NEW DELHI : For Indians, shopping for gold on Dhanteras symbolizes fortune and prosperity. Tradition aside, the yellow metal is also a good long-term investment option. Gold bought 10 years ago has yielded a compound annual growth rate (CAGR) of about 11%, whereas CAGR for the five-year period stands at 14.2%. During the five-year period, … Read more
Call it a modern-day version of a spectacular Renaissance patronage. Since 2019 Microsoft has provided more than $13bn in cash and computing capacity to OpenAI , a once-penniless startup that is now at the forefront of generative artificial intelligence (AI) and, as of its most recent fundraising round, worth $157bn. In exchange, Microsoft has gained … Read more
Afcons Infrastructure IPO Day 3 Live Updates: The initial public offering (IPO) for Afcons Infrastructure, the leading infrastructure engineering and construction company of the Shapoorji Pallonji Group, faced challenges during the first two days of bidding. On the second day of the share sale, Afcons Infrastructure IPO subscription stood at 36%. The segment for non-institutional … Read more
Every bank needs to maintain a balance between the credit card rewards offered to customers and profitability. The balance ensures the rewards program can be provided to customers on a sustainable basis in the long term. Banks like HDFC Bank and Axis Bank have restructured the benefits on their credit cards in the recent past. … Read more
Oil prices dropped approximately $4 per barrel on Monday after Israel’s retaliatory strike against Iran over the weekend left oil and nuclear facilities untouched, avoiding disruptions to energy supplies. By 1445 GMT, Brent futures had fallen by $4.13, or 5.43 per cent, to $71.92 per barrel, while U.S. WTI crude futures were down $4.04, or … Read more
If you are a regular traveller and use airlines on a frequent basis for the purpose, the rewards that you earn on your credit card spends can be utilised for booking flight tickets. Card issuing banks offer free air miles for your spending in select categories, which can then be redeemed for booking flights. Though … Read more
Food and grocery delivery giant Swiggy is set to raise ₹11,300 crore through its initial public offering (IPO), which will open for public subscription on November 6. The price band of the upcoming IPO will be priced in the range of ₹371 to ₹390 each, according to PTI report. The IPO will close on November … Read more
You never know when a financial emergency might arise. Personal loans are one of the most preferred forms of debt during such times due to their versatility and diverse uses. Here are three reasons why you might consider taking a personal loan: Home renovation Building a house is just the beginning; every home needs renovations … Read more
“Businesses often struggle with scattered data across multiple systems, leading many to adopt data platforms like ours to consolidate, govern, and analyse data effectively,” he told Mint in a video interview from his office in San Mateo, California. Cloud data platforms help organisations integrate data from various departments and sources, enabling them to manage, analyse … Read more
Suzlon Share Price Today on : At 28 Oct 11:32 today, Suzlon shares are trading at price ₹69.26, 2.71% up from the previous closing price. Sensex is trading at ₹80249.22, up by 1.07%. The stock has hit a high of ₹69.41 and a low of ₹66.31 during the day. On the technical front, the stock … Read more