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Co-host of ‘The Big Money Show’ Brian Brenberg analyzes the latest inflation data and discusses California’s $20 minimum wage increase.

Bank of Baroda (BoB) reported its total loan book grew by 8% year-on-year to ₹10.72 lakh crore in the first quarter ended June 2024, led by a 21% growth in retail loans. Total deposits increased 9% year-on-year to ₹13.06 lakh crore.

Aditya Birla Fashion & Retail (ABFRL), Bandhan Bank, Chambal Fertilizers & Chemicals, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Hindustan Copper, India Cements, Indus Towers, and Piramal Enterprises (PEL). Stocks' Futures & Options contracts enter a ban period when their open interest (OI) reaches 95% of the market-wide position limits (MWPL). The ban is lifted only when the open interest falls below 80% of MWPL.

defence stocks. A number of defence stocks, big as well as small, have been touching new highs in recent times. The defence euphoria in the market is fuelled by the government's resolve to indigenise defence production as well as boost defence exports. The defence sector has become a striking Make in India story. But behind this growth lies years of persistent efforts at the policy as well as execution levels.

In some ways the youngest generation of American adults has opportunity that older generations never did, but that’s often not the case when considering finances.

Bihar has witnessed the collapse of nearly a dozen bridges, raising serious concerns about construction quality and material usage. The incidents, occurring less than a month into the monsoon season, have prompted officials to suggest that the root cause might be linked to unscientific river dredging and desilting.

Alberta has taken its share of knocks lately.

House Rent Allowance (HRA) is a portion of your salary that is not fully taxable, unlike your basic salary. Subject to specific conditions, a portion of the HRA is exempted from taxation under Section 10 (13A) of the Income-tax Act, 1961. The amount of HRA tax exemption is deducted from the total salary before calculating the taxable income. This helps employees save on taxes. However, it's important to note that HRA received from the employer is fully taxable if the employee lives in their own house or does not pay any rent. Also read: HRA tax exemption: HRA fraud with illegal usage of PANs detected by tax dept; how to avail House Rent Allowance, proofs

Shein from selling products on its own app as part of a larger crackdown on Chinese apps following escalated border conflicts between the two countries. Now, Shein has found a safe route to India: Mukesh Ambani's Reliance Retail Ventures, which will launch the Chinese fast-fashion label in the coming few weeks, ET has reported based on information from sources. Ambani's company will sell Shein's products on its app as well as offline stores owned and operated by Reliance Retail. It seems a safe India entry for Shein because this time the ownership and control of the platform will remain with Reliance Retail's subsidiary; the platform will be hosted on infrastructure in India; and all platform data will remain in India, which Shein will not have access to, or rights over, ET has reported based on information from sources.

The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake

Mumbai: In another tragic hit-and-run incident, a woman tragically lost her life after a BMW collided with the bike she was riding with her husband early on Sunday morning. According to a report from TOI, the couple, residents of Worli, Mumbai, were heading to fetch fish when the accident occurred. The collision was so severe that the 45-year-old woman was thrown onto the car's bonnet. Rather than stopping, the driver continued for approximately 100 metres before fleeing the scene. The injured woman was rushed to Nair Hospital, where she was pronounced dead.

Prices for major cryptocurrencies, as well as shares of Coinbase Global (COIN) and MicroStrategy (MSTR), slumped Friday as collapsed crypto site Mt. Gox began paying back creditors.

Wall Street stock indexes closed firmer on Friday, with the tech-heavy Nasdaq and benchmark S&P 500 hitting record highs, as megacap stocks rallied on data signaling U.S. labor market weakness and pulled Treasury yields lower. Microsoft, Meta Platforms, Amazon.com and Apple advanced, pushing the information technology sector to an all-time high.

private equity firms including Carlyle Group, Hillhouse Investment and CVC Capital Partners have been shortlisted to acquire ChrysCapital-owned GeBBS Healthcare Solutions, said people familiar with the development. The deal proposes to value the Los Angeles-based healthcare business process outsourcing firm at $800 million. The firms, shortlisted after the initial round, will submit a binding offer by mid-July, said one of the persons, who did not wish to be identified. ChrysCapital Advisors, India's largest PE fund, owns about 80% in GeBBS, which it acquired in 2018 for $140 million, at a valuation of $175 million. The founders of GeBBS will also part-sell stakes in this round, said the people. Healthcare Admin Services

Ukraine, and major French news sites improbably registered in an obscure Pacific territory, population 15,000. All are part of disinformation campaigns orchestrated out of Russia and targeting France, according to French officials and cybersecurity experts in Europe and the United States. France's legislative elections and the Paris Olympics sent them into overdrive. More than a dozen reports issued in the past year point to an intensifying effort from Russia to undermine France, particularly the upcoming Games, and President Emmanuel Macron, who is one of Ukraine's most vocal supporters in Europe.

What are buyers saying on Amazon?Buyers appreciate the inverter's appearance, LED, and overall value. However, some have experienced heating and charging problems, while others find it noisy during operation.Why choose this product?Choose this inverter if you need a reliable backup power solution with a pure sine wave output for sensitive electronics. Its digital display and wide battery compatibility are additional advantages.

Hemant Soren preparing for his third term as Jharkhand’s chief minister, attention turns to whether she will join his cabinet. Kalpana's political ascent Kalpana’s life took a significant turn in March this year when she officially joined the Jharkhand Mukti Morcha (JMM), over a month after Hemant’s arrest by the Enforcement Directorate (ED). At 38, her transition from homemaker to politician saw her actively campaigning for the party, with Champai Soren’s backing, as JMM's face during the Lok Sabha elections. As per a TOI report, she conducted 151 election rallies, appeared alongside top INDIA bloc leaders, and secured a victory by over 22,000 votes in the Gandey assembly segment in Giridih district. This seat had been vacated by Hemant to bring her into the state assembly in case he was imprisoned due to the ongoing land scam investigation. Upon entering politics, Kalpana stated, «I will be ready to take on whatever responsibility the party gives me.» After her election from Gandey, she emphasised her commitment to accelerating development in her constituency ahead of the assembly elections.

The American job market likely cooled last month while still remaining fundamentally healthy, which would be welcome news for the Federal Reserve in its drive to fully tame inflation

Powell's comments came on Tuesday (9 July) during a Congress presentation of the semi-annual monetary policy report published on 5 July. According to him, while data for the first quarter of 2024 «did not support such greater confidence», the most recent inflation readings showed «some modest further progress» in that direction. As a result, the committee left interest rates unchanged at between 5.25% and 5.5% at the last meeting in June. However, Powell added, recent US market indicators highlighted continuous economic expansion, with private domestic demand remaining «robust». In Ju...

Former Kansas City Federal Reserve Bank President Thomas Hoenig reacts to Jerome Powell saying the Fed is not ready to start cutting rates on 'Cavuto: Coast to Coast.'