Money-Wise: Planning to become a SIP expert? Here are some golden rules to reap profits

There are some golden rules in SIP investment which have the power to accelerate an investor's financial journey and reap more profits 

 



China's industrial profits posted smaller gains in the January-march quarter, compared to the first two months. Profits at China's industrial firms rose 4.3% in the first quarter from a year earlier. That was slower than a 10.2% rise in the first two months this year.

China: Profits at industrial firms fall from 10.2% to 4.3%

Amid the UBS downgrade, tech stocks took a beating this past week, leading to their worst performance in over a year. Short sellers, who bet against the market, raked in huge profits as tech giants like Nvidia and Tesla suffered significant losses.

$10 billion windfall for tech short sellers

Procter & Gamble, the maker of everyday essentials, is facing a tough situation. Their latest results show some improvement in earnings, but it comes at a cost. They've raised prices across the board, but that's led to flat sales for two quarters in a row.

P&G price hike backfires, sales flat despite profit hike

The global commodity trading industry wrapped up its second-best year ever. Profits soared past $100 billion, despite a slight dip from the record-breaking highs of 2022.

Global commodity trading profits surge past $100 bn in 2023

Explained: Why foreign businesses are pulling out money from China at such a fast rate?

A silent corporate revolution is underway led by women and this revolution is not only changing the way women are represented in the workforce but also bringing in huge profits to multinational corporations. Our next report deep dives into this fascinating intersection of people and profits.

Report: Women-led hedge funds outperform in last 16 years

India's women-led startups surge 18%, unicorns climb to 17%: Report

Morgan Stanley's Q3 profit decline amid weak investment banking numbers

BP CEO Bernard Looney resigns after failing to disclose personal relationships with colleagues

After being hit by two-quarters of losses and after the breakup with Kanye West last October Adidas is now back to making profits. This is after the German sportswear giant sold off a huge inventory of West's Yeezy merchandise.

Adidas books profits as it sells off Kanye West's Yeezy inventory

The slowdown in consumer electronics purchases and a global microprocessor glut, which hurt Samsung Electronics' main memory business, were cited as reasons for the company's worst quarterly profits in 14 years on Thursday. In a statement, the South Korean firm, which is among the biggest manufacturers of memory chips and cellphones worldwide, reported a 95 percent decrease in operating profit to 640 billion won ($478.6 million).

Glut in memory chip market hits profits, affect Samaung sales

The latest International Energy Agency (IEA) report said over 10 million electric cars were sold last year. That is a 55% increase from 2021. For more details, watch the video.

Record sales of electric cars in 2022

Amidst a backdrop of economic uncertainty, McDonald's has managed not just to weather the storm but come out on top. The fast-food giant has defied all estimates and witnessed growth in traffic for the third consecutive quarter.

McDonald's solid earnings amid consumer worries

Former Shell CEO's salary jumped by more than 50% in 2022: Report

The Russia-Ukraine war and high energy prices are contributing immensely to profit of energy firms. Energy giant British Petroleum has reported a record profit of 28 billion dollars in 2022.

Energy firm BP's profits double to $27.7 billion

Samsung says Q4 profits plunge 69% to 8 year low on demand slump

Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices.

World Business Watch: Samsung Electronics quarterly profit sinks to an eight-year low

While supply chain issues are hampering the auto industry output, Mercedes posts profits beating recession fears. Watch this report.

WION Dispatch: Mercedes posts profits beating recession fears

Qantas Airways forecast will report a first-half profit that tops market estimates for the full year as demand rebounds, even as it spends money to improve operational reliability and sweeten wages.

World Business Watch: Qantas shares surge as it forecasts stronger-than-expected first-half profit

BP profit triples to $9.3 bn on soaring energy prices

Tech giants that got drunk on profits earlier now suffer a 'post-pandemic hangover'

Samsung Electronics is likely to post its highest first-quarter profit since 2018, analysts' estimates showed, driven by brisk profits on memory chips as solid demand helped to keep prices firmer than expected.

Samsung likely to report highest Q1 profit since 2018 on memory chips

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