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Trump Media stock rises off guilty verdict sell off

Trump Media stock rises off guilty verdict sell off

Sopa Images | Lightrocket | Getty ImagesShares of Trump Media shot up as much as 11% as markets opened Tuesday, clawing back more of the Truth Social maker's losses that followed former President Donald Trump's criminal conviction in New York.The upward swing movement...

Pictures show police clashing with protesters

Pictures show police clashing with protesters

Photographs and news agency reports showed protesters clashing in the streets of Kenyan capital Nairobi on Tuesday, as the African state passed a controversial finance bill set to raise national taxes.Earlier in the day, the Kenyan parliament announced it had passed a...

BOE leaves rate-cut hopes alive, BFSI News, ET BFSI

BOE leaves rate-cut hopes alive, BFSI News, ET BFSI

(Bloomberg) --The Bank of England hinted that more officials may be close to backing interest-rate cuts, keeping alive hopes of a policy easing by the end of the summer.The UK central bank this week kept its benchmark lending rate at a 16-year high of 5.25%. But...

Trump previews debate attacks on Biden’s economy

Trump previews debate attacks on Biden’s economy

Former U.S. President and Republican presidential candidate Donald Trump speaks during his campaign event, in Racine, Wisconsin, U.S. June 18, 2024. Brendan Mcdermid | ReutersFormer President Donald Trump on Saturday gave a brief glimpse of the ammunition he is...

Industry bodies’ ask from Budget 2024, ET BFSI

Industry bodies’ ask from Budget 2024, ET BFSI

Finance Minister chairs Pre-Budget Consultation with industry leaders and associationsThe Industry bodies on Thursday met the Union Finance Minister Nirmala Sitharaman and presented to her their thoughts and opinions on the upcoming Budget. In this regards, the PHD...

RBI governor Shaktikanta Das to banks, ET BFSI

RBI governor Shaktikanta Das to banks, ET BFSI

MUMBAI: RBI governor Shaktikanta Das has urged banks to avoid the "mindless pursuit of bottom line". He pointed out that some profit-driven business models may contain hidden vulnerabilities, emphasising that profitability should not come at the expense of managing...

Melinda French Gates endorses Joe Biden for president

Melinda French Gates endorses Joe Biden for president

Melinda French Gates arrives at Elysee Palace for the Generation Equality Forum hosted by French President Emmanuel Macron on July 01, 2021 in Paris, France.Aurelien Meunier | Getty Images News | Getty ImagesMelinda French Gates, a philanthropist and the former wife...

Dutch PM Mark Rutte set to be next NATO leader

Dutch PM Mark Rutte set to be next NATO leader

Netherland's Prime Minister Mark Rutte arrives to attend the European Political Community summit at the Palacio de Congreso in Granada, southern Spain on October 5, 2023.Jorge Guerrero | Afp | Getty ImagesRomanian President Klaus Iohannis on Thursday rescinded his bid...

RBI monthly bulletin, ET BFSI

RBI monthly bulletin, ET BFSI

New Delhi [India], June 19 (ANI): The prospects for Indian agriculture are brightening with the early landfall of the southwest monsoon, according to the monthly bulletin released by the Reserve Bank of India (RBI) on Wednesday.The RBI highlighted that the early...

RBI bought gold sold securities in April, ET BFSI

RBI bought gold sold securities in April, ET BFSI

The Reserve Bank bought almost six tonnes of gold and likely sold $ 7 billion worth US treasury securities this April in what seems to be its strategy of diversifying its forex reserves management.The value of India’s – essentially the Reserve Bank of India’s – US...

RBI Deputy Governor, ET BFSI

RBI Deputy Governor, ET BFSI

India’s deposit insurer Deposit Insurance and Credit Guarantee Corporation (DICGC) is way behind its overseas counterparts in processing reimbursements of insured deposits, Reserve Bank of India (RBI) deputy governor Michael Patra has said.DICGC takes about a month or...

Fugitive ex-CEO arrested on investor fraud charges

Fugitive ex-CEO arrested on investor fraud charges

Hercules Investments CEO and CIO James McDonald.CNBCA former investment company CEO who previously appeared as a paid contributor to CNBC was arrested on fraud charges after more than two years as a fugitive from a Securities and Exchange Commission investigation,...

North Korea rolls out the red carpet for Putin

North Korea rolls out the red carpet for Putin

Russia's President Vladimir Putin is greeted by North Korea's leader Kim Jong Un during a welcoming ceremony at an airport in Pyongyang, North Korea June 19, 2024. Gavriil Grigorov | Via ReutersRussian President Vladimir Putin was met with a grand reception in...

Immigrants help keep job growth high as inflation cools

Immigrants help keep job growth high as inflation cools

U.S. President Joe Biden greets members of the U.S. Border Patrol at the U.S.-Mexico border in Brownsville, Texas, U.S., February 29, 2024. Kevin Lamarque | ReutersImmigration — both authorized and unauthorized — has helped the U.S. job market sustain a fiery run in...

A battle of anti-western hardliners

A battle of anti-western hardliners

Iran's Supreme Leader Ali Khamenei leads funeral prayer for the late Iranian President Ebrahim Raisi, Foreign Minister Hossein Amir-Abdollahian and other officials who died in a helicopter crash at the Tehran University campus in Tehran, Iran on May 22, 2024. Iranian...

G7 confronts China on commerce, pope talks about AI

G7 confronts China on commerce, pope talks about AI

Italian Premier Giorgia Meloni receives Pope Francis as he arrives at the G7 Leaders Summit on day two of the 50th G7 summit at Borgo Egnazia on June 14, 2024 in Fasano, Italy.Vatican Pool | Getty Images News | Getty ImagesPope Francis made an historic appearance at...

More aid can be backed by Russian assets

More aid can be backed by Russian assets

U.S. Treasury Secretary Janet Yellen speaks to the Economic Club of New York in New York City, U.S., June 13, 2024.Brendan McDermid | ReutersU.S. Treasury Secretary Janet Yellen said Thursday that the $50 billion loan to Ukraine that President Joe Biden and other...

RBI’s ASISO system faces glitch, BFSI News, ET BFSI

RBI’s ASISO system faces glitch, BFSI News, ET BFSI

The RBI on Tuesday witnessed a technical glitch in the facility that allows banks to either deploy surplus funds or borrow money from the central bank, market participants said.Bank treasury executives said the central bank's Automatic Sweep-In and Sweep-Out (ASISO)...

G7 taps Moscow’s frozen assets in support of Ukraine

G7 taps Moscow’s frozen assets in support of Ukraine

A simple principle underpins a contentious Thursday decision by the U.S. and key allies to tap profits from Russian sovereign assets in support of Ukraine: Moscow must make reparations."Russia has to pay," European Council President Charles Michel told CNBC's Steve...

What Trump told CEOs in their private meeting

What Trump told CEOs in their private meeting

Republican presidential candidate, former U.S. President Donald Trump gives remarks to the press at the National Republican Senatorial Committee building on June 13, 2024 in Washington, DC.Anna Moneymaker | Getty ImagesDonald Trump huddled with at least 80 CEOs on...

How campaign funding pays his legal bills

How campaign funding pays his legal bills

Throughout his 2024 campaign, former President Donald Trump has managed to keep his political operation afloat by walking a delicate financial tightrope. The guilty verdict in a Manhattan hush money case added to a long list of legal challenges that have cost him more...

Trump CEO meeting to include Dimon, Fraser, Moynihan

Trump CEO meeting to include Dimon, Fraser, Moynihan

US President Donald Trump gestures as CEO of Bank of America Brian Moynihan (L) speaks during a meeting with banking leaders to discuss how the financial services industry can meet the needs of customers affected by COVID-19 at the White House in Washington, DC on...

Biden Hamptons fundraising trip

Biden Hamptons fundraising trip

US President Joe Biden disembarks Air Force One upon arrival at Paris Orly airport near Paris, on June 5, 2024, as he travels to commemorate the 80th anniversary of D-Day.Julien De Rosa | Via ReutersPresident Joe Biden is planning a fundraising swing through the ritzy...

Key witness Jose Uribe questioned

Key witness Jose Uribe questioned

U.S. Senator Robert Menendez (D-NJ), arrives at Federal Court, for his bribery trial in connection with an alleged corrupt relationship with three New Jersey businessmen, in New York City, U.S., June 11, 2024. Shannon Stapleton | ReutersDefense attorneys on Tuesday...

DOJ blasts GOP conspiracy it controlled NY trial

DOJ blasts GOP conspiracy it controlled NY trial

U.S. Attorney General Merrick Garland speaks during a news conference at the Department of Justice Building on March 21, 2024 in Washington, DC. Anna Moneymaker | Getty ImagesThe Department of Justice blasted House Republicans for spreading the "completely baseless"...

