Finance

The iconic Lutyens' Delhi bungalows, homes to Union Ministers, are getting pricier to maintain. An RTI query has revealed that the annual expenditure on their renovation, furnishing, and repair soared to a record ₹92.35 crore in 2025-26. This figure is more than triple the ₹27.47 crore spent in ... Read full article.

Bitcoin is making headlines again, soaring past the $75,000 mark for the first time since May, continuing its remarkable crypto surge. The flagship digital currency has seen an impressive 20% weekly gain, signaling a strong return of investor optimism to the market.Several factors are being ... Read full article.

Gold prices are shining brightly, continuing their upward climb and sparking a fresh debate among investors: is it the right time to buy? The Multi Commodity Exchange (MCX) Gold October futures are currently trading with a strong bullish bias, holding steady near the impressive mark of ₹1,60,900. ... Read full article.

London, UK, Tottenham Hotspur are making a massive statement in the transfer market, agreeing an £85 million deal with Manchester City for Brazilian winger Savinho. This blockbuster signing is set to catapult Spurs' summer spending beyond the £300 million mark, signaling an ambitious overhaul under ... Read full article.

Despite aggressive measures by Treasury Secretary Scott Bessent, interest rates experienced an unexpected rebound on Thursday, signaling that Wall Street investors remain deeply concerned about the burgeoning government debt, heavy borrowing by big tech firms for AI development, and the Federal ... Read full article.

Despite concerted efforts by Treasury Secretary Scott Bessent to rein in longer-term borrowing costs, interest rates saw an unexpected rebound on Thursday. This development signals persistent worries among Wall Street investors regarding burgeoning government debt, heavy borrowing by prominent tech ... Read full article.

Bitcoin has once again captivated the financial world, inching closer to the significant $70,000 mark for the first time since early June. This remarkable surge follows a pivotal week where former President Donald Trump hosted crypto executives at the White House and strongly advocated for the ... Read full article.

India's market regulator, SEBI (Securities and Exchange Board of India), has taken decisive action against alleged manipulation in the Sensex Closing Auction Session (CAS), banning two entities and impounding nearly ₹3.68 crore in illicit gains. The crackdown targets Coptthall Mauritius Investment ... Read full article.

New Delhi, Finance Minister Nirmala Sitharaman has unveiled a significant initiative aimed at integrating young Indians into the formal banking system. Speaking at the PSB Confluence 2026 in New Delhi, Sitharaman called upon public sector banks to roll out a dedicated month-long ‘Banking For Youth’ ... Read full article.

The much-anticipated Initial Public Offering (IPO) of Symbiotec Pharmalab is generating significant buzz, not just for its market debut but for the staggering returns it promises to its early investors and promoters. At the upper end of the IPO price band of Rs 988 per share, promoters are looking ... Read full article.

A new report from Lloyds’ Invest Wise account has revealed a fascinating trend in the financial world: young female investors, aged 18 to 25, are building significantly larger investment portfolios compared to their male counterparts. The analysis, based on data as of April 30, shows that the ... Read full article.

Indian benchmark indices, the Sensex and Nifty, managed to pare some of their earlier losses today but ultimately remained in negative territory. This cautious sentiment was reflected across the broader market, with a significant number of stocks declining. Of the 4,538 scrips traded on the BSE, ... Read full article.

Berkshire Hathaway, the investment powerhouse based in Omaha, Nebraska, made some significant strategic moves in the second quarter, dramatically increasing its stake in Google’s parent company, Alphabet, and expanding its presence in the homebuilding sector. The conglomerate, now led by CEO Greg ... Read full article.

For senior citizens, fixed deposits (FDs) remain a cornerstone of financial planning, offering a sense of security through predictable returns and capital protection. However, navigating the landscape of varying interest rates across different banks can significantly impact the maturity amount over ... Read full article.

The S&P 500 index closed lower on Friday, putting an end to its recent streak of gains. Investors found themselves navigating a mix of disappointing economic data and concerns over high valuations in the tech sector, particularly among AI-related stocks. The index dipped from its record high as new ... Read full article.

The Indian markets, after navigating a period of volatility, appear to be consolidating, potentially forming a robust foundation for their next significant upward movement. This is the optimistic outlook shared by Gaurang Shah, Senior Vice President at Geojit Investments, who points to several key ... Read full article.

