It is better to fail in originality than to succeed in imitation. ~Herman Melville

Lunchbreak Magazine

Ajit Jain has sold half his stake in Buffett's Berkshire. But why?

Ajit Jain has sold half his stake in Buffett's Berkshire. But why?
Ajit Jain has sold half his stake in Buffett's Berkshire. But why?

Ajit Jain has sold half his stake in Buffett's Berkshire. But why?

There could be strategic reasons behind Ajit Jain’s decision. Specifically, it may have to do with what potential he sees in Berkshire Hathaway's shares in terms of rise in price

There could be strategic reasons behind Ajit Jain’s decision. Specifically, it may have to do with what potential he sees in Berkshire Hathaway's shares in terms of rise in ...

Ajit Jain has sold half his stake in Buffett's Berkshire. But why?

India's forex reserves hit record high of $689.24 billion 

India's forex reserves hit record high of $689.24 billion 
India's forex reserves hit record high of $689.24 billion 

India's forex reserves hit record high of $689.24 billion 

Foreign exchange reserves also include India’s reserve tranche position in the International Monetary Fund.

Foreign exchange reserves also include India’s reserve tranche position in the International Monetary Fund....

India's forex reserves hit record high of $689.24 billion 

Boeing in turbulence: Strikes, debt and the fight to stay airborne

Boeing in turbulence: Strikes, debt and the fight to stay airborne
Boeing in turbulence: Strikes, debt and the fight to stay airborne

Boeing in turbulence: Strikes, debt and the fight to stay airborne

Boeing finds itself in a precarious flight path, struggling to overcome strikes, manage ballooning debt and fend off the competitive pressure from Airbus while seeking to stabilise its faltering operation

Boeing finds itself in a precarious flight path, struggling to overcome strikes, manage ballooning debt and fend off the competitive pressure from Airbus while seeking to stab...

Boeing in turbulence: Strikes, debt and the fight to stay airborne

Sebi chief Buch, her husband deny conflict of interest allegations by Cong, call them motivated

Sebi chief Buch, her husband deny conflict of interest allegations by Cong, call them motivated
Sebi chief Buch, her husband deny conflict of interest allegations by Cong, call them motivated

Sebi chief Buch, her husband deny conflict of interest allegations by Cong, call them motivated

"The allegations are completely false, malicious and defamatory. Madhabi has complied with all the disclosure and recusal guidelines of Sebi," a statement from the Buchs said

"The allegations are completely false, malicious and defamatory. Madhabi has complied with all the disclosure and recusal guidelines of Sebi," a statement from the Buchs said...

Sebi chief Buch, her husband deny conflict of interest allegations by Cong, call them motivated

Russia's central bank raises interest rate to 19%, says economic growth has slowed down

Russia's central bank raises interest rate to 19%, says economic growth has slowed down
Russia's central bank raises interest rate to 19%, says economic growth has slowed down

Russia's central bank raises interest rate to 19%, says economic growth has slowed down

The bank has kept the possibility of increasing the already high interest rate even further in its next meeting, having noted that recent data shows the growth of the Russian economy has slowed down

The bank has kept the possibility of increasing the already high interest rate even further in its next meeting, having noted that recent data shows the growth of the Russian ...

Russia's central bank raises interest rate to 19%, says economic growth has slowed down

Cess to taxes: Key takeaways from meeting of five opposition-ruled states in Kerala

Cess to taxes: Key takeaways from meeting of five opposition-ruled states in Kerala
Cess to taxes: Key takeaways from meeting of five opposition-ruled states in Kerala

Cess to taxes: Key takeaways from meeting of five opposition-ruled states in Kerala

Discussions revolved around recommendations to the 16th Finance Commission. State leaders pressed for a larger share of tax revenues from the central government and raised concerns over the rising use of cesses

Discussions revolved around recommendations to the 16th Finance Commission. State leaders pressed for a larger share of tax revenues from the central government and raised con...

