6 min read Last Updated : Aug 25 2024 | 10:52 PM IST By Vince Golle and Andrew Langley US inflation figures in the coming week will reinforce that long-awaited interest-rate cuts are coming soon, while a reading on consumer spending is seen indicating that the central bank has been successful at keeping … Read more
The central government’s Great Nicobar development project, proposed around an unprecedented transhipment port, will be executed to keep environmental impact minimal, and is essential as it is of national importance, the government has said amid calls to abort the controversial project due to ecological concerns, the Centre said in an official statement. Union … Read more
In the dynamic world of startups, a rare breed emerges now and then—unicorn startups. These extraordinary ventures have captivated the business world, capturing our imaginations with exceptional achievements. India, with its vibrant entrepreneurial spirit and booming startup ecosystem, has witnessed the rise of numerous unicorn startups that are revolutionising industries, reshaping markets, and making their … Read more
In January this year, ONGC had started producing oil, which is converted into fuels like petrol and diesel.Photo: Twitter 5 min read Last Updated : Aug 25 2024 | 1:26 PM IST State-owned Oil and Natural Gas Corporation (ONGC) on Sunday said it has opened another well on its flagship deep-sea project in Krishna … Read more
Index funds are a kind of mutual fund or exchange-traded fund (ETF) which looks to replicate the performance of a certain market index, such as the Nifty or the S&P 500. Top 10 index funds in India offer a diversified portfolio of stocks or bonds at a low cost because they passively track an index’s … Read more
A stock exchange serves as a marketplace where individuals can buy and sell shares of companies. And the “timings of stock exchanges” refer to the specific hours these exchanges open, allowing investors to trade shares. With the amount of access all of us, especially traders, now have to markets globally, we now have the opportunity … Read more
The turmoil reignited concerns about the stability of the global financial system, underscoring critical issues surrounding deposit behavior and interest-rate risks. Image: Shutterstock In March 2023, the U.S. experienced its biggest banking failure since the 2008 global financial crisis. Several banks — including a major lender in the tech industry and a bank of global … Read more
Crompton has manufacturing plants in Gujarat (pictured here), Goa, Maharashtra and Himachal Pradesh When Colonel REB Crompton established Crompton in 1878, little did anyone imagine that the brand would survive for 146 years to become a household name in the 21st century. It all began in 1947, when industrialist Karamchand Thapar of the Thapar Group—known for … Read more
Since 2022, however, Boeing’s defence and space division has stumbled too, losing $6 billion slightly more than the airplane side of the company in the same period | (Photo: PTI) 5 min read Last Updated : Aug 25 2024 | 7:07 AM IST NASA’s announcement on Saturday that it won’t use a troubled Boeing … Read more
Mutual funds pool money from various investors, enabling professional fund managers to make strategic investment decisions. The appeal lies in expert management, diversification to manage risk, and the flexibility to align with diverse financial goals. With options catering to different risk profiles and objectives, mutual funds provide liquidity, allowing investors to buy or sell shares … Read more