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Montana Republican Gov. Greg Gianforte reported more than $23 million in income over four years ending in 2022 as the former technology executive seeks reelection to a second term

Mehul Choksi's plea seeking records related to the suspension of his passport from the regional passport office. Choksi, an accused in a multi-million dollars scam at the Punjab National Bank, has claimed that he can not return to India as his passport is suspended on the ground of a «security threat to India». The special judge for the Prevention of Money Laundering Act (PMLA) cases S M Menjoge, however, allowed his plea seeking copies of investigation files relevant to decide whether there are sufficient grounds to declare Choksi a Fugitive Economic Offender (FEO).

Among the myriad problems Justin Trudeau is confronting, two have an immediacy that must be especially troubling. One is political, the other economic.

A panel has laid out specifics designed to bring numerous North Carolina state government agencies together to improve outcomes for prisoners when they are released, leading to reduced recidivism

In its half-year results published today (14 August), the British insurer's wealth arm posted net inflows of £5bn, up 16% from the same period last year.  Platform net inflows rose by 50% to £1.9bn in the first six months of the year, with consecutive record quarter gross inflows on both the adviser platform and direct wealth, while workplace net inflows were up by 4% to £3.5bn.  The positive flows combined with positive market movements of £11.4bn to drive a 10% AUM increase to £186.3bn from an opening position of £170bn.  Trio of global equity fund managers to exit Aviva Investor...

US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates. The consumer price index (CPI) rose 2.9 percent last month from a year ago, the Labor Department said in a statement, while a measure that strips out volatile food and energy costs cooled to an annual rate of 3.2 percent. This was slightly lower than the median forecast of economists surveyed by Dow Jones Newswires and The Wall Street Journal.

Direct-to-home (DTH) platform Dish TV has slipped in the red during the quarter ended June due to a degrowth in revenue.

Hindustan Zinc's board of directors will meet on Tuesday, August 20, 2024 to consider and approve the second interim dividend on its equity shares for the Financial Year 2024-25. The Vedanta Group company has set the record date on Wednesday, August 28, 2024.

rupee ended nearly flat on Wednesday as U.S. dollar demand from importers and foreign banks eroded the currency's early gains that came due to growing expectations of rate cuts by the Federal Reserve. The rupee closed at 83.9475 against the dollar, little changed from its close at 83.97 in the previous session.

Technocraft Industries announced a Rs 130 crore share buyback at a price of Rs 4,500 on Tuesday. The record date for this buyback has been set for August 27. Following the announcement, the company’s shares surged by 10% to a day's high of Rs 3,616 on the BSE today. The buyback price represents a premium of nearly 38% over Tuesday’s closing price and will be conducted through a tender offer route.

The assets under management (AUM) of mid-cap funds have surpassed the large-cap funds by a record 60 basis points, according to the data from the Association of Mutual Funds in India (AMFI). Currently, midcap funds constitute 12.9% of the total equity AUM compared with the 12.3% for their large-cap counterparts. With this, the mid-cap funds have become the third-largest fund category after sectoral and flexi-cap funds.

Hero MotoCorp recorded its highest ever quarterly revenue and profit after tax in Q1 FY25 as it reported a 16 per cent revenue growth from the same quarter of the previous year at Rs 10,144 crore and PAT at 1,123 crore, an increase of 36 per cent from Q1 FY24. The revenue touched 10,000 crore in a quarter for the first time in the company’s 40-year history. The company sold 15.35 lakh units in the quarter, an increase of 13.45 per cent from the same quarter of the previous year. “We continue to be on the profitable growth journey, crossing Rs 10,000 crore revenue for the first time ever, accompanied by the highest ever underlying PAT. As we surge forward, we are investing behind long term capability building to ensure sustained delivery of growth in future,” said Niranjan Gupta, CEO, Hero MotoCorp.

union budget has widened the gap between PMS and MF in income tax terms, many suspect that HNI investors may be encouraged to tilt more towards mutual funds due to their tax-friendly nature. In the union budget announcement, there was an increase in capital gain tax. The short-term gains on specified financial assets was changed to 20% instead of the previous 15%. The long-term gains on all financial and non-financial assets was changed to 12.5% from 10% earlier. The difference in tax rate which earlier was 5% has been widened to 7.5% post budget announcement. “On taxes, PMS does poorly compared to MFs, which is a significant drawback. Unlike PMS, where taxes are applied even if investors do not liquidate but fund managers make changes to the portfolio, mutual funds only impose short-term or long-term capital gains on investors when they sell their units. With an average turnover ratio of 50% in PMS, there is an extra 1-2% tax obligation on total assets,” said Amar Ranu, Head-Investment Products & Insights, Anand Rathi Shares and Stock Brokers.

Passenger vehicle sales in July stood at 3,41,510 units, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Wednesday. Three-wheeler sales in the same month were 59,073 units, while two-wheeler sales totalled 14,41,694 units, the data showed. In June, total passenger vehicle sales were recorded at 3,37,757 units, compared to 3,27,788 units in June 2023.

tropical storm Debby battered southern Quebec on Friday, leaving a mess in its wake. It dumped record rainfall on Montreal — with an exceptional 173 millimetres on the town of Sainte-Anne-de-Bellevue, where Shattke lives.Schattke has his work cut out for him in the coming days. He tried to salvage what he could, but the flooding surrounded his books and his child’s toys.

World Investment Advisors is taking another step forward on its next chapter of growth with a new addition to its C-suite.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

China emerged as the fastest-growing economy and became the second-biggest economy of the world after the US. But, it seems that the success story is coming to an end, at least for the time being. After registering a negative Foreign Direct Investment last year, investors have pulled a record £12bn out of China, reports 'The Telegraph'. It may prove to be a severe economic blow for the Communist Party of China-led government and President Xi Jinping.

jail is an exception" legal principle is applicable even to offences under special statutes like the Unlawful Activities (Prevention) Act, the Supreme Court ruled on Tuesday while granting bail to a man accused of harbouring suspected terrorists. A bench of justices Abhay Oka and Augustine George Masih said once a case has been made out for the grant of bail to an accused, the court cannot decline the relief. «When a case is made out for a grant of bail, the courts should not have any hesitation in granting bail. The allegations of the prosecution may be very serious. But, the duty of the courts is to consider the case for grant of bail in accordance with the law. 'Bail is the rule and jail is an exception' is a settled law,» SC said. The verdict came while ordering the release of a retired police constable Jalaluddin Khan, who was booked under the stringent provisions of the anti-terror law and those of the now defunct Indian Penal Code for renting out the upper floor of his house to alleged members of the banned Popular Front of India.

Republican vice presidential nominee JD Vance used a round of news show appearances to disparage the Democratic ticket and promote Donald Trump’s record and second-term plans