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Ted Sarandos: CEO of Netflix who recently lost Warner Bros acquisition fight to Paramount says: They are buying a much larger company, debt that will force CEO David Ellison to layoff thousands and cut … |

Netflix co-CEO Ted Sarandos has now broken his silence after dropping out of the bidding war for Warner Bros. Discovery, conceding defeat to Paramount Skydance. However, Sarandos warned that the rival’s debt-heavy acquisition will come at a steep cost for Hollywood. Speaking to Bloomberg in an interview, Sarandos revealed that Netflix had planned for multiple…

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UAE market stability, food prices, stock update amid Iran–US-Israel escalation: Panic buying in the emirates as oil prices surge?

UAE Food Stock Update: Are Supermarkets Running Out Amid Iran–US-Israel Tensions? Amid escalating geopolitical tensions in West Asia, including recent missile exchanges involving Iran, the United States and Israel that rattled Gulf cities and triggered regional alerts, the United Arab Emirates has reassured the public that its markets remain stable and strategic food reserves are…

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Buying property abroad? FEMA rules Indian investors must follow to avoid penalties

Owning overseas real estate, whether in Dubai, London or Singapore, has become an increasingly popular aspiration among Indian investors. But recent enforcement action has highlighted that foreign property purchases can invite regulatory scrutiny if Foreign Exchange Management Act (FEMA) rules are not followed carefully.Earlier this month, the Directorate of Enforcement conducted searches under FEMA, 1999…

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IT selloff shock: Nifty IT logs worst fall in February since 2008 global financial crisis; is this crash a buying opportunity?

A sharp selloff in technology stocks has pushed the Nifty IT index into its steepest monthly decline since the 2008 global financial crisis, as fears around artificial intelligence disruption rattled investor confidence.With Tuesday’s 6% decline, the Nifty IT index has plunged over 21% in February alone, marking its worst monthly fall since the 2008 global…

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Buying a property in India? 5 things you need to be careful of before signing any document |

Buying a property, house or flat is one of the most important decisions one makes in their lives. Whatever might be the purpose, be it for living, for rental, or long-term investment, real estate transactions involve high capital and long-term legal and bank-related commitments. Despite regulatory reforms, the sector continues to present risks because of…

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Tether Buying Gold: ‘James Bond-style’ bunker: Why a crypto firm is buying more gold than most central banks

Gold is not just another metal. For centuries, the yellow metal has been a symbol of safety and stability, serving as a reliable hedge when markets turn volatile. Centuries ago, kings hoarded it to display their power, then, as nations modernised, central banks began stockpiling gold to shield their economies against crises. But recently, gold…

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‘No reason to believe’: Russia says India has not changed stance on buying oil, rejects US claims

AI image used for representative purposes Russia’s foreign ministry firmly claimed on Wednesday that it has “no reason to believe” that India changed its stance on purchasing Russian oil, despite US claims suggesting otherwise. The ministry emphasised that the oil trade benefits both nations and helps maintain global energy market stability, while dismissing recent statements…

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How is gold buying & selling taxed in India? Check short & long-term capital gains tax rules on gold assets

How is gold taxed? (AI image) Gold is a safe haven asset globally – and it’s also the traditional go-to savings and investment bet in India. Gold prices have been rising unprecedentedly over the last 18 months and investors are rushing to buy the yellow metal amidst global economic and geopolitical uncertainty.Investment in gold can…

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Buying a house? Location, legal checks and more; what to keep in mind

Buying a home remains one of the most significant financial and emotional milestones for many Indians. However, real estate experts caution that overlooking due diligence—particularly on location, legal clearances and financial planning—can turn a dream purchase into a long-term liability.Industry advisers say careful research and patience are essential to ensure that a property remains both…

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