Record News

15.08 / 18:08
Citi Provident Booking Align community wellness 35-year veteran LPL advisor defects to Avantax
Avantax, the tax-oriented financial planning and wealth management firm under Cetera, continues to demonstrate its appeal for planning-focused advisors as it adds a seasoned professional from LPL.
15.08 / 18:05
Digital Netflix Football WhatsApp blues reports Yankees' Aaron Judge crosses 300 home runs record by being the fastest player to break to break the record, all you need to know
Yankees' Aaron Ward, who has hit a home run milestone by achieving a miraculous feat. Judge is is one such player who has always been an asset for any team, especially the Yankees, who are trying to keep him as content and happy in this MVP-caliber season, which is ongoing.
15.08 / 18:03
Target economy Election President track reports Why cooling inflation, and improving US economy are not good for Donald Trump? Will he now slam "Kamalanomics"?
Donald Trump, the Republican candidate for the US Presidential Election 2024. If reports are to be believed, inflation is on track and it seems to fall back to the Fed Reserve's 2% target by the end of the year. Similarly, the Consumer Price Index continued to cool last month to 2.9%, below the expected 3% yearly increase.
15.08 / 18:00
markets UPS economy show reports Stock market today: Wall Street roars closer to its records as US shoppers help drive the economy
Wall Street is rallying following signals the U.S. economy is holding up better than expected
15.08 / 17:50
COST Trade show country Courts We dig federalism, but why retro tax?
Supreme Court's verdict on Wednesday enabling state governments to tax mining and related activities retrospectively with respect to transactions made after April 1, 2005, could have a far-reaching impact on input costs across the economic value chain and create stresses in federalism. The most affected area would be electricity, where the higher cost of mining coal would eventually feed into prices overall. If tariffs are deliberately suppressed for political reasons, as the historical record suggests, stress will grow in the power industry, affecting capacity building. Majority of the country's states are coal-deficient and will make a case for higher imports, thereby affecting the country's trade balance. Although most of these effects will show up over time, and can be mitigated with policy correction, retrospective tax on minerals could have a more immediate impact on the health of mining companies and supply-side inflation.
15.08 / 17:50
markets UPS community trends President reports "The tide is beginning to turn” as investors and move-up buyers drive detached home sales, says Re/Max
In the first half of 2024, seasoned buyers and investors drove detached home purchases in Canada’s priciest markets, including the Greater Toronto Area (GTA), Greater Vancouver Area (GVA), and Fraser Valley, while first-time buyers were sidelined by affordability issues, according to a Re/Max Canada report.
15.08 / 17:45
UPS WhatsApp show innovations Recovery via IBC up in June quarter at 31.12%
insolvency law rose to 31.12% of the creditors' claims in the June quarter from 25% in the previous three months, showed the data released by the bankruptcy regulator. However, it's marginally lower than the longer-term recovery rate of 32.06% since the Insolvency and Bankruptcy Code (IBC) was introduced in late 2016. In absolute terms, the realisation for creditors from the resolution of 58 stressed firms during the June quarter touched Rs 3,935 crore, according to the Insolvency and Bankruptcy Board of India (IBBI) data. The cumulative recovery from the 1,005 resolved cases until June 2024 stood at Rs 3.40 lakh crore.
15.08 / 17:31
Election Nov Immunic President 2020 Courts Donald Trump asks judge to delay sentencing in hush money case until after November election
Donald Trump is asking the judge in his New York hush money criminal case to delay his sentencing until after the November presidential election. In a letter made public Thursday, a lawyer for the former president and current Republican nominee suggested that sentencing Trump as scheduled on Sept. 18 — about seven weeks before Election Day — would amount to election interference. Trump lawyer Todd Blanche wrote that a delay would also allow Trump time to weigh next steps after the trial judge, Juan M. Merchan, is expected to rule Sept. 16 on the defense's request to overturn the verdict and dismiss the case because of the U.S. Supreme Court's July presidential immunity ruling.
