Record News

14.08 / 19:37

Lowe's Action Tesla show performer Tesla reignites EV price war with new round of cuts in China

Tesla cut prices again in China, sending auto stocks tumbling on concerns the move will rekindle an international price war that had shown signs of abating.

14.08 / 19:37

COST Airlines SpiceJet swings to ₹205 cr profit in Q1

NEW DELHI : Budget carrier SpiceJet on Monday reported a net profit of ₹205 crore in the June quarter, buoyed by continued strong demand for air travel. The Gurugram-based airline had reported a net loss of ₹789 crore a year earlier. Total income fell 8.4% to ₹2,267 crore in the quarter while total expenses decreased by 36% to ₹2,069 crore.

14.08 / 19:37

UPS Citi BLOCK ANZ Deal Bendigo-Suncorp talks ‘not appropriate’ amid appeal to $4.9b ANZ deal

Bendigo & Adelaide Bank boss Marnie Baker says the regional lender will only circle back with a renewed competitive bid for Suncorp’s bank if the appeals tribunal rejects ANZ’s $4.9 billion all-cash takeover offer.

14.08 / 19:37

COST UPS Oscar performer track Costs Renovators put the brakes on $11b market as costs crunch spending

Australia’s $11 billion renovations market is at the start of its first significant downturn in a decade amid a broader construction crunch and as interest rate increases and rising costs crimp spending on building.

14.08 / 19:33

SEC Action FINRA Finra adopts reforms to make it tougher for brokers to clear their records

Attorneys who represent investors in actions against brokerages and registered representatives are hopeful that expungement reforms Finra enacted late last week will make it harder for reps to clear their records of disputes.

14.08 / 18:09

UPS Target performer country electronic Goods exports dip 15.9% in July

Exports shrunk 15.88% in July, while imports declined 17% to $52.92 billion narrowing the trade deficit to $20.67 billion against $25.43 billion in July 2022. It marginally widened compared to $20.13 billion in June. However, the ministry stated that India was more resilient than its peers, despite global headwinds weighing down trade.

14.08 / 17:17

Platform Entertainment rock MGM jazz Clarence Avant passed away at 92. From nightclub manager in New Jersey to 'The Black Godfather' of music, details here

Clarence Avant, renowned as «The Black Godfather» of the music and entertainment world, passed away at the age of 92 on Sunday. He died at his residence in Los Angeles, as confirmed by a statement issued by his son Alex Avant, daughter Nicole Avant, and son-in-law Ted Sarandos on Monday. Originating from North Carolina, Avant transitioned into a pivotal figure in the entertainment industry after relocating to Los Angeles during the late 1960s.

14.08 / 17:17

UPS show boost HDFC merger helps boost credit offtake to 19.7 per cent in fortnight ended Jul 28: Report

HDFC Bank has pushed credit offtake by an incremental 500 basis points to 19.7 per cent for the fortnight to July 28, excluding which the system-wide lending growth was only 14.7 per cent on-year, according to a report. The largest pure-play mortgage lender HDFC merged with its own banking subsidiary on July 1 in a record USD 40 billion all stocks merger, creating a banking behemoth with a balance sheet of over Rs 23 lakh crore. Credit offtake continued to show robust growth, increasing by 19.7 per cent on-year to reach Rs 148 lakh crore for the fortnight to July 28.

14.08 / 17:15

Digital PayPal CEO Software Intuit veteran PayPal hires Intuit veteran with small business expertise to be next CEO

By Niket Nishant and Manya Saini

14.08 / 17:13

Manufacturing show country electronic Goods exports dip to lowest in 9 mths as demand slumps

NEW DELHI : Indian goods exports remained under pressure in July as demand from key markets such as the US, Europe and China remained subdued amid high inflation driven by persistent geopolitical tensions. While services exports continued to report healthy growth, merchandise or goods exports declined to their lowest in nine months, falling 16% to $32.25 billion in July from $38.34 billion in the year earlier, data released by the commerce and industry ministry on Monday showed. Imports during the month also declined by 17% to $52.92 billion from $63.77 billion in the year-ago period, narrowing the trade deficit to $20.67 billion.

14.08 / 16:55

UPS Target Reuters Italy PM Meloni takes 'full responsibility' for bank tax

MILAN (Reuters) -Italian Prime Minister Giorgia Meloni on Monday took «full responsibility» for last week's shock decision to impose a one-off bank tax that has been blamed for causing lasting damage to her government's credibility with financial markets.

14.08 / 16:55

Lowe's Racing Fighting country Milei Analysis-Could Argentine radical libertarian Javier Milei win the presidency?

