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interim budget 2024 before the Lok Sabha elections later this year. Over the last few years, capital gains taxation is one aspect of individual taxation which needed some reform. While some changes have been made over the years, the structure is still pretty complex and difficult to comply with for a layperson.

markets as Nifty formed a strong bearish engulfing candlestick on the daily charts. This correction is on the expected lines as Nifty was at significantly higher levels than its 50-day mean price. In addition, the uncertainty around the corporate earrings may also play a role in the future movement of the market. However, these dips also offer a good opportunity and two stocks have formed a strong setup on the charts for further rally, giving a good risk-reward ratio.

North Korea-sponsored hacking syndicate Lazarus Group has transferred $1.2 million worth of cryptocurrency from a mixer, marking their largest transaction in over a month.

The birdie game plan: Much like strategizing for a birdie (using one stroke less than the declared par of the course), successful investment planning requires a clear, long-term vision. In golf, you wouldn’t aim for the flag without considering the wind direction, the lie of the land, or the hazards that lie in between. Similarly, when crafting an investment strategy, it’s essential to assess your long-term goals, risk tolerance, and the economic landscape.

BENGALURU , NEW DELHI : Top leaders of Ola Electric and Firstcry stand to make a windfall in their companies’ upcoming public listing, an analysis of their draft red herring prospectus (DRHP) by Mint showed. The top 10 executives of Bhavish Aggarwal-led e-scooter manufacturer Ola Electric are sitting on a potential cash value of ₹16,792 crore, of which Aggarwal’s stake alone is worth a little more than ₹16,000 crore. The rest of the executives were granted stock options over the years, through the company’s employee stock ownership plan (Esop) policy.

Despite the early negative sentiment among analysts, 2023 was a year of strong gains.

Millions of Americans are finding it harder to save while adding to their debt burden with increased credit card usage.

Investing in a piece of property is a significant financial decision, and contemplating a second home loan demands careful analysis. While the prospect of owning a second home might seem appealing, several crucial factors must be considered before taking this step.

Brent crude slipped 0.93%, or 73 cents, to $78.03 a barrel by 0753 GMT after falling more than 1% earlier in the session, while U.S. West Texas Intermediate crude futures shed 1.04%, or 77 cents, to $73.04 a barrel. «Saudi Aramco slashing its February OSPs bolsters the weak demand narrative,» said Vandana Hari, founder of oil market analysis provider Vanda Insights. Rising supply and competition with rival producers prompted Saudi Arabia on Sunday to cut the February official selling price (OSP) of its flagship Arab Light crude to Asia to the lowest level in 27 months. «If we were just to focus on the fundamentals including, higher inventories, higher OPEC/non-OPEC production, and a lower-than-expected Saudi OSP, it would be impossible to be anything other than bearish crude oil,» IG analyst Tony Sycamore said. «However, that doesn't take into account the fact that geopolitical tensions in the Middle East are undeniably rising again which will mean limited downside.» Both contracts climbed more than 2% in the first week of 2024 after investors returned from holidays to focus on geopolitical risk in the Middle East following attacks by Yemeni Houthis on ships in the Red Sea. U.S.

This month’s official report of US fourth-quarter economic activity, scheduled for release on Jan. 25, will likely confirm that output expanded at a moderate pace, according to a set of nowcasts compiled by CapitalSpectator.com.

Generative AI (GenAI) is likely to assume 30% of traditional marketing's mundane tasks by 2027 in the Asia-Pacific region excluding Japan, suggests a new report from IDC. GenAI will take over jobs like SEO, content and website optimisation, customer data analysis, segmentation, lead scoring, and hyper-personalisation, according to the report.

Canadians feeling like they weren’t as productive as they could’ve been in 2023 can take solace. Neither was Canada’s economy.

Buy or sell stocks: Despite cautious sentiments in the global market, the Indian stock market ended higher for the second straight session on Friday. Nifty 50 index added 52 points and closed at the 21,710 level, and BSE Sensex regained the 72,000 mark by adding 178 points in the last session of the week gone by. However, the Bank Nifty index went off 36 points and finished at 48,159 level.

Taiwan's defence ministry accused China on Saturday of threatening aviation safety and waging psychological warfare on the island's people with a recent spate of balloons spotted near or over the island, days before key Taiwanese elections. The potential for China to use balloons for spying became a global issue in February when the United States shot down what it said was a Chinese surveillance balloon. China said the balloon was a civilian craft that accidentally drifted astray. Taiwan is on high alert for Chinese military and political activity ahead of the Jan.

The absence of the traditional Santa Claus rally, a period typically marked by positive market trends during the last five days of December and the first two days of January, has raised concerns among investors.

In the ever-evolving world of cryptocurrencies, Bitcoin (BTC/USD) stands out, marking significant strides in the global financial scene. As of January 5th, Bitcoin’s recovery is evident with its price soaring to an impressive $44,900, a notable 2.5% increase in just 24 hours.

mutual fund (MF) industry, shows an analysis of the quarterly AUM for the past six years, Business Standard reported. These fund houses had an average AUM of ~38.8 trillion in the third quarter (Q3) of 2023-24, which is 79 per cent of the total industry AUM of ~49.2 trillion. The share has come down steadily since Q3 of 2019-2020, when the share stood at 84 per cent.

Stock Trader's Almanac analysts noted today that despite last year's significant rally in the stock market, the anticipated Santa Claus Rally has failed to materialize this year.

Radiant Capital has announced the reopening of its lending and borrowing markets on Arbitrum after an extensive security review.

growth in the manufacturing and services sectors, the United Nations has said. The UN World Economic Situation and Prospects (WESP) 2024 report, launched here on Thursday, said that gross domestic product in South Asia is projected to increase by 5.2 per cent in 2024, driven by a robust expansion in India, which remains the fastest-growing large economy in the world.

Quebec restaurants say they are reeling over last-minute New Year’s Eve cancellations and no-shows.