Rowing Financial News

Anil Bonde on the charge of intention to cause riots on Wednesday over his controversial remarks against Congress leader Rahul Gandhi, police said. Bonde has kicked up a row, saying Gandhi's tongue should be singed as his remarks on reservation were «dangerous» and hurt the feelings of the 'bahujan' and majority communities. The FIR against Bonde followed a sit-in protest by Congress leaders, including Amravati MP Balwant Wankhede, MLA Yashomati Thakur, former Minister Sunil Deshmukh and the party workers at the office of the city police commissioner. A case was registered against Bonde at Rajapeth police station in Amravati under sections 192 (Wantonly giving provocation with intent to cause riots), 351 (ii) (the act of intentionally causing another person to apprehend the use of criminal force) and 356 (Punishment for defamation) against MP Anil Bonde.

Shiv Sena MLA Sanjay Gaikwad has threatened to «bury any Congress dog» coming to his programme. On Monday, the Buldhana legislator's announcement of a 'reward' for anyone chopping off Congress leader Rahul Gandhi's tongue had set off a huge political row. Talking to reporters on the same day, Gaikwad is heard saying in a video that Chief Minister Eknath Shinde — who heads the Shiv Sena — will attend a programme about the government's flagship 'Mukhyamantri Majhi Ladki Bahin Yojana' for women in his district. «If any Congress dog tries to enter my programme, I will bury them then and there,» Gaikwad is heard saying. The MLA had earlier announced a Rs 11 lakh reward to anyone who «chops off» Rahul Gandhi's tongue for his remarks on scrapping the reservation system.

Secret Service told Donald Trump in a private meeting that significant new security arrangements will be needed if he wants to keep playing golf, The New York Times reported on Tuesday. Trump asked Ronald Rowe, the Secret Service's acting director, in a meeting on Monday whether it was safe for him to continue playing, the newspaper said. Rowe said the Secret Service views the golf course at Joint Base Andrews in Maryland as easier to secure because it is a military course. That meeting occurred a day after the Secret Service thwarted a second apparent assassination attempt on Trump in less than two months. On Sunday, Secret Service agents fired on Ryan Wesley Routh, the apparent would-be assassin, when they saw the barrel of his gun poking through the fenceline at Trump's golf course in West Palm Beach, Florida, and local police officers later arrested him.

Florida golf course with food and a rifle for nearly 12 hours, lying in wait for the former president before a Secret Service agent thwarted the potential attack and opened fire, according to court documents filed Monday. Ryan Wesley Routh did not fire any shots, never had Trump in his line of sight and sped away after an agent who spotted him shot in his direction, officials said. He was arrested in a neighboring county. Routh, 58, appeared in federal court in West Palm Beach to face federal firearms charges, starting a criminal case in the final weeks of a presidential race already touched by violence and upheaval. Though no one was injured, the episode marked the second attempt on Trump's life in as many months, raising questions about the security provided to him during a time of amped-up political rhetoric and what the Secret Service chief called an «unprecedented and hyper-dynamic threat environment.»

Modi on Monday alleged certain individuals filled with hate and negativity are defaming the country, a remark coming amid a political row over certain statements made by Congress leader Rahul Gandhi abroad. Modi laid the foundation stone and inaugurated various projects of Rs 8,000 crore, including the flagging off of Bhuj-Ahmedabad Namo Bharat Rapid Rail, the first Vande Bharat metro service, and five Vande Bharat express trains, in Ahmedabad. Addressing a gathering, Modi, without taking names, said they (Opposition) can cross any limits for appeasement politics.

Nirmala Sitharaman over a row triggered after the owner of a restaurant chain in Coimbatore reportedly apologised to the Union Finance Minister for his remarks on Goods and Services Tax stating that the BJP leader handled the situation in a «shameful manner.» At an event in Coimbatore attended by Sitharaman, the owner of Sri Annapoorna restaurant had in a jocular way referred to the varying GST rates levied on food items. «Madam, a bun doesn't attract GST, but when cream is applied to make it a cream bun, it attracts 12 per cent GST. Customers now say, 'You bring the bun and cream separately, and I'll make the cream bun,'» Srinivasan told the minister evoking laughter from the crowd. The hotelier, also attempting to inject humour in his remarks referred to how even the hotel's computer system struggles to calculate the various tax rates when families order a variety of items and urged the Union Finance Minister to simplify the GST structure for food, suggesting a uniform rate for all items.

