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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
2 mins read
The next big market for weight-loss drugs: children
Novo Nordisk's weight loss drug, Saxenda, helped children ages six to 11 reduce their body mass ind…
Shubhangi Goel
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…
1 min read
Ally Financial plunges 19% after CFO says its borrowers are struggling
"Our borrower is struggling with high inflation and cost of living, and now more recently, a weaken…
Matthew Fox
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
2 mins read
SEBI bans industrialist Anil Ambani and 23 entities associated with him for trading in stock markets for 5 years
This final order of the market regulator comes after a thorough investigation of allegations, which…
ANI
4 mins read
Markets hit new milestones, robust surge in active traders as investor numbers soar
According to a report by the National Stock Exchange (NSE), out of the 9.7 crore registered investo…
5 mins read
Five gifts you can give to yourself, friends, or family, towards achieving financial independence
Ahead of India's 78th Independence Day, find out how a professional achieved financial independence…
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
4 mins read
With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?
Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…
2 mins read
Elon Musk's Twitter takeover has ended up as the worst buyout deal for banks since the financial crisis
The WSJ reported on Tuesday that the debt for Musk's Twitter purchase has been stuck on banks' bala…
Jennifer Sor
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…
3 mins read
Banks write off loans worth ₹9.90 lakh crore in last 5 financial years
"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…
PTI
1 min read
'Unbelievable demand' for weight-loss drugs sends Eli Lilly stock soaring 14% after earnings
"We just see unbelievable demand, and we're not even trying that hard to promote this drug. We're n…
Matthew Fox
3 mins read
Stock market closing: Sensex, Nifty end the day in green, Tech Mahindra, Bajaj Finance amongst top gainers
Out of the 2,834 stocks traded during the day, 1,960 saw advances, while 796 others saw decline. …
2 mins read
The market is flashing signs of a dangerous debt bubble with losses that could be 'contagious,' economist says
US stocks could be seeing one of the most problematic types of asset bubbles, according to one Gold…
Jennifer Sor
2 mins read
Treatment with UV light could be the newest fat-loss technique to help obese patients lose weight!
India saw a weight-loss surgery every half hour in 2019, as per a Lancet study. The country has wit…
2 mins read
Market Morning: Except for FMCG, consumer durables, sectoral indices open in red
During early morning trade, IndusInd Bank, Cipla, Tata Steel, Adani Ports and and SBI lost signific…
2 mins read
The 'Trump dump': The presidential hopeful causes deep stock losses in companies and industries he targets, researchers say
Trump's re-election could be 'perilous' to stocks, given his economic policies, three researchers s…
Jennifer Sor
2 mins read
An ultra-safe corner of the commercial real estate debt market is seeing losses as the sector struggles
Commercial mortgage bonds backed by high-quality properties are showing signs of distress as the ma…