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Michael Burry closes Scion hedge fund in 2025

Legendary 'Big Short' investor Michael Burry terminates Scion Asset Management registration. Discover his latest AI bubble warnings and investment moves that shaped markets.

SBI Funds Plans $1.2 Billion IPO in 2026

SBI Funds Management, India's top asset manager, is considering a $1.2 billion IPO in Mumbai by 2026. The firm could be valued at $12 billion. Read more on India's booming IPO market.

Dynamic Asset Allocation Funds: Complete Guide

Discover how dynamic asset allocation funds with ₹3.18 lakh crore AUM delivered 12.59% returns. Learn about their flexibility, benefits for high-risk investors, and October inflows.

Karnataka Ministers Declare Assets to Lokayukta

In a major transparency move, Karnataka ministers and the Chief Minister's financial advisor have submitted detailed asset declarations to the Lokayukta, revealing extensive property holdings, investments, and wealth details.

ED attaches ₹11.14cr assets of Raina, Dhawan in probe

In a major financial crackdown, India's Enforcement Directorate has attached assets worth ₹11.14 crore belonging to cricket icons Suresh Raina and Shikhar Dhawan as part of an ongoing money laundering investigation linked to illegal betting operations.

SBI Board Approves SBI Funds Management IPO

State Bank of India's board approves IPO plans for SBI Funds Management, marking a significant move in India's mutual fund industry. The lender will divest 6.3% stake in its asset management subsidiary.

Tech Sector Reset: Nvidia Earnings Critical for Recovery

As global tech stocks face a major correction, all eyes turn to Nvidia's upcoming earnings report. Discover how the AI chip giant's performance could determine the sector's future trajectory amid rising Treasury yields and valuation concerns.

US sanctions North Korean money laundering network

The United States imposes sweeping sanctions targeting North Korea's illicit financial operations. Discover the individuals and entities involved in money laundering schemes supporting Pyongyang's prohibited programs.

RBI rejects Maharashtra's asset reconstruction company licence

In a major setback for the Maharashtra government, the Reserve Bank of India has rejected the licence application for the state's proposed asset reconstruction company, dealing a blow to efforts aimed at tackling the massive ₹1 lakh crore stressed loans.

UK Economy Faces Tougher Challenges, Says Reeves

British Finance Minister Rachel Reeves reveals the UK economy is in worse condition than anticipated during last year's budget, citing depleted finances and urgent need for growth measures.

ED attaches ₹7,500 crore assets in Anil Ambani case

In a major financial crackdown, the Enforcement Directorate has attached assets valued at more than ₹7,500 crore belonging to industrialist Anil Ambani in connection with a high-stakes money laundering investigation, marking one of the largest such action

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