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₹6 Lakh Crore Wiped Out: Key Factors Beh...

₹6 Lakh Crore Wiped Out: Key Factors Behind Today’s Market Crash Amid Middl...

Today, the Indian stock market saw significant losses, erasing around ₹6 lakh crore in investor wealth as both the BSE Sensex and NSE Nifty dropped by approximately 1%. This sudden decline follows a period of rally and can be attributed to several critical factors: 1. Geopolitical... read more »

Elon Musk Warns U.S. Approaching Bankrup...

Elon Musk Warns U.S. Approaching Bankruptcy as National Debt Soars

In a recent statement, Elon Musk has raised concerns over the U.S. economy, warning that the country is on a fast track to bankruptcy. With the national debt surpassing $34.94 trillion, the burden of interest payments has become overwhelming. In 2024, interest payments on the debt are expected to... read more »

Warren Buffett’s Berkshire Hathawa...

Warren Buffett’s Berkshire Hathaway Becomes First Non-Tech U.S. Firm ...

Berkshire Hathaway, the conglomerate led by Warren Buffett, has reached a historic milestone by becoming the first non-tech U.S. company to achieve a $1 trillion market capitalization. This landmark achievement highlights the strength of Berkshire Hathaway’s diversified portfolio and the... read more »

CBDT Clarifies: Not All Indians Require ...

CBDT Clarifies: Not All Indians Require Tax Clearance Certificate for Inter...

New Delhi, August 20, 2024— The Central Board of Direct Taxes (CBDT) has clarified that not all Indian citizens are required to obtain an Income-Tax Clearance Certificate (ITCC) before traveling abroad, addressing widespread confusion following recent amendments to the Income-tax Act, 1961.In a... read more »

More from Business

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

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 global economy — or instead... read more »

Some bank bulls grow wary on policy uncertainty

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

State-owned carrier Air India understated losses – CAG

NEW DELHI (Reuters) – India’s state-owned airline Air India understated its operating losses by nearly $1 billion over three fiscal years to March 2015, the federal auditor said... read more »

India’s Avenue Supermarts IPO oversubscribed 106 times

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

India’s industrial output up 2.7 percent in January

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