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Cryptocurrencies BLP, PEPE, and BONK are catching investors’ attention as they show signs of recovery ahead of others. Observers are closely watching these tokens to see if this uptick signals a sustainable upturn or is merely a fleeting surge. With the bull run of 2024 already making waves, the significance of these movements is under scrutiny. Readers are eager to understand the potential for a lasting rally in these alternative coins.

Indian stock market: The Nifty index is showing signs of near-term bearishness as it forms a double top pattern on the daily chart, coupled with a bearish engulfing candle. This suggests a sell-on-rise approach in the market. Confirmation of the double top pattern would require follow-up selling in the upcoming week.

investment (FDI) in the space sector will help attract foreign players as well as startups and will boost demand for high-tech jobs, experts say. The government has eased FDI norms in the sector by allowing 100 per cent overseas investment in making components for satellites, as part of efforts to attract overseas players and private companies into the segment. The provisions were notified last month. Sreeram Ananthasayanam, Partner, Deloitte India, said that the recent amendment of higher FDI limits in the space sector is a significant step towards transforming India's space program, in terms of infrastructure development.

Stock Market News: The domestic benchmark indices, the Sensex and Nifty 50 plunged dramatically down on Friday, May 3, as profit taking across sectors prevented them from holding the gains seen in early trade. On Friday, the 30-share BSE Sensex closed at 73,878.15 level, down 732.96 points, or 0.98%.

Warren Buffet's Berkshire Hathaway Q1 operating profit rises 39% to $11.22 billion, net income drops 64% YoY Let's take a look at the five key highlights from Warren Buffett’s Berkshire Hathaway annual meeting Giving rest to speculations, Warren Buffett said Greg Abel, 61, who will be taking over the CEO job at Berkshire Hathaway, will control Berkshire Hathaway’s investing decisions, including its stock portfolio, after him. “I think the responsibility ought to be entirely with Greg.

arrests of three suspected hitmen accused of killing a B.C. Sikh leader highlight an emerging security problem: foreign intelligence services are contracting their dirty work to the criminal underworld.Governments are increasingly accused of trying to silence and kill opponents outside their borders, and they are relying more and more on crime groups to do so, officials and experts told Global News.“Some states leverage criminal organizations to advance their objectives,” said Eric Balsam, a Canadian Security Intelligence Service spokesperson.“The use of criminal elements can permit plausible deniability and generate resources to advance threat activities.”Iran’s intelligence service was recently accused of hiring Canadian Hell’s Angels to kill dissidents in the United States.

In the January-to-March quarter, Amazon’s cloud computing arm Amazon Web Services, Microsoft’s Azure and Google Cloud grew at 17%, 31% and 28%, respectively, the companies reported. Analysts said this was a sign that AI is contributing to the growth and that overall cloud spending is also accelerating, Reuters reported. On the other hand, Meta CEO Mark Zuckerberg in its earnings call emphasised the company’s longterm investment in AI, which led to its shares sinking by 19% on Wednesday, wiping out over $200 billion in market capitalisation. US NEWSPAPERS SUE MICROSOFT, OPE

ALSO READ: 'What Maxwell can do, Kohli cannot': Gautam Gambhir speaks on RCB batter's strike-rate controversy "Commentators questioned only when the strike rate was 118. I'm not too sure. I don't watch too many matches, so I don't know what the other commentators have said otherwise.

₹1,156 crore worth of Indian equities and the total outflow stands at ₹771 crore as of May 3, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL) data. The total debt outflows stand at ₹1,727 crore so far this month. MORE TO COME FPIs offloaded ₹8,671 crore in Indian equities last month and ₹10,949 crore in debt markets over high US bond yields.

BEFE Coin is very quickly becoming a very promising opportunity in the world of cryptocurrency. Especially, when it comes to the meme coins, it has cemented its place in the market. According to the Crypto experts, the BEFE coin is set to achieve massive returns in the near future and investing in it now can be one of the most amazing decisions you would take right now.   

