Sensex falls 256 points due to selling in banking, FMCG shares

Benchmark Sensex closed lower by around 256 points in a volatile trade on Thursday, snapping its three-day gaining streak due to selling in banking, FMCG and oil and gas shares amid weak Asian......

Sensex, Nifty edge lower in choppy trade

Benchmark Sensex and Nifty closed marginally down in choppy trade on Tuesday, extending losses for a third straight day as investors remained cautious ahead of the release of minutes of the Federal......

Global wealth up 9.8% YoY at $463.6 trn in 2021; India, China lead the way

India witnessed a 12 per cent year-on-year (YoY) jump in total household wealth last year, at $14,225 billion, according to the Global Wealth Report 2022 by Credit Suisse. Photograph: Lee......

Why Are India's Rich Reluctant Givers?

A sudden surge in wealth because of stock market gains after the pandemic could be one of the factors behind the relatively lower share of philanthropy in total wealth. Illustration: Uttam......