Verdict reached in gun case

Verdict reached in gun case

Hunter Biden, son of U.S. President Joe Biden, departs from the J. Caleb Boggs Federal Building on June 3 2024, in Wilmington, Delaware. Biden is standing trial for felony gun charges.Anna Moneymaker | Getty ImagesJurors reached a verdict Tuesday morning in the...

Hunter Biden gun trial jury deliberates

Hunter Biden gun trial jury deliberates

Hunter Biden, son of U.S. President Joe Biden, and his wife Melissa Cohen Biden walk outside the federal court as his trial on criminal gun charges continues, in Wilmington, Delaware, U.S., June 11, 2024. Hannah Beier | Reuters(This story is developing and will be...

UK’s Rishi Sunak announces election pledges

UK’s Rishi Sunak announces election pledges

British Prime Minister Rishi Sunak speaks at the Conservative Party's general election manifesto launch at Silverstone Circuit on June 11, 2024 in Towcester, United Kingdom.Leon Neal | Getty Images News | Getty ImagesLONDON — British Prime Minister Rishi Sunak...

Trump says he will eliminate taxes on tips

Trump says he will eliminate taxes on tips

Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign event, in Las Vegas, Nevada, U.S. June 9, 2024. Brendan McDermid | ReutersFormer President Donald Trump said he would eliminate taxes on tipped income if he wins a second...

Trump Media files reaudited financial statement

Trump Media files reaudited financial statement

A smartphone displays the logo of Donald Trump's Truth Social app on March 25, 2024.Anna Barclay | Getty ImagesTrump Media on Monday submitted an updated inspection of the company's finances by a newly hired public accounting firm, after its last auditor was charged...

Hunter Biden gun trial live updates

Hunter Biden gun trial live updates

Hunter Biden, son of U.S. President Joe Biden, and his wife Melissa Cohen Biden arrive at the federal court for his trial on criminal gun charges, in Wilmington, Delaware, U.S., June 10, 2024. Hannah Beier | ReutersThis is developing news and will be updated...

Israel between far-right coalition and Gaza cease-fire

Israel between far-right coalition and Gaza cease-fire

Benny Gantz, a member of the country's wartime cabinet, departs after announcing his resignation during a press conference on June 9, 2024.Amir Levy | Getty Images News | Getty ImagesIsrael's war cabinet minister Benny Gantz resigned from the emergency government,...

Trump claims credit for Biden’s insulin price cap

Trump claims credit for Biden’s insulin price cap

President Joe Biden and former President Donald Trump 2024.Kevin Lamarque | Jay Paul | ReutersFormer President Donald Trump on Saturday recognized that the price of insulin is lower under President Joe Biden, but he still wants voters to credit his own...

Bankers, BFSI News, ET BFSI

Bankers, BFSI News, ET BFSI

~Shrishti SharmaThe Monetary Policy Committee (MPC) has once again maintained its ‘withdrawal of accommodation’ stance in its bi-monthly policy decisions, keeping the repo rate unchanged for the 8th consecutive time at 6.5%. This decision aims to balance inflation and...

Hunter Biden trial: Prosecution rests

Hunter Biden trial: Prosecution rests

Hunter Biden, son of U.S. President Joe Biden, and his wife Melissa Cohen Biden, arrive at the federal court for his trial on criminal gun charges in Wilmington, Delaware, U.S., June 7, 2024. Hannah Beier | ReutersProsecutors rested their case Friday in the federal...

Trump disrespected Black people on ‘The Apprentice’

Trump disrespected Black people on ‘The Apprentice’

Republican presidential candidate and former U.S. President Donald Trump attends a press conference, the day after a guilty verdict in his criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016,...

Growth Up, Rates Steady, Innovation Ahead, ET BFSI

Growth Up, Rates Steady, Innovation Ahead, ET BFSI

In a comprehensive address on June 7, RBI Governor Shaktikanta Das unveiled the outcomes of the latest Monetary Policy Committee (MPC) meeting, covering a wide array of critical economic indicators and strategic measures. From raising the GDP growth forecast to 7.2%...

Kohl’s donation Trump Republican National Convention

Kohl’s donation Trump Republican National Convention

A Kohl's department store sign hangs outside the building on March 12, 2024 in Miami, Florida. Shares of Kohl's fell as it posted a drop in same-store sales in the fourth quarter. Joe Raedle | Getty ImagesMilwaukee based department store giant Kohl's says it will not...

Bulk deposits limit to e-mandate framework, ET BFSI

Bulk deposits limit to e-mandate framework, ET BFSI

RBI MPC’s key announcements: Bulk deposits limit to e-mandate framework While announcing the second Monetary Policy Committee (MPC) decision on Friday, the Reserve Bank of India (RBI) announced certain key additional measures. The (MPC) has decided to keep policy rate...

Beau Biden widow Hallie Biden testifies

Beau Biden widow Hallie Biden testifies

Hallie Biden (L), daughter in-law of U.S. President Joe Biden, arrives to the J. Caleb Boggs Federal Building for the trial of Hunter Biden on June 06, 2024 in Wilmington, Delaware.Kevin Dietsch | Getty Images News | Getty ImagesHallie Biden, the widow of President...

Ex-Trump aide Steve Bannon ordered to jail by July 1

Ex-Trump aide Steve Bannon ordered to jail by July 1

Steve Bannon, former advisor to President Donald Trump, arrives at the federal courthouse to find out if or when a judge will order him to jail on June 6, 2024 in Washington, DC. Andrew Harnik | Getty ImagesA federal judge in Washington, D.C., on Thursday ordered...

Trump Georgia election case halted for challenge to DA

Trump Georgia election case halted for challenge to DA

Source: Fulton County JailA Georgia appeals court on Wednesday halted the criminal election interference case against Donald Trump in the state pending the outcome of his bid to disqualify the district attorney prosecuting the former president.The order by the Georgia...

EU elections June 2024: Why it matters

EU elections June 2024: Why it matters

Belgian Foreign minister Hadja Lahbib poses with a European flag in a mock polling station box to encourage people to vote in the upcoming European Elections.Laurie Dieffembacq | Afp | Getty ImagesThe political makeup of the European Union is about to change with...

Trump wants gag order lifted in hush money case

Trump wants gag order lifted in hush money case

Republican presidential candidate and former U.S. President Donald Trump attends a press conference, the day after a guilty verdict in his criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016,...

Biden immigration order labor markets and supply chains

Biden immigration order labor markets and supply chains

President Joe Biden delivers remarks about immigration and border security on February 29, 2024 in Olmito, Texas. Cheney Orr | Getty ImagesPresident Joe Biden's new executive order tightening asylum limits at the U.S.-Mexico border could have the double-edged economic...

Epoch Times CFO charged in alleged $67 million case

Epoch Times CFO charged in alleged $67 million case

The chief financial officer of conservative global news outlet The Epoch Times has been arrested and charged with leading a yearslong scheme to launder at least $67 million in illicit funds, federal prosecutors said Monday.The scheme — which involved cryptocurrency,...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

House, school, hospital damaged in Dnipro strike, mayor saysSixteen high-rise buildings, 31 houses, a school and a hospital were among the buildings damaged in a Russian missile attack on the central Ukrainian city of Dnipro Tuesday morning, according to the city's...

Vote counting starts, Modi’s BJP projected to win

Vote counting starts, Modi’s BJP projected to win

Bharatiya Janata Party supporters wearing a hat with Narendra Modi's face during a nomination filing rally by in Kolkata, India on May 10, 2024. Hindustan Times | Hindustan Times | Getty ImagesIndia started counting votes for its 2024 general election on Tuesday, with...

DC settles Bitcoin billionaire Michael Saylor case

DC settles Bitcoin billionaire Michael Saylor case

Michael Saylor, executive chairman at MicroStrategy.Valerie Plesch | Bloomberg | Getty ImagesBillionaire bitcoin investor Michael Saylor and the company he founded, MicroStrategy, will pay $40 million to settle a tax fraud lawsuit brought by the Washington, D.C.,...

RBI, BFSI News, ET BFSI

RBI, BFSI News, ET BFSI

The Reserve Bank of India (RBI) has reported that 97.82% of the Rs. 2000 denomination banknotes in circulation as of May 19, 2023, have been returned. This follows the RBI's announcement, detailed in a Press Release from May 19, 2023, about the withdrawal of these...

Prepare for bond sales, BFSI News, ET BFSI

Prepare for bond sales, BFSI News, ET BFSI

The Reserve Bank of India's (RBI) challenge for the rest of the year may not be inflation but liquidity. The resumption in government spending likely trimmed borrowing, and a surge in overseas fund flows could complicate the RBI's task of keeping its monetary policies...

Ruling ANC loses majority in parliament

Ruling ANC loses majority in parliament

Voters during the South Africa General Elections on May 29, 2024 in Johannesburg, South Africa. Gallo Images | Gallo Images | Getty ImagesSouth Africa's governing African National Congress lost its parliamentary majority of 30 years, in the country's most sweeping...

