Progressive Financial News
21.10 / 10:11
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CVS workers strike at 7 California locations seeking better pay, health care
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21.10 / 09:51
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India and China agree on patrolling arrangement along disputed Ladakh border
India and China have reached an agreement on a patrolling arrangement along their contested Himalayan border, marking a step toward easing tensions that escalated in 2020. Indian Foreign Secretary Vikram Misri shared this development on Monday, signaling progress in disengagement efforts between the two nations. “As a result of the discussions that have taken place over the last several weeks, an agreement has been arrived at on patrolling arrangements along the line of actual control in the India-China border area, and this is leading to disengagement and eventually a resolution of the issues that had arisen in these areas in 2020,” Misri said. Over last few weeks, Indian and Chinese negotiators have been in touch on it, Misri added, talking about the border row with China in eastern Ladakh.
21.10 / 07:23
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India’s middle-class riddle: How much do you need to be called rich?
Subscribe to enjoy similar stories. India’s rapid growth story is often linked to its burgeoning middle class. But lack of any official definition makes for an interesting trend: over 88% of urban Indians, including many earning well past India’s per capita income, call themselves ‘middle-class’ when asked to describe their family’s financial situation, reveals the latest round of the YouGov-Mint-CPR Millennial Survey, held in July.
21.10 / 06:19
Progressive
security
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Deloitte
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Vaccines
Haryana polls strengthened expression of stability: PM Modi
stability with a mandate to his government for three consecutive terms and asserted that they strengthened this expression of stability in the recent Haryana Assembly polls. Addressing the NDTV World Summit here, he also said India has a «double AI» advantage and that when the power of 'aspirational India' and 'artificial intelligence' combines then it is natural for development to take place at a fast pace. Modi said India is a friend in times of crisis and cited how the country sent vaccines to scores of nations during the Covid pandemic. «India does not have 'taken for granted' relations, its relations are built on trust and reliability.When India moves forward there is no jealousy but world feels happy about it as its progress benefits the world,» the prime minister said.
21.10 / 04:27
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HDFC Bank may see a good re-rating over 3-4 years; Kotak Bank to remain range-bound: Rahul Malani
Rahul Malani, Banking Analyst, Sharekhan, says if one has an investment horizon of around three years, then this is a good entry point for HDFC Bank from a medium-term perspective. In the near term, it will continue to be guided by the news flows and the quarterly numbers. Malani does not see more than 10-15% upside in the next one to two years. But over three to four years, there is a scene for good re-rating. As for Kotak Mahindra Bank, the Street seeks a timeline for the lifting of the RBI embargo on issuing credit cards and onboarding more online customers via and also the overall submissions to the RBI were unclear. So, until and unless that clarity comes to the Street, Kotak Bank will continue to remain range-bound and trade with a negative bias. Let us start off with Kotak because that is an out-and-out disappointment. Do you think that is much in the price, given that the stock has languished for quite some time now? Rahul Malani: As you rightly alluded, the valuation mostly reflects all the intermittent headwinds. So, we do not feel that there will be a much negative reaction on the stock because the results were weak but that was on expected lines. However, the Street was looking at the timelines for the lifting of the RBI embargo, plus the overall submissions to the RBI that were unclear. So, until and unless that clarity comes to the Street, Kotak Bank will continue to remain range-bound and will trade with the negative bias.
20.10 / 16:09
Progressive
Racing
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B.C. Election: What the party leaders said as votes continue to be counted
The outcome of British Columbia’s election was unclear after a close race between the NDP and the B.C. Conservatives, with the Greens poised to play a role in a potential minority government.
20.10 / 15:47
UPS
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Progressive
poverty
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Vaccines
Bill Gates on how feeding children properly can transform global health
Subscribe to enjoy similar stories. WHEN HISTORIANS write about the first quarter of the 21st century, they may sum it up this way: 20 years of unprecedented progress followed by five years of stagnation. This is true for nearly every issue the Bill & Melinda Gates Foundation works on, from poverty reduction to primary-school enrolment.
20.10 / 10:59
markets
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International
India needs to watch out for a remodelled EU that’s taking shape
Subscribe to enjoy similar stories. India should be wary of a remodelled European Union (EU) coming down the turnpike. The 27-member bloc, in addition to its internal contradictions, is fraying at the edges with multiple members expressing displeasure openly.
20.10 / 04:31
COST
Progressive
Southern
Food
country
cover
CVS workers strike at 7 Southern California stores for better pay and health care
Workers at seven CVS pharmacies in Southern California have gone on strike for better pay and health care and to protest what they say is bad-faith contract bargaining by the company
19.10 / 15:53
markets
Digital
Progressive
Strategy
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PAM
information
Civil servants need to keep themselves abreast with latest technological developments: PM Modi
Narendra Modi asked civil servants on Saturday to keep themselves abreast with latest technological developments so as to meet the rising standards and stressed the need for following a citizen-centric approach. Addressing an event here, the prime minister also suggested seeking help from startups, research agencies and youngsters for getting new ideas. With artificial intelligence, information processing is also becoming equally easy, making the citizenry informed and empowering them to keep a tab on all the activities of the government, he said. «So the civil servants need to keep themselves abreast with latest technological developments so as to meet the rising standards, wherein Mission Karmayogi can prove to be of help,» Modi said after launching the «Karmayogi Saptah» — National Learning Week — at the Dr Ambedkar International Centre here.
