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A one-time congressional candidate and romantic partner of a convicted FTX executive has been arrested on campaign finance charges

A federal appeals court has revived an antitrust lawsuit the District of Columbia brought against Amazon

Devang Mehta, Director-Equity Advisory, Spark Private Wealth, says a combination of sectors related to capex and consumption and certain sectors in credit growth will be a good investment portfolio if somebody has a one-and-a-half, two-year horizon. Mehta further says look into proxy plays like bearing companies for railways and defence stocks. What are you doing in the markets right now? Any fresh stocks that you have managed to recommend to your clients? Any fresh ideas? Devang Mehta: I will talk more about themes and sectors rather than ideas. I will give certain examples on the way. We feel that both sides of the market – be it consumption or capex – have come back with a bang. Post the elections, post the budget, and post this volatility that we saw a couple of weeks back during the yen carry trade, the market has gone from strength to strength. So, whichever sectors were not performing, be it FMCG companies, auto companies and even discretionary consumption companies like Titan, and Trent, have come up with a good set of numbers.

A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack from Yemen's Houthi rebels in the Red Sea, while also destroying a bomb-carrying drone boat in the area

The average rate on a 30-year mortgage eased this week to its lowest level in 15 months

Nicaragua’s government has closed another 151 nongovernmental organizations, among them some of the most important trade organizations, including the American Chamber of Commerce

Adani Group's promoters are looking to sell shares worth ₹30,000 crore ($3.6 billion) over the next nine months as they look to rebalance their portfolio in listed companies that's currently worth about $126 billion. The promoters will pare stakes in some listed firms while increasing them in others, according to people with knowledge of the matter. The final aim of this rebalancing exercise is to hold 64-68% stake across firms. The stake sale will begin with Ambuja Cement and Adani Power while the holding will be increased in Adani Green Energy.

Asian markets opened lower, as investors prepare for comments from Jerome Powell later Friday. Equities in Australia and South Korea fell alongside Hong Kong share futures, echoing Thursday’s selloff in US stocks where both the S&P 500 and tech-heavy Nasdaq 100 indexes retreated.

₹1,830 crore. The companies had not responded to queries from Mint till press time. Vindhya Telelinks, an MP Birla Group company, was formed as a public-private joint venture between Universal Cables Ltd and the Madhya Pradesh State Industrial Development Corporation Ltd.

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Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

BIMSTEC Summit scheduled in Bangkok on September 4 owing to “technical issues” over formation of the cabinet. The decision to postpone the Summit was taken on Thursday as all preparations were ongoing till Wednesday. PM Narendra Modi in the light of the current circumstances will not travel to Bangkok. He was also scheduled to undertake a bilateral visit to Thailand on September 3. Modi is, however, expected to go ahead with the bilateral visit to Singapore on September 5, it has been learnt. Earlier he had plans to fly to Singapore from Bangkok. Ahead of Singapore visit, Ministerial delegations of the two countries will meet to firm up agenda to boost strategic partnership and the visit.

One lucky meme coin trader watched his investment of $999.91 Sun Wukong ($SUNWUKONG) balloon into unrealized returns of about $750,000, according to a tweet by blockchain intelligence company Arkham Intel.

Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...

Adani Power Ltd's resolution plan to acquire Lanco Amarkantak Power Ltd (LAPL) through the insolvency resolution process. The company has admitted liabilities of Rs 15, 633 crore. Gautam Adani promoted listed power company had proposed to pay Rs 4,101 crore to acquire it through the bankruptcy process. “Successful acquisition and implementation of the resolution plan for acquisition of LAPL will advance APL's (Adani Power) position as India’s leading private sector power producer, with a combined operational power generation capacity of 15,850 MW,” said Adani Power in its stock exchange filing on Thursday.

Veronika Rinecker is based in Germany, studied international journalism and media management. She specializes in politics and regulation, energy, blockchain, and fintech. Since 2017, she has been...

India may allow certain foreign investors to raise capital in rupees for investments in select countries, a government official said, in a move aimed at boosting the international use of the South Asian nation's currency. The plan comes after Indian Finance Minister Nirmala Sitharaman said in July the nation will simplify its foreign direct investment and overseas investment rules to promote opportunities for use of the Indian rupees as a currency for overseas investments. The new provision could enable investments in rupees in select nations of «strategic interest» to India, said the official with direct knowledge of the plans.

Michael Graw is an experienced freelance finance and tech writer, specializing in cryptocurrencies, decentralized finance, and Web 3.0 since 2018. His work has been featured on various financial news...

Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

Harindarpal Singh Banga and wife Indra Banga are likely to sell a 1.4% stake worth Rs 809 crore on Friday through block deals. According to the term sheet issued by the bankers, the Bangas plan to sell 4.09 crore shares at a floor price of Rs 198 apiece, which represents a 5.9% discount to Thursday’s closing price of Rs 210. Harindarpal was an early investor in Indian billionaire Falguni Nayar’s fashion giant Nykaa and held a 6.4% stake. He founded The Caravel Group, a global conglomerate primarily engaged in resources trading, maritime services, and asset management.