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INTELLIGENCE AND WEALTH
Russian proverb of the day: 'If there's a brain, there'll be a ruble' — A timeless lesson on why knowledge creates wealthA Russian proverb highlights that intelligence and practical wisdom lead to financial rewards. This saying remains relevant today as contin...
Amazon, Flipkart slash fees as battle for smaller cities intensifiesE-commerce giants Amazon and Flipkart are cutting seller fees to expand into smaller Indian cities. This strategy aims to attract more sell...
Why high-conviction investor Cathie Wood bought Nvidia after it erased billions from May highCathie Wood's Ark Invest bought nearly 79,000 Nvidia shares worth about $15.5 million after the AI chipmaker's recent selloff, reaffirming ...
Groww founders plan Rs 400-500 crore fund for consumer, deeptech startupsChief executive Lalit Keshre, chief financial officer Ishan Bansal, chief operating officer Harsh Jain, and chief technology officer Neeraj...
India's family offices embrace profit-sharing to attract top talentIndia's family offices are increasingly adopting profit-sharing and carried interest models to attract and retain top investment talent as ...
South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly decline...
Goldman Sachs Asset Management launches AI investment platform: ReportGoldman Sachs Asset Management has launched AlphaAI, an artificial intelligence investment platform. Lou D'Ambrosio will lead this new plat...
Rs 104 lakh crore club: India's richest 3,040 now hold wealth equal to 30% of GDPIndia’s 3,040 richest individuals hold Rs 104 lakh crore in wealth, nearly 30% of nominal GDP, highlighting growing wealth concentration. T...
'Wait till payback time!': South Korean retail investors protest as govt apologises after Kospi crashes 40% in a monthKospi skyrocketed over 122% since the beginning of the year to hit a lifetime high of 9,386 in June on the back of a global AI frenzy, befo...
Kospi crashes 12% after SK Hynix earnings; best performing Asian market of 2026 plunges 43% in a month. What’s ahead?South Korea's Kospi index crashed over 11% on Wednesday, extending its drop to 43% from its June peak into technical bear market territory....
Global Market: UBS posts 17% jump in Q2 profit, announces $3 billion share buyback planUBS reported a 17% rise in Q2 net profit to $2.8 billion, beating analyst estimates on strong wealth management and investment banking grow...
Global Market | AI boom could complicate central banks’ inflation assessment, monetary policy decisions: BISArtificial intelligence complicates economic assessments for central banks globally. The technology simultaneously boosts demand and expand...
Global Market | AI boom, market correction risks emerge as major credit threats: FitchRatings agency Fitch highlights AI boom and market correction as major global credit risks. Unprecedented AI spending and soaring valuation...
How AI fraud detection is reshaping banking and financial services in IndiaEvery digital payment, loan approval and investment decision carries an invisible layer of intelligence. AI products are quietly helping fi...
India's crorepati list is growing but the problem is who will manage their moneyIndia's ultra-rich population is rapidly increasing, creating a significant advisory gap. The number of wealthy individuals has grown subst...
UAE sovereign funds, firms to boost investments in IndiaUAE investments in India are set to significantly increase in coming months. Key sectors like artificial intelligence and logistics will se...
Do you have a lucky triangle on your palm? Palmistry reveals what this powerful hand sign could reveal about your futurePalmistry suggests a lucky triangle on your palm indicates hidden talents and financial acumen. A clear triangle near the fate line signifi...
HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hubHSBC plans to hire more than 200 professionals in Singapore, including AI specialists and wealth managers, as part of its strategy to expan...
Global Market: GIC to invest $30 billion more in hedge funds, doubles down on AISingapore's sovereign wealth fund GIC plans significant new investments. The fund will allocate an additional thirty billion dollars to hed...
Gen Z marks the rot: NEET protests mark a deep socioeconomic grievance, and fractured employment systemGen Z faces a prosperity collapse, unlike previous generations in India. This shared economic grievance fosters solidarity among young peop...