In a significant move to enhance market integrity, the Securities and Exchange Board of India (SEBI) Chair has vigorously defended the new Closing Auction Session (CAS), emphasizing its role in making closing prices more transparent and effectively curbing market manipulation. This microstructure ... Read full article.

In a significant development for the Indian capital markets, global financial giant UBS has revised its rating for Multi Commodity Exchange of India Ltd (MCX) shares to a 'Buy' from its previous 'Neutral' stance. This upgrade comes with a substantially raised target price of Rs 3,800, signaling ... Read full article.

Trump Media & Technology Group (TMTG), the company behind Truth Social, saw its stock plummet by 8% on Monday, erasing two weeks of gains and hitting a new two-week low. This downturn comes as the company announced a significant $238 million loss in the second quarter, marking a challenging period ... Read full article.

Truth Social, the social media platform backed by former President Donald Trump, is experiencing a challenging summer, marked by a significant plunge in user traffic and a concurrent drop in its parent company's stock value. Reports indicate that online traffic to Truth Social plummeted by ... Read full article.

Retail investors in SpaceX have initiated a significant shift in their holdings, selling $4.5 million worth of shares as of August 7. This marks the first time since the company's initial public offering (IPO) that there's been a net outflow from individual investors, signaling an end to what was ... Read full article.

India's Initial Public Offering (IPO) market is experiencing a significant transformation, with investors becoming increasingly discerning, according to a recent report by Grant Thornton Bharat. While FY26 saw a record-breaking ₹1.9 lakh crore raised, the market is moving away from the speculative ... Read full article.

Berkshire Hathaway, the conglomerate led by CEO Greg Abel, has made significant moves in the second quarter, actively deploying its massive cash reserves. The company successfully reduced its cash hoard to $365.5 billion, signaling a more aggressive capital allocation strategy under Abel's ... Read full article.

The Indian government has stepped in to clear the air regarding potential charges on the widely popular Unified Payments Interface (UPI) network. In a significant announcement on Saturday, August 8, 2026, the government confirmed that consumers will continue to enjoy free UPI transactions, putting ... Read full article.

The Monsoon Session of the Delhi Assembly kicked off with immediate controversy, as the Opposition, led by the Aam Aadmi Party (AAP), vocally criticized the absence of a Question Hour. AAP MLA Sanjeev Jha expressed frustration, highlighting that legislators had submitted questions without the ... Read full article.

Many businesses that paid tariffs during the Trump administration are now selling their rights to future refunds to third parties, opting for immediate cash infusions rather than waiting for the uncertain timing of full reimbursements. This trend follows the Supreme Court's ruling against the ... Read full article.

Shares of the popular food delivery and quick-commerce platform Swiggy saw a significant jump of nearly 3% on Thursday, trading at Rs 297.25. This surge came after the company unveiled an ambitious long-term growth roadmap during its Capital Markets Day, exciting investors with its bold vision for ... Read full article.

SpaceX, the groundbreaking aerospace company founded by Elon Musk, recently unveiled its first financial results as a public entity, sending ripples through the market. After a monumental initial public offering (IPO) in June that briefly crowned Musk the world's first trillionaire, the company's ... Read full article.

Manila, Philippines, In a landmark shift for the nation's financial landscape, ports billionaire Enrique Razon Jr. has claimed the top spot as the Philippines' richest person, a first for him since his debut on the prestigious list in 2007. The prominent businessman's impressive ascent is largely ... Read full article.

The introduction of the new Closing Auction Session (CAS) has stirred up significant volatility and an unusual divergence between India's benchmark indices, the Sensex and Nifty, leaving many investors perplexed.Market participants, particularly on Tuesday, reported confusion with the new system, ... Read full article.

The Reserve Bank of India (RBI) is gearing up to introduce polymer (plastic) currency notes, with Governor Sanjay Malhotra announcing a target launch by early Financial Year 2028, specifically aiming for April 2027. This significant move, confirmed during a press conference following the Monetary ... Read full article.

Beauty and fashion e-commerce giant Nykaa, operated by FSN E-Commerce Ventures, has once again captured headlines, but for a rather perplexing reason. Despite reporting an impressive more than threefold jump in its Q1 net profit, the company's shares experienced a decline. This unexpected dip has ... Read full article.

This is a significant development in the global real estate sector. UK-based property giant Segro has officially agreed to a colossal £14 billion takeover bid from US firm Prologis. The acquisition marks a major strategic move for both companies and is expected to send ripples through the ... Read full article.

