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In his 59th letter to shareholders, Buffett said Berkshire has the largest GAAP net worth — the sum of the total shareholders' equity in such person — to date in the US at $561trn. The GAAP net worth for the other 499 S&P companies was $8.9trn in 2022. Berkshire Hathaway adds to Occidental Petroleum stake with further $589m investment «By this measure, Berkshire now occupies nearly 6% of the universe in which it operates,» he said. «Doubling our huge base is simply not possible within, say, a five-year period, particularly because we are highly averse to issuing shares (an act t...

Also Read-Stock market today: Vodafone Idea shares dip ahead of board meeting to discuss fundraising. Buy or sell? Analysts at Motilal Oswal Financial Services said that aggregate net profit for pharma companies under their coverage universe were up 15.5% YoY in 3QFY24. Aggregate growth for domestic formulation was 12% y-o-y for companies under BNP Paribas coverage, which is highest in the last seven quarters.

Avenue Supermarts and Hindalco in the model portfolio. Meanwhile, it increased the weights on RIL, Bharti Airtel, SBI, and M&M in the model portfolio.

In his 59th letter to shareholders, Buffet said Berkshire has the largest GAAP net worth — the sum of the total shareholders' equity in such person — to date in the US at $561trn. The GAAP net worth for the other 499 S&P companies was $8.9trn in 2022. Berkshire Hathaway adds to Occidental Petroleum stake with further $589m investment «By this measure, Berkshire now occupies nearly 6% of the universe in which it operates,» he said. «Doubling our huge base is simply not possible within, say, a five-year period, particularly because we are highly averse to issuing shares (an act th...

This year looks to be a much better one for the U.S. economy than business economists were forecasting just a few months ago

The South Korean government is giving young doctors on strike four days to return to work

Question: I am an individual taxpayer and intending to avail an education loan on behalf of my daughter who would be pursuing a course in an International Educational Institute abroad. Kindly guide on whether the interest paid on such educational loan taken for the purpose of daughter’s education can be claimed as tax deduction in my tax return. Further, whether such tax deduction would be restricted to education loan availed for Indian courses or extended to foreign courses as well?

CUET UG 2024 is set to commence shortly, with the exam scheduled to take place between May 15 and May 31, 2024, according to the NTA. Meanwhile, candidates can apply online via the official website cuet.samarth.ac.in. The CUET (UG) - 2024 serves as the entrance examination for admission to undergraduate programs across all Central Universities for the academic year 2024-25.

PTI, the Texas Academy of Medicine, Engineering, Science and Technology (TAMEST), which bestows this award to promising researchers in the state, recognized Veeraraghavan, who serves as a professor of electrical and computer engineering at Rice University's George R. Brown School of Engineering.

Priyanka Gandhi Vadra and other Congress leaders, was in Rajasthan's Dholpur on Sunday, a day before pausing the yatra for the five-day break. “Last year, we took out the Bharat Jodo Yatra to unite the country, and this year, from east to west, this Bharat Jodo Nyay Yatra is being taken out to fight against the injustice happening to the people of this country," Rahul, said in his brief address at Dholpur.

Goldman strikes $1 billion private credit deal with Mubadala The growth investment firm drew commitments from the likes of private and public pension funds, university endowments and insurance companies for the Edda III fund, according to a statement. “We only invest in companies that pass our 2040 test," Bjarne Kveim Lie, Verdane’s co-founder and managing partner, said in an interview.

Realistic AI-generated images and voice recordings may be the latest threat to democracy, but they’re part of a long-standing family of deceptions. The way to fight so-called deepfakes isn’t to develop some rumour-busting form of AI or train the public to spot fake images. A better tactic would be to encourage a few well-known critical thinking methods—refocusing our attention, reconsidering our sources and questioning ourselves.

finance companies scouting for foreign equity, startups hurt by funding winter, and private equity and venture capital funds wooing overseas investors would enjoy the spinoffs from the United Arab Emirates (UAE) shedding the stigma of being in the ‘grey list’ of the global anti-money laundering watchdog. Last Friday, the Financial Action Task Force (FATF), the inter-government body which leads the action to combat illegal and suspicious fund flows, removed UAE from the category of “jurisdictions under increased monitoring” — better known as the grey list. The country was put on the grey list in March 2022. The development would make it easier for UAE investors and lenders to bet on businesses in India as the regulatory dos and don’ts attached to inflows from FATF grey list countries would no longer be applicable. Besides, money flowing in from such destinations are subject to closer scrutiny by banks handling remittance and fund custodians.

extreme temperatures driven by climate change will increase risk of preterm birth by 60 per cent, causing several lifelong complications for millions of children around the world, a new research has found. Analysing results from 163 health studies globally, researchers said they have determined that climate change will be directly responsible for multiple detrimental health impacts in children, including higher occurrences of respiratory illnesses and more hospitalisations. The researchers, led by those at The University of Western Australia, warned that lack of global action on climate change will likely devastate children's health for generations. They said their study, published in the journal Science of the Total Environment, was the first to collect all the available scientific evidence for the effects of climate change on children's health.

Peter Thiel is trying harder than ever to get young people to skip college. Since 2010, Thiel, an early Facebook investor and a founder of PayPal Holdings, has offered to pay students $100,000 to drop out of school to start companies or nonprofits. Early on, he met intense criticism.

By Diego Oré

University of Delaware (UD). The council is hoping the move helps to alleviate the city's projected $8 million revenue gap in 2025. According to a reports, UD President Dennis Assanis has attributed the university's financial challenges to inflated employee health-care costs, leading to a hiring freeze and the contemplation of additional budgetary measures. However, local officials argue that the university, being exempt from property taxes, should contribute to the city's rising operational costs. Opposition to the proposed tax have come from students and administrators who argue that the university already significantly contributes to Newark's economy. They contend that an additional tax would impose a burden on students.

When it comes to the idea of becoming a parent, more men want children than women, according to a new U.S. study.

propaganda is almost as effective and persuasive as real propaganda, a team of researchers have found after a study involving more than 8,000 US adults. They also warned that propagandists could use artificial intelligence (AI) to expose citizens to many articles, thereby increasing the volume of propaganda and making them harder to detect. For the study, researchers at the Stanford University and the Georgetown University in the US identified six English language articles, which, according to investigative journalists and the research community, likely originated from Iranian or Russian state-aligned covert propaganda campaigns.

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the Cabinet had last increased the DA for government employees and Dearness Relief (DR) for pensioners by four per cent. With that four per cent hike, the DA was increased from 42 per cent to 46 per cent. The decision benefitted 48.67 lakh central government employees and 67.95 lakh pensioners.