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Wall Street hovers near record highs as the Federal Reserve initiates a significant interest rate cut to stave off a recession. The S&P 500 remains nearly unchanged, with slight movements in the Dow Jones and Nasdaq. The Fed aims to support the slowing economy and job market while carefully managing inflation risks. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/I68camT >

Federal Reserve Governor Michelle Bowman dissented on an interest-rate decision for the first time since 2005, opposing a 50 basis point cut in favor of a quarter-point reduction. Her stance reflects concerns about easing too quickly and highlights ongoing internal debates within the Fed over monetary policy amidst economic challenges. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UfaSebs >

US Federal Reserve Meeting: The US Federal Reserve has cut interest rates by 50 basis points, the first reduction in over four years, aiming to reverse restrictive economic conditions. Policymakers expect further rate cuts, targeting a range of 4.25%-4.50% by year-end as inflation nears the 2% goal and unemployment rises. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2gF1aQn >

Subhadra Yojana in Odisha provides women with Rs 10,000 annually in Central Bank Digital Currency (CBDC). Launched by PM Narendra Modi, the scheme ensures direct deposits into beneficiaries' bank accounts without intermediaries. Linked to RBI's digital currency pilot, the digital rupee can be spent using UPI QR codes or transferred to bank accounts. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/RHbCLEv >

Snap Inc introduced its fifth-generation AR spectacles at the Snap Partner Summit in Los Angeles. These lightweight glasses feature a new OS, hand gesture controls, and virtual console capabilities. Initially available to developers for $99 monthly, they promise advanced AR experiences with partnerships including OpenAI, Lego Games, and Niantic. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/yUOE73g >

In the heart of Athens, where ancient history blends seamlessly with modern vibrancy, lies the  Gatsby Hotel , a stylish retre ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/TILKmgz

Baba Kalyani, chairman of Bharat Forge, disputes his brother Gaurishankar's claims regarding their late mother Sulochana's will. Gaurishankar alleges Baba coerced her into making a favorable 2012 will. The Pune civil court must now assess the validity of both the 2012 and 2022 wills to settle the inheritance dispute. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/pVq9LEW >

Boeing plans to freeze hiring, reduce travel, and potentially implement temporary layoffs amid a factory workers' strike. The company is facing financial challenges and aims to cut costs. Approximately 33,000 workers are striking after rejecting an offer with pay raises, demanding higher increases and the restoration of bonuses. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/C52dc6o >

Baba Kalyani and his younger brother Gaurishankar are engaged in a legal dispute over their late mother Sulochana's will. Baba seeks to probate a 2012 will, while Gaurishankar presents another from 2022. The case involves significant assets, including properties and shares in the Kalyani Group, with a court hearing expected next month. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/WyfV2N0 >

An inter-departmental committee is proposed to address the rise of online gaming platforms and ensure regulatory compliance. The GST intelligence wing has acted against 118 domestic entities and identified 658 offshore ones for non-compliance. Legal clarity on a 28 per cent tax rate exists, but enforcement is still difficult. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tCVg0P1 >

Sebi has exempted Spice Healthcare from making an open offer to SpiceJet shareholders upon acquiring additional shares, with conditions including a longer lock-in period. SpiceJet also announced new board appointments as it aims to bolster its financial health and meet various obligations. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7qNiaK2 >

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Nestled on the tranquil island of Folengandros, Greece, the newly unveiled five-star  Gundari   property is the epitom ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/2kG7hVr

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US presidential contender Donald Trump plans to hike import tariffs if re-elected, potentially driving up cargo rates and inflation. His proposal includes blanket tariffs of 10% to 20% on most imports and higher rates on Chinese goods. Experts warn this could lead to increased consumer costs and disrupted supply chains. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/4WJxpuy >

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The Telecom Regulatory Authority of India (Trai) and the Department of Telecom have disconnected over 1 crore mobile connections to tackle pesky callers and fraudsters. They also blocked 2.27 lakh mobile handsets involved in cybercrime and financial frauds. Furthermore, Trai has instructed telecom operators to disconnect entities using bulk connections for spam calls. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/PjvwiYe >

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Those traveling to France will enjoy staying at the new  Le Grand Hôtel Cayré . Located in Saint-Germain-des-P ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/qKUQsMj

Bajaj Housing Finance launched its Rs 6,560-crore IPO, which saw double the subscription on the first day. Ather Energy filed for a Rs 4,500-crore IPO. Shree Tirupati Balajee Agro Trading's Rs 170-crore IPO closed with a massive subscription rate. Gala Precision Engineering listed at a substantial premium after its successful IPO. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hXS0fu5 >

Nitin Gadkari, the road transport minister, indicated that electric vehicles could be subsidy-free within two years as their prices are expected to equal those of petrol and diesel vehicles due to declining battery costs. He emphasized consumer choice and highlighted issues related to fuel import bills and pollution from internal combustion engine vehicles. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/19Bmvn0 >

Ajay Singh, chairman of SpiceJet, may sell over 10% of his stake in the airline as part of a funding round aimed at raising up to Rs 3,200 crore. This move seeks to address financial challenges and operational needs. The funding round is anticipated to be completed by the end of September. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2YIqK0h >

Dalal Street investors will have the opportunity to invest in 16 IPOs next week, aiming to raise nearly Rs 9,000 crore. Bajaj Housing Finance's IPO is the largest at Rs 6,560 crore. Key factors for this surge include substantial investor liquidity and regulatory changes, as noted by Pantomath Capital Advisors. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DmIG1fE >

The Ministry of Skill Development and Entrepreneurship has teamed up with Swiggy to offer skilling and employment opportunities in its food delivery and quick commerce network. This collaboration aims to benefit 2.4 lakh delivery partners and restaurant staff by providing access to online courses, certifications, training modules, and job opportunities through the Skill India Digital Hub (SIDH). from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/6X1iDJV >

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Upon entering the large lodge-inspired grand lobby, guests are impressed by Fairmont Chateau Whistler from the very first steps. With tas ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/FyTbVvX

By Tim Cotroneo Cloudland at McLemore Resort has a backstory that is as good as its accommodations, restaurants, spa, and golf courses. Tucked away on a 2,000-foot elevation in northern Georgia, the resort has become a vacation mag ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/OMZP1U4

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Sebi responded to allegations of a toxic work environment, stating that junior officers were influenced by external elements. The complaints, originating from an anonymous email, called for higher pay and automatic promotions. Sebi defended its performance standards and clarified that most employees supported new productivity initiatives. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/jNAcM61 >

Sebi responded to allegations of a toxic work environment, stating that junior officers were influenced by external elements. The complaints, originating from an anonymous email, called for higher pay and automatic promotions. Sebi defended its performance standards and clarified that most employees supported new productivity initiatives. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8SwJdtF >

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The RBI fosters digital technologies for inclusion and improved customer experience. However, it intervenes when digital lending creates risks or complex structures. Deputy Governor Swaminathan J highlighted issues with peer-to-peer lending practices at a recent banking summit in Mumbai, urging the industry to view regulations as partnerships for a stable financial ecosystem. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Xov0aFd >

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Every tile tells a story. Or at least that’s the situation at the 5-star Bela Vista Hotel & Spa in Portimão on P ... via JustLuxe.com from JustLuxe: LuxuryTravel News https://ift.tt/WLa7wy1

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RBI Governor Shaktikanta Das anticipates that India's GDP growth will meet the projected 7.2% for this financial year, driven by favorable monsoon conditions and higher government spending. The first-quarter growth dipped to 6.7% due to reduced government expenditure related to elections. However, he remains optimistic about achieving the annual projection. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gB2rdlR >