Jain Global's $750M Profit Shrinks to 3.7% for Investors
Bobby Jain's new hedge fund generated $750 million in trading profits last year, but investors saw only 3.7% net returns after covering the firm's massive startup expenses.
Category : Business
Five New Amrit Bharat Express Trains Launch from ECR
East Central Railway introduces five Amrit Bharat Express trains connecting key routes like Howrah-Anand Vihar and Sealdah-Banaras, enhancing travel options with detailed schedules and stoppages.
Mysuru Industrial Areas Struggle With Basic Infrastructure
Industrial areas in Mysuru, home to 27,600 small industries, face poor roads, inadequate drainage, and lack of streetlights. Industrialists self-fund improvements as authorities fail to act.
Patna Metro Underground Interchange Station Work Starts
Preliminary groundwork has commenced near Patna Junction for a crucial underground metro station that will connect north-south and east-west corridors, enhancing city connectivity.
Verizon Gives $20 Credit for Service Outage
Verizon issues $20 account credits to subscribers affected by January 14th nationwide outage. Thousands lost mobile connectivity for calls and transactions.
Patna's Mangal Talab Renovation 85% Complete
The centuries-old Mangal Talab in Patna Sahib is undergoing a Rs14 crore transformation into a major tourist hub with musical fountains, laser shows, and eco-park facilities.
Bhubaneswar Old Town Parking Crisis Hits Heritage Zone
Historic Ekamra Kshetra in Bhubaneswar struggles with severe parking issues, blocking emergency vehicles and frustrating tourists. BMC plans enforcement and new parking lots.
McKinsey Now Hiring Liberal Arts Graduates for AI Era
Global consulting giant McKinsey is changing its hiring approach, actively seeking liberal arts graduates to boost creativity as it integrates AI across operations. The firm now employs 20,000 AI agents alongside 40,000 human staff.
Israel Proposes Strong B2B-B2C Collaboration with Mangaluru
Israel has proposed establishing a strong foundation for B2B and B2C collaboration with Mangaluru, focusing on technology, agriculture, and innovation to boost economic ties.
Gold Hits Lifetime High in India at Rs 1,47,300
Gold prices surged to a new lifetime high in India on Thursday, reaching Rs 1,47,300 per 10 grams, driven by strong demand from jewellers and stockists.
Silver Prices Jump 7,135% in 40 Years, Delhi Rates Surge
Silver prices in Delhi have skyrocketed over 7,135% since 1985, with current rates at ₹286,180 per kg. Investors who bought silver decades ago are reaping huge returns as the precious metal hits record highs.
NMIA Crosses 1 Lakh Passengers in 19 Days
Navi Mumbai International Airport processes over 1 lakh passengers and 79,000 bags efficiently within 19 days of opening, showcasing robust operations.
India's Exports to Reach $850 Billion by 2025-26
Commerce Secretary Sunil Barthwal forecasts India's total exports will surge to $850 billion in 2025-26, driven by strong manufacturing and global demand.
Womaniya Initiative: 2 Lakh Women MSMEs Get Rs 80,000 Cr Orders
Over 2 lakh women-led micro, small, and medium enterprises have secured orders worth Rs 80,000 crore through the Womaniya initiative, marking seven years of success in boosting female entrepreneurship in India.
Tesla Moves FSD to Subscription-Only Model
Tesla eliminates one-time $8,000 FSD purchase, making it subscription-only at $99/month. The move aims to secure recurring revenue amid sales challenges.
Mangaluru Gets Rs 500 Cr Investment for Four Five-Star Hotels
Coastal Dakshina Kannada sees major hospitality expansion with four new five-star hotels planned. Investments aim to retain tourists who currently leave for Kerala or Kodagu due to luxury accommodation shortage.
Oracle's Nashville Hiring Push for Global HQ
Oracle aggressively recruits for its Nashville world headquarters, offering relocation incentives and building a massive riverfront campus to create a cloud and AI hub, though challenges remain in meeting hiring targets.
India's Exports to China Surge 67% in December
India's merchandise exports to China soared 67.35% year-on-year to $2.04 billion in December, driven by electronics, marine and agricultural products. The trade deficit with China widened to $81.71 billion in April-December.
Bengaluru Business Corridor Land Compensation Issues Amid Price Surge
The Bengaluru Business Corridor project encounters legal complications over land compensation, with a 2008-09 award conflicting with current high land values. BDA offers negotiated payouts up to Rs 16 crore per acre to resolve the impasse.
India's Power Sector: ₹40 Lakh Crore Investment Potential
Union Minister Manohar Lal Khattar reveals India's power sector holds over ₹40 lakh crore investment potential, with details on generation, transmission, and energy storage opportunities ahead of Bharat Electricity Summit 2026.
India's Exports to China Surge 67.35% in December
India's exports to China surged by 67.35% in December 2023, reaching $1.92 billion, driven by iron ore, cotton yarn, and chemicals, as per Commerce Ministry data.
IHCL Buys 51% Stake in Brij Hotels for ₹193 Crore
Tata's Indian Hotels Company acquires 51% stake in Brij Hospitality for ₹193 crore, expanding its boutique leisure portfolio to 610 hotels across India and beyond.
Moody's Upgrades Adani Group Ratings, Firm Cites Nation-Building
Moody's Investors Service has upgraded the ratings for several Adani Group entities. The conglomerate views this as a reflection of its ongoing dedication to nation-building efforts in India.
India's Smartphone Exports Jump 43.7% to $18.8 Billion
India's smartphone exports soared to $18.8 billion from April to November this fiscal year, a 43.7% increase. The US remains the top market, with new growth in Slovakia, Israel, and South Korea.
Direct Retail Share in NSE Cash Market Hits Decade Low
Direct retail participation in NSE's cash segment fell to 33.6% in 2025, the lowest in ten years, due to risk aversion, mutual fund shift, and IPO reallocation.
India's US Exports Fall in December 2025 Due to Tariffs
India's merchandise exports to the US declined by 1.83% year-on-year to $6.88 billion in December 2025, impacted by higher American tariffs. Imports from the US rose 7.57% to $4.03 billion.
India's US Exports Fall 1.83% to Rs 62 Crore in December
India's exports to the United States declined by 1.83% to Rs 62 crore in December 2025. This drop comes as the US imposed a 50% tariff on Indian goods starting August 27, 2025. Both nations are currently negotiating a bilateral trade agreement to enhance
Ritesh Agarwal Shares Shark Tank India Insights & Advice for Young Founders
OYO founder Ritesh Agarwal discusses Shark Tank India's evolution, teen entrepreneurs, and the most searched AI question about the show in an exclusive interview.
Punjab Cuts Stamp Duty to 1% for Buyers Till Jan 31
Mohali MLA Kulwant Singh praises Punjab government's decision to reduce stamp duty from 8% to 1% for property buyers until January 31, with a phased increase planned through 2026.
SEBI Approves NSE Settlement in Co-Location, Dark Fibre Cases
SEBI has given in-principle approval to NSE's settlement applications in co-location and dark fibre matters, potentially speeding up the exchange's long-awaited IPO process.
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