Modi’s BJP alliance set to win parliamentary majority

Modi’s BJP alliance set to win parliamentary majority

Indian Prime Minister Narendra Modi addresses a public meeting at Jerenga Pathar in the Sivasagar district of India's Assam state on Jan. 23, 2021.Biju Boro | AFP | Getty ImagesIndia's Prime Minister Narendra Modi looks set for a rare third consecutive term in power,...

Bill Ackman likely to back Donald Trump for president

Bill Ackman likely to back Donald Trump for president

Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations," in New York on Nov. 28, 2023.Jeenah Moon | Bloomberg | Getty ImagesHedge fund executive and billionaire Bill...

Elon Musk’s X to livestream Trump town hall event

Elon Musk’s X to livestream Trump town hall event

Kirill Kudryavtsev | AFP | Getty ImagesElon Musk's X will host a live town hall-style event with former President Donald Trump, the social media platform's owner and CEO confirmed Friday.The plan to spotlight the presumptive Republican presidential nominee on X was...

Austin reaffirms U.S. commitment to Indo-Pacific region

Austin reaffirms U.S. commitment to Indo-Pacific region

US Secretary of Defence Lloyd Austin speaks at the 21st Shangri-La Dialogue summit in Singapore on June 1, 2024. Nhac Nguyen | Afp | Getty ImagesSINGAPORE — The United States remains vital to the future of the Indo-Pacific region, which is "more vital than ever" to...

How it could impact his White House bid vs. Biden

How it could impact his White House bid vs. Biden

Donald Trump is now the first former American president ever to be convicted in a criminal trial — but it's far from clear whether that black mark will sink, or even weigh down, his bid to unseat President Joe Biden.Recent polls suggest that the guilty verdict could...

Biden, Democrats react to Trump guilty verdict

Biden, Democrats react to Trump guilty verdict

The Biden campaign wasted no time slamming former President Donald Trump and making a plea for campaign donations, minutes after the guilty verdict in Trump's New York hush money trial."In New York today, we saw that no one is above the law," Biden campaign spokesman...

Biden condemns Trump response to hush money verdict

Biden condemns Trump response to hush money verdict

U.S. President Joe Biden delivers remarks on the Middle East in the State Dining room at the White House in Washington, U.S., May 31, 2024. Evelyn Hockstein | ReutersPresident Joe Biden on Friday called former President Donald Trump's reaction to his conviction in New...

Trump slams guilty verdict at press conference

Trump slams guilty verdict at press conference

Republican presidential candidate and former U.S. President Donald Trump speaks during a press conference, the day after a guilty verdict in his criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in...

Trump press conference on guilty verdict at 11 a.m.

Trump press conference on guilty verdict at 11 a.m.

[The stream is slated to start at 11 a.m ET. Please refresh the page if you do not see a player above at that time.]Former President Donald Trump is set to hold a press conference in New York on Friday, a day after a state court jury found him guilty of 34 felony...

Trump has been convicted. Here’s what happens next

Trump has been convicted. Here’s what happens next

A New York jury on Thursday found Donald Trump guilty on 34 felony counts of falsifying business records in an effort to conceal a hush money payment made to a porn star ahead of the 2016 presidential election.Politically, the unprecedented criminal conviction of a...

Trump guilty in hush money trial in New York

Trump guilty in hush money trial in New York

A New York jury on Thursday found former President Donald Trump guilty of all 34 felony charges of falsifying business records related to a hush money payment to porn star Stormy Daniels by his then-personal lawyer Michael Cohen before the 2016 election.Trump, 77, is...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russian missiles hit several locations in Ukraine's northeastern Kharkiv region overnight, killing five people and injuring at least 25, according to the regional head.Oleh Syniehubov, head of Kharkiv's military administration, described the evening as a "difficult...

Jury to re-hear David Pecker testimony

Jury to re-hear David Pecker testimony

Justice Juan Merchan instructs the jury before deliberations as Republican presidential candidate and former U.S. President Donald Trump looks on during his criminal trial over charges that he falsified business records to conceal money paid to silence porn star...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

A dormitory of the Novokramatorsk Machine-Building Plant is heavily damaged by a Russian missile strike on May 29, 2024 in Kramatorsk, Donetsk Oblast, Ukraine.Global Images Ukraine | Global Images Ukraine | Getty ImagesRussian Foreign Minister Sergey Lavrov suggested...

ANC set to lose majority in pivotal vote

ANC set to lose majority in pivotal vote

Residents line up to cast ballots in the national election on May 29, 2024 in Matatiele, South Africa.J. Countess | Getty Images News | Getty ImagesSouth African's governing African National Congress appears set to lose majority control in the country's most seismic...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Ukraine says it shot down 13 drones overnightThe Ukrainian air force said it shot down 13 out of 14 drones launched overnight by Russia, according to a Google-translated Wednesday update on the Telegram messaging app. The attack took place over the Mykolaiv,...

Robert De Niro slams Trump outside criminal trial

Robert De Niro slams Trump outside criminal trial

US actor Robert De Niro speaks in support of US President Joe Biden outside of Manhattan Criminal Court as former US President and Republican presidential candidate Donald Trump attends his criminal trial for allegedly covering up hush money payments in New York City,...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Netherlands pledges Patriot parts, proposes international effort to build system for UkraineThe Netherlands proposed to contribute core parts from its existing stocks, in a bid to assemble a Patriot air defense system in collaboration with other countries and deliver...

Misconduct allegations not reported promptly

Misconduct allegations not reported promptly

Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation (FDIC), during a House Financial Services Committee oversight hearing in Washington, DC, US, on Wednesday, May 15, 2024. Graeme Sloane | Bloomberg | Getty ImagesThe Federal Deposit Insurance Corp....

Truth Social struggles to grow U.S. user base

Truth Social struggles to grow U.S. user base

Nearly two-and-a-half years after its launch, Truth Social is struggling to hang onto its small U.S. user base, according to new data on the microblogging platform launched by former President Donald Trump's media company.So far in May, U.S. daily visits to Truth...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Romania declares Russian diplomat 'persona non grata'Romania's Ministry of Foreign Affairs on Friday said it has declared the diplomat of the Russian embassy to Bucharest persona non grata, citing "activities that contravene the provisions of the Vienna Convention on...

Implications of China’s war drills around Taiwan

Implications of China’s war drills around Taiwan

Members of Taiwan's military conduct routine exercises at Liaoluo Port in Kinmen on May 24, 2024. China on May 23 encircled Taiwan with naval vessels and military aircraft in war games aimed at punishing the self-ruled island after its new president vowed to defend...

CHIPS Act last $6 billion in semiconductor award money

CHIPS Act last $6 billion in semiconductor award money

The rollout of the Biden administration's CHIPS Act award money has so far focused on providing major awards for major companies, with just four leading-edge semiconductor manufacturers receiving the lion's share of the $33 billion that has been allocated to this...

Cop violated body camera rules, chief says

Cop violated body camera rules, chief says

Scottie Scheffler arrives to the course during the second round of the PGA Championship at Valhalla Golf Club in Louisville, Kentucky, on May 17, 2024.Ben Jared | PGA Tour | Getty ImagesA Louisville, Kentucky, police detective violated department policy by not...

‘I myself was not involved in corrupt practices’

‘I myself was not involved in corrupt practices’

Malaysia's former prime minister Mahathir Mohamad said he and his family members were not involved  in any "corrupt practices."Last month, Malaysia's Anti-Corruption Commission said Mahathir was among individuals being investigated over a corruption probe that...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russia detains fourth top defense figure for bribe-taking, media reportsRussia has detained the deputy head of the army's general staff Lieutenant General Vadim Shamarin, on suspicion of large-scale bribe-taking, Russian media reported on Thursday, the latest in a...

RBI may delay plan to ease interest rates, ET BFSI

RBI may delay plan to ease interest rates, ET BFSI

Mumbai: The Reserve Bank of India (RBI) will likely push back the decision to begin easing policy rates as the latest inflation print suggests the potential alignment of the keenly monitored price index with the mandated target for the central bank is back-ended. "A...

Trump campaign starts taking cryptocurrency donations

Trump campaign starts taking cryptocurrency donations

Former US President Donald Trump speaks during a campaign event at the Waukesha Expo Center in Waukesha, Wisconsin, US, on Wednesday, May 1, 2024. Daniel Steinle | Bloomberg | Getty ImagesThe Trump campaign announced Tuesday it will start accepting cryptocurrency...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russia's tactical nuclear weapons drills meant to send a warning to the WestThe timing of Russian non-strategic nuclear weapons drills that began on Tuesday is not accidental and will certainly be watched closely by Ukraine and the West.The exercises come at a time...

Trump ally Doug Burgum in business with oil giant

Trump ally Doug Burgum in business with oil giant

Republican presidential candidate and former president Donald Trump shakes hands with North Dakota Gov. Doug Burgum and Vivek Ramaswamy, left, at a campaign rally at the The Margate Resort in Laconia, NH on Monday, January 22, 2024.Jabin Botsford | The Washington Post...

