2024 Financial News

5paisa Capital Q3 Results 2024: The third quarter of the fiscal year 2024 (Q3FY24)Stock broking company 5paisa Capital on January 11 announced that its profit after tax (PAT) increased by 37 per cent year-on-year to ₹15.1 crore for the quarter that ended in December 2023. In the same period last year, the amount was ₹11 crore. The stocks of 5Paisa Capital were trading in red, down 7.15 per cent, at ₹642.70 on BSE at 10:33 am on January 12, 2023.

outlook for gold and equities in 2024? Will gold continue to rally with geopolitical tensions rising? Will equities continue outperforming or take a backseat? This is where financial planning and asset allocation are important. As an investor, your focus should be on financial planning and not chasing returns. The new year brings a lot of enthusiasm and optimism.

Every property buyer, being a resident individual, is required by law to deduct tax from the amount (price) he pays to the seller. However, where the seller is a tax resident in India, the TDS compliance is applicable only if the sales consideration exceeds Rs 50 lakh.

Citi Research on Friday lowered its Brent price forecasts for this year and 2025, citing oversupply concerns but expects prices holding above $70 per barrel in 2024 as OPEC+ keeps global oil markets «finely balanced». Citi cut its 2024 Brent price forecast by $1 to $74 per barrel and slashed 2025 forecast by $10 to $60 per barrel, but said in a note that recent activity in the Red Sea causing further tension in the Middle East could see near-term upside to the risk premium. The United States and Britain launched strikes from the air and sea against Houthi military targets in Yemen in response to the movement's attacks on ships in the Red Sea, a dramatic regional widening of the Israel-Hamas war in Gaza. Brent crude futures were trading around $79 a barrel at 0337 GMT on Friday, while U.S.

Union Budget 2024-2025 is expected to have a significant impact on the MSME sector, which is considered the backbone of India’s economy as it contributes to about 30% of our GDP, 48% of exports, and employs over 11 crore people. “Allocation of more funds for the ‘Raising and Accelerating MSME Performance’ (RAMP) scheme would provide major financial and technical support to MSMEs.

As we step into the new year, the World Economic Forum (WEF) Annual Meeting offers corporate leaders, policymakers and other stakeholders a chance to assess the year gone by and take stock of challenges and opportunities, extending to geopolitical developments, climate exigencies and economic hurdles. India has long had a significant presence at Davos and Indian industry has put together a formidable agenda aligned with the WEF’s theme of ‘Rebuilding Trust’ this year.

Q3 results today: Despite speculations about a global slowdown, Indian companies reported strong quarterly results in the April to June 2023 quarter. The performance improved further in the July to September 2023 quarter after a better-than-expected recovery in the Indian economy. The Indian economy has managed to keep inflation under control throughout the year, which is expected to fuel industrial and other demands in India.

Eknath Shinde-led Maharashtra Government has announced the “Mumbai Air Show 2024". The show includes aerobatic displays by the Suryakiran Aerobatic Display Team (SKAT) and the 'Sarang' Helicopter display team. According to a government statement, the IAF outreach programme will be held from 12 January to 14 January 2024 between 12pm to 1pm over Marine Drive.

Garena Free Fire Max is the revamped version of the popular battle royale game Garena Free Fire. The game started gaining popularity in India after the original Free Fire game was banned by the Indian government. Notably, Free Fire Max also brings many improvements over its predecessor including better graphics, sound effects, lighting and more.

“Key areas of focus could include tax relief measures to boost consumption and investment, especially for salaried individuals and MSMEs,” says Sonam Srivastava, smallcase Manager & Founder, Wright Research. In an interview with ETMarkets, Srivastava said: “Increased allocation for infrastructure projects is anticipated, which would create jobs and stimulate economic growth,” Edited excerpts: The market seems to have climbed all wall of worries to hit fresh highs in the first week of January 2024. But the voice is getting louder both domestic and global that these valuations are unsustainable. What is you take? Sonam Srivastava: The market reaching new highs in early 2024 reflects a blend of optimism and speculative fervor. The concerns about unsustainable valuations, both domestically and globally, are not unfounded.

BEIJING (Reuters) — China's exports grew 2.3% in December from a year earlier, customs data showed on Friday, adding to signs global trade is slowly turning a corner with the prospect of lower borrowing costs on the horizon, but deflationary pressures still loom.

The U.S. Securities and Exchange Commission (SEC) made history this week, approving the first-ever Bitcoin exchange-traded funds (ETFs) to launch in the US–and setting up the crypto market for a renewed bull run.

The December inflation report came in slightly hot. So what should financial advisors do if it really catches fire?

Roblox's Anime Fighters Simulator, leveling up your fighter takes time. However, utilizing codes can expedite the process, granting boosts, EXP, and tokens for swift progression.

AFK Arena provides 21 active codes for players to redeem. The list includes various rewards such as Awakened Eugene Hero Chests, Common Hero Scrolls, Diamonds, and Rare Soulstones.

Apple TV and Major League Soccer are expanding their collaboration, announcing Thursday that the looming MLS season will be chronicled in a new all-access docuseries similar to the ones that have given fans a deep, different look at golf, auto racing a...

withholding tax provisions in line with the country's overall thrust to simplify the tax structure to make it easier for businesses and reduce disputes. There are several tax deducted at source (TDS) provisions with different thresholds and multiple rates. This has created a TDS maze that leads to frequent disputes as well as the blocking of working capital at businesses. «There is a need to simplify the regime in view of the complexities that have crept in over time,» said a government official, explaining the need for the review. The cleanup of the withholding tax regime could take place in the February 1 interim budget if the review is completed in time. There are about 33 sections in the Income Tax Act dealing with TDS rates that range from 0.1% to 30%. For example, before 2020, fees for technical services (FTS) and fees for professional services (FPS) were subject to 10% TDS.

If one thing in life is certain, it’s that we all have to pay taxes. Therefore, it’s important for cryptocurrency holders and investors to understand everything involved when it comes to crypto and taxes . This is becoming even more critical as digital assets gain mainstream adoption . 

Donald Trump has said that he has already settled on his running mate for the US Presidential Election 2024 if he gets the Republican nomination. But he has refused to name the person. In a televised town hall in Des Moines, Iowa, he said, «Well, I can’t tell you that. I mean, I know who it’s going to be.» Talking to Fox News hosts Bret Baier and Martha MacCallum, he claimed that he has received numerous calls from people eager to work in his potential new administration.

2024 Creta exhibits a more robust appearance in contrast to its predecessor. The outgoing model had a rounded profile, while the new version appears more squared-off. Notable enhancements include fresh LED lighting elements, a lightbar, a redesigned grille, skid plate, and bumper.