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Source: Live Mint After a sharp sell-off on Wall Street last week, market participants will witness sparse economic data in the holiday-shortened week ahead. No major events are scheduled in the week. The sell-off thwarted the seasonal Santa Claus rally, in which stocks rise on the last five sessions of December and the first two…
Source: Live Mint The Indian stock market is on track to conclude 2024 on a positive note even as it waded through several challenges led by domestic and global factors. The last week was marked by consolidation with bouts of intraday volatility on subdued trading sentiment due to persistent foreign outflows and muted global cues…
Source: Live Mint Q – Should a resident Indian having rental income from the US, take the benefit of depreciation and other reliefs allowed in the US and offer for tax on house property income on a net basis in India? —Name withheld on request No, a resident Indian earning rental income from a property…
Source: Live Mint Upcoming IPOs: There is certainly no question that the primary market has been very active throughout 2024. The final two days of 2024 are also expected to be busy for the primary market, featuring four listings and a few initial public offerings (IPOs) launching. In a recent report on IPOs, Motilal Oswal…
Source: Live Mint But staying fit can be expensive. Here are some money hacks to enjoy a healthier lifestyle in 2025. Fitness goals Bengaluru-based Ajinkya Deshmukh, 37, who has been training for triathlon competitions, prefers cycling and swimming. “After getting an ACL tear (anterior cruciate ligament) in my left knee, I wanted to incorporate other…
Source: Live Mint New Delhi, Dec 29 (PTI) Six of the top-10 most valued firms together added ₹86,847.88 crore in market valuation last week, with HDFC Bank and Reliance Industries emerging as the biggest gainers in line with an overall optimistic trend in equities. Last week, the BSE benchmark climbed 657.48 points or 0.84 per…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
Source: Live Mint After closing the books on a banner year for U.S. stocks, investors expect to ride seasonal momentum into mid-January when a slew of economic data and a transition of power in Washington could send markets moving. The S&P 500 rose roughly 25% in 2024 through Dec. 27, while the technology-heavy Nasdaq Composite…
Source: Live Mint Deepak Shenoy, Founder and Chief Executive Officer (CEO) of Capitalmind, a financial advisory firm, wants the Reserve Bank of India (RBI) to increase the limit for mutual funds investing in foreign stocks by over 10 times to $50 billion. The RBI has set a limit of $8 billion which Shenoy argued has…
Source: Live Mint New Year 2025 is just around the corner, and it brings more than just resolutions: it is a chance to realign our financial goals for the year. Planning finances for the new year will require awareness of key changes in 2025, including fixed deposit rules, credit card benefits, visa regulations, etc. Being…