15.08 / 17:20
Target CEO awards wellness track outbreak Potentially massive pay package for Starbucks new CEO, and he doesn't even have to move to Seattle
Incoming Starbucks CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant
15.08 / 17:03
Action security Apple Chevron Chubb reports Warren Buffett details Berkshire's Apple, Chevron and Capital One sales while also buying more Chubb
Warren Buffett has offered more details about all the stocks he has been selling lately, including confirming that he sold more than 389 million Apple shares during the second quarter
15.08 / 15:18
markets Bottomline show reports International Profiles Q2 international sales growth led by Flipkart and other markets: Walmart
Walmart, which owns local ecommerce firm Flipkart, said its international business growth was driven by Flipkart, China, and Walmex, without disclosing specific contributions. The Bentonville-based retailer also said in its second-quarter earnings for FY25 that its advertising business grew 23%, led by Flipkart and Walmex. Walmart recorded nearly $30 billion in net sales from international markets–a growth of 8.3% on year. Walmart also reported an operating income of $1.4 billion for the quarter under review. “Operating income growth led by Flipkart, China, and Walmex…. benefited from lower losses in ecommerce across markets..,” a presentation from the Flipkart owner showed on Thursday.
15.08 / 14:40
Aware wellness students NMC reports Colleges Survey finds 27.8% UG medical students suffering from mental health issues
As many as 27.8% of undergraduate (UG) medical students and 15.3% of post graduate students (PG) suffer from mental health disorder, says a survey conducted by India’s apex medical education regulator. Of the 37,962 participants surveyed by the the National Medical Commission (NMC), 16.2% UG students and 31.23% PG students have suicidal ideas. The reasons for such mental health disorders include the pressure of paying educational loans and debt (32.7%), students facing ragging (18%), sub-par hostel facilities (41.6%), and lack of privacy (33.7%).
15.08 / 09:16
FIVE Progressive Manufacturing Platform WhatsApp country India gradually emerging as global hub in defence manufacturing, says PM Modi in his Independence Day speech
Aatmanirbharta' (self-reliance) in defence and gradually emerging as a global manufacturing hub of military equipment due to measures taken by the government in the last few years, Prime Minister Narendra Modi said on Thursday. In his Independence Day speech from the ramparts of the Red Fort, Modi said there was a time when the majority of the defence budget was used to procure military hardware from abroad, but his government focused on indigenous defence production. «We are becoming self-reliant in the defence sector. Today, we have our own identity in defence manufacturing. India is emerging as a defence manufacturing hub,» he said. The prime minister complimented the defence ministry and the armed forces for taking a series of decisions, including the notification of a number of positive indigenisation lists under which over thousands of items are being procured from the Indian industry in line with designated timelines. According to the defence ministry, a total of 5,600 items have been identified for domestic manufacturing.
15.08 / 09:14
Booking show travelers International Destinations Independence Day weekend sends Indians into a travel frenzy
MUMBAI : As the nation celebrates Independence Day, a surge in travel enthusiasm has gripped well-to-do Indians. The extended holiday weekend has sparked a travel frenzy, with bookings for both domestic and international destinations witnessing a significant rise.
15.08 / 08:49
markets Binance Digital Mobile Trade country Binance registers with FIU-IND, pays Rs 18.8 crore fine to restart operations in India
Binance has registered with India’s virtual digital asset (VDA) monitoring agency FIU-IND after paying a penalty of Rs 18.82 crore, lifting a seven-month ban on its website and mobile application in India. Binance registration with the Financial Intelligence Unit (FIU-IND) marks its 19th global regulatory milestone, the company said in a statement on Thursday. “Recognising the vitality and potential of the Indian VDA market, this alignment with Indian regulations allows us to tailor our services for Indian users,” said Richard Teng, chief executive of Binance. “It is a privilege to extend the reach of our cutting-edge platform to this thriving market, supporting India’s continued VDA evolution.”
