BUSINESS

Conflict of Interest? Warren Buffett's Personal Stock Moves Aligned with Berkshire's, Claims ProPublica Probe
Newsmen Business Desk -
According to ProPublica's findings, Buffett engaged in stock trades in his personal account on at least three occasions, aligning with transactions made by his company, Berkshire Hathaway. This revelation raises eyebrows, as Buffett has consistently emphasized the avoidance of such practices due to potential conflicts of interest.
Dhanteras Witnesses Robust Demand for Gold and Silver Ornaments; Traders Anticipate Sales to Surpass Last Year's Levels
Newsmen Business Desk -
The softening of gold prices has instilled confidence among traders, who are optimistic about surpassing last year's sales figures.
Byju's Resolves Dispute with Davidson Kempner as Ranjan Pai of Manipal Acquires Debt
Newsmen Business Desk -
Ranjan Pai will collaborate with Byju’s in steering Aakash Education Services forward.
Nifty Registers a 9.4% Growth in Samvat 2079
Newsmen Business Desk -
"As we get into Samvat 2080, we believe markets would continue its outperformance on the back of strong earnings and a healthy economic outlook," he said.
India's Industrial Production Surges by 5.8% in September
Newsmen Business Desk -
The manufacturing sector, crucial for generating employment opportunities for recent engineering and college graduates, exhibited a more moderate growth of 4.5 percent.
Arrest Warrants for Nirav Modi and Kin Not Executed Since 2018; Court Decrees Separate Trial
Newsmen Business Desk -
Nirav Modi is currently facing extradition proceedings in the United Kingdom, while Neeshal Modi holds Belgian citizenship.
October Records Third Highest Monthly Influx into Equity Funds
Newsmen Business Desk -
Contributing to this influx, small- and mid-cap categories saw substantial contributions of about Rs 7,000 crore,
RBI Permits Non-Resident Indians (NRIs) to Invest in Sovereign Green Bonds
Newsmen Business Desk -
“It has now been decided to designate all Sovereign Green Bonds issued by the government in the fiscal year 2023-24 as ‘specified securities’ under the FAR (fully accessible route),” the RBI circular states.
ED Attaches Three Properties Belonging to Hero Motocorp CMD & Chairman Pawan Munjal
Newsmen Business Desk -
The ED announced on Friday that it has attached three immovable properties in Delhi, collectively valued at Rs 24.95 crore, belonging to Munjal. This action has been taken under the Prevention of Money Laundering Act, 2002.
Moody's Predicts Indian Economy to Steal the Spotlight in 2024-25 amid G20 slowdown
Newsmen Business Desk -
Emerging market countries showcase diverse economic strengths, with India, Brazil, Mexico, and Indonesia surpassing expectations. Conversely, the outlooks for Turkey and Argentina remain highly uncertain, according to the report.
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