Business

Investors are breaking fixed deposits for MFs and stock market, says expert

Investors are breaking fixed deposits for MFs and stock market, says expert

Chennai, Jan 28 (IANS) The belief in India’s growth story and in its stock markets has triggered a trend of…
Cheap and idle money moving out of banking system and chasing returns

Cheap and idle money moving out of banking system and chasing returns

New Delhi, Jan 28 (IANS) Indians have generally been savers and debt on personal balance sheets have generally been restricted…
Old signifier of wealth and a liquid asset, gold continues to shine bright

Old signifier of wealth and a liquid asset, gold continues to shine bright

New Delhi, Jan 28 (IANS) Investment in gold is considered a reliable hedge against inflation as the value of money…
Growth in banks’ credit surpassing deposits: RBI

Growth in banks’ credit surpassing deposits: RBI

Mumbai, Jan 27 (IANS) The gap between credit and deposit growth of banks as of the first fortnight of January…
Logistics firm Flexport to lay off another 20% of its workforce: Report

Logistics firm Flexport to lay off another 20% of its workforce: Report

San Francisco, Jan 27 (IANS) Logistics company Flexport is reportedly planning additional layoffs, around 20 per cent of its workforce.…
Flipkart co-founder Binny Bansal officially exits board

Flipkart co-founder Binny Bansal officially exits board

New Delhi, Jan 27 (IANS) Flipkart co-founder Binny Bansal has officially exited the e-commerce platform’s board after more than 16…
FPIs sold equities worth Rs 27,000 crore in January

FPIs sold equities worth Rs 27,000 crore in January

New Delhi, Jan 27 (IANS) FPIs continued to be sellers in the cash market having sold equity worth Rs 27,664…
Spotify CEO calls Apple’s new EU App Store changes ‘extortion’

Spotify CEO calls Apple’s new EU App Store changes ‘extortion’

San Francisco, Jan 27 (IANS) Swedish music streaming service Spotify’s CEO Daniel Ek has criticised Apple’s proposed App Store changes…
MacKenzie Scott sold Amazon shares worth over $10 bn over last year

MacKenzie Scott sold Amazon shares worth over $10 bn over last year

New York, Jan 27 (IANS) MacKenzie Scott continues to sell billions of dollars in Amazon stock, the media reported. In…
SpiceJet allots shares and warrants worth Rs 744 cr in first tranche of preferential issue

SpiceJet allots shares and warrants worth Rs 744 cr in first tranche of preferential issue

New Delhi, Jan 26 (IANS) SpiceJet has allotted shares and warrants amounting to a total of Rs 744 crore in…
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