Record News

HONG KONG—China’s former foreign minister, who was replaced on Tuesday after he went missing from public view for more than a month, is now disappearing from parts of the Foreign Ministry’s website—an erasure that is intensifying intrigue around what happened to him. Authorities didn’t provide a reason for their decision to removeQin Gang from his post, which has now been filled—at least temporarily—by his predecessor Wang Yi. The Foreign Ministry previously cited unspecified health reasons for Qin’s absence.

ease of doing business, the Department of Telecommunications (DoT) has allowed telecom firms to shift or re-deploy their wireless equipment from one service area to another, just by giving an intimation to its wireless planning and coordination (WPC) wing and a formal approval would not be required. The DoT Wednesday said in a notification that telecom operators can inform the WPC wing online through the Saral sanchar portal.

The Financial Industry Regulatory Authority Inc. Tuesday fined LPL Financial $3 million for falling down on its oversight of two financial advisors who pocketed $2.4 million from 13 clients, mostly senior citizens.

Power prices surged to their second-highest March quarter in 18 years, despite a glut of solar and wind production that sent prices into the negative during the middle of the day, according to a new report.

By Jack Queen

Chinese Foreign Minister Qin Gang was ousted earlier this week after merely 207 days at the job. His predecessor Wang Yi was reappointed to the top post on Tuesday and officials insist that they are releasing information ‘normally’ about the situation. But as speculation about Qin's fate and whereabouts continue, all his activities as foreign minister appear to have been erased from official records.

OpenAI's co-founder, Sam Altman, has launched Worldcoin, a financial network that will use biometric verification.

renewable energy portfolio comprising of solar, wind and energy storage projects. This comes in the backdrop of ReNew lining an ambitious ₹35,000 crore capital expenditure plan. Mint reported about the proposed partnership on 8 August last year for setting up green energy projects in India in JV mode.

Arvind Kejriwal and Aam Aadmi Party (AAP) Rajya Sabha member Sanjay Singh to appear before it in response to summons issued to them in a criminal defamation case. The court of chief metropolitan magistrate SJ Panchal rejected the AAP leaders' exemption applications and kept the matter for August 11. Kejriwal and Singh are facing a criminal defamation case filed by Gujarat University (GU) over their «sarcastic» and «derogatory» remarks over Prime Minister Narendra Modi's educational degree. Through their lawyer, the two leaders assured the court that they will remain present during the next date of hearing provided there do not arise circumstances beyond their control. If they face any such circumstances that prevent them from appearing, then there are judgments that allow counsels to record a plea, their lawyer told the court. The respondents sought exemption on various grounds and said they have challenged the summons in a sessions court and the matter is likely to come up for hearing on August 5. GU strongly opposed the exemption applications, calling them a tactic to delay the proceedings. It appealed to the court to issue a warrant against them.

Vinsys IT Services will open for public subscription on August 1. The issue closes on August 4.

Warren Buffett’s multibillion-dollar purchases of oil and gas investments early in the pandemic paid off when the sector cranked out record earnings in 2022. But instead of selling out for a huge profit this year, the Oracle of Omaha wants more.

New Delhi: Railway minister Ashwini Vaishnav on Wednesday said that the utilization of Vande Bharat trains has reached 99.60% during April-June, highlighting the growing popularity and efficiency of high-speed trains among passengers. “In the current financial year 2023-24, the overall utilization of Vande Bharat trains has been recorded at an outstanding 99.60%," the minister said in a written reply to a question in Lok Sabha.

Investing.com — Milan-listed shares in Stellantis NV (BIT:STLAM) rose on Wednesday after the U.S.-European carmaking giant posted record first-half sales thanks in part to strong demand for its electric vehicles.

Boutique investment bank Evercore is in the midst of a record senior dealmaker hiring spree, despite advisory fees for the second quarter dropping by a third.

ecommerce market by 2030, according to a report on Wednesday by strategy consulting firm Redseer. The report describes households earning between Rs 2.5 lakh and Rs 10 lakh annually as ‘mass’ consumers and those earning above Rs 10 lakh as ‘affluent’. The mass section, the report said, would contribute to almost $135 billion (45%) in gross merchandise value (GMV) for ecommerce by 2030.

Greta Gerwig's 'Barbie' might be minting money at the global box office but tech billionare Elon Musk is not impressed by it. In fact, the Twitter boss has called out the film for its overuse of the word 'patriarchy'. On Wednesday, Musk cracked a joke at the film's feminist themes and tweeted, «It you take a shot every time Barbie says the word „patriarchy“, you will pass out before the movie ends.» His tweet was in response to a meme that compared the Twitter symbol to Barbie and his own social network's new symbol, labelled X, to Oppenheimer. 'Barbie' has been making headlines globally, breaking records at the box office and becoming the highest-grossing film directed by a female director.

Netra Jyothi College director Rashmi Krishna Prasad said the incident occurred on Wednesday and the students were suspended the very next day. The matter came to limelight when the victim of the paramediacal college in Udupi informed her friends about the unconsented filming the three female students indulged in, and the friends informed the management. The three students, Shabhnaz, Alfiya and Aleema, have been named in an FIR.

Tata Consumer Products on Wednesday posted a consolidated net profit of Rs 359 crore in the first quarter. This is higher by 30% when compared with Rs 277 crore in the last-year period. Revenue from operations during the quarter rose 12% year-on-year to Rs 3,741 crore.

₹3,437 crore in the first quarter of FY24, registering a growth of ₹32% from ₹2,596.3 crore in the corresponding quarter of last year. Net interest income (NII) of the non-banking finance company (NBFC), on a consolidated basis, in Q1FY24 increased by 26% to ₹8,398 crore from ₹6,640 crore, YoY. Bajaj Finance’s assets under management (AUM) grew by 32% to ₹270,097 crore as of June 30, 2023, from ₹204,018 crore as of June 30, 2022.

U.S.-European carmaker Stellantis has reported a 37% boost in earnings in the first half of the year

Lawmakers intent on reducing China’s influence on the U.S. economy are seeking to push the Treasury Department to reduce the scale of Beijing’s influence at the Inter-American Development Bank, which supports economic and social development in Latin Am...