The Indian government is gearing up for a significant financial move, planning to sell up to a 6.5% stake in the Life Insurance Corporation (LIC) through a two-day Offer for Sale (OFS). This major share sale is set to kick off on Tuesday, August 4, 2026, offering shares at a floor price of ₹382 ... Read full article.

AstraZeneca, the Anglo-Swedish pharmaceutical giant, is reportedly in discussions over a monumental £300 billion mega-merger with a prominent US rival. If realized, this audacious move would be recognized as one of the largest deals ever witnessed in the pharmaceutical industry, fundamentally ... Read full article.

Starting August 3, the Indian stock market will see significant changes as the Securities and Exchange Board of India (SEBI) introduces a new Closing Auction Session (CAS) for F&O-eligible stocks and extends trading hours for the equity derivatives segment. These revisions aim to tackle the ... Read full article.

Thangamayil Jewellery, a prominent retailer in the jewellery sector, has seen its shares plummet by nearly 31-32% over the last four to seven trading sessions, sparking concern among investors. This significant decline follows a period where the company had performed exceptionally well, achieving ... Read full article.

The latest data from Venture Intelligence reveals that India's private equity and venture capital (PE-VC) investments have reached an impressive $20.3 billion during January-July this year. While this figure is substantial, it marks a slight decrease of nearly 6% compared to the $21.5 billion ... Read full article.

Sterlite Technologies (STL) shares witnessed a significant surge today, hitting an upper circuit of 5% to reach Rs 620.90. This impressive performance marks a new high for the global tech player, pushing its market capitalization to a robust Rs 30,310 crore. Driving much of this optimism is a ... Read full article.

Global oil prices have seen a significant ease in early trading, following a period where they had reached a two-month high last week. This positive shift comes as reports indicate a sustained pause in attacks between the United States and Iran, offering a glimmer of hope for de-escalation in a ... Read full article.

In a fascinating turn of events on the global wealth stage, Google co-founder Sergey Brin has once again climbed to the position of the world's third-richest person on Forbes' real-time billionaires list. This notable ascent comes despite a significant $255 billion market value wipeout for ... Read full article.

For generations, owning a piece of real estate in India has been a significant aspiration, often involving years of saving, substantial loans, and locking up capital in a single property. Now, Edelweiss Mutual Fund is set to revolutionize this traditional approach with the launch of India's ... Read full article.

HSBC has announced a significant strategic move, offloading its Singapore life insurance arm for a staggering £1.6 billion. The global banking giant has reached an agreement to sell this business segment to Allianz, a prominent player in the global insurance sector, marking a notable transaction in ... Read full article.

Former President Donald Trump has reportedly seen a significant surge in his personal wealth, prompting scrutiny and raising ethical questions about potential conflicts of interest. The increase, which has occurred since his previous term in office, is attributed to ventures in the volatile ... Read full article.

London is buzzing with football news as Chelsea Football Club has officially secured the services of England international Morgan Rogers in a colossal £117 million transfer deal. This record-breaking move not only marks a significant investment for the Blues but also highlights the soaring value of ... Read full article.

The popular prediction market Kalshi has officially launched its new Midterm Elections Hub, promising to deliver an “always-on, real-time picture” of the intense battle for control of Congress this November. This innovative platform allows users to place bets on various political outcomes, from ... Read full article.

Indian financial markets are currently navigating turbulent waters, as a combination of rising crude oil prices and escalating geopolitical tensions casts a shadow over investor sentiment. This confluence of factors is raising significant concerns about potential inflation and its impact on the ... Read full article.

Bandhan Bank shareholders witnessed a significant downturn recently as the bank's shares plummeted by as much as 16% following the release of its first-quarter results. The sharp decline was largely attributed to disappointing financial outcomes and a weaker outlook provided by the bank, leaving ... Read full article.

Football giant Liverpool FC is once again making headlines, this time off the pitch. Reports indicate that British-Indian millionaire businessman Amit Bhatia is leading a consortium expressing keen interest in acquiring a minority stake in the illustrious club. This development has sparked ... Read full article.

Wall Street saw a positive close today as US stocks ended higher, largely propelled by a significant rebound in semiconductor stocks. This surge helped lift major indexes, showcasing resilience even as geopolitical tensions intensified in the Middle East and concerns over tariffs ... Read full article.