Kamala Harris is planning on increasing taxes if she is voted to power in next US national elections, reshaping the way the richest citizens of the nation are taxed, something that has created a divided opinion in the entire country. What would be your thoughts?
The Dow reached a record high on Thursday amid mixed trading following strong U.S. economic data, while Nvidia dropped after its forecast failed to impress investors. The U.S. economy grew faster than anticipated, bolstering expectations of avoiding a recession. Apple rose as Citigroup named it a top AI pick, while other AI stocks saw mixed performance.
Nifty has consistently maintained the 25,000 level, and as long as this support holds, a positive bias should be retained. However, a break below 25000 could lead to weakness towards 24850 or lower, Rajesh Bhosale, Equity Technical Analyst, Angel One, said.
Vice President Kamala Harris, alongside her running mate, Minnesota Gov. Tim Walz, emphasized their focus on supporting the middle class and presented their vision for a new way forward during their first major TV interview. Harris addressed policy reversals and criticism while campaigning in Georgia, with aspirations to make significant inroads in GOP strongholds.
Donald Trump, even though falling behind in the US Presidential Elections 2024 popularity ratings, based on the recently released survey reports, is now trying to push back by garnering the support of Independents, who have chosen to vote for the former President, say polls.
Happy Friday! Zepto has announced another $340 million fundraise, valuing it at $5 billion. More details on this and other updates in today’s ETtech Morning Dispatch.
Aviation watchdog DGCA decided to place SpiceJet under enhanced surveillance that will entail increased spot checks and night surveillance to ensure the safety of the airline's operations.
Equities in Australia and South Korea rose while those in Japan inched up. The MSCI Asia Pacific Index headed for a fourth month of gains as traders awaited a key US inflation report due Friday. Japan’s 10-year bond futures opened lower after data showed inflation in Tokyo quickened in August, backing the case for a further normalization of monetary policy.
Mike Tyson and Jake Paul have always been raring to go against each other but it has always seemed that nature had different plans for them. One of the most anticipated challenges in Tyson's way has been postponed for a long time, and now finally has seen the light of the day in a new avatar. Here's all you need to know about the new dates of the Mike Tyson vs Jake Paul encounter.
Film star Shah Rukh Khan made his debut on the Hurun India Rich list with a wealth of Rs 7,300 crore, fuelled by his stakes in Kolkata Knight Riders and Red Chillies Entertainment Juhi Chawla and family (Rs 4,600 crore), Hrithik Roshan (Rs 2,000 crore), Karan Johar (Rs 1,400 crore), and Amitabh Bachchan (Rs 1,600 crore) are among the others from the film industry.
Lionel Messi was on the sidelines of footballing action due to an ankle injury he had attained during the Copa America final only last month. However, he is looking recovered, while being spotted training with Inter Miami. There are talks that he may return to playing soon.
Incorporated in 2013, Kolkata-based Bazaar Style Retail sells apparel for men, women and children as well as general merchandise across over 162 stores located in 146 cities in nine states. In FY24, 87% of the company's revenues were earned from its stores in West Bengal, Odisha, Assam and Bihar.
HGS CEO Partha DeSarkar cited examples of areas with lower productivity due to staff shortages, and mentioned that HGS is testing AI solutions with clients in areas like conversational AI, loan processing, and document processing.
The expiry of the August derivatives series saw the Nifty 50 index experiencing volatility before closing with a gain of 99.60 points. Reliance Industries could resume its uptrend, supported by technical indicators. JM Financial Services is poised for a breakout, potentially rising by 7% as key resistance levels are surpassed.
According to Mark Samlal of San Francisco-based Deel, a payroll and compliance provider, at least 132 companies looking to hire AI talent in India are facing high salary expectations from candidates. Deel currently serves organisations like BCG, Nike, Forever21, Shopify, Klarna, Reddit and BBC Studios. Its 550 employees in India account for over 13% of its global workforce of 4,000.
To capitalise on new growth avenues, Shiv Nadar-founded IT services company HCLTech is looking to strategically expand its presence in markets like India, Africa, and the Middle East. HCLTech outlined its growth strategies to more than 100 analysts who attended an ‘Investor Day 2024’ meet in Mumbai.
Speaking at the Global Fintech Fest, Manish Gupta, Director of Google DeepMind, Google India, said 73 out of these 125 languages had zero corpus of digital data available.
As of June 30, Tencent Cloud Europe B.V. held a 4.26% stake in the company. Axis Mutual Fund, Mirae Asset MF, Marshall Wace Investment Strategies Eureka Fund, SBI MF and Goldman Sachs (Singapore) PTE-ODI were among some of the buyers.
"Inefficiencies and opacity dog not only the Indian domestic investor; they also impact foreign portfolio investors (FPIs). While India fully moved to a T+1 settlement cycle in January 2023, most FPIs are only able to access their funds from sale of securities on T+2 or later," Sebi whole time member Ananth Narayan said. He was speaking at the Global Fintech Fest.
The institutional demand for Premier Energies was second only to Tata Technologies. In November last year, the ₹3,042.5-crore IPO of Tata Technologies was subscribed 69.43 times, with institutional bidding amounting to ₹1.56 lakh crore.
In February 2022, Rakesh Gangwal, co-founder of India's largest carrier, announced his decision to gradually reduce stake in the company and stepped down from the company's board. This decision followed a two-year-long bitter battle with co-promoter Rahul Bhatia.
Adoption of technology has helped Sebi conduct extensive consultations before coming out with new rules, said Buch. "Imagine if we had tried to do this manually (on analysing the 6,000 comments received). We would have died!," she said