Cess to taxes: Key takeaways from meeting of five opposition-ruled states in Kerala

Bulls charge the bourses: Sensex crosses 83K mark, Nifty at fresh life high too amid stock market rally

Bulls charge the bourses: Sensex crosses 83K mark, Nifty at fresh life high too amid stock market rally
Bulls charge the bourses: Sensex crosses 83K mark, Nifty at fresh life high too amid stock market rally

Bulls charge the bourses: Sensex crosses 83K mark, Nifty at fresh life high too amid stock market rally

The 30-share BSE Sensex gained over 1,600 points and breached the 83,000 mark for the first time ever to clock a fresh lifetime high of 83,116.19. Meanwhile, the broader Nifty 50 index hit a record high of 25,433.35 points after rising over 500 points

The 30-share BSE Sensex gained over 1,600 points and breached the 83,000 mark for the first time ever to clock a fresh lifetime high of 83,116.19. Meanwhile, the broader Nifty...

Bulls charge the bourses: Sensex crosses 83K mark, Nifty at fresh life high too amid stock market rally

How China is dividing Europe to scuttle its EV tariff plan, push own industry

How China is dividing Europe to scuttle its EV tariff plan, push own industry
How China is dividing Europe to scuttle its EV tariff plan, push own industry

How China is dividing Europe to scuttle its EV tariff plan, push own industry

With China’s electric vehicles flooding the market, Europe’s unity is tested as member states clash over protectionism or cooperation

With China’s electric vehicles flooding the market, Europe’s unity is tested as member states clash over protectionism or cooperation...

How China is dividing Europe to scuttle its EV tariff plan, push own industry

Tamil Nadu government to meet Samsung officials in a bid to resolve workers' strike near Chennai

Tamil Nadu government to meet Samsung officials in a bid to resolve workers' strike near Chennai
Tamil Nadu government to meet Samsung officials in a bid to resolve workers' strike near Chennai

Tamil Nadu government to meet Samsung officials in a bid to resolve workers' strike near Chennai

Workers at Samsung's Sriperumbudur plant are on strike, demanding higher wages, reduced hours, and union recognition

Workers at Samsung's Sriperumbudur plant are on strike, demanding higher wages, reduced hours, and union recognition...

Tamil Nadu government to meet Samsung officials in a bid to resolve workers' strike near Chennai

Bajaj Housing Finance IPO gets record Rs 3.2 lakh cr subscription, here's how to check allotment status today

Bajaj Housing Finance IPO gets record Rs 3.2 lakh cr subscription, here's how to check allotment status today
Bajaj Housing Finance IPO gets record Rs 3.2 lakh cr subscription, here's how to check allotment status today

Bajaj Housing Finance IPO gets record Rs 3.2 lakh cr subscription, here's how to check allotment status today

Bajaj Housing Finance IPO generated a demand for about Rs 3.2 lakh crore, an oversubscription figure of over 67 times, a first in India  

Bajaj Housing Finance IPO generated a demand for about Rs 3.2 lakh crore, an oversubscription figure of over 67 times, a first in India  ...

Bajaj Housing Finance IPO gets record Rs 3.2 lakh cr subscription, here's how to check allotment status today

US consumer inflation eases more than expected: Will a big interest rate cut follow soon?

US consumer inflation eases more than expected: Will a big interest rate cut follow soon?
US consumer inflation eases more than expected: Will a big interest rate cut follow soon?

US consumer inflation eases more than expected: Will a big interest rate cut follow soon?

This weaker-than-expected reading means that the case for the US Fed to make cut rates faster has been bolstered. Bringing down interest rates faster would mean that the US FOMC would need to make bigger cuts

This weaker-than-expected reading means that the case for the US Fed to make cut rates faster has been bolstered. Bringing down interest rates faster would mean that the US FO...

US consumer inflation eases more than expected: Will a big interest rate cut follow soon?

