Gap Financial News

Goldman Sachs is launching a new initiative with a dual mandate to address both gender and racial bias against Black women.

While women have made inroads in the financial services industry, there's still a gap-especially for women of color. For International Women’s Day, Investopedia asked female financial advisors what representation means to them and how the industry can improve. 

Millennials are buying homes at a lower rate than generations before, and an increasingly difficult housing market could exacerbate a problem that has far-reaching impacts on the entire economy. 

Several months after Adidas ended its partnership with rapper Kanye West, the company is releasing some of its Yeezy sneakers in an effort to sell off remaining inventory from its now-defunct partnership with West.

TOKYO (Reuters) -Japan's government raked in record tax income last fiscal year, the finance ministry said on Monday, which could help Prime Minister Fumio Kishida's ruling party forego the politically unpopular tax hikes needed to boost defence spending.

Adani Power Ltd. fell 0.16 per cent to Rs 249.55 in Monday's session as of 12:04PM (IST) even as the equity benchmark Sensex traded 390.18 points higher at 65108.74. Earlier in the day, the stock witnessed a gap up start to the session.

Au Small Finance Bank Ltd. rose 0.85 per cent to Rs 760.5 at 10:41AM hours (IST) on Monday. Earlier in the day, the stock saw a gap up start to the session.

(Reuters) -Tesla Inc on Sunday said it delivered a record number of vehicles in the second quarter, topping market estimates as price cuts and U.S. federal credits helped make its electric vehicles more affordable.

Publicis Groupe is open to acquisitions in India in areas like tech, data and commerce, a top executive told ET. The advertising behemoth has identified the digital technology business as the next growth area even though media and creative services still account for the majority of its revenue. The company's digital technology business includes marketing agency Digitas India, digital transformation agency Indigo Consulting, and ecommerce division Publicis Commerce.

Hetmyer's Rs 8.50 crore annual IPL fees earned from Rajasthan Royals or Andre Russell's Rs 16 crore retention fee from Kolkata Knight Riders is an indication how cricket's financial landscape has changed and playing for the West Indies isn't a motivation anymore. It is the money that matters and has created the biggest hindrance for Cricket West Indies (CWI) from at least keeping the top players interested throughout the year.

Here's how analysts read the market pulse:“The market's upward momentum was further supported by strong inflows from FIIs, the merger update of HDFC, and a narrowing current account deficit. Globally, investor confidence was uplifted by favourable revisions in US Q1 GDP, a decline in jobless claims, and positive outcomes from the US bank stress test conducted by the Fed,” Vinod Nair, Head of Research at Geojit Financial Services, said.

housing loans in total advances has increased over the last eleven years to 14.2 per cent in March 2023 from 8.6 per cent in March 2012, as per the Reserve Bank's latest Financial Stability Report (FSR). It also said the housing sector is witnessing a healthy growth with sales growing by 21.6 per cent in the fourth quarter (January-March) of 2022-23. In addition to rising sales, new launches also maintained healthy growth, reflecting strength in demand by end-users.

Europe comes from Saxony. The state has pulled in billions in investment, and fabrication plants, or “fabs,” for companies such as Infineon, Bosch and Globalfoundries are all based in Saxony, which is rumored to be the site of a future TSMC plant. Yet a skilled labor shortage is weighing on the sector. Over 76,000 people in Saxony are employed in the local chip industry, thanks in part to nearby clusters of research institutes, semiconductor-related companies and technical universities. By 2030, lobbyists project, this number will grow to 100,000. That, however, isn’t enough – not for Germany, nor for Europe as a whole. By that year, the European Union wants to manufacture 20% of the world’s semiconductors, up from 10%. Dresden’s efforts to train talent and attract skilled workers may offer clues as to how that could happen.

Mumbai: Sport utility vehicles (SUVs) and minivans, the two segments with significant sales traction, see a spike in incentives. The minivan segment saw average incentives jump from Rs 33,720 in May this year to Rs 43,727 in June 2023. The SUV segment, too, saw similar incentive increases from Rs 32,296 to Rs 42,215 for the same period.

After a six months gap, the actress is now active again on Instagram. She made her first post since her much-publicised trial against ex-husband Johnny Depp, who sued her after she accused him of domestic violence in a 2018 op-ed published in The Washington Post. On June 30, the ‘Aquaman’ actress shared a picture of her smiling and wrote, “Thank you for such an incredibly warm reception at the Taormina Film Festival for my latest movie In the Fire.

HDFC Bank's managing director and chief executive Sashidhar Jagdishan on Saturday said the country's largest lender aims to double every four years. In a letter to the over 4,000 employees from HDFC who joined the bank's rolls on Saturday, Jagdishan said the future is bright, and the work on realising the potential of the merger starts now. «The runway for financial services and mortgage, which are so underserved and under penetrated, is going to be very large.

Bhavik Rathod, SVP and head at Scaler School of Technology shares his views on opportunities  and challenges of the education system in India with FE Education Online.

Hollywood actors may be days from joining screenwriters in what would be the first two-union strike in the industry in more than six decades, with huge consequences for film and television production. Here is a look at how it could play out, and why it's happening.

Dhananjaya Y. Chandrachud on Friday said that the greater challenge for the Indian judiciary is that the constitution and rights become accessible to common people.

Pakistan on policies to be supported by a Stand-By Arrangement (SBA) in providing USD 3 billion, the last minute rescue package for Islamabad’s acute balance of payment crisis. According to major global credit rating agencies Islamabad would be compelled to default on external borrowings without the IMF assistance. Surprisingly, Pak forex reserves are now below USD 3.5 billion, hardly sufficient for less than a month’s requirement for even essential imports.

Gupshup, a messaging software-as-a-firm, by 37.4%, according to a regulatory disclosure as of May 31 2023. In June 2021, the fund had acquired 709,497 preference shares of the company for $16.2 million. The updated share value suggests a $876.4 million valuation for Gupshup.