Extreme Financial News

₹1 lakh to ₹1.25 lakh are extremely poor substitutes for elimination of this cost indexation benefit, which was quite significant. There would be many cases where cost indexation resulted in no taxable gains or minimal gains, and 20% tax on that would have been negligible. The tax now on the entire gains at the lower rate of 12.5% would be far higher.

PSU debt funds. These schemes have the mandate to invest at least 80% of their corpus in debt investments of banks, public sector undertakings, and public financial institutions.

A federal appeals court is allowing a Biden administration rule aimed at limiting planet-warming pollution from coal-fired power plants to remain in place as legal challenges continue

Mark Spitznagel, founder and chief investment officer of Universa Investments, has a knack for making headlines with his bold market predictions. Known for his contrarian approach, Spitznagel has successfully navigated financial crises since establishing Universa in 2008. Despite the current calm in the markets, he warns of an impending severe downturn, labeling the current situation as the “greatest bubble in human history.”

global IT outage for the last few days has turned out to be the biggest technological crisis in history. The outage has also revealed the excessive dependency on a single company, Microsoft, that has now come into question, after banks, airlines, and various other important administrative services took a major hit. Even police authorities were not able to man their 911 lines and operations in various countries in the West due to the IT outage, begging the question why Microsoft has become the epicenter of all administrative activities.

stock market, advisors have been advising investors to move cautiously. In such a scenario they believe that investing in hybrid mutual funds — schemes that invest in equity and debt — may serve investors, especially new and inexperienced investors, better. Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per the Sebi norms, conservative hybrid schemes must invest 75-90% in debt instruments and 10-25% in stocks. These schemes are ideal for investors looking to invest a small part of their corpus in equity to earn some extra returns. Also Read | These equity mutual funds deliver over 50% return in 9 months

Kate and Leopold, or for darkness and danger, as in Diana Gabaldon’s Outlander series of books. In an outstanding feat of restraint, Kaliane Bradley’s time-travel romance/spy thriller The Ministry of Time uses this trope extremely sparingly—although very effectively—in a few short scenes that don’t belabour the point and only add layers to her characters.

Mini: 60 Years. The Mini raced to the front in competitions as well, winning the Monte Carlo Rally four times from 1964 to 1967. At Turf Tavern, Kevin McMahon, the barkeep and a Mini aficionado, is extremely knowledgeable—and chatty.

India Meteorological Department has issued an orange alert for several districts of Himachal Pradesh, predicting heavy to very heavy rainfall on Monday and Tuesday. The weather department also informed that light to moderate rainfall accompanied by thunderstorms and lightning is likely to occur in various districts of Himachal Pradesh. According to the weather department, the districts where rainfall is predicted include Kangra (Dharmsala, Jaisingpur), Mandi (Sarkaghat, Dharmpur, Slapper, Kotli, Mandi, Sundernagar), Hamirpur (Sujanpur Tihra, Hamirpur), Bilaspur (Swarghat, Bilaspur), Chamba Solan, Shimla, Sirmaur, and Kullu.

bullet for democracy," former US President Donald Trump said on Saturday, addressing a first rally after he was shot in the ear during an assassination attempt on his life last week, The Hill reported. Trump returned to the campaign trail in Michigan's Grand Rapids, days after accepting the Republican nomination for president at the Republican National Convention. «I don't want to know anything about it. But what they do is misinformation and disinformation, and they keep saying he's a threat to democracy,» Trump continued, referring to Democrats. 'I'm saying, 'What the hell did I do for democracy? Last week, I took a bullet for democracy," Trump said.

Mumbai and its suburbs experienced intermittent heavy rainfall on Saturday, causing waterlogging in several areas. However, local train services continued to operate normally, according to the latest updates from Western Railway and Central Railway. According to the India Meteorological Department (IMD), Mumbai received 91 mm of rainfall in the 24-hour period ending at 8 AM on Saturday, while its eastern and western suburbs recorded 87 mm and 93 mm of rainfall, respectively. The IMD has predicted moderate to heavy rainfall for Mumbai and Pune y in the coming days.

Shoko Miyata, the 19-year-old captain of the Japan women’s artistic gymnastics team, has withdrawn from the squad for the Paris Games after violating the team’s code of conduct by smoking, the Japanese Gymnastics Association said on Friday.

Bollywood actor advised practising intermittent fasting, thoroughly chewing food 45-60 times and having the last meal at 6:45 PM. He also asked to have cooked food only after 3 PM.The actor has emphasised the importance of taking early morning walks, getting deep sleep early, avoiding screens 90 minutes before bed and drinking plenty of fluids.

R Madhavan has left everyone scratching their heads (and probably their bellies) with his latest fitness revelation. The man who went from a chubby director to a lean, mean acting machine in just 21 days swears by a diet plan that’s as simple as it is surprising. Forget the grueling gym sessions and endless runs; Madhavan's secret weapon is chewing. Yes, you read that right. The actor claims he chewed each bite of food 45-60 times! And then there’s the intermittent fasting, early nights, and plenty of green veggies, the actor revealed his secrets in an interview with the Curly Tales. After gaining weight for his directorial debut, «Rocketry: The Nambi Effect,» Madhavan shared his remarkable journey of shedding those extra pounds in just 21 days without intense workouts or running.

Mint. These reforms are being considered with the prime aim of bringing more foreign capital to the sector as only a few investors have taken advantage of the government’s decision in 2021 to increase the foreign direct investment limit in insurance companies from 49% to 74%. Earlier this year, Switzerland-based Zurich Insurance Group Ltd announcing plans to acquire a 70% stake in Kotak Mahindra General Insurance Co.

William J. Stellmach, former head of the US Department of Justice's Fraud Section who now works at New York-headquartered law firm Willkie Farr & Gallagher LLP. He is a partner at the firm's Washington office and leads its global investigations practice, often advising and defending companies featured in short seller reports.

TORONTO — Canadian homeowners are increasingly adding flood coverage to their insurance policies as extreme weather events become more common, according to the Insurance Bureau of Canada.

A grand experiment is underway in Nevada where an endangered desert wildflower stands in the way of a mining company's plans to dig for lithium to help speed production of batteries for electric cars and other green energy projects

Weddings, bachelor/ette parties, milestone birthdays, baby showers, and graduations. All important milestones that we all want our family and friends to share in; but they would rather not.

Massive flooding that hit the Greater Toronto Area on Tuesday was a “significant event,” underscoring the need to step up Canada’s fight against climate change, Prime Minister Justin Trudeau said.