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If you’re one of the millions of Canadians who worked from home during 2023, either full time or on a hybrid-work arrangement, you’ll need to take some extra time this tax filing season if you want to claim a deduction for your home-office expenses. That’s because the “simplified method” of claiming home-office expenses is no longer available for the 2023 tax year.

By Manya Saini and Niket Nishant

Stocks are hanging near their record heights

The average long-term U.S. mortgage rate edged higher this week, reflecting a recent uptick in the 10-year Treasury yield

It seems central bankers can’t keep the United States economy down — despite a 23-year high in the world’s most important interest rate, the U.S. Fed funds rate.

Authorities say 10 cars of a cargo train carrying plastic pellets and cooking oil derailed in upstate New York, with two ending up in a river

By Huw Jones

₹800 crore in cash from previous fundraising rounds. It added that its online business was operating-margin positive and on track to achieve Ebitda profitability by the end of FY25.

Champion Formula One driver Lewis Hamilton is parting ways with the Mercedes-Benz team after 11 years and will join Ferrari in 2025, according to statements released Thursday by both teams.

SoftBank Group splashed out billions on startups at near-peak valuations without batting an eye. Now founder Masayoshi Son's tech powerhouse is relying on a new weapon as it searches for the next big thing in AI: caution. The strategy marks a vast turnaround for a company that completely transformed the world of tech investing with its high-conviction bets on startups at an unheard of scale.

By Ahmad Ghaddar

crash on Thursday, Nifty50 has risen significantly in the recent past. New records are made only to be breached within a few weeks, if not days. Emkay Institutional Equities predicted Nifty50 to climb 11 per cent and touch 24,000 by December 2024.

NEW DELHI : The ruling National Democratic Alliance (NDA) government and the opposition Congress party locked horns on Thursday, over a paper tabled in the Lok Sabha by finance minister Nirmala Sitharaman accusing the previous United Progressive Alliance regime of undermining the country’s macroeconomic fundamentals, and the Congress hitting back at the government citing price rice and unemployment. The debate over the economic track record before and after 2014 highlighted major shocks that India’s economy underwent under both regimes, how the respective governments dealt with them, the effectiveness of the fiscal stimulus, given as well as the persisting issues of price rice and job creation not being commensurate with the demand from a large working age population.

There was a sixfold jump in managing director level movement in legal and compliance functions in the financial services sector in the past one year, according to data from executive search firm Native.

RBI deputy governor Swaminathan J countered the popular notion that a small entity like an Urban cooperative Bank (UCB) is not systemically important and underscored the importance of governance standards among others to strengthen them. “Some may argue that UCBs are not systemically important in view of their size and turnover” RBI deputy governor Swaminathan J.” However, if we consider the inter-connectedness that binds the entire spectrum of financial entities, it becomes evident that any vulnerable link has the potential to erode public trust and confidence” Mr Swaminathan J said in his speech titled “ Urban Co-operative Banks: Upholding Governance and Professionalism with Capacity Buidling and Technology Upgradation” delivered to the South based UCBs at Hyderabad last week. In an increasingly interwoven financial landscape, the ripples of even an apparently small disturbance can resonate far beyond its initial impact, said citing that the failure in 2001 of a Gujarat based UCB and more recently in 2019 to a Mumbai based UCB attest to the contagion risks posed by even relatively smaller banks. UCBs form a critical layer of the financial system of the country. Despite the sector's consistent 3-4% presence in the overall banking business, its significance should not be underestimated, he said.

By Abhijith Ganapavaram and Valerie Insinna

Mindspace Business Parks REIT has leased office spaces spread over 4.5 lakh sq ft in the quarter ended December, taking its cumulative leasing for the nine months of the current financial year to 1.6 million sq ft. The REIT has witnessed a robust trend of expansionary demand with over 80% of the new and pre-leasing by existing occupiers across various sectors. Of the total fresh leases, it has re-leased 4 lakh sq ft office space at a 17.1% higher rent during the quarter.

unclaimed investments, we will look into the use of technology, fees and the role of retrieval advisory platforms. In the first part, we looked into how to check your unclaimed deposits and investments, documents and the steps you need to take to make a claim. You can read it here: In this final instalment on unclaimed investments, we delve deep into the crucial aspects of technology's role, fee structures, and the pivotal function of recovery advisory platforms.

Investing.com — The U.S. dollar edged higher in early European trade Monday, retaining support at the start of a week packed with risk events, including a Federal Reserve policy meeting and key employment data.

monthly EM Tracker showed. The tracker, which assesses economic activity across 10 EMs based on seven high-frequency indicators, gave India a record-high score of 80.5 out of 100 in December 2023. The rank and score are provisional since some countries are yet to release full data.

IOC while CLSA retained buy calls on SBI Life and Dalmia Bharat. Macquarie retained an outperform rating on HDFC Bank. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: