Interviews Financial News

A recent survey conducted by Crystal Capital Partners, a wealth tech provider and alts platform, found that registered independent advisors are increasing their allocation to private credit funds.

Google says it will combine the software division responsible for Android mobile software and the Chrome browser with the hardware division known for Pixel smartphones and Fitbit wearables

The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho

Nirmala Sitharaman said challenges to the Indian economy may be mounting and the country will have to be ready to respond with the kind of agility that it did after the Covid-19 pandemic and soon after the Russia-Ukraine war started. The authorities are keeping a watch and the chief economic adviser is looking at various indications of what could be coming, she said in an interview. Tesla chief Elon Musk's impending visit to meet Prime Minister Narendra Modi is a recognition of the high-tech manufacturing ecosystem that's been established in India by top companies, she said. Sitharaman said everything in the BJP's manifesto is clearly worked out with a sense of responsibility that taxpayers' money should be used efficiently.

Tim Hortons is under fire again for mistakenly telling some customers they had won big in a contest – the second time in over a year that the coffee chain has made such an error.

ResiClub co-founder and editor-in-chief Lance Lambert discusses the U.S. housing affordability crisis on Making Money.

India is prepared to take adequate steps to mitigate any impact of the Iran-Israel conflict on its economy and will «remain alert», Finance Minister Nirmala Sitharaman said on Thursday. «Can't say that we are fully ready. As developments unfold, we are preparing to take adequate steps in India's interests,» Sitharaman told the CNBC Awaaz news channel in an interview. The conflict has not yet significantly impacted global oil prices. However, any escalation of tension in the oil-rich middle east could raise India's oil import bill. India is the world's third biggest oil importer, and ships in about 85% of its oil needs from overseas.

More than three years since his shock interview with The Telegraph to launch WCM Partners, a new business that quickly found itself under intense scrutiny, including from the Financial Conduct Authority, Woodford has launched an economic and investment blog – Woodford Views. Using the former Woodford Investment Management Twitter handle, the former manager posed a question: «What if everything you know about the economy was only part of the story?» Friday Briefing: Woodford is right – Link has a lot to answer for The blog aims to «challenge the consensus and discover the full cons...

A civilian contractor sent to work as an interrogator at Iraq’s infamous Abu Ghraib prison resigned within two weeks of his arrival and told his corporate bosses that mistreatment of detainees was likely to continue

Boeing whistleblower is urging the planemaker to ground all 787 Dreamliners currently in operation around the world, warning that the long-haul jets could “fall apart at the joints.”Sam Salehpour, a quality engineer at Boeing, went public with his concerns about the Boeing 787 and 777 jets last week. In an exclusive TV interview with NBC Nightly News, Salehpour doubled down on his allegations and called for all Dreamliners to be pulled from service and checked for small gaps in the fuselage.“It’s as serious as I have ever seen in my lifetime,” Salehpour told NBC’s Lester Holt, adding that he would not put his family on a 787 jet.“The entire fleet worldwide, as far as I’m concerned right now, needs attention.

Thermax is expecting big projects to be back in the steel, refining and petrochemicals and power sectors. Managing director and chief executive Ashish Bhandari told ET's Kalpana Pathak in an interview that he is optimistic about the power sector with the government talking about large power plants. Edited excerpts: What is Thermax's capex plan for this fiscal? How do you see the order book? We don't disclose capex numbers. Regarding the order book, I expect this year to be one of the most exciting. Energy transition, industrial growth across multiple sectors and urbanisation — all three of these levers are, in my view, tailwinds for business. All of last year, we didn't have any big project announcements, but as I look at this year, I expect big projects to be back in play, be it in steel, refining and petrochemicals, or power. I'm quite optimistic about power, with the government talking about large power plants again, and they are moving at a very fast pace. That is a portion of the market which I wasn't expecting to evolve, and certainly not at this pace… Also, in our standard products where we do a small range of boilers, steam equipment, water, clean air solutions, industrial cooling solutions, we continue to see good growth. We also expect exports to be better. Our exports haven't done well for a couple of years as our India business grew a lot faster than exports.

Digi Yatra Foundation on Wednesday said the Digi Yatra application has always been under its full control amid controversy with respect to a former vendor that had offered billing account and management services for the application. According to reports, there are concerns about data shared by passengers on Digi Yatra and that former vendor Dataevolve Solutions had come under investigation. When asked whether Dataevolve is still associated with Digi Yatra, the foundation replied in the negative. «There is no association of Digi Yatra with Dataevolve.»

Rahul Gandhi on Wednesday hit out at Prime Minister Narendra Modi, alleging that the PM’s hands shook while trying to explain the electoral bonds fiasco in a recent media interview. “The electoral bonds are the biggest scam the nation has ever seen…the BJP government used the bonds to extort money off businesses that suddenly found themselves the target of central agencies like the CBI, ED and Income Tax Department,” he said, speaking in a rally in Mandya nine days before the first phase of Lok Sabha polls in the state. Gandhi was on his first visit to the state after the poll schedule was announced a month ago. Praising the Congress regime in the state, he said the party had fulfilled all the guarantees it had promised before the assembly polls last year. If the Congress won in the Centre, it would also fulfill its national guarantees, he added.

FreightWaves founder and CEO Craig Fuller discusses whether the U.S. is facing a transportation crisis and addresses Boeing's problems on 'Making Money.'

ALSO READ: US stocks: Dow Jones, S&P 500, Nasdaq surge led by megacaps Its revenue rose nearly 10 per cent, to $12.54 billion, beating the Wall Street forecast of $12.45 billion. For the second quarter, the airline expects an adjusted profit of $3.75 to $4.25 per share. United also maintained its full year profit outlook of $9 to $11 a share.

Avinash Tiwari, known for his recent film 'Madgaon Express,' has been making headlines in the OTT world. Following the success of his latest release, Tiwari shared intriguing insights and spoke about 'Mirzapur 3' during an interview with BollywoodLife.

₹450 crore of debt financing from Edelweiss Alternative Asset Advisors Limited, the asset management arm of financial services firm Edelweiss Group, a top company executive said. The Bengaluru-based developer will use around 40% of the funds to buy a 72-acre land parcel for a plotted residential project near the international airport at Devanahalli in north Bengaluru. It will use the rest of the money to repay existing debt and as working capital for new and existing projects.

Union Public Service Commission (UPSC) announced the final results of the Civil Services Examination (CSE 2024) on April 16. While social media celebrated successful candidates, a tweet by Kunal R. Virulkar, who did not make the list, has captured hearts online. Virulkar shared his journey, revealing, «12 attempts. 7 mains. 5 interviews. NO SELECTION.» His post, reflecting on life's struggles, resonated with many, garnering over 2.2 million views and numerous supportive comments.

There is an increased need now to have leaders with know-how on tech and systems, says Pranshu Upadhyay, Regional Director, Head-India Technology Practice, Michael Page. Even board directors today need to have a grasp on the fundamentals of artificial intelligence (AI), big data and cybersecurity, says Somdutta Singh, Founder and CEO of Assiduus Global Inc.

Prime Minister Narendra Modi for diverting attention from the real issues in the run up to Lok Sabha Elections 2024, and said he will follow the Congress decision on whether he should contest in Amethi. Gandhi, who addressed a joint press conference with Samajwadi Party chief Akhilesh Yadav in Ghaziabad, termed the Prime Minister “champion of corruption." “The Prime Minister gave a scripted interview recently. He said Electoral Bonds were brought in to ensure transparency in poll funding.

Congress leader Rahul Gandhi in a joint press conference with INDIA bloc partner, Samajwadi Party, launched an attack on Prime Minister Narendra Modi by calling the BJP's leader's recent interview 'scripted and flop show.' «A few days ago, the Prime Minister gave a very long interview to ANI. It was scripted, but it was a flop show. The Prime Minister tried to explain electoral bonds in it. The Prime Minister says that the system of electoral bonds was brought for transparency, to clean politics,» said Rahul Gandhi. Continuing his comments on PM Modi, the Congress leader remaked that if this is true then why was that system cancelled by the Supreme Court. «And secondly, if you wanted to bring transparency then why did you hide the names of those who gave money to BJP. And why did you hide the dates on which they gave you the money?.. This is the biggest extortion scheme in the world. All the businessmen of India understand and know this and no matter how much clarification the Prime Minister wants to give, it will not make any difference. Because the entire country knows that the Prime Minister is the champion of corruption,» said Rahul Gandhi.