by Jibran Munaf | August 11, 2024 | Banking, Finance, Market Analysis & Commentary, News, Technology
India holds a significant 48.5% share in the global real-time payments volume, according to a report released by the Reserve Bank of India (RBI) on Monday. The report underscores India’s leadership in global remittances, receiving $115.3 billion in 2023. The RBI...
by Jibran Munaf | August 11, 2024 | Breaking, Economy, Finance, Markets, News, Trending Now
US investment research firm Hindenburg on Saturday claimed that Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch had a stake in obscure offshore entities used in the Adani money siphoning scandal. “It has been nearly 18 months since...
by Jibran Munaf | August 10, 2024 | Finance, Market Commentary, Markets, News
Stocks ticked up Friday as the stock market built on its incredible comeback from Monday’s violent rout. The broad market index ended the week just shy of completely reversing its weekly losses. The S&P 500 advanced 0.47% to finish at 5,344.16. The Nasdaq...
by Vasu Jit Kalia | August 8, 2024 | Stocks & Bonds
As per the analysts the India’s Nifty 50 is outperforming the S&P 500 and the index could go even higher this year. The South Asian benchmark has surged 11.8% so far this year, outpacing the S&P 500’s 9% gain, and crossed the 25,000 level for the...
by Jibran Munaf | August 8, 2024 | News, Stocks & Bonds, Trending Now
Warren Buffett’s Berkshire Hathaway has amassed $234.6 billion worth of short-term investments in U.S. Treasury bills, according to the conglomerate’s second-quarter earnings report released on Saturday. Berkshire’s acquisition of $229.5 billion in Treasury...
by Jennifer George | August 6, 2024 | Breaking, Currencies, Markets, Stocks & Bonds, Trending Now
As world markets crashed on Monday, millions of investors witnessed a market phenomenon that resonated with premonitions of the 2008 financial crash. Global investors engaged in rampant yen carry trades in since 5th August, causing the Nikkei and Nasdaq to tank to...
