Banking And Finance
Don’t want a health situation or sudden job loss to turn to financial crisis? Here’s how to start an emergency fund
Middle class need to plan wisely in order to ensure that one medical setback or a sudden job loss does not set them on a path to financial crisis. Thus,…
6 practical strategies to keep credit card spending in check and stay debt-free
In modern finance, credit cards can reduce hassles and help simplify payments through digital channels. A user can also unlock rewards and perks, but only if they remain devoted, disciplined…
DA hike: Could Union Cabinet announce increase today? Here’s how much salary jump to expect
DA hike updates: Expectations for a Cabinet announcement of Dearness Allowance (DA) hike for central government employees are high as the Prime Minister Narendra Modi-led meeting gathered today for its…
No-buy days and cart pauses: How Gen Z is reshaping money habits
During the last ten days of every month is when the ‘you-only-live-once’ philosophy comes alive for many. Denting financial discipline built earlier, emotional and impulsive decisions take over. While the…
Market
Arm Holdings stock rallies over 19% after unveiling AI chips with Meta Platforms as lead customer
Arm Holdings stock surged over 19% on Wednesday following the UK-based firm’s introduction of a new processor suite tailored for data centers and artificial intelligence. In a landmark strategic shift,…
Super Micro Computer shares jump another 9%, recover 18% in three sessions after sell-off over AI chip smuggling probe
Shares of Super Micro Computer, a developer of modular server and storage solutions, are attempting to recover from recent losses, as the stock surged another 9% in Wednesday’s trade, 25…
Gold, silver rates today: Comex gold gains $199/oz; silver rallies $5.2 as inflation fears ease on US-Iran talks
Precious metals witnessed renewed buying in Wednesday’s trade, amid growing expectations of a de-escalation in the Iran conflict and potential negotiations between the United States and Iran, even as strikes…
SEBI, Google roll out ‘verified’ badge for investment apps to curb fraud
In a bid to curb rising digital financial frauds, the (SEBI) on Wednesday partnered with Google to introduce a ‘verified’ badge for investment apps on the Play Store, allowing users…
Market
SC upholds states’ right to change industrial policy in a 25-year-old dispute
The Supreme Court on Wednesday upheld the government’s powers to withdraw electricity duty exemptions for captive power plants, ruling in favour of Maharashtra in a 25-year-old dispute with companies such…
Rocketlane raises $60mn Series C round, led by US-based PE firm Insight Partners
Rocketlane, an artificial intelligence(AI)-powered professional services automation (PSA) platform, has raised $60 million in its Series C funding round led by US-based private equity firm Insight Partners. The Chennai-based startup…
Novo Nordisk sues Dr. Reddy’s over Ozempic trademark
MUMBAI/NEW DELHI: As semaglutide, the drug behind weight-loss drug Ozempic, goes off-patent in India and cheaper copies flood the market, Novo Nordisk has moved to defend its flagship brand, kicking…
Kotak Mahindra Bank responds over alleged fraud: Initiated ‘detailed reconciliation’ of FDs to Panchkula Municipal Corp
Kotak Mahindra Bank today said it has initiated a detailed reconciliation of fixed deposits and linked bank accounts maintained by the Municipal Corporation of Panchkula, following instructions from the civic…
Axis
