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Kamala Harris ' campaign announced Friday that it raised $310 million last month, an eyepopping sum showing that donors who once seemed spooked about the prospects for November's election with President Joe Biden are now offering mountains of cash to boost his former No 2. The haul by Harris, the Democratic National Committee and affiliated entities far outpaced Republican former President Donald Trump, whose campaign and assorted committees said they took in $138.7 million for July.

NASA) effort to the International Space Station (ISS), the Human Space Flight Centre (HSFC) of Isro has entered into a Space Flight Agreement (SFA) with NASA-identified service provider Axiom Space, for its upcoming Axiom-4 mission to the ISS. The India-US joint statement during the official state visit of Prime Minister Narendra Modi to the US in June last year envisioned a joint Isro-NASA effort to the ISS. «A National Mission Assignment Board has recommended two Gaganyatris as prime and backup Mission Pilot for this mission,» Isro said, in a statement on Friday. These are Group Captain Shubhanshu Shukla (Prime) and Group Captain Prasanth Balakrishnan Nair (Backup). The assigned crew members will be finally approved to fly to the ISS by the Multilateral Crew Operations Panel (MCOP). The recommended Gaganyatris will commence their training for the mission from the first week of August. During the mission, the Gaganyatri will undertake selected scientific research and technology demonstration experiments on board the ISS as well as engage in Space outreach activities.

Hiring in the U.S. slowed significantly last month, with information and financial sectors registering job losses.

NIIT on Friday reported a three-fold rise in its consolidated net profits at Rs 7.75 crore in the June 2024 quarter. It had reported a net profit of Rs 2.18 crore in the year-ago period. Revenue from operations for the quarter under review came in at Rs 82.47 crore, up 31.86 per cent from Rs 62.54 crore in the corresponding quarter of the previous fiscal.

Employers added just 114,000 jobs in July, the U.S. Labor Department reported, and the unemployment rate rose to 4.3%. The data pointed to an unexpected deterioration in the labor market that had held up surprisingly well during the Fed's aggressive rate-hike campaign.

Eris Lifesciences on Friday said its consolidated profit after tax declined by 4.5 per cent year on year to Rs 89 crore for the quarter ended on June 30, 2024. The drug maker had reported a profit after tax of Rs 94 crore in the April-June quarter of the last fiscal. Revenue rose to Rs 720 crore for the first quarter of 2024-25 from Rs 467 crore in the year-ago period, Eris Lifesciences said in a statement.

Congress leader Jairam Ramesh on Friday submitted a notice to move a privilege motion against Union Home Minister Amit Shah, alleging that he «misled» the Rajya Sabha by his emphatic statements on early warnings issued by the Centre to the Kerala government ahead of the Wayanad landslides «which have been proven to be false». Ramesh, who is the Congress' chief whip in the Rajya Sabha, said in his letter to Chairman Jagdeep Dhankhar that in his response to a Calling Attention on the Wayanad landslides in the Rajya Sabha on July 31, 2024, the home minister made several claims on early warning systems and how they were not utilized by the Kerala government inspite of alerts issued by the Union government well ahead of the tragedy. «These claims have been extensively fact-checked in the media. One such detailed fact-check published in The Hindu dated August 2, 2024 is attached,» Ramesh said in his letter, which was also signed by Congress' deputy leader in the House Pramod Tiwari and senior leader Digvijaya Singh.

Bilt Rewards, the customer-loyalty program provider that converts rental payments into points for airline miles, hotel stays, restaurant meals and other perks, has raised US$150 million in additional equity funding led byOntario Teachers’ Pension Plan. 

According to interactive investor's monthly platform data, Helium One Global has been one of the most bought small-cap stock so far in 2024, and was the second most popular equity buy in July among its retail clients. The helium providers' share price doubled at one point last month. Victoria Scholar, head of investment, said its popularity was down to investors getting increasingly «excited» by the firm's announcement that it was moving ahead with its extended well project in Tanzania. Friday Briefing: Even one of the Nasdaq's worst days is still not enough to put investors off US te...

In the span of two days, three more lawsuits have been brought against brokerages over their cash sweep rates, including two cases against Wells Fargo and another against LPL.

With several months to go before the election, there is ample time for the markets to swing one way or the other.

Almost half the financial advisors in the market are over the age of 55, and within a decade of their own retirement. It’s a simple demographic fact that seemingly bodes well for young talent seeking to enter the wealth management business. Less advisors above them means more room for career growth, right?

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MUMBAI : In Currency and Finance report for 2023-24, the Reserve Bank of India (RBI) points out that digitalization is disrupting the jobs landscape in the financial sector and driving out middle-level banking staff. This comes even as digitalization is expected to constitute a fifth of India's gross domestic product (GDP) by 2026, doubling from 10% at present. The central bank also flagged potential challenges related to digital upskilling and the required employee adaptability.

Read this | Coal India: A diamond in the rough? The change in accounting policy pertains to stripping activity or overburden removal, with related provisions being written back to the income statement. This reclassification has led to a significant revision in earnings estimates. “On the basis of our operational forecasts as well as incorporating the revised accounting policy for stripping cost, our Ebitda and EPS estimates increase by 15% and 14% respectively, for FY25," said analysts at Emkay Global Financial Services.

Marico Ltd. slipped 0.88 per cent to Rs 668.95 in Friday's trade as of 11:31AM (IST). It hit a high of Rs 677.0 and low of Rs 666.3 during the session. The stock quoted a 52-week high price of Rs 690.95 and a low of Rs 486.75. The return on equity for the stock stood at 38.64 per cent. About 12,724 shares have changed hands on the counter so far.

FMCG major ITC surged by a little over 1% on Friday to the day’s high of Rs 499.35 on BSE after the firm’s first-quarter net profit was reported at Rs 4,917.45 crore, which was a marginal uptick from a year ago’s net profit of Rs 4,902.74 crore. The profit after tax was below Street's estimates of Rs 5,122 crore.

Apple said its third-quarter iPhone sales were better than expected and forecast more gains on Thursday as it bets on artificial intelligence to attract buyers, even as its overall China business disappointed. Shares of the company rose nearly 1% in extended trading, outperforming other tech stocks that were broadly lower. Apple is expected to launch this fall what analysts have called the biggest software upgrade for the iPhone. It includes artificial intelligence features and comes at a time when rivals such as Samsung have been quicker to roll out similar services.

Packaged consumer goods maker Dabur India on Thursday reported 8.27% rise in consolidated net profit at₹494.35 crore for the quarter ended June 2024, meeting analyst estimates. The maker of Real juice and Vatika shampoo reported that rural demand outpaced urban demand by 350 bps in the quarter, even as an overall challenging demand environment marked by high food inflation persisted.

Congress MP Rahul Gandhi claimed on Friday that the Directorate of Enforcement (ED) was planning a raid on him following his 'Chakravtyuh' speech in the parliament on July 29. The Congress MP said that he was 'waiting with open arms' after ED 'insiders' told him that a raid was being planned. In a post on X, Rahul Gandhi said, «Apparently, 2 in 1 didn't like my Chakravyuh speech. ED 'insiders' tell me a raid is being planned. Waiting with open arms, @dir_ed. Chai and biscuits on me.»

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