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USA Stock Market Plummets: A Sign of Gre...

USA Stock Market Plummets: A Sign of Great Recession?

The US stock market has experienced a significant downturn in recent weeks, sparking concerns among investors and economists about the possibility of a great recession. The Dow Jones Industrial Average (DJIA) has fallen by over 10% from its peak, while the S&P 500 and Nasdaq Composite have... read more »

Report on the Indian Union Budget 2024

Report on the Indian Union Budget 2024

The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman on July 23, 2024, marks a significant milestone in India’s economic journey. This budget, the first during Prime Minister Narendra Modi’s third term, outlines a detailed roadmap for achieving ‘Viksit Bharat’ by... read more »

Sensex score above 1300 and below 16600 ...

Sensex score above 1300 and below 16600 for fear of Omicron.

Indian stocks fell as the spread of the Omicron coronavirus ruined investor sentiment. The BSE Sensex benchmark dropped to 1,330 points and the Nifty 50 fell below the most important psychological level of 16,600. As of 11:02 am, Sensex closed at 55,681, down 1,330 points, and Nifty 50 at 16,582. ,... read more »

India is where people make things and us...

India is where people make things and use them worldwide: Google CEO Sundar...

Alphabet and Google CEO Sundar Pichai said they are delighted to see India’s startup culture and that Google wants to provide technical support in the form of AI to help Indian startups “grow”. At the Hindustan Times Leadership Summit, Pichai said: We would like to support... read more »

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Economy

Volkswagen pleads guilty in U.S. court in diesel emissions scanda...

DETROIT/WASHINGTON (Reuters) – Volkswagen AG pleaded guilty on Friday to fraud, obstruction of justice and falsifying statements as part of a $4.3 billion settlement reached with the U.S.... read more »

U.S. extends leniency programme for companies that...

MIAMI (Reuters) – The U.S. Justice Department will extend a programme that offers companies leniency if they voluntarily tell authorities when... read more »

Lloyds, two others dismissed from yen Libor litigation ...

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NEW YORK (Reuters) – A U.S. judge on Friday dismissed Lloyds Banking Group Plc , ICAP Europe Ltd and Tullett Prebon Plc as defendants from litigation... read more »

Crunch week as Fed meets on rates, Trump team joins G20

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LONDON (Reuters) – After a year that tipped conventional wisdom on its head, the coming week might suggest a return to some sort of normality for the... read more »

Some bank bulls grow wary on policy uncertainty

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(Reuters) – Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates,... read more »

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Investing

Strong U.S. job growth, rising wages set stage for Fed rate hike

WASHINGTON (Reuters) – U.S. employers hired workers at a robust pace in February, beating expectations, and wages grinded higher, which could give the Federal Reserve the green light to raise... read more »

State-owned carrier Air India understated losses &...

NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years... read more »

India’s Avenue Supermarts IPO oversubscribed 106 ...

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MUMBAI (Reuters) – The last day of bidding for an initial public offering (IPO) by India’s Avenue Supermarts Ltd saw investors clamouring for the... read more »

India’s industrial output up 2.7 percent in Janua...

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NEW DELHI (Reuters) – India’s industrial output rose 2.7 percent in January from a year earlier, government data showed on Friday. ... read more »

Volkswagen, Tata Motors plan to cooperate in India

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NEW DELHI/FRANKFURT (Reuters) – German carmaker Volkswagen said on Friday it had signed a memorandum of understanding to explore a partnership with Tata... read more »

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Gold & Metals

Government hikes import tariff value on gold, silver

NEW DELHI: The government today hiked import tariff value on gold to $401 per 10 grams and on silver to $543 per kg in line with global price trends. The tariff value on imported gold was at $392 per... read more »

Gold Edges Towards 12-Week High on Safe-Haven Dema...

Singapore: Gold edged up for a third session out of four to hover near a 12-week peak on Wednesday, bolstered by safe-haven demand as tumbling oil... read more »

Gold firm ahead of US nonfarm payrolls report

SINGAPORE — Gold rose on Friday ahead of a closely watched US jobs report and the metal was set to post its first weekly gain in four thanks to safe-haven... read more »

India not planning further curbs on gold imports –...

India is not planning to impose any further curbs on gold imports as the current account deficit is under control, Trade Secretary Rajeev Kher said on... read more »

Gold remains weak on low demand; silver recovers

NEW DELHI: Gold prices fell further by Rs 75 to Rs 27,025 per ten gram at bullion market here today on subdued demand even as the metal strengthened... read more »

More from Business

Tim Cook Invests In Crypto But Don’t Expect It On Apple Pay.

Tim Cook revealed that he personally invests in cryptocurrency, but that he has no plans to invest Apple’s cash in the asset. Apple Inc. chief executive officer Tim Cook said the... read more »

CBDT Extends timelines for various tax filings in India

Updated:29/09/2021 Income Taxpayers must pay attention as there have been several key announcements regarding deadlines and due dates. Central Board of Direct Taxes(CBDT) has announced the... read more »

How to Start a Business on a Small Budget

Running a business is most people’s dream, and if it’s something that you have wanted to do for a long time, what is putting you off? What is holding you back from starting a... read more »

How MobiKwik is revolutionizing personal finance!

Back in 2009, when co-founders Bipin Preet Singh and Upasana Taku started a Payment Systems Operator in India and named it MobiKwik, they may not have realized the momentum that this... read more »

How is Taxable Income Calculated – Know Income Tax Slab Based

How is Taxable Income Calculated – Know Income Tax Slab Bas...

All individuals and entities in India, having a taxable income, are required to pay taxes to the Income Tax Department and file their income tax returns. If you are looking for financial savings,... read more »