House Majority Leader Kevin McCarthy predicts a brokered Republican Convention and says he will support the ultimate nominee. He speaks at the ECO:nomics conference in Santa Barbara, Calif.

House Majority Leader Kevin McCarthy argues for the EPA’s Clean Power Plan to be struck down in the courts. He speaks at the ECO:nomics conference in Santa Barbara, Calif.

The giant panda is no longer a critically endangered species, but the eastern gorilla is now classified as one, the International Union for Conservation of Nature says in the latest update of its "Red List." Photo: AFP/Getty

MUST READS ECB Keeps Rates on Hold as Europe’s Outlook Darkens: European Central Bank President Mario Draghi opened the door to new stimulus measures as the bank stood pat on interest rates, warning that economic risks are mounting. Europe’s Political Funk Sets Back Its Economy: Europe seems stuck, its economic recovery running out of steam and its […]

To subscribe to the newsletter, please sign up here Dear reader, We are ending the Brexit & Beyond newsletter on Jan. 31, and will soon begin sending you our daily What’s News newsletter. It features the best of The Wall Street Journal, including Brexit and European news. You can also stay up to date on the […]

To subscribe to the newsletter, please sign up here We are ending the Brexit & Beyond newsletter on Jan. 31, and will soon begin sending you our daily What’s News newsletter. It features the best of The Wall Street Journal, including Brexit and European news. You can also stay up to date on the latest Brexit […]

It may seem like a recurring nightmare, but Greece is in danger of running out of money again.

Sears Holdings, the company that owns retail stores Sears and Kmart, said this weekend that it would remove 31 Trump-branded items from its website.

President-elect Donald Trump focuses his criticism of NAFTA on Mexico. But Canada and America have a rocky trade history too.

The symbol will appear against the NOTA option in the last panel on all EVMs and ballot papers.

As per the seat-sharing agreement between Congress and DMK, Congress will contest from 21 seats and DMK from nine

A US-based immigration agency has allowed non-immigrants to "unexpectedly remain" beyond their authorised period of stay due to COVID-19 outbreak.The United States Citizenship and Immigration Services (USCIS), an agency of the Department of Homeland Security (DHS), which administers the country's naturalisation and immigration system, said that amid such conditions, most non-immigrants can timely file an application for the extension of their stay or change in status.The agency stated that application forms and petitions are available on its online website."Where applicable, employment authorisation with the same employer, subject to the same terms and conditions of the prior approval, is automatically extended for up to 240 days after I-94 expiration when an extension of stay request is filed on time," the agency said.The USCIS has granted the flexibility to non-immigrant workers for filing late applications as the spread of the virus continues to keep daily lives at a standstill.The

North Korea on Tuesday morning fired a salvo of suspected cruise missiles towards the Sea of Japan, also known as the East Sea, according to South Korea's Joint Chiefs of Staff (JSC).The "multiple projectiles" fired from Munchon in eastern Kangwon province were believed to be "surface-to-ship cruise missiles," the JCS said in a statement cited by Al Jazeera.The missiles flew for approximately 150 kilometres (93 miles) before splashing into the waters off the east coast.The launches come on the eve of the birthday of North Korea's founder Kim Il Sung and South Korea's general elections.The JCS said South Korea's military is monitoring possible additional launches by North Korea.In recent weeks, North Korea has carried out a series of short-range missile and other weapons tests amid stalled nuclear talks with the United States.Last month, it fired nine ballistic missiles in four rounds of tests, according to analysts.On Sunday, North Korean state media reported leader Kim Jong Un had ...

People in Pakistan occupied Kashmir (PoK) are facing discrimination at the time of COVID-19 outbreak as they are being denied benefits under the Ehsaas Emergency Cash Programme launched by Pakistan Prime Minister Imran Khan.Pakistan government launched the Ehsaas Emergency Cash programme under which Rs. 12,000 grant is to be provided to around 12 million families across the country including those from PoK.But like all other schemes announced by Pakistan in the past, this too has excluded an already discriminated and deprived PoK populace of the benefits, as the residents have received nothing but despair after standing in long queues for hours outside the designated banks.A local woman said, "Our house caught fire and everything got burnt. Even our daughter faced severe injuries. Today we have nothing with us, not even food and we are getting no help. Our daughter got treated in Rawalpindi but now we don't have money to continue with her treatment. We came to know that we will be ...

