Buisiness

Markets regulator Sebi is actively working with the Ministry of Finance and other financial regulators to set up a centralised Know Your Customer (KYC) system, Sebi Chairman Tuhin Kanta Pandey has said. The central KYC is an online database designed to streamline compliance by maintaining KYC records of customers in one place for use across…

Donald Trump and Jerome Powell US President Donald Trump is taking credit for any signs of economic strength in the US while blaming President Joe Biden for recent weaknesses, including the first-quarter contraction in GDP. In a wide-ranging interview on NBC News’ “Meet the Press,” Trump also lobbed fresh criticism at Federal Reserve Chair Jerome…

Warren Buffett famous quotes: Berkshire Hathaway CEO, and the world’s 5th richest person, has announced his intention to retire by the end of 2025. Warren Buffett and his investment mantras are a timeless textbook for all types of investors – new or old, big or small. The 94-year old Buffett’s life and investments are a…

The conclusion of talks on the proposed free trade agreement (FTA) between India and the UK, along with two other pacts, may take more time as both sides continue to negotiate unresolved issues, sources familiar with the matter said.According to PTI, the three agreements currently under discussion are the FTA, a bilateral investment treaty (BIT),…

The State Bank of India (SBI) will maintain a return on assets (RoA) of over 1 per cent in FY26 despite expected margin pressure due to the softening interest rate cycle, Chairman C S Setty said on Saturday.RoA is a key profitability ratio that reflects how efficiently a company generates profit from its assets. Speaking…

Warren Buffett’s remarkable investment achievements stand unmatched in financial history. Warren Buffett’s life is a masterclass in how to invest. There has been no other investor like him, and it is doubtful whether there will ever be any investor who can match up to the veteran’s track record. On Saturday, the Berkshire Hathaway CEO announced…

As Warren Buffett prepares to step down from the helm of Berkshire Hathaway by the end of this year, all eyes are on his chosen successor—Greg Abel. While Abel may not match Buffett’s legendary stature, analysts, board members, and executives across Berkshire’s sprawling empire believe he possesses the values and vision needed to preserve the…

In a major push to establish Andhra Pradesh as a global creative and digital hub, Chief Minister N Chandrababu Naidu on Sunday announced the signing of a Memorandum of Understanding (MoU) to set up Creator Land, India’s first transmedia entertainment city, in the state capital region.Unveiled at the ongoing WAVES Summit in Mumbai, the project…

The overall market value of seven of ten most valuable companies soared by a staggering Rs 2.31 lakh crore last week, with Reliance Industries emerging as the top gainer in a largely upbeat equity market.The rally came during a holiday-shortened trading week, with markets remaining close on Thursday for Maharashtra Day. The BSE benchmark Sensex…

Real estate major Macrotech Developers Ltd, known for its ‘Lodha’ brand, is set to launch residential projects worth Rs 19,000 crore during the current financial year across the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru, in a move to capitalise on the strong demand in the housing sector.In an interview with PTI, Macrotech Developers Executive…