Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died. He was 99.
Munger's death was confirmed in a statement from the company, which said he died Tuesday at a California hospital.
Munger served as Buffett's sounding board on investments and business decisions and helped lead Berkshire as its vice chairman for decades.
Munger preferred to stay in the background and let Buffett be the face of Berkshire, and he often downplayed his contributions to the company's remarkable success.
But Buffett always credited Munger with pushing him beyond his early value investing strategies to buy great businesses.
"Charlie has taught me a lot about valuing businesses and about human nature," Buffett said in 2008.
Buffett's early successes were based on what he learned from former Columbia University professor Ben Graham. He would buy stock in companies that were selling cheaply for less than their assets were worth, and then, when the market p

Charlie Munger

Press Trust of India

The workers were pulled out through a passageway made of welded pipes which rescuers previously pushed through rocks

Uttarakhand CM Pushkar Singh Dhami and Union Minister of State for Road Transport & Highways VK Singh greet rescued workers coming out of the collapsed Silkyara Tunnel. (PTI Photo)

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To compound the issue, China, the world's second-largest economy, is already slowing down and grappling with a crisis in its real estate market

india china

Rs 17K cr offer at Rs 4,150 per share to open on Dec 1

Tata Sons set to earn record dividend worth nearly Rs 33,350 cr in FY23

Tata Sons

With a market cap of almost $48 trillion US is by-far the world's largest equity market. Followed by China ($9.7 trillion) and Japan ($6 trillion)

Stock market, BSE

Addressing a public meeting in the poll-bound state on Sunday, the Union Home Minister said, "The upcoming elections are about deciding the future of the Telangana

Amit Shah

The opposition BJP will open control rooms at the state district level for its workers and leaders to receive complains about police harassment, Karnataka BJP chief B Y Vijayendra said on Sunday.
In a message on 'X', the Shikaripur MLA said the party will provide legal aid to them (workers) if they are harassed for speaking up against the anti-people attitude of the Congress government in the state.
"We have been hearing complaints about police harassment targeting our BJP workers who are active on social media. Activists do not need to shy away from anything to raise their voice against the anti-people attitude of the Congress government and against the government's failures on any platform including social media," Vijayendra, son of BJP strongman and former Chief Minister B S Yediyurappa, said.
"The law has not empowered the police to suppress the freedom of expression given to people by the constitution," the BJP leader said.
In this regard, the party will immediately come to th

BJP, Congress

Union Law Minister Arjun Ram Meghwal on Sunday said India was able to strengthen democracy as the judiciary and the governments did their work.
He also said that India fared better than its neighbours due to its Constitution, which he described as a living document.
Addressing an event in the presence of President Droupadi Murmu and Chief Justice of India D Y Chandrachud to celebrate Constitution Day, the minister said the country has been able to come out of adverse situations due to its Constitution.
"Countries around us got independence -- Pakistan attained independence with us; Sri Lanka got independence before us but disturbance, Nepal there was disturbance, there was disturbance in Myanmar," he said adding Bangladesh also faced problems.
"But there is only one key reason as to why we moved in the right direction. We had the living document, the Constitution," he said.
The minister said India came out several adverse situations due to the Constitution.
"We came out of variou

Union Law Minister Arjun Ram Meghwal speaks in the Lok Sabha during the special session of the Parliament

Real estate company Saya Group on Sunday said it will infuse Rs 4,000 crore over the next three years in its projects in Noida, Greater Noida and Ghaziabad.
The development includes 2.33 million square feet commercial area where it will invest Rs 2,500 crore besides Rs 1,500 crore in luxury high-end residential project in Ghaziabad's Indirapuram.
The group said at the forefront of its works stands the ongoing project, Saya Status, adjacent to the Noida-Greater Expressway, which is set to be India's tallest mall and encompasses a vast expanse of 1.4 million square feet, according to a statement.
The anticipated possession of Saya Status is slated for 2025, it added.
Saya Group's Chairman and Managing Director Vikas Bhasin claimed an "impeccable track record of delivering projects ahead of their designated deadlines."
"This remarkable feat is a testament to the company's robust financial foundation and unwavering commitment to timely project delivery," Bhasin said.
The group's land

Housing Chinese economy

He noted that prosperity doesn't just come from wealth and resources but from upholding and demonstrating one's cultural values

narendra modi

However, for FY25, the GDP growth projection has been slashed by 50 basis points (bps) to 6.4 per cent

India's growth, India GDP, economic growth

Tamil Nadu Chief Minister M K Stalin on Sunday said NEET was imposed on Tamil Nadu, "destroying" its medical infrastructure, and asserted that the state will get itself exempted, with public support.
Virtually addressing the 4th state conference of the Doctors' Association for Equality (DASE), Stalin recalled the many suicides of medical aspirants in the state allegedly over the National Entrance-cum-Eligibility Test, which was "imposed" on Tamil Nadu to "destroy the medical infrastructure" created in the state.
"We have embarked on a legal struggle to ensure NEET exemption. Some may say with arrogance, even some in (official) positions may say that NEET exemption is not possible. (But) NEET exemption is our aim and it will happen with public support," Stalin said.
An anti-NEET signature campaign initiated by the DMK's youth wing, student wing and medical wing has become a "people's movement," Stalin, who is also the ruling party president, added.
The Tamil Nadu government has, mor

