Social Financial News

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Assam politician sleeping on a pile of notes has gone viral. Benjamin Basumatary, chairman of the Village Council Development Committee in Bhairaguri in Udalguri district, in the photo is seen sleeping on a bed that has Rs 500 notes strewn across it. He has notes scattered on him. The leader is accused in a massive corruption case linked to the housing scheme and the rural jobs scheme. He was associated with the Bodoland-based United People's Party Liberal (UPPL). UPPL is an ally of BJP in Assam and is running the sixth schedule council of Bodoland Territorial Council (BTC).

equity capital markets had its strongest start in three years in 2024 as economic uncertainty waned and stocks rallied, but a revival in initial public offerings has lagged. Bankers carried out $143.9 billion of stock sales worldwide so far this year, the best first quarter since 2021, according to Dealogic data.

Come September, the hours of daylight and darkness in Iceland are briefly equal as summer recedes and the shadow of winter advances across the island. The wind gets a steely edge, stirring up white caps in the surrounding seas and lathering clouds and fog over mossy hillocks and volcanic rock formations like swirls of marshmallow fluff. Sensing the change of season, some 380,000 sheep (about one for every Icelander) begin to descend from the highlands after a summer of free-range gorging on grass, forbs (herbaceous flowering plants) and berries.

Britain's financial services regulator announced guidelines for financial services companies and social media influencers making memes about cryptocurrencies and other investments in a bid to tackle a rise in scams.

Lok Sabha elections 2024 from Himachal Pradesh's Mandi on Bharatiya Janata Party ticket. The poll agency said that Shrinate's remarks were found to violate the Model Code of Conduct provisions and the ECI advisory. Acting on BJP's complaint, the Election Commission issued a show cause notice to Supriya Shrinate.

Charles III is set to return to public duties on Sunday as he is scheduled to attend an Easter service at the chapel at Windsor Castle with Queen Camilla. This appearance would be his first major event since he was diagnosed with cancer last month. However, Prince William and his wife Kate Middleton are not expected to attend the event, amid Catherine’s—Princess of Wales—cancer diagnosis and treatment.

IIT Madras, to spearhead the development efforts for both Windows and Surface. Davuluri, who previously oversaw Microsoft's hardware initiatives, will now take on the additional responsibility of leading Windows engineering, the newswire report added. This reshuffle follows the departure of former Windows and Surface chief Panos Panay last September, whose role was initially split between Davuluri and Mikhail Parakhin.

₹3 crore and monthly maintenance of ₹1.5 lakh to his estranged wife. Justice Sharmila Deshmukh passed the order saying that the amount is granted to the woman as a recompense not only for physical injuries but also for mental torture and emotional distress. She said that for every case the quantum of compensation will differ depending on the facts of each case.

Bhikaji Thakor from Sabarkantha has stirred up a hornet’s nest in the Lok sabha constituency. The Meghraj town in Aravalli district observed a bandh in support of Thakor on Tuesday and the party workers in large numbers reached the BJP office in Modasa to protest necessitating strong security arrangements. BJP has fielded Shobhna Baraiya, wife of Mahendrasinh Baraiya who is a former Congress MLA and joined BJP in August 2022.

Sen. Bill Cassidy, R-La., discusses the Republicans plan to save social security and reacts to Bernie Sanderss 32-hour workweek idea on Varney & Co.

BlackRock Inc. chief executive Larry Fink warned of a looming “retirement crisis” and called on baby boomers to help younger generations save enough for their own futures.

In 2022, I wrote a column asking why Canada couldn’t be as smart and successful as Australia. Two years later, by almost any metric, Australia continues to outperform us economically, while maintaining its social democracy and generous welfare programs.

Congress leaders' comments on Kangana Ranaut snowballing into a political row, the actress-turned-politician said every woman, irrespective of her background and profession, deserves dignity. Ranaut, who makes her political debut as a BJP candidate from Mandi in Himachal Pradesh, said she was particularly pained by the derogatory comments on the constituency that is often referred to as "Chhoti Kashi". The Congress has been in the crosshairs after demeaning remarks on Ranaut and Mandi were posted on the social media handles of its leaders Supriya Shrinate and H S Ahir.

Today (26 March), the regulator has set out how adverts across social media channels must be «fair, clear, and not misleading, meaning they must have balance and carry the right risk warnings so people can make well informed financial decisions». Social media has become a central part of firms' marketing strategies, the FCA noted. «Firms are on the hook for all their promotions and the FCA has warned they need to ensure influencers they work with communicate to their followers in the right way.» The watchdog also reminded influencers that that promoting a financial product without ...

Shares of Donald Trump’s social media company jumped nearly 50% in the first day of trading on the Nasdaq, boosting the value of the former president's large stake in the company in the process

Nirmala Sitharaman and Congress leader Jairam Ramesh over the effectiveness of Atal Pension Yojana (APY). It was started when the Mr Ramesh pointed out that while the FM lauded the pension scheme named after the veteran BJP leader Atal Bihari Vajpayee on Mar 24 in Bengaluru, she did not mention, he alleged, that 83 percent of the subscribers are in the lowest slab of ₹1,000 pensions. He quoted a study by Indian Council of Social Science Research to show that nearly one-third of subscribers who dropped out of the pension scheme did so because their accounts were opened without any explicit permission.

Congress charges, Finance Minister Nirmala Sitharaman on Tuesday said Atal Pension Yojana (APY) is designed based on the best practice choice architecture and guarantees a minimum of 8 per cent return. «Atal Pension Yojana is designed based on best practice choice architecture to automatically continue the premium payment unless the subscriber opts out. This is a deliberate and beneficial feature which is in the best interest of the subscribers,» Sitharaman said in post on X. Instead of requiring people to decide each year to continue, they have to take a decision to discontinue, she said, adding, this makes many of them take the right decision and save for their retirement. Earlier in the day, the Congress attacked the Prime Minister Narendra Modi-led government over the Atal Pension Yojana, alleging it is a «very poorly-designed scheme» and a «paper tiger» that needs officials to hoodwink and coerce people into participating in it.

IndiGo is again in the spotlight. A woman, Shrankhla Srivastava, took to social media to voice her disappointment with the airline. Srivastava posted a picture on Saturday showing her damaged luggage after a flight with IndiGo. In a sarcastic tone, she thanked IndiGo Airlines for their supposed care of her luggage in her post, tagging the airline. «Dear @IndiGo6E, Thank you for taking care of my luggage,» she said in her post. Srivastava's post quickly gained traction on social media, eliciting reactions from other internet users. The post has been viewed 3.32 lakh times since being posted on March 23. IndiGo Airlines responded to the situation, issuing an apology and expressing regret for the inconvenience caused. The airline's official Twitter account replied to Srivastava's post, requesting time to investigate the matter and promising to reach out to her directly.

Donald Trump needs cash, and starting today he will see a huge pile of shares he owns trading on the stock market. The question is, how soon can he tap his nearly $4 billion stake in social-media platform Truth Social? That is up to the board of Truth Social’s parent company. The group includes his son, three former members of his administration and the former congressman who took a leading role in defending the former president in his first impeachment trial.

₹ 1 lakh per 10gm. That is approximately 50% higher than today’s level. While I don’t know whether this target will be met or not, I am certain that the way investing in gold is being approached now (and also in the days and weeks to come), is probably going to be sub-optimal.