Equality Financial News

Klarna has agreed a major new distribution partnership with fellow fintech unicorn Stripe, in a bid to expand reach and add more merchants in the lead-up to its upcoming listing in the U.S.

Subscribe to enjoy similar stories. That successful online aggregators would loom ever larger over the small suppliers enrolled on their platforms was obvious all along. Equally foreseeable was how this would tilt power equations in favour of any big consumer interface, whose potential role as a market gateway was a big draw for its investors in the first place.

Subscribe to enjoy similar stories. ‘It’s a riddle, wrapped in a mystery, inside an enigma.’ That may have been Sir Winston Churchill's oblique description of Stalin's Russia, but he may well have been referring to modern India. Closer home, Nobel Laureate Amartya Sen's view is equally relevant: ‘Whatever you can say about India, the opposite is also true.’ The fact is, India has never been easy to read.

Shashi Tharoor on Saturday condemned Maharashtra minister Nitesh Rane's remark on EVMs, describing it as «shocking» and contrary to the inclusive values upheld during India's freedom struggle. Stating that targeting any particular community is wrong, Tharoor asserted that everyone is an equal citizen of the country and that's the only way for the country to progress. Speaking to ANI, Tharoor said, «This kind of thing is quite shocking. In our country, we really have to understand the basic lesson of the freedom struggle, which is that when one set of people said that religion is the basis of their nationhood. They went away and created Pakistan. Mahatma Gandhi onwards, our leader said we have fought for the freedom of everybody. We will create a country for everybody, we will write a constitution for everybody, and everybody will live here with equal rights.»

Subscribe to enjoy similar stories. Remember when OpenAI’s nonprofit board unceremoniously fired Sam Altman? It was a four-day spell in the wilderness for its CEO, sparked by the claim he hadn’t been “consistently candid" with the directors. A year later, Altman isn’t being very consistent about the future of artificial intelligence (AI).

Subscribe to enjoy similar stories. It may be unlucky for some, and there’s even a term to describe the fear of anything numbered or labelled 13—triskaidekaphobia. Not so for OnePlus, which has fortunately stayed the course the company set with the OnePlus 12, one of not having to add a “for the price" caveat after telling you how good the phone is.

Axis Securities has an equal weight call on Cholamandalam Investment & Finance Company with a target price of Rs 1,675. The current market price of Cholamandalam Investment & Finance is Rs 1,271.25. Finance, incorporated in 1978, is a Large Cap company with a market cap of Rs 106977.60 crore, operating in the NBFC sector.

Sophrosyne, a Greek term embodying moderation, self-control and balance, resonates deeply with the tale of Daedalus' tragic awakening, where his greatest triumph turned into a heartbreaking loss. Exiled from Athens to Crete, Daedalus and his son Icarus ingeniously crafted wings from wax and feathers to escape their imprisonment. As they soared towards freedom, Icarus, overwhelmed by excitement of their impossible achievement, ignored his father's cautions about flying too close to the sun or the sea.

Subscribe to enjoy similar stories. As 2024 came to an end, a number of alarming articles have been published in various global and national media on 2024 being the hottest year on record, the disastrous impact of extreme events due to climate change, the need to enhance climate action in the face of contentious climate negotiations in Azerbaijan and an American election that does not bode well for the climate agenda, among others.

Apparel exporters body AEPC on Saturday urged the government to announce tax incentives, including removal of a provision requiring payments to MSMEs within 45 days to claim deductions and customs duty exemption on garment machinery imports. The Apparel Export Promotion Council (AEPC) has also requested that an interest equalization rate of 5 per cent be announced in the Budget, scheduled to be unveiled on February 1 by Finance Minister Nirmala Sitharaman.

Braham has been awarded a knighthood for his services to corporate law and to business while Pantheon's Steers received her MBE for services to gender equality in business.  According to M&G, since Braham joined the firm in 2022, he has overseen «a transformation and growth programme to give everyone real confidence to put their money to work».  The Big Interview with Pantheon's Steers: 'One bad apple' shouldn't ruin PE's reputation Prior to joining, Braham was a senior partner at the ‘magic circle' law firm Freshfields Bruckhaus Deringer, a tenure which saw him lead the firm's exp...

Subscribe to enjoy similar stories. What impact will the next US administration have on economic growth and inflation? The answer isn’t clear, because while some of President-elect Donald Trump’s proposed policies would boost growth and reduce inflation over time, while others will have the opposite effect. On the positive side of the ledger, Trump will be pro-business overall, and this fact alone could stimulate economic activity by unleashing the ‘animal spirits’ that drive business investment, innovation and growth.

Subscribe to enjoy similar stories. The year has started and you have all the Nifty (or Nasdaq/S&P 500) forecasts for end 2025 from every stock-market expert, securities house and talking head on television. Keep them safe to check in December 2025.

General Waker-Uz-Zaman, emphasised the importance of maintaining balanced and equitable relations with India, calling it an «important neighbour» in an interview with Bangladesh's highest circulated daily Prothom Alo.

Subscribe to enjoy similar stories. India’s latest survey of household consumption expenditure, carried out from August 2023 to July 2024, found a decline in the “Gini coefficient" of consumption inequality since the same period of 2022-23.

Top-ranked chess player Magnus Carlsen has left the World Rapid and Blitz Chess Championships after refusing to change out of the jeans he wore to the competition, the International Chess Federation said.

Subscribe to enjoy similar stories. New Delhi: In the fascinating book, The Soul of an Octopus, naturalist Sy Montgomery writes about her encounters with the eight-armed mollusks. Turns out, they have a mind of their own.

Subscribe to enjoy similar stories. The promise of big returns from thematic and sectoral funds comes with equally high risks. With nearly half of the 147 thematic and sectoral mutual funds trading below their issue price as of December, it is important to assess whether thematic funds belong in your portfolio or if they are better avoided.