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2 mins read

As earnings season begins, major companies' performance reports to decide market movement in coming days

The earnings result season for Q1 (April-June) 2024 has commenced with major companies set to repor…

ANI   


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2 mins read

Promoters to infuse Rs 1,100 crore in Reliance Infra

The board of the company had on Thursday approved Rs 6,000 crore fund raise plan, of which Rs 3,014…

PTI   


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5 mins read

10 financial scams that shook India: A dive into deception

From Ponzi schemes to bank frauds, the Indian government and investors have fallen victim to many f…

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3 mins read

Klarna only needs half its staff, because AI lets the buy-now-pay-later company 'do much more with less'

In May, the CEO said Klarna had saved millions by "spending less on photographers, image banks, and…

Lian Kit Wee   


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2 mins read

PhonePe Group posts Rs 197 crore profit for FY24

The group has expanded into financial services (insurance, lending, wealth) as well as new consumer…

PTI   


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6 mins read

Maui could soon ban some Airbnbs. Short-term rental owners say it will be financially devastating for them.

Maui could soon phase out 7,000 short-term rentals to address the housing issue. One property owner…

Kelsey Vlamis   


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4 mins read

A Goldman Sachs financial advisor shares 3 strategies for founders preparing to cash in on IPO wealth

An IPO can transform a founder's life overnight by generating a sudden cascade of wealth. A top wea…

Reed Alexander   


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5 mins read

School's out, and parents' financial stress is in

Summer can be a money pit for parents scrambling to keep their kids entertained in July and August.

Dan DeFrancesco   


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4 mins read

Universal basic income: Should the government give ‘unconditional money’ or ‘freebies’ to the poor?

This is where results of the experiment conducted by Sam Altman’s OpenResearch could help shed some…

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2 mins read

Tata Power net profit up 31% to ₹1,189 crore in June quarter

According to the statement, these businesses contributed 84 per cent of the PAT (net profit) in…

PTI   


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2 mins read

Mahindra Q1 net profit rises 20% at Rs 3,283 crore; revenue at Rs 37,218 crore

The company said it recorded the highest-ever Q1 volumes at around 2.12 lakh units, an increase of …

PTI   


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3 mins read

I'm teaching my kids financial literacy and self-compassion. My immigrant parents didn't have the tools to do the same for me.

I'm a mom of two and I'm teaching my kids about financial literacy, emotions, and being self compas…

Susanna Semerdzhyan   


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3 mins read

Following Kotak Mahindra Bank’s strong Q4 numbers, analysts reset stock target up to ₹1,900; Worried about reputation impact than financial, says CEO

Kotak Mahindra Bank’s share prices surged by over 5% on Monday, a day after the leading private sec…

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3 mins read

How 4 possible presidential election results could impact stocks

UBS says a Kamala Harris presidency and split Congress is the most likely outcome, and thinks that …

Filip De Mott   


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2 mins read

Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report

Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…

PTI   


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2 mins read

Tamil Nadu power distribution company increases electricity tariff to cover financial loss

The state power distribution company said that the total financial loss of the Tamil Nadu Power Gen…

ANI   


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2 mins read

Bills and bonds: Financial stress hinders communication among couples, study finds

When it comes to relationships, communication is key. But while ‘money talks’, money-related talks …

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2 mins read

Analyst blasts American Airlines for troubling 'lack of vigor' and action to improve financial performance

JP Morgan analysts criticized American Airlines, which reported a 46% decline in Q2 2024 profits, f…

Benjamin Zhang   


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2 mins read

Stock market closing 11 July: Markets close flat as auto, pharma and healthcare indices lag

India VIX shed 3.03% during the day. Nifty microcap gained, while auto, healthcare, pharma, and rea…