Strategy Financial News

Financial advisors with Savant Wealth Management are gaining additional capabilities to provide professional 401(k) management for their clients.

Home Minister Amit Shah on Friday reviewed the security situation in Naxal-affected states where violent incidents have come down by 77 per cent in 2022 in comparison to the high of 2010, officials said. The review meeting was attended by the chief ministers of Maharashtra, Andhra Pradesh and Jharkhand. Maharashtra Deputy Chief Minister Devendra Fadnavis also attended the meeting where Odisha, Bihar, Madhya Pradesh and Chhattisgarh were represented by state ministers.

The small-cap rally has evoked both hopes and fears among investors. While several funds have given very high returns in the last 3 years, analysts believe an abrupt correction in the small-cap segment is around the corner. Small Cap segment generally falls first whenever there is a market downturn.

Finnish airline Finnair said on Friday it planned to raise up to 600 million euros ($632 million) in a rights issue to shore up its finances and allow it to resume dividend payments from 2025.

₹1.50 lakh . According to money experts, investing in ELSS funds in a lump sum can be a mistake as these are equity investments, and the market conditions at the time of your lump sum investment will have a significant impact on your returns.

Retail space leasing is currently experiencing a notable surge driven by positive sentiments and promising trends. With a robust supply pipeline, influx of international brands in various categories, and the upcoming festive season, the retail sector seems buoyant. Besides, the resurgence of consumer sentiment, an increase in consumption appetite, and the widespread adoption of omnichannel strategies by retailers are likely to further propel the growth graph.

WhiteOak Capital Mutual Fund has launched the ‘‘WhiteOak Capital Balanced Hybrid Fund’, which is an open-ended balanced scheme investing in equity and debt instruments. The New Fund Offer (NFO) opened from today (October 5, 2023) and will remain open till October 19, 2023. 

The global minimum tax is arguably the most important topic in the much talked-about international tax reform, with implications for both developed and developing countries. While taxing the digital economy has taken the limelight in the headlines, the global minimum tax has the potential to have a significant impact, especially on developing nations.

In recent years, India has been struggling with a steep surge in cyberattacks, as per CERT-In, a governmental body entrusted with safeguarding the nation’s cyberspace. In 2020, the agency recorded a staggering 11.58 lakh cyberattacks, a figure that surged to 14.02 lakhs in 2021, only to slightly dip to 13.91 lakhs in 2022.

When you sell mutual fund units, you have to pay tax on the profit. This profit is known as capital gains and the tax paid on such profit is known as capital gains tax. For example, if you purchase mutual fund units for Rs 5000 and sell at Rs 6000, you will have to pay tax on the gain of Rs 1000. However, the rate at which this capital gains tax is levied depends on the period of holding and the type of the fund.

Santos must provide written statements by November 24 on the key evidence and assumptions behind its emissions reduction targets as part of preparations for a landmark court case over allegations of greenwashing, likely to take place next year.

HT, the revised Grap, which is typically phased in from October 1 each year, has not been implemented in the National Capital Region (NCR) yet. This is because Delhi's air quality index (AQI) has remained below the critical threshold of 201.

Netflix will debut an interactive 'Squid Game: The Trials' experience in Los Angeles. It will feature live competitive games, a «Night Market» offering Korean cuisine, beverages, a Squid Game store, and photo opportunities. Chef Katianna Hong from the restaurant YANGBAN will curate the food and drinks. The experience will open on December 6 at the Television City complex, with ticket sales starting on October 11. Tickets will be available from $39, and the experience will run from Wednesdays to Sundays. Netflix aims to build fan engagement through immersive experiences, and it has previously launched similar events based on popular shows like Bridgerton, Stranger Things, and Money Heist in cities, such as New York and Los Angeles. Additionally, earlier this year, Netflix introduced the Netflix Bites pop-up restaurant in L.A., featuring cuisine from its featured chefs. At the 'Squid Game: The Trials' experience, participants will encounter the «Front Man,» the series' masked antagonist, and undertake six progressively challenging tasks, earning points as they progress. The ultimate victor will need nerves of steel, strategic thinking, and a bit of luck. In an announcement by Josh Simon, Netflix's VP of consumer products, the company emphasized its commitment to live immersive experiences as part of its strategy to cultivate dedicated followings for its flagship franchises. Netflix has also extended its physical presence with a store at The Grove, where it sells merchandise inspired by its content.

A handful of asset managers have been pulling the plug on ESG-themed funds they launched several years ago — a result they all but certainly knew was coming, as not every attempt to get a slice of that booming market was going to work.

Billionaire investor Ken Griffin's flagship hedge fund rallied last month when the broader market was rattled by tight monetary policy as well as rising recession fears, according to a person familiar with the returns.

Two teams that collectively managed about $1.7 billion in client assets at Bernstein Private Wealth Management are joining UBS, the firm announced Thursday.

A team of advisors who oversaw roughly $150 million in client assets at Securities America, a unit of Osaic, joined LPL Financial’s broker-dealer, RIA and custodial platforms,the firm announced Thursday.

Donald Trump's legal problems may be a headache for the former president, but they are proving a boon to MSNBC

NEW DELHI : India’s ₹6,000-crore quantum mission, announced in April this year, will be put in motion “very soon", with the Department of Science and Technology (DST) putting “an appropriate structure for it in place", said Ajay Kumar Sood, principal scientific advisor (PSA) to the Centre. He also said his office is also involved in “making the framework of the mission, and running it." Sood was speaking at industry body Assocham’s Quantum Technology Conclave. The mission, and all the development work around it, will be “crucial in geopolitical strategies," Sood said.

Treasury yields fell and the yield curve steepened on Thursday ahead of a much-anticipated jobs report on Friday which will be watched for new clues on whether the economy is strong enough for the Federal Reserve to keep hiking interest rates. Longer-dated yields have surged to 16-year highs as investors adjust for the likelihood that the U.S. central bank will hold rates higher for longer, and potentially raise them again as the labor market remains solid and inflation stays above the Fed’s 2% annual target. “The market is conceding that the Fed not only will be more likely to hike again before the end of the year, but also the likelihood of them cutting any time for the foreseeable future is very low,” said Ian Lyngen, head of U.S.

Warner Bros. Discovery's international division, issued a memo to the company's staff today outlining the new global leadership structure. Following the recent departure of France division head Pierre Branco, Warner Bros.