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One in three Indian investment advisors are not registered, says Sebi

The comments from Buch, the first woman to head India's markets regulator, come as the south Asian country continues to see an unprecedented retail investing boom

One in three Indian investment advisors are not registered, says Sebi
Updated On : 04 Oct 2023 | 11:11 PM IST

US companies added 89,000 jobs, fewest since early 2021 in ADP data

Stock futures rose and Treasury yields sank after the report as the odds of another Federal Reserve interest-rate hike by year-end declined

US companies added 89,000 jobs, fewest since early 2021 in ADP data
Updated On : 04 Oct 2023 | 7:40 PM IST

Forex pile remains Asia's first defense against relentless US dollar

Focus is shifting to what steps authorities in the region may take after verbal warnings and stronger fixings failed to arrest the downdraft in their currencies

Forex pile remains Asia's first defense against relentless US dollar
Updated On : 04 Oct 2023 | 8:53 AM IST

Kevin McCarthy ouster: Here are the Republican contenders in the mix

Rep. Matt Gaetz (R-Fla.), the far-right lawmaker who led the push to oust McCarthy, has floated Scalise as a possible replacement

Kevin McCarthy ouster: Here are the Republican contenders in the mix
Updated On : 04 Oct 2023 | 7:28 AM IST

How a debt iceberg might turn resources titan Vedanta into Titanic

A corporate presentation notes the "consistent shareholder returns" from more than $11 billion in dividends over the past decade

How a debt iceberg might turn resources titan Vedanta into Titanic
Updated On : 04 Oct 2023 | 7:22 AM IST

Twitter executives win $1.1 million in legal fees from Elon Musk's X

The former executives argued Twitter violated its own bylaws by refusing to cover the sums even though they were tied to investigations of the social-media platform's operations

Twitter executives win $1.1 million in legal fees from Elon Musk's X
Updated On : 04 Oct 2023 | 7:16 AM IST

Hotel prices in Paris surge up to 300% ahead of next year's Olympics

Travelers heading to the French capital can expect to pay about $685 a night for a three-star hotel, compared with around $178 for a typical July stay, according to data from Google

Hotel prices in Paris surge up to 300% ahead of next year's Olympics
Updated On : 04 Oct 2023 | 12:25 AM IST

BYD set to race past Tesla as world's biggest electric car seller: Report

China's best-selling car brand came within a whisker of toppling Tesla last quarter after factory downtime led to the US automaker's first delivery decline in more than a year

BYD set to race past Tesla as world's biggest electric car seller: Report
Updated On : 04 Oct 2023 | 12:18 AM IST

Musk sued for defamation over false neo-Nazi claim against California man

In a June 27 post, Musk re-tweeted and commented on a blog post making the allegations against Brody

Musk sued for defamation over false neo-Nazi claim against California man
Updated On : 04 Oct 2023 | 12:00 AM IST

Zoom adds features like document editing in bid to compete with Microsoft

Collaborative document editing, similar to Alphabet Inc.'s Google Docs, will be made available in Zoom next year, the company announced Tuesday ahead of its annual conference

Zoom adds features like document editing in bid to compete with Microsoft
Updated On : 03 Oct 2023 | 11:50 PM IST

US job openings top all forecasts as white-collar positions jump in August

The number of available positions increased to 9.61 million from a revised 8.92 million in July, the Bureau of Labor Statistics' Job Openings and Labor Turnover Survey, or JOLTS

US job openings top all forecasts as white-collar positions jump in August
Updated On : 03 Oct 2023 | 10:04 PM IST

US Treasury 30-year bond yield rises 8 bps to hit highest level since 2007

Shorter-maturity Treasury yields had previously reached the highest levels since at least 2007, and extended their climb Tuesday

US Treasury 30-year bond yield rises 8 bps to hit highest level since 2007
Updated On : 03 Oct 2023 | 7:11 PM IST

TSMC's $72 bn rout concerns investors of prolonged weakness in chip sector

The 12-month earnings estimate for TSMC has also been revised down by about 8% from a high in October last year, according to Bloomberg data

TSMC's $72 bn rout concerns investors of prolonged weakness in chip sector
Updated On : 03 Oct 2023 | 5:32 PM IST

HDFC Bank revamps top management, seeks to propel mortgage business

HDFC agreed last April to acquire the country's largest mortgage lender in a deal valued at about $60 billion to ride a boom in home loans and consumer spending

HDFC Bank revamps top management, seeks to propel mortgage business
Updated On : 03 Oct 2023 | 4:11 PM IST

Tesla Inc's sales drop brings BYD the closest ever to global EV crown

Including hybrids, Shenzhen-based BYD sold a total 822,094 vehicles for another record quarter, helping it cement its lead as China's best-selling car brand

Tesla Inc's sales drop brings BYD the closest ever to global EV crown
Updated On : 03 Oct 2023 | 7:43 AM IST

Microsoft Corp was willing to drop Bing name to nab Apple search deal

Taking the stand at Google's antitrust trial, Microsoft's Nadella described the lengths his company was willing to go to become Apple's default search engine

Microsoft Corp was willing to drop Bing name to nab Apple search deal
Updated On : 03 Oct 2023 | 7:24 AM IST

Ex-Googler's struggling search startup becomes antitrust cautionary tale

Taking the stand Monday in federal court in Washington, Neeva co-founder Sridhar Ramaswamy recalled how the company thought it could deliver a better search experience by charging consumers

Ex-Googler's struggling search startup becomes antitrust cautionary tale
Updated On : 03 Oct 2023 | 7:16 AM IST

As households save less, India's growth story may not have happy ending

What the data suggests, however, is that India's numbers are unsustainable. They're driven by debt-fueled household consumption and government investment

As households save less, India's growth story may not have happy ending
Updated On : 03 Oct 2023 | 7:02 AM IST

Here's why a US recession may still be on the cards for its economy

A summer in which inflation trended lower, jobs remained plentiful and consumers kept spending has bolstered confidence that the world's biggest economy will avoid recession

Here's why a US recession may still be on the cards for its economy
Updated On : 03 Oct 2023 | 12:02 AM IST

Gold prices decline for a sixth straight day, hits seven-month low

Treasury yields climbed on Monday after a US government shutdown was averted over the weekend, pushing gold down to the lowest since March

Gold prices decline for a sixth straight day, hits seven-month low
Updated On : 02 Oct 2023 | 11:05 PM IST