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Rupee hits record low of 84.23 against US dollar amidst US elections 2024
The Indian rupee hit a record low against the US dollar due to foreign fund outflows and a strong d…
Hindenburg target SEBI chief, she calls charges baseless, Adani says no commercial relationship with SEBI head
Madhabi Puri Buch and her husband Dhaval Buch in a joint statement strongly denied the "baseless al…
PTI
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
Hindenburg alleges Sebi head Madhabi Buch had stakes in obscure offshore funds used in Adani scandal
Citing "whistleblower documents", it said, "Madhabi Buch, the current chairperson Of SEBI, and …
PTI
Passing down an inheritance? Here's how to handle these 4 complicated assets — including houses and retirement funds.
Some of the most common assets in an inheritance plan come with legal and tax complications. Here a…
Christine Ji
Want to get into the AI industry? Head to Abu Dhabi.
The United Arab Emirates' recent investment in OpenAI reflected its mission to leverage its oil wea…
Lakshmi Varanasi
Meet Jeff Smith, the hedge-fund investor taking on Pfizer
Since 2011, Starboard Value's Jeff Smith has extracted board seats and profits from corporate Ameri…
Alex Morrell
Funding 'John Wick' kick-started Eva Longoria's investing career. Now, it's her day job.
Eva Longoria got her start as an actor. But after investing $6 million to save "John Wick," she's b…
Jason Guerrasio
Why quant giant D.E. Shaw seeks out academics, doctors, and veterans to work at the $60 billion hedge fund
The firm is known for recruiting talent from outside of finance to work at the long-running asset m…
Bradley Saacks
The head of Cubist's centralized high-speed trading unit is out after less than a year
Vibhav Bukkapatanam was a marquee hire focused on high-frequency trading. He joined Cubist, the qua…
Alex Morrell
Five gifts you can give to yourself, friends, or family, towards achieving financial independence
Ahead of India's 78th Independence Day, find out how a professional achieved financial independence…
America might be headed for a government shutdown (again)
If Congress doesn't pass a spending bill by September 30, the government could shut down. Here's wh…
Allie Kelly,Brent D. Griffiths
China is boosting market sentiment by playing up hopes for stimulus
Chinese Premier Li Qiang said ahead of the US presidential election that Beijing has "ample space f…
Huileng Tan
Sensex, Nifty hit fresh all-time high levels, as Sensex closes over 82k, Nifty crosses 25k mark
Surging for the 10th straight session, the 30-share BSE Sensex jumped 194.07 points or 0.24 % to se…
Sensex, Nifty extend gains to scale fresh peaks on firm global cues
Rallying for the ninth straight session, the 30-share BSE Sensex climbed 231.16 points or 0.28 per …
PTI
Hedge fund turned to a wargame to plan for a Chinese invasion of Taiwan
A hedge fund turned to a tabletop wargame to see how a Chinese invasion of Taiwan could play out. I…
Michael Peck
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
This $9 billion hedge fund just joined the raid on big bank commodity index traders with a senior JPMorgan hire
Alphadyne's hire of commodity trader Thomas Byuen follows similar hires by Jain Global, Balyasny, a…
Alex Morrell
After Adani, Hindenburg targets SEBI chief, she calls allegations baseless, character assassination
Hindenburg alleged that Buch and her husband had undisclosed investments in obscure offshore funds …
PTI
Stocks are headed for a decade-long 'dead' zone with losses on par with the dot-com bust, fund manager says
The S&P 500 is in for a decade of weak returns as the economy "reeks of inflation," a top fund mana…