Gaurav Bansal

[ad_1] Warren Buffett's remarkable investment achievements stand unmatched in financial history. Warren Buffett’s life is a masterclass in how to invest. There has been no other investor like him, and it is doubtful whether there will ever be any investor who can match up to the veteran’s track record. On Saturday, the Berkshire Hathaway CEO announced that he would retire by the end of 2025, handing over reins to Greg Abel. Buffett’s announcement took everyone by surprise.Buffett's remarkable investment achievements stand unmatched in financial history. His exceptional performance as an investor remains unparalleled, setting a benchmark that appears insurmountable for future generations.Whilst many discuss how life experiences influence investment decisions, Buffett has demonstrated a unique ability to integrate investment principles into everyday existence.Warren Buffett to Step Down as CEO of Berkshire Hathaway at Year-End | WSJ NewsBuffett, among the world’s […]

[ad_1] Markets regulator Sebi is actively working with the Ministry of Finance and other financial regulators to set up a centralised Know Your Customer (KYC) system, Sebi Chairman Tuhin Kanta Pandey has said. The central KYC is an online database designed to streamline compliance by maintaining KYC records of customers in one place for use across financial institutions.When asked about the progress of the common KYC system, Pandey told news agency PTI, "Yes, I think we will move forward on that also. We're really trying to have a system which will be very, very effective."He added that the finance secretary is chairing the committee driving this initiative and that efforts are being made to speed up the process. While he did not provide a specific timeline, Pandey expressed optimism, saying, "It should be done quite early."To highlight current efficiencies, he […]

[ad_1] Warren Buffett famous quotes: Berkshire Hathaway CEO, and the world’s 5th richest person, has announced his intention to retire by the end of 2025. Warren Buffett and his investment mantras are a timeless textbook for all types of investors - new or old, big or small. The 94-year old Buffett’s life and investments are a learning for all and as he looks to hand over the reins to Greg Abel, we know his quotes will continue to stand the test of time. Here’s a look at some handpicked top 10 quotes from Warren Buffett for every investor: [ad_2] Source link

[ad_1] Donald Trump and Jerome Powell US President Donald Trump is taking credit for any signs of economic strength in the US while blaming President Joe Biden for recent weaknesses, including the first-quarter contraction in GDP. In a wide-ranging interview on NBC News’ “Meet the Press,” Trump also lobbed fresh criticism at Federal Reserve Chair Jerome Powell, whom he described as “a total stiff,” even as he vowed not to remove him before his term ends in 2026.Trump reiterated his belief that his trade and economic strategies – including sweeping tariffs – are ultimately benefiting Americans, despite recent market volatility and growing concerns about inflation. “I think the good parts are the Trump economy and the bad parts are the Biden economy because he’s done a terrible job,” Trump said. He pointed to falling energy and gasoline prices and a […]

[ad_1] The conclusion of talks on the proposed free trade agreement (FTA) between India and the UK, along with two other pacts, may take more time as both sides continue to negotiate unresolved issues, sources familiar with the matter said.According to PTI, the three agreements currently under discussion are the FTA, a bilateral investment treaty (BIT), and a social security agreement officially referred to as the Double Contribution Convention Agreement."Certain critical issues are still there. Some more meetings would happen," one of the sources said, indicating that although substantial progress has been made, some sticking points remain.Among the unresolved matters are the inclusion of a sunset clause in the investment treaty, the UK's newly introduced carbon tax, and India's push for data localisation requirements.India and the UK were initially preparing to announce the closure of these negotiations during Commerce and […]

[ad_1] The State Bank of India (SBI) will maintain a return on assets (RoA) of over 1 per cent in FY26 despite expected margin pressure due to the softening interest rate cycle, Chairman C S Setty said on Saturday.RoA is a key profitability ratio that reflects how efficiently a company generates profit from its assets. Speaking to analysts after announcing the bank’s quarterly results, Setty noted, “We still will be able to maintain 1 per cent RoA guidance for the current financial year... our goal is to consistently achieve an RoE of over 15 per cent through the business cycles.”He added that the easing repo rate cycle could impact the net interest margin (NIM), but SBI plans to realign its deposit rates accordingly. “We will ensure that the readjustment of interest rates on the deposits are aligned broadly with repo […]

[ad_1] As Warren Buffett prepares to step down from the helm of Berkshire Hathaway by the end of this year, all eyes are on his chosen successor—Greg Abel. While Abel may not match Buffett’s legendary stature, analysts, board members, and executives across Berkshire’s sprawling empire believe he possesses the values and vision needed to preserve the company’s unique culture and long-term success.Abel, currently Vice Chairman of Berkshire Hathaway, will take over the $1.18 trillion conglomerate, a transition Buffett officially confirmed during the company’s annual shareholder meeting on May 3 in Omaha. Though Buffett, 94, has hinted at succession plans over the years, the formal announcement still came as a surprise to many."It's working way better with Greg Abel than with me, because I don't want to work as hard as he works," Buffett quipped, signalling his confidence in Abel’s commitment […]

[ad_1] In a major push to establish Andhra Pradesh as a global creative and digital hub, Chief Minister N Chandrababu Naidu on Sunday announced the signing of a Memorandum of Understanding (MoU) to set up Creator Land, India’s first transmedia entertainment city, in the state capital region.Unveiled at the ongoing WAVES Summit in Mumbai, the project is expected to generate up to 25,000 jobs and attract investments worth Rs 10,000 crore over the next six years, news agency PTI reported. The initiative marks a significant step in transforming the state’s economy through digital innovation and global partnerships."With an aim to create 25,000 jobs, the project is set to attract FDI, bring large-scale development, and empower local talent to Create in AP & Create for the World," Naidu said in a post on X, highlighting its employment potential and exportable creativity.Calling […]

[ad_1] Real estate major Macrotech Developers Ltd, known for its ‘Lodha’ brand, is set to launch residential projects worth Rs 19,000 crore during the current financial year across the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru, in a move to capitalise on the strong demand in the housing sector.In an interview with PTI, Macrotech Developers Executive Director – Finance, Sushil Kumar Modi, said the company remains optimistic about the Indian real estate sector and will continue to invest significantly to fuel its growth."In the last fiscal, we launched around 10 million square feet area with a Gross Development Value (GDV) of around Rs 14,000 crore spread across 24 projects," Modi stated.This fiscal, the company plans to launch 17 residential projects, covering 13 million square feet and with an estimated sales booking potential of Rs 19,000 crore. The upcoming launches will […]

[ad_1] State-run mining major NMDC has recorded a 15 per cent increase in iron ore production and a 3 per cent rise in sales for the month of April. In a statement issued on Sunday, the company said it produced 4 million tonnes (MnT) of iron ore during April, up from 3.48 MnT in the same month last year.Sales for April stood at 3.63 MnT, compared to 3.53 MnT in April 2024, reflecting a growth of 3 per cent.Commenting on the performance, NMDC Chairman and Managing Director Amitava Mukherjee said, “Our record-breaking April performance, coupled with best-ever despatch figures from our major iron ore mines — Kirandul, Bacheli, and Donimalai — with a growth of 12 per cent, 4 per cent and 88 per cent, respectively over CPLY solidifies our leadership position and sets a strong foundation for achieving our […]