2024 Financial News

World of Warcraft (WoW) players anticipate the refreshed Trading Post, an in-game feature enabling the purchase of mounts, pets, and cosmetics with Trader’s Tender currency. Earning Trader’s Tender

In case your retirement is in the year 2024, it is essential that you become conscious about taxes as well as know the recent rules and regulations on the same.

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India Inc. joined the cheer for the New Year. Taking to X (formerly Twitter) on Monday, Anand Mahindra, shared a long note on why 1st January continues to hold such a fascination among the masses across cultures.

This column appears on the second working day of the new year, and, as is customary, it tries to discern the path ahead. Amid the known-unknowns, some developments look almost certain. It is fair to say that the world will continue to be influenced by geopolitical shifts and conflicts in the first quarter of 2024.

releases the list of bank holidays, which is based on various factors including national/state holidays, cultural or religious observance, operational requirements, government announcements, and in coordination with other banks. It's important to note that the RBI communicates its holiday schedule through official channels, including its website and notifications to banks and financial institutions.

weight loss, and hitting the gym. Especially due to the pandemic-induced shock, the majority of people are focussing much on health and fitness and this is a growing category.

The Nifty50 continues to trade at 19.8 times its 1-year forward P/E based on the consensus earnings. On a 10-year basis, the index is still trading 10% above its 10-year mean valuation, says HSBC Mutual Fund. Valuations in the midcap and smallcap space are much more elevated.

Nifty 50 settled at 21,741.90, up 11 points, or 0.05 per cent. The BSE Midcap index hit its fresh all-time high of 37,171.97 while the BSE smallcap index touched its all-time high of 43,094.79 during the session. After the robust gains in the last two months on expectations of rate cuts in light of favourable macros, the market is expected to see some consolidation due to rich valuations.

2024, celebrated worldwide, was overshadowed by unsettling occurrences unfolding across continents, from airstrikes in Gaza and Ukraine to a catastrophic earthquake in Japan, painting a turbulent opening to the year. As the skies sparkled with New Year's fireworks globally, disquieting events marked the commencement. From Gaza, rockets launched towards Israel at midnight prompted defensive measures, compelling Israeli revelers to seek refuge. In response, Israel's retaliatory actions resulted in casualties and extensive devastation in Gaza, worsening an already dire humanitarian crisis.

₹66135 crore in Indian equity markets during December 2023 meant that FPI were buyers worth ₹1.7 trillion ( ₹171107 crore) in the equity market during the year 2023 as per NSDL data. “Since 2024 is expected to witness further declines in U.S. interest rates, FPIs are likely to increase their purchases in 2024 too, particularly in the early months of 2024 in the run up to the General elections", as per Dr VijayaKumar, Chief Investment Strategist at Geojit Financial Services.

Happy New Year 2024:In the heart of Manhattan, New York, tens of thousands of excited revellers assembled in Times Square to witness the iconic descent of the illuminated ball at midnight. The eagerly anticipated event featured electrifying performances by renowned musicians such as Megan Thee Stallion and LL Cool J.

Acting on impulse: The year 2023 witnessed a surge in investment mistakes driven by impulsive decisions, driven by the allure of rapid profits and the fear of missing out. Impulsiveness often stems from a lack of thorough research and due diligence. Investors, captivated by the hype surrounding trendy assets, tend to overlook the underlying fundamentals, risks, and potential downsides, leading to investments in unsustainable businesses, overvalued assets, or outright scams.

BSE Midcap index, and BSE Smallcap index surged to new all-time highs. Sensex opened 22 points lower at 72,218.39 and traded in the negative territory for the most part of the day. However, the index touched its fresh all-time high of 72561.91 during the session.

Canadians are ringing in the new year with plans to cut down on spending and make other behaviour changes amid growing recession fears after a year riddled with concerns about inflation, rising interest rates and high cost of living.

The arrival of the new year signifies a new beginning, a blank canvas filled with thrilling possibilities. There’s no better way to commemorate this occasion than by sharing the warmth and joy of exchanging gifts with families. The festive atmosphere surrounding the new year adds an extra layer of significance to gift-giving, creating an experience full of anticipation and love.

Driven by policy reforms, positive consumer sentiment, rising disposable income and growing demand for bigger homes, the real estate sector in India has experienced remarkable growth in 2023, surpassing the growth rates of all previous years and breaking all records.

Lower interest rates will likely drive the growth in affordable housing finance in 2024, say bankers. Last week, State Bank of India Chairperson, Dinesh Khara said that lending rates may fall from middle of next year.

New Year welcome party is complete without at least a cursory check on annual predictions! And no we are not talking about stock market predictions, or tentative guesses on the release date of your favourite Bollywood movies, but predictions regarding significant events such as war, royal rifts, etc. Curious about how 2024 will unfold? Let Nostradamus, a 16th-century astrologer guide you.

Cipla, Torrent Pharma, Eris Lifesciences, and JB Chemicals, among others) have increased their chronic presence, focused on new product launches, and entered into new therapies. API (Active Pharmaceutical Ingredient) companies are undergoing capex, which will aid in further top-line growth; a healthy product mix and softening input costs are likely to sustain higher operating margins of ~20-30% in CY24.

Union Budget: India, as a land of diversity, architectural wonders, and vast and varied landscapes, makes for an ideal destination for leisure and business tourism. Travellers seek the country not only for cultural and heritage tourism but also on offer is a varied portfolio of niche tourism products — river cruises, adventure, medical, wellness, sports, MICE, eco-tourism, film, rural, and religious tourism. For a few years, the sector was marred by the pandemic, but has now made a massive comeback and holds great potential for growth and contribution to the Indian economy. The travel and hospitality industry in India is a multi-billion diverse sector driven by factors like disposable income and has attracted the attention of global investors.