If you are a salaried employee in India, you must be contributing to Employees’ Provident Fund (EPF) every month, while your employer also makes a matching contribution. This scheme is considered one of the safest retirement savings options because it offers tax benefits and allows your invested money to grow steadily through compounding over the…
Key Points Elon Musk’s company rewrote record books over the last eight weeks with Wall Street’s largest-ever initial public offering (IPO). SpaceX’s staggered and accelerated share-unlock schedule enables select insiders to begin selling their shares on the second trading day after the company’s first earnings report as a public company. SpaceX’s historically low float may…
Republicans argue that bills are needed to increase transparency and accountability.
Forget AI-leased data centers. Summer camps are emerging as one of real estate’s hottest asset classes. Simad Holdings, which owns 30 summer camps across the country, was forced to auction off much of its portfolio after the company filed for bankruptcy earlier this year. The result suggests that the camps themselves were not the problem. …
Veteran market investor Madhusudan Kela‘s family has trimmed its stake in technology solutions provider Rashi Peripherals during the April–June quarter of FY27 after the stock rallied over 140% in 2026 and nearly 200% over the past year. The exact price at which the shares were sold and the dates of the transactions are yet to…
Those who have been keeping a close eye on the commodities market know that critical material supply chains have become a top priority for nations worldwide. Not only has the United States been seeking to end its reliance on China for critical materials, but the European Union is also ramping up its efforts. Key Takeaways: Critical…
DBS Group, Singapore’s largest bank, raised its full-year guidance after reporting a stronger-than-expected 9% rise in second-quarter net profit, supported by robust growth in wealth management, treasury customer sales and trading income, according to Reuters. The lender posted a record quarterly net profit of S$3.08 billion ($2.40 billion) for the April-June period, surpassing analysts’ expectations….
Indian Prime Minister Narendra Modi is one of the most powerful leaders in the world. Domestically popular and internationally influential, his government has long appeared almost unassailable. Recently, however, that aura of invincibility has begun to crack. Massive protests, led by the satirical Cockroach Janta Party, forced his education minister to resign. We’ve seen this…
Earnings call transcript: CLP Holdings posts H1 2026 earnings growth as stock slips
Shares of food delivery and quick-commerce platform Swiggy climbed nearly 3% to trade at Rs 297.25 on Thursday after the company unveiled an aggressive long-term growth roadmap during its Capital Markets Day. Investors cheered Swiggy’s ambitious target to achieve Rs 10,000 crore in Adjusted EBITDA by fiscal year 2031. The growth strategy relies on driving…