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A new challenger has entered the RIA space, and it’s focusing its efforts on the unique needs of advisors looking to break away from captive broker-dealers.

Shares of Raymond surged 5% to ₹2,001 on the NSE on Thursday after the demerger of its lifestyle business took effect. The company had set Thursday as the record date for the demerger. The demerged entity, Raymond Lifestyle, is expected to be listed separately in a month or two, according to analysts. As part of the group restructuring process, Raymond demerged its lifestyle business into a separate company. Raymond shareholders will receive four equity shares of Raymond Lifestyle for every five shares held in Raymond.

Odisha on Wednesday effected a major reshuffle among senior-level IAS officers. According to a notification issued by the state General Administration and Public Grievances (GA-PG) department for this purpose, Nikunja Bihari Dhal, the Additional Chief Secretary (ACS) to the chief minister, will continue to have additional charge of chairman of IDCO, a state PSU. Similarly, ACS Surendra Kumar has been given the charge of the parliamentary affairs department in addition to the current posting as ACS to the GA-PG department and Tourism department. Senior IAS officer G Mathivathanan has been transferred as director general of Training Coordination, Gopabandhu Academy of Administration, Bhubaneswar.

Stocks closed mixed on Wall Street after testimony from Federal Reserve Chair Jerome Powell in front of Congress provided little new guidance on the Fed’s plans on when it might lower interest rates

Japan's benchmark Nikkei 225 has surged to a record close of 40,913.65, leading markets in most of Asia higher

Yemen’s Houthi rebels conducted the largest number of attacks on commercial ships so far in 2024 in June, fresh proof that the group’s threat to trade intensified in recent weeks. There were 16 confirmed attacks on ships in June, according to figures published by the naval forces operating in the region. That’s the most for any single month in 2024, and was only eclipsed in December when more vessels were still sailing through the region. Separate figures published by the Washington Institute show a similar trend. Attacks by the Houthis ramped up in June, having shown signs of diminishing in the preceding months. The incidents included the second confirmed sinking of a vessel, as well as the first successful attack with a seaborne drone. The attacks are helping to contribute to the second-largest increase in a gauge of global sea transport on record as vessels sail thousands of miles extra around Africa.

A sizzling heat wave has Canada and the United States in its grip as a global streak of the hottest months continues to shatter records.

Arthur “Big Boy” Crudup helped invent rock ‘n’ roll

forwarding capability will allow users to easily share video notes across various chats, reflecting WhatsApp's commitment to user-friendly updates. This development comes as part of WhatsApp's ongoing efforts to enrich the user experience by providing more versatile ways to utilize video notes.The report highlights that beta users can now explore a revamped camera mode for sharing content. This mode streamlines the process of recording video notes by eliminating the need to press and hold the camera icon within the chat bar.

Oppo Reno 12 5G will be available in an 8GB RAM + 256GB storage variant in India. Meanwhile, the Oppo Reno 12 Pro 5G is expected to come in two configurations: 12GB RAM + 256GB storage and 12GB RAM + 512GB storage.Globally, the base model is sold with a 12GB RAM + 256GB storage option, priced at EUR 499.99 (approximately Rs.

inflation landscape exhibited spatial variability in June 2024, with 12 out of 22 states reporting inflation rates exceeding the national average of 5.1 per cent, according to SBI research. Odisha recorded the highest inflation at 7.22 per cent, followed closely by Bihar at 6.37 per cent and Karnataka at 5.98 per cent. This divergence highlights regional economic disparities as the country grapples with rising prices. Concurrently, the Index of Industrial Production (IIP) surged to a seven-month high of 5.9 per cent in May, reflecting robust growth in mining (5.9 per cent), manufacturing (4.6 per cent), and a remarkable increase in electricity production (13.7 per cent).

Mumbai airport. IndiGo and Vistara issued an advisory for its passengers. «Heavy traffic congestion and slow vehicle movement are expected enroute to Mumbai Airport today due to weather conditions. Customers are advised to allow more time for their journey to the airport,» said Vistara in a post on X.

Stocks wavered to a mixed close on Wall Street, nudging the S&P 500 and the Nasdaq composite to more records

Delhi recorded a minimum temperature of 27.2 degrees Celsius on Tuesday, and the IMD forecasts a generally cloudy sky with light rain for the day.The maximum temperature is likely to be around 33 degrees Celsius, the weather department stated.The Air Quality Index (AQI) recorded was moderate, with a reading of 94 at 1:19 pm, according to the Central Pollution Control Board.Spicejet has issued a warning for the passengers of flight disruptions due the heavy rains in Delhi. The airline company has asked the passengers to check their flight status frequently. Visuals shared by ANI on X show the parts of Central Delhi and the intensity of the rain showers.

Turkish authorities say a propane tank explosion at a restaurant in the western city of Izmir has left five people dead and 63 others injured

A Delaware judge is considering a massive and unprecedented fee request by lawyers who successfully argued that a massive and unprecedented pay package for Tesla CEO Elon Musk should be voided

A big gain for Tesla helped drive Wall Street to more records

Airbnb has come under intense criticism for how it has handled situations involving hidden cameras. The business needs to do more to safeguard its visitors, even though it has known about the problem for years. When visitors report concealed cameras, Airbnb resolves disputes amicably without involving the police. This strategy may impede criminal investigations by allowing hosts to obliterate evidence. A CNN investigation claims that over the past ten years, Airbnb has handled tens of thousands of customer support calls about concealed cameras. These cameras, which have been discovered in bathrooms and bedrooms, are meant to record visitors at private times such as getting dressed or spending time with their kids. Victims worry that their intimate moments might be revealed online and result in long-term suffering.

Summer is the season of road trips.

A big gain for Tesla helped drive Wall Street to more records

Pakistan government has taken steps to regulate the country's wheat market by banning the import of wheat and the export of flour on Friday, according to a notification issued by the Ministry of Commerce, Ary News reported. This decision came after it was determined that the country had imported more wheat than it needed, leading to a surplus. The government has amended its Import and Export Policy Orders 2022 to implement the ban, which also includes a prohibition on exporting flour made from imported wheat, as per Ary News.