Every bank needs to maintain a balance between the credit card rewards offered to customers and profitability. The balance ensures the rewards program can be provided to customers on a sustainable basis in the long term. Banks like HDFC Bank and Axis Bank have restructured the benefits on their credit cards in the recent past. … Read more
Call it a modern-day version of a spectacular Renaissance patronage. Since 2019 Microsoft has provided more than $13bn in cash and computing capacity to OpenAI , a once-penniless startup that is now at the forefront of generative artificial intelligence (AI) and, as of its most recent fundraising round, worth $157bn. In exchange, Microsoft has gained … Read more
Breakout stocks to buy or sell: Following strong global market sentiments, the Indian stock market snapped a five–day losing streak on Monday. The Nifty 50 index gained 158 points and closed at the 24,339 mark, the BSE Sensex surged over 600 points and regained the psychological 80,000 mark, whereas the Nifty Bank index finished 471 … Read more
If you are a regular traveller and use airlines on a frequent basis for the purpose, the rewards that you earn on your credit card spends can be utilised for booking flight tickets. Card issuing banks offer free air miles for your spending in select categories, which can then be redeemed for booking flights. Though … Read more
Oil prices dropped approximately $4 per barrel on Monday after Israel’s retaliatory strike against Iran over the weekend left oil and nuclear facilities untouched, avoiding disruptions to energy supplies. By 1445 GMT, Brent futures had fallen by $4.13, or 5.43 per cent, to $71.92 per barrel, while U.S. WTI crude futures were down $4.04, or … Read more
You never know when a financial emergency might arise. Personal loans are one of the most preferred forms of debt during such times due to their versatility and diverse uses. Here are three reasons why you might consider taking a personal loan: Home renovation Building a house is just the beginning; every home needs renovations … Read more
Diwali 2024 Stock Picks: The Indian stock market has enjoyed a remarkable run in Samvat 2080. The Nifty 50 has gained 25 per cent since last Diwali despite headwinds such as stretched valuations, sticky inflation, geopolitical tensions and elevated interest rates. The biggest reasons for the rise of the Indian market are the durability of … Read more
Pravin Singh, a 33-year-old data scientist, embodies this transformation. For the past two years, Singh has given up the concept of a permanent home, moving between remote co-living, co-working spaces across India and abroad. One month he’s working by the Ping River in Chiang Mai, Thailand, the next in a secluded corner of Goa’s Anjuna … Read more
“Businesses often struggle with scattered data across multiple systems, leading many to adopt data platforms like ours to consolidate, govern, and analyse data effectively,” he told Mint in a video interview from his office in San Mateo, California. Cloud data platforms help organisations integrate data from various departments and sources, enabling them to manage, analyse … Read more
Market sentiment has moved from a bullish optimism, where investors actively bought the dips, to a more cautious, fearful approach, prompting many to sell during any sign of recovery. The emotional market sentiments Market response to news, whether positive or negative, is often coloured by emotional reactions. For instance, a surge in investor confidence can … Read more