Health Insurance for senior citizens: The recent amendments by the Insurance Regulatory and Development Authority of India (IRDAI) regarding health insurance rules are set to benefit senior citizens significantly. By removing the age ceiling of 65 years for purchasing health insurance, IRDAI has expanded access to health insurance products for individuals of various age groups. Previously, seniors above 65 years could still buy health coverage, but options were limited in the market.

I own two houses. Both are taken on housing loans. I stay in the first house, and my parents remain in the second house. Can I take tax benefits for both properties? Can I also avail of the tax benefit for stamp duty and registration charges paid for the second property purchased in March 2024? I have already availed the first house's stamp duty and registration benefits. There is no restriction on the number of houses a person can own under the provisions of the Income Tax Act.

sovereign gold bonds (SGBs) are due for early withdrawal in May. You can prematurely withdraw your sovereign gold bond investment once it completes the fifth year. As gold prices continue to rise above Rs 71,000 per 10 grams, investors can expect attractive returns from their sovereign gold bond investments. How much tax will you have to pay if you withdraw prematurely? Should you withdraw your sovereign gold bond prematurely? ET Wealth Online explains the nitty-gritty of premature withdrawal of sovereign gold bonds and the key aspects an investor must consider before going for it.

Stock market outlook: After climbing to a new peak in the week gone by, frontline indices of the Indian stock market failed to sustain at higher levels, and they witnessed heavy correction immediately after touching the new peaks. This might have put doubts into the minds of stock investors about whether the Indian stock market has topped out and whether bears are ready to take centre stage in the subsequent few sessions. According to stock market experts, in the post-COVID period, Indian markets are witnessing three bull and bear markets.

₹1 lakh to ₹10,000, experts believe that bonds have become a more attractive investment tool for retail investors. SEBI's move has made bonds easily accessible to retail investors, and at this time, when interest rate reversal is expected in the markets, experts say Indian retail investors should look towards bond investments along with their equity build-up.

RSS in Madhya Pradesh, Congress' Digvijaya Singh is leaving no stone unturned to complete the uphill task of winning this seat. He is facing a twin challenge — Prime Minister Narendra Modi's popularity and the organisational strength of BJP and RSS. Anti-incumbency against MP Rodmal Nagar, who is seeking a third consecutive term, may work in his favour. Rajgarh is an issue of prestige for BJP as the saffron party's ideological parent has a presence across the district including its small villages. Senior sangh functionary Suresh Soni, who played an instrumental role in naming the then Gujarat CM Modi as the BJP's prime ministerial candidate in the runup to the 2014 elections, hails from Rajgarh.

Customer is king Shiv Sena MLA Sandipan Bhumre has always been targeted by his rivals for running liquor stores. But Bhumre, Chhatrapati Sambhaji Nagar's Lok Sabha candidate, has no qualms about it. While delivering a speech in his constituency this week, a drunk person created a stir. Bhumre, however, asked his party workers not to harm the person and said «he is our customer», much to the amusement of the audience. Bhumre laughed and added: «Why lie? We have a lot of customers everywhere.» Laughing it out In Kagal, one of the speakers campaigning for Shiv Sena's Sanjay Mandlik was trying to tell the crowd that Congress' Rahul Gandhi was no match for Prime Minister Narendra Modi and asked who should lead the country. Since BJP and Sena supporters were expected to say Modi, the crowd was stunned when a youth near the stage said Rahul. Whether it was a gaffe or deliberate, it led to laughter not just from the audience, but even from those on the stage.

BJP is working hard and will win all 11 Lok Sabha seats in Chhattisgarh, sayschief minister Vishnu Deo Sai. In a conversation with ET in Korba, he says his government is examining all Congress schemes and may discontinue some and why Naxal attacks and encounters have increased since BJP assumed power. Excerpts: On prospects in LS polls We are considering all 11 seats as tough and working hard everywhere. We will win all 11 seats.

Invictus Games, which was initially set up by Prince Harry in 2014, claiming the event has “lost its original meaning", several reports suggested. The games were supposed to a route help support wounded, injured and sick service personnel and veterans.

A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer.  Sign up  to receive future editions, straight to your inbox.

reported Business Line. Over 5.92 lakh returns were filed by April 29. Out of these, over 5.38 lakh had been verified and 3.67 lakh verified returns were processed.