Tata Trusts is in a tug-of-war with the RBI to keep Tata Sons, the group's holding behemoth, off the market. To do so, the Noel Tata-backed trust has revisited its 2004 playbook—but in reverse. It is now proposing to merge two…
China is discovering that loneliness can be a business opportunity. From artificial-intelligence boyfriends and virtual pets to solo karaoke rooms, single-person hotpots and paid companionship, a new consumer market is emerging around people who want company-or simply want to enjoy life…
The Federal Reserve will meet on September 15-16 to decide whether to raise its benchmark interest rates amid an escalating US-Iran war that has pushed crude oil prices to $100 per barrel, raising inflation concerns, while better-than-expected jobs data bring some…
Even with solid corporate earnings reports, the market's focus shifted last week to geopolitical headline concerns, revealing a dramatic change in sentiment on Wall Street. While the Dow Jones Industrial Average and the S&P 500 hit all-time highs, the variables that…
What Is BRICS? BRICS is a grouping of major emerging economies that came together to increase cooperation on trade, investment, finance, development, technology and global economic issues. BRICS originally consisted of Brazil, Russia, India and China, and was known as BRIC.
A new lifeline has been granted to Essel/Zee-linked companies' founder, Subhash Chandra, who has been forgiven 99.97% of total debt claims against him. To give a clear picture, that's a Rs 6.50 crore settlement against a Goliath debt of Rs 22,006…
As US Federal Reserve Chairman Kevin Warsh steps into the limelight at Jackson Hole this week, it will be with the bond market in chaos, the Federal Reserve in chaos, and geopolitical tensions reigniting inflation fears rather than a tailwind. Instead…
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