Travelers Financial News

24.07 / 16:49
UPS Citizens security WhatsApp travelers Six Bangladesh nationals arrested by the security forces in Tripura
Guwahati: What is indicating at growing influx six more Bangladesh nationals arrested by the security forces in Tripura.
24.07 / 16:15
Target Citizens country reports travelers Department US revises travel advisory for India; says don't travel to Manipur, J&K, India-Pak border and Central & East India
Jammu and Kashmir, the India-Pakistan border, and parts of central and eastern parts of the country where Naxalites are active. In a revised travel advisory for India, the State Department said it has updated to reflect information on the northeastern states.
24.07 / 15:43
UPS Action wellness information travelers Updates Have secrets, will travel? Not so fast, China says
SINGAPORE—China’s government is tightening its rules on the protection of confidential information, including intensified scrutiny on international travel by people privy to state secrets, as concerns over espionage rise amid an increase in global tensions. The changes also put a heavier burden on the country’s internet companies to stop leaks of sensitive information.
24.07 / 15:11
Provident Waters security blues travelers Features peace Best Safari suitcases for travel in 2024: Top 9 durable, stylish and reliable luggage options
Reasons to buyReasons to avoidThe Safari Polyester 65 litres Blue Softsided Luggage is a lightweight and versatile option for travelers. Its soft-sided design makes it easy to fit into tight spaces, while the spacious interior can accommodate all your essentials.
24.07 / 13:42
Forbes love Celebrity travelers Features Videos politician Fan’s unique gift stuns Lulu group chief Yusuff Ali, the Rs 75,000 crore business tycoon
billionaire who seems to have it all? One thoughtful fan of Lulu Group chairman MA Yusuff Ali found a unique and deeply personal answer: a watch featuring a photograph of the billionaire’s mother.
24.07 / 11:27
UPS IPO Strategy Wildlife hospital travelers Jungle Camps India aims Rs 100 cr revenue by 2028; firms up IPO plans
wildlife and conservation-focused lodges to guests, on Wednesday announced plans to achieve Rs 100 crore in revenue by FY28 from Rs 18 crore in FY24. In line with its growth strategy, the Delhi-headquartered company has set its sights on an Initial Public Offering (IPO) to fund its expansion plans. Jungle Camps India clocked a total revenue of Rs 18.10 crore and a profit after tax (PAT) of Rs 3.59 crore in FY24, compared with total revenue of Rs 11.24 crore and PAT of Rs 45 lakh in FY23, registering a healthy growth of 61 per cent in revenues and a five-fold jump in profit.
24.07 / 10:30
UPS FIVE Manufacturing track travelers Vande Bharat or Aam Aadmi Rail? How world's largest transporter has changed over a decade
Finance Minister Nirmala Sitharaman, focuses on balancing increased spending on jobs and rural development with transferring more funds to states, while narrowing the fiscal deficit. However, it offered limited new announcements for the Railways, mentioned only once in the Finance Minister's 83-minute speech.
24.07 / 08:07
markets Aviat Sustainability London show reports travelers Biofuel Bentleys are coming for Britain's green king
What do you do when you travel in a chauffeur-driven Bentley but want to be known as the green king
24.07 / 04:22
UPS WhatsApp Nestle Trade reports travelers Sensex, Nifty edge lower as tax hike on capital gains dents sentiment
Union Budget, Indian benchmark equity indices opened marginally lower on Wednesday, weighed down by index heavyweights Reliance Industries, banking, and financial stocks. The BSE Sensex was trading 37 points, or 0.05%, lower at 80,396. The Nifty50 was down 28 points, or 0.11%, trading at 24,451 around 9:20 am.
