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Berkshire Hathaway Inc. spent about $4.5 billion to buy back its own shares in the second quarter and purchased nearly $20 billion of equities in the period, signs that Chief Executive Officer Greg Abel is putting more of the firm’s cash pile to work. Berkshire started buying back its own shares in the first quarter…
HDFC Mid Cap Fund has crossed the ₹1 lakh crore AUM milestone, becoming the fourth active mutual fund scheme to reach this level after Parag Parikh Flexi Cap Fund, HDFC Flexi Cap Fund and HDFC Balanced Advantage Fund. The milestone has also raised a question for investors: can a mutual fund become too large to…
After PhonePe founder and CEO Sameer Nigam assured consumers that UPI payments would remain free for them, Razorpay’s chief Harshil Mathur has also come out in support of keeping UPI transactions free for users. The clarification comes after the Lok Sabha passed the Taxation and Other Laws (Amendment) Bill, 2026, which allows the government to…
A retired school teacher from Mysore who had deposited ₹1.33 crore in cash across bank accounts and had not filed an income tax return for assessment year (AY) 2015-16 has won his tax dispute before the Income Tax Appellate Tribunal (ITAT), Bangalore. The tribunal did not rule that the cash deposits were automatically tax-free. Instead,…
Foreign Portfolio Investors (FPIs) maintained their buying spree in Indian equities, investing Rs 12,921 crore in the first week of August, driven by improving macroeconomic conditions, expectations of US rate cuts, lower crude oil prices and a stable rupee. The inflow follows a Rs 20,200-crore investment in July, marking a sharp turnaround after four consecutive…
The combined market valuation of four of the top-10 most valued firms jumped Rs 1.43 lakh crore last week, with State Bank of India emerging as the biggest gainer. Last week, the BSE benchmark Sensex climbed 404.53 points, or 0.51 per cent, and the NSE Nifty went up by 187.05 points, or 0.76 per cent….
If you are a salaried employee, you most likely have an EPF account, where a portion of your salary is deposited every month and your employer makes a matching contribution. Over the years, these contributions, along with interest credited by EPFO, can build a substantial retirement corpus. Because of this, many retirees assume that if…
Central government teachers have placed a fresh set of demands before the 8th Pay Commission, seeking changes in pension, retirement age, leave entitlements, promotions and healthcare benefits. According to a report by ET Wealth Online, the demands were raised by a central government school teachers’ body under the All India NPS Employees’ Federation (AINPSEF) during…
The Securities and Exchange Board of India (SEBI) is increasingly turning to artificial intelligence to monitor misleading and fraudulent financial content online, as the regulator faces a growing challenge from unregistered finfluencers influencing retail investors. Since its launch in November 2025, SEBI’s Project SUDARSAN has identified more than 20,000 instances of fraudulent content and posts…
Rapidly expanding data centre ecosystem in India will significantly drive demand for residential real estate and reshape urban corridors over the coming years, research by proptech company Square Yards found. The proposed data centre expansion of 9,030 MW could potentially generate some 4.33 lakh ecosystem jobs and create demand for an estimated 195 million square…