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The Dow Jones Industrial Average closed at a record high on Wall Street, even as losses for Big Tech companies pulled the S&P 500 and the Nasdaq composite lower

U.S. stocks rallied closer to their records after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy

Crypto All-Stars ($STARS) continues to hit big, having already raised over $770,000 in capital through fundraising efforts.

Nestle intends to keep its Health Science unit, Chairman Paul Bulcke said in a newspaper interview published on Sunday, after the food giant announced it was replacing its CEO Mark Schneider with company veteran Laurent Freixe. The health business is among the Nestle units which some analysts say could be sold over the medium turn. Asked by the NZZ am Sonntag newspaper whether Nestle would retain Nestle Health Science, Bulcke said: «Absolutely,» adding that the sector was «promising with benefits for society.»

As global temperatures rise and summer months bring record high temperatures, employers are exploring wearable technologies to keep workers safe

Horror comedy "Stree 2", starring Rajkummar Rao and Shraddha Kapoor, has earned over Rs 500 crore worldwide in gross box office collections, the makers announced on Sunday. Directed by Amar Kaushik and produced by Dinesh Vijan of Maddock Films, the Hindi film is the sequel to 2018's «Stree». The production banner shared the latest box office figures of «Stree 2» on its X page. "'Stree 2' shatters records with a LEGENDARY and HIGHEST ever 2nd Saturday in history. Thank you to everyone for your continued love and support. Book your tickets now," the post read.

Central Bureau of Investigation has received sanction to prosecute Bhola Yadav, former officer on special duty (OSD) to former railway minister Lalu Prasad, for his alleged role in the land-for-jobs case. An intimation to this effect was given by CBI to a local court last week. As per available information, the competent authorities of Central Railway and Western Central Railway zone have accorded sanction to prosecute Bhola Yadav in the alleged scandal. The two sanctions were placed on record by CBI last week. The court was also informed that the CBI's request seeking sanction for prosecution against Lalu Prasad and 31 other public servants is «under consideration» of the competent authorities.

Kerala Governor Arif Mohammed Khan on Sunday said that he would like to trust Chief Minister Pinarayi Vijayan when he said that if the victims of sexual abuses in the Malayalam film industry come forward then the process of law will be set in motion. The Governor was reacting to the questions related to the Hema Committee report that revealed sexual abuses in the Malayalam film industry. The Opposition in Kerala has asked for an investigation into the revelations in the report. «I think the chief minister on record said that if they come with specific complaints, the process will be set in motion. He has already said it. I am not saying anything because I do not deal with the subject,» Khan said.

NASA's announcement Saturday that it won't use a troubled Boeing capsule to return two stranded astronauts to Earth is a yet another setback for the struggling company, although the financial damage is likely to be less than the reputational harm. Once a symbol of American engineering and technological prowess, Boeing has seen its reputation battered since two 737 Max airliners crashed in 2018 and 2019, killing 346 people. The safety of its products came under renewed scrutiny after a panel blew out of a Max during a flight this January. And now NASA has decided that it is safer to keep the astronauts in space until February rather than risk using the Boeing Starliner capsule that delivered them to the international space station. The capsule has been plagued by problems with its propulsion system.

Volodymyr Zelenskyy's comments on India's crude oil trade with Russia may not have been in the right spirit, coming hours after his meeting with Prime Minister Narendra Modi in Kyiv during which New Delhi explained the market rationale for oil imports given its substantial requirements. Emphasising on India's «global influence», Zelenskyy suggested that India can help end Moscow's war in Ukraine by halting the oil trade that significantly funds the Russian military. «You can stop Vladimir Putin and halt his economy, and put him really in his place,» Zelenskyy told members of the Indian media on Friday night in Kyiv, referring to his meeting with Modi earlier in the day.

Paris will again be the centre of attention when the City of Lights hosts the 17 h Paralympic Games. India have sent 84 para-athletes, who will be aiming for the country’s highest-ever medal haul at the Paralympics. India won a solitary medal in London 2012, a number that went up to 4 in 2016 Rio and 19 in 2021 Tokyo. If the athletes perform to potential, it could cross 25 in Paris. For the record, India’s cumulative medals tally between 1968, when it first participated at the Paralympics, and 2016, was 12. But then numbers don’t tell half the story. In Rio, for example, India had sent just 19 athletes. In Tokyo, the number swelled to 54. In Paris, India is sending its largest ever Paralympics contingent.

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₹25 crore fine on industrialist Anil Ambani, accusing him of orchestrating a fraudulent scheme to siphon off funds from Reliance Home Finance Ltd (RHFL). The action marks a significant escalation in Sebi's efforts to hold corporate leaders accountable for financial misconduct, as it has also banned Ambani and 24 others, including top executives from RHFL, from participating in the securities market for five years.

Consumers may face disruptions in getting service and transactional messages from banks, financial institutions and ecommerce firms on their mobile phones from next month following a telecom regulator move aimed at curbing spam, specifically phishing attempts. The Telecom Regulatory Authority of India (Trai) has asked telcos to stop transmitting messages containing URLs, OTT links, APKs (Android application packages) or call-back numbers that are not whitelisted--or registered with telcos--by senders from September 1. The regulator's ultimatum means banks, financial institutions and online platforms must get their templates and content registered with operators by the August 31 deadline, failing which messages containing these elements will be blocked.

urban consumption, softer manufacturing sector growth and moderate government expenditure amid elections may have dragged down growth in the first quarter of FY25. India's economy likely grew by a median 6.85% in the April-June period from a year earlier, according to an ET poll of 14 economists, slipping from 7.8% in the last quarter of FY24 and 8.2% in the year before. The growth estimates ranged from 6% to 7.5%. The median figure is lower than the RBI forecast of 7.1% for the quarter. «Slowing of manufacturing activity and lower government expenditure during the election period likely contributed to the slowdown in output growth in the quarter,» said Shreya Sodhani, regional economist, Barclays, pencilling in 7.1% gross domestic product (GDP) growth in the June quarter. The government will release June quarter growth data on August 30. The general elections held in the April-June period impacted government spending.

Olympic champion Emmanuel Wanyonyi of Kenya inched ever so close to the men's 800 metres world record on Thursday, missing the global mark by two tenths of a second in winning the Lausanne Diamond League with the second fastest time in history. Wanyonyi, who turned 20 during the Paris Olympics, clocked one minute 41.11 seconds to narrowly miss the world mark of 1:40.91 set by Kenya's David Rudisha at the 2012 London Olympics. The young Kenyan ferociously chased the green lights in the inner lane that keep pace with the world record in ideal 25 C conditions, just missing Rudisha's record but matching Wilson Kipketer's 1997 time as second fastest ever run.

US stock market indexes S&P 500, Dow Jones Industrial Average, and Nasdaq composite on Friday traded at record heights at Wall Street after the head of the Federal Reserve hinted at interest cuts. The S&P 500 rose 1.1 per cent, the Dow Jones Industrial Average rose 462 points, or 1.1 per cent, to close above the 41,000 level for the first time since it set its own record in July, while the Nasdaq composite jumped 1.5 per cent. The S&P 500 rose 63.97 points to 5,634.61. The Dow jumped 462.30 to 41,175.08, and the Nasdaq composite gained 258.44 to 17,877.79. The index pulled within 0.6 per cent of its all-time high set last month and has clawed back virtually all of its losses from a brief but scary summertime swoon.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

RBC Wealth Management is not letting moss grow under its feet in the Western US as it adds another experienced advisor from Merrill to its network.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...