Experts Financial News

home loan interest rates by 10-15 basis points in March 2024, resulting in rates ranging from 8.70% to 9.80%. Regardless of the reasons behind these banks’ decision to raise their interest rates, borrowers ultimately face increased expenses as they must allocate more funds towards equated monthly installments (EMIs) or opt for extended loan tenures. Numerous borrowers, eager to clear their debts swiftly, turned to using their savings or investments, such as their Employees’ Provident Fund (EPF) accounts, to repay high-interest loans promptly.

A post-mortem examination of a whale that washed ashore on New Jersey’s Long Beach Island shows the animal sustained numerous blunt force injuries including a fractured skull and vertebrae

For many people, tax season isn’t only about gathering W-2 forms or calling an accountant

Lok Sabha polls, the demand for chartered planes and helicopters has jumped up to 40 per cent, and the operators are expected to net 15-20 per cent more earnings, according to industry experts. The hourly rates for chartered services have also spiked. The charge is about Rs 4.5 -5.25 lakh for an aircraft and around Rs 1.5- 1.7 lakh for a twin engine helicopter, they said. While the demand has surged compared to the normal times and previous election years, there is lesser number of fixed wing aircraft and helicopters available. Some of the operators are looking to take planes and helicopters on wet lease. «There is an increase in demand for helicopters and it is up to 25 per cent more in the election period compared to the normal period. The supply is less compared to the demand,» Rotary Wing Society of India (RWSI) President (Western Region) Captain Uday Gelli told PTI.

India has added a record renewable energy capacity of 18.48 GW in 2023-24, which is over 21 per cent higher than 15.27 GW a year ago, according to the latest data of the Ministry of New & Renewable Energy. However, industry experts said there is a need to add at least 50 GW of renewable energy capacity annually for the next six years to meet the ambitious target of 500 GW of renewables by 2030. According to the data, India's installed renewable energy capacity is 143.64 GW as of March 31, 2024, excluding 47 GW of large hydropower capacity (each plant is more than 25 GW or above). They pointed out that renewable energy capacity stood at around 190 GW, including large hydro projects, and therefore, India needs to add 310 GW in the next six years or at an average of 50 GW per annum.

Amid the euphoria surrounding the forthcoming Bitcoin Halving, Investors in Polygon and Ripple have shown improving optimism despite recent struggles.

Bollywood superstar Salman Khan's residence in Mumbai early Sunday morning, a police official said. The two persons fired four rounds outside the Galaxy Apartments in Bandra area, where the actor resides, at around 5 am, the official said. The local police and the crime branch have started a probe into the incident, he said. A team of forensic science experts also reached the site, the police said.

Iran vowed to retaliate, and did so about two weeks later, starting a broad aerial attack on Israel on Saturday involving hundreds of drones and missiles aimed at targets inside Israel and the territory it controls. Here's a look at Iran's military and its capabilities.

The cryptocurrency market is currently strengthening, with indications that the next price rally is near. Experts are looking at a new crypto token, Algotech (ALGT), that is poised to surpass top altcoins, Cardano (ADA) and Tron (TRX).

Work From Home (WFH) individuals are looking to make the most of it. Can WFH employees avail tax benefits? Tax experts caution that employees opting to work remotely from home often bear the brunt of related expenses, without the ability to claim them come tax time. Determining who qualifies for home office deductions can be a bit nuanced. In general, W-2 wage earner don't come under the category of home office deductions, USA Today reported. For those who are self-employed and utilize a home office exclusively and regularly for their work, there's potential for tax deductions on certain home-related expenses. These deductions can include a portion of costs like mortgage interest, property taxes, homeowners' insurance, and utilities, providing an opportunity to offset some of the expenses associated with maintaining a home office. It's essential to keep thorough records and consult with a tax professional to ensure compliance with relevant tax laws and regulations, as per the USA Today report.

cyber security be any different? AI is fast becoming a digital watchdog. However, it comes in as collaboration — not competition — to human intelligence as companies seek to secure the virtual world. So, unlike several other branches of technology, cyber security professionals aren’t facing job culls. Rather, the demand for them is set to boom as India grapples with a rise in cyber attacks, with a 30% supply gap telling on the industry.

