Progressive Financial News

Ukraine’s leader says Russian naval assets are no longer safe in the Black Sea near Crimea

California Gov. Gavin Newsom opened a weeklong trip to China with an assurance that his state will always be a partner on climate issues no matter how the U.S. presidential election turns out next year

The United Auto Workers union has once again escalated its strikes against Detroit Three automakers, this time adding a factory that makes Ram pickup trucks for Stellantis

PTI, Kavitha will be discussing the various initiatives implemented by the government led by Chief Minister K Chandrashekar Rao in Telangana and the notable advancements made in various sectors. K Kavitha has received an invitation from Oxford University to deliver a lecture in the field of development economics. This information was disclosed in a statement from Kavitha's office, as announced on Tuesday.

ANI, CJI delivered his remarks during the third edition of the comparative constitutional law discussion at Georgetown University in Washington, D.C. The event focused on “Perspectives from the Supreme Courts of India and the United States." “I do believe that sometimes it’s a vote of conscience and I stand by what I said," Chandrachud noted.

The letter, issued a week before the international AI Safety Summit in London, lists measures that governments and companies should take to address AI risks.

Logitech International lifted its full-year guidance on Tuesday after the computer keyboard and webcam maker increased profit and slowed the rate of its sales downturn during its second quarter ended Sept. 30. The Swiss-American company, which experienced a strong pandemic as people stocked up on its equipment to work from home, added it was closer to finding a new CEO after Bracken Darrell left in June to take charge of Vans sneaker maker VF Corp.

Bishan Singh Bedi, one of India’s most influential cricketers of all time, died at 77 on Monday, leaving a legion of fans, admirers and students in mourning. Bedi bowled with the most beautiful action of any slow left-arm spinner in the game with the precision of a surgeon. He led various teams with the kind of progressive thinking that was far ahead of his time. He fought for causes he believed in with steadfastness and integrity, taking on even the most powerful people around if it meant righting a wrong.

The Basel Committee on Banking Supervision (BCBS) has created a proposal for the banks it oversees to reveal their crypto exposure from 2025. What does this mean for the crypto market? Does this impact Bitcoin SV (BSV) and the brand-new VC Spectra (SPCT)?

Women appear to be making some advance in the broad financial advice industry, with an increase in the numbers of women getting the certified financial planning designation last year just one example of that.   

Sarah Jama from caucus.Stiles says the member for Hamilton Centre, who has been under fire for comments about the Israel-Hamas conflict, made what Stiles calls “a number of unilateral actions” that have undermined the party’s collective work and broken the trust of her colleagues.Jama spoke this morning in the legislature against a motion to censure her for a statement she made on the conflict between Israel and Hamas.She said Premier Doug Ford’s government is targeting her to distract from its own scandals, and also said that governments and institutions in Canada are trying to use their voice and weight to silence people who support Palestinians.The Progressive Conservative motion would effectively silence Jama in the legislature and calls on the Speaker not to recognize her in the House until she retracts her original statement and apologizes again.Jama’s original statement, on social media, decried “the generations long occupation of Palestine” without mentioning the attack by Hamas militants on Israeli civilians.Stiles had originally defended Jama after the legislator issued an apology for her initial statement, but now says in a statement that she and Jama had agreed that in order for her to stay in caucus they would work together “in good faith with no surprises” but now some of her actions “have contributed to unsafe work environments for staff.”

Automotive News executive editor Jamie Butters discusses the expansion of the UAW strikes and its impact on car buyers.

Recep Tayyip Erdogan has submitted a protocol for Sweden's admission into NATO to Turkey's parliament for ratification, his office said Monday. Erdogan had been delaying ratification of Sweden's membership, accusing Stockholm of being too soft on Kurdish militants and other groups he considers to be security threats. Turkey also was angered by a series of Quran-burning protests in Sweden.

By Yimou Lee and Ben Blanchard

Hemant Kanawala, Head-Equity, Kotak Life Insurance, says of late, we have seen that the largecaps have by and large stayed flat but we have seen a lot of rallies happening in the midcaps and smallcaps but as far as the largecaps have been concerned, that phase can continue for another six months. We will also have election uncertainty after six months. We believe that the market should spend some more time in the 18,000-20,000 before making further progress backed by earnings. How would you evaluate the market at the moment? You are seeing it largely being range-bound. Is this a phase of consolidation? Will there be more buying opportunities? In the last two years, broadly the market has been consolidating in the 18,000-20,000 range. We made a high of 18,500 two years back and we have slightly moved up in line with the earnings. So, currently, the Indian micro is doing very well. Corporate India is reporting strong earnings growth. Even the PMI activity reported is on a good side. The Indian economy is doing well. But we are seeing challenges from the external environment.

AAP leaders, like myself Manish Sisodia, Satyendar Jain, Atishi, and Saurabh Bharadwaj, don't have political backgrounds. We are the 'aam aadmi'. The leaders of other parties are often found to be involved in hooliganism, skirmishes, and exploitation of people for their personal benefit," the AAP supremo said.

Takeover target Pact Group has axed 175 jobs, put a Victorian business up for sale and is weighing up whether to proceed with a renewed attempt at selling its entire contract manufacturing business valued at close to $130 million.

Bank of Baroda (BoB), banning it from onboarding new customers on its digital application, has forced other lenders to relook at their digitisation processes, plug loopholes, and monitor employees to prevent any untoward incidents. While the central bank has not yet sent any specific queries or sought new disclosures from other banks, bankers expect that the RBI will henceforth scrutinise digital data more closely and not take anything at face value. «So far the RBI used to take updates and data on the progress of digital channels from banks at face value, but going forward we expect more scrutiny and comments from the RBI on this,» the digital head of a private sector bank said. On October 10, the RBI banned BoB from onboarding any new customers onto its 'bob World' mobile application with immediate effect based on what it said were certain material supervisory concerns observed in the manner of taking on customers by the bank. Bankers said the regulator's action has sent a strong message that cannot be ignored.

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Tata Motors is working on developing a new petrol powertrain for its premium sports utility vehicles, the Harrier and Safari. Currently, these models are equipped with a 2-litre diesel engine.