Extreme Financial News
23.01 / 14:47
markets
Extreme
economy
wellness
Trade
show
reports
economic data
Oil prices retreat on supply concerns; central banks, economic data in focus
Investing.com — Oil prices fell Tuesday, handing back early gains as worries over rising supply countered continued Middle East tensions.
23.01 / 10:57
Citi
Extreme
economy
Align
Metro
President
Diversity
Budget 2024 expectations: Perks for first-time homebuyers, tax sops, industry status top real estate players' wish list
NAREDCO Maharashtra, emphasised the real estate industry's anticipation of transformative changes in the upcoming Budget 2024-25. He highlighted the sector's pivotal role in the economy and its significant employment contribution. Acknowledging past reforms, Runwal called for an increase in the interest rate deduction cap to ₹5 lakh and a redefinition of affordable housing, particularly in metro cities.
23.01 / 10:51
Provident
Digital
Extreme
CEO
Strategy
Experts
innovations
Julius Baer, Euroclear and DIFC to address challenges around crypto inheritance
The project will bring together innovators, investors, and subject matter experts from across the wealth management value chain to explore how families can best use technology to manage rapidly expanding portfolios of tokenised and digital assets.It is estimated that $1 trillion in assets will be transferred to the next generation in the Middle East over the coming decade. However, only 24% of High-Net-Worth Individuals have a full estate plan in place.
23.01 / 09:39
markets
Provident
Digital
Extreme
Deloitte
wellness
Schools
Steps to make new tax regime more attractive; clear and concise capital gains tax regime expected: Tapati Ghose, Deloitte
Tapati Ghose, Partner, Deloitte, says “we could expect amendments towards simplification of tax, ease of compliance, and a review of Chapter VI A. As regards simplification of taxes, additional steps to make the new tax regime more attractive with further widening of the slabs and reduction of some of the tax rates could be on the cards.”
23.01 / 06:41
UPS
Provident
BLOCK
Progressive
Extreme
security
cover
New Tax Regime: Should one continue to invest in tax saving instruments such as PF, PPF, LIC?
Union Budget 2020-21 which provided for lower tax rates for individuals compared to tax rates under the old tax regime. However, it comes with the condition that a taxpayer has to forego several deductions and rebates available under the old tax regime. An individual has an option to choose either old tax regime or new tax regime for each financial year.
22.01 / 21:17
Extreme
CEO
awards
Forbes
cover
reports
Features
Corporate leaders risk failure if their own data dashboards start lying to them
Yes Bank, Ranbaxy and Theranos? You would have probably guessed that each of these once-lauded companies was involved in a major scam, causing an incalculable erosion of wealth, reputation, shareholder value, and, in some cases, worse. There is a more disturbing commonality among these fraudulent companies. All of them had been awarded prestigious accolades.
22.01 / 20:45
UPS
Waters
Extreme
Death
social
pop
reports
Frost quakes hit Chicago. Know what is it?
weather phenomenon known as frost quakes as frigid temperatures griped the area. These occurrences produce distinctive loud booming or popping sounds and trigger minor earthquake-like tremors due to the impact of extremely cold conditions, as per a report. Trent Ford, the state climatologist for Illinois, noted the absence of a formal reporting system for frost quakes, a phenomenon resulting from the rapid freezing of the ground. Despite the lack of an official mechanism, Ford has come across reports of these events through social media channels. Additionally, he personally encountered some instances of frost quakes, scientifically referred to as cryoseism, in the past, CNN reported.
22.01 / 19:33
markets
Extreme
Action
economy
Sustainability
country
consequences
reserves
Raghuram Rajan calls upon EMs to build forex reserves
Emerging-market authorities must take action to protect their economies against spillovers from “populist and extreme" macroeconomic policies in the industrialized world, former Reserve Bank of India (RBI) governor Raghuram Rajan said in an interview about his new book. This means building buffers like foreign-exchange reserves. Edited excerpts: Monetary policy is a blunt tool, as many have recognized.
22.01 / 16:23
markets
Provident
Twitter
FIVE
Extreme
Tesla
Research
elon
Elon Musk expects 1 billion humanoid robots by 2040s
Tesla boss and billionaire entrepreneur Elon Musk has supported the prediction that there will be about one billion humanoid robots on Earth in two decades. He took to X, formerly Twitter, to back the prediction made by David Holz, the founder of Artificial Intelligence (AI) research lab Midjourney. Holz said in a post last week that «we should be expecting a billion humanoid robots on earth in the 2040s and a hundred billion (mostly alien) robots throughout the solar system in the 2060s.» Replying to this, Musk wrote in a post, «Probably something like that, provided the foundations of civilization are stable.»
22.01 / 14:49
Provident
Extreme
security
Equality
International
Special forces of India, Kyrgyzstan begin 13-day counter-terror exercise
Special forces of India and Kyrgyzstan on Monday kick-started a 13-day exercise in Himachal Pradesh's Bakloh with a focus on combating terrorism and extremism. It is the 11th edition of India-Kyrgyzstan annual 'Khanjar' exercise.
