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Latest news and updates about Business.

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Do welfare schemes make the poor lazy? Economist Abhijit Banerjee shares historical data to debunk popular ‘stories’ | Today NewsMichael Burry says he's tempted to bet against SpaceX, but passes on expensive optionsRIL shares jump 6% in 3 days, market cap soars by Rs 1 lakh cr ahead of AGM. Why Morgan Stanley still sees 38% upside

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Do welfare schemes make the poor lazy? Economist Abhijit Banerjee shares historical data to debunk popular ‘stories’ | Today News
Business
mint - newsJun 17

Do welfare schemes make the poor lazy? Economist Abhijit Banerjee shares historical data to debunk popular ‘stories’ | Today News

Nobel laureate and economist Abhijit Banerjee has a clear message. Giving ‘free’ money to the poor works.

Read
Michael Burry says he's tempted to bet against SpaceX, but passes on expensive options
Business
FinanceJun 16

Michael Burry says he's tempted to bet against SpaceX, but passes on expensive options

Michael Burry of "The Big Short" fame said Tuesday he has no position in SpaceX , arguing that options used to wager against the stock remain too expensive even as...

Read
RIL shares jump 6% in 3 days, market cap soars by Rs 1 lakh cr ahead of AGM. Why Morgan Stanley still sees 38% upside
Business|Economic Times|Jun 16

RIL shares jump 6% in 3 days, market cap soars by Rs 1 lakh cr ahead of AGM. Why Morgan Stanley still sees 38% upside

Agencies Shares of Reliance Industries (RIL) jumped another 2% on Tuesday, extending a 6% surge from last week's record low level, as investors await the company's Annual General Meeting (AGM) scheduled on Friday. The international brokerage in its note released on Monday said that energy security policies and tighter refining markets should keep product spreads structurally stronger for longer, supporting Oil to Chemicals' (O2C) earnings despite higher logistics costs. The company currently has a market cap of more than Rs 18 lakh crore.

3 min
US-Iran peace deal: Here is what Prime Minister Netanyahu, other Israeli leaders said | Today News
Business|mint - news|Jun 16

US-Iran peace deal: Here is what Prime Minister Netanyahu, other Israeli leaders said | Today News

US-Iran deal: Israeli Prime Minister Benjamin Netanyahu vowed that Tehran would be prevented from obtaining nuclear weapons under any circumstances, irrespective of the outcome or provisions of any future agreement.

5 min
SpaceX becomes world's 7th most valuable company after blockbuster market debut
Business|Economic Times|Jun 13

SpaceX becomes world's 7th most valuable company after blockbuster market debut

SpaceX's long-awaited stock market debut on Friday delivered more than just a strong performance from a big name getting listed in recent memory, it instantly propelled Elon Musk's rocket and satellite company into the ranks of the world's most valuable companies. More than 500 million shares changed hands on debut, a figure that approached Facebook's first-day trading volume of about 580 million shares in 2012. Roughly 16 million shares changed hands in post-market activity, adding to the more than 500 million traded during regular hours.

3 min
Kennedy Center removes Trump's name from the building
Business|NPR Topics: Business|Jun 13

Kennedy Center removes Trump's name from the building

WASHINGTON - Workers have taken down President Donald Trump's name from the Kennedy Center, hours after a court-ordered Friday deadline to remove it from the building, and less than six months after it was first affixed to the iconic performing arts venue. In a court filing, Kennedy Center Executive Director and Chief Operating Officer Charles Matthew Floca confirmed that President Trump's name has been removed from the building façade, despite what Floca said were weather-related delays. Joyce Beatty of Ohio, who initiated the lawsuit to remove Trump's name from the building.

4 min
The S&P 500 already made a big call on SpaceX stock and index fund investors need to know it
Business|Finance|Jun 12

The S&P 500 already made a big call on SpaceX stock and index fund investors need to know it

Americans have more money invested for retirement in passive S&P 500 Index funds than any other investment. The Vanguard and BlackRock S&P 500 ETFs alone manage nearly $2 trillion in assets, with the.

