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2 mins read

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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2 mins read

Singapore Airlines to invest additional Rs 3,195 cr in Air India post-Vistara merger

Singapore Airlines is set to invest an additional Rs 3,194.5 crore in Air India following the Vista…

PTI   


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2 mins read

Stock market ends lower on Monday; Investors eye Hyundai listing and RBI minutes

Bajaj Auto, HDFC Bank, Asian Paints, Mahindra & Mahindra (M&M), and Eicher Motors emerged as the to…

ANI   


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2 mins read

Swiggy IPO subscribed to 2.13 times on last day of the offer

Swiggy's IPO closes today, having received strong interest from QIB and employees. The company aims…

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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

What can you expect from the US Fed meeting later this week? Here's all you need to know

The US Federal Reserve is widely expected to cut interest rates by 0.25% on Thursday, following a l…

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7 mins read

SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how of it

Indian equity futures and options trading has become exceedingly risky, with 91% of individual trad…

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1 min read

Retiree spending helped thwart a US recession. But boomers are losing a key financial advantage.

Spending among retired consumers is slowing down amid weaker boosts to Social Security incomes, Ban…

Filip De Mott   


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1 min read

Stock market rebounds after one-year low; Sensex and Nifty regain ground amid value buying

The Sensex gained 679 points, and the Nifty rose by 186.55 points on Monday.

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3 mins read

Nifty, Sensex in freefall today as Iran mounts attack on Israel. Here's what experts think you should do

The war could throw a huge spanner on India's crude oil import plans. As of August 2024, about 44.6…

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2 mins read

Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal

Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…

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4 mins read

Indian markets ease as profit booking follows record-breaking streak

Market participants were primarily focused on locking in gains after the indices reached record hig…

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2 mins read

Wipro announces 1:1 bonus issue; share surges 4% on the back of strong Q2 results

Yesterday, the company posted a solid 21.2% YoY rise in its consolidated net profits, which stood a…

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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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3 mins read

The economy is facing a 'no-landing' scenario that undercuts the financial relief many Americans hoped for

Robust economic data may mean the Fed has less urgency to cut interest rates, hurting the prospects…

Jennifer Sor   


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2 mins read

Ballooning US debt could cause the next financial crisis and neither candidate has a plan to address it, former FDIC Chair says

Policy proposals from both Trump and Harris would add trillions to US debt, which could hurt invest…

Kelly Cloonan   


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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