Author: TI Editor

Goldman Sachs plans to trim its staffing by 3% to 5% in an annual performance review process this spring, said a source familiar with the matter who declined to be identified discussing personnel matters. That would equate to more than 1,395 job cuts from the bank’s global workforce of 46,500 at the end of December. The last time the Wall Street firm conducted a similar review in September, it made smaller reductions.”This is part of our normal, annual talent management process,” a spokesman said, declining to give details. Goldman carried out multiple rounds of workforce reductions in 2023 as dealmaking…

You can make money by investing in the share market, but you need to be careful and keep in mind a list of financial points. Warren Buffett once said, “Price is what you pay. Value is what you get.” You need to keep the following points in mind as you invest your hard-earned money in stocks.Understanding financial goals, risk taking capacity and toleranceIt is important for you to first determine your financial goals, life aspirations and your risk tolerance. Your financial goals can be as simple as saving for a car in the short term or retirement savings in the…

The best smartwatch offers a blend of style, functionality, and smart features. With AMOLED displays, Bluetooth calling, and fitness tracking, these devices enhance daily life.Smartwatches now go beyond basic notifications, offering seamless connectivity, productivity tools, and advanced health tracking. A well-chosen smartwatch fits professional and fitness needs, ensuring convenience and efficiency.The top 10 smartwatch in India includes options Huawei, Noise, Fastrack, Boult, and Titan provide models with IP68 water resistance and 100+ sports modes. Some watches also feature heart rate and SpO2 monitoring for health-conscious users. With up to 80% off on the best smartwatches on Amazon, this is an…

Compounding is one of the key secrets of wealth creation. When you invest a small sum in a stock or a mutual fund and keep it locked for a long period, it grows at a fast pace in the later years than it did in the initial years.This happens because the returns generated in the first few years get added to the principal, thus helping the investment multiply over a long period of time. Almost all the proponents of value investing laud the magical power of compounding.  Warren Buffett once said that ‘Time is your friend; impulse is your enemy.…

Brent Chapman, a 33-year-old from North Vancouver in Canada, is one of the first Canadians to undergo osteoodonto keratoprosthesis (OOKP), commonly known as tooth-in-eye surgery. Initially sceptical, he was encouraged by a woman in Australia who regained sight after the procedure.OOKP involves removing a patient’s tooth, embedding a plastic optical lens inside it and implanting it into the eye. Teeth are used because their dentine is strong and resistant to rejection.The surgery, led by Dr. Greg Moloney at Mount Saint Joseph Hospital in Vancouver, has never been performed in Canada before. However, OOKP has been successful in other countries.This procedure…

New Delhi: The Competition Commission of India (CCI) has approved seven acquisitions, including those by JSW Energy Ltd, Shell Plc and Adani Infra (India) Ltd.The competition watchdog approved all transactions without modifications, statements issued by the CCI on Wednesday showed. JSW Energy Ltd has got green signal from the regulator for its full acquisition of KSK Mahanadi Power Company Ltd, an insolvent company, having coal-based power project in Chhattisgarh. National Company Law Tribunal in Hyderabad had earlier cleared the resolution plan submitted by the company. The New Indian Express had reported on 14 February the rescue plan was of ₹16,084 crore.JSW Energy,…

What do Sam Altman and David Sacks have in common? Certainly not politics. Mr Altman, co-founder of OpenAI, is part of the transition team of Daniel Lurie, the Democratic mayor-elect of San Francisco. David Sacks, an entrepreneur and polemical right-wing podcaster, will on January 20th become Donald Trump’s crypto and artificial-intelligence (AI) tsar. Yet both have the distinction of being among Silicon Valley’s best spotters of entrepreneurial talent. According to data from TRAC, a venture-capital (VC) firm, few are as good at picking promising startups at the very earliest stage. Messrs Altman and Sacks stand out because of the whopping…

The idea of making a fortune by investing at the bottom of a crisis is often glorified, fostering the belief that wealth is built by timing market downturns with precision. Stories of investors who seized opportunities during market collapses create the illusion that waiting for the next major crisis—and deploying capital at exactly the right moment—is the key to success. While having cash during a crisis is essential, it is ineffective without the conviction to invest.  Read this | These foreign funds have been selling more Indian stocks than the others. They aren’t the ones you thought they were. The…

Days after an employee called him out in the comments section and questioned the company’s commitment to its workforce, Byju’s CEO Byju Raveendran assured him that pending salaries, unpaid for the past three months, would be cleared, though not ‘immediately’.Raveendran took to LinkedIn earlier this week to acknowledge his absence, asked his employees for forgiveness, and refute certain charges against him.Raveendran assured the Hyderabad-based employee that pending salaries would be paid eventually, but not “immediately.” He said that he was fighting not just for himself but also for his employees.“Bills will be paid, comeback will be made, dues will be…

 The Reserve Bank of India (RBI) has appointed Dr. Ajit Ratnakar Joshi as Executive Director (ED) with effect from March 03, 2025. Prior to being promoted as ED, Dr. Joshi was serving as Principal Adviser in Department of Statistics and Information Management. Dr. Joshi has experience of over three decades in the areas of statistics, information technology, and cyber risk management.He also served as member of faculty at the Institute of Development and Research in Banking Technology, Hyderabad. He has also served as member of several committees and working groups relating to compilation of macroeconomic statistics and policy issues.  As Executive Director, Dr.…