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…
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…
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),…
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…
The overall market value of seven of ten most valuable companies soared by a staggering Rs 2.31 lakh crore last week, with Reliance Industries emerging as the top gainer in a largely upbeat equity market.The rally came during a holiday-shortened trading week, with markets remaining close on Thursday for Maharashtra Day. The BSE benchmark Sensex…
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…
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…
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…
Although he possesses enormous wealth, Warren Buffett maintains an understated lifestyle. Warren Buffett, the 94-year-old billionaire investor and the world’s fifth’s richest person, announced his retirement as CEO of Berkshire Hathaway, effective end of 2025. He made this announcement on Saturday at the company’s annual shareholders’ meeting in Omaha.“Tomorrow, we’re having a board meeting of…
(left to right) Tim Cook, Warren Buffett, Jamie Dimon Apple CEOTim Cook, JPMorgan Chase’s Jamie Dimon and other industry leaders paid glowing tributes to Warren Buffett following shock announcement by the Berkshire Hathaway chief executive he will retire at the end of the year, having led the conglomerate for over 60 years.Cook said, “There’s never…
