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India’s closing auction needs funds to show upIndia introduced a closing auction session mechanism for market reform. This new system requires broad participation to achieve its intende...
IT seeks 'minimum viability' shield as cyberattacks surgeThe move follows a series of security incidents and legal disputes in the technology sector. Last week, TCS and HCLTech separately informed...
In 1863, a Civil War survivor decided to build a new life in Nebraska with the woman he loved. Soon, he became the first homesteader in American history and started a family in the 160 acres he claimedDaniel Freeman made history in 1863 when he became the first person to file a claim under the Homestead Act, taking 160 acres of land in Ne...
Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources sayIn July, Jane Street suffered a staggering $15 billion loss amid a challenging AI-driven stock market downturn. Despite this setback, the f...
Institutional investors reveal cautious approach to tech favorites in US quarterly 13F filingsIn the second quarter, institutional investors made slight reductions in their holdings of prominent tech firms, mainly due to already subs...
FCNR (B) FDs offering up to 7.50% interest rate to NRIs, OCIs: These banks offer 6.25% or higher on depositsFCNR (B) interest rate: Government backing for FCNR (B) deposits greatly boosts returns for investors. Presently, banks are providing entic...
Hidden risks of FCNR (B) deposit investment and leverage: Why high interest rates may not tell the full storyFCNR(B) deposits have become attractive to investors looking for significant returns in US dollars, largely thanks to government hedging st...
In the 1860s, America introduced burning bush as an ornamental; birds later helped spread it into forests across 21 invaded statesThe burning bush, native to Asia, became well-liked for its vibrant autumn hues. Birds transport its seeds, helping it escape confined land...
India may have found the key to unlock its $5 trillion sleeping fortuneIndia plans to revamp its Gold Monetisation Scheme by involving jewellers, aiming to unlock household gold holdings estimated at 25,000-50,...
Billionaire Ian Wace bought a $2.2 million Scottish island in 2017. Now, his $135 million Tanera Mòr revival has restored 50+ buildings, planted 100,000 trees and rebuilt a lost communityBillionaire hedge fund manager Ian Wace bought Scotland’s remote Tanera Mòr island for about $2.2 million in 2017, when its historic buildi...
Aswath Damodaran shares 3 lessons investors can learn from rise and fall of Leopold Aschenbrenner's AI fundAswath Damodaran has shared three lessons investors can learn from the rise and fall of Leopold Aschenbrenner’s AI-focused hedge fund, Situ...
MP family gets response from UK debt office on Rs 35,000 loan given to British Empire during WWI in 1917; how much is it worth today, 109 years later?MP Man UK War Loan Claim: A 109-year-old war loan certificate has prompted an Indian family's renewed inquiry into a 1917 loan. The UK's De...
With US taking a hostile approach to India, the 'Mecca pact' is threateningA Saudi Arabia-Pakistan-Turkiye defence pact could complicate India’s security environment by deepening military, technological and diploma...
Independence Day 2026: When the British built a 4,000-km wall across India to extort taxBritish authorities constructed an enormous hedge across India to enforce a salt tax. This living barrier aimed to prevent smuggling of che...
Pinegap raises $8 million led by Stellaris Venture PartnersThe company plans to use the fresh capital to strengthen its go-to-market and sales operations, grow its engineering team and build an in-h...
Gold prices jump 7% to log best weekly gain in 8 months. Start of another yellow metal bull run?Gold prices surged 7% this week, marking their strongest weekly gain in eight months as falling crude prices, weak US jobs data and resilie...
ICICI Bank, Axis Bank tap dollar debt again in less than two months: ReportICICI Bank and Axis Bank have returned to the U.S. dollar debt market, each looking to raise $300 million through upcoming bond issues, set...
Experts advise caution as CAS fuels arbitrage fund NAV volatilityArbitrage fund net asset values saw a significant daily surge after the NSE introduced a closing auction session. Fund managers noted these...
Specialised Investment Funds: How to evaluate strategy, risk, derivatives and red flags before investing in SIFsThey were created for investors who have outgrown the standardised constraints of mutual fund categories but do not meet the Rs 50 lakh min...
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...