Beyond Financial News

united opposition, INDIA, had marched out of the Rajya Sabha on Monday and have been sitting near the Gandhi statue in the Parliament complex overnight. The opposition's goal for the monsoon session is to keep focus on the Manipur issue. The move came after AAP MP Sanjay Singh was suspended for the rest of the session and they decided to hold a relay protest throughout the night till 10.45 am on Tuesday morning.

PwC has complied with an order to provide additional training to more than 1300 mostly tax-related partners and staff on their professional behaviour, including the need to act with honesty, integrity and to keep client information confidential.

Dow Jones Industrial Average led Wall Street higher on Monday and notched its longest winning streak in six years as investors bet on sectors beyond technology in a week filled with earnings reports and a Federal Reserve meeting. «What you're seeing now is people broadening the breadth of the market,» said Randy Frederick, managing director of trading and derivatives at the Schwab Center for Financial Research. «People are starting to maybe take some profits (in tech) and invest in other parts of the markets that they might see a little bit better bargain.» Investors are awaiting Microsoft, Google-owner Alphabet and Meta Platforms earnings this week, which will show whether their stocks justify sky-high valuations.

Morgan Stanley chief James Gorman has been tapping his Australian roots to access one of the world’s fastest-growing corners of global capital.

NEW YORK (Reuters) — Asset manager Rithm Capital has agreed to acquire hedge fund firm Sculptor Capital Management (NYSE:SCU) for $639 million, the companies said in a statement on Monday.

Bandhan Financial Holdings (BFHL) has entered into an agreement to acquire the entire stake of Aegon and Bennett, Coleman & Co. Ltd (BCCL) in Aegon Life Insurance. The insurance buyout will allow Kolkata-based Bandhan, which began as a microfinance company, to expand its remit beyond banking and asset management.

Tata Motors is working on a master app that will provide information on the location and availability of electric vehicle (EV) charging stations to its customers, in a bid to accelerate EV adoption and ease the range anxiety of users. The company that dominates the local market for electric vehicles – it had a 71% share in the April-June quarter – is likely to launch the app this fiscal year. With a sizeable customer base in place, the company has begun collating information and is doubling down on its efforts to secure visibility on the charging ecosystem for EV owners, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility managing director Shailesh Chandra told ET.

Trevor Francis, has sadly passed away at the age of 69. Known for his prolific career with clubs like Birmingham City, Nottingham Forest, and Sheffield Wednesday, Francis was a true football icon.

India’s adoption of radio frequency ID tags for auto-deduct payments of highway tolls, made a must in early 2021 by the government under its FASTag system, eased traffic bottlenecks at toll plazas across the country. Checkpoint scanners now read stickers on windshields, charge vehicles the listed rate, and lift boom barriers, allowing faster passage than the manual process did. Given the density of our traffic, toll snarls still persist on busy routes, but the wait would have been worse without this automation.

By Tim Hepher

Elon Musk founded Space X's Falcon 9 rocket has punched a hole in the Ionosphere, a part of the 10,000 kilometres Atmosphere. One Falcon 9 Rocket launched 22 Starlink satellites to orbit 23 July, Sunday, and landed the returning rocket on a ship at sea, according to reports.  Elon Musk founded Space X's Falcon 9 Rocket is a reusable, two-stage rocket for ‘reliable and safe transport’ of people and payloads into Earth orbit and beyond,  as explained in the company website. The Falcon 9 rocket has conducted 240 launches and 198 landings.

Kuki Zo women being paraded naked by a mob of Meitei men went viral earlier last week.  While the incident shook the nation, several has been accusing Bhartiya Janata Party (BJP) leader and Manipur Chief Minister N Biren Singh of delaying action. Opposition has been demanding the resignation of the CM, and a debate in the Parliament involving Prime Minister Narendra Modi, who only broke his silence on the matter after the viral video angered Indians.  In an opinion article in India Today, Manipur BJP MLA has said that the violence in Manipur as a result of "complicity of the state".

Working Group commenced here on Monday with Principal Secretary to Prime Minister, P K Mishra emphasising the importance of structured mechanism to finance disaster risk reduction. Over the last few years, India has completely transformed the way disaster risk reduction is financed, he said.

International Self Care Day. This special date, represented as 7/24, serves as a reminder that self-care is not confined to a specific time; rather, it should be practiced 24 hours a day, seven days a week. The day is dedicated to emphasizing the importance of self-love and taking care of both our bodies and minds.

Tequila enthusiasts worldwide eagerly await the arrival of July 24, National Tequila Day, to revel in the rich heritage and craftsmanship behind this beloved beverage. Tequila's deep-rooted connection to Mexican culture is undeniable.

₹1.3 lakh which can be retained by them for personal use after four years, according to the Expenditure Department of the Finance Ministry.  In an office memorandum, the department listed out proper guidelines for the issuance of mobile, laptop, tablet, phablets, notebooks, notepads, ultra-book, netbooks, or devices of similar categories to eligible officers for official work, PTI reported.  All central government officers of the rank of deputy secretary and above will be entitled to such electronic devices, the Expenditure Department guidelines read.  In the case of Section Officers and Under Secretaries, 50 percent of the sanctioned strength can be issued such devices, it added.  The office memorandum, regarding the cost of the devices, said it could be ₹1 lakh plus taxes. However, for devices with a Make-in-India component of more than 40 percent, the price ceiling will be ₹1.30 lakh plus taxes.

US stocks are approaching a record high and the outlook for Corporate America is only expected to brighten. Now investors are waiting to see if the Federal Reserve derails the market's bull run. Amid signs that inflation pressures are finally ebbing, setting up what has historically been a bullish stretch, the S&P 500 Index is a mere 5.4% below its all-time peak.

ROME (Reuters) — Italy's Prime Minister Giorgia Meloni, who will visit the White House on Thursday, said that U.S. President Joe Biden had never challenged her on the issue of Rome being part of the Chinese Belt and Road Initiative (BRI).

NEW DELHI : Retail milk prices that have shot up nearly 22% in three years, including about 10% in the last one year, are expected to increase further in the coming three-four months as feed and fodder prices are on the rise amid the monsoon deluge. The prices of de-oiled rice bran (DORB), a key ingredient in cattle, poultry, and fish feed, have increased sharply to ₹18,000-18,500 a tonne from ₹15,000 per tonne in the last few weeks. Maize, a major feed grain and a standard component of livestock diets, is being sold at ₹24,500 a tonne in Tamil Nadu’s Erode, a 20% increase in one month, people in the know in the spot trade said.

British government officials describe the Tata Group’s decision to build an electric-car battery factory in the UK as a “major vote of confidence" and a huge boost for the country’s auto industry, saying it will create thousands of jobs and help drive economic growth. For once, the hype may be partly justified. The significance of the £4 billion ($5.2 billion) project by the Indian conglomerate that owns Tata Motors should not be underestimated, though it is more of a lifeline for domestic carmakers in the UK rather than their crowning glory.

₹60 trillion every year. Of this, around 50% of household savings is invested in real estate and about 15% each in bank fixed deposits (FDs) and gold. Many investors prefer the safety and comfort of physical gold even though there are alternatives to this asset class in the form of gold funds and sovereign gold bonds.