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Persistent Systems fell 7% in Friday’s early trade to the day’s low of Rs 4539.95 after the company reported a 2.8% quarter-on-quarter (QoQ) decline in its profit after tax (PAT) to Rs 315.32 crore for the quarter ended June 30 2024. However, on a year-on-year (YoY) basis, PAT rose 34% against Rs 228.77 crore in the first quarter of FY24.

Gold August futures opened lower by 0.72%, or Rs 534, at Rs 73,621 per 10 grams on Friday, while silver September futures contracts opened down by nearly 1%, or Rs 90,953 per kilogram. The yellow metal has traded flat, gaining only Rs 340 per 10 grams in the last week, while silver has dipped by Rs 2,100 per kilogram in the same period.

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US President Joe Biden is still expected to meet with Israeli Prime Minister Benjamin Netanyahu when he visits Washington next week but it will depend on his recovery from Covid, the White House said Thursday. «We have every expectation that the two leaders will have a chance to see each other while Prime Minister Netanyahu is in town,» National Security Council spokesman John Kirby told reporters in a briefing. Netanyahu is set to address the US Congress on Wednesday and Israeli media had reported a meeting with Biden on Monday, but Kirby said, «I can't tell you at this point what that exactly is going to look like.»

US President Joe Biden is expected to make a major announcement on his re-election bid, with several senior Democratic leaders suggesting that he leave the race following his disastrous debate performance, a failed assassination attempt on his rival Donald Trump, his poor health, and falling poll numbers, according to media reports. «Several people close to President Biden said on Thursday that they believe he has begun to accept the idea that he may not be able to win in November and may have to drop out of the race, bowing to the growing demands of many anxious members of his party,» The New York Times reported. Biden, 81, is spending time at his Delaware residence in isolation after he was tested positive for COVID-19. Media reports said that top leaders of the Democratic party, including former president Barack Obama, former House Speaker Nancy Pelosi, and Senate Majority Leader Chuck Schumer, have asked him to leave the presidential race, in the absence of which the party risks losing the White House, the Senate and the House of Representatives. «People close to top Democrats said Thursday that it now appeared it was a matter of when-not if-Biden bows out of the presidential race. In the past day or so, former President Barack Obama has told friends who have called him that Biden's path to victory is narrow, according to people familiar with the calls,» The NYT report said.

Unless US President Joe Biden lets another Democrat contest this year’s election, Republican candidate Donald Trump seems all but sure to win the White House. It’s not just opinion polls. Consider the contrast in optics: A visibly ageing Biden who looked stumped at a key debate versus a fist-pumping Trump who arose unshaken from the snick of an assassin’s bullet.

Air India plane flying from Delhi to San Francisco made a precautionary landing in the Russian region of Siberia after crew detected a potential issue in the cargo hold area, the Indian airline said on Friday. It was the second time in a little over a year that an Air India flight on the same route had made an unscheduled landing in Russia. Many carriers, including U.S. and European Union airlines, do not fly over Russian airspace following the war in Ukraine, but Air India does, giving it a flying time and cost advantage on U.S. routes.

Joe Biden's son Hunter asked federal judges on Thursday to toss out gun and tax cases filed against him, citing a legal argument made by Donald Trump. Hunter Biden, 54, was convicted in Delaware in June on federal gun charges in a historic first criminal prosecution of the child of a sitting US president. He also faces tax evasion charges in California and is scheduled to go on trial in September.

Gold prices slipped on Friday, but were on track for a fourth straight weekly gain as expectations that the Federal Reserve was likely to cut U.S. interest rates in September lifted appeal for non-yielding bullion. FUNDAMENTALS

₹7000-10,000. Local jams and a handful of pan-India events, by private organisers, keep the breakers going but they still don’t have enough avenues to test and tweak, learn and grow. Unlike other performance sports like gymnastics at the Olympics, where participants can practice and perfect their routines, a breaker has to improvise and jam in sync with the beats provided by the DJ.

economic weakness overwhelmed the market’s optimism surrounding interest-rate cuts. Shares in Japan, South Korea and Australia dropped. The S&P 500 fell 0.8% Thursday, extending a drop from the prior session and placing the benchmark on track for its largest weekly decline since April.