Indian parents want children to study abroad even if it puts strain on retirement savings: Survey

Indian parents want children to study abroad even if it puts strain on retirement savings: Survey
Indian parents want children to study abroad even if it puts strain on retirement savings: Survey

Indian parents want children to study abroad even if it puts strain on retirement savings: Survey

As many as 27 per cent of affluent Indian respondents who have at leas one child studying abroad or planning to do so, said they would consider selling assets to meet the high cost of education

As many as 27 per cent of affluent Indian respondents who have at leas one child studying abroad or planning to do so, said they would consider selling assets to meet the high...

Indian parents want children to study abroad even if it puts strain on retirement savings: Survey

Brent crude prices hover near 3-year low: 5 reasons why oil's market value is falling globally

Brent crude prices hover near 3-year low: 5 reasons why oil's market value is falling globally
Brent crude prices hover near 3-year low: 5 reasons why oil's market value is falling globally

Brent crude prices hover near 3-year low: 5 reasons why oil's market value is falling globally

From forecast by Opec+ and expectations of softened demand in US, China, and Asia, to progress on the Gaza ceasefire deal, here are the global factors pulling oil prices down

From forecast by Opec+ and expectations of softened demand in US, China, and Asia, to progress on the Gaza ceasefire deal, here are the global factors pulling oil prices down...

Brent crude prices hover near 3-year low: 5 reasons why oil's market value is falling globally

After 3 years, Ford in talks to restart vehicle production for exports from India

After 3 years, Ford in talks to restart vehicle production for exports from India
After 3 years, Ford in talks to restart vehicle production for exports from India

After 3 years, Ford in talks to restart vehicle production for exports from India

Ford Motor, a US automaker, had stopped making cars in India about three years ago after struggling to boost sales in a market dominated by Asian rivals

Ford Motor, a US automaker, had stopped making cars in India about three years ago after struggling to boost sales in a market dominated by Asian rivals...

After 3 years, Ford in talks to restart vehicle production for exports from India

Harris-Trump debate’s effect on investors: US stock futures slip, dollar edges lower in Asia

Harris-Trump debate’s effect on investors: US stock futures slip, dollar edges lower in Asia
Harris-Trump debate’s effect on investors: US stock futures slip, dollar edges lower in Asia

Harris-Trump debate’s effect on investors: US stock futures slip, dollar edges lower in Asia

Online prediction market PredictIt's 2024 presidential general election market showed Harris' odds at improving to 55% from 52% immediately before the debate, while Trump's odds slipped to 47% from 51%

Online prediction market PredictIt's 2024 presidential general election market showed Harris' odds at improving to 55% from 52% immediately before the debate, while Trump's od...

Harris-Trump debate’s effect on investors: US stock futures slip, dollar edges lower in Asia

Beyond Samsung saga, are global majors facing labour woes in India?

Beyond Samsung saga, are global majors facing labour woes in India?
Beyond Samsung saga, are global majors facing labour woes in India?

Beyond Samsung saga, are global majors facing labour woes in India?

Strikes and demonstrations have become an essential tool for workers' unions to fight unfair conditions levied by MNCs that set up operations in India for cheap labour they can exploit

Strikes and demonstrations have become an essential tool for workers' unions to fight unfair conditions levied by MNCs that set up operations in India for cheap labour they ca...

Beyond Samsung saga, are global majors facing labour woes in India?

Celebrate Women Leading India’s Transformation at News18 SheShakti 2024

Celebrate Women Leading India’s Transformation at News18 SheShakti 2024
Celebrate Women Leading India’s Transformation at News18 SheShakti 2024

Celebrate Women Leading India’s Transformation at News18 SheShakti 2024

This year’s News18 SheShakti on September 16 showcases an inspiring line-up of women who are setting new benchmarks in excellence and driving societal change through their leadership. Under the theme ‘Breaking Barriers’, we celebrate women from all walks of life who have defied the odds and emerged as champions across diverse fields

This year’s News18 SheShakti on September 16 showcases an inspiring line-up of women who are setting new benchmarks in excellence and driving societal change through their l...

