Finance

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the government IN FY25 according to a report by Union Bank of India.

Gold is regarded as a reliable hedge against inflation, and for good reason! This reputation stems from its tendency to either maintain or increase in value during periods of inflationary pressure. In fact, this very quality makes gold an attractive option for investors looking to safeguard their wealth from inflation’s detrimental effects.

The rupee was trading in a narrow range against the US dollar in early trade on Friday, as the support from positive domestic equities was negated by...

A judge in Texas is expected to rule this week on a request from credit-card companies to stop a cap on late fees, CNBC reported.

JPMorgan's Mary Callahan Erdoes told Business Insider that there's potential in AI but that employees will have ask the right questions to harness it.

Warren Buffett teased a potential Canada bet, predicted Berkshire would surpass $200 billion in cash this quarter, and shrugged off dollar worries.

The rupee consolidated in a narrow range and settled for the day on a flat note, higher by 2 paise at 83.50 (provisional) ag...

The rupee appreciated 8 paise to 83.44 against the US dollar in early trade on Thursday, as the American currency retreated from its elevated levels....

Wall Street is back in the office, and finance bros are having to ditch the sweatpants. Here's what style experts say they should wear this summer.

State-owned Canara Bank on Wednesday reported an 18 per cent rise in net profit to Rs 3,757 crore during the fourth quarter ended March 2024 on the b...

Warren Buffett ruled out retirement at 65 for his successor, paid tribute to Charlie Munger, and owned up to a costly bet on Paramount.

The rupee settled for the day on a flat note at 83.51 (provisional) against the US dollar on Wednesday, as the support from easing crude oil prices w...

The bank regulator has taken no action on dozens of harassment complaints and moves wrongdoers around, the report says.

The rupee was trading in a narrow range against the US dollar in early trade on Wednesday, amid a negative trend in domestic equities and strong Amer...

Blackstone's real-estate fund, BREIT, boasts assets of $114 billion. But is it a house of cards?

The rupee was trading in a narrow range against the American currency in early trade on Tuesday and appreciated 4 paise to 83.48 against the US dolla...

Stifel told The Times of London it investigated the matter involving two UK-based employees and took "appropriate action."

The Berkshire Hathaway investor says he lost "quite a bit of money" betting on the media company. Let's try to figure out how much that is.

"He should take a position in Tesla. It's an obvious move," Elon Musk tweeted about Warren Buffett on Sunday.

Globally, spot gold at Comex was trading at USD 2,312 per ounce, up USD 11 from the previous close. Gold resumed trading on a positive note as Friday's weaker-than-expected US job market reports have boosted the odds of a September rate cut from the US Federal Reserve. This turned negative for the US dollar and helped the gold price rebound above the USD 2,300 level, Gandhi said.

Jim White shared how he reached FIRE — Financial Independence, Retire Early — and retired at 43.

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sector lender announced its Q4 results. The company reported an 18.22% year-on-year increase in its standalone profit and a 13% increase in net interest income (NII).The shares of Kotak Mahindra Bank rallied 5.34% to rise to ₹1,629.30 from its previous close of ₹1,547.25. The share opened at a price of ₹1,600 and reached a high of ₹1,633 during the day.