Progressive Financial News

Finance ministers from leading rich and developing nations are meeting in Rio de Janeiro to discuss a global tax on the super-rich

Vivian Jenna Wilson, Elon Musk's estranged daughter, has publicly refuted her father's recent comments about her childhood and transition. Wilson accused Musk of fabricating stories about her and seeking attention through his controversial statements.

SAN FRANCISCO—In Kamala Harris’s rise from California prosecutor to the second highest office in the U.S., she has maneuvered between embracing progressive ideals and trying not to alienate law enforcement. The result is a record that has drawn mixed reviews from both sides. Early on, as San Francisco’s district attorney, she launched a jail diversion program for drug offenders.

Artificial Intelligence Conference in Shanghai this month, startup founder Qu Dongqi showed off a video he had recently posted online. It displayed an old photograph of a woman with two toddlers. Then the photo sprang to life as the woman lifted the toddlers up in her arms and they laughed with surprise.

The chief executive of Delta Air Lines expects flight cancellations and delays that resulted from a global technology breakdown last week to be resolved by Thursday

budget underscores the government's steadfast commitment to growth without compromising on fiscal discipline. The overarching message is clear: progress for all segments of society through equal opportunity. This blueprint addresses critical sectors such as manufacturing, services, agriculture, and startups, while providing targeted support for women and job seekers. An unwavering resolve to elevate India to a 'developed economy' status by 2047.

government over the budget even as the ruling side came out hailing the proposals.

India and the United Kingdom are launching a new 'Technology Security Initiative' (TSI) to elevate the strategic partnership between the two countries to the next level. This was announced during visit of UK Foreign Secretary David Lammy. The TSI will be coordinated by the National Security Advisors (NSAs) of both countries through existing and new dialogues. The NSAs will set the priority areas and identify interdependencies for cooperation on critical and emerging tech that will, in turn, help build meaningful technology value chain partnerships between two countries, officials said. The progress made on the initiative will be reviewed on a half yearly basis at Deputy NSA level. «We will also set up a bilateral mechanism led by India's Ministry of External Affairs and the UK government for promotion of trade in critical and emerging technologies, including resolution of relevant licensing or regulatory issues,» an official said.

productivity and resilience in the agriculture sector got us sitting up. It was not just about politically cultivating an electorate — of cultivators — but about setting pathways for sustained higher incomes for the farm sector.

Union Budget and said it reveals their political frustration and negative attitude towards «some backward states» that need special focus and assistance for development. The BJP's reaction comes against the backdrop of the Congress and other constituents of the opposition INDIA bloc accusing the government of presenting a «discriminatory» budget towards opposition-ruled states after Finance Minister Nirmala Sitharaman made a host of budgetary announcements for Andhra Pradesh and Bihar on Tuesday.

Read this | Mint Primer: The budget in 5 minutes The one thing we know is the three schemes are framed in formal-sector employment. This takes the shape of workers being registered with the Employees’ Provident Fund Organisation (EPFO), which is mandatory for firms with 20 employees or more. In the last few years, net new EPFO enrolments have risen progressively, with first-time employees aged 25 years and below accounting for about 50% of net additions to EPFO payrolls.

Tech Mahindra is likely to see a muted revenue growth in the first quarter ended June 2024, impacted by seasonal fall in Comviva business. Revenue for the reporting period should decline 1.6% year-on-year, according to an average estimate of four brokerages. Meanwhile, sequential revenue growth is seen anywhere between 0.3-0.9%.

The Alberta government said it has questions and will be looking into the messaging used in evacuation orders issued Monday night amid a wildfire in the Jasper region.

Viksit Bharat in the full budget. Overall, the Budget 2024 has been an inclusive one, listing out nine priority areas. In fact, inspired by Prime Minister Narendra Modi’s vision, FICCI’s four priority areas, namely manufacturing (Make in India), farm-led growth, women-led development and sustainability, closely mirror the thrust areas highlighted in the budget.

Union Budget 2024, Mukesh Aghi, President and CEO of the US-India Strategic Partnership Forum, said that it is a pretty balanced budget focused on job creation.

George Soros and his millennial son Alex have thrown their weight behind Kamala Harris and urged all Democrats to rally around the first black vice president to beat Republican candidate Donald Trump. Will it stop an open contest for the nomination at a time when the Democrats are left with barely more than 100 days before the November 5 election? Taking to social media platform X, Alex Soros wrote it is time for all to unite around Kamala Harris and beat Donald Trump. He also added she is the best and most qualified candidate.

central government will stay the fiscal consolidation course and tailor its annual deficit targets from 2026-27 in such a manner that its debt-to-GDP ratio will progressively decline, finance minister Nirmala Sitharaman said on Tuesday.

Apple's foldable iPhone has moved beyond the ideation phase. The company has reached out to Asian suppliers to manufacture components for the device, which is internally referred to by the code name V68.Foldable smartphones, enhanced with AI features, are anticipated to drive demand for Apple, which faces intense competition from Honor and Huawei in China, and from Samsung globally.

₹1.48 trillion allocated for education, employment, and skilling, today’s announcements bode well for the future of our youth, given the government’s emphasis on skill development. The barriers faced by the workforce are immense: Nearly 73% of workers aged 15-59 years did not receive any formal or informal vocational or technical training, according to the Periodic Labour Force Survey 2022-23. With India’s demographic dividend expected to peak around 2041 and the working-age population forecast to shrink, we must seize the current window of opportunity to harness the potential of India’s labour force and fuel economic growth.

Doing business across provincial lines is starting to get easier but progress is slow, says the Canadian Federation of Independent Business.