Remark Financial News

The selloff in stocks intensified and bond yields plunged after a weak jobs report fueled worries the Federal Reserve has been too slow to cut interest rates, risking a more pronounced economic slowdown.

Congress leader Jairam Ramesh on Friday submitted a notice to move a privilege motion against Union Home Minister Amit Shah, alleging that he «misled» the Rajya Sabha by his emphatic statements on early warnings issued by the Centre to the Kerala government ahead of the Wayanad landslides «which have been proven to be false». Ramesh, who is the Congress' chief whip in the Rajya Sabha, said in his letter to Chairman Jagdeep Dhankhar that in his response to a Calling Attention on the Wayanad landslides in the Rajya Sabha on July 31, 2024, the home minister made several claims on early warning systems and how they were not utilized by the Kerala government inspite of alerts issued by the Union government well ahead of the tragedy. «These claims have been extensively fact-checked in the media. One such detailed fact-check published in The Hindu dated August 2, 2024 is attached,» Ramesh said in his letter, which was also signed by Congress' deputy leader in the House Pramod Tiwari and senior leader Digvijaya Singh.

JSW MD and Chairman Sajjan Jindal has declared that his company will gift an MG Windsor car to every Olympic medallist. The industrialist took to social media platform X to make the announcement. «Delighted to announce that every Olympic medalist from Team India will be gifted an MG Windsor, a remarkable car from JSW MG India! Because our best deserve the best, for their dedication and success!» Jindal wrote on X. This announcement comes a day after Morris Garages India launched their new electric car- the MG Windsor CUV.

Those who think about politics and history as a profession can’t resist comparing presidential years. “This is 1968 all over again." “We’re back to the dynamics of ’72." We do this because we know political history and love it, and because there are always parallels and lessons to be learned. But it should be said as a reminder: This year isn’t like any previous time.

Lok Sabha LoP Rahul Gandhi's statement that he will be waiting for ED with «open arms,» Union Minister Giriraj Singh on Friday said that it is the country's «misfortune» that Rahul Gandhi is LoP, adding that the latter is «spreading disinformation.» Congress MP Rahul Gandhi claimed on Friday that the Directorate of Enforcement (ED) was planning a raid on him following his 'Chakravtyuh' speech in the parliament on July 29. «I believe that it is the country's misfortune that Rahul Gandhi is LoP. Along with lying inside the Parliament, he is also spreading disinformation outside...he is ashamed, he asks about the caste of the whole world,» Giriraj Singh told ANI.

payments platform, Unified Payments Interface (UPI), crossed the Rs 20 lakh crore for the third straight month in July. The platform clocked a transaction amount of Rs 20.64 lakh crore in the month of July growing by 35% on year. It also recorded a transaction volume of 14.44 billion a growth of 45%, as per data released by the National Payments Corporation of India (NPCI). It also had 466 million of average daily transaction count and Rs 66,950 crore worth of average daily transaction amount in July. For the month of June, UPI transaction value was at Rs 20.07 lakh crore in June and Rs 20.44 lakh crore in May.

Black journalists was prepared for a combative exchange well before Donald Trump took the stage Wednesday for an interview at their annual gathering in Chicago. Yet when Trump, just minutes in, began questioning Vice President Kamala Harris' racial identity, there was an instant ripple of reaction — a low rumble that grew into a roar of disapproval. «I didn't know she was Black until a number of years ago when she happened to turn Black and now she wants to be known as Black. So I don't know, is she Indian or is she Black?» Trump said of Harris, whose mother was Indian American and whose father is Black.

National Institute of Technology, Rourkela has secured an average pay packet of Rs 12.89 lakh per annum (lpa), with students of its flagship B Tech programme bagging an average salary of Rs 14.05 lpa.

Congress President Mallikarjun Kharge on Wednesday became emotional over the 'parivarvaad' statement by BJP MP Ghanshyam Tiwari during a parliamentary session and urged Chairman Jagdeep Dhankhar to expunge those remarks in the House regarding his political journey.

The judge who presided in the class-action lawsuit filed by “Sunday Ticket” subscribers against the NFL said the jury did not follow his instructions in determining damages

In a remarkable demonstration of community driven enthusiasm and trust, $BLOOD has successfully raised $300,000 In just 4 hours during its pre-sale launch , which was officially started on July 28th, 2024. This impressive achievement was realized with minimal marketing, relying primarily on organic growth and genuine community support.

Congress «propaganda» for deterring private investment is «sheer desperation», the party said on Thursday while hitting out at Finance Minister Nirmala Sitharaman for her remarks attacking the opposition. In an apparent attack on the Opposition, Sitharaman said conspiracy is being carried out to damage India's image and give a message to foreign investors that the country is not safe for investment.

One remarkable aspect of Kingfisher having gone out of business as an airline is the fact that we can still be invited to “get high" on Kingfisher. While it refers to a colourful bird, the carrier took its name from a popular brand of beer marketed by the same UB Group. Until it folded up, this group’s aviation play was clearly a business in its own right.

Going RIA is often compared to being in a candy shop. With so much candy – or tools – to choose from, it can be overwhelming to narrow down the best flavors.

Kamala Harris has emerged as the favorite candidate to receive the presidential nomination from the Democratic party. She has garnered the support from her party members. As far as her competition is concerned, Donald Trump is a formidable opponent. According to this Democratic Strategist, Harris may be losing supporters to Trump from the rust belt which fall within some of the swing states.

Philippines' Nesthy Petecio knocked India boxer Jasmine Lamboria out of the women's 57 kg round of 32 match in the ongoing Paris Olympics on Tuesday.

Meloni hopes to implement past agreements and try new forms of cooperation.

'Barron's Roundtable' panelists discuss ongoing market rotation, small caps garnering attention and expected remarks on cryptocurrency by former President Trump.

India's real estate market witnessed a surge in investments during Q2 2024, attracting USD 2.77 billion, according to Cushman & Wakefield's report.

Parliament as she lost her temper when addressed as 'Jaya Amitabh Bachchan' by Deputy Chairman Harivansh Narayan Singh.