Celebrate Women Leading India’s Transformation at News18 SheShakti 2024

China surpasses export expectations but sluggish domestic demands impacts imports

China surpasses export expectations but sluggish domestic demands impacts imports
China surpasses export expectations but sluggish domestic demands impacts imports

China surpasses export expectations but sluggish domestic demands impacts imports

Exports from the world's second-largest economy grew 8.7 per cent year-on-year in value last month, the quickest since March 2023, but imports rose by just 0.5 per cent

Exports from the world's second-largest economy grew 8.7 per cent year-on-year in value last month, the quickest since March 2023, but imports rose by just 0.5 per cent...

China surpasses export expectations but sluggish domestic demands impacts imports

Indian options market: Growth, speculation and economic risks ahead

Indian options market: Growth, speculation and economic risks ahead
Indian options market: Growth, speculation and economic risks ahead

Indian options market: Growth, speculation and economic risks ahead

The rapid expansion of India's options market offers significant opportunities for investors but raises concerns about increased speculation and its potential to destabilise the broader economy

The rapid expansion of India's options market offers significant opportunities for investors but raises concerns about increased speculation and its potential to destabilise t...

Indian options market: Growth, speculation and economic risks ahead

China ventures into medical tourism with a luxe twist while India leads in affordability

China ventures into medical tourism with a luxe twist while India leads in affordability
China ventures into medical tourism with a luxe twist while India leads in affordability

China ventures into medical tourism with a luxe twist while India leads in affordability

Driven by economic challenges and a need to attract foreign investment, China turns to premium medical tourism while India continues to lead in affordability

Driven by economic challenges and a need to attract foreign investment, China turns to premium medical tourism while India continues to lead in affordability...

China ventures into medical tourism with a luxe twist while India leads in affordability

16 things about India's biggest week of IPOs in years 

16 things about India's biggest week of IPOs in years 
16 things about India's biggest week of IPOs in years 

16 things about India's biggest week of IPOs in years 

This week investors have options to put money on 16 IPOs which are aiming to raise nearly Rs 9,000 crore in the market

This week investors have options to put money on 16 IPOs which are aiming to raise nearly Rs 9,000 crore in the market ...

16 things about India's biggest week of IPOs in years 

Rs 27,000 cr bank loan fraud: ED attaches biz group's land, shares, and farm houses unde PMLA

Rs 27,000 cr bank loan fraud: ED attaches biz group's land, shares, and farm houses unde PMLA
Rs 27,000 cr bank loan fraud: ED attaches biz group's land, shares, and farm houses unde PMLA

Rs 27,000 cr bank loan fraud: ED attaches biz group's land, shares, and farm houses unde PMLA

ED searches uncovered a complex network of over 500 shell companies used by the diversified group to hold and invest in high-value real estate and luxury properties

ED searches uncovered a complex network of over 500 shell companies used by the diversified group to hold and invest in high-value real estate and luxury properties...

Rs 27,000 cr bank loan fraud: ED attaches biz group's land, shares, and farm houses unde PMLA

Big trouble for Byju's amid bankruptcy woes: Tax department seeks $101 million in unpaid dues

Big trouble for Byju's amid bankruptcy woes: Tax department seeks $101 million in unpaid dues
Big trouble for Byju's amid bankruptcy woes: Tax department seeks $101 million in unpaid dues

Big trouble for Byju's amid bankruptcy woes: Tax department seeks $101 million in unpaid dues

Indian tax authorities are seeking $101 million in unpaid dues from Byju’s, the once-prominent education technology firm now in insolvency. Byju’s, valued at $22 billion in 2022, is facing claims from 1,887 creditors totaling over $1.5 billion, following regulatory challenges and a dispute with US lenders demanding $1 billion

Indian tax authorities are seeking $101 million in unpaid dues from Byju’s, the once-prominent education technology firm now in insolvency. Byju’s, valued at $22 billion i...

