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Global Business News

Global Business / The Economic Times

Is Donald Trump the reason behind Ellen DeGeneres and Portia de Rossi's move to the UK?

Ellen DeGeneres and Portia de Rossi have relocated to the Cotswolds in England. A source revealed their move followed Donald Trump's election. The couple listed their Montecito house for sale. DeGeneres addressed criticism about her talk show in her Netflix special. She has been enjoying gardening and raising chickens.

21 Nov 2024 12:58 pm
Three former execs of Canadian pension fund CDPQ charged alongside Adani in US fraud, bribery case

The US SEC has charged Indian billionaire Gautam Adani and others, including three former CDPQ executives, with a bribery and fraud case exceeding $250 million. The former CDPQ executives implicated are Cyril Cabanes, Saurabh Agarwal, and Deepak Malhotra. The indictment also names Ranjit Gupta, former CEO of CDPQ-controlled Azure Power, a green energy firm previously listed on the NYSE.

21 Nov 2024 12:58 pm
Ukraine launches UK's Storm Shadow missiles at Russia; Will it be able to slow Moscow's advance?

For the first time, Ukraine has used UK-supplied Storm Shadow missiles to strike targets inside Russia, according to multiple reports. The move follows the recent approval from Washington for Kyiv to deploy US-made ATACMS missiles across the Russian border. Both missile systems have targeted strategic locations, such as ammunition depots, as part of Ukraines intensified counteroffensive. Officials in Ukraine, the UK, and the US have declined to comment on the specifics, underlining operational s

21 Nov 2024 12:52 pm
Gautam Adani should be arrested, PM Modi protecting him: Rahul Gandhi

Congress leader Rahul Gandhi called for the arrest of Gautam Adani, chairman of the Adani Group, following allegations of a multibillion-dollar fraud scheme. Gandhi urged for an investigation and punishment for Adani, accusing Prime Minister Modi of protecting the tycoon. U.S. prosecutors indicted Adani, his nephew, and another executive for allegedly bribing Indian officials to secure lucrative solar energy contracts.

21 Nov 2024 12:47 pm
Centre sanctions Rs 104.66 cr for providing health care facilities in Manipur's hill districts

The Indian government approved funding for healthcare facilities in Manipur's hill districts. The funding will provide advanced medical equipment and services. Residents will have access to CT scans, MRI, ICU services, and specialized care. The initiative aims to improve healthcare access in remote areas. The Churachandpur Medical College is already operational. This funding reflects the government's commitment to equitable healthcare.

21 Nov 2024 12:42 pm
Gautam Adani's wealth plummets by over $12.4 billion: Hindenburg dj vu on the anvil?

Gautam Adani and associates were indicted in New York for allegedly bribing officials to secure solar energy contracts. The charges led to a $12.4 billion drop in Adani's net worth and sent Adani Group stock plummeting, sparking concerns about the company's financial stability and casting a shadow over its future in renewable energy.

21 Nov 2024 12:41 pm
Trump's incoming chief of staff is former lobbyist; she'll face raft of special interests

Susie Wiles, a former lobbyist, has been appointed as Donald Trump's White House chief of staff. Wiles's history as a lobbyist, including representing foreign entities, has raised concerns about potential conflicts of interest. Despite this, she is praised for her political acumen and loyalty, leaving observers to speculate about the implications of her appointment for Trump's second term.

21 Nov 2024 12:29 pm
Farmers shift stubble burning to late afternoon to evade satellite detection; DSS unveils new plan for monitoring

To combat Delhi's air pollution, the Indian Institute of Tropical Meteorology (IITM) is upgrading its stubble burning monitoring system. The new system will utilize Indian or Korean satellites that provide more frequent data, addressing the issue of farmers burning stubble later in the day to avoid detection by American satellites.

21 Nov 2024 11:48 am
Maharashtra elections: MVA will win 160-165 seats, says Sanjay Raut

Following the Maharashtra assembly polls, Shiv Sena (UBT) MP Sanjay Raut projected a win for the opposition Maha Vikas Aghadi (MVA) with 160-165 seats. Raut expressed confidence in forming a stable government and announced a meeting of MVA leaders ahead of the vote counting on Saturday.

