Rights Financial News

freebies offered by governments, Finance Minister Nirmala Sitharaman in an interview said that such a promise should be sustainable and prove to be a burden on future generations.

N Jayakumar, MD, Prime Securities, says “large swathes of India are okay that the people who are making more money are paying a little more and in some form or shape through the government is coming back to us. These may be socialistic streaks, but it is also a reality. There is a co-existence of the billionaires along with the looting of shops in San Francisco and in different parts of the US. The same is true in Europe as well. Social unrest is out on streets in many parts of the world and heavens forbid we have anything like that here.” Do you agree that more than the capital gains adjustment, it is the global cues that are going to be dictating to the Indian market as is the case this morning? N Jayakumar: And indeed that should be the case. All said and done, the budgets come and go. The roadmap has been re-emphasised and laid out again. If it means taking a little more from the people who are “making a lot of money,” which is through the markets, it is par for the course. I do not have an issue with that. Growth needs to be inclusive.

The home of the Philadelphia Flyers and the 76ers — well, the Sixers, for now — will soon need a new name

The NBA signed its 11-year media rights deal with Disney, NBC and Amazon Prime Video on Wednesday after saying it was not accepting Warner Bros

A plane has crashed just after taking off from Nepal’s capital, killing 18 people and injuring a pilot who was the lone survivor

Volunteering helps others out, but it also helps the volunteer

Just as the central bank’s last 25-basis point rate cut did little to move the housing market, this one probably won’t either, says Clay Jarvis, Nerdwallet Canada’s mortgage and real estate expert. An overnight rate of 4.5 per cent is unlikely to unleash homebuyers’ pent-up demand, he said.

MonoSwap urged its users on July 24 to withdraw funds immediately following a security breach that compromised its wallets and contracts.

Paris Olympics 2024' opening ceremony is scheduled in a few hours and right before it, the glimpses of the Olympic Village accommodations of the athletes are going viral on the Internet with many athletes giving their followers a room tour of what they would be calling home, until August 11.

Delhi High Court has dismissed a plea filed by two witnesses-turned-accused in a money laundering case allegedly involving former CBI director AP Singh, meat exporter Moin Qureshi and others. It held that ED «rightly» proceeded under the PMLA against the duo.

Parliament House where anyone who lost his way would eventually find the right path, the new one continues to be a bhul-bhulaiya (maze) for many. The issue has become further complicated due to new restrictions on people's movements, with several no-go areas. During this session, a few foreign visitors and outside staff accompanying them lost their way a few times and had to make enquiries. But in the process they got to see some artefacts and wall engravings. New to the job and still familiarising himself to cooperatives ministry's working, junior minister Murlidhar Mohol faced difficulties when some Opposition MPs deviated from the listed question and asked supplementaries about their state. His good equations with some came to his rescue as he said he will get the details and share it with them. A few of them were seen smiling at his predicament. Officials from his ministry were prompt in sending him details through the Rajya Sabha staff. As YSRCP held a demonstration at Jantar Mantar on Wednesday, a small protest nearby created a buzz. Just a few meters away from the YSRCP protest site, a 'tribal protest' was being held by the husband of a lady Shanthi, who claims that YSRCP Rajya Sabha MP V Vijay Sai Reddy is the father of her son. Coincidentally, the husband was demanding a paternity test on Reddy on Wednesday.

Marvel Studios' head Kevin Feige recently dropped a tantalizing hint about the potential return of iconic characters Iron Man and Captain America. With Robert Downey Jr.'s Tony Stark and Chris Evans' Steve Rogers having left an indelible mark on the Marvel Cinematic Universe (MCU), fans have been abuzz with speculation about their possible comeback. Feige’s comments suggest that such a return could indeed be on the cards.

farmers, accompanied by Congress MPs from Haryana and Punjab, met Lok Sabha's Leader of Opposition Rahul Gandhi in Parliament House on Wednesday and expressed unhappiness about the budget not announcing legal guarantee on minimum support price (MSP) for their products.

capital gains tax across asset classes has a positive effect in three areas. One, it lowers arbitrage among asset classes, such as equities, real estate and gold for household savings. Two, it addresses the differential in effective tax rates on labour and capital. And, three, it allows government tax revenue to grow without unduly affecting economic productivity. All these have long-term effects on economic growth and redistribution by influencing behavioural changes towards work, savings and risk-taking. The move also lowers the likelihood of asset price bubbles by encouraging freer capital movement. The markets have, thus, taken the changes announced in the budget in their stride, and the anticipated turbulence was weak and short-lived. Further steps to harmonise the tax treatment of capital gains are likely to be met with less anxiety by investors.

Political Science at the University of Rochester. Speaking to Srijana Mitra Das, he discusses major gaps — and some points of unity — in US politics: Q. What is the core of your research?

industry leaders, aimed to discuss the new government's budgetary plans.

budget proposals to facilitate employment and skilling have boosted sentiment but are likely to translate into sizeable numbers only in the medium to long term, rather than triggering any major turnaround in the job market in the near future, said economists and hiring experts.

After a yearslong saga involving squabbles with the larger ad industry and regulators, Google is ending a plan to eliminate third-party tracking cookies on its Chrome browser. The marketing world is now trying to figure out how such tracking would fare if consumers have more choice to stop it. Four years ago, Google said it would phase out support for third-party cookies, which log the activity of internet users across websites so advertisers can target them with relevant ads and track the effectiveness of those ads.

Madhya Pradesh forest department has refused to provide information under the Right to Information Act on management of cheetahs brought from Africa and their cubs born in India. In response to a request filed by wildlife activist Ajay Dubey, the department cited Section 8(1)(a) of the RTI Act, which allows a public authority to withhold information if its disclosure would prejudicially affect the sovereignty and integrity of India, the security, strategic, scientific, or economic interests of the State, relations with a foreign State, or lead to the incitement of an offence.

With last week’s rumour about the political demise of Finance Minister Chrystia Freeland proven greatly exaggerated, advocates of open banking in Canada can breathe a sigh of relief that this project won’t be derailed by changes to cabinet.

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