Finance

15 May 2024, 20:32

More 'Bluey' is on the way — and the kids' show is now a $2 billion juggernaut

"Bluey" was the most popular children's show in the US last year, and fears it may be ending have proved unfounded.

15 May 2024, 16:05

Gold rate today (May 15, 2024): Latest gold prices in Mumbai, Delhi, Kolkata, Bengaluru, Chennai and other Indian cities

On Wednesday, gold rates saw a sharp increase across India. In Delhi, 10 grams of 24-carat gold would cost you ₹73,400 today. Meanwhile, on the MCX, gold contracts for June delivery traded higher by ₹430, settling at ₹73,250 per 10 grams. The rising gold prices reflect increased investor interest amid global economic uncertainties and fluctuating currency values, driving demand for this precious metal.

15 May 2024, 10:46

Gold rate on 14th May: Latest gold rates in Mumbai, Delhi, Kolkata, Bengaluru, Chennai and other Indian cities

On Tuesday, gold rates saw a slight decline across India. In Delhi, 10 grams of 24-carat gold would cost you ₹ 72,970 today. Meanwhile, on the MCX, gold contracts for June delivery traded lower ₹ 430 at ₹ 7,282 per 10 grams.

15 May 2024, 10:32

Rupee rises 4 paise to 83.47 against US dollar in early trade

The rupee was trading in a narrow range and appreciated 4 paise to 83.47 against the US dollar in early trade on Wednesday, tracking a positive trend...

14 May 2024, 16:39

Warren Buffett is hoarding $200 billion as he may see 'storm clouds' ahead, says top economist Steve Hanke

Warren Buffett keeps building Berkshire Hathaway's cash pile because bargains are scarce and he seems worried about the world, Steve Hanke said.

13 May 2024, 22:24

China is kicking off a $138 billion bond sale to help boost its flagging economy

Beijing will issue a tranche of 30-year bonds on Friday as part of sales intended to raise $138 billion for "major national strategies."

13 May 2024, 19:19

Neom's push for foreign investment is getting trickier after allegations of Saudi brutality

Reports that Saudi officials were given license to use lethal force are overshadowing a UK trade delegation visit.

13 May 2024, 18:24

Gold rate on 13th May: Latest gold rates in Mumbai, Delhi, Kolkata, Bengaluru, Chennai, and other Indian cities

Gold is regarded as a reliable hedge against inflation, and for good reason! This reputation stems from its tendency to either maintain or increase in value during periods of inflationary pressure. In fact, this very quality makes gold an attractive option for investors looking to safeguard their wealth from inflation’s detrimental effects.

13 May 2024, 12:29

Gold rate on 10th May: Latest gold rates in Mumbai, Delhi, Kolkata, Bengaluru, Chennai and other Indian cities

13 May 2024, 10:03

Rupee trades in narrow range against US dollar in early trade

The rupee was trading in a narrow range against the US dollar in early trade on Monday, tracking a weak trend in domestic equities and strong American currency. Forex traders said with foreign investors buying US dollars and the Reserve Bank of India (RBI) selling the greenback, the USD/INR pair is expected to remain range-bound with a bit of a weakness bias.

12 May 2024, 16:34

Warren Buffett's selling stocks like Apple as he sees trouble ahead — but he'll spend if markets crash: elite strategist

Buffett sold $17 billion of stocks and amassed a record $189 billion cash pile last quarter because he knows the fun won't last, Paul Dietrich said.

12 May 2024, 16:33

Hackers are now targeting the children of corporate executives in elaborate ransomware attacks

Charles Carmakal, the CTO of Mandiant, a cyber security firm and Google subsidiary, said hackers are getting more hold in their ransomware attacks.

11 May 2024, 19:54

Warren Buffett is battling a bargain drought — and pared his Apple bet because it's a 'one-trick pony,' expert says

Warren Buffett sold about $20 billion of Apple stock because he felt overexposed to the iPhone maker. His huge cash pile reflects a lack of bargains.

10 May 2024, 21:20

Sports gambling is taking a cue from Wall Street, and it could be a problem for sportsbooks

A sports bettor trying to hedge a $1.7 million payout shows the gambling world is taking a page out of Wall Street's book.

10 May 2024, 21:18

Sam Bankman-Fried has a new currency to trade in prison: rice

Sam Bankman-Fried has lost weight, Puck reported, and looks fitter, which may be partly because he says the vegan food he's served is inedible.

10 May 2024, 18:12

Warren Buffett had to work from his iPhone for days after lines went down at Berkshire Hathaway

Two days after disclosing his Apple stock sales, Warren Buffett found himself relying on his iPhone during an outage at Berkshire Hathaway's offices.

10 May 2024, 17:35

RBI likely to transfer ₹1 trillion to government in FY25

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the government IN FY25 according to a report by Union Bank of India.

10 May 2024, 10:03

Rupee trades in narrow range against US dollar in early trade

The rupee was trading in a narrow range against the US dollar in early trade on Friday, as the support from positive domestic equities was negated by...

10 May 2024, 01:08

The credit-card industry's Hail Mary push to keep charging you bigger late fees

A judge in Texas is expected to rule this week on a request from credit-card companies to stop a cap on late fees, CNBC reported.

10 May 2024, 00:26

JP Morgan's Mary Callahan Erdoes says 'curiosity' will be the most important human trait in the age of AI

JPMorgan's Mary Callahan Erdoes told Business Insider that there's potential in AI but that employees will have ask the right questions to harness it.

09 May 2024, 21:13

Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14 Q&A nuggets.

Warren Buffett teased a potential Canada bet, predicted Berkshire would surpass $200 billion in cash this quarter, and shrugged off dollar worries.

09 May 2024, 16:08

Rupee settles on flat note, higher by 2 paise at 83.50 against US dollar

The rupee consolidated in a narrow range and settled for the day on a flat note, higher by 2 paise at 83.50 (provisional) ag...

09 May 2024, 10:57

Rupee rises 8 paise to 83.44 against US dollar in early trade

The rupee appreciated 8 paise to 83.44 against the US dollar in early trade on Thursday, as the American currency retreated from its elevated levels....

08 May 2024, 18:53

What Wall Street finance bros should wear this summer

Wall Street is back in the office, and finance bros are having to ditch the sweatpants. Here's what style experts say they should wear this summer.

08 May 2024, 17:51

Canara Bank Q4 profit rises 18% to ₹3,757 crore

State-owned Canara Bank on Wednesday reported an 18 per cent rise in net profit to Rs 3,757 crore during the fourth quarter ended March 2024 on the b...

Beyond The BoardRoom with ICICI Prudential's Anish Tawakley

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