[ad_1] Since 1980, the total cost of four-year public and private colleges has nearly tripled. Student loan debt has ballooned to over $1.6 trillion for more than 45 million borrowers. One-third of borrowers never attain a degree, and those who graduate do so with close...
[ad_1] James Gorman said Friday he plans to resign as Morgan Stanley's CEO within the year, setting off a succession race atop one of Wall Street's dominant firms.The bank's board has narrowed its CEO search to three "very strong" internal candidates, Gorman told shareholders at...
[ad_1] Wall Street's main indexes erased early gains on Friday as U.S. debt ceiling talks between the White House and House Republican lawmakers were paused, dampening hopes that a deal could be reached soon to avoid a calamitous default.The indexes had opened higher on optimism...
[ad_1] Zomato chief executive Deepinder Goyal said on Friday that his move to exit the board of Urban Company was the ‘right thing to do’ as Zomato is exploring entering the space. “Since I was on the board of Urban Company, I thought it was...
[ad_1] The Indian Navy on Friday said it has located a Chinese fishing vessel that capsized in the Indian Ocean earlier this week with 39 crew members onboard.The distant-water fishing vessel "Lupeng Yuanyu 028", owned by Penglai Jinglu Fishery Co Ltd based in Shandong province,...
[ad_1] Startups garnered around $617 million in funding from 26 rounds this week. The figure, while modest compared to the same period last year, was a significant improvement over the previous week, according to data provided by market intelligence firm Tracxn. Between May 13 and...
[ad_1] State-owned Power Grid Corporation of India Ltd on Friday reported a nearly 4% year-on-year (YoY) rise in consolidated net profit for the quarter ended March to Rs 4,320 crore. Consolidated revenue for the quarter increased nearly 15% YoY to Rs 12,264 crore. The board...
[ad_1] State-owned Gail India on Friday said it has initiated legal proceedings against an arm of the Russian energy giant Gazprom for non-delivery of LNG. The company's chairman and managing director SK Gupta said Gail is seeking damages from Gazprom, but declined to spell out...
[ad_1] NEW DELHI: The Nifty Bank index closed on a positive note on Friday. Shares of Punjab National Bank(up 1.65 per cent), Axis Bank(up 1.02 per cent), Bank of Baroda(up 0.86 per cent), AU Small Finance Bank(up 0.83 per cent) and ICICI Bank(up 0.82 per...
[ad_1] Gail India plans to borrow up to Rs 7,000 crore in FY24 to fund the Rs 10,000 crore capital expenditure plan for this fiscal, a top company official said on Friday. The state-owned company's chairman and managing director SK Gupta said, "For this fiscal,...