21 Nov 2024 11:46 am
Anmol Bishnoi, brother of notorious gangster Lawrence Bishnoi, seeks asylum in the US after being detained

Gangster Lawrence Bishnoi's brother Anmol Bishnoi detained in US prison. Anmol Bishnoi applied for asylum in US. Mumbai police initiated extradition proceedings against him. Anmol Bishnoi accused in several high-profile cases. He is accused of providing arms in Sidhu Moosewala murder case.

21 Nov 2024 11:40 am
What is methanol poisioning that killed four tourists in Laos

Four people, including an Australian teenager and an American tourist, have died from suspected methanol poisoning in Vang Vieng, Laos. Several tourists fell ill after consuming tainted alcohol. A 19-year-old Australian woman died in a Thai hospital, while her friend remains hospitalized. Authorities suspect methanol-laced drinks are responsible and advise caution when consuming alcohol in Laos.

21 Nov 2024 11:39 am
Chia seeds: Why you shouldn't eat them dry

chia seeds: why you shouldn't eat them dry

21 Nov 2024 11:26 am
We salute and thank PM Modi, people of India: Guyanese President Irfaan Ali

During his visit to Guyana, Indian Prime Minister Narendra Modi was honored with a dinner hosted by Guyanese President Mohamed Irfaan Ali. President Ali praised India's contributions to Guyana and the CARICOM region, highlighting their strong partnership. PM Modi also enjoyed cultural performances by the Guyanese community, showcasing their heritage through traditional Indian songs and dances.

21 Nov 2024 11:23 am
Aam Aadmi Party PAC to hold meeting on first list of candidates for Delhi assembly polls

The Aam Aadmi Party's (AAP) political affairs committee, led by Arvind Kejriwal, is set to convene on Thursday to reveal the initial roster of candidates for the Delhi Assembly elections scheduled for February. The party will prioritize candidates based on their performance, public image, and likelihood of victory.

21 Nov 2024 11:23 am
Exit Polls: BJP-NDA alliance confident of forming govt in Maharashtra, Jharkhand

Exit poll predictions for the state assembly elections sparked varied reactions across political parties. While some parties celebrated favourable forecasts, others questioned their accuracy, labelling them premature and unreflective of ground realities.

21 Nov 2024 10:57 am
Ind vs Aus: It's going to get more attritional, says Cummins on eve of five-match series

Australian captain Pat Cummins acknowledges the upcoming five-Test Border-Gavaskar Trophy against India will be a grueling contest. Despite the pressure of past losses to India, Cummins expresses confidence in his team's preparation. He emphasizes newcomer Nathan McSweeney should focus on his natural game and praises the talent of India's young all-rounder, Nitish Reddy.

21 Nov 2024 10:56 am
5 dead and 15 injured after truck collides with double decker bus on Yamuna expressway

Five people died and 15 others were injured when a truck and a double-decker bus collided on the Yamuna Expressway in Aligarh, India, early Thursday morning. The bus was en route from Delhi to Azamgarh when the accident occurred. Police attributed the cause of the crash to dense fog and the truck driver's attempt to overtake the bus.

21 Nov 2024 10:51 am
NDA or INDIA? Swaminathan Aiyar on who may win Jharkhand and Maharashtra polls

Economist Swaminathan Aiyar suggests that the Congress-INDIA bloc might hold an advantage in the Jharkhand and Maharashtra assembly elections. While exit polls indicate a tight race, Aiyar believes the BJP-led NDA's chances are slightly better in Maharashtra. He cautions against relying solely on exit polls, citing their historical unreliability.

21 Nov 2024 10:43 am
Effective fiscal-monetary coordination was core for India's success amid a series of adverse shocks: RBI Governor

RBI Governor Shaktikanta Das underscored the importance of fiscal-monetary coordination in navigating India through global economic shocks. He highlighted India's success in managing inflation and supporting growth through effective supply management and structural reforms like GST and IBC. Das emphasized the RBI's proactive policy responses, including front-loaded rate hikes, to address inflation and support growth.