5 min
Motilal Oswal shares jump 5% after UBS initiates coverage with 'Buy', sets Rs 1,150 target
Business|Economic Times|Jun 12

Motilal Oswal shares jump 5% after UBS initiates coverage with 'Buy', sets Rs 1,150 target

Shares of Motilal Oswal Financial Services surged over 5% in Friday's trade, rising to Rs 873 on the NSE after global brokerage UBS initiated coverage on the stock with a 'Buy' rating. The brokerage assigned a sum-of-the-parts (SOTP)-based target price of Rs 1,150, implying an upside potential of nearly 32% from the current market price.

3 min

More Stories

Zee Entertainment shares rise over 3% ahead of FIFA World Cup, Rs 2,300-crore fundraising plans
Business

Zee Entertainment shares rise over 3% ahead of FIFA World Cup, Rs 2,300-crore fundraising plans

Economic TimesJun 11
FBI seizing evidence at California plant where chemical tank overheated
Business

FBI seizing evidence at California plant where chemical tank overheated

NPR Topics: BusinessJun 10
Quote of the day by Theodore Roosevelt: ‘Do what you can, with what you have, where you are’ | Today News
Business

Quote of the day by Theodore Roosevelt: ‘Do what you can, with what you have, where you are’ | Today News

mint - newsJun 9
Electric vehicle giant BYD predicts 80% of China car sales will soon be electric
Business

Electric vehicle giant BYD predicts 80% of China car sales will soon be electric

FinanceJun 9
LPG prices today, 9 June: How much does domestic and commercial cylinder cost in Delhi, Mumbai, Kolkata | Today News
Business

LPG prices today, 9 June: How much does domestic and commercial cylinder cost in Delhi, Mumbai, Kolkata | Today News

mint - newsJun 9
15 killed in 7.8-magnitude Philippines earthquake, tsunami warnings issued from Indonesia to Japan | Today News
Business

15 killed in 7.8-magnitude Philippines earthquake, tsunami warnings issued from Indonesia to Japan | Today News

mint - newsJun 8
No cars in BKC every Friday starting June 12: What it means for Mumbai's 2 lakh+ corporate employees | Today News
Business

No cars in BKC every Friday starting June 12: What it means for Mumbai's 2 lakh+ corporate employees | Today News

mint - newsJun 8
Sensex down over 10K points from Dec peak. Should MF investors buy the dip, hold positions, or wait on sidelines?
Business

Sensex down over 10K points from Dec peak. Should MF investors buy the dip, hold positions, or wait on sidelines?

Economic TimesJun 8
These 8 flexicap funds have low consistency scores. Do you own any? - Low consistency in 5 years
Business

These 8 flexicap funds have low consistency scores. Do you own any? - Low consistency in 5 years

Economic TimesJun 7
Bitcoin is cratering, but a new Wall Street crypto hype is on the rise
Business

Bitcoin is cratering, but a new Wall Street crypto hype is on the rise

FinanceJun 6
In the wake of layoffs, some tech workers are exploring new careers
Business

In the wake of layoffs, some tech workers are exploring new careers

NPR Topics: BusinessJun 5
US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fears
Business

US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fears

Economic TimesJun 5
How cellphone carriers prepare for hurricane season with AI, drones and 'cows'
Business

How cellphone carriers prepare for hurricane season with AI, drones and 'cows'

NPR Topics: BusinessJun 4
Jefferies initiates coverage on Poonawalla Fincorp with Buy rating. Why are analysts bullish?
Business

Jefferies initiates coverage on Poonawalla Fincorp with Buy rating. Why are analysts bullish?

Economic TimesJun 4
Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?
Business

Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?

Economic TimesJun 1
Oil prices tumble 11% for biggest weekly drop in 7 weeks. Where is liquid gold headed from here?
Business

Oil prices tumble 11% for biggest weekly drop in 7 weeks. Where is liquid gold headed from here?

Economic TimesMay 30