Wilson Witzel, the governor of the Brazilian state of Rio de Janeiro, has been tested positive for coronavirus."On Friday, I began feeling ill and asked for a coronavirus test. Today the result came and it turned out to be positive," Witzel said in a video message posted on his Twitter page on Tuesday evening.The governor said that he had several symptoms of the disease, including fever, sore throat, and fatigue, Sputnik reported."Right now, I feel better and I will continue to work while in self-isolation, following the recommendations of doctors," Witzel further said.Brazil has reported 24,000 cases of coronavirus since the outbreak of the disease.Several political figures, including presidential communications secretary Fabio Wajngarten, have tested positive for the disease during the ongoing outbreak.

Defying all orders from the state to refrain from religious congregations to curb the spread of COVID-19, prominent ulemas and religious scholars from across Pakistan on Tuesday stated that the five daily prayers and the Friday prayers would be held in mosques. They, however, mentioned that all precautionary measures advised by the government will be implemented.The statement from the ulemas, cited by Dawn, comes as the government announced it would continue the lockdown imposed in light of the coronavirus outbreak, easing restrictions for some industries which it said were 'low-risk'.Authorities in all provinces had officially restricted congregations in mosques, including for Friday prayers, to five people or less for the past two weeks. However, several instances of violation of government orders, and confrontation with police trying to enforce these orders, have been reported since then.Speaking at a press conference after the meeting between representatives from the ...

The US Department of Justice on Tuesday (local time) said it has repatriated approximately USD 300 million (RM 1.292 billion) to Malaysia in additional funds misappropriated from 1Malaysia Development Berhad (MDB), the Asian country's investment development fund.The government of former Prime Minister Najib Razak set up the 1MDB fund in 2009 to promote economic development in Malaysia through global partnerships and foreign direct investment.The Justice Department estimated that some USD 4.5 billion was siphoned out of Malaysia by high-level fund officials and their associates between 2009 and 2014 in a scandal that called for Razak's resignation -- including Mahathir Mohamad, one of the former's predecessors.The funds were laundered through financial institutions in several jurisdictions, including the United States, Switzerland, Singapore and Luxembourg."We are pleased to make this latest repatriation of an additional USD 300 million in stolen 1MDB funds," Assistant Attorney General

U.S. stocks eked out a second consecutive day of gains as investors weighed a cloudy picture of the economy against U.S. businesses starting to slowly reopen after a period of stultifying coronavirus lockdowns.

General fiscal deficit in FY19 expected to be 5.8 per cent of GDP, compared with 6.4 per cent the previous year

Receives bids for 92,03,980 lakh shares by 11:45 IST

When seasonally adjusted numbers continue to exhibit the influences of seasonal effects, much as first-quarter readings on gross domestic product have regularly been doing, statisticians refer to it as residual seasonality. And that effect hampers seasoned economists from making clear-eyed judgments on the strength of the economy.

Dear readers, The Numbers blog will no longer be updated as of July 2017. We will continue to look at the use of numbers in news, business and politics in our weekly column, and you can follow us on Twitter for the latest updates. Additionally, you can download the WSJ app for iOS or Android to follow Jo Craven McGinty and all […]

Mutual fund CEOs highlight the lack of level playing field vis-a-vis other asset classes while adding that technology will improve penetration and bring in efficiencies

The fund industry may have embraced machines and robots, but managing money still needs the human touch

The government of India (GoI) has announced the sale (re-issue) of three dated securities for Rs 19000 crore. These include 6.18% GS 2024 9,000, 7.57% GS 2033 4,000 and 7.16% GS 2050 6,000. GoI will have the option to retain additional subscription up to Rs 2,000 crore each against any one or more of the above security. The sale will be subject to the terms and conditions spelt out in this notification (called 'Specific Notification'). The auction will be price based (for all securities), using multiple price method. Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.

Heightened volatility in capital markets in reaction to COVID-19 has imposed liquidity strains on mutual funds (MFs), which have intensified in the wake of redemption pressures related to closure of some debt MFs and potential contagious effects therefrom. The stress is, however, confined to the high-risk debt MF segment at this stage; the larger industry remains liquid. The RBI has stated that it remains vigilant and will take whatever steps are necessary to mitigate the economic impact of COVID-19 and preserve financial stability. With a view to easing liquidity pressures on MFs, it has been decided to open a special liquidity facility for mutual funds of Rs 50,000 crore.