Biden takes credit for Target grocery price cuts

Biden takes credit for Target grocery price cuts

U.S. President Joe Biden delivers remarks on lowering costs for American families during a visit to Goffstown, New Hampshire, U.S., March 11, 2024.Kevin Lamarque | ReutersPresident Joe Biden took a victory lap after Target announced it was lowering prices on groceries...

Trump Media stock falls after posting quarterly loss

Trump Media stock falls after posting quarterly loss

Aytac Unal/ | Anadolu | Getty ImagesShares of Trump Media fell more than 10% on Tuesday, a day after the Truth Social app owner reported a net loss of $327.6 million on just $770,500 in revenue in the first quarter of 2024.Trump Media, whose majority shareholder is...

Trump trial resumes in porn star hush money case

Trump trial resumes in porn star hush money case

Witness Robert Costello is scolded by Justice Juan Merchan, who momentarily cleared the courtroom during former U.S. President Donald Trump's criminal trial on charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in...

Supreme Court’s Alito sold AB InBev, bought Coors

Supreme Court’s Alito sold AB InBev, bought Coors

United States Supreme Court Associate Justice Samuel Alito poses for an official portrait at the East Conference Room of the Supreme Court building on October 7, 2022 in Washington, DC. Alex Wong | Getty ImagesSupreme Court Justice Samuel Alito sold shares of beer...

Trump Media (DJT) Q1 2024 earnings

Trump Media (DJT) Q1 2024 earnings

This photo illustration shows an image of former President Donald Trump reflected in a phone screen that is displaying the Truth Social app, in Washington, DC, on February 21, 2022.Stefani Reynolds | AFP | Getty ImagesTrump Media & Technology Group, the parent...

Donald Trump outraises President Joe Biden in April

Donald Trump outraises President Joe Biden in April

Former U.S. President and Republican presidential candidate Donald Trump holds a rally in advance of the New Hampshire presidential primary election in Rochester, New Hampshire, U.S., January 21, 2024. Mike Segar | ReutersFormer President Donald Trump outraised...

Banks to RBI, ET BFSI

Banks to RBI, ET BFSI

Representative ImageMUMBAI: Banks will have only a 'limited ability' to pass on the impact of the proposed increase in project loan provisions due to the intense competition among lenders and the pressure to maintain relationships with large corporates. Officials from...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russia experiencing labor shortages as war demands manpowerRussia is currently experiencing a labor shortage in no small part due to the war in Ukraine, with some sectors experiencing significant problems recruiting workers, the British Ministry of Defense said...

Top Democrat asks Biden to replace FDIC chairman

Top Democrat asks Biden to replace FDIC chairman

Senator Sherrod Brown (D-OH), speaks at the 2019 National Action Network National Convention in New York, April 5, 2019.Lucas Jackson | ReutersSen. Sherrod Brown, D-Ohio, on Monday called on President Joe Biden to replace Federal Deposit Insurance Corporation Chairman...

Trump trial closing arguments set for May 28

Trump trial closing arguments set for May 28

Former U.S. President Donald Trump sits in the courtroom at Manhattan Criminal Court with his attorney Todd Blanche (L) on May 20, 2024 in New York City.Michael M. Santiago | Getty ImagesThe end of the criminal hush money trial of Donald Trump in New York will not...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russian oil refinery damaged after weekend attack from Ukraine, state media reportsRussia's Slavyansk oil refinery was damaged in a drone attack from Ukraine over the weekend, Russian state news agency Tass reported on Monday."There is damage. Their scale and size...

Justice urged to leave Trump election case

Justice urged to leave Trump election case

Associate Justice Samuel Alito poses during a group photo of the Justices at the Supreme Court in Washington, April 23, 2021.Erin Schaff | Pool | ReutersThe chair of the Senate Judiciary Committee on Friday urged Supreme Court Justice Samuel Alito to recuse himself...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Zelenskyy says situation in Kharkiv region 'stabilized' after Russian forces make significant gainsUkraine's President Volodymyr Zelensky waits to greet US Secretary of State prior to their meeting in Kyiv on May 14, 2024. Brendan Smialowski | AFP | Getty...

Perks for Trump top donors during GOP Convention

Perks for Trump top donors during GOP Convention

ANAHEIM, CALIFORNIA - SEPTEMBER 29: Former U.S. President Donald Trump Former U.S. President Donald Trump speaks at the California GOP convention on September 29, 2023 in Anaheim, California. Presidential candidates set to speak at the convention include former...

No longer in life-threatening condition

No longer in life-threatening condition

Slovakia's Prime Minister Robert Fico walks during the European Council summit at the EU headquarters in Brussels, on April 18, 2024. Kenzo Tribouillard | Afp | Getty ImagesSlovakia's populist Prime Minister Robert Fico is expected to survive a multiple-shot...

Russia-China relations are ‘stabilizing’ for world

Russia-China relations are ‘stabilizing’ for world

BEIJING, CHINA - MAY 16: (RUSSIA OUT) Russian President Vladimir Putin (L) and Chinese President Xi Jinping (R) talk during a bilateral meeting on May 16, 2024, in Beijing, China. Russian President Vladimir Putin is in China for a two-day state visit. (Photo by...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russia and China's relationship is more complicated than meets the eye, analysts sayRussia's relationship with superpower China is in the spotlight as President Vladimir Putin meets his Chinese counterpart Xi Jinping in Beijing.Both countries' ties with the West have...

Biden challenges Trump to two debates before election

Biden challenges Trump to two debates before election

President Donald Trump and Democratic presidential candidate Joe Biden during the final presidential debate at Belmont University in Nashville, Tennessee, on Oct. 22.Jim Watson and Brendan Smialowski | AFP | Getty ImagesPresident Joe Biden on Wednesday challenged...

Opening statements in corruption case

Opening statements in corruption case

U.S. Senator Robert Menendez (D-NJ), arrives at Federal Court, for his bribery trial in connection with an alleged corrupt relationship with three New Jersey businessmen, in New York City, U.S., May 14, 2024. Brendan Mcdermid | ReutersProsecutors and defense attorneys...

Trump oil CEOs dinner: House Democrat probe

Trump oil CEOs dinner: House Democrat probe

Rep. Jamie Raskin (D-MD) speaks during a House Committee on Oversight and Accountability hearing on Capitol Hill in Washington, DC, on September 28, 2023.Mandel Ngan | AFP | Getty ImagesThe House Oversight Committee's top Democrat asked oil executives to reveal...

Russia wants 3 things from China, says FPRI

Russia wants 3 things from China, says FPRI

Russian President Vladimir Putin's meeting with Chinese leader Xi Jinping in China this week is the latest sign of deepening strategic ties between both sides.   Putin will make a two-day state visit to China from Thursday at the invitation of Xi, it was announced on...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Putin pitches the West as Russia's and China's mutual enemy ahead of talks with XiRussia's President Vladimir Putin has pitched the West and what he called "U.S.-led Western elites" as a mutual enemy of Russia and China, ahead of a two-day visit to Beijing where he...

Prosecutors ask judge to lift jail stay

Prosecutors ask judge to lift jail stay

Former US President Donald Trump's adviser Steve Bannon, who stands accused of fraud over funds raised to support the construction of US-Mexico border wall, attends a hearing in Manhattan, New York on January 12, 2023.Fatih Aktas | Anadolu Agency | Getty ImagesFederal...

Michael Cohen testifies, House Speaker Johnson watching

Michael Cohen testifies, House Speaker Johnson watching

Michael Cohen is questioned by prosecutor Susan Hoffinger during former U.S. President Donald Trump's criminal trial on charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, in Manhattan state court in New York...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Ukraine derails Russian freight train in drone attack, Russian mediaA Ukrainian drone attack derailed a freight train and sparked a fire in a diesel tank in the southern Russian region of Volgograd, mangling several hundred meters of track, Russian media said on...

Judge scolds lawyers over ‘gamesmanship’

Judge scolds lawyers over ‘gamesmanship’

Senator Robert Menendez arrives at the federal courthouse in Manhattan, New York, United States on May 13, 2024. Fatih Aktas | Anadolu | Getty ImagesA judge on Monday admonished attorneys for playing legal games shortly after they convened for the start of the federal...

10 states with the most money

10 states with the most money

U.S. President Joe Biden delivers remarks as part of his Investing in America agenda, during a visit to Gateway Technical College in Sturtevant, Wisconsin, U.S., May 8, 2024. Kevin Lamarque | ReutersThe Biden administration has announced $537 billion in infrastructure...

U.S.’ Blinken criticizes Israel’s Gaza operations

U.S.’ Blinken criticizes Israel’s Gaza operations

U.S. Secretary of State Antony Blinken is welcomed by Israeli Ambassador to the U.S. Mike Herzog, as he arrives at Ben Gurion Airport near Tel Aviv, Israel, April 30, 2024. Evelyn Hockstein | ReutersU.S. Secretary of State Antony Blinken issued harsh words for Israel,...

