Align Financial News

India-Japan relations, the Japan International Cooperation Agency (JICA) has signed a Grant Agreement with the Government of India to implement «The Project for Human Resource Development Scholarship (JDS).»

Ethiopia’s currency has lost 30% of its value the day after the central bank began implementing a flexible exchange rate policy backed by the International Monetary Fund as part of new measures to stabilize the eastern African nation’s economy

Robertson Stephens is extending its reach yet again with its fourth acquisition of the year.

Arkadios Capital continues its expansion with the addition of two significant advisory teams. Stewardship Wealth Management, based in Texas, has transitioned $325 million in assets to Arkadios, following Gulf Coast Wealth Management’s $850 million shift in June.

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, started the week on a bullish note, remaining above $69,000.

SAP Labs India Monday announced two global AI roles to be based at its Bengaluru hub.

Amy Tripp, known for her precise predictions, has sparked new speculation about the future of US leadership. Tripp, who accurately foresaw Joe Biden's withdrawal from the presidential race, now predicts that Donald Trump could become the 48th President of the United States. In an interview with the New York Post, she highlighted Trump's current career peak, indicating his stars are aligned for a significant role. «Trump's sun is in the peak of his career, which is fitting for a real estate giant turned politician,» Tripp stated.

Narendra Modi called for a nationwide investor friendly charter and an index, to be prepared by the NITI Aayog, to rank states on their ability to attract investments.

LPL Financial Holdings on Thursday in its statement of second quarter earnings said it was cutting two branch offices – known as OSJs or offices of supervisory jurisdiction in the parlance of independent broker-dealers – with $20 billion in assets from its platform.

hotels in Bihar and Odisha after budget proposals sought to help boost tourism in the two eastern states, industry insiders said. Organised branded hotel supply in the two states is currently limited.

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cut prices across its entire line of iPhones by three to four per cent. This change is expected to benefit customers purchasing Pro and Pro Max models, who can save between ₹5,100 and ₹6,000.

I hear and I forget. I see and I remember. I do and I understand. — Confucius

Budget 2024 indicate an intention to have a multiplier effect for uplifting the poor, youth, women, and farmers. Some key themes emerge out from this year.

BPEA Credit has committed Rs. 250 crore worth of funds to DMW Group which is engaged in the niche precision manufactured components space, according to a statement from the private credit investor. The funding includes a green shoe option.

With the unveiling of Union Budget 2024-25, personal finance is set for a transformation that promises both simplification and strategic shifts. Although the anticipated increase in the tax-free threshold didn't materialize, the proposed changes signal a move towards a more streamlined tax system. Finance minister Nirmala Sitharaman is recalibrating the tax landscape, favouring reduced rates, broader slabs, and fewer deductions to make the new regime more appealing.

budget underscores the government's steadfast commitment to growth without compromising on fiscal discipline. The overarching message is clear: progress for all segments of society through equal opportunity. This blueprint addresses critical sectors such as manufacturing, services, agriculture, and startups, while providing targeted support for women and job seekers. An unwavering resolve to elevate India to a 'developed economy' status by 2047.

Ross Young, CEO of Display Supply Chain Consultants (DSCC), announced that Samsung is set to begin production of the Galaxy Tab S10 series in August. Young also confirmed earlier leaks suggesting that this year’s series will only include two models: the Galaxy Tab S10 Plus and the Galaxy Tab S10 Ultra.

Pixel 9 Pro XL. The video, shared by TikTok user @pixo_unpacking, who has previously leaked various details about the Pixel 9 series, compares the Pixel 8 Pro with the Pixel 9 Pro XL.

fiscal prudence and whether the budget would indicate a populist turn by the government. However, the message is that of continuity. Apart from the increased allocation of resources to the states of the two coalition partners, there does not seem to be any meaningful difference between the earlier budgets and the current one. The government continues to be on the path of fiscal prudence and consolidation. There is an emphasis on employment, skilling, and the social sector, and rightly so. There has been some worry about economic growth not fully translating into employment growth. Given the increasing number of young Indians joining the workforce, it was important to address the skilling needs of the people and incentivise the companies to hire more freshers. Encouragement for domestic manufacturing and services continues and the measures announced were on expected lines.