Career News & Insights

Top hedge funds led by D.E.Shaw, Bridgewater and Balyasny deliver big gains in 2025

Major hedge funds like D.E. Shaw and Bridgewater Associates achieved significant double-digit gains in 2025, fueled by an AI-driven stock market rally and global economic volatility. These top performers navigated a year of record fluctuations, with some funds posting their highest profits ever, attracting substantial investor interest.

5 world market themes for the week ahead

Markets anticipate a busy start to the year. Key U.S. jobs data is due. OPEC+ meets on oil output. Commodity indexes rebalance. Initial public offerings are expected to increase. Investors remain optimistic despite potential risks from U.S. Supreme Court rulings and a new Federal Reserve chair announcement.

Berkshire Hathaway enters post-Buffett era as shares drift lower

Berkshire Hathaway's post-Buffett era commenced with a slight dip in shares as Greg Abel assumed the CEO role. The conglomerate, now valued over $1 trillion, faces challenges finding needle-moving acquisitions amidst a record cash pile. Abel inherits a strong financial position, with Buffett remaining as chairman to support the transition.

Affordability crisis in New York: Zohran Mamdani's focus on rising rents & more — how will the new mayor handle it?

New York City's newly elected Mayor Zohran Mamdani faces immense challenges, including a severe housing affordability crisis and rising living costs. His ambitious plans for rent freezes and affordable housing construction are met with financial hurdles. With a projected budget shortfall and weakening federal support, Mamdani's success hinges on political organizing and navigating a complex economic landscape.

President Trump orders divestment in $2.9 million chips deal to protect US security interests

President Trump has ordered the unraveling of a $2.9 million deal involving Emcore Corp.'s computer chips, citing national security concerns. The executive order mandates HieFo Corp., reportedly owned by a Chinese citizen, to divest the technology within 180 days. This move scrutinizes a transaction initially announced during the Biden administration.

Dow closes higher on first day of 2026, still no Santa Claus rally

Major indexes like the Dow and S&P 500 closed higher on Friday, ending a four-day losing streak to begin 2026. Chip makers, industrials, and utilities fueled the gains, while tech giants and consumer discretionary stocks saw declines.

ITC slides to three-year low as tobacco excise hike prompts brokerage downgrades

ITC shares plummeted to a three-year low following a government excise duty hike on tobacco products. Brokerages downgraded the stock, citing fears of dampened cigarette demand and significant impact on profitability. Investors are advised to wait for clarity on price hikes and volume trends before considering buying.

India's Forex Reserves Jump $3.3 Billion To $696.61 Billion; Gold Holding Up $2.9 Billion

Foreign currency assets, a major component of the reserves, increase $184 million to $559.612 billion during the week ended December 26.

Planning a premium upgrade, these smartwatches with metal build caught my eye

Metal-build smartwatches combine durability with refined design, offering reliable performance, health tracking and a premium feel for everyday wear.

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On January 3

Petrol, Diesel Prices On January 3: Check City-Wise Rates Across India Including In Delhi, Mumbai and Chennai.

Delay of over four years pushes up bullet train project cost by 83%

Coloured diamonds shine brighter: Ultra rich chase pink, blue stones — what’s driving the demand?

Ultra-wealthy Indians are increasingly investing in rare pink, blue, and yellow diamonds, driving a 20-25% demand surge. These coloured stones, far rarer than white diamonds, are seen as both fashion statements and lucrative long-term assets. Their rising prices are fueled by global trends and increasing scarcity, with significant appreciation over the past two decades.