Reserve Bank will review the timeline and amount, depending upon market conditions

While reopening economic activities, we need to keep in mind that the industry cannot be opened in isolation, the whole ecosystem along with the related supply chains needs to be revived and restarted, said Suresh Prabhu, Hon'ble Member of Parliament. We should follow the Chinese model of revival through specific geographical openings for economic activities in areas which are marked green and keeping the hotspot districts completely locked, till there is full containment in those areas, said Hon'ble Member of Parliament. This is the time India needs to take advantage of the crises and convert it into an opportunity, we set our National goal of getting Foreign Direct Investments to India and each citizen and all arms of the government must work towards this common goal with complete alignment of reforms, said Prabhu. Businesses are the most important part of the economy, as they are significant contributors to economic growth and progress, he said.

In his opening remarks, the Governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period.

Mr Nitin Gadkari, Minister of Road Transport and Highways and MSME, Govt of India said that government is likely to announce a relief package for the MSME sector soon. He further said that all stakeholders must adopt an integrated approach to come over the crisis while ensuring the lives and livelihood of the people. Mr Gadkari also urged the industry to have a positive attitude during this time to tide over this crisis. "We will win the fight against corona along with the economic crisis and make India the superpower nation. Hum honge kamyab," said Mr Gadkari.

The country-wide lockdown imposed on 23rd March, while necessary, has had deep ramifications on economic activity. According to the CII CEOs Snap Poll on Impact of COVID-19 on Economy and Industry, while a majority of the firms continue to anticipate a significant decline in their topline, they now foresee a delay in economic revival and demand recovery. The survey saw the participation of more than 300 CEOs, of which nearly two-thirds belonged to MSMEs. The lockdown brought economic activity to a grinding halt and the survey findings indicate that a significant majority of the firms (65%) expect revenues to fall more than 40% in the current quarter (Apr-Jun 2020). For financial year 2020-21, the expectations of a fall in revenue are staggered, with 33% of the firms anticipating a revenue fall of more than 40%, closely followed by 32% of firms expecting a revenue contraction ranging between 20% to 40%.

The government of India (GoI) has announced the sale (issue /re-issue) of three dated securities for Rs 19000 crore. These include 5.09% GS 2022 3,000 May 08, 2020, New GS 2030 (maturing on May 11, 2030) 10,000 and 7.19% GS 2060 6,000. GoI will have the option to retain additional subscription up to Rs 2,000 crore each against any one or more of the above security. The sale will be subject to the terms and conditions spelt out in this notification (called 'Specific Notification'). The auction will be Yield based for New GS 2030 and price based for remaining securities using multiple price method. Up to 5% of the notified amount of the sale of the stocks will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.

Union Minister for MSME and Road Transport and Highways, Nitin Gadkari informed that a policy on imports substitution is being thought of in the wake of the new economic situation created by COVID-19 pandemic. He called upon various stake-holders to convert knowledge into wealth by improving quality through innovations and cutting down cost. He sited the example of a Nagpur based MSME Orange cluster taking up PPE making from scratch. These PPEs cost between Rs 550 to Rs 650 against the market price of about Rs 1200 for which country was heavily import dependent. The cluster is in a position to supply large quantity of PPEs.

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How advisers can keep heirs as clients. Plus, how you can teach clients to ignore the noise. And, a look at non-traded REITs. Dow Jones Wealth Adviser's Veronica Dagher reports.

Some women may avoid planning for retirement or handling the family's investments but now is the time to get engaged, says Susan Hirshman, president of SHE Ltd.

KareRing adheres to standards like data encryption. Advanced tracking technology increases accuracy by using other sensory data. The app leverages AI-powered global identity verification to authenticate users' identity before onboarding them and uses data analytics and intelligence techniques to visualize user data. An inbuilt, WHO-compliant bot is used for user self-health assessment. The app has also an added functionality for healthcare organizations to evaluate the efficacy of the vaccine under trial.

