Wellness Financial News

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

Incoming Starbucks CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant

Ajit Pawar on Thursday batted for an all-party meeting to discuss the Maratha quota issue. Talking to PTI during his Jan Sanman Yatra, Pawar said the opposition parties cannot be neglected since they too represent the people. «Maratha quota activist Manoj Jarange wants quota under OBC segment. Chief Minister Eknath Shinde had called an all party meeting to discuss the quota issue but the opposition stayed away. I don't know if the boycott was deliberate. It has been decided to seek their (opposition) time again,» he said. Hailing the Mukhyamnatri Ladki Bahin Yojana, under which women get Rs 1,500 per month as aid if their annual family income is less than Rs 2.5 lakh, Pawar said it will be launched on August 17 at an event in Balewadi here with beneficiaries getting money for July and August. The event will be attended by CM Shinde and Deputy CM Devendra Fadnavis. It is a transparent scheme in which money is transferred to accounts linked to the beneficiary's Aadhaar, leaving no room for any illegality, Pawar added. Slamming the opposition for calling it an election gimmick that would burden the exchequer, Pawar said he had presented 10 budgets and knew about finances.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Japan’s economy grew at an annual rate of 3.1% last quarter, rebounding from the contraction in the previous quarter

Cyril Amarchand Mangaldas has been dominating legal industry headlines. Last month, the firm hired a team of more than 50 capital markets lawyers led by nine partners from smaller rival practice IndusLaw, depleting the latter firm’s capital markets offering entirely. Over the past two weeks, it has continued to aggressively hire partners laterally from competitors such as Luthra and Luthra Law Offices, Trilegal and S&R Associates. More hires will be made shortly, CAM managing partner Cyril Shroff told Law.com International, adding that new partners would be brought in to the firm’s banking and finance, private equity and corporate practices.

Independence Day, Prime Minister Narendra Modi's address from the Red Fort was accompanied by an unusual focus on Leader of the Opposition Rahul Gandhi. Seated in the second last row, Gandhi was positioned next to Olympic hockey forward Gurjant Singh. This seating arrangement, which deviated from traditional protocol, has generated considerable social media discussion. Seating Protocol and Changes Typically, the Leader of the Opposition in the Lok Sabha, whose rank is equivalent to that of a Cabinet Minister, is given a seat in the front row during Independence Day celebrations. However, this year’s front rows were allocated to Olympic medallists. Olympic gold medalists Manu Bhaker and Sarabjot Singh, as well as members of the bronze-winning hockey team, including captain Harmanpreet Singh and PR Sreejesh, occupied these prime seats. According to sources from the Ministry of Defence, which organizes the Independence Day event, Rahul Gandhi was placed in the fifth row as the front rows were reserved for the athletes. The Ministry stated that Gandhi did not request any special arrangements.

Sonata Software, a mid-tier IT company, has lost 18% in August so far after the company’s subdued June quarter performance due to delay in large deals. While it is likely to face challenges in the current quarter as well, Sonata expects to post better numbers in the second half of the current fiscal year given a strong order book. Given the slower momentum in the first half of the year, analysts have reduced the estimated earnings growth rate for the full year.

As many as 27.8% of undergraduate (UG) medical students and 15.3% of post graduate students (PG) suffer from mental health disorder, says a survey conducted by India’s apex medical education regulator. Of the 37,962 participants surveyed by the the National Medical Commission (NMC), 16.2% UG students and 31.23% PG students have suicidal ideas. The reasons for such mental health disorders include the pressure of paying educational loans and debt (32.7%), students facing ragging (18%), sub-par hostel facilities (41.6%), and lack of privacy (33.7%).

Former Chair of the Council of Economic Advisers Kevin Hassett reacts to former President Trump outlining his economic agenda in North Carolina on Kudlow.

No consumer durable purchase is a more powerful marker of upward mobility than car ownership. Air conditioners, washing machines, etc, tend to be utility purchases. The car one owns, in contrast, is not just far more publicly visible, it is a status symbol in India.

HONOLULU (AP) — Wallace “Wally” Amos, the creator of the cookie empire that took his name and made it famous and who went on to become a children’s literacy advocate, has died. He was 88.

The Caisse de dépôt et placement du Québec posted a 4.2 per cent return on its investments for the first half of this year, driven mainly by good performance in tech stocks and solid returns from its infrastructure portfolio, but coming in below its overall benchmark.

Kalpataru has filed its Draft Red Herring Prospectus (DRHP) with the market regulator, the Securities and Exchange Board of India to raise funds via the initial public offering (IPO) route. The IPO will be a fresh issue of Rs 1,590 crore, with each share bearing a face value of Rs 10.

DengiAll is developed by the Indian pharma company Panacea Biotec and has shown good results in initial trials. Panacea Biotec is working with the Indian Council of Medical Research (ICMR), India’s top health research body, to conduct this trial. The goal is to see how well DengiAll works compared to the current standard treatments. The trial will involve 10,335 healthy adults and will be conducted at 19 locations across 18 states and Union territories. The ICMR is funding the trial.

Reintroduced indexation for property disallows loss offsets, excludes NRIs Real estate buyers get tax breaks on both the loan used to buy the property and income earned from it, i.e, rent. On a let-out house, the full interest paid towards home loan can be deducted. In the case of a self-occupied or an empty house (not rented out), interest up to ₹2 lakh can be deducted.

Independence Day, it’s important to set yourself free from unhealthy food habits and switch to healthier alternatives. Although not a common ingredient in Indian kitchens and not considered as alluring as aloo parathas, as savoury as samosas, or as crunchy as pakoras, oatmeal can give many staple Indian dishes a run for their money when it comes to nutrition profile.

Prime Minister Narendra Modi on Thursday called upon Indian professionals to lead the global gaming market and help establish the country as a global leader in the industry. In his address during the 78th Independence Day celebrations here, the prime minister emphasised the need for Indian talent to dominate not just in gaming but in game production as well by leveraging the country's rich cultural heritage. Asserting that those who create and produce games are largely foreigners, he said he sees that a huge market has emerged in the world of gaming. «India has a rich heritage, and we can bring talent into the gaming world. We should attract everyone to our gaming sector, and I want Indian children and youth to lead the gaming industry,» Modi said.

LightShed Ventures partner Rich Greenfield unpacks the amusement parks earnings on The Claman Countdown.

Nanotronics is a science and technology company that manufactures real things, not just ideas. Think of factories and you tend to think of mass and mess: crowds of people doing low-paid work amidst noise and pollution. Nanotronics is the opposite: There are only a handful of people around and everything is neat and tidy — and pin-drop quite (except, presumably, when the Steinway is played). Nanotronics specializes in applying AI to the manufacturing process in order to eliminate defects and reduce waste. The company designs and produces machines that can detect miniscule variations in products and processes. This means that it depends on having researchers and technicians working side by side. It also produces what it calls “Cubefabs,” modular chip manufacturing facilities that Nanotronics then ships around the world. “We like to build things in city centers,” says Williams.

Investment management firm Vanguard Group on Wednesday bought more than 11.4 million units in REIT firm Nexus Select Trust for ₹158 crore through open market transactions, while Morgan Stanley sold its stake in the company. Nexus Select Trust is India's first real estate investment trust (REIT) backed by retail properties.