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Source: Live Mint Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline inventories fell unexpectedly last week and on reports that OPEC+ may delay a planned oil output increase. After falling more than 6% earlier in the week on the reduced risk of wider Middle East war, Brent…
Source: Live Mint German 2-year yield hits three week high Italy 10-year yields hits eight week high Euro zone economy grows by 0.4% in Q3, twice as fast as expected ECB does not need to stimulate economy – ECB’s Schnabel Traders trim bets on large ECB cut By Samuel Indyk and Medha Singh LONDON, –…
Source: Live Mint Muhurat Trading is regarded as an auspicious occasion for investments, symbolizing prosperity and offering investors a chance to enhance their wealth and success. Last year on day of Diwali indices rose by over half a percent. Looking ahead, we remain optimistic that any market dips can be seen as opportunities for buying….
Source: Live Mint US stocks were mixed on Wednesday after data showed the economy maintained a solid pace of growth in the third quarter. At the opening bell, the Dow Jones Industrial Average rose 16.8 points, or 0.04%, to 42249.81. The S&P 500 fell 0.3 points to 5832.65, while the Nasdaq Composite rose 18.9 points,…
Source: Live Mint Muhurat Trading 2024: Muhurat Trading is more than just a trading session—it’s a ritual of optimism. The one-hour session, steeped in tradition, typically attracts low volumes and less volatility, making it a great opportunity for tactical positioning rather than frenzied trading. Puneet Sharma- CEO and Fund Manager at Whitespace Alpha suggests the…
Source: Live Mint When you sell your old piece of jewellery to buy a new one, you are meant to pay capital gains tax on the sale. It is vital to note that the sale of gold, even for the purpose of buying a new ornament, is seen as the sale of an old asset….
Source: Live Mint In our rapidly evolving financial landscape, virtual credit cards have emerged as a convenient and secure payment option. They aim to simplify credit transactions while reducing the risks of theft and loss compared to traditional physical credit cards. What is a virtual credit card? A virtual credit card is the digital form…
Source: Live Mint Sport utility vehicles (SUVs) and compressed natural gas (CNG) variants of existing models are currently driving auto demand in India. Maruti Suzuki India Ltd’s September quarter (Q2FY25) results reflect this. The automaker reported a 20% on-year drop in passenger car sales in the quarter, but SUV sales rose 9%. Notably, rural customers…
Source: Live Mint Arvinder Singh (56), who runs a retail business (telecom equipment and electric two-wheelers) in Delhi, faced the same dilemma. A chance meeting with a financial professional at a get-together influenced him deeply. He decided to test the waters, that too when he was just turning 50. View Full Image Graphic by Pranay…
Source: Live Mint Have you received an expensive gift from someone this Diwali? It could be an expensive watch, a rare painting, a piece of jewellery, or even a pair of branded shoes. Although a gift is typically considered tax-free, when its value is more than ₹50,000, it is liable to income tax in the…
