Microsoft has posted a net profit of more than 100 billion dollars in a financial year for the first time. This is according to the figures published on Wednesday evening for the fourth quarter and the full financial year 2025. The software company’s financial year 2025 ended on June 30. As it turns out, the
Laxmi India Finance launched its initial public offering (IPO) for subscription on Tuesday, July 29. The non-banking financial company (NBFC), known for its focus on MSME and vehicle loans, has set the price band for the IPO at ₹150 to ₹158 per equity share. Retail investors can bid for a minimum of 94 equity shares
Financial Guides Investing What Is a Financial Portfolio? Jul 30, 2025 Principal Researcher Laurie Sepulveda Principal Researcher Laurie Sepulveda Senior Writer Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about personal loans, home equity loans, mortgages and banking. She lives in North Carolina and has taught and written about personal
PADUCAH — Paducah Finance Director Jonathan Perkins celebrated his retirement after 34 years of service to the city during a retirement reception Wednesday. Perkins, who originally hails from Missouri, started his career in Paducah in 1991 at the age of 32. Over the years, Perkins said he worked to build and improve the city’s financial
China’s finance minister has pledged to step up the use of fiscal tools to spur domestic demand and tackle local government debt, following stable growth and improved economic momentum in the first half of the year. Finance Minister Lan Foan said the central government would accelerate fiscal spending, including the issuance and use of ultra-long-term
BANKING has never been easier with the introduction of digital payments and real-time electronic transfers. People no longer need to travel to physical bank branches to make transactions; nor do they need to wait for several days before they can claim their money. All of these have been made possible by BancNet. BancNet is a
A blockchain platform affiliated with US President Donald Trump has invested $10 million in Falcon Finance to support the development of stablecoin infrastructure, the companies said Wednesday. The investment aims to improve liquidity and interoperability between two stablecoins: Falcon USD (USDf) and World Liberty Financial USD (USD1), a token launched by the Trump-linked World Liberty
NEW YORK, July 30, 2025 /PRNewswire/ — Ramp, the leading financial operations platform, announced its Series E-2, raising $500 million at a $22.5 billion valuation. ICONIQ led the round, with continued support from existing investors including all participants from the June 2025 Series E: Founders Fund, D1 Capital Partners, GIC, Coatue, Avenir Growth, Thrive Capital,
Financial Services firm IIFL Finance Ltd on Wednesday (July 30) reported a 19% year-on-year decline in net profit at ₹233.4 crore for the first quarter ended June, from ₹288 crore posted in Q1FY25. Revenue from operations increased 12.7% to ₹2,952.8 crore against ₹2,621 crore a year ago. IIFL Finance has announced a series of senior
What Is Decentralized Finance (DeFi)? Decentralized finance (DeFi) is an emerging peer-to-peer financial system that uses blockchain and cryptocurrencies to allow people, businesses, or other entities to transact directly with each other. The key principle behind DeFi is to remove third parties like banks from the financial system, thereby reducing costs and transaction times. In