Finance

RBI To Banks: Limit Ownership Stake In Insurers At 20%!

The Reserve Bank of India wants banks to limit their ownership in insurance companies! According to three sources in the know, RBI has unofficially directed Indian banks to cap their maximum threshold limit for holding ownership in capital intensive insurance...

Online Bookkeeping: The Most Neglected Tool That Accelerates Business Growth

As a business owner, it’s crucial that you are always in full control of your finances. Having an understanding of your business accounts can help you to plan for the future of your business with more confidence, easily identifying...

Elon Musk Is Making Wall Street Dance On His Tweets

Elon Musk, the tech billionaire who needs no introduction, is proving himself as the world's most influential person who not only has control of his own companies but also has the power to alter and influence the performance of...

Elon Musk Is the Real Mover and Shaker of The Market: GameStop Saga Proves Again!

Everything he touches turns to gold. Even his slightest gestures attended to. His tweets? They just blow markets through the roof! The moment Elon Musk tweeted “Gamestonk!!” and attached a link to the WallStreetBets Reddit thread, the Tesla and SpaceX...

Encouraged By Record Profit of RIL, Ambani Wants To Accelerate 5G Arrival in India

Brace yourselves for the sooner-than-anticipated arrival of  Reliance Jio 5G services because the 63-year-old billionaire tycoon Ambani recently pledged to the speedy launch of the same. The oil-to-telecom conglomerate latest quarterly earnings posted a record profit on the back of its...

Sliced Up and How: Ant Group IPO Fiasco Set to Cost Jack Ma Dearly

As soon as Jack Ma chose to make those startling comments at the Shanghai Conference, in plain view of the Chinese regulators no less, poked the bear. Well, the bear turned and trampled down Ant Group’s promising IPO, which has...

₹90 Crore Per Hour: That’s What Mukesh Ambani Added To His Wealth During COVID Era

Today the "IIFL Wealth Hurun India Rich List 2020" was released and guess who kept maintained his position at the top for the ninth consecutive year? It’s Mukesh Ambani! The only Indian who is currently among the world’s top 5...

Indian Government To Divest 15%-20% Stake In IRCTC: Killing Two Birds With One Stone

The COVID-19 pandemic wrecked all industrial sectors globally and the Indian government sector was treated no differently. Amid the mounting financial pressure, the Indian government is currently planning to sell off close to 15%-20% stake in IRCTC via OFS, aka...

Fintech Startups In India Raised $1.7 Billion In H1 2020: More Than 2X Increase Despite Global Slowdown

The fintech investment in India, despite all the havoc wreaked by COVID-19 all over the world, has been able to keep booming in leaps and bounds.  Homegrown fintech startups, by accelerating the growth of payments and financial services, are squeezing...

Apple Touches $2 Trillion Valuation: Doubled In Just 2 Years

Apple shares rose to record high on Wednesday. As a result it became the first US company to hit $2 trillion valuation. Based on a share count of more than 4.275 billion, Apple Inc. (NASDAQ:AAPL) broke the barrier just before...

Latest News

Facebook Is Waging A Full-Blown War Against Clubhouse!

Facebook is all set to wage a full-blown war against Clubhouse, the newest and hottest entrant in the social...