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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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2 mins read

Jeff Bezos' net worth hits all-time high fueled by Amazon shares getting Trump bump

Amazon founder Jeff Bezos' net worth soared to an all-time high of $228 billion on Wednesday, accor…

Sarah Jackson,Madeline Berg   


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1 min read

Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal

As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…

ANI   


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5 mins read

8 of the savviest loopholes wealthy investors use to reduce or avoid capital gains tax

Some of these strategies allow investors to completely avoid paying taxes on their gains.

Laila Maidan   


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2 mins read

Zerodha co-founder Nithin Kamath says bracing for a huge revenue hit even as the company hits ₹8,320 crore revenue in FY24

Zerodha, an Indian financial services firm, is preparing for a potential revenue decline due to upc…

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6 mins read

See the 95 executives Goldman Sachs tapped to join its exclusive partnership — a record high under David Solomon

Goldman's 2024 partner class reflects growth in dealmaking and wealth management. A record 26 women…

Reed Alexander   


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5 mins read

Kamala Harris' tax plan for small businesses sounds like it will cost a lot of money — it won't

The proposal may represent an opportunity for bipartisan agreement, as experts told BI that neither…

Alice Tecotzky   


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6 mins read

Budget 2024-25: New tax regime sweetened by FM, hikes standard deduction to Rs 75,000

​More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…

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4 mins read

The top 5% will benefit from Trump's tax plans while the rest of America pays more, a new analysis says

Trump's proposed tariffs could hurt lower earners' wallets, while extending the former president's …

Juliana Kaplan,Ayelet Sheffey   


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3 mins read

GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums

O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…

PTI   


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2 mins read

Important dates to remember while filing your ITR this time!

13 days from now, i.e., 31st July 2024 is the last date for salaried individuals, non-resident Indi…

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3 mins read

Wondering which ITR form is right for you? Know all about it here

It's time to file your ITRs! While the deadline is 31st July, it's best to not put off filing your …

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2 mins read

AMFI Data: Debt funds see major outflows, thematic cap funds attract Rs 22,351.69 crores in June 2024

​Liquid funds saw the maximum outflows of Rs 80,354.03 crores. This is generally attributable to in…

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3 mins read

Why are so many Indians renouncing their citizenship from Delhi, Punjab, and Gujarat?

There has been a recent surge of Indian citizens renouncing their citizenship. What factors have le…

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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

Bill Gates says the rich would be a lot poorer if he set taxes — but banning billionaires isn't on his agenda

Bill Gates said the wealthy would be worth a third as much if he designed the tax system, but unlik…

Theron Mohamed   


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2 mins read

FPIs turn net sellers; withdraw Rs 13,400 crore from equities in August

After infusing money during the last two months, foreign investors have turned net sellers as they …

PTI   


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3 mins read

Economic Survey shows India's energy needs to grow 2.5x, healthy growth in formal employment

Over the last decade, the manufacturing sector managed to mark an average annual growth rate of 5.2…

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6 mins read

How a Seattle couple achieved financial independence in their mid-30s with a net worth over $4 million — and why they don't want to retire early

Mai-lan Phan and her husband Ryan Wagoner achieved financial independence with a net worth over $4 …

Noah Sheidlower   


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3 mins read

Time to push divestment of state-owned banks, says SBI report

With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…

PTI