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Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato

Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…

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Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans

Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…

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3 mins read

SC to hear plea related to insolvency proceedings against ed-tech firm Byju's on Sept 17

The Supreme Court will hear on September 17 the appeal of US-based creditor Glas Trust Company LLC …

PTI   


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William Edwards   


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4 mins read

A veteran bond operator shares an alpha-generating strategy for dropping yields and muted stock-market returns

Credit markets face challenges, but opportunities exist in corporate bonds and cheap optionality.

Laila Maidan   


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3 mins read

Instagram is rolling out Teen Accounts by default. It's about time.

Instagram will turn on more restrictive settings by default for all users under 18. The "Teen Accou…

Katie Notopoulos   


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An expert in the risks of alcohol drank heavily for years. His 'dry by default' rule helped him drink less, lose weight, and live a fuller life.

Growing evidence is challenging the idea that drinking in moderation is healthy. Here's how the CEO…

Serafina Kenny   


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3 mins read

This one career mistake may be costing you $300,000 in retirement savings. Here's how to avoid it.

A simple 401(k) adjustment fixes the problem and could add six additional years worth of money in r…

Laila Maidan   


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The 3 biggest themes investors are watching for as earnings season kicks off

"We'll need to see EPS expectations exceeded by high single digits in the aggregate to keep the str…

Matthew Fox   


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Chinese property stocks surge after 3 major cities relax restrictions on homebuying

China's property stocks rose 7% Monday after Shanghai, Shenzhen, and Guangzhou eased homebuying rul…

Kelly Cloonan   


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The biggest threat to the US dollar is America's exorbitant debt load, JPMorgan says

The dollar's dominance could be eroded if the US doesn't address certain domestic issues, JPMorgan …

Filip De Mott   


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Bonds backed by commercial mortgages are a 'disaster' as real estate values crumble, hedge funder says

The CMBS market is in trouble, one hedge fund boss says, as loans on offices across the US are at r…

Jennifer Sor   


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4 reasons to snap up muni bonds amid flashing recession signals, according to Charles Schwab

If even the slightest hint of recession fear has you uneasy, Charles Schwab says muni bonds are a s…

Filip De Mott   


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1 min read

Companies around the world are flashing a distress signal not seen since 2009

The number of distressed exchanges, a form of debt restructuring that takes place outside of bankru…

Jennifer Sor   


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The US debt situation looks 'unsustainable,' and corporate defaults are rising, IMF warns

"Under unchanged policies, debt dynamics in the US are very unfavorable," according to the Internat…

Jennifer Sor   


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Rising corporate bankruptcies and debt defaults are another headwind for the economy, experts warn

Bankruptcies and debt defaults are still rising and will peak sometime over the next two quarters, …

Jennifer Sor   


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After outrage, Govt clarifies: tax clearance certificate only for people with tax dues, high-value defaulters

As per section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax cleara…

PTI   


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Dow crashes 1,000 points and the Nasdaq loses 3% as recession fears fuel market panic

A surprise interest rate hike from the Bank of Japan last week sparked a series of margin calls tha…

Matthew Fox