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Elon Musk has said he plans to commit $45 million a month to a super political-action committee supporting Donald Trump, the latest in a series of large-dollar donors ponying up tens of millions of dollars in presidential races. The recent flood of money from pro-Trump donors puts pressure on President Biden, who was recently overtaken by his GOP rival in the 2024 money race. Super PACs are groups that can raise unlimited sums of money for what are known as independent expenditures, such as advertising that supports or opposes a candidate.

Even though there are about three weeks left for the ITR filing deadline, many tax filers have been faced with major tech issues when using the Income Tax Department’s. These include basic glitches like logging into the e-filing portal to resetting the password to big ones like discrepancy in pre-filled data in ITR forms and difficulty in e-verification. Chartered accountant associations have been writing to the tax department asking them to rectify these issues at the earliest.

Logistics disruptions such as lack of container availability, irregular shipping schedule and ships skipping Indian ports impacted the country's exports growth during June, apex exporters' body FIEO said on Monday. After recording 12.8 per cent growth in May, India's merchandise exports rose by just 2.56 per cent to USD 35.2 billion in June. Federation of Indian Export Organisations (FIEO) President Ashwani Kumar said the third consecutive increase in merchandise exports shows the resilience of the sector. «Had it not been for the logistics disruptions such as lack of container availability, shipping space, irregular shipping schedule and ships skipping Indian ports, the exports would have recorded close to double-digit growth in June 2024,» he said in a statement.

Jack Black announced he’s cancelling the rest of the Tenacious D world tour after his bandmate Kyle Gass made a joke about the failed assassination of Donald Trump that left him “blindsided.”

Gold hit a record and bonds rallied on Wednesday as markets prepared for global interest rates to fall, while stocks in Taiwan slipped after U.S. presidential candidate Donald Trump sounded lukewarm in his commitment to the island's defence. The S&P 500 scaled record highs overnight and futures were steady in Asia. MSCI's broadest index of Asia-Pacific shares outside Japan was flat and Japan's Nikkei rose 0.1%.

Donald Trump returned to the Republican National Convention Tuesday for a night intended to unify the party, as his failed primary challengers displayed their fealty to the now official US presidential candidate. Three former rivals took the stage during prime time to publicly throw their support behind the former president, including onetime UN ambassador Nikki Haley who told delegates that «a unified Republican Party is essential for saving» the nation. Trump, again wearing a white bandage on his ear that was injured in Saturday's assassination attempt, waved, shook hands and said «thank you very much» as delegates burst into an ovation.

retail sales proved to be firmer than expected, but was still soft enough to keep expectations intact for a rate cut from the Federal Reserve this year. U.S. retail sales were unchanged in June, topping expectations of economists polled by Reuters for a decline of 0.3%, as a drop in receipts at auto dealerships was offset by strength elsewhere, a show of consumer resilience that boosts economic growth prospects for the second quarter.

dollar, prompting more warnings from Japanese officials after last week's suspected intervention. Federal Reserve Chair Jerome Powell said at an event on Monday that recent inflation data bolstered policymakers' confidence that price pressures are on a sustainable path lower.

Elon Musk's decision to throw his vast fortune behind Donald Trump's presidential candidacy confirms the rise of a growing right-wing bloc in the traditionally liberal Silicon Valley. US media reports indicate that Musk and a group of tech investors are contributing to a Super PAC — a specially designed fund that can spend unlimited amounts on political candidates and causes.

Musk took the comment section of the post and reacted with laughing-out-loud emoticon.Senator JD Vance is former US President Donald Trump’s running mate and Usha Chilukuri Vance is his Indian-origin wife. The couple was trending on social media. X users have been flooding social media with posts on Chilukuri’s Indian connection.

lenders have intensified efforts to garner retail deposits through special plans that offer savers at least 25-30 basis points more than current commitments of comparable tenures, signalling policy interest rates will remain elevated for some time now. SBI, Bank of Baroda, Indian Overseas Bank, Union Bank of India and Bank of Maharashtra have started deposit plans offering 7.25% to 7.30% on investments stretching from 399 to 444 days. These banks are offering an additional 50 basis points for senior citizens. The move to raise deposit rates comes within a fortnight of the Reserve Bank of India's (RBI's) interaction with banks. Narrowing the Gap

IPO) for its Indian unit, which owns spices and condiments brands MTR and Eastern. «We initiated a process to consider structural opportunities for Orkla India, including conducting an IPO readiness study. The results of the study are encouraging. And we will now proceed with an evaluation of accessing the capital markets in India. Any conclusion should not be expected until sometime 2025,» Nils Selte, president and CEO at Orkla, told investors. «There are a lot of things to do before we are good to go.»

US Secret Service continues to under fire for its alleged security lapses during the Trump rally at Butler in Pennsylvania. The Republican party’s official presidential nominee was shot at by an assassin. The failed assassination attempt on Trump has raised questions regarding the protocol followed by the US Secret Service. Its Director Kimberly Cheatle is in the news yet again for all the wrong reasons. In an interaction with ABC News, she refused to step down and attributed bizarre reasons for the failure to prevent the assassin. She also indulged in a game of blame game and accused the local law enforcement agencies of neglect.

While many across the United States and the world, including President Joe Biden, are urging Americans to lower the political temperature in the country in the wake of a failed assassination attempt on former president Donald Trump, some stocks on Wall Street looked upbeat this week.

JD Vance is supposed to help Donald Trump win the Midwest this fall. But almost immediately after the Ohio senator was announced as Trump's vice presidential pick on Monday, one thing became clear: Vance, a 39-year-old Republican with less than two years in Congress, is not well-known among many in his party, even in the swing states Trump hopes he'll deliver. Michigan Republican Party Chairman Pete Hoekstra offered a blunt response when asked about Trump's pick minutes after it was announced: «We don't know him.» «If he's from Ohio, he understands our state and the other northern battlegrounds,» Hoekstra said, standing on the floor of the Republican National Convention (RNC). «But we haven't had a chance to take his measure yet.»

LPL is making a strong statement on technology as the firm brings on an experienced leader to help take it to the future.

Trump and Republican Party Presidential nominee is ahead of his counterpart from the Democratic Party, not all is good with Trump. While the Republican party is aggressively campaigning, it may soon have to face its ‘Taylor Swift Nightmare’. Incumbent President Joe Biden who is on the backfoot with many of his own party members calling for his replacement, attacked Trump while addressing his supporters in Michigan. The party is planning to counter Trump and mount a counter attack that can push Trump and his team on the backfoot. There are many challenges that can be exploited.

An advisor managing approximately $115 million in assets has joined Prospera Financial Services along with his team.

Intense general election campaigning in the UK and France, coupled with cracks appearing in President Joe Biden's attempts to retain office, has seen faith in UK, US and European markets dwindle, with HL's Investor Confidence index falling by 6.5% in July. According to the index, faith in UK economic growth decreased by 3.7%, while confidence in the UK market fell by 6.4% in the run up to the general election. Data released by the Office for National Statistics last week revealed the UK economy grew faster than expected the month prior in May, expanding by 0.4% thanks to strong perfor...

Estate planning platform wealth.com has expanded its industry reach with a newly unveiled alliance.

Small-cap stocks are on a tear right now as they took the baton from megacap technology shares last week to lead the bull market on hopes interest rate cuts will broaden out the economic recovery to their benefit.