The company has now received demand notice for the further period i.e. 2013-14 from the Commercial Tax Department, Karnataka aggregating to Rs. 85.19 crores (including interest & penalty) by treating the stock transfers of its Mangalore Plant as interstate sales to dealers.

This is for the first time since MGR's death in 1987 that a party will return to power for a second straight term in Tamil Nadu

She is likely to be sworn in as chief minister for a second consecutive term on May 23

Officials said a better indicator of productive and general expenditure will be replacing the plan and non-plan distiction that has lost relevance post Planning Commission abolition

The government had in September scrapped the 92-year old practice of presenting a separate railway budget

Minister says UDAY scheme will itself help save Rs 1.8 lakh crore annually within next three years

Cadila Healthcare gains 0.11% to Rs 321.95 after the company said it received final approval from US drug regulator for Deferasirox tablets for oral suspension.

The Trump administration steps up assertions that the coronavirus originated at a lab in Wuhan, governments around the world start to allow businesses to reopen, millions of imported masks fall short of N95 standards. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Scott Keeler/Zuma Press

VST Industries said that the company has resumed its manufacturing operations with restricted capacity and manpower considering the permission granted by the State Government of Telangana.

Britain's minister for the environment, food and rural affairs says Prime Minister Boris Johnson won't be announcing immediate changes to the country's coronavirus lockdown when he addresses the nation on Sunday. George Eustice said the U.K. is not out of the woods and that there isn't going to be any dramatic overnight change to the lockdown. He said the government will be very, very cautious in loosening the restrictions. Johnson is expected to set out a roadmap of how the U.K. can start easing the lockdown in the future. Only minor changes, such as allowing individuals to sunbathe in parks and removing the limit on one daily outing for exercise, are anticipated. Eustice also revealed that another 626 people have died after testing positive for COVID-19 in all settings, including hospitals and care homes. That takes the U.K. total to 31,241, the second highest official death toll in the world behind the United States.

US President Donald Trump reached out to several world leaders, including those from Germany and Saudi Arabia, to discuss the coronavirus pandemic and the global economy on Friday, the White House said. Trump and King Salman bin Abdulaziz Al-Saud of Saudi Arabia discussed the latest positive developments in defeating the coronavirus pandemic and re-energising global economies, the White House said in a readout of the call. The two leaders agreed on the importance of stability in global energy markets and reaffirmed the strong United States-Saudi defence partnership, it said. Trump and King Salman also discussed other critical regional and bilateral issues and their cooperation as leaders of the G7 and G20, respectively, the readout of the call said. In a separate phone call with Chancellor Angela Merkel of Germany, the two leaders discussed positive developments in defeating the coronavirus pandemic, research efforts and reopening the American and German economies. "The President ...

Arguing that a one-time payment of USD 1,200 to most of the Americans during the coronavirus outbreak is not enough, three top Democratic senators introduced a legislation on Friday to provide a recurring USD-2,000 monthly check to those struggling to make ends meet during the COVID-19 pandemic. The Monthly Economic Crisis Support Act, introduced by former presidential candidate Senator Bernie Sanders, Indian-origin Senator Kamala Harris and Senator Ed Markey, proposes to provide a monthly USD-2,000 check to every individual with an income below USD 120,000 throughout and for three months following the coronavirus pandemic. According to the proposal, married couples who file jointly would receive USD 4,000; USD 2,000 per child up to three children and it would be implemented retroactively from March. The coronavirus pandemic has caused millions to struggle to pay the bills or feed their families, Harris said. The previous CARES Act, she argued, gave Americans an important one-time ...

/ -- In 2019, global PV inverter shipments increased by 18% on a YOY basis with total shipments reaching 126,735 MW according to the report released by Wood Mackenzie. Growatt shipped a total capacity of over 5GW for the year and ranked No.8 among the inverter suppliers. The company has been pursuing a global strategy of localization in recent years and has gained strong growth momentum across the world. "Over the years, we've established 13 offices and warehouses worldwide, and we've also built strong and experienced local teams in key markets," said Lisa Zhang, Growatt Marketing Director. "Besides our extensive service network, we've developed the X generation inverters, which feature high efficiency, safety, intelligence as well as elegant design. These advanced PV solutions have brought us additional advantages over other suppliers in the market." Growatt has been present in Europe for 10 years and its products are well received in the region for its high efficiency, superior ...