Latest Updates Around The World
The top 100 wealth creators achieved a five-year CAGR of 38%, far above Sensex’s 21% CAGR. Motilal Oswal said this period marks the fastest phase of wealth creation in the thirty-year history of the survey. Airtel and ICICI Bank emerge as the biggest gainers Bharti Airtel tops the list as the largest wealth creator, adding […]
Markets regulator Securities and Exchange Board of India (Sebi) has settled a high-profile case against former CNBC Awaz TV host Hemant Ghai after he paid Rs 1.45 crore as settlement amount. The settlement relates to his show ‘Stock 20-20’, in which a Sebi investigation found that there was a high correlation between Ghai’s recommendations and […]
It helps entrepreneurs manage their portfolios and now it only costs $55 for life. Disclosure: Our goal is to provide products and services that we think you will find interesting and useful. If you purchase them, Entrepreneur may receive a small share of the revenue from sales from our retail partners. According to Yahoo Finance, […]
Indian shares closed higher on Friday, with the Sensex and Nifty reversing an early lull, as financial and auto stocks, usually sensitive to interest rate moves, led the advance after the Reserve Bank of India cut policy rates by 25 basis points.The S&P BSE Sensex climbed 447 points, or 0.52%, to end at 85,712.37. The […]
Sales totaled $9.80 billion, compared to $8.53 billion in the same quarter last year. The bank’s provision for credit losses for the quarter was $1.11 billion, compared with $1.03 billion a year ago. On an adjusted basis, Scotiabank says it earned $1.93 per diluted share in the latest quarter, compared to an adjusted profit of […]
Indian shares closed higher on Thursday, with the Sensex and Nifty registering a four-day decline, lifted by IT stocks ahead of the Reserve Bank of India’s policy decision on Friday.The S&P BSE Sensex rose 158 points, or 0.19%, to 85,265.32, while the NSE Nifty 50 rose 48 points, or 0.18%, to 26,033.75. IT stocks accounted […]
The modest opening reflected mixed global signals and continued concerns over foreign institutional investor outflows and continued rupee weakness, even as expectations of a US Federal Reserve rate cut provided some support. The benchmark indices opened marginally higher on Thursday morning with the Sensex rising 156.04 points or 0.18 per cent to ₹85,262.85 and the […]
One 97 Communications Limited, which operates Paytm, rose 2.46 per cent to ₹1,353.10 on Monday, hitting a fresh 52-week high of ₹1,364.80 during intraday trading. The stock has gained significant momentum since its March low of ₹651.50, more than doubling in value in the last nine months. The rally came after the company informed stock […]
A judge in Mali ordered in June that Barrick’s Loulo-Gounkoto gold complex be placed under provisional administration for six months. Under the deal announced Monday, Barrick says all charges against the company, its subsidiaries and employees will be dropped and steps will be taken for the release of the four detained Barrick employees. It also […]
The results announced late Wednesday were indicative of the frenzied spending on AI technology that has fueled both the stock market and much of the economy as a whole since OpenAI released its ChatGPT three years ago. Nvidia has been by far the biggest beneficiary of the run-up, as its processors have become essential for […]