22.01 / 10:13
FIVE
Extreme
wellness
country
travelers
"After Pran Partishtha of Lord Ram, festival of lights has begun": Swami Govind Dev Giri
Pran Pratishtha of Ram Lalla at the Shri Ram Janmbhoomi Temple, Ayodhya, Swami Govind Dev Giri, treasurer of the Shri Ram Janmabhoomi Teerth Kshetra Trust said that after the Pran Partishtha of Ram Lalla, festival of lights has begun.
22.01 / 09:13
Cooper
Extreme
CEO
Action
Entertainment
Sony
reports
Sony demands $90 mn from Zee after terminating deal
snapping its agreement and seeking $90 million in termination fees. In response to the merger termination notice, Zee has refuted Sony's breach claims and the demanded termination fee, and is planning legal actions to protect its stakeholders' interests.
22.01 / 07:15
Provident
Extreme
Entertainment
CME
Enterprise
Sony
end
NOT
Extremely disappointed that merger closing conditions were not satisfied by end date: Sony
Zee Entertainment Enterprises Limited (ZEEL) terminating the agreement dated December 22, 2021, to merge ZEEL and CME.
21.01 / 17:47
21.01 / 10:17
UPS
Citi
Extreme
wellness
Celebrity
hymn
Nepal: Devotees offer prayers at Maa Janaki Mandir ahead of 'Pran Pratishtha'
Janaki Mandir in Nepal's Janakpur ahead of the Pran Pratishtha ceremony at Ram temple in Ayodhya on Sunday. Meanwhile, devotees from Nepal have also reached Ayodhya to witness the historic Pran Pratishtha Ceremony of Shree Ram Lalla. The ceremony will take place on January 22.
20.01 / 22:31
Extreme
Fox
BAY
love
Packers vs 49ers playoffs live streaming, weather forecast, start time: Where to watch Green Bay Packers vs San Francisco 49ers?
weather forecast for the game. The weather forecast for Santa Clara, California, this evening predicts continuous rain throughout the afternoon and evening, with an 80 percent chance of rain during kickoff.
20.01 / 19:03
UPS
Extreme
Career
rights
Interviews
Prannoy mentally very strong, I see him as dark horse at Olympics: Denmark's head coach
HS Prannoy is enjoying the best phase of his career and would be one of the dark horses at the Paris Olympics, reckons Denmark's head coach Kenneth Jonassen. Prannoy had a phenomenal season in 2023, winning a maiden bronze medal at the Asian Games and World Championships, and also sealed his first super 500 title at the Malaysia Masters besides finishing runner-up at Australia Open. Jonassen, who has coached the likes of world no.
20.01 / 16:29
Extreme
Platform
Entertainment
Netflix
Trade
Courts
rights
Killer Jeans maker files trademark infringement lawsuit against Netflix for web series ‘Killer Soup’
₹10 crore as token for damages. “Kewal Kiran Clothing Limited, the makers of “KILLER JEANS" have filed a suit before the Bombay High Court against the makers of the web series “KILLER SOUP" for infringing their Trade Mark “KILLER".
20.01 / 16:29
markets
Extreme
wellness
country
reports
International
Weekly
Oil scores weekly gain as Middle East crisis offsets China demand concerns; Brent settles lower at $78/bbl
Also Read: ‘Oil markets well supplied’, says IEA as it raises 2024 global demand forecast; projects lower than OPEC The premium of the first-month Brent contract to the six-month contract rose to as much as $2.15 a barrel on Friday, the highest since November. This structure, called backwardation, indicates a perception of tighter supply for prompt delivery. Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a February 16 expiry, settled 0.28 per cent higher at ₹6,045 per bbl, having swung between ₹6,084 and ₹6,213 per bbl during the session, against a previous close of ₹6,106 per barrel.
20.01 / 02:33
markets
Extreme
economy
wellness
country
International
Weekly
Oil drops slightly on China demand concerns but records weekly gain
oil output offset concerns about the Chinese and global economies. Brent futures settled 54 cents lower at $78.56 a barrel. U.S.
19.01 / 17:53
Provident
Extreme
Action
wellness
country
recommendations
To gain on the loss & damage front
Loss and Damage Fund (LDF) at COP28 has fulfilled a long-standing demand of developing countries. Many countries announced their contributions to the fund, cumulatively amounting to about $700 million. The term 'loss and damage' refers to: Stretched limits Impacts that go beyond the limits of adaptation and mitigation efforts, such as economic losses (damage to infrastructure and productive systems) and non-economic losses (loss of lives, livelihoods, cultural heritage and biodiversity). Slow and furious Slow-onset events like sea-level rise and ocean acidification, as well as extreme weather events like floods, droughts and storms. The decision to create LDF was taken at COP27 at Sharm el-Sheikh, Egypt.
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