By Adam Jourdan, Eliana Raszewski and Anna-Catherine Brigida

14.08 / 15:09

UPS Citi Provident Digital show debate What the debate on NSS population counts missed out

One of independent India’s early achievements was to set up a large-scale household survey system. The National Sample Survey (NSS) set up in 1950 and the Sample Registration System initiated in the 1960s inspired similar experiments all over the world. Since the late 1970s, innovation in the official statistical system has slowed down even as the structure of the Indian economy began changing rapidly.

14.08 / 14:25

Digital Cooper Platform Mobile country wholesale fall NCCF, NAFED to sell tomatoes at Rs 50 per kg amid fall in wholesale rates

NCCF and NAFED to sell tomatoes at a reduced rate of Rs 50 per kilogram from Tuesday in view of the decline in prices in the wholesale markets. Since July, both NCCF and NAFED have been selling tomatoes at a discounted rate on behalf of the consumer affairs ministry in Delhi-NCR, Uttar Pradesh, Rajasthan and Bihar to boost domestic availability and contain price rise. Initially, the ministry had asked the two cooperatives to sell tomatoes at a subsidised rate of Rs 90 per kg and later reduced the price to Rs 80 per kg.

14.08 / 13:25

Target Fighting Remark Dreams country Pawan Khera supports Surjewala, says political fight on between 'demons and humans'

Congress leader Pawan Khera said here on Monday that the present political fight in the country is going on between «demons and humans», referring to party colleague Randeep Singh Surjewala's remarks calling those voting for the ruling party as having «demonic tendencies». He also said the country needs a responsible prime minister, not a «publicity minister». To a question on Surjewala's comment at a recent rally in Haryana, Khera said, «The prime minister spoke for 2 hours and 13 minutes in Parliament.

14.08 / 13:25

Target Airlines Strategy boost Abu Dhabi slashes hotel room and restaurant fees to boost tourism

Abu Dhabi Department of Culture and Tourism has reduced government fees applied to hotel rooms and restaurant in the emirate. The revised fee structure will come into effect from 1 September 2023 . «This revision of fees seeks to further grow the emirate as a tourism and cultural destination while bolstering support for its thriving hospitality sector,» the Department of Culture and Tourism – Abu Dhabi, said in a statement.

14.08 / 13:25

COST UPS Twitter Highways Modi government has broken all records of corruption: Arvind Kejriwal

Arvind Kejriwal on Monday alleged that the Prime Minister Narendra Modi-led government has broken «all records of corruption» after the Comptroller Auditor General (CAG) of India reportedly flagged the «very high» construction cost of the Dwarka Expressway. According to media reports, the CAG audit report on the implementation of Phase-I of 'Bharatmala Pariyojana' highway projects has flagged how the National Highways Authority of India's (NHAI) decision to go for an elevated carriageway on the Haryana portion of the Dwarka Expressway pushed up the construction cost to Rs 251 crore per kilometer from Rs 18.2 crore per kilometer.

14.08 / 12:33

Reuters Booking Racing Airlines Boeing country plane Boeing leads race to secure 25 wide-body plane order from IndiGo - Reuters

Boeing (NYSE:BA) is the front-runner to book an order for approximately 25 wide-body planes from IndiGo (NS:INGL), Reuters said in a report Monday.

14.08 / 12:33

UPS Southern show foreign Foreign tourism to Portugal registers best-ever first half

LISBON (Reuters) — The number of foreign tourists visiting Portugal surpassed eight million in January-June, making it the best first half on record, official data showed on Monday.

14.08 / 12:21

UPS Manufacturing Platform band show week Commodities Week Ahead: Oil Bulls Cling to $80 as Fed Minutes, Retail Sales Beckon

After a seven-week rally, oil bulls are clinging to $80 per barrel pricing and looking to the Federal Reserve to reveal the deliberations that led to last month’s rate hike as markets look for signals on what the central bank could decide when it meets again In September.

14.08 / 11:28

Provident Ball SEC awards Inside whistleblower SEC’s Whistleblower Chief Manages Growing Pains as Program Gains Popularity

whistleblower award program, she is facing perhaps her biggest challenge: critics who say the program favors those with connections to the regulator. Established by the 2010 Dodd-Frank Act to encourage the reporting of financial wrongdoing and preventing the types of oversight lapses that led to Bernard Madoff’s multibillion-dollar Ponzi scheme, the SEC’s award program has given out more than $1 billion in total to whistleblowers as the number of tips it receives has steadily risen. But with that success has come greater scrutiny.

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