Track Financial News

Prime Capital Financial, a full-service RIA in Overland Park, Kansas, has announced a key promotion to lead one of its subsidiary companies.

Traditional blockchains have long struggled with security, scalability, and decentralization. But history shows that shortcomings don’t last long. Innovation is always around the corner, ready to challenge the status quo and unlock new solutions for the future.

Home prices reached a new record in May amid an ongoing housing shortage, even as high mortgage rates continued to push affordability out of reach for millions of Americans.

Aditya Birla Sun Life Mutual Fund has filed a draft document with Sebi for a new defence fund, becoming the third fund house to offer a passive fund focused on the defence sector. The draft is for the Nifty India Defence Index Fund.

Jharkhand after colliding with a goods train. Recently, Railways have been marred with a series of train accidents. This is the fourth train accident this year. The incident occurred around 3:45 am in the Seraikela-Kharsawan district, approximately 7 km from Rajkharsawan station, under the Chakradharpur railway division of South Eastern Railways, according to a statement from railway officials.

Based on the consensus expectations, Jitendra Sriram, Senior Fund Manager, Baroda BNP Paribas Mutual Fund, expects the market may be marginally disappointed with the earnings in the current quarter. «While the consensus earnings for FY2024-25 are in the low teens, we expect the growth to be more in 2H,» he said, explaining that elections and heat waves slowed down economic activities during the quarter. Edited excerpts: With Sensex above 81,000, how tough is it to find new stocks to invest in? Many stocks are trading well above their historical average valuation levels. Index hitting a new high is a derivative of high economic activity and function of earnings growth. Despite equity trading at a new high, valuations are in line with long term averages. Thus, market returns are tracking earnings momentum.

budget will help keep its growth outlook healthy, said World Bank chief economist Indermit Gill, flagging the reduction in public debt as a key focus area for the government, along with putting education in mission mode. He noted that India has done a good job of making sure the fiscal deficit is reduced from last year.

₹72-76 per share, valuing the company at $4 billion ( ₹33,522 crore) at the upper end, a sharp discount to the $5.4 billion valuation it commanded in its last private funding round in September. The Bhavish Aggarwal-led company is looking to raise ₹6,146 crore by selling investors an ecosystem-led electric vehicle (EV) growth story, with investments in making cells and components. Of this, ₹5,500 crore will be raised through the issue of fresh equity while about ₹646 crore will be through an offer for sale by existing shareholders.

Buffalo Bills co-owner Kim Pegula showed significant signs in her recovery from a debilitating cardiac arrest by being escorted to the field by her husband to help break the post-practice team huddle

As part of his new role, Ford will be responsible for growing the firm's assets under management. He will report to Dan Churchouse, head of business development for the UK and Ireland at Federated Hermes. Premier Miton's Nick Ford set to retire as Federated Hermes manager joins «Ross' proven track record of building and maintaining deep client relationships and thorough understanding of the UK wholesale market will be instrumental in achieving our growth objectives in the region,» said Churchouse. Ford joins Federated Hermes from Aviva Investors, where he held the position of busin...

If it seemed to you like no one was going to the movies during the second quarter, you wouldn’t have been far off. You also probably haven’t stepped into an IMAX lately. The second quarter was a dismal one for the U.S.

Interest in private markets is trending higher and while private equity is one of its best known components, investors favor some strategies for investing in PE over others.

income tax refund after you file the income tax return (ITR) for that year. However, the processing of your ITR by the tax department and the issuance of an intimation notice confirming it is necessary before the income tax refund is issued. This intimation notice is provided under section 143 (1) of the Income-tax Act, 1961. This year, the deadline for filing returns for FY 2023-24 (AY 2024-25) is July 31, 2024.

Sick of managing people? Maybe you should stop. So many of us stumble into being the boss, or raise our hands because it feels like the only way to get ahead. We’re attracted to the cachet of the title, the promise of more money or the comfort of having a ladder to ascend.

OpenAI finally unveiled a search engine competitor to Google called SearchGPT. The new feature is currently in the 'prototype' stage and is only available via a waiting list, but it is expected to be rolled out to all users in the future.In a blogpost about new search feature, OpenAI wrote, “We’re testing SearchGPT, a prototype of new search features designed to combine the strength of our AI models with information from the web to give you fast and timely answers with clear and relevant sources."SearchGPT start page is akin to Google and we get a message reading, “what are you looking for?" After entering the search query, though, you get a direct answer much like Perplexity or Google's disgraced AI overviews feature.Meta announced its latest open-source language model, Llama 3.1 405B, which is said to rival the likes of GPT-4o and Claude 3.5 Sonnet in human evaluations and benchmakers.

Suryakumar Yadav, whose captaincy skills were on display during the first T20I against Sri Lanka, stated that he wants to classify himself as a leader and not as a captain.

Eddie Redmayne takes on the role of a lone assassin in the upcoming series "The Day of the Jackal," set to premiere on Peacock and Sky on November 7. The first teaser was revealed during the Paris Olympics opening ceremony.

warships arrived in Cuban waters on Saturday, Moscow's second such maritime voyage in as many months in a reflection of deepening ties between Russia and Cuba.

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.