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E-commerce sales expected to reach ₹1.2 lakh crore this festive season

The festive season is here and e-commerce giants Amazon, Flipkart and other companies have started …

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4 mins read

Economic implications of Lok Sabha Election 2024 results: Would lack of a clear majority for BJP impact India’s growth story?

Less than a week ago, India reported a remarkable GDP growth rate of 8.2% for the fiscal year 2023-…

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1 min read

Elon Musk added over $30 billion to his net worth in a day on Tesla's post-earnings stock surge

Thursday's surge in Tesla stock solidifies Musk's position as the world's richest person with a tot…

Matthew Fox   


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Klarna, the buy-now, pay-later firm, is looking to make a Robinhood-like product for trading stocks, an internal job ad shows

Klarna is recruiting four people to work on a product for customers to buy and sell stocks on its a…

Jyoti Mann   


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Paytm may see profitability in March, two quarters ahead of expectation; Goldman Sachs raises target price

Paytm is expected to be adjusted EBITDA positive in March 2023, two quarters ahead of the estimates…

ANI   


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Rupee tracks buoyant equity markets, rises 7 paise to 83.3/USD

The rupee appreciated 7 paise to settle at 83.30 (provisional) against the US dollar on Friday, fol…

PTI   


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'Bond King' Bill Gross warns stocks are dangerously overvalued — and predicts an economic slump

Stocks look overpriced relative to corporate profits and risk-free assets like government bonds, an…

Theron Mohamed   


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Jeremy Grantham and Bill Gross have warned stocks are overvalued. Wharton professor Jeremy Siegel disagrees: "They are underpriced"

Experts such as billionaire investors Jeremy Grantham and Bill Gross have recently suggested US sto…

Anil Varma   


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1 min read

Bill Gross says he would avoid bonds and 'clearly overvalued' stocks even after massive sell-off

"I'd pass on stocks and bonds in terms of future total returns," Bill Gross wrote, while outlining …

Aruni Soni   


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India Internet GMV hits $65 billion in 2020,says report

The overall India Internet gross merchandise value (GMV) grew to $65 billion in 2020, and is now cr…

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2 mins read

ITC is relying on its advisory app for farmers, valued-added crops to grow its agri-business

The Indian agriculture sector is ‘seriously’ threatened by climate change and population explosion,…

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1 min read

28% GST on face value in casinos, online gaming, horse racing will increase revenue collection: FM

Finance minister Nirmala Sitharaman on Tuesday said the 28 per cent GST on full face value of suppl…

PTI   


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Small online sellers set to push their ad budgets higher this festive season

With opportunity comes responsibility, Winston Churchill had once famously said and India’s online …

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4 mins read

Rupee may hit 80/$ aided by trifecta of softer rates, cooling crude and stronger macros, say analysts

The Indian rupee could be headed towards 80 against the US dollar, according to analysts, as a conf…

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'Bond King' Bill Gross snaps up battered Western Alliance and PacWest shares despite regional bank turmoil

Bill Gross reasoned his purchases of battered regional bank stocks in their cheap prices and the bi…

Zahra Tayeb   


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Billionaire 'Bond King' Bill Gross is betting on the pound to gain against the dollar

The PIMCO cofounder said the gaping US trade deficit, and a premature end to the Federal Reserve's …

Theron Mohamed