Beyond Financial News

Also Read: Empowering the matriarchs: How women take the lead in joint financial decision-making Empowerment begins with knowledge, and various platforms dedicated to financial education are leading the change in providing women with the tools and resources they need to thrive financially. By offering insights into budgeting, investing, and wealth creation, these initiatives are equipping women with the confidence and skills to make informed financial decisions, laying the foundation for long-term financial security.

Lok Sabha elections. The party's decision, announced recently, draws parallels with its tactics in 2004 when it prioritized alliances over individual contests, leading to the removal of the BJP-led NDA from power. With hopes pinned on history repeating itself after 20 years, Congress is gearing up for a calculated electoral maneuver. In the upcoming 2024 elections, Congress is expected to contest approximately 330 seats, a notable decline from its 2004 tally of 417 seats, marking its lowest count to date. The party's spokesperson, Jairam Ramesh, attributed this reduction to the accommodation of partners within the INDIA bloc, particularly in states like Maharashtra, West Bengal, and Uttar Pradesh. These alliances have prompted Congress to scale back its presence in these states compared to previous elections, aligning with the NCP-Shiv Sena, Left, and Samajwadi Party. «The situation in 2004 mirrors that of 2024. We deliberately opted for fewer seats in these crucial states to forge strong alliances. Congress and the INDIA bloc anticipate a decisive mandate in these elections, without the need for additional parties or wavering allies from the NDA,» Ramesh said. He further suggested that this strategy could influence regional parties in the North-East to align with Congress, shifting away from the BJP.

HRA claims from previous years. However, the Central Board of Direct Taxes (CBDT) recently clarified that there was no special drive to re-open cases concerning mismatch of data relating to House Rent Allowance (HRA). «There is no special drive to re-open cases of mismatch, and media reports alleging that large-scale re-opening is being undertaken by the CBDT are completely misplaced. At the outset, it is stated that any apprehensions about retrospective taxation on these matters and re-opening of cases on issues pertaining to HRA claims is completely baseless. Data analysis was carried out in some high-value cases of mismatch between the rent paid by the employee and receipt of rent by the recipient for the FY 2020-21,» said CBDT in a press release dated April 8, 2024. However, this does not mean that you can live worry-free in case there is a mismatch between the rent paid by you and the receipt of rent by the landlord and there is a situation of possible tax evasion.

Chunky bootmaker Dr. Martens is warning of a tough year ahead

Mint. Currently, the regulations do not permit drone operations beyond the visual line of sight of the drone operator. While the government permitted 20 entities to conduct experimental BVLOS flights in 2021, so far regulatory structure for implementation of these flights is yet to see the light of the day.

₹64.90 to ₹59.50 per share year-to-date (YTD), marking a decrease of approximately 8.32 per cent during this period. Yet, according to the Anand Rathi stock research team's assessment, the stock has transitioned beyond its base building phase and is poised to deliver significant upside potential.

Ankur Warikoo, a prominent figure in the entrepreneurial and content creation space, recently shared an inspiring update with his followers. In a post on X, he announced a significant transformation in his physical health, revealing that he had shed 10 kg over the past year. This announcement was accompanied by a teaser for an upcoming video scheduled for release on April 20th, where he will delve into the details of his weight loss journey. In his social media post, Warikoo showcased before-and-after photos, crediting his trainer, Sagar Ahuja, for his remarkable transformation. He proudly declared himself «fat-free» at the age of 43 and expressed hope that his journey would inspire others to prioritize their health.

Face it, fund companies. It’s no longer enough just to push products. Financial advisors want more.

The European Union has disbursed about $6.7 billion to Poland as a part of the 27-nation bloc’s post-pandemic recovery fund, the biggest single transfer ever to the country

Drinks promoted as offering mental or physical benefits beyond hydration are growing in popularity around the world

Salman Rushdie has released his much-awaited memoir "Knife" today, recounting the harrowing experience of being stabbed at a public event in 2022 and how he overcame the near-fatal ordeal. Originally from India and now a naturalized American residing in New York, Rushdie gained global attention as a champion of free speech following death threats spurred by his controversial 1988 novel "The Satanic Verses.".

Satish Kumar, who is DCP Crime in Delhi Police, has recently shared his harrowing experience onboard IndiGo's flight from Ayodhya to Delhi. In a tweet, Kumar shared the flight got delayed multiple times and by the time it landed at the destination, it has just 1-2 minutes fuel left. The flight, scheduled to depart at 3:25 pm and arrive at 4:30 pm, faced challenges as bad weather disrupted plans. The pilot informed passengers at approximately 4:15 pm about the weather conditions at Delhi airport, stating the aircraft had 45 minutes of holding fuel. «The pilot attempted landing twice, couldn’t due to bad weather and still wasted lot of time deciding the next course of action. At 5:30 p.m. (after a lapse of 75 minutes since the Holding fuel announcement) the pilot announced that he’ll finally attempt landing at Chandigarh. By that time lot of passengers and one of the crew staff started puking out of panic. Finally the plane managed to land at 6:10 p.m. at Chandigarh Airport after a lapse of 115 minutes since the 45 minutes Holding fuel announcement,» he added.

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finance ministry has approved the release of funds for six more months through September 2024 under the government's flagship housing scheme, a move that will enable completion of about 3.5 million rural houses, a senior official told ET. The government had set a target of building 29.5 million houses under the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) by March 2024 to realise its «housing for all» goal. Approval was granted to construct nearly all these. About 26 million houses have already been built since November 2016 when the scheme was rolled out revamping the erstwhile Indira Awas Yojana.

Financial decision-making is an integral part of any household, and it is interesting to see how different families approach it. In this article, we explore the financial dynamics of five diverse families from India and how women are empowering themselves in shaping their financial futures. Let's dive into their stories and understand how they are managing their finances.

credit cards) were growing at a faster pace. Taking note of the high growth and to avoid an increase in the banks' NPAs, the RBI increased the risk weights for these loans in November 2023. The move has not had much impact on the growth of these loans, specifically credit cards.

People in occupations that provide a high income and those in financial services tend to have the best 401(k) plans, according to data published Thursday by Judy Diamond Associates.

Rebecca Ferguson, the leading star and executive producer of Apple TV+'s hit series Silo, recently shared significant insights into the show's future trajectory. Based on Hugh Howey's Silo trilogy, which includes the novels Wool, Shift, and Dust, Silo delves into the complexities of life within an underground silo amid a miserable outside world. Ferguson portrays Juliette, an engineer determined to uncover the dark truths lurking within the silo's depths.

Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year

Crypto, in many regards, has failed, but blockchain is just beginning.

Jerome Powell was poised to kick off the great monetary pivot in earnest thanks to the steady demise of inflation, while Corporate America’s famous profit machine vindicated the euphoria on Wall Street and beyond. Now after a week of geopolitical tensions and bond volatility, life is getting harder for money managers who are sitting on some of their highest exposures to stocks and credit combined in a decade.