Beyond Financial News

Republican senators blasted a range of SEC rule proposals Tuesday — from mutual fund reform to a measure targeting advisor and broker conflicts when using artificial intelligence — while the agency’s leader assured them he is listening to critics.

Qantas has lost its battle to overturn a Federal Court ruling that it illegally sacked nearly 1700 workers during the pandemic, with the full bench of the High Court dismissing its appeal.

Mid-cap and small-cap shares crumbled on Tuesday, leading the sell-off in the stock market, as worries about these segments being overheated after the recent record-breaking rally prompted investors and traders to dump them. The Nifty Midcap 150 index dropped 3% and Nifty Small-cap 250 fell 3.9%, Nifty Microcap 250 declined 5.2% on Tuesday — their biggest single-day declines since December 23, 2022. NSE's Nifty ended 3.15 points lower at 19,993.2 after hitting an all-time high of 20,110.3 earlier in the day. BSE's Sensex gained 94 points or 0.14% to close at 67,221.1 — a new record closing.

The United States exported more liquefied natural gas (LNG) than any other country in the first half of 2023 (1H23), according to data from CEDIGAZ, amid strong global demand particularly from Europe.

Wealthtender, an independent find-an-advisor website and SEC-compliant online review platform, has announced its acquisition of AGC, an online community for financial advisors. The acquisition will be completed around Oct. 1 and will provide over 450 financial advisors with digital marketing tools and access to a community of peers.

Apple is expected to respond within two weeks", he said to Reuters. "If they fail to do so, I am prepared to order a recall of all iPhones 12 in circulation. The rule is the same for everyone, including the digital giants," the minister added.

HCL Technologies is seeing a steady rise in enterprise demand for generative AI (artificial intelligence), as well as cloud deployment and expansion of 5G. In an interview, Kalyan Kumar, global chief technology officer and head of ecosystems at the software services provider, underlined how businesses are finding early use cases for generative AI, what the metaverse hype cycle has transformed into, and why consumer technology markets are ahead of the enterprise tech adoption curve. Edited excerpts: The evolution of cloud deployment models continues to happen.

Gracy Chen, Managing Director at crypto exchange Bitget, has indicated that crypto know-your-customer (KYC) measures are expected to become increasingly stringent in the near future.

By Marianna Parraga

NASA has unveiled tentative evidence of life on a distant planet, as they report the potential presence of an oceanic body. Scientists have astounded the world with their groundbreaking revelation of an expansive water ocean on an enormous exoplanet situated many light years away from our home planet.

The laws do not bestow on shareholders of a company an inherent right to participate in its management; it is the board with which governance and oversight of management is entrusted. Shareholders, especially public shareholders, inevitably have to depend on the disclosures made by entities to the bourses.

“(Market) Predictions Are Difficult…Especially When They Are About The Future” –  Niels Bohr

China’s sluggish economy is driving cash-strapped local governments to seek unconventional sources of revenue. Their law enforcers have emerged as some of their biggest earners.

₹2.5 Lakh as several thousand crores of fund is allotted to the organisation and he can manage crores from that. The business tycoon said that “It is unfortunate when an able and honest chairman of ISRO who has brought so much prestige to the nation, is attacked without any substance.

India vs Sri Lanka, Asia Cup 2023: The day has been terrible for the fans of Indian cricket as Sri Lankan bowlers destroyed mighty Indian batters one by one. Two Sri Lankan Spinners Dunith Wellalage and Charith Asalanka wreaked havoc inside the Indian camp and the Indian batting order collapsed like a pack of cards. The match was interrupted by the rains which rejoiced Team India fans as they are now praying for a washout.

India vs Sri Lanka, Asia Cup 2023: India is in trouble against Sri Lanka at the R. Premadasa Stadium in Colombo. The middle and lower order batsman couldn't capitalize on the strong start provided by the openers Rohit Sharma and Shubman Gill.

Chevron and the Offshore Alliance of trade unions have been sent back to mediation ahead of a full bench hearing of the Fair Work Commission set for September 22 in a last-ditch effort to resolve the protracted industrial dispute that is threatening Australia’s LNG exports.

Investing.com — Here is your Pro Recap of the biggest analyst picks you may have missed since Friday: upgrades at CVS Health, Brown Forman, Geron, and a buy initiation for Block.

President Joe Biden has wrapped up a five-day diplomatic sprint through Vietnam and India that put a spotlight on complicated relationships he believes will be crucial for global stability

Bharti Airtel's contingent liabilities stemming from demands raised by the Department of Telecommunications (DoT) has more than doubled between FY18 and FY23, and the biggest component is one-time spectrum charge (OTSC) dues. “Airtel’s contingent liabilities pertaining to DoT claims have seen a sharp jump year-on-year, from Rs 4,100 crore in FY18 to Rs 11,500 crore in FY23, (and) the largest component within this is OTSC,” IIFL Securities said, analysing company data. A contingent liability is, typically, disclosed where there is a possible obligation or a present obligation that may require an outflow of resources. It is seen as a potential loss that may occur depending on the outcome of a specific event. As per an Airtel filing to BSE last month, the telco’s OTSC dues to DoT are estimated at a whopping Rs 15,178 crore.

KL Rahul, despite India's record-breaking ODI victory of 228 runs against Pakistan. Ultimately, the official decision favored Kohli, who received the Player of the Match award for his unbeaten 122-run performance. Naturally, Gambhir's remarks gained significant attention during the post-match presentation.