Wealth creation demands more than savings accounts. Robert G. Allen highlights that millionaires grow fortunes through investments like stocks and real estate. These assets historically outpace inflation, unlike savings accounts where money can lose purchasing power. Investing focuses on capital growth, while saving preserves it. Embracing calculated risks and diversification is key to financial independence.Read More
Indian government bond yields fell in February as surplus banking liquidity supported demand ahead of record government borrowing in the next fiscal year, while the yield curve steepened as rates across tenors were impacted by varied factors.Read More
Credent Global Finance raised Rs 30 crore through a QIP to strengthen its growth capital following a sharp jump in quarterly earnings. The fundraise supports its expansion strategy as revenue and net profit surged sharply year-on-year. The company also expanded its leadership team to drive its next phase of growth.Read More
Redington shares surged up to 17% after a teaser from Apple CEO Tim Cook hinted at major product launches next week. With Apple contributing nearly one-third of Redington’s revenue, investor enthusiasm spiked ahead of expected updates to iPhone, iPad and Mac lineups, reinforcing optimism around the distributor’s growth prospects.Read More
Astra Microwave Products is planning a demerger. Its space, meteorology, and hydrology business will become a new company called Astra Space Technologies Private Limited. This move aims for sharper management focus and better operational efficiency. Shareholders can expect value unlocking. The company expects to complete this by the first quarter of FY28.Read More
The Indian rupee strengthened in February to log its first monthly rise since April 2025 as a pick-up in foreign portfolio inflows and the announcement of a U.S. trade deal eased pressure on the emerging market laggard.Read More
India’s steel market has reversed course. Hot-rolled coil prices have risen significantly. This surge is driven by higher raw material costs, a government safeguard duty on imports, and strong infrastructure demand. Experts believe these factors will support prices in the near term. Demand is expected to grow, and producers’ margins are improving. The outlook for...Read More
Shares of Block jumped over 20% after Jack Dorsey announced strong Q4 profits and plans to cut 4,000 jobs, citing rising AI-driven efficiency. Markets rewarded the structural cost reset, highlighting how investors increasingly favour productivity gains from artificial intelligence over workforce size, despite concerns around social and organisational impact.Read More
Realty firm Brigade Group has tied up with Primus Senior Living to develop three housing projects in South India for elderly people with an estimated revenue of Rs 750 crore.Read More
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