Rights Financial News

A federal judge has struck down a Missouri rule requiring disclosure of “social objectives” in investment decisions

Indian politics doesn't even take tea breaks. The latest parliamental drama is a squabble over who sat where at the 15th August bash at Red Fort.

Public spaces like hospitals have been found to be unsafe for women. What's more, the authorities' ability/willingness to go beyond lip-service and the motions has been brought into question.

Starbucks shares rose 24% this week on news that it was replacing Laxman Narasimhan with Chipotle Mexican Grill's head, Brian Niccol, as CEO. The Chipotle stock was down 7.5% on the announcement of Niccol's departure. Niccol's appointment works out to a combined market cap impact of $27 bn, with Starbucks gaining $21.4 bn and Chipotle losing $5.7 bn.

Samir Arora, Founder, Helios Capital, says we cannot let go of pockets of flow by just believing that we are getting Rs 20,000 crore a month. The SIP numbers are good, but they are not what you think are. The actual net flows are not Rs 20,000 crore or more per month, they are only Rs 10,000 crore. For some reason, we are only talking about gross flows. When things go bad, things will become very bad if we ignore one big pool of money and more than that, ignore valuations and ignore bad news beyond a point. So one has to balance it. We have done it. I am sure fund managers are doing it. Everybody is saying valuations are expensive, and the markets are due for a correction but look at the ability of the market to shrug off bad news, what it did on election day, the Budget day, and what it has done post that black Monday 10 days ago. Samir Arora: Correct. One of course is flows, but it would look out of place if we were doing it independent of the world. So, basically, the mothership which is the US is also doing the same, not related to the budget or elections, but in general reacting to any bad phases and so it has recovered so well, Japan has recovered. But the FII flows have been quite negative and I think that is because these tax hikes have become untenable. Just to give you one number, the MSCI India Index in dollar terms is up over 17 percent year to date, whereas a $10 billion index is up 13%. So, over time, this is going to hurt and there will be some loss of FII investments in India.

India-EU trade mustn’t stumble on digital sovereignty "The EU is advocating for stronger intellectual property protections, which India is cautious about due to concerns over generic medicines. Additionally, the EU is pressing for sustainability and labour standards in the agreement, but India is worried about their impact on its domestic regulations and industries," said trade analyst Ajay Srivastava, who is the founder of Global Trade Research Initiative (GTRI), a think tank.

The companies, in a filing disclosed Thursday, have asked the Commerce Department to apply the duties right away, amid a surge in imports from Vietnam and Thailand. An existing trade case already poses the risk of anti-dumping and countervailing duties, but the new filing raises the prospect of duties being imposed even before a final decision in the case. If imports have surged during a trade investigation, the government can determine that “critical circumstances” exist — a finding that paves the way for such retroactive tariffs. Companies importing panels and cells would need to post cash deposits while awaiting a final decision in the trade case.

Thriving at any Age: The Blueprint for Healthy Longevity, the report threw up a mixed bag of results based on a survey of six million users — from teens to 60+ living across 16 cities— of the app. While stress and lifestyle diseases like diabetes and high BP continue to be major causes of concern, a positive change was a drop in the percentage of overweight people (those with a BMI between 25 to 29.9), from 43% in 2021 to 38% in 2023. Health and wellness behaviours in India are evolving, says Vishal Gondal, founder and CEO of GOQii.

The creator of the Famous Amos cookie empire has died

Federal authorities say new efforts to convert some types of commercial fishing to ropeless gear that is safer for rare whales will be supported by millions of dollars in funding

Kamala Harris for not holding a press conference, Donald Trump has announced to address a press conference at his Bedminster golf club on Thursday afternoon. He will talk to reporters and answer their questions a day before his Democrat rival unveils her economic agenda. Attacking Kamala Harris, he said Wednesday she refuses to do any interviews or press conferences, almost 30 days now, she has not done an interview. He added that she had not attended any press conference because she was not smart or intelligent. The Trump campaign has said the vice president is trying to try to «duck and hide» from the media.

Vince McMahon was a huge name in the world of WWE at least some time ago until he quit the arena. He was a major and indomitable figure in the wrestling world, and has always been one of the reasons WWE has always stayed flush with cash, mostly due to his business instincts.

US court has slapped Vedanta Group-backed optic fibre manufacturer Sterlite Technologies (STL) with damages of $96 million (around ₹806 crore) for trade-related rights infringements involving American rival Prysmian. STL, in a statement, said it will «aggressively» challenge the verdict. The company, in which mining group Vedanta led by Anil Agarwal holds a 25% stake posted a loss of ₹82 crore in the first quarter of fiscal 2025, on revenue of ₹1,140 crore. After a three-year battle, a South Carolina jury, on August 9, found that Sterlite was in illegal possession of Prysmian's trade secrets including customers, new products and manufacturing expansion plans.

GoI's trying to introduce some element of self-regulation in online content creation. Since a very large part of the information we consume today is being created or processed by online creators, it's right in trying to plug the regulatory arbitrage between legacy and digital platforms. There should ideally be no difference in treatment of freedom of expression available offline and online, including attendant obligations. This would apply more critically to broadcast, especially when it can be done through social media by an individual. Persons broadcasting online for profit should be held to a higher threshold of accountability. This is where things get complicated. The nature of online communication can very well transform personal opinion into a broadcast. Using the profit motive as a differentiator would allow a section of broadcast content online the wider liberty of freedom of expression.

$NOT, the token underpinning crypto’s viral new Telegram-based game Notcoin, is down 2.7% in the last 24 hours to trade at $0.0114 as of this writing.

The RIA space continues to evolve rapidly and maintaining compliance has become increasingly challenging for independent advisors.

Facebook and Instagram parent Meta Platforms has shut down CrowdTangle

More debt-burdened Canadians think better days could be just around the corner after an interest rate cut and promising data boosted their outlook for the economy, a long-running survey of consumers suggests.

Be careful what you tell a chatbot

As climate change fuels the intensity and frequency of wildfires, it's also driving up the health risks for farmworkers who often have no choice but to continue working amid dangerous levels of smoke