Tripura Chief Minister Manik Saha on Saturday said that he is considering reopening all the political murder cases that occurred during the CPIM’s regime and would seek suggestions from legal experts after the conclusion of the Lok Sabha election. While addressing an election campaign at Santi Para in Agartala on Saturday, Saha said that BJP is a party of Karyakartas, and following the forthcoming election, everyone is working to seek blessings from people for Prime Minister Narendra Modi. “This election is crucial to ful fill the dream of PM’s Vikshit Bharat in 2047. We must ensure to strengthen the hand of PM Modi for the upcoming generation. BJP always takes elections very seriously. We are working to increase the vote percentage as we are confident of our victory. PM Modi is a guarantee as he always works for development. PM Modi always works for the people. India, which was gripped under scams, has come out from such situations since 2014 when Narendra Modi became Prime Minister,” he said.

As a result of following the lead of the cryptocurrency market’s recovery, which has seen Bitcoin and Ethereum reach new all-time highs after plunging for over 18 months, the value of meme currencies has recently skyrocketed.

In the fast-paced world of cryptocurrencies, where the prospect of wealth creation entices investors, recognizing the next big opportunity is crucial to success.In the middle of well-established titans such as Cardano (ADA) and Polygon (MATIC), a newcomer to the scene, Hump (HUMP), is being hailed as a strong contender that could hit $3 during the upcoming bull run of 2024–2025.With an expert track record to back it up and a price of $0.02, Hump is an alluring option for those looking for exponential returns. We explore the elements influencing Hump’s potential in this in-depth research, which explains why it might be a once-in-a-lifetime investment opportunity.

Toncoin (TON) recently experienced a price jump after announcing its collaboration with Telegram. On the other hand, Polkadot price witnessed a bearish momentum amid increased volatility, although experts are optimistic about Polkadot’s (DOT) prospects.

In the ever-shifting cryptoverse, the rumour mill is ablaze with whispers of the next disruptive force destined to reshape how we interact with digital assets.

Last month, the federal government proposed tying rent payments to credit scores, a new way to help Canadians build their credit.

foreign portfolio investors’ (FPIs’) investment in Indian equities jumped to Rs 13,347 crore in April taking the total tally to Rs 24,240 in 2024 so far. After remaining net buyers in March and February, FPIs continued their buying activity in April, too. The net purchases in March stood at Rs 35,098 crore while it was Rs 1,539 crore in the previous month.

Vijay Kedia portfolio: As Q4 results 2024 kickstarted with the announcement of TCS results, retail investors would be busy scanning portfolios of ace investors as it gives them an idea about the direction in which the smart money has flown in the recently ended quarter. For such investors, there is a piece of stock market news. Ace investor Vijay Kedia's name has appeared in the shareholding pattern of the airline company Global Vectra Helicorp Limited.

Artificial Intelligence (AI) in modern processes, including court proceedings, raises complex ethical, legal and practical considerations that demand a thorough examination, Chief Justice of India D Y Chandrachud said on Saturday. The CJI said AI represents the «next frontier of innovation» and its use in court adjudication presents both opportunities and challenges that warrant nuanced deliberation. Justice Chandrachud said while AI presents unprecedented opportunities, it also raises complex challenges, particularly concerning ethics, accountability and bias and addressing these challenges requires a concerted effort from stakeholders worldwide, transcending geographical and institutional boundaries. He was speaking at a two-day conference on technology and dialogue between the Supreme Courts of India and Singapore.

Multibagger stocks to buy: Shares of Tata Power and Adani Power are one of the multibagger stocks that the Indian stock market has delivered in recent years. However, some analysts are still bullish on the fundamentals and technical of these businesses.