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7 mins read

Adani stocks rally adds ₹2.61 lakh crore to group market cap in March so far

The rally in Adani group stocks has been led by the flagship Adani Enterprises, which added over ₹8…

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4 mins read

Indians are borrowing heavily against gold⁠— but it may have been wiser to borrow money to buy the precious metal instead of homes

The average Indian household has been taking on more debt for nearly half a decade now. In fact, de…

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7 mins read

Gold loan providers in India face a rise in robberies as gold prices rise

Five of those robberies happened in 2020, three in the last three months. While this may seem …

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1 min read

Tainted IRS officer gifted Rs 1.75 lakh gold payal to Kerala actress, claims ED

A tainted IRS officer, Sachin Sawant, who was nabbed in June in a money-laundering case, had allege…

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3 mins read

EXCLUSIVE: Muthoot Finance says this year's growth is likely to exceed guidance

In fact, business is going so well that Muthoot Finance could be on track to beat its projected …

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4 mins read

Gold bars, cash, and an air purifier: The 8 alleged bribes Sen. Bob Menendez and his wife took, ranked

The New Jersey senator helped Egypt in exchange for gold bars, a Mercedes-Benz, and other cool stuf…

Jacob Shamsian,Taylor Berman   


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2 mins read

RBI eases gold loan norms — you can now borrow more against gold jewellery

Borrowers can now unlock more value, as their gold jewellery will fetch more money that it did p…

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6 mins read

New age technology companies back in the spotlight after Q3 performance

There’s no end to the woes of new age technology companies. They are in the spotlight yet again, af…

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1 min read

RBI has opened a pipeline of funds for startups, home buyers and green power producers too

The Reserve Bank of India has announced that it has brought in startups under the purview of Priori…

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2 mins read

Personal loans fintech platform KreditBee raises $80 million in Series-D investment round

KreditBee, one of India’s leading fintech platforms, has secured $80 million as a part of its ongoi…

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6 mins read

Dwarf-tossing, 'Duck Dynasty,' and Al Capone's vault: Inside the strange company that effectively controls access to the Titanic

RMS Titanic, Inc. was founded by an unlikely cohort of adventurers in the late 1980s, and now has t…

Katherine Long   


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3 mins read

You can get a loan against your mutual fund investment — Here’s how

To help you understand the idea behind such loans, let’s assume you have a portfolio of ₹5 lakh …

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1 min read

Gold holdings of 3 Kerala companies stand at over 263 tonnes. This is more than Australia's gold reserves

The gold holdings of these three gold loan companies in Kerala grew from 195 tonnes two years ago t…

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1 min read

US stocks trade mixed as investors assess wave of earnings results from big companies

Earnings season has kicked off in earnest. Investors are looking past results from the biggest bank…

Jennifer Sor   


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5 mins read

From precious metals to loans on the brink of default: Investors are flocking to these assets after the coronavirus market meltdown

Distressed debt, gold, and even bitcoin are garnering new interest from analysts and investors alik…

Ben Winck   


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2 mins read

India's gold loan mkt to touch Rs 4,617bn by 2022

New Delhi, Jan 17 () India's gold loan market is expected to reach Rs 4,617 billion by 2022 at a fi…

PTI   


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4 mins read

I'm an associate at SVB. I love the culture of this company, but I'm livid at the failures of management.

An SVB employee shared what it was like inside the bank's downfall and why it was extra disappointi…

Emmalyse Brownstein   


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4 mins read

Why Wall Street's love of data for loans and credit worthiness does not extend to measuring diversity, equity, and inclusion.

Tackling banks' lack of diversity, Elon Musk teased a new website that could rival Twitter, and Ban…

Aaron Weinman   


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2 mins read

Ruchi Soya raises ₹1,290 crore from anchor investors ahead of FPO

Diversified FMCG company Ruchi Soya Industries has raised ₹1,290 crore from anchor investors ahead …

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3 mins read

RBI brings in KV Kamath to set the boundaries for a one-time restructuring of loans

The Reserve Bank of India (RBI) has taken heed to the call of industry leaders and is open to the i…