21 Nov 2024 10:41 am
India always advocated and practiced dialogue for resolving international issues: Rajnath Singh at ADMM in Laos

Indian Defence Minister Rajnath Singh attended the ASEAN Defence Ministers' Meeting in Laos. He highlighted India's commitment to dialogue and peaceful resolutions for international issues. Singh emphasized the importance of cooperation and adherence to international law for peace and stability in the Indo-Pacific region. He also acknowledged the strengthening ties between India and ASEAN.

21 Nov 2024 10:37 am
BJP has disgraced democracy, doesn't follow any rules of EC: Samajwadi Party leader on UP by-polls

The BJP and Samajwadi Party traded accusations of electoral misconduct during the Uttar Pradesh by-polls. The SP alleged voter intimidation and police interference, prompting an Election Commission investigation and disciplinary action against some officers. The BJP, in turn, claimed instances of fake voting and demanded a probe. Despite the allegations, Moradabad SSP Satpal Antil assured a fair election process.

21 Nov 2024 10:34 am
Even daily exercise might not save your heart if you sit too much. Read what the study reveals before its too late

A recent study published in the Journal of the American College of Cardiology found that prolonged sitting increases the risk of heart disease, even with regular physical activity. The study emphasises the importance of reducing sedentary behavior to mitigate health risks. Excessive sitting can lead to various health issues, including heart disease, diabetes, cancer, musculoskeletal problems, and mental health concerns.

21 Nov 2024 10:34 am
New COP29 proposal shows wide gap persists on climate funding deal

Negotiations at the COP29 climate summit in Baku are struggling to reach a consensus on financial aid for developing nations facing climate change. A new draft proposal highlights the divide between developed and developing countries on the annual funding amount, eligible financial instruments, and contributor base, leaving the final sum undetermined.

21 Nov 2024 10:25 am
COP29: Rich nations oppose but developing world sticks to $1.3tn/year demand

At COP29, developing nations, including India and China, are demanding $1.3 trillion per year in climate finance from developed countries. They argue that this funding is a legal obligation under the Paris Agreement, not charity. Developed nations are resisting this figure and seeking to expand the contributor base beyond themselves.

21 Nov 2024 9:53 am
Former Lava MD Hari Om Rai gets bail in money-laundering case

The Delhi High Court granted bail to former Lava International MD Hari Om Rai, arrested in a money-laundering case involving Vivo Mobile. The court cited the ongoing documentation stage of the trial and the unlikelihood of its conclusion in the near future as reasons for granting bail.

21 Nov 2024 9:52 am
RPG Enterprises to scale up global foray, eye new business adjacencies, Vice Chairman Anant Goenka

RPG Enterprises, aiming to double its market capitalization in the next three to five years, is eyeing strategic acquisitions and expansions. The conglomerate plans to strengthen its presence in infrastructure, explore green hydrogen, and increase global reach, particularly in the EU and US. With a focus on employee well-being and gender diversity, RPG Enterprises is committed to compassionate growth.

21 Nov 2024 9:48 am
US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment

U.S. regulators are urging a federal judge to order the breakup of Google, arguing that it's necessary to curb the company's monopolistic grip on the search market. The Justice Department's proposal includes forcing Google to sell its Chrome browser and implement measures to prevent Android from favoring its search engine.

21 Nov 2024 9:43 am
Dhirendra Shastri calls for 'Vande Mataram' in temples and mosques to identify patriots and anti-nationals

Acharya Dhirendra Krishna Shastri suggested singing Vande Mataram in temples and mosques to identify true patriots. He believes this practice would unify the nation and reveal people's true loyalties. Shastri also aims to unite Hindus and eliminate caste discrimination through his Sanatan Ekta Padyatra, a journey spanning 160 kilometers and 11 days.