M K Stalin

Uttar Pradesh's ban on halal-certified products has transformed into a legal and political hot pot, tenderising the landscape and carving up a lucrative market

meat, meat ban, ban, beef, salughter

In trying to please everyone, India is seen as neither fish nor fowl. India must rethink whether it can claim leadership of Global South by supporting a perspective not very different from the West

israel, gaza, army

Union Education Minister Dharmendra Pradhan on Sunday said that the Centre has advised IITs and IIMs to become multi-disciplinary to venture beyond their respective areas of specialisation.
Pradhan, while speaking at the inauguration of Odisha Research Centre, said priority has been given to imparting multi-disciplinary education through the National Education Policy, 2020 and IITs and IIMs will also move in this direction.
Odisha Governor Raghubar Das, his Chhattisgarh counterpart Biswa Bhusan Harichandan and Pradhan jointly inaugurated the centre here at an event.
The centre will conduct research on art, culture, archaeology, tradition and literature, sociology of Odisha, political process and political culture, agriculture, commerce, business and industry, development trends of contemporary Odisha, science and technology and healthcare, and future technology.
It will also work on smart cities, climate change, protection of the environment, sustainable development, semiconductors

Dharmendra Pradhan

Uttarakhand Chief Minister Pushkar Singh Dhami Wednesday met the workers rescued from the Silkyara tunnel and kept under medical observation at a hospital in Chinyalisaur and handed over Rs 1 lakh to each of them.
He also spoke to their family members waiting outside the hospital. They thanked him for safely evacuating the trapped workers after almost 17 days.
In the hospital, Dhami went from bed to bed speaking to each one of the rescued workers and handing over cheques to them.
The chief minister also announced Rs 50,000 reward for each of the rescue workers who went inside the evacuation passage and helped the trapped labourers come out of the tunnel.
"I am no less happy about their (workers) evacuation than their families. My Diwali, Igas or Dev Deepavali came yesterday as they were evacuated," the Uttarakhand chief minister told PTI earlier.
Dhami said the workers were like his family. "After all they work for us...for the country."
He thanked the local deity Baba Baukhnag, 

Pushkar Singh dhami

The film 'Animal' has been in the making for over three years now. The Ranbir Kapoor-starrer was first officially announced on 31 December 2020

Ranbir Kapoor's Animal

BS Rich Content

Six persons were injured as five houses collapsed after a gas cylinder exploded in one of them in Chembur area of Mumbai on Wednesday morning, following which 11 people were rescued, civic officials said.  The incident took place at 7.50 am at Old Barrack near Golf Club in Chembur area.
"A gas cylinder exploded in a house, leading to the collapse of five two-storey structures," a civic official said.  Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable, he said.  Eleven people, including around five persons who were stranded on the first floors of the houses, were rescued, the official said.
Following the explosion, fire brigade, police, civic staff, ambulance service and other agencies were mobilised, a fire brigade official said.
"Five fire brigade vehicles are currently at the spot and the personn

Fire tenders at the site of explosion at a Gurudwara, in Kabul, Saturday, Jun 18, 2022.  Two people have died and several trapped in the Gurdwara after two blasts rocked the city this morning. (PTI Photo)

The Delhi High Court on Wednesday granted bail to Avtar Singh Kochar in the money laundering as well as in the MCOCA case

Delhi High Court

Prime Minister Narendra Modi will virtually interact with beneficiaries of the Viksit Bharat Sankalp Yatra on Thursday.The Viksit Bharat Sankalp Yatra is being undertaken across the country with the aim to attain saturation of flagship schemes of the government through ensuring that the benefits of these schemes reach all targeted beneficiaries in a time-bound manner.The Viksit Bharat Sankalp Yatra was launched by the Prime Minister on November 15 from Khunti, Jharkhand. As a part of On-Spot services under the Viksit Bharat Sankalp Yatra, Health Camps are being organized at the places of halt of the IEC Van in the Gram PanchayatsAs on 26 November 2023, 5,470 Health camps have been conducted in 995 Gram Panchayats reporting a total footfall of more than 7,82,000 people according to a PIB release.Under the flagship Pradhan Mantri Jan Arogya Yojna (AB-PMJAY) scheme of MoHFW for the Viksit Bharat Sankalp Yatra, Ayushman cards are being created using the Ayushman app and physical cards are

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U'khand tunnel: CM meets rescued workers, gives Rs 1 lakh cheque to each

The movie 'Animal': Everything you need to know about Ranbir Kapoor's Film

Six injured as 5 houses collapse after gas cylinder explosion in Mumbai

Delhi High Court grants bail to Avtar Singh Kochar in ED, Mcoca case

PM to virtually interact with 'Viksit Bharat Sankalp Yatra' beneficiaries

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Charlie Munger, Warren Buffet's sidekick at Berkshire Hathaway, dies at 99

Uttarakhand tunnel collapse: How workers were rescued after 17 days

China mysterious disease outbreak: Indian exporters fear likely impact

Tata Sons likely to mop up Rs 12,284 crore from TCS share buyback

Indian markets hit historic $4 trn market cap milestone for the first time

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