Big trouble for Byju's amid bankruptcy woes: Tax department seeks $101 million in unpaid dues

Here's how India's share leapt ahead of China's in Morgan Stanley's key Emerging Markets index

Here's how India's share leapt ahead of China's in Morgan Stanley's key Emerging Markets index
Here's how India's share leapt ahead of China's in Morgan Stanley's key Emerging Markets index

Here's how India's share leapt ahead of China's in Morgan Stanley's key Emerging Markets index

The MSCI EM IMI, which consists of 3,355 stocks, covers large, mid, and small-cap companies from 24 emerging markets. India’s share in the index now stands at 22.27 per cent, compared to China’s 21.58 per cent

The MSCI EM IMI, which consists of 3,355 stocks, covers large, mid, and small-cap companies from 24 emerging markets. India’s share in the index now stands at 22.27 per cent...

Here's how India's share leapt ahead of China's in Morgan Stanley's key Emerging Markets index

Why fixed deposits can't offer mutual fund-like rates: 5 points

Why fixed deposits can't offer mutual fund-like rates: 5 points
Why fixed deposits can't offer mutual fund-like rates: 5 points

Why fixed deposits can't offer mutual fund-like rates: 5 points

Indian Banks' Association (IBA) chairman MV Rao said mutual funds can offer more than bank deposits as they do not have end use verifications and restrictions on priority sector or to the MSME or government schemes

Indian Banks' Association (IBA) chairman MV Rao said mutual funds can offer more than bank deposits as they do not have end use verifications and restrictions on priority sect...

Why fixed deposits can't offer mutual fund-like rates: 5 points

Google used anti-competitive tactics for ad biz, abused dominance to hurt rivals: UK watchdog

Google used anti-competitive tactics for ad biz, abused dominance to hurt rivals: UK watchdog
Google used anti-competitive tactics for ad biz, abused dominance to hurt rivals: UK watchdog

Google used anti-competitive tactics for ad biz, abused dominance to hurt rivals: UK watchdog

The watchdog said Google is using this dominance to favour its own services, giving itself an unfair advantage over competitors. The findings come as Google faces similar scrutiny from the US Department of Justice and the European Commission

The watchdog said Google is using this dominance to favour its own services, giving itself an unfair advantage over competitors. The findings come as Google faces similar scru...

Google used anti-competitive tactics for ad biz, abused dominance to hurt rivals: UK watchdog

Rising stock markets made India's top CXOs richer by over Rs 10,300 cr: Report

Rising stock markets made India's top CXOs richer by over Rs 10,300 cr: Report
Rising stock markets made India's top CXOs richer by over Rs 10,300 cr: Report

Rising stock markets made India's top CXOs richer by over Rs 10,300 cr: Report

Over the past two fiscal years, around 90 million Esops were issued by 12 major companies in the Nifty 50. Companies have shifted towards stock-linked incentives to counter rising competition for talent

Over the past two fiscal years, around 90 million Esops were issued by 12 major companies in the Nifty 50. Companies have shifted towards stock-linked incentives to counter ri...

Rising stock markets made India's top CXOs richer by over Rs 10,300 cr: Report

China's new move to take on Wall Street: A $230 bln brokerage powerhouse

China's new move to take on Wall Street: A $230 bln brokerage powerhouse
China's new move to take on Wall Street: A $230 bln brokerage powerhouse

China's new move to take on Wall Street: A $230 bln brokerage powerhouse

Shanghai-based Guotai Junan Securities is set to acquire its cross-town rival Haitong Securities via a share swap. The deal is subject to regulatory and shareholder approval

Shanghai-based Guotai Junan Securities is set to acquire its cross-town rival Haitong Securities via a share swap. The deal is subject to regulatory and shareholder approval...

China's new move to take on Wall Street: A $230 bln brokerage powerhouse
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