Michael Cohen testifies against former president

Michael Cohen testifies against former president

Michael Cohen, former attorney for Donald Trump, arrives to the New York Courthouse on March 13, 2023.Eduardo Munoz | ReutersMichael Cohen, who spent years working as the personal lawyer and fixer for Donald Trump, is set to testify Monday against the former president...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

19 dead and dozens injured after strikes on Belgorod, Russian officials sayRussian officials said at least 19 people were killed and 27 injured during Ukrainian missile attacks on the border region of Belgorod this weekend.Belgorod Governor Vyacheslav Gladkov,...

Donald Trump shuts down Nikki Haley VP rumors

Donald Trump shuts down Nikki Haley VP rumors

Combination showing Republican presidential candidate and former U.S. Ambassador to the United Nations Nikki Haley (L) and Former U.S. President and Republican presidential candidate Donald Trump, campaigning in New Hampshire on Jan. 23rd, 2024.ReutersDonald Trump on...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russia ramps up ground attacks in eastern Ukraine ahead of the arrival of Western military aidUkrainian soldiers prepare a mortar in the direction of Chasiv Yar as the war between Russia and Ukraine continues in Donetsk Oblast, Ukraine on May 7, 2024.Anadolu | Anadolu...

Appeals court refuses to toss Delaware case

Appeals court refuses to toss Delaware case

Hunter Biden, son of U.S. President Joe Biden, arrives for a closed deposition with members of the Republican-led House Oversight Committee conducting an impeachment inquiry into the president, at the O'Neill House Office Building in Washington, U.S., February 28,...

Stormy Daniels resumes testimony in hush money case

Stormy Daniels resumes testimony in hush money case

Former US President Donald Trump speaks to the press before his trial for allegedly covering up hush money payments linked to extramarital affairs, at Manhattan Criminal Court in New York City, on May 9, 2024.Angela Weiss | ReutersThis is developing news. Check back...

Corporate leaders and wealthy donors want a say

Corporate leaders and wealthy donors want a say

Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign event in Freeland, Michigan, U.S. May 1, 2024. Brendan Mcdermid | ReutersFormer President Donald Trump and people close to him are fielding calls from corporate leaders...

Latest news in Russia and the war in Ukraine

Latest news in Russia and the war in Ukraine

Russia 'will not allow anyone to threaten us,' Putin tells Victory ParadeRussian President Vladimir Putin watches a military parade on Victory Day, which marks the 77th anniversary of the victory over Nazi Germany in World War Two, in Red Square in central Moscow,...

World Bank India chief, ET BFSI

World Bank India chief, ET BFSI

World Bank’s Country Director for India, Dr Auguste Tano KouaméThe World Bank’s Country Director for India, Dr Auguste Tano Kouamé, on Wednesday said that for the 8% growth rate for India, there is a need for increase in the private investment apart from the public...

CEA V Anantha Nageswaran, ET BFSI

CEA V Anantha Nageswaran, ET BFSI

CEA with other dignitaries at an event organised by NCAER in New Delhi.NEW DELHI: Chief Economic Adviser (CEA) V Anantha Nageswaran bets on the high possibility of India’s 8% growth rate in the Financial Year 2024. At an event organised by NCAER in New Delhi, the CEA...

U.S. probe finds widespread sexual misconduct at FDIC

U.S. probe finds widespread sexual misconduct at FDIC

Federal Deposit Insurance Corporation (FDIC) building is seen in Washington DC, United States on April 2, 2023.Celal Gunes | Anadolu Agency | Getty ImagesThe Federal Deposit Insurance Corporation must make sweeping changes to address widespread sexual harassment and...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russia used more than 50 missiles and 20 drones in overnight attacks, Zelenskyy saysRussia used dozens of missiles and drones to attack Ukraine's infrastructure overnight, Ukraine's President Volodymyr Zelenskyy said Wednesday morning."More than 50 rockets and more...

LockBit ransomware indictment and reward for Russian

LockBit ransomware indictment and reward for Russian

Zoom In IconArrows pointing outwardsDmitry Yuryevich Khoroshev, Russian national and a leader of LockBit. Courtesy: U.S. Department of the TreasuryFederal prosecutors on Tuesday announced criminal charges against a Russian national, Dmitry Yuryevich Khoroshev, for...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

China says Russia should be included in upcoming Ukraine peace summitChina's ambassador to Russia told Russian media Tuesday that Moscow should be included in a forthcoming Ukraine peace summit to be held in Switzerland.Ambassador Zhang Hanhui told RIA Novosti that...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

German foreign minister says there will be consequences for Russian cyberattackAnnalena Baerbock (Alliance 90/The Greens), Foreign Minister, looks at a screen displaying a cyber exercise in the Australian Center for Cyber Cooperation.Sina Schuldt | Picture Alliance |...

Trump Media IDs firms for House short selling probe

Trump Media IDs firms for House short selling probe

Omar Marques | Lightrocket | Getty ImagesThe CEO of Trump Media urged leading House committee chairmen to investigate eight financial firms over concerns of potentially illicit short selling of DJT, whose majority shareholder is former President Donald Trump."I...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Georgian police disperse protesters as parliament approves 'foreign bill' second readingDemonstrators set up a barricade to block the side entrance of Georgian Parliament during a rally against a controversial "foreign influence" bill, after parliament advanced the...

Trump campaign lawyers seek to quit discrimination case

Trump campaign lawyers seek to quit discrimination case

Presidential candidate Donald Trump gestures in a press conference unveiling his comprehensive tax reform plan at Trump Tower. Andy Katz | Lightrocket | Getty ImagesA federal judge in New York scheduled a closed-door meeting Wednesday afternoon on a request by lawyers...

Ex-RBI Guv Duvvuri Subbarao, ET BFSI

Ex-RBI Guv Duvvuri Subbarao, ET BFSI

Former RBI Governor Duvvuri Subbarao has opined that only enlightened leadership at Centre and state levels can resolve the complex north-south divide in deciding on the distribution of the tax pool among states, saying it is beyond the remit of the Finance...

Trump Media insider trading trial begins in New York

Trump Media insider trading trial begins in New York

Bruce Garelick walks following a hearing at the Manhattan Federal Court, in New York City, July 20, 2023.Amr Alfiky | ReutersThe federal criminal trial of a man accused of insider trading in shares of a shell company ahead of its announcement of a plan to merge with...

police crack down on protests in Georgia

police crack down on protests in Georgia

Protestors clash with the police as they block the exists of the parliament building to prevent the ruling Georgian Dream Party's deputies from leaving within a protest against the bill on 'Transparency of Foreign Influence,' in Tbilisi, Georgia on April 30, 2024....

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russia could be shifting focus onto strategic target, Chasiv YarRussian forces appear to be shifting their operational focus on to Chasiv Yar in the northern area of Donetsk, in eastern Ukraine.Russia did not make any confirmed advances in the Avdiivka area for the...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russia likely used ballistic missile with cluster warhead in Odesa attack, official saysRussian forces used an Iskander missile armed with a cluster warhead to carry out the deadly strike on a crowded seaside area of Odesa on Monday, an official said.Dmytro...

Scottish First Minister Humza Yousaf resigns

Scottish First Minister Humza Yousaf resigns

Scottish First Minister Humza Yousaf speaks to the media during a visit to a housing development on April 26, 2024 in Dundee, Scotland. Jeff J Mitchell | Getty ImagesScottish First Minister Humza Yousaf resigned Monday after the collapse of his power-sharing agreement...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Ukraine desperate for U.S. military aid to arriveUkrainian President Volodymyr Zelenskyy gestures during a press conference on the day of the Ukraine Southeast Europe Summit in Tirana, Albania, February 28, 2024. Florion Goga | ReutersUkraine's President Volodymyr...

RBI MPC member, BFSI News, ET BFSI

RBI MPC member, BFSI News, ET BFSI

New Delhi, Unemployment is highest for younger age brackets, but it is 'transient' as Indian youths spend more time acquiring skills and trying hands at entrepreneurship, RBI Monetary Policy Committee (MPC) member Ashima Goyal has said. There is steady improvement in...

RBI draft rules, ET BFSI

RBI draft rules, ET BFSI

The Reserve Bank of India (RBI) has released a draft circular outlining a framework for loan product aggregation by lending service providers (LSPs) to enhance transparency for borrowers in the credit intermediation process. This initiative aims to address the...

HC asks RBI to relook at valuation, BFSI News, ET BFSI

HC asks RBI to relook at valuation, BFSI News, ET BFSI

MUMBAI: The Madras HC has asked RBI to carry out a valuation of shares and assets of DBS Bank India and Lakshmi Vilas Bank as on the date before their amalgamation in Nov 2020. RBI has been asked to take a fresh decision on reduction of the value of shares and writing...