15.08 / 06:32
markets UPS economy Trade War inclusion Record low INR: Stability or imminent depreciation?
market volatility has been spurred by a confluence of factors. Weaker-than-anticipated US economic data has ignited concerns about a potential recession, with market estimates now placing its likelihood at 30-35%, a significant increase from the less than 10% projection in June 2024. Adding to the turbulence, the surprise rate hike by the Bank of Japan and the subsequent reversal of yen carry trades have exacerbated market uncertainty. The Indian Rupee has borne the brunt of this volatility, hitting near all-time lows and breaching its previous October 2022 record of INR 83.5. While the Rupee has depreciated in the short term, it has exhibited relative stability compared to other emerging and developed market currencies over the past six months. INRperformance V/s Emerging Market Currencies (YTD INR depreciation~1% v/s other EM currencies ~4-10% depreciation)
15.08 / 06:04
markets Manufacturing Remark Celebrity 2020 International PM Modi breaks record for longest Independence Day speech. Who holds the shortest speech record?
Prime Minister Narendra Modi today delivered his longest Independence Day speech to date, lasting a remarkable 98 minutes, from the historic Red Fort. This extended address, surpassing his previous record of 96 minutes in 2016, reinforces Modi’s reputation for delivering lengthy and impactful speeches on this significant national occasion. Modi's average Independence Day speech duration is 82 minutes, making his addresses notably longer than those of any other Indian Prime Minister. His shortest speech, delivered in 2017, lasted around 56 minutes. During the 78th Independence Day celebrations, Modi not only set a new record for the longest speech but also achieved the milestone of delivering the third-longest speech ever from the Red Fort, according to Press Trust of India. His inaugural Independence Day speech in 2014 was 65 minutes long, followed by an 88-minute address in 2015. In 2018, Modi spoke for 83 minutes, and his 2019 speech extended to nearly 92 minutes. The following year, in 2020, his address lasted 90 minutes, while in 2021 it was 88 minutes. Last year’s speech also reached 90 minutes.
15.08 / 05:53
Target Fighting WhatsApp Celebrity country Dynasty Politics: PM Modi wants fresh blood from non-political families in Indian politics
nepotism in Indian politics, Prime Minister Narendra Modi during his Independence Day speech called for inducting fresh blood into the country's system of people with no familial background in politics. PM Modi gave a call to bring one lakh youth into the political system, specifically those with no history of politics in their families. Addressing India's 78th Independence Day speech, Modi said this initiative was aimed at fighting the evils of nepotism and casteism and inducting fresh blood into India's polity. Leader of Opposition and Congress member Rahul Gandhi, often a target of the Bharatiya Janata Party's criticism against nepotism in India's politics, was also in attendance at the event.
15.08 / 04:49
markets Racing wellness 2020 reports Midcap funds get ahead of largecaps in AUM race
midcap funds has surpassed that of large-cap funds by 0.6 percentage point, the most on record, as per data from the Association of Mutual Funds in India. Midcap funds constitute 12.9% of the total equity AUM, compared with 12.3% for their large-cap peers. Now, mid-cap funds have become the third-largest fund category after sectoral and flexi-cap funds. Historically, the AUM share of midcap funds has lagged large-cap funds by about 5.5 percentage points.
15.08 / 02:39
Target Progressive security reports rowing 78th Independence Day: PM Modi set to break a record of Manmohan Singh today with his 11th I-Day address in row
Narendra Modi will unfurl the national flag for the 11th consecutive time on Thursday, marking this year's Independence Day. He is expected to outline his government's agenda, present a progress report, make key policy announcements, and addresses pressing issues during his address from the Red Fort. Notably this will be Modi's first Independence Day address of his third term. He will surpass Manmohan Singh who unfurled the tricolour 10 times between 2004 and 2014, and behind Jawaharlal Nehru and Indira Gandhi, who did so 17 and 16 times respectively. The theme of 'Viksit Bharat' is expected to be a core focus of his address. There is also anticipation that the ongoing crisis in Bangladesh, particularly the targeting of minority Hindus, may be mentioned, given the strong stance taken by Hindutva groups who have rallied around the issue.
14.08 / 18:13
UPS Metro Food Pharmacy sales helped boost Metro earnings in Q3, but profit fell
Metro Inc. says it earned a third-quarter profit of $296.2 million, down from $346.7 million in the same quarter last year, as its sales rose 3.5 per cent.

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