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2 mins read

Karnataka to present bill mandating 100% reservation for Kannadigas in private firms' C and D grade posts

The Karnataka cabinet has approved a bill mandating 100 per cent reservation for Kannadigas in pri…

PTI   


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Kannadiga reservation quota bill to be taken up in next cabinet meeting to discuss "confusions": K'taka CM

​The Chief Minister posted another message saying that there will be 50 per cent reservation in the…

PTI   


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3 mins read

Indian economy relatively slowed in Q1-FY25, here's what experts have to say

The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…

ANI   


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3 mins read

Sensex, Nifty surge on rally in US markets, foreign fund inflows

The NSE Nifty soared 187.45 points or 0.76 % to 25,010.60. Among the 30 Sensex firms, HCL Technolog…

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1 min read

Highly skilled recruitment must be exempted from job quota bill for Karnataka's own sake: Biocon Chairperson

According to Biocon Ltd Chairperson Kiran Mazumdar-Shaw, the job reservation for locals must not af…

PTI   


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6 mins read

India could emerge as an economic superpower amid dull global economic landscape

IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…

ANI   


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4 mins read

From million-dollar private boxes to carpooling on private jets, here's how billionaires are doing the Super Bowl

Billionaires carpool on private jets and spend exorbitant amounts of money on private viewing boxes…

Madeline Berg   


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3 mins read

Jeff Bezos' 3 private jets are worth $140 million and include 2 Gulfstream G650ERs alongside a hangar in Seattle

Jeff Bezos owns a hangar and three private jets worth over $100 million. The smallest is registered…

Pete Syme   


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1 min read

Companies are issuing tons of debt to pay their private equity owners and their investors

US firms offloaded $8.1 billion worth of junk-rated loans to pay investors last month, surging past…

Yuheng Zhan   


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1 min read

Firms are on a $150 billion debt binge, borrowing at the fastest pace to start the year in 3 decades

Firms took out a record $150 billion in bond-issued debt this month, the most ever recorded in the …

Jennifer Sor   


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1 min read

US stocks rise as private payroll data comes in light, spurring more hope of Fed rate cuts

Markets are pricing in a 62% chance the Fed could cut interest rates by March, according to the CME…

Jennifer Sor   


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2 mins read

India's services sector activity moderates in August; exports expand at record pace

India's services sector activity eased in August but growth rates for new orders remain elevated, …

PTI   


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2 mins read

Big firms are filing for bankruptcy left and right — and it's just the beginning

A growing number of companies sitting on mountains of debt are falling victim to rising interest ra…

Joe Ciolli   


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4 mins read

OPINION: Green finance — need of the hour for net-zero transition — is gaining momentum in Indian economy!

In addition to the government and companies, there is increased interest from banks, NBFCs, venture…

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8 mins read

The messy, high-stakes world of private equity's fossil-fuel dilemma

Giants like Blackstone and Carlyle are aiming to cut emissions. But states' intense ESG divisions c…

Rebecca Ungarino   


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3 mins read

PE investments in real estate decline 17% in 2022 due to inflation, rising interest rates – Knight Frank India

Private equity investments in India’s real estate sector witnessed a 17% decline in 2022 to $5.1 bi…

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3 mins read

Sam Bankman-Fried took 21 private jet trips to and from Washington, and chartered Cessnas to transport Amazon packages to FTX HQ, sources say

Sam Bankman-Fried flew to or from Washington, DC, 21 times on a Learjet 60. FTX political donations…

Pete Syme   


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3 mins read

KKR is investing $150 million into private aviation firm Jet Edge in a deal that will rival NetJets and Berkshire Hathaway

Jet Edge operates a nationwide fleet of Gulfstream and Bombardier aircraft with the investment set …

Thomas Pallini   


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3 mins read

India to grow at 6.4% in FY24 says RBI, projects FY23 growth rate at 7%

The Indian economy is projected to grow at 6.4% in 2023-24, said the Reserve Bank of India (RBI) on…

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2 mins read

Markets may be on a tear this year, but the economy is under the most pressure since 2008 and could still easily fall into recession, research firm says

"Recessions seem more likely than not in most cases," Capital Economics senior global economist Sim…

Jennifer Sor