The average rate on a 30-year mortgage in the U.S. fell this week to its lowest level in 19 months, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve next week

India and China on Thursday agreed to work with «urgency» and «redouble» their efforts to realise complete disengagement in remaining friction points in eastern Ladakh as NSA Ajit Doval held talks with Chinese Foreign Minister Wang Yi in St Petersburg with a focus on an early resolution of the lingering border standoff. Doval conveyed to Wang that peace and tranquillity in border areas and respect for the Line of Actual Control (LAC) are essential for normalcy in bilateral ties, according to the Ministry of External Affairs (MEA). The Doval-Wang meeting took place in the Russian city on the sidelines of a conclave of national security advisors of the BRICS (Brazil-Russia-India-China-South Africa) nations. «The meeting gave the two sides an opportunity to review the recent efforts towards finding an early resolution of the remaining issues along the Line of Actual Control, which will create conditions to stabilise and rebuild bilateral relations,» the MEA said.

₹223 crores, while NTC Industries’ standalone net profit fell almost 78% to ₹44 crores in Q1 FY25. Even ITC, the most diversified player in the tobacco business, reported a mere 0.3% on-year rise in its standalone net profit to ₹4,920 crore in the same period. Also Read: ITC shares hit a new high post budget.

According to data from the Office for National Statistics today (11 September), monthly real gross domestic product is estimated to have shown no growth in July, the same as in June 2024. Reeves urged to implement CGT and inheritance tax changes to address £22bn fiscal hole However, real GDP for the three months to July is estimated to have grown by 0.5%, compared to the three months to April, with growth in the services sector leading the way. In July, services output grew by 0.1% after recording a 0.1% drop in June, while registering 0.6% growth for the three months to July. S...

Apple Inc.’s iPhone 16 line will be the focus of its product launch event Monday, its slumping wearable-device business is poised to get a boost as well. For the first time since the end of 2022, the company will unveil major changes to the Apple Watch and AirPods earbuds. All three versions of the smartwatch — the SE, standard Series line and Ultra — will get upgraded. And the two lower-end AirPods models will get the most significant update in their history. A lack of recent upgrades has weighed on sales of Apple’s wearables division, which also includes home products and accessories. The unit’s revenue is poised to decline for the second year in a row during fiscal 2024, which runs through September. But analysts expect the category to bounce back in 2025 with a 6.2% revenue gain to $39.5 billion.

Ralph Lauren took to Hamptons horse country for a rollout of his signature Americana featuring first lady Jill Biden, Usher and Colman Domingo on his front row

Change is in the air in Canada’s investment landscape, according to the Canadian Imperial Bank of Commerce.

The Hyundai Santa Fe and Kia Sorento are two popular SUVs with a lot of similarities

Bitcoin prices (BTCUSD) dropped to $56,000 Wednesday morning amid a broader stock sell-off led by declines in market heavyweight Nvidia (NVDA) before clawing back some of those losses later in the day.

The Bank of Canada cut its interest rate for the third consecutive time on Wednesday.

Sebi chief Madhabi Puri Buch. In an X post on September 4, Mumbai Congress took note of Sebi's «internal rot». It is shocking to see Sebi's internal rot exposed by its own employees, the post read. «Allegations of a 'toxic work culture' under Madhabi Puri Buch, with accusations of shouting, fear-driven policies, and regressive practices, raise serious concerns,» it further said.

The Bank of Canada is widely expected to cut its policy interest rate by 25 basis points on Wednesday and there are few indications that it will stop there, economists say.

equity indices closed at fresh all-time highs on Monday, extending their recent record-breaking run but gains were modest as traders see risks to the market at these levels. Nifty gained 0.2%, or 42.8 points, from the previous day's close to close at 25,278. Sensex rose 194 points and closed at 82,559.

Coco Gauff's 6-3, 4-6, 6-3 loss to Emma Navarro in the U.S. Open's fourth round: Gauff wound up with more double-faults, 19, than winners, 14. It was the latest in a series of early-for-her exits in recent weeks, including bowing out in the third round at the Paris Olympics, then going 1-2 at hard-court tuneup events before arriving in New York. «I feel like there's 70 other players in the draw that would love to have the summer that I had, even though it's (the) least, probably, (I've) done well during this time of the year,» said the No. 3-seeded Gauff, who went 18-1 during the North American swing on hard courts 12 months ago, including the run to her first Grand Slam title. «So many people want to be in the fourth round. So many people want to make the Olympics. So many people want to be flag bearer. It's perspective.» The 20-year-old from Florida did fight her way back into the match with a four-game run in which she claimed 14 of 17 points and grabbed the second set.

journalist Mark Gurman, Apple is currently working on a new iteration of the Magic Keyboard, aimed at its lower-tier iPads or potentially the iPad Air. This accessory, expected to make its debut in 2025, will likely lack some of the premium features found in the iPad Pro’s keyboard, such as the aluminium top case.