finance
Top Stories
Jensen Huang is $60 billion richer this year thanks to Nvidia's soaring stock — and just rejoined the $100 billion club
- Jensen Huang has grown about $14 billion richer in four days thanks to Nvidia's soaring stock.
- He's rejoined the $100 billion club after an unmatched $60.5 billion rise in his wealth this year.
Theron Mohamed
Theron Mohamed
Jen Glantz
Latest Stories
2 mins read
Berkshire's vice-chair just cut his stake in Buffett's company
Ajit Jain, Berkshire Hathaway vice-chair, just sold half of his company stake. At the end of August…
Lian Kit Wee
3 mins read
I spent nearly $3,000 on a Disney vacation. I'm canceling all my plans this month to limit my spending.
I spent more money than expected on a Disney vacation, so I'm cooking most meals at home this month…
Frank Olito
2 mins read
Most US millionaires don't consider themselves 'wealthy,' study finds
A new study found that only 32% of US millionaires surveyed see themselves as "wealthy," with many …
Joshua Nelken-Zitser
2 mins read
Walmart heir Jim Walton just joined the $100 billion club
Jim Walton, whose father founded Walmart, joins the likes of Elon Musk and Jeff Bezos as one of the…
Theron Mohamed
2 mins read
JPMorgan just capped bankers' work at 80 hours a week — but there's still one big exception
Two Wall Street banks are cracking down on young bankers' working hours, as the industry grapples w…
Shubhangi Goel
1 min read
Rise in cess, surcharge shrinking states' share in divisive pool of taxes: Kerala CM
Vijayan was speaking at a conclave of five non-BJP-ruled states organised by Kerala to discuss the …
2 mins read
India's strong economic recovery is led by fiscal expenditure: DSP MF
India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…
1 min read
Private credit deals to touch $10 billion in 2024, says EY report
Major deals were seen across real estate, infrastructure, and healthcare sectors in the first half …
2 mins read
Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report
The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…
3 mins read
Mpox outbreak: Understand what your insurance covers for Mpox treatment
Common symptoms of the infection include rashes on face, hands, feet and mouth. Mpox is generally c…
5 mins read
10 financial scams that shook India: A dive into deception
From Ponzi schemes to bank frauds, the Indian government and investors have fallen victim to many f…
1 min read
Jamie Dimon says succession planning is top of mind right now: 'We all want to get that exactly right'
Dimon said at a conference Tuesday that president and COO Daniel Pinto 'could run the bank tomorrow…
Geoff Weiss
2 mins read
'Shark Tank' star Kevin O'Leary happily gives cash to help relatives — but they can never ask him again.
Celebrity investor Kevin O'Leary gives cash to family instead of loaning it, but bans them from eve…
Theron Mohamed
2 mins read
Sectoral funds rake in Rs 18,117.18 crore during the month, debt schemes see more inflows than equities, notes AMFI data for August
This takes the total tally of existing sectoral fund schemes to 179. The next category with most sc…
2 mins read
Telangana urges 16th Finance Commission to increase states' share in Central taxes to 50%
He, however, said it is not just a demand for Telangana but for all states, ensuring a more coopera…
4 mins read
Shares of Ola Electric have tapered down from their record-highs. Is this a good time to buy in?
Around 18.18 crore shares, or about 4% of company's outstanding shares were eligible for trading in…
2 mins read
Elon Musk may be world's first trillionaire by 2027, Adani to touch the mark by 2028, Ambani in 2033: Report
The companies that will hit the trillion-dollar market cap mark include Taiwan's semiconductor make…
2 mins read
$100 billion club shrinks to 12 members as slump in stocks knocks 3 people out
Nvidia's Jensen Huang, PC pioneer Michael Dell, and Indian industrialist Gautam Adani are worth und…
Theron Mohamed
2 mins read
Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report
The organised jewellery sector, which accounts for just over a third of the overall market, is pois…
1 min read
DICGC introduces Daava Soochak for depositors to track claim status
Daava Soochak, a user-friendly online tool, is part of DICGC's ongoing commitment to improving the …
3 mins read
GST Council to deliberate on taxation of insurance premium, report on online gaming tomorrow
The Council is likely to be apprised about the ongoing drive against fake registration, the success…
2 mins read
An ex-Mastercard executive was nearly scammed of $100,000. Here's how she spotted it.
Account takeover fraud surged 354% in 2023, costing $13 billion. Here's how a former Mastercard exe…