Tata Communications’ overseas revenues have continued to outgrow its India revenues for three consecutive quarters and hold a 58:42 ratio as of end-June 24, chief executive AS Lakshminarayanan told ET. “In the US and European markets, we are a challenger, so there is a much bigger white space for us to chase and that's why two years ago we started making all these investments in sales and marketing and our products. All of that has started to pay dividends, and we are happy to see the results,” the executive said in a virtual conversation after the company declared its first quarter FY25 earnings.

Donald Trump's running mate, has undergone name change. JD Vance was born as James Donald Bowman in Ohio's Middletown. However, after the parents' divorce, Bowman's middle name had to be changed. During his military service days, JD Vance was known as James Hamel, as per a report on USA Today. In 2014, JD Vance took maternal grandparents' surname after getting married to Usha, the USA Today reported.

Team USA, brawns and brains will come together this year at the Paris Olympics, as the country's contingent boasts of rocket scientists, engineers, dieticians, which is rather uncommon when it comes to the teams being sent from other countries. The United States boasts of a holistic and overall development of its students, as well as its sportsmen, and this time, at the Paris Olympics 2024, this will be vividly visible.

Joe Biden to end his presidential bid. Former President Barack Obama, Senate Majority leader Chunk Schumer and former House Speaker Nancy Pelosi are working behind the scenes to convince Biden to end his electoral campaign. It has now emerged that over the weekend, while Schumer made a concerted effort to convince Biden, Nancy Pelosi too had presented her case, asking him to step aside. As a senior member of the party, she is concerned about the future of the party if Biden were to lose the election in November.

Joe Biden has been detected with COVID-19 on Wednesday. It has been reported that he has returned to Delaware by cutting short his campaign in Las Vegas. The president had earlier hinted that there is only reason that will convince him to end his presidential campaign. In an interview, Biden had said that only if a doctor were to certify that he was suffering from a medical condition, would he end his campaign. As per fresh news reports, it has now emerged that Biden is more receptive to the idea of him making way for other candidates. Earlier, he had dismissed opposition to his candidature following the disastrous performance in the first presidential debate. This has been reported by CNN.

Mata Hari of her kind, but different in many other ways too. Sue Mi Terry, a native of Seoul South Korea, who now lives in Manhattan, used her position as a respected foreign policy expert and extracted or stole vital information. She spent more than a decade working as a secret South Korean agent and stole many information on many projects. But contrary to Mata Hari, the German spy during World War I, Sue Mi Terry, received luxury handbags, designer duds and meals at Michelin-starred restaurants.

US Presidential Election 2024 is all set to commence in November, the time lines are now getting tight. There are many constitutional laws, procedures and the rules governing each party that determine the outcomes of events related to the death of candidates contesting the presidential and vice-presidential elections. The Democrats and the Republicans are all set to contesting the upcoming Presidential Election in 2024. While Donald Trump has been nominated as the official presidential nominee of the Republicans, it is still not clear who will be nominated by the Democrats. Let us look at some of the scenarios.

Leaders from across Europe are gathering at an English country mansion for a summit of the European Political Community

Crypto industry, particularly after the long-anticipated fourth halving in April, had a roller-coaster ride in Q2 2024. Total crypto market cap dropped 14.4%, the largest cryptocurrency Bitcoin fell 11.9% and BTC mining hash rate saw a steep decline of 18.8%. However, according to CoinGecko’s 2024 Q2 Crypto Industry Report, these dull moments “doesn’t mean it wasn’t an eventful quarter.”

William J. Stellmach, former head of the US Department of Justice's Fraud Section who now works at New York-headquartered law firm Willkie Farr & Gallagher LLP. He is a partner at the firm's Washington office and leads its global investigations practice, often advising and defending companies featured in short seller reports.