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Mamdani picks experienced team to guide NYC transition

Financial Express Kolkata

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November 07, 2025

ZOHRAN MAMDANI, THE mayor-elect of New York City, moved quickly on Wednesday to try to reassure New Yorkers that he was prepared to lead, rolling out a team of City Hall veterans that he said would guide his transition into office.

- EMMA G. FITZSIMMONS & NICHOLAS FANDOS

Mamdani, 34,has laid out an agenda that would be ambitious for any mayor to deliver, including promises to make buses free, expand government-funded child care and jump-start housing development.

But as the youngest person to win the office in more than a century and a democratic socialist, Mamdani is certain to face even more intense scrutiny than his predecessors as he picks the team that will help run a city with a $115 billion budget and 300,000 municipal employees.

Mamdani tapped four women as co-chairs of his transition, three of whom have worked for his predecessors. The choices signaled that he was interested in a broad range of experience in New York and Washington.

Financial Express Kolkata'den DAHA FAZLA HİKAYE

Financial Express Kolkata

Chomsky, Gates appear in new Epstein estate photos

CONGRESSIONAL DEMOCRATS RELEASED dozens of new images from the estate of the late convicted sex offender Jeffrey Epstein on Thursday, a day before the US Justice Department is required by law to release unclassified ?files from its investigation of the disgraced financier.

time to read

1 min

December 20, 2025

Financial Express Kolkata

Europe agrees to lend 90 bn euros to Ukraine

UKRAINE THANKED THE EU for deciding to provide it with 90 billion euros ($105.46 billion) of support over the next two years-even if the bloc failed to agree on an ambitious plan to finance it using frozen Russian assets.

time to read

1 min

December 20, 2025

Financial Express Kolkata

Funds grapple with paucity of accredited investors

Sebi panel aims to ease investor accreditation process

time to read

2 mins

December 20, 2025

Financial Express Kolkata

Australia plans gun buyback after Bondi massacre

AUSTRALIA WILL LAUNCH a national gun buyback scheme following the mass shooting in Sydney, Prime Minister Anthony Albanese said on Friday, as hundreds of surfers and swimmers paddled out at Bondi Beach to honour victims.

time to read

1 min

December 20, 2025

Financial Express Kolkata

Coca-Cola India profit up 46.3% to ₹615 crore

Revenue rises 7% in FY25

time to read

1 min

December 20, 2025

Financial Express Kolkata

'Expect a couple more REITs to come in by 2026'

While residential markets faced headwinds this year, the office sector recorded 60 million square feet of gross leasing between January and September 2025, the highest for the first nine months of any year.

time to read

2 mins

December 20, 2025

Financial Express Kolkata

Ola Electric shares up 10% on stake sale

Shares surge following one-time monetisation

time to read

1 mins

December 20, 2025

Financial Express Kolkata

China takes India to WTO over tariffs, subsidies

CHINA ON FRIDAY filed a petition with the World Trade Organization (WTO), requesting consultations with India over New Delhi’s tariffs on information and communication technology (ICT) products and solar sector subsidies.

time to read

1 min

December 20, 2025

Financial Express Kolkata

File revised returns if AIS is showing additional income

YOUR QUERIES: INCOME TAX

time to read

2 mins

December 20, 2025

Financial Express Kolkata

Yen weakens across board after BOJ delivers rate hike

CENTRAL BANK SAYS IT WILL KEEP RAISING RATES IF FORECASTS MATERIALISE

time to read

1 min

December 20, 2025

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