The Delhi High Court has directed the Samajwadi Party and its media cell to take down within four days a “defamatory” post on X (formerly Twitter) against BJP IT department head Amit Malviya. In an interim order passed on Friday on the lawsuit by Malviya against the Samajwadi Party (SP) and ‘Samajwadi Party Media Cell’, … Read more
“One of the things that they are pointing to and Mr Dudley mentioned, is the rise in credit card delinquencies. But those people who are delinquent are lower middle class, a little bit of the middle class,” says Mark Matthews, Julius Baer.What is your sense of the kind of fall that we have seen on … Read more
Samajwadi Party chief Akhilesh Yadav won the Kannauj Lok Sabha seat in Uttar Pradesh on Tuesday by a margin of 1,70,000 votes over his nearest rival and BJP MP Subrata Pathak. According to Election Commission data, Yadav got 6,42,292 votes while Pathak polled 4,71,370 votes. BSP’s Imran Bin Zafar got 81,639 votes. Under Yadav’s leadership, … Read more
“Achche din ki sabse badi guarantee hai the growth in the GDP. So, India having reached fifth largest economy status and all the pundits and all the gurus from IMF to investment houses to all the economists predict that India will be number three in a very short duration of time,” says Puneet Chhatwal, MD … Read more
The Nasdaq closed at a record high on Monday while the S&P 500 gained slightly as technology stocks advanced ahead of Nvidia‘s highly anticipated earnings and investors gauged the timing of an interest rate cut by the Federal Reserve. The S&P 500 technology index led gains among the 11 major S&P sectors, rising 1.32%, helped … Read more
S&P Global Ratings on Friday downgraded Vedanta Resources to among its lowest ratings citing a “distressed” bond extension move, marking the second downgrade of the company this week. The agency reduced Vedanta’s issuer rating to “SD” or “selective default” from “CC,” indicating the agency believes the company has defaulted on some payments but will meet … Read more
The ratings firm has projected inflation to hit 5.5% this year, up half a percentage point from its previous forecast. Earlier this week, S&P retained its forecast for India’s economic growth at 6% for FY24 and 6.9% for the subsequent two years. “The risks are fairly balanced, especially on growth. In fact, growth could come … Read more
Wall Street‘s main indexes opened lower on Monday as protests in major Chinese cities against strict Covid-19 policies reignited concerns about economic growth, while Apple slipped on a report of disruption in production at a factory in China. The Dow Jones Industrial Average fell 71.1 points, or 0.21%, at the open to 34,275.91. The S&P … Read more
Here are the highest paid male and female CEOs in the S&P 500 index for 2021, as calculated by The Associated Press and Equilar, an executive data firm. The AP’s compensation study covered 340 executives at S&P 500 companies who have served at least two full consecutive fiscal years at their respective companies, which filed … Read more
The Samajwadi Party and its allies on Tuesday alleged that two trucks laden with electronic voting machines have gone missing in Varanasi after the March 7 voting. The SP along with its allies Suheldev Bhartiya Samaj party and Janwadi Party (Socialist) made the allegation in a memorandum submitted to the office of Chief Electoral Officer … Read more