Day: August 10, 2024

August 10, 2024 6:30am by Barry Ritholtz The weekend is here! Pour yourself a mug of  coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The End of Spam: Robocalls and texts… your days are numbered: The industry blasting your phone with spam calls and

This week, we speak with Meir Statman, the Glenn Klimek Professor of Finance at Santa Clara University. Named one of the 25 most influential people by Investment Advisor, his breakthrough book, “What Investors Really Want,” changed how we view investor motivations. Statman is a member of the advisory board of the

The Appointments Committee of the Union Cabinet on Saturday appointed 1987-batch IAS officer T V Somanathan as the Cabinet Secretary of India. He will remain in office for a tenure of two years, starting August 30.  Somanathan, who is presently serving as the Finance Secretary of India, will discharge the

NCLT okays insolvency proceedings against Coffee Day Enterprises, parent company of Cafe Coffee Day  The National Company Law Tribunal (NCLT) has ordered initiating insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Coffee Day Group, which operates Cafe Coffee Day chain of coffee houses.  The Bengaluru bench

Russia denies involvement in ‘public or obscure campaigns’ to recruit Indian citizens for military service The clarification was issued a day after External Affairs Minister S Jaishankar informed the Lok Sabha on August 9 that 69 Indians are still fighting alongside the Russian Army on its border with Ukraine. In

India and Maldives have signed an agreement to introduce the Unified Payments Interface (UPI) in the island nation, External Affairs Minister S Jaishankar said, adding that this will make it easier for tourists to pay for things, boosting travel to the islands and helping the local economy.  The Memorandum of

Bangladesh unrest: Union Finance Minister Nirmala Sitharaman on Saturday said the current unrest in the neighboring Bangladesh has affected the garments and knitted sector in India. It is to be noted that Bangladesh has seen intense and violent demonstrations against the Sheikh Hasina government in the last three weeks that

Union Finance Minister Nirmala Sitharaman urged banks to focus on ‘core banking’ during a meeting with members of the Reserve Bank of India’s Central Board of Directors on August 10.   “Both RBI and the government want banks to focus on core banking,” the Union finance minister said underscoring the need

Susan Wojcicki, a key figure in Google’s early history and the longtime CEO of YouTube, has died at the age of 56. Wojcicki, who was Google’s 16th employee, played a pivotal role in shaping the company from its inception. Her death was confirmed by her husband, Dennis Troper, and Google

National Pension System: This year in the Budget, Finance Minister Nirmala Sitharaman brought in many tax changes in the existing structure that would affect all taxpayers. She brought in major change to the Capital Gains Tax regime affecting all asset classes. On the other hand, the Budget proposed liberalised tax