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Source: Live Mint Next week on Wall Street will see several economic data including the important consumer prices inflation and Producer Price Index for last month. Investors will also have the minutes of FOMC (Federal Open Market Committee) from the September policy meeting. The economic data in the week ahead could give clues as to…
Source: Live Mint Mumbai (Maharashtra) [India], October 6 (ANI): After starting the current month on a tragic note, investors in the stock market will be closely monitoring the global geopolitical situations, outcomes of RBI’s Monetary Policy Committee (MPC), and second quarter results of the companies, as per the market experts. The market watchers say that…
Source: Live Mint — Nathan Mayer Rothschild 17 January 1991. Time: 2.38 am. Eight US Army Apache helicopters flew over the Iraqi–Saudi Arabian border and bombed some Iraqi radar sites. Five minutes later, 24 US Air Force fighter jets attacked airfields in Western Iraq. At 3 am local time, 10 more stealth attack jets raced…
Source: Live Mint The stronger impact on domestic stock market is partly because we were playing on a weak wicket. In the weeks prior, the domestic market had been underperforming relative to other EMs. The underperformance intensified as investors began shifting funds to Asian counterparts like China, which are trading at significantly lower valuations—10x to…
Source: Live Mint Buy or sell: As discussed last week, both the Nifty and Bank Nifty indices were in overbought conditions, resulting in a significant correction over the past week. The Nifty index dropped by nearly 5%, closing at 25,014, while the Bank Nifty corrected by about 6%, ending at 51,462. The Federal Reserve’s decision…
Source: Live Mint India’s Minister of External Affairs, S. Jaishankar, at the third Kautilya Economic Conclave, Delhi, said that artificial intelligence, along with factors like demographics and connectivity, will change the global order, according to mutiple media reports. “Demographic, connectivity and AI will change the global order,” said the external affairs minister at the economic…
Source: Live Mint I’m divorced and have to pay ₹90,000 alimony to my ex-wife. Can I claim tax exemption on the alimony? Can I claim a tax exemption on this alimony? Does it matter if I pay it monthly or annually? If we agree on a one-time settlement, would that be tax-exempt, even if the…
Source: Live Mint In a tumultuous week for Indian markets, nine out of the top ten most valuable companies in India saw their market capitalization plummet by a staggering ₹4,74,906.18 crore. This significant erosion in value came as the broader market faced severe headwinds, with the BSE benchmark index plunging by 3,883.4 points, or 4.53…
Source: Live Mint Yet, even with e-visas and Electronic Travel Authorizations (ETAs) simplifying the process, travellers often face unexpected hurdles. From rejected applications to documentation pitfalls, understanding the fine print of these digital processes can be the difference between a smooth trip and a travel nightmare. Read this | How you can retire in Europe…
Source: Live Mint The primary market is all set to take a sigh of relief in the coming week, after a flurry, as only two new initial public offering (IPOs) are set to open for subscription. Among them, Garuda Construction will debut its public offering in the mainboard segment, while Shiv Texchem is preparing to…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25535403/STK004_FBI_CVIRGINIA_A.jpg?w=400&resize=400,250&ssl=1 "An Ohio man guilty of Bitcoin laundering must forfeit over $400 million in assets")