Former Moody’s top lawyer pleads guilty in tax case

Former Moody’s top lawyer pleads guilty in tax case

Moody's Corporation logo is photographed on the firm's headquarters in Lower Manhattan, NY. Ramin Talaie | Corbis Historical | Getty ImagesA former longtime general counsel to Moody's has pleaded guilty to willfully failing to file federal income tax returns, federal...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

China must stop supporting Russia if it wants better relations with West: NATO chiefNATO Secretary General Jens Stoltenberg speaks during a press conference at the International Monetary Fund and World Bank annual meeting in Marrakech, Morocco, October 11, 2023.Susana...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

U.K. Finance Minister Jeremy Hunt visits KyivBritish Finance Minister Jeremy Hunt met with Ukrainian President Volodymyr Zelenskyy in Kyiv, the Ukrainian leader said Thursday. "I welcomed the UK's Chancellor of the Exchequer, @Jeremy_Hunt, and thanked him for the UK's...

Biden signs Israel, Ukraine, TikTok bill into law

Biden signs Israel, Ukraine, TikTok bill into law

President Joe Biden on Wednesday signed into law measures to provide aid to Israel, Ukraine and Taiwan, as well as to compel Chinese TikTok parent company ByteDance to sell the social media platform or face a national ban.Biden's official approval ends a six-month...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Court arrests Russian deputy defence minister on bribery chargesA Russian court on Wednesday formally arrested Deputy Defense Minister Timur Ivanov and charged him with bribery, the court said, following his detention on Tuesday.The court remanded Ivanov in custody...

Hearing on gag order violations; David Pecker testimony

Hearing on gag order violations; David Pecker testimony

Republican presidential candidate and former U.S. President Donald Trump looks on in the courtroom, as his criminal trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016 continues, at Manhattan state...

Billionaire donors rethink Columbia University support

Billionaire donors rethink Columbia University support

Nassau County Executive Bruce A Blakeman speaks in front of the entrance of Columbia University which is occupied by pro-Palestian protesters in New York on April 22, 2024. Charly Triballeau | AFP | Getty ImagesBillionaire donors like Robert Kraft and Leon Cooperman...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russia warns it will retaliate if West seizes frozen assetsA close ally of Russian President Vladimir Putin warned Tuesday that Russia is ready to retaliate if almost $300 billion of frozen Russian assets are seized by the West and used to assist Ukraine."The...

Trump set to get millions more Trump Media shares

Trump set to get millions more Trump Media shares

Anna Barclay | Getty ImagesFormer President Donald Trump is poised to receive an additional 36 million shares of Trump Media Tuesday — an "earnout" bonus worth more than $1.25 billion, at Monday's price.Trump Media, which owns the Truth Social app, was trading at...

RBI MPC member Shashanka Bhide, ET BFSI

RBI MPC member Shashanka Bhide, ET BFSI

Sustaining the economic growth momentum of 7 per cent in 2024-25 and beyond is feasible on the back of favorable monsoon, higher farm productivity and improved global trade, RBI Monetary Policy Committee (MPC) member Shashanka Bhide said on Monday. During 2023-24, the...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russia slams U.S. aid package, saying it will 'ruin Ukraine'Russia has, predictably, reacted angrily to a new U.S. $61 billion aid package for Ukraine, claiming that it will only lead to more carnage in the conflict.Kremlin spokesperson Dmitry Peskov said Saturday...

Trump cancels North Carolina rally due to storm

Trump cancels North Carolina rally due to storm

Former U.S. President Donald Trump enters Manhattan Criminal Court after a lunch break during his trial for allegedly covering up hush money payments on April 19, 2024 in New York City. Spencer Platt | Via ReutersU.S. Republican presidential candidate Donald Trump...

New York AG seeks to void Trump business fraud bond

New York AG seeks to void Trump business fraud bond

Former President Donald Trump returns from a lunch break at Manhattan criminal court as jury selection continues in New York on April 18, 2024.Jabin Botsford | ReutersThe New York Attorney General's office on Friday asked a judge to effectively void a $175 million...

Man sets himself on fire at New York courthouse

Man sets himself on fire at New York courthouse

Fire extinguishers (R) are left at the park across from Manhattan Criminal Court in New York City after a man reportedly set himself on fire during the trial of US President Donald Trump, in New York City on April 19, 2024. Angela Weiss | AFP | Getty ImagesA man set...

All-out war, or measured retaliation?

All-out war, or measured retaliation?

A banner depicting missiles and drones flying past a torn Israeli flag, with text in Persian reading "the next slap will be harder" and in Hebrew "your next mistake will be the end of your fake state", hangs on the facade of a building in Palestine Square in Tehran on...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

'We must defeat Russian terror': Zelenskyy renews call for stronger air defensesUkrainian gunners of the 14th Separate Mechanised Brigade named after Prince Roman the Great, fire at the enemy with BM 21 "Grad" MLRS at a position near the town of Kupyansk, Kharkiv...

Apple, Tesla investments boost Modi

Apple, Tesla investments boost Modi

Google CEO Sundar Pichai and Apple CEO Tim Cook listen as India's prime minister, Narendra Modi, speaks during a meeting with senior officials and CEOs of American and Indian companies, in the White House in Washington, D.C., on June 23, 2023.Brendan Smialowski | AFP...

Banks see delay in rate cuts by RBI, too, ET BFSI

Banks see delay in rate cuts by RBI, too, ET BFSI

Mumbai: A delay by the US Federal Reserve in reducing rates is likely to weigh on Mint Road's decision on starting its own policy rate-easing cycle. After Morgan Stanley and Kotak Bank, IDFC Bank now expects India's central bank to defer its rate easing call, perhaps...

Banks see delay in rate cuts by RBI, too, ET BFSI

Banks see delay in rate cuts by RBI, too, ET BFSI

Mumbai: A delay by the US Federal Reserve in reducing rates is likely to weigh on Mint Road's decision on starting its own policy rate-easing cycle. After Morgan Stanley and Kotak Bank, IDFC Bank now expects India's central bank to defer its rate easing call, perhaps...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Ukraine has 'urgent' need for air defense, artillery and ammunition, army chief saysThe commander-in-chief of Ukraine's armed forces on Wednesday said that he had emphasized Ukraine's "urgent needs" on the battlefield in a conversation with top U.S. General...

Trump complains about hush money trial jury selection

Trump complains about hush money trial jury selection

Former U.S. President Donald Trump speaks to the media on the first day of his trial for allegedly covering up hush money payments at Manhattan Criminal Court on April 15, 2024 in New York City. Jefferson Siegel | Getty ImagesDonald Trump complained Wednesday that his...

Trump Media shares rise more than 10%

Trump Media shares rise more than 10%

Jonathan Raa | Nurphoto | Getty ImagesThe price of Trump Media shares rose by more than 10% in early trading Wednesday.The big bump for DJT followed two days of share losses on the Nasdaq.Trump Media, which owns the Truth Social app, closed more than 14% lower on...

Fed VC Jefferson, ET BFSI

Fed VC Jefferson, ET BFSI

Washington DC [US], April 17 (ANI): US Federal Reserve Vice Chair Philip N Jefferson believes it will be appropriate to maintain the current restrictive monetary policy stance, to align inflation with 2 per cent.Speaking at the International Research Forum on Monetary...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Putin warns against escalation in first comments on Iran-Israel conflictRussian President Vladimir Putin and Iran's President Ebrahim Raisi hold a meeting in Tehran on July 19, 2022.Sergei Savostyanov | AFP | Getty ImagesRussian President Vladimir Putin made his first...

Jury selection continues in criminal hush money case

Jury selection continues in criminal hush money case

Former U.S. President Donald Trump speaks to the press after the first day of his trial for allegedly covering up hush money payments linked to extramarital affairs, at Manhattan Criminal Court in New York City, U.S. on April 15, 2024. Angela Weiss | Via ReutersThis...

NSE’s Ashish Chauhan, ET BFSI

NSE’s Ashish Chauhan, ET BFSI

New Delhi, April 16 (IANS): If the Indian stock markets are considered among the best-performing ones in the world, it is due to the political stability and the creation of a robust social security framework the country has witnessed in the last 10 years, according to...

New York tax preparer charged in big tax fraud scheme

New York tax preparer charged in big tax fraud scheme

Damian Williams, U.S. Attorney for the Southern District of New York, speaks during a press conference in New York City, Sept. 22, 2023.Barry Williams | New York Daily News | Getty ImagesA New York tax preparer was arrested Monday on charges related to causing...

Morgan Stanley, BFSI News, ET BFSI

Morgan Stanley, BFSI News, ET BFSI

MUMBAI - Interest rate cuts in India are "off the table" in fiscal year 2024/25 given the change in the Federal Reserve's policy path and strong growth in the South Asian nation, analysts at Morgan Stanley said on Tuesday."We believe that improving productivity...

