The story of Sahara India Pariwar founder Subrata Roy, who died in Mumbai on November 14 aged 75, is the stuff of movies – of a spectacular rise and an equally spectacular fall. Born in Araria, Bihar, Roy was 30 when he set up Sahara in 1978. He started with a capital of about Rs 2,000, a peon, a clerk […]
Read moreWhile the major index futures are currently pointing to a roughly flat open on Wall Street, early trading may be driven by reaction to remarks by Federal Reserve Chair Jerome Powell. Powell is scheduled to deliver opening remarks at the Division of Research and Statistics Centennial Conference just before the start of trading. Traders are likely to pay close attention […]
Read moreI’M always on the lookout for cosy indie games to play, as the latest big action adventure games and shooters are just not for me. So, when I heard that a double pack was being released for two games that have long been on my wishlist, I had to pick it up. The original Coffee Talk launched back in 2020, […]
Read moreSKY customers have been stuck watching an annoying, spinning red 'wheel of doom' whenever they try watching Netflix for several days. The broadcaster has acknowledged that its a customer-wide issue and is currently investigating an official fix. In a statement on X (formerly Twitter), Sky wrote: "We're aware that some customers when launching Netflix will see a spinning red circle. […]
Read moreA driver tried to renew their car insurance but was shocked to find out their existing provider had offered them a renewal quote of almost double what they were currently paying. When looking for cheaper quotes, Britons are encouraged to “shop around on the comparison sites” to find out how much money they could save. but even more so if […]
Read moreWith a sharp pullback in gasoline prices offsetting a continued increase in shelter prices, the Labor Department released a report on Tuesday showing U.S. consumer prices came in unchanged in the month of October. The Labor Department said its consumer price index was unchanged in October after climbing by 0.4 percent in September. Economists had expected consumer prices to inch […]
Read moreThe medium-term scenario for oil marketing companies (OMCs) is high risk due to the surging crude and gas prices. Apart from OPEC-plus cutting production, the Hamas-Israel conflict has caused fears of supply disruption. The July-September quarter of 2023-24 (Q2FY24) saw positive surprises for OMCs. Strong gross refining margins (GRMs) more than offset weak marketing margins. Most commodity traders are betting […]
Read moreThe stock of State Bank of India (SBI) may re-rate soon, believe analysts, if the lender manages to safeguard its net interest margin (NIM) going ahead. This, along with controlled credit costs, should aid the outlook of the stock which has been underperforming the markets for some time now. “We believe delivery of growth on guided lines, sustenance of NIMs […]
Read moreSave articles for later Add articles to your saved list and come back to them any time. “Investing in the sharemarket is like gambling.” I first heard this phrase as a teenager. Over the years, I would come to hear it many more times and by the time I reached adulthood, I had a well-ingrained fear of share market investing. […]
Read moreVictoria Scholar, head of investment at Interactive Investor, issues inflation and interest rate warning Prices started to rise two years ago, but the Bank of England infamously claimed the upwards trend would be “transitory”. BoE governor Andrew Bailey soon had egg on his face as inflation proved to be more than a passing phase. Prices soared due to shortages caused […]
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