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2 mins read

Nifty, Sensex continue to open flat amid FII sell-off and weak Q2 earning projections

The Nifty 50 and BSE Sensex saw marginal gains, while gains in Nifty FMCG provided some relief.

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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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4 mins read

A former real-estate agent and her husband had to dip into retirement savings to buy a house after being scammed out of $63,000

Laurie and Rich Ramelow fell victim to a scam and lost $63,000 when buying a house in Texas. They h…

Jordan Pandy   


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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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India's digital public infrastructure is transforming country's economic landscape, notes RBI

Built on principles of public good, open access, and regulatory fairness, India Stack has become a …

ANI   


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1 min read

RBI directs all banks to keep branches open till March 31 for annual closing

The central bank has written a letter to all the agency banks that they should keep their designate…

ANI   


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3 mins read

Trump and Biden agree: The US should finally start a sovereign wealth fund

Momentum on both sides of the aisle is picking up to establish an American sovereign wealth fund th…

Lakshmi Varanasi,Katie Balevic   


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3 mins read

Attention! Here's what's changing with your PPF accounts starting 1st October, 2024

Note that if you have opened a second PPF account on or after December 12, 2019, you are not eligib…

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2 mins read

Fund allocations to key sectors and schemes hiked in budget

The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cen…

ANI   


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Budget: Rs 13,539 cr allocated to social justice department, 37% higher than last year

This increase is primarily focused on enhancing welfare programmes for marginalised communities and…

PTI   


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3 mins read

A US Air Force squadron tinkered with the electronic warfare systems on Ukraine's new F-16s so they could fight evolving Russian threats

Electronic warfare has played a prominent role in Ukraine, with both sides using it to mess with en…

Jake Epstein   


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Startups demand angel tax elimination, incentives on investments in upcoming budget

Startups in India have high expectations from this year's upcoming Union Budget. The early-age star…

ANI   


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4 mins read

GOP lawsuits over Kamala Harris using Biden campaign funds or headlining Democratic ballots will all fail, experts say

Republicans may sue over Kamala Harris taking Joe Biden's campaign cash and place on the ballot, bu…

Laura Italiano,Katherine Tang…   


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3 mins read

I threw my son's Xbox out the window. Now, he's a national champion gamer playing for college scholarships.

Sherry Williams was worried about how much time her son was spending playing video games. He is now…

Kelly Burch   


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9 mins read

'My kids can have whatever's left over': the myth of the Great Boomer Wealth Transfer

Boomers hold half of America's wealth — but they're going to spend it on themselves before th…

Ann C. Logue   


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2 mins read

Biden's opaque new weapons deal with Israel violates his own directive on arms transfers, critics say

The US has transferred $320 million in weapons to Israel as its bombardment of Gaza draws war crime…

Tom Porter   


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2 mins read

Global powers have a plan to use $250 billion in frozen Russian funds to help rebuild Ukraine

Russia's frozen assets could be used as collateral in a debt scheme currently considered by the Wes…

Filip De Mott   


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3 mins read

EPFO data shows 2.27 crore new jobs created between FY 2020 to FY 2023

Analysing the Employees Provident Fund Organisation (EPFO) payroll data trends over the past four y…

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2 mins read

Retail inflation eases to 3-month low of 5.1% in January, IIP grows 3.8% in December

Retail inflation eased to a three-month low of 5.1% in January mainly on account of lower food pric…

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2 mins read

15 states mostly led by Republicans refuse federal funds to feed hungry children during the summer months

Several Republican-led states told BI they have existing programs to feed children during the summe…

Katie Balevic