Banking And Finance
How a ‘settled loan’ tag on your credit report can reduce creditworthiness and affect future loan approvals
Any loan that is marked as ‘settled’ on your credit report can easily feel like a financial burden lifted off your shoulders, but still, do remember that such a mark…
Bengaluru couple’s ₹54,200 monthly expenses go viral, internet debates real cost of living
A couple’s detailed breakdown of their monthly household has gone viral on Instagram, triggering a wider conversation around the rising cost of living in the city. The video was shared…
I asked ChatGPT to plan Ladakh or Spiti Valley trip under ₹30,000 | It picked…
I asked AI if a Ladakh or Spiti Valley trip can be done under ₹30,000? Here’s what it said. I asked Chatgpt that we are planning a 10-day summer trip…
Public provident fund: Deposit of ₹2,000/month in PPF account can earn up to ₹1.08 crore at retirement — Here’s how
The public provident fund (PPF) is a top choice when it comes to long-term financial planning. Launched by the Centre in 1986, it is a reliable, low-risk government backed savings…
Market
SEBI eases InvIT norms on borrowings, SPV classification after project completion
The Securities and Exchange Board of India (SEBI) on Thursday allowed greater flexibility in the use of borrowings by Infrastructure Investment Trusts (InvITs) and eased norms for special purpose vehicles…
Coal India gets nod for Mahanadi Coalfields listing via fresh equity issuance, offer for sale
State-run Coal India on Friday said the Department of Investment and Public Asset Management (DIPAM) has approved the proposal for the listing of its coal producing subsidiary Mahanadi Coalfields (MCL)…
SpaceX accelerates IPO timeline, targets Nasdaq debut by mid-June
Elon Musk’s rocket and satellite maker SpaceX is planning to price its blockbuster initial public offering as early as June 11 and has picked Nasdaq as its listing venue, people…
Gold, silver rates today: Comex gold plunges $171/oz; silver down $9.1 on inflation worries, firm US dollar
Precious metals continued to drift lower on Friday, 15 May, as a strengthening US dollar and persistent US inflation dampened expectations of near-term Federal Reserve rate cuts. Meanwhile, traders also…
Market
Portfolio reshuffle: Berkshire onboards Delta, triples Alphabet stake; sheds Visa, Mastercard, Domino’s Pizza
In a sweeping portfolio reshuffle, Berkshire Hathaway completely exited 16 positions, including Amazon, Visa, Mastercard and UnitedHealth Group, while adding Delta Air Lines and Macy’s as new holdings in the…
OpenAI gives Greg Brockman more control in massive shake-up, Head of ChatGPT moved: Report
OpenAI has announced a fresh new reorganization inside the company amid the ongoing trial with Elon Musk over moving away from its original non-profit mission. Notably, Musk had sued OpenAI…
Reliance Jio tweaks feature phone strategy after regulatory scrutiny of tariff practices
NEW DELHI: Telecom operator Reliance Jio has opened its low-cost 4G feature phone recharge plans to rival devices after the Telecom Regulatory Authority of India (Trai) flagged device-specific tariffs as…
From blockbuster IPO buzz to Nasdaq debut plans: 10 things to know about Elon Musk-led SpaceX listing
, Elon Musk’s rocket and satellite company, is reportedly preparing for one of the most anticipated public listings in recent history. According to Reuters, the company is targeting a stock…
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