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FINANCIAL CRISIS
Vodafone Idea reaffirms 3-year growth targets, $4.7 billion capex planVodafone Idea plans double-digit revenue growth and significant network investment. The company will invest 450 billion rupees in its netwo...- Without Warren Buffett, Berkshire Hathaway is no longer an attractive investment: ‘Big Short’ fame Michael BurryVeteran investor Michael Burry said Berkshire Hathaway has lost its investment appeal after Warren Buffett’s succession, arguing that Greg ...
- 'Compulsive addiction to sanctions': Iran accuses US of being 'incapable' of pursuing diplomacyIran’s Foreign Ministry spokesperson Esmaeil Baqaei on Tuesday accused the US of being “addicted” to sanctions, saying Washington resorts t...
- Lenders seek RBI approval to spread their MTM lossesIndian banks have sought RBI approval to spread mark-to-market losses on investment portfolios across the remaining three quarters, citing ...
- High margin debt! JPMorgan CEO Jamie Dimon fires a warning shot for Wall Street investorsJPMorgan CEO Jamie Dimon warned that record margin debt and hidden leverage across financial markets could increase the risk of a sudden di...
- Hindalco share price: Why brokerages are reiterating their Buy calls, raising target prices after Q1 earningsHindalco shares fell despite the company reporting a record Q1 profit. However, brokerages remained bullish, citing strong India operations...
- UK PM Andy Burnham vows crackdown on subscription traps, fake discountsPrime Minister Andy Burnham plans to tackle subscription traps and misleading discounts. New rules will make it easier for consumers to can...
- Indian middle class going 'broke' due to common spending trap: CA warns about financial habit that drains even future wealthThe Indian middle class may be facing a financial problem that is easy to miss while incomes and spending continue to rise. A CA has now po...
- Charting the global economy: US employment declines unexpectedlyThe El Niño on track to become the most powerful of the past 76 years is strengthening rapidly, posing a major threat to fragile economies ...
- Psychology says people who try to save every penny they can aren't just trying to build wealth: What this behavior means and teaches us?Psychology says people who try to save every penny they can aren't always making financial decisions based only on budgeting. Their behavio...
- Rs 1 crore debt, no work and C-grade films: Golmaal actress reveals the struggle that left her with no choice and sold her soulActress Susmita Mukherjee found herself in a tough financial situation when her production company declared bankruptcy. This unfortunate tu...
- US Stock Market: Warsh's Fed leaves markets searching for policy cluesFederal Reserve Chair Kevin Warsh is changing the central bank’s communication approach, reducing reliance on forward guidance and leaving ...
- Somebody will disrupt the market! Why JPMorgan CEO Jamie Dimon is raising alarm over high leverageJPMorgan CEO Jamie Dimon warned that elevated market leverage and hidden borrowing could amplify volatility, increasing the risk of sudden ...
- Please reconsider JFC's ISL withdrawal: AIFF chief Chaubey appeals to Tata groupAIFF President Kalyan Chaubey urged Tata to reconsider its Jamshedpur FC withdrawal. He believes Tata's decision was not purely financial, ...
- Kingfisher maker United Breweries cuts West Asia crisis impact estimate to ₹350-400 croreUnited Breweries is now projecting that the ongoing West Asia crisis will have a reduced effect on its earnings. Strong price adjustments i...
- 4,052 stranded Indian seafarers repatriated amid West Asia crisis, says Shipping Minister Sarbananda SonowalOver 4,000 Indian seafarers have been safely repatriated during the West Asia crisis. Emergency response channels handled thousands of call...
- Quote of the day by Myron Scholes: "At times of shock, converting illiquid assets to cash to build flexibility is very expensive. Finding an umbrella in a rain storm might be impossible or very costly."Nobel laureate Myron Scholes emphasizes liquidity's value during market shocks. Illiquid assets become difficult to sell without significan...
- Vodafone Idea says FY27 marks 'period of execution' after AGR relief, capital infusionVodafone Idea has resolved financial challenges and entered an execution phase. The company is now focused on network investments and impro...
- With Situational Awareness AI deal, Citadel's Griffin rides to the rescue againCitadel's founder this week reprised his role as one of Wall Street's rescue buyers, stepping in to salvage California hedge fund Situation...
- 'Credit card recovery agent used to abuse me': At 42, Sarabhai actor Rajesh Kumar recalls losing everything after quitting acting at peak. He reveals his biggest life lessonActor Rajesh Kumar faced significant financial struggles after quitting acting for farming. He lost everything and endured difficult times ...
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