24.07 / 03:09
markets Provident security economy Trade social travelers Rural spending push, tax cuts to spur consumption
budget delivered on most counts for the economy, but may have disappointed the market through higher capital gains tax on equities and securities transaction tax on futures and options. On the positive side, we highlight (1) the moderately higher spending on farm and rural economy and lower income tax for middle-income households, which is a positive for consumption, (2) the thrust on employment generation through several new measures and (3) fiscal consolidation, which is a positive for bond markets and yields. On the negative side versus market expectations, we note (1) the unchanged capex compared with the interim budget figure and (2) a higher capital gains tax on equities. The government may pursue further rationalisation in the capital gains structure for various asset classes over a period of time. The government increased allocation to revenue expenditure (6.2% increase versus 3.2% in the interim budget) and cut income tax rates for middle-income households, which is a positive for consumption sectors. The higher proposed spending on social welfare schemes and rural development will drive a faster recovery in the farm and rural economies. The reduction in income tax rates for the lowest income tax slabs corresponding to middle-income households should provide an impetus to two-wheeler, consumer durables, QSR and other discretionary items.
24.07 / 02:24
markets UPS Provident WhatsApp travelers Capital gains intact, so what if they’re taxed a bit higher?
budget day, the market is prone to kneejerk reactions. So, as soon as the finance minister announced higher short-term and long-term capital gains taxes on financial instruments, the stock market tanked. Of course, it recovered towards the close as sanity set in. And what’s that sanity? In my view, it is that capital gains are intact, only the capital gains tax is higher.
23.07 / 18:12
Provident reports travelers Features Sporting Royal Enfield to expand 650 cc lineup with new Interceptor Bear 650 Scrambler: Report
Interceptor Bear 650 reveals that it will utilize the same chassis as the Interceptor 650. However, the scrambler will likely feature distinct rear springs with increased travel and upside-down front forks.
23.07 / 16:14
markets FIVE CEO security Align Experts travelers Share buyback to be taxed as dividend. Know how it impacts investors
dividend from October 1 and is expected to increase the tax burden on investors. In her Budget 2024 speech on Tuesday, Finance Minister Nirmala Sitharaman announced about the move which the industry sees as counterproductive. «For reasons of equity, I propose to tax income received on buy back of shares in the hands of the recipient,» Sitharaman said.
23.07 / 16:09
markets Target Trade performer reports travelers recommendations Budget 2024 gives a miss to capital infusion in OMCs. How it impacts BPCL, others?
oil marketing companies (OMCs) today ended in the red after the Union Budget 2024 did not make any budgetary allocation for them for FY25. The development assumes importance given that the government had in its FY24 budget earmarked Rs 30,000 crore for capital support to the OMCs which did not crystallise the financial year gone by. Shares of Bharat Petroleum Corporation (BPCL) today ended at Rs 306 on the NSE, down by Rs 2.25 or 0.73% over the previous closing price. Meanwhile, Hindustan Petroleum Corporation (HPCL) shares settled at Rs 345 falling by 0.5%. Indian Oil Corporation (IOC) was the top loser falling 1.4% to close the session at Rs 165.85.
23.07 / 14:44
UPS security Trade electronic travelers recommendations Defence stocks HAL, Bharat Dynamics, others recover from 10% fall post budget jitters
As a result, stocks plunged by up to 10% on the intraday basis, but managed to narrow their losses at the closing time.
23.07 / 14:24
markets COST Provident security country travelers Budget 2024: How tax changes impact investors
Budget, presented by Finance Minister Nirmala Sitharaman, introduces significant changes to the taxation of capital assets and capital gains. These amendments aim to rationalize capital gains tax provisions and bring parity across different asset classes and types of investors. While the amendments are indeed welcome as they simplify the hitherto complicated capital gains tax provisions in India and largely bring listed and unlisted shares at par amongst resident and non-resident sellers.
23.07 / 14:13
Booking CEO Strategy MakeMyTrip country travelers International MMT clocks highest ever gross bookings in Q1FY25
Rajesh Magow, group CEO of MakeMyTrip said its gross booking value for quarter one was more than $2.4 