According to a report by the British NGO Oxfam, the world’s top 1% population has accumulated wealth of $42 trillion over the past decade. It suggested that a wealth tax of at least 8% on the super-rich is one of the key solutions to fight wealth inequality.

SEBI's study, on intraday trading in equity cash segment, found that married traders tend to outperform their single counterparts in several key areas.

In May, GST revenue rose by 10% to ₹1.73 lakh crore compared to the same month of last year. The revenue in June rose by 8% to ₹1.74 lakh crore against ₹1.61 lakh crore in June 2023.

Following the Budget announcement by Finance Minister Nirmala Sitharaman that the government has slashed basic customs duties on gold and silver from 15% to 6%, gold prices crashed by ₹3,350 to ₹72,300 per 10 grams in the national capital on Tuesday.

The Reserve Bank of India (RBI) has revised its October 2011 framework related to 'Domestic Money Transfer'. The new norms will come into effect from November 1, 2024.

CIE Automotive's profit after tax slipped 28% to ₹216 crore for the April-June quarter of FY25. CIE Automotive shares fall up to 6% after the Q1 results announcement. The company also reported a marginal fall in consolidated revenue.

Shashi Kataria, an industry veteran, has taken over as the chief financial officer of Quant MF with effect from July 10. His predecessor Harshal Patel had left the organisation on May 19.

Sunteck Realty pre-sales grew nearly 30% YoY to ₹502 crore from ₹387 crore in the June quarter. Sunteck Realty’s collections surged more than 15% in Q1FY25 to ₹342 crore compared to ₹296 crore in Q1FY24. Sequentially, the company’s collections increased nearly 19% from ₹288 crore in Q4FY24.

Hyundai Motor India, established in 1996, plays a crucial role with its advanced manufacturing facility and a diverse product portfolio, reinforcing Hyundai’s commitment to quality and customer satisfaction. The article provides an outline of Hyundai Motor Company, setting the context for the anticipated IPO of Hyundai Motor India.

Global crude benchmark Brent slid 19 cents or 0.22%, with its futures for August delivery trading at $84.28 per barrel at 0445 hours GMT. The U.S. West Texas Intermediate (WTI) crude was down 21 cents or 0.26%, trading at $80.69 per barrel.

The Bajaj Group has contributed to over ₹10.90 lakh crore to market capitalisation with 10 listed companies. The giants of the group like Bajaj Finance and Finserv have been muted for the last few periods. However the group has still given whopping returns to investors, generating many-fold returns. Let's have a look towards individual stocks performance of the group, including their YoY profit growth and change in promoter holding.

The Insurance Regulatory and Development Authority of India (IRDAI) has mandated insurers to clear cashless claims within three hours, with any delay costs borne by the insurer's shareholder fund. In emergencies, claims must be processed within one hour. These new regulations aim to address delays in health insurance claims, ensuring prompt service at hospitals, particularly during patient discharge.