Commerce will spend all CHIPS Act money this year

Commerce will spend all CHIPS Act money this year

TAYLOR, Texas — The Commerce Department is on track to dole out all of the $39 billion in grant money allocated under the CHIPS Act by year-end, Commerce Secretary Gina Raimondo told CNBC on Monday.The Commerce Department is providing the money to semiconductor...

Mahendra Kumar Jajoo, ET BFSI

Mahendra Kumar Jajoo, ET BFSI

Mahendra Kumar Jajoo, CIO, Mirae Asset Investment Managers, says . “I expect the Fed to cut rates in July-August. The rate cut cycle will be shallow. The Fed will cut to reverse the ultra-aggressive rate hikes of the last 100 basis points and then the Fed will watch...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russian forces pummel east Ukraine in bid to advance on Chasiv Yar, officials sayRussian forces continue to pummel eastern Ukraine in a bid to advance farther into the Donetsk region while Ukraine continues to suffer shortages of manpower and materiel.The...

Lithuanian policymaker Simkus, ET BFSI

Lithuanian policymaker Simkus, ET BFSI

VILNIUS - The European Central Bank could cut interest rates more than three times this year and the reductions should not be held back if the U.S. Federal Reserve delays its own cuts, Lithuanian policymaker Gediminas Simkus said on Monday.Simkus, making some of the...

Trump starts New York criminal trial in hush money case

Trump starts New York criminal trial in hush money case

Former U.S. President Donald Trump attends a campaign event on April 02, 2024, in Grand Rapids, Michigan.Spencer Platt| Getty ImagesThe hush money trial of Donald Trump is set to kick off Monday in New York with jury selection, the first time a former U.S. president...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Moscow diplomat slams Israel after attack, saying it hasn't sympathized with assaults on RussiaRussia's Foreign Ministry spokesperson slammed Israel following Iran's massive drone and missile attack on the country on Saturday, saying Israel had not shown any...

FPSB India CEO, ET BFSI

FPSB India CEO, ET BFSI

New Delhi: The country needs a "new breed of financial planning professionals" who can act as consultants for customers, Financial Planning Standards Board (FPSB) India CEO Krishan Mishra said. India currently has 2,731 certified financial planners (CFPs) who are...

Survey, BFSI News, ET BFSI

Survey, BFSI News, ET BFSI

NEW DELHI - Unemployment and inflation are the main concerns of Indian voters but Prime Minister Narendra Modi's strong leadership, his party's Hindu nationalist agenda and India's rising global stature will likely help his re-election bid, a survey shows.The findings...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Ural river water levels top 11 meters in Russia's Orenburg region, officials sayWater levels of the Ural river reached 11 meters and 29 centimeters on Friday in Russia's Orenburg, Denis Pasler, the regional governor, said on Telegram.In the two hours to 8:00 local...

Lawsuit targets donation to Rudy Giuliani defense fund

Lawsuit targets donation to Rudy Giuliani defense fund

Former New York Mayor Rudy Giuliani departs the U.S. District Courthouse after he was ordered to pay $148 million in his defamation case in Washington, U.S., December 15, 2023.Bonnie Cash | ReutersOne of the largest donations to Rudy Giuliani's legal defense fund is...

Fed Meet Minutes, ET BFSI

Fed Meet Minutes, ET BFSI

US Federal Reserve officials felt that the key interest rate was likely at its peak and it would be appropriate to loosen the monetary policy stance at some point this year, the minutes of its latest policy review meeting showed."...almost all participants judged that...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Swiss to host peace summit in June, but Russia says it won't attendSwitzerland has confirmed it will host a high-level conference on how to achieve peace in Ukraine, the Swiss government said late Wednesday.The summit will take place on June 15-16 in the resort of...

Trump Media stock shares drop by more than 6%

Trump Media stock shares drop by more than 6%

Jonathan Raa | Nurphoto | Getty ImagesThe share price of Trump Media was down by more than 6% in midday trading Wednesday, putting the company's market capitalization below $5 billion.DJT shares were selling for $35.15 at 12:06 p.m. ET, well below the $70.90 that the...

New govt’s economic agenda for 100 days, ET BFSI

New govt’s economic agenda for 100 days, ET BFSI

The cabinet secretary has called a meeting with officials of key economic ministries on Friday to work out the economic agenda for the first 100 days of the new government that will take charge after the general election.Officials from the ministries of finance,...

Is inflation cooling enough for the Fed?, ET BFSI

Is inflation cooling enough for the Fed?, ET BFSI

WASHINGTON - An eagerly awaited report Wednesday on consumer prices will show whether inflation is still easing, a trend the Federal Reserve will weigh in deciding when and by how much - or even whether - to cut interest rates this year. The March inflation figures...

Russia-Ukraine war live updates from April 10, 2024

Russia-Ukraine war live updates from April 10, 2024

Drones attack Russian city of Taganrog, officials sayA drone attack targeted the southern Russian city of Taganrog on Wednesday, Russian officials said."Attention! UAV attack. If possible, go down to the lower floors, to the basement. Find a place without windows, sit...

Woman who stole Ashley Biden diary sentenced to jail

Woman who stole Ashley Biden diary sentenced to jail

Ashley Biden speaks alongside her father US President Joe Biden during a Juneteenth concert on the South Lawn of the White House in Washington, DC, US, on Tuesday, June 13, 2023. Samuel Corum | Bloomberg | Getty ImagesA Florida woman who stole and then sold a diary...

RBI, BFSI News, ET BFSI

RBI, BFSI News, ET BFSI

MUMBAI: RBI has said that interest rate transmission is incomplete as deposit rates are still rising and banks may need to relook at the low lending rates, offered through special loan schemes, which will affect their margins.Banks have been fighting a rate battle in...

experts, BFSI News, ET BFSI

experts, BFSI News, ET BFSI

The government move to introduce an artificial intelligence law that will safeguard the commercial and creative interests of content creators including news publishers will help balance the interests of publishers with the needs of those developing generative AI...

RBI, BFSI News, ET BFSI

RBI, BFSI News, ET BFSI

Frequent weather shocks caused by climate change pose challenges for the monetary policy as well as downside risks to economic growth, a Reserve Bank report said. Global average temperatures are on a rise, with accompanying increase in extreme weather events (EWE),...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Ukraine destroys attack drones, missiles launched by RussiaA view of a damaged fire truck after Russian forces launched a massive drone attack on the city of Kharkiv, Ukraine on April 4, 2024. The drone attack killed 4, injured 12 people. Anadolu | Anadolu | Getty...

Five questions for the ECB, BFSI News, ET BFSI

Five questions for the ECB, BFSI News, ET BFSI

Traders betting the European Central Bank is all but certain to start cutting interest rates in June just need a green light from policymakers on Thursday that the coast is clear.Inflation slowed to even nearer the ECB's 2% target in March, paving the way for the bank...

When will RBI cut rates?, BFSI News, ET BFSI

When will RBI cut rates?, BFSI News, ET BFSI

With the Reserve Bank of India maintaining a status quo on rates and stance, analysts say that the central bank may cut rates in the August policy review or in the October policy announcement. The timing of a rate cut, however, presents a nuanced challenge. Forecasts...

RBI, BFSI News, ET BFSI

RBI, BFSI News, ET BFSI

MUMBAI: RBI has cautioned that frequent shocks to inflation due to climate change can weaken policy transmission and necessitate tighter monetary policy. RBI's monetary policy report noted that climate change can increase inflation and stunt growth.The report said...

All the details, BFSI News, ET BFSI

All the details, BFSI News, ET BFSI

The Reserve Bank of India (RBI) has introduced two fresh website and mobile app offerings. According to an announcement by the central bank, the current website will continue to be accessible for a period, operating alongside the newly launched platforms.The release...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

The Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine on June 15, 2023.Olga Maltseva | Afp | Getty ImagesThe United Nations' atomic energy watchdog sounded the alarm Sunday after drones struck a nuclear reactor at the Russian-held Zaporizhzhia...

RBI allows cash deposits in CDMs via UPI, ET BFSI

RBI allows cash deposits in CDMs via UPI, ET BFSI

Mumbai: The RBI has decided to allow bank customers to deposit money in Cash Deposit Machines (CDMs) through UPI as part of its policy to enhance convenience in carrying out transactions.Deposit of cash through CDMs is currently being done primarily through the use of...

New Tax Regime Hits Pvt Sector Addition To Nps, ET BFSI

New Tax Regime Hits Pvt Sector Addition To Nps, ET BFSI

NEW DELHI: The pension scheme for the corporate and individuals, regulated by Pension Fund Regulatory and Development Authority (PFRDA), may have been hit by the new tax regime, which offers lower tax rates but no exemptions, such as, those for investment.Latest data...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Ukraine has prevailed to "stabilize" its battlefield positions: ZelenskyyUkraine's President Volodymyr Zelensky looks on during a press conference with French President at the presidential Elysee palace in Paris on February 16, 2024, after signing a bilateral security...

