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Dow Jones rose to a record high but S&P 500 and Nasdaq Composite were flat as US stock market indexes had a mixed showing at Wall Street. The Dow Jones Industrial Average closed at its highest level ever, while S&P 500 index was just below its July record high close as expectations for a September interest rate cut remained robust. S&P 500 gained 0.37 points, or 0.01 per cent, to end at 5,592.55 points, while the Nasdaq Composite lost 37.51 points, or 0.21 per cent, to 17,518.51. The Dow Jones Industrial Average rose 247.74 points, or 0.60 per cent, to 41,336.56. The movements came on the back of data indicating the US economy grew at an annual rate of 3.0 percent in the April to June period — revised upwards from 2.8 percent. The U.S. economy grew faster than initial estimates due to strong consumer spending, the Commerce Department reported, supporting expectations the US is likely to avoid a recession.

Penny Lancaster. Stewart met Lancaster in 1999 and they got married in 2007. 79-year-old Stewart shared two sons — Alastair and Aiden — with 53-year-old wife Lancaster. «We wanted to put the record straight. There is absolutely no rift between Penny and I and no disagreement over where we should reside, in fact it’s the opposite,» Stewart wrote on Instagram. «We moved permanently back to our beloved Britain a year ago but are fortunate to also have homes in different countries, which we love to visit. Originally, we did think it made sense to sell our house in L.A., but having spent a wonderful time there this summer with family and friends during my Vegas residency, we realized that it makes sense to keep our house there,» veteran British rock and pop singer's statement reads.

Records show that a Boar's Head deli meat plant in Virginia tied to a deadly food poisoning outbreak repeatedly violated federal regulations

para-archery event was sold out. And one of the reasons for it becoming such a huge draw for the spectators was India’s Sheetal Devi. “She is just 17 and is ranked No. 1 in her category. How she releases the arrows with her jaw is just incredible. She is a global story of inspiration,” said one of the members of the International Paralympic Committee (IPC). A couple of days ago, the BBC did a detailed feature on Sheetal. The local press was curious to know more about her in the mixed zone.

Ministry of Communications has said that any order for temporary suspension of telecom services should clearly state the reasons and define the geographical area where it will be implemented and the duration should not exceed 15 days. Under the draft rules for temporary suspension of telecommunications services under the Telecommunications Act 2023 notified late Thursday, the order will only address the specific reason for which it has been issued. Additionally, a copy of the suspension order should be forwarded to the concerned review committee within a period of 24 hours from the issuance of such order.

 'Barron's Roundtable' discusses reports that Gen Z members are aggressive about wanting to retire.

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

FIR against artist Jaydeep Apte in connection with the collapse of a Chhatrapati Shivaji Maharaj statue, on Thursday recorded statements of his wife and son, an official said. Apte resided in Kalyan town of Thane district with his family members, but they vacated their residence due to safety concerns following the collapse of the statue installed at Rajkot Fort in Malvan taluka of Sindhudurg district, around 480km from Mumbai, on August 26.

aviation regulator, DGCA, has issued a show-cause notice to Akasa Air for breaking several rules. After inspecting the airline's training records, the DGCA found that pilots were trained without the necessary approvals. The DGCA issued the notice after a surprise check revealed that practical training sessions were completed and simulated without the required regulatory permits. According to DGCA officials, “The Directorate General of Civil Aviation (DGCA) has issued a show-cause notice to Akasa Airlines concerning several regulatory breaches identified during a recent review. The violations pertain to non-compliance with Civil Aviation Requirements (CAR) 7/I/VII, CAR 7/I/I, and Rule 140C of The Aircraft Rules 1937.”

Mukesh Ambani-led Reliance Industries held its 47th Annual General Meeting (AGM) today. The company leaders made several big announcements at this event including the new Jio Phonecall AI. Powered by artificial intelligence, new Jio Phonecall AI offers a suite of features designed to enhance phone calls. It comes with a range of benefits, from automatic recording and transcription to real-time translation and secure storage.

Prosecutors in Thailand has indicted a former national police chief in connection with an alleged cover-up of a 2012 traffic accident involving the Thai heir to the Red Bull energy drink fortune that killed a police officer

Markets regulator Sebi on Thursday proposed to make it mandatory for all entities regulated by it to maintain communication records, including acknowledgements, for at least eight years. The move is aimed at improving regulatory compliance, increase transparency, protect investors' interest and boost their confidence in the securities market. In its consultation paper, the regulator suggested that all entities regulated by it should maintain records of all required communications, including acknowledgements, for at least eight years as per their governing regulations.

Jio Phonecall AI, a pioneering service that integrates AI into everyday phone calls. This feature enables users to record, store, transcribe, summarize, and translate calls automatically, simplifying communication and enhancing productivity.The company also expanded on its AI ambitions with the introduction of Jio Brain.

Nifty hit a fresh record high. The pessimism in the SME market comes after Sebi issued a warning to investors against blindly investing in SME stocks, where promoters of some companies paint an unrealistic picture of their operations.

Hurun India Rich List, surpassing Bengaluru for the first time to secure the third position in terms of the number of wealthy residents. The city added 17 new entrants this year, reflecting its growing prominence in India's wealth landscape.

measures a funds risk adjusted returns and shows how much risk a fund manager takes to deliver a return. A higher sharpe ratio means a fund manager is able to deliver better risk-adjust return. But compare these ratios with other funds in the same category to ensure the comparison is like-to-like.

billionaire every five days in the last one year and took the total count of US dollar billionaires to cross the triple-century mark for the first time. The 2024 Hurun India Rich List shows that India now has 334 billionaires by adding 75 compared to the last year.

Mumbai has become the 'billionaire capital' of Asia as it now comprises of more billionaire individuals than China's cpital city of Beijing, according to the Hurun India rich list 2024. «Home to 25% of the list – Mumbai is not only the billionaire capital of Asia, overtaking Beijing but also the preferred city for Hurun India Rich Listers, followed by New Delhi and Hyderabad,» the Hurun list data stated. Beyond this, Mumbai also registered a net increase of 58 billionaire individuals, adding to its growth momentum, the Hurun data revealed. This was followed by New Delhi, which added 18 new billionaires.

2024 Paralympics, with multiple events scheduled across various sports on the first day. The day kicks off with para badminton, where Palak Kohli and Suhas Yathiraj will face off against Nitesh Kumar and Thulasamithi Murugesan in the mixed doubles category at 12:00 PM IST. Following this, Sivarajan Solaimalai and Nithya Sre Sivan will take the court at 12:40 PM IST. As the afternoon unfolds, attention will shift to the Women's Singles events. Manasi Joshi, competing in the SL3 category, and Mandeep Kaur in the general Women's Singles, both have matches scheduled for 2:00 PM IST.

With fewer Canadians working from home full-time, the “era of shorter commuting times has come to an end,” according to Statistics Canada.

MUMBAI: Capitalmind, a PMS (portfolio management services) provider, became the latest entity to receive the Securities and Exchange Board of India's (Sebi's) in-principle approval to launch a fund house. Once launched, it will be India's 45th fund house.