5 min read Last Updated : Jul 08 2024 | 10:00 PM IST The Scam that Shook India: The Nagarwala Scandal Author: Prakash Patra & Rasheed Kidwai Publisher: HarperCollins Pages: xii+264 Price: Rs 399 On 24 May 1971, Ved Prakash Malhotra, then the chief cashier at the Parliament Street, New Delhi, branch of State Bank…
Margot Robbie “defines any attempts at lazy categorisation”, says Roisin Kelly in The Times. “Blonde Aussie bombshell and global pin-up? Yes, of course. But she has also become a mogul”: a producer, investor and, as of last month, “now a liquor baron too” – she has started her own gin brand, Papa Salt. Robbie, 34,…
Planning on selling your business in the next few years? You might have to pay more tax on the proceeds than expected. The new government could very well decide capital gains tax (CGT) is a good way to raise revenues, given those commitments not to increase income tax, national insurance or VAT. This isn’t a…
The new market cycle could be the best environment for ‘boring’ stocks to take off. Recently, there has been some interest in the real estate sector, especially after Warren Buffett started buying homebuilding stocks like PulteGroup Inc. NYSE: PHM and D.R. Horton Inc. NYSE: DHI over the last quarter of 2023. This raised the question…
Increased sale of Unit Linked Insurance Plans (ULIPs) is set to weigh on the margins of listed life insurance companies in June quarter of FY25 (Q1FY25) despite higher premium accumulation on a favourable base. A buoyant equity market has led to an increase in sales of ULIPs, driving the growth in Annualized Premium Equivalent (APE)…
In a secret brick workshop on the outskirts of a frontline town in eastern Ukraine, soldiers Bohdan and Vlad are hard at work making killer drones. The small factory has a 3D printer to make the components needed to turn technology designed for fun or aerial photography into a deadly weapon. The use of unmanned…
That’s right, the better stock to watch for those investors who value momentum over everything else in the technology sector is not actually NVIDIA Co. NASDAQ: NVDA. Understanding that the artificial intelligence wave is only getting started, especially considering that chip and semiconductor technology will only advance according to Moore’s law. But, if it’s not…
Luxury casino resorts operator Wynn Resorts Ltd. NASDAQ: WYNN shares have fallen 4.7% year-to-date (YTD), trading closer to its 52-week lows at $81.65 than its 52-week highs of $112.25. The artificial intelligence (AI) boom has siphoned the bulk of investor money, leaving fledging casino stocks to severely underperform the S&P 500 index, up 16.69% YTD….
6 min read Last Updated : Jul 09 2024 | 1:02 AM IST For a year, Tathagat Awatar woke up at dawn and spent the next six hours confined to his room looking at his laptop screen. After a quick lunch, he would get back to his screen for another six to seven hours. The…
In 2020, the entire cruise industry seemed like it might face bankruptcy. Cruises were not allowed in most of the world as the Covid pandemic made gathering people in enclosed spaces something that simply wasn’t a good idea. At the time, the Centers for Disease Control (CDC) regulated the cruise industry sailing from U.S ports,…