Trump Media stock is ‘a scam’ Barry Diller says

Trump Media stock is ‘a scam’ Barry Diller says

Trump Media is "a scam," and people buying its high-flying stock are "dopes," IAC and Expedia Chairman Barry Diller said Thursday in a scathing takedown of the social media company whose majority shareholder is former President Donald Trump."I mean, it's ridiculous,"...

Impact on RBI, biz, food & GDP, ET BFSI

Impact on RBI, biz, food & GDP, ET BFSI

When one thinks of summers, one thinks of ice cream. What does one think when one thinks of heat waves? With weather experts warning that intensity and frequency of heat waves will only increase in India in future, extreme heat will not only make daily life...

Trump loses late bid to delay New York hush money trial

Trump loses late bid to delay New York hush money trial

Former U.S. President Donald Trump speaks after attending a wake for New York City Police Department (NYPD) officer Jonathan Diller, who was shot and killed while making a routine traffic stop on March 25 in the Far Rockaway section of Queens, in Massapequa Park, New...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

France denies readiness to talk with Russia over Ukraine: ReutersFrance has denied showing readiness for potential talks with Russia over Ukraine, refuting Moscow's account of a call on Wednesday between French Defense Minister Sebastian Lecornu and his Russian...

What next for RBI after completing 90 years, ET BFSI

What next for RBI after completing 90 years, ET BFSI

The Reserve Bank of India (RBI) celebrated its 90th anniversary with a programme attended by Prime Minister Narendra Modi, who highlighted the institution's pivotal role in India's economic growth. As the RBI commemorates this milestone, it is not just reflecting on...

Austrian cenbank Governor Holzmann, ET BFSI

Austrian cenbank Governor Holzmann, ET BFSI

VIENNA - The European Central Bank needs to stop subsidizing commercial banks and should cut interest payments on the piles of cash lenders got from the central bank on the cheap, Austrian central bank Governor Robert Holzmann said.Commercial banks are sitting on 3.2...

Can KYC be done via digital mode?, BFSI News, ET BFSI

Can KYC be done via digital mode?, BFSI News, ET BFSI

Markets regulator SEBI has mandated KYC (Know Your Client) compliance for investors before starting investments in a mutual fund scheme.WHAT IS THE PROCESS FOR COMPLETING KYC BEFORE STARTING MF INVESTMENTS?To open a folio for investing in a mutual fund, an investor...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

NATO Secretary General Jens Stoltenberg speaks during a press conference at the International Monetary Fund and World Bank annual meeting in Marrakech, Morocco, October 11, 2023.Susana Vera | ReutersNATO foreign ministers are gathering in Brussels, where the...

RBI, BFSI News, ET BFSI

RBI, BFSI News, ET BFSI

The Reserve Bank of India (RBI) on Monday said nearly 97.69 per cent of the Rs 2,000 denomination bank notes have returned to the banking system, and only Rs 8,202 crore worth of the withdrawn notes are still with the public.The total value of Rs 2,000 banknotes in...

Governor Shaktikanta Das, ET BFSI

Governor Shaktikanta Das, ET BFSI

Mumbai: The Reserve Bank of India (RBI) will ensure a strong and stable financial system that will act as a bedrock for the country's economic progress, Governor Shaktikanta Das said, underscoring central bank's efforts to shore up domestic resilience in a volatile...

Governor Shaktikanta Das, ET BFSI

Governor Shaktikanta Das, ET BFSI

The Reserve Bank of India (RBI) will ensure a strong and stable financial system that will act as a bedrock for the country's economic progress, Governor Shaktikanta Das said, underscoring central bank's efforts to shore up domestic resilience in a volatile global...

SBI economist, BFSI News, ET BFSI

SBI economist, BFSI News, ET BFSI

Chennai: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) may cut repo rate only in the third quarter of FY25 and not before, said a top economist in the State Bank of India (SBI).In a research report, Soumya Kanti Ghosh, the Group Chief Economic...

Major money changes from April 1, ET BFSI

Major money changes from April 1, ET BFSI

The financial year 2024–25 begins today April 1, 2024 and with it, a few significant financial changes that can have an impact on your investment and spending. Let's see major financial changes and new norms that will take place in April 2024.The 'One Vehicle, One...

ESGDS’ Ramnath Iyer, ET BFSI

ESGDS’ Ramnath Iyer, ET BFSI

Adoption of environmental, social and governance (ESG) rules and practices is not just a choice today but a necessity driven by global value chains, government incentives and corporate initiatives. For MSMEs, ESG practices are considered pivotal for business...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Russian President Vladimir Putin (L) and Belarussian President Alexander Lukashenko (R) enter the hall during the plenary session of the Supreme Council of Russia and Belarus, at the Konstantin Palace on January 29, 2024, in Saint Petersburg, Russia. Contributor |...

RBI DG Rajeshwar Rao, ET BFSI

RBI DG Rajeshwar Rao, ET BFSI

The Reserve Bank of India's deputy governor, Rajeshwar Rao, said there is always the possibility of a trade-off between regulation and innovation.Speaking at an event in Mumbai Saturday evening, he said, "We need to remain alert to the spawning of new ideas and trends...

PM Modi at RBI’s 90th anniversary ceremony, ET BFSI

PM Modi at RBI’s 90th anniversary ceremony, ET BFSI

NEW DELHI: Prime Minister Narendra Modi on Monday addressed an event commemorating the 90th anniversary of the Reserve Bank of India in Mumbai.PM Modi while addressing the ceremony said that central government in its effort to revive PSU banks, injected Rs 3.5 lakh...

RBI DG Rajeshwar Rao, ET BFSI

RBI DG Rajeshwar Rao, ET BFSI

The Reserve Bank of India's deputy governor, Rajeshwar Rao, said there is always the possibility of a trade-off between regulation and innovation.Speaking at an event in Mumbai Saturday evening, he said, "We need to remain alert to the spawning of new ideas and trends...

Sebi chief on T+0 settlements, ET BFSI

Sebi chief on T+0 settlements, ET BFSI

Attaining the global first of T+0 settlement involved a lot of problem-solving and personal discomforts, Sebi chairperson Madhabi Puri Buch has said giving the analogy of "onion peeling" for the achievement. Speaking at the annual convocation of the Indian Institute...

Here’s all you need to know, ET BFSI

Here’s all you need to know, ET BFSI

India's stock market is set to usher in the T+0 settlement system from today, making it among the handful of countries to implement the shorter trade settlement cycle. To start with, a 'beta version' will be implemented to ensure the smooth functioning of the shorter...

RBI deputy guv, ET BFSI

RBI deputy guv, ET BFSI

India can achieve a growth rate of 10 per cent in the next decade and become the second-largest economy by 2032 and the largest by 2050, given the energies and transformation driving the nation to overcome its challenges, said RBI Deputy Governor Michael Debabrata...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

Ukraine claims Russia knew terror attack was comingKYIV, UKRAINE - MARCH 10: Kyrylo Budanov, Chief of the Main Directorate of Intelligence of Ukraine, speaks during the farewell ceremony for Dmytro Kotsiubailo on Independence Square on March 10, 2023 in Kyiv, Ukraine....

Finance Minister Nirmala Sitharaman, ET BFSI

Finance Minister Nirmala Sitharaman, ET BFSI

Finance Minister Nirmala Sitharaman has revealed that she turned down the Bharatiya Janata Party's (BJP) invitation to contest in the upcoming Lok Sabha elections due to financial constraints. Speaking at the TIMES NOW Summit 2024, Sitharaman disclosed that BJP...

Latest news on Russia and the war in Ukraine

Latest news on Russia and the war in Ukraine

U.S. defended Ukraine too quickly after terror attack, Russian foreign ministry saysRussian officials continue to accuse the West and Ukraine of involvement in the Crocus City Hall attack last Friday in which 139 people were killed.Ukraine denies any involvement and...

No tango with repo, yet RBI moves ease rates, ET BFSI

No tango with repo, yet RBI moves ease rates, ET BFSI

New Delhi: The Reserve Bank of India (RBI) may not have officially lowered policy rates yet or demonstrated any intent to do so in the immediate future, but a steady injection of funds over the past few weeks into a liquidity-parched financial system has helped...

A ‘feeble’ Trump is ‘lying about having money’

A ‘feeble’ Trump is ‘lying about having money’

Former U.S. President Donald Trump speaks from the hallway outside a courtroom where he attended a hearing in his criminal case on charges stemming from hush money paid to a porn star in New York City, U.S., March 25, 2024. Brendan Mcdermid | ReutersA court ruling...

Trump Media stock ticker DJT debuts after DWAC merger

Trump Media stock ticker DJT debuts after DWAC merger

In this photo illustration a smartphone screen displays the logo of Donald Trump's Truth Social app March 25 2024 in Bath, England. Anna Barclay | Getty ImagesThis old stock ticker DJT is new again for Donald Trump's social media company.Trump Media & Technology...

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