21 Nov 2024 9:43 am
India, Trinidad and Tobago strengthen ties with MoU exchange during India-CARICOM summit

During the 2nd India-CARICOM Summit, Indian Prime Minister Narendra Modi and Trinidad and Tobago Prime Minister Keith Rowley strengthened bilateral ties by signing an MoU on agro and food processing. They discussed expanding cooperation in digital transformation, health, defense, and other sectors. PM Modi praised Trinidad and Tobago's adoption of India's UPI payment system.

21 Nov 2024 9:33 am
Congress calls for JPC into Adani group transactions after US prosecutors charge Gautam Adani in alleged bribery case

Gautam Adani, Chairman of the Adani Group, has been charged with bribery and fraud by a US court. The charges relate to a scheme to obtain funds from US investors based on false statements. Congress leader Jairam Ramesh said the indictment supports the demand for a Joint Parliamentary Committee investigation. The US Attorney's office is handling the case.

21 Nov 2024 9:28 am
PM Modi honoured with top awards by Guyana and Dominica for global contributions

Prime Minister Narendra Modi was honored with Guyana's highest award, 'The Order of Excellence,' and Dominica's 'Dominica Award of Honour' during his three-nation visit. The awards recognize his contributions to global well-being, particularly during the COVID-19 pandemic, and his efforts to strengthen ties with both Caribbean nations.

21 Nov 2024 9:27 am
The goal of India's industrial policy should be profits, not votes

India's manufacturing subsidies, particularly those benefiting Apple, have significantly boosted exports. The government has handled Apple the right way, giving the company a great deal of freedom. The temptation, though, is to seek not just economic but political dividends from state largesse.

21 Nov 2024 8:46 am
We welcome industries who create jobs in our state: Karnataka Dy CM DK Shivakumar

Karnataka Deputy Chief Minister DK Shivakumar pledged the government's full support to industries that create jobs in the state. He highlighted Karnataka's resources, including its educational institutions and energy self-sufficiency. Shivakumar praised Industries Minister MB Patil's leadership and acknowledged Sajjan Jindal's contributions to sports through CSR. He also assured the reissuance of BPL cards to eligible families if canceled erroneously.

21 Nov 2024 8:31 am
Anmol Bishnoi, brother of gangster Lawrence Bishnoi, arrested in US

Anmol Bishnoi, the brother of notorious gangster Lawrence Bishnoi, has been arrested in Iowa and is currently held at the Pottawattamie County Jail. The arrest is linked to ongoing investigations into Bishnoi's alleged involvement in various criminal activities, including a shooting incident at Bollywood actor Salman Khan's residence.

21 Nov 2024 6:49 am
Executors of Ratan Tata's will start on shortlist for NGO boards

Following the passing of Ratan Tata, executors of his will have initiated the process of appointing members to the boards of his philanthropic organizations. Tata's will designates a significant portion of his assets to the Ratan Tata Endowment Foundation and Ratan Tata Endowment Trust, ensuring the continuation of his charitable endeavors.

21 Nov 2024 5:30 am
German cache lands on I-T browser; data on over 1,000 Indians with Gulf homes sent

Germany has provided India with a massive amount of data on properties in the UAE owned by Indians, potentially leading to tax evasion investigations. The information, exceeding the scale of the 2011 HSBC Swiss accounts data leak, has prompted notices from Indian tax authorities to over 1,000 individuals.

21 Nov 2024 5:30 am
Donald Trump is endorsing guitars worth $10,000 after cryptocurrency ventures, Bibles, sneakers, watches

Donald Trump is endorsing a line of guitars, cryptocurrency ventures, Bibles, sneakers, watches, photo books.

21 Nov 2024 4:52 am
How much do US Presidents earn when they retire, do they get any benefits or pension? Here's all you need to know

US Presidents have the most powerful job on earth, but it does not all happen for free, as American Presidents are handsomely paid, even though some of them are billionaires or have millions in assets. A US President's salary may be less than other top jobs, but it will certainly be quite attractive to many.

21 Nov 2024 4:05 am
UFOs, aliens spotted? Hundreds of other cases remain unexplained. Details here

The US government has revealed detailed document on UFOs, and aliens. Shocking details have emerged.

21 Nov 2024 4:03 am