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RBC Wealth Management has bolstered its operations in Ohio as it welcomes a multi-generational planning team from Morgan Stanley.

TD Bank Group reported a loss of $181 million in its latest quarter as it was hit by a charge related to ongoing U.S. investigations into its anti-money laundering program.

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...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

«There are forces determined to disrupt the election process, but we are fully prepared, and the ballot is the answer to such forces,» said Chief Election Commissioner Rajiv Kumar after briefing election observers for Jammu and Kashmir and Haryana. Speaking to ANI, Kumar stated, «We briefed election observers today. General, Police, and Expenditure Observers from several states attended the briefing. Observers were instructed to be available to political parties and candidates to address any grievances and ensure adherence to election rules.»

Rakesh Jhunjhunwala to launch a new airline. Jhunjhunwala made a risky bet and invested $35 million for a nearly 40 per cent stake in the airline under his wife’s name. Later, Jhunjhunwala is said to have increased stake with his family now holding around 46 per cent. Many called Jhunjhunwala the Warren Buffett of India for his legendary success in equity markets. If Jhunjhunwala had heeded to an observation once made by Buffett, he wouldn't have put his money into an airline, especially in a new airline in India which is known as the graveyard of airlines for so many of them going bust in initial years. “The worst sort of business is one that grows rapidly, requires significant capital to engender growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers," Buffett had said in a letter to the shareholders of his company. The risky bet of Jhunjhunwala, who died soon after the launch of the airline in August 2022, has now grown nearly fourfold in value, if a funding proposal is considered which values Akasa at over $350 million, more than four times the valuation at which the initial investment was made by the family of late Jhunjhunwala. ET has reported based on information from sources that a consortium of Premji Invest and Claypond Capital, the family offices of Wipro’s Azim Premji and the Manipal Group’s Ranjan Pai, respectively, are in talks to invest about $125 million for a significant minority stake in Akasa.

Assam cabinet approved the Assam Compulsory Registration of Muslim Marriage and Divorce Bill, 2024, mandating Muslims to register marriages and divorces with the government. This will eliminate the role of “qazis” in this process, and aims to curb child marriages. The proposed law will be presented in the legislative assembly during the autumn session beginning Thursday. Assam Chief Minister Himanta Biswa Sarma shared on social media platform X, «Today the Assam Cabinet has approved the Muslim Marriage Registration Bill 2024. It has two special provisions: Now the registration of Muslim marriages will be done by the government and not by the Qazi” and “registration of child marriage shall be deemed illegal.» District commissioners and registrars will be responsible for keeping the registration records, which are currently held by 94 qazis authorized under a British-era law from 1935. The new bill intends to prevent the registration of marriages involving minors, something that was previously handled by the qazis.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

ABB India and Kfin Technologies, along with 33 other companies, are expected to be in focus today as they have set August 23 as the record date for determining shareholders eligible for dividend payments. This means today is the last day to purchase shares of these companies to qualify for the announced dividends.

CDSL), in its board meeting held in July, had announced a bonus issue of shares for its eligible shareholders in the ratio of 1:1, for which the record date was fixed as August 24. “With reference to the captioned subject and our earlier intimation dated July 02, 2024, and pursuant to the provisions of Regulation 42 of the SEBI Listing Regulations, we wish to inform that the Company has fixed the 'Record Date' as Saturday, August 24, 2024,” said the company in a filing to the exchanges.

Open a demat account: If you don’t already have a demat account, this is your first step. It’s similar to setting up an online account—simple, straightforward, and usually done with a depository participant (DP) such as a bank or brokerage firm. Obtain a conversion request form (CRF) from your broker: Your DP acts as the intermediary between you and the financial markets.

Amazon Prime Video has been a blockbuster hit as the eight-episode show has broken major records. Soon, «The Boys» season 5 will also premiere on the OTT streaming giant. «The Boys» Season 5 will be based on Garth Ennis and Darick Robertson's book. «The Boys» season 5 release date on Amazon Prime Video is yet to be announced officially. The show is likely to stream from summer or fall of 2026. Meanwhile, Prime Video has unveiled the new trailer for the much-awaited second season of its fantasy series «The Lord of the Rings: The Rings of Power». Prime Video unveiled the trailer during the San Diego Comic-Con (SDCC) where it also hosted a panel discussion moderated by actor Yvette Nicole Brown.

Aurobindo Pharma subsidiary Eugia Pharma Specialities, which manufactures sterile injectables, the US Food and Drug Administration (USFDA) has raised "data integrity" issues at the company's Unit-3 facility at Pashamylaram near Hyderabad in Telangana. The letter, issued on August 15, was later made public by the USFDA, which stated that there was failure to ensure the accuracy of data in records for both production and process simulations, i.e. media fills. Media fill is a microbiological test to help prevent contamination during drug production. «Your procedure requires testing of all (b)(4). While you documented testing of all of the (b)(4), your operators did not test all of the (b)(4) used during manufacturing of sterile injectable drug products,» the USFDA stated.

The price of gold hit an all time high this week

Public Sector Banks may have the largest network base in the country but their ability to garner deposits is much lesser than their private peers. HDFC Bank, the largest Indian private sector lender raced miles ahead in garnering deposits even though its branch presence remained a third of the largest Indian lender State Bank of India. State Bank of India recorded the largest deposit base at Rs 49.01 lakh crore at the end of the June 2024 quarter. It added Rs 3.70 lakh crore of deposits in one year, with the June 2023 deposit base at Rs 45.31 lakh crore. SBI has garnered these deposits with a mammoth branch network of 22,580. Private sector lender HDFC Bank was the top performer among banks in bagging deposits, it added a whopping Rs 4.66 lakh crore in one year. Its deposit base stood at Rs 23.79 lakh crore at the end of June 24 quarter versus Rs 19.13 lakh crore in the year ago period. What is noteworthy is that these deposits have been accumulated with a branch network of 8851, almost a third of SBI's network.

Japan racked up a 621 billion yen, or $4.3 billion, trade deficit in July, as prices of imports surged

Matt Orton of Raymond James Investment Management explains why he is optimistic about the U.S. economy on «Mornings with Maria.» 

Brookfield Asset Management Inc. is asking banks to line up about €9.5 billion (US$10.6 billion) of debt for its potential take-private deal for Spanish pharmaceutical producer Grifols SA, according to people with knowledge of the matter.

NCLAT on Wednesday directed the resolution professional of SKS Power Generation to submit and bring on record the e-mail sent to the successful bidder, Sarda Energy and Mining on May 8, 2023, seeking clarifications over its resolution plan. A three-member bench has directed the RP to file an affidavit with the e-mail having communications between the SRA (successful resolution applicant) Sarda Energy and the RP and directed to list the matter on August 30 for the next hearing. NCLAT was hearing the appeals filed by Torrent Power and Singapore-based Vantage Point Asset Management Pte, against the order of the Mumbai bench of the National Company Law Tribunal (NCLT), which on August 13, approved Sarda Energy and Mining's (SEML) bid. Both the petitioners were also in the race to acquire the debt-ridden thermal power producer and opposed the selection of SEML's bid by the CoC. NCLT had rejected their pleas against approval of SEML's bid.

Union Finance Minister Nirmala Sitharaman on Wednesday asked the Income Tax department to work towards being identified as fair and friendly. The FM was speaking on the occasion of Income Tax day celebration, where she marked 165 years of Income Tax, and congratulated Indian taxpayers for the feat achieved. Furthermore, Sitharaman took this opportunity to emphasise on the need for the language of income tax notices and letters issued to the public to be simplified.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.