19.10 / 10:53
UPS
FIVE
Progressive
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Videos
5 best unilateral lower body workouts
Subscribe to enjoy similar stories. There is always more variety in lower body exercises than in upper body ones, given just how many major muscles there are. Starting from the glutes and going down the hamstrings and calves in the posterior chain to the hip flexors, and quads and tibialis down the front, it’s all lower body.
19.10 / 10:53
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Justin Trudeau has a big political problem: Justin Trudeau
Subscribe to enjoy similar stories. OTTAWA—Justin Trudeau reinvented Canadian politics when he was elected prime minister at the age of 43 in 2015, with a brand built around his good looks and energy. Almost a decade later, Trudeau is fighting for political survival.
18.10 / 18:51
UPS
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Progressive
Justice
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Third Eye: Lady Justice and the debate, monitoring progress on PM projects & a left-handed compliment
Lady Justice and the Debate The new statue of 'Lady Justice' — without the traditional blindfold and holding a copy of the Constitution — unveiled by the Supreme Court this week generated much debate online and offline. However, a precedent had already been sent in the Uttarakhand Uniform Civil Code report, featuring a similar version of Lady Justice, without a blindfold and holding law books instead of scales. Monitoring Progress on PM Projects Centre's Monitoring Group has been recast for NDA 3.0, this time under the chairmanship of agriculture minister Shivraj Singh Chouhan. The last such group, set up in 2019-2020, was headed by Mansukh Mandaviya and Jitendra Singh. The newly-set up group held its first meeting on Friday and on the agenda was progress on all announcements made by the PM, including budget announcements, projects for which foundation stone was laid by the PM besides expectations of all ministries/ departments.
18.10 / 13:23
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International
India’s self-confidence and courage of conviction are vital for asserting its global position: Piyush Goyal
Piyush Goyal said on Friday that India’s self-confidence and courage of conviction are vital for asserting its global position. «This belief empowers the nation to take bold actions, enabling it to tackle challenges and seize opportunities on the international stage,» Goyal said at the 13th SHRM India Annual Conference 2024. «India is emerging as a powerful and rapidly growing economy and this transformation showcases the nation's resilience and innovation, positioning it as a leader in global economic growth,» Goyal added.
18.10 / 13:03
UPS
Target
Progressive
Waters
economy
Healthcare
country
Malaysia to revamp gasoline subsidies and raise taxes in a bid to narrow deficit
Malaysia will introduce new taxes and revamp gasoline, education and healthcare subsidies next year as part of aggressive reforms to narrow the country's fiscal deficit
18.10 / 09:31
Provident
Progressive
Strategy
country
innovations
Podcasts
Daron Acemoglu’s three-point roadmap for India’s tech leadership
Subscribe to enjoy similar stories. Daron Acemoglu, Simon Johnson and James Robinson (AJR) were recently awarded the Nobel Prize in Economics for their work on the role institutions play in driving a nation’s prosperity. In a podcast interview I hosted with Acemoglu (full episode available at https://shorturl.at/R8s0u), I asked Acemoglu to apply his ‘institutions’ framework and current thinking to technology in the Indian context.
17.10 / 20:31
markets
Progressive
economy
CME
Research
reports
Fed to Cut Rates to 3.25%–3.5% by June as Recession Fears Ease: Goldman Sachs
Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.
17.10 / 17:11
Progressive
Remark
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President
NDA committed to furthering national progress, empowering poor: PM Modi
Narendra Modi on Thursday said the BJP-led National Democratic Alliance (NDA) is committed to furthering national progress and empowering the poor and downtrodden. The prime minister made the remarks after chairing a meeting of NDA chief ministers and deputy CMs here, following the swearing-in ceremony of Haryana CM Nayab Singh Saini and his ministerial colleagues. «We had extensive discussions on aspects of good governance and ways to improve people's lives. Our alliance is committed to furthering national progress and empowering the poor and downtrodden,» Modi posted on X.
17.10 / 16:21
markets
Blockchain
Provident
Digital
Progressive
Bill
reports
Stablecoin Adoption in U.S. is Low: Chainalysis Reports
Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, Business2Community, and...
17.10 / 14:13
Blockchain
Provident
Digital
Progressive
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Strategy
Sustainability
Farming Apps in the Digital Age: Exploring Bullish Farm’s Web3 Strategy
Linda's work focuses on providing clear and accessible insights, making complex crypto topics understandable for everyone. Her goal is to keep the audience informed and engaged with the latest...
17.10 / 09:47
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Progressive
Pool
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International
T.N.Hari:Venture capital is yet to bet big money on high-risk deep-tech startups
Subscribe to enjoy similar stories. Venture capital (VC), by definition, has a higher risk appetite than conventional sources of capital, and many VC enthusiasts would argue that venture investing is a moonshot game.
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