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Lack of funds stopping you from pursuing higher education? The government can come to rescue

The Indian government launched the PM-Vidyalaxmi scheme to provide financial assistance for higher …

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SEBI mulls measures to facilitate ease of doing business for ESG Rating Providers (ERPs)

Per the paper's proposal, ERPs won't be required to disclose ESG (environmental, social, and govern…

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Centre releases Rs 1.78 lakh crore to states for festive season, with largest shares to Uttar Pradesh, Bihar, and Madhya Pradesh

Among the other states, Andhra Pradesh received Rs 7,211 crore, Tamil Nadu received Rs 7,268 crore,…

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1 min read

A couple took 31 trips to Orlando and vacationed at Walt Disney World using government funds, prosecutors say

An Army contractor got his girlfriend hired for a "no-show job." They then took vacations together …

Lauren Edmonds   


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Union Cabinet approves expansion of agriculture infrastructure fund to boost farm growth and sustainability

In a major effort to enhance agricultural infrastructure across the country and support the farming…

ANI   


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4 mins read

Nirbhaya Fund to Disha Act: What changes has the Indian govt implemented in response to major rape cases in the past?

The Kolkata rape and murder case of a young doctor has sparked outrage, prompting calls for better …

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Investment in equity mutual funds surge 5-fold to Rs 94,151 cr in June qtr amid robust eco environment

The robust gain in the asset base was also replicated in the growth of investors in equity mutual f…

PTI   


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China just announced an $1.4 trillion plan to rescue its local governments

Friday's announcement is the latest in a string of stimulus measures China has taken to turn around…

Huileng Tan   


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Banks and the federal government point fingers as Americans lose billions to online scams

Banks and the federal government are debating the best way to address rampant online scams, which h…

Kenneth Niemeyer   


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6 mins read

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

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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In an all-hands, Intel CEO addresses employee concerns about the US election and CHIPS Act funding

Intel CEO addresses employee concerns on US election impact on CHIPS Act funding, emphasizing bipar…

Helen Li   


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Indian government bonds to be included JP Morgan Govt bond Index from June 28

Indian government bonds are set to be included in the JP Morgan Government Bond Index, Emerging Mar…

ANI   


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Mumbai woman loses Rs 6 lakh to cyber fraud while trying to save Rs 5,000 — here’s how to avoid such scams

What started as a simple attempt to withdraw Rs 5,000 from an ATM ended with her losing Rs 6 lakh t…

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1 min read

Government can take control of all telecom networks in times of emergency under new Telecom Act

The government may take control of the telecom services on the grounds of security, public order, o…

ANI   


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Counting the cost of Spain's hellish floods, the government pledged $11B, local officials want $34B

Spain's Valencia province was hit hard by floods last week. The government has pledged $11 billion …

Thibault Spirlet   


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6 mins read

Why quant giant D.E. Shaw seeks out academics, doctors, and veterans to work at the $60 billion hedge fund

The firm is known for recruiting talent from outside of finance to work at the long-running asset m…

Bradley Saacks   


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The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.

Alaska's Permanent Fund, once funded by oil extraction, is now funded through investment returns, a…

Lakshmi Varanasi   


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EdTech revival? PhysicsWallah raises $210 million, catapulting the firm’s valuation to $2.8 billion

PhysicsWallah secures $210 million in funding, boosting its valuation to $2.8 billion amid challeng…

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Global government borrowing is set to top $100 trillion — and shows no signs of slowing down

Broader support for more public spending, resistance to tax hikes, and spending pressures have driv…

Theron Mohamed   


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India's biggest IPO off to a slow start, subscribed 0.18x on Day 1

Hyundai Motor India allocated 4.2 crore equity shares to these anchor investors at Rs 1,960 per sha…