days whether to reinstate him or remove him from office. The Seoul Central District Court cancelled Yoon's arrest warrant on Friday, citing the timing of his indictment and «questions about the legality» of the investigation process.
08.03 / 09:25
markets Manufacturing Trade President RAI country Videos Take Parliament into confidence: Congress to PM on Trump's India cutting trade tariff claim
«Commerce Minister Piyush Goyal is in Washington DC to talk trade with the Americans. Meanwhile, President Trump says this...,» he said in a post on X, tagging a video of the US president speaking on trade tariffs. US President Donald Trump said India has agreed to cut its tariffs «way down» as he reiterated his claim that the country charges America massive tariffs that make it difficult to sell products there.
08.03 / 07:33
markets Digital Action Trade President RAI Samsung India workers end strike, company welcomes decision
Samsung India workers at the Sriperumbudur factory near here has been called off, and they will resume work in batches from March 8, CITU state president A Soundararajan said on Friday. Commenting on the development, the company stated, «Samsung welcomes the workers' decision to call off the illegal strike and resume their duties at the Chennai plant.» The company's initiative to welcome back striking workers and its proactive engagement have facilitated their return, effectively ending the strike, a spokesperson said in a release. «We remain committed to enforcing discipline on the premises and resolving outstanding issues directly with our workers to maintain a positive work environment,» the spokesperson added.
08.03 / 06:19
markets President RAI social reports Department Elon Musk vs Marco Rubio: A bitter feud erupts in Donald Trump’s Cabinet, and the winner is...
White House Cabinet Room, it finally erupted. Elon Musk, the billionaire tech mogul and Trump’s top adviser on government efficiency, sat across from US Secretary of State Marco Rubio. The subject: deep staff cuts across the federal government. According to The New York Times, Musk had been pushing for sweeping layoffs, but Rubio wasn’t moving fast enough for his liking. “You have fired nobody,” Musk reportedly scoffed, accusing Rubio of dragging his feet. Rubio, visibly irritated, fired back. He reminded Musk that 1,500 State Department officials had taken buyouts. Then, with a jab of sarcasm, he added: “Do you want me to rehire all those people just so you can fire them again for the show?” Musk, unimpressed, dismissed Rubio’s efforts as insufficient.
08.03 / 06:19
markets UPS Manufacturing economy President War reports US economic worries mount as Trump implements tariffs, cuts workforce, freezes spending
Trump may be doing more to harm the US economy than to fix it. The labour market remains healthy with a 4.1 per cent unemployment rate and 151,000 jobs added in February, and Trump likes to point to investment commitments by Apple and Taiwan Semiconductor Manufacturing Company to show that he's delivering results. But Friday's employment report also found that the number of people stuck working part-time because of economic circumstances jumped by 460,000 last month. In the leisure and hospitality sectors that reflect consumers having extra money to spend, 16,000 jobs were lost. And the federal government reduced its payrolls by 10,000 in a potential harbinger of the alarm being sounded by the stock market, consumer confidence and other measures of where the economy is headed.
08.03 / 05:35
CEO BAY Hudson Trade President Department Traffic Hudson's Bay seeks creditor protection, plans to restructure business
Canada’s oldest retailer, Hudson’s Bay, has filed for creditor protection and intends to restructure the business
08.03 / 05:35
markets Waters Action President Experts Doge New EPA guidance says spending items greater than USD 50,000 must get approval from DOGE
«Any assistance agreement, contract or interagency agreement transaction (valued at) USD 50,000 or greater must receive approval from an EPA DOGE team member,» the EPA guidance says, according to documents obtained by The Associated Press. To facilitate the DOGE team review, EPA staff members have been directed to submit a brief, one-page explanation of each funding action each day between 3 and 6 pm Eastern time, the guidance says. Other relevant forms also must be completed.
08.03 / 05:35
markets Action Election President War Bitcoin Department Trump says working to end US government 'war on Crypto'
Strategic Bitcoin Reserve', United States President Donald Trump said that he's working to end the government's «war on crypto» Addressing the Crypto Summit at the White House, Donald Trump heavily criticised former President Joe Biden's stringent actions against cryptocurrencies such as Bitcoin and expressed a more welcoming approach by his administration. «My administration is working to end the federal bureaucracies' war on crypto which was really going pretty wildly during Biden until the election came about. 5 months before the elections he became a big fan because he heard how many people love it and respect it but i guess it didn't work out for him.»
08.03 / 04:51
markets UPS President country voice International 'Women's voices are being heard': BJP's Nida Khan on Women's Day
Women's Day, BJP leader and activist Nida Khan, known for her fight against triple talaq, reflected on the significant improvements in the condition of women over the past two decades. Speaking to ANI, Nida Khan said, «Women today are much stronger and can speak up for themselves, something that was difficult in the past. The law against triple talaq, which was prevalent in Muslim communities, was a major step towards empowering women. This law has helped women raise their voices and stand up for their rights.» Further, she added, " The administration would not even write their report. But now the environment has changed. Women are moving forward. Women are being heard. Helplines are being run for women. A lot is being done for women...."
08.03 / 04:51
markets Target Action Bill President students Diversity Trump seeks to bar student loan relief to workers aiding migrants and transgender kids
Trump signed an executive order instructing administration officials to alter a student loan forgiveness program for public servants to exclude nonprofit organizations that engage in activities that have what he called a «substantial illegal purpose.» His order to restrict the program appears to target groups supporting immigrants in the country illegally, diversity initiatives or gender-affirming care for children, among others, as the Trump administration has sought to eliminate federal support for efforts that have drawn right-wing ire. The order, made public Friday, is the latest of many attempts to overhaul the loan forgiveness program, which has often whipsawed borrowers with rule changes and bureaucratic obstacles.
07.03 / 22:53
UPS economy wellness Trade President International Ministers from Japan and UK agree to promote free trade amid Trump tariff threats
Economy and foreign ministers of Japan and Britain agreed Friday to promote free and open international trade at their first “two-plus-two” dialogue on economy held in Tokyo amid growing concern about U.S. President Donald Trump’s tariff threats
07.03 / 22:25
COST President reports rights Costco to reduce Canadian products in U.S. stores in wake of tariffs
Costco Wholesale Corp. says it is looking to reduce its reliance on Canadian products in its stores in the United States in response to tariffs from U.S. President Donald Trump.
07.03 / 20:15
markets Digital Entertainment President social information Department Disney job cuts: ABC News President accused of not taking any questions while announcing layoffs at FiveThirtyEight
ABC News President Almin Karamehmedovic appeared to be reading from a script when he informed five thirty-eight staff members at the data-focused news site that 15 of their colleagues received termination notices. The employees had known about job terminations in the company after a Wall Street Journal report. Karamehmedovic followed a prepared statement during the meeting while fielding no questions nor offering any information about Disney's decision to discontinue FiveThirtyEight operations, according to the Status newsletter. The statement ended with a handshake before HR representatives took over communication duties. Team access to ABC News systems ended immediately following the staff meeting as the FiveThirtyEight website disappeared from the internet.
07.03 / 18:21
markets Fighting economy Trade President country reports Heated clash: Donald Trump and Justin Trudeau’s post-tariff call reportedly turns explosive, filled with profanity and tense exchanges
Donald Trump and Canadian Prime Minister Justin Trudeau has gotten way worse lately, like two friends who can’t stop fighting. Back in the day, Canada and the U.S. were super close, working together on trade and stuff. But now? Things are messy.
07.03 / 18:21
markets Sustainability Trade President Diversity show gatherings Vinitaly Indian Roadshow: The icon of Italian cuisine and culture lands in India
Vinitaly India Roadshow comes weeks before over 4000 wine producers are scheduled to gather in Verona for the 57th edition of VinItaly 2025 between 6-9 April in Verona at a time when India-Italy relations are at their zenith. “Italy is the first wine producer in the world. But for Italy wine is much more than a beverage or an economic factor” noted the Ambassador of Italy to India Antonio Bartoli. “It is an integral part of the Italian culture. Hundreds of different types of wine testified to the authenticity and diversity of our territories. Wine is a driver of conviviality, togetherness, good-taste and quality. Values and traits that we share with India. We are happy to host this preview in Delhi, knowing how wine can further foster contacts and exchanges between our peoples and Countries” highlighted the Italian Head of Mission. The event which highlights the importance of “Made in Italy” comes at an opportune time, with Deputy Prime Minister of Italy Antonio Tajani, expected to lead a business delegation to New Delhi in early April.
07.03 / 16:37
Remark Trade President War rights Updates Trump news updates LIVE: US President Donald Trump to address media soon
Trump news updates LIVE: US President Donald Trump is set to deliver remarks to the media shortly, with expectations high regarding potential statements on key policy issues and ongoing developments in his administration.While the White House has not disclosed specific topics, Trump’s address comes amid rising economic concerns, including weaker-than-expected job growth in February, the impact of his federal workforce cuts, and new trade tariffs.Also, Trump’s remarks may touch on foreign policy matters, particularly the ongoing Russia-Ukraine war and his recent statement on potential new sanctions against Moscow.The media briefing follows a period of heightened political and economic activity, and analysts will be closely watching for any policy shifts or announcements that could shape the administration’s next steps.US President Donald Trump has announced that he is "strongly considering" imposing large-scale economic sanctions on Russia in response to its intensified military offensive in Ukraine. In a post on Truth Social, Trump emphasised the urgency of diplomatic negotiations while threatening severe financial measures."Based on the fact that Russia is absolutely 'pounding' Ukraine on the battlefield right now, I am strongly considering large scale Banking Sanctions, Sanctions, and Tariffs on Russia until a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED," Trump wrote."To Russia and Ukraine, get to the table right now, before it is too late.
07.03 / 14:07
Citi security Southern President War country testing Syrian forces battle insurgents in serious test for new government
Subscribe to enjoy similar stories. Syrian government forces are responding to a series of clashes and ambushes launched by partisans of the deposed Assad regime, the biggest domestic military challenge yet to the former rebel group trying to hold the country together with stretched manpower.
07.03 / 14:07
Gap economy Food Trade President country reports In charts: What reciprocal tariff threat could mean for Indian goods
Subscribe to enjoy similar stories. US President Donald Trump has been relentless in his pursuit of a tariff overhaul ever since assuming office in January. After making Mexico, China, and Canada his first victims (even though he paused some of the moves for a limited time), and threatening 25% tariffs on all steel and aluminium imports, he then announced his intention to introduce reciprocal tariffs on US’s imports from other countries, including India.
07.03 / 14:07
COST Trade President Experts show country 2020 Big chunk of North American trade remains exposed to tariffs
Subscribe to enjoy similar stories. President Trump on Thursday suspended for one month the 25% tariffs he placed on Mexican and Canadian products earlier this week. But there’s a catch: The deal only applies to goods that had been traded duty-free under a 2020 North American trade agreement.

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