Shares of online clothing reseller Poshmark popped more than 130% in the company's market debut Thursday.The stock began trading at $ 97.50 per share. On Wednesday, Poshmark priced its IPO at $ 42 a share,…
Are index funds, ETFs really better than active…
Over the past few years, globally and in India, there has been a significant shift from actively managed funds to passive funds i.e. Index funds or ETFs. The rationale for the shift is that the…
ICICI Bank ties up with Niyo to issue…
MUMBAI: ICICI Bank and fintech company Niyo on Thursday announced a tie-up to issue prepaid cards to workers of Micro, Small & Medium Enterprises (MSMEs). MSMEs will now be able to get ‘ICICI Bank Niyo…
Bengaluru world’s fastest growing tech hub, London second:…
Bengaluru has emerged as the world's fastest-growing mature tech ecosystem in the world since 2016, followed by the European cities of London, Munich, Berlin and Paris, with India's financial centre of Mumbai in sixth place,…
As indices scale new highs, SIP investments are…
The assets under management (AUM) linked to the systematic investment plan (SIP) rose to a record high of Rs 4 lakh crore in December due to capital appreciation and a sharp bounce back in SIP…
Investors are looking for some clarity from the…
People pass a sign for JPMorgan Chase at it's headquarters in Manhattan, New York City.Spencer Platt | Getty ImagesEarnings season is upon us, but traders will be far less interested in fourth-quarter results than in…
Stocks in focus: Infosys, Wipro, SAIL and more
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Trump becomes first president to be impeached twice,…
President Donald Trump, a man hyperaware of his achievements and place in history, added a first to his record on Wednesday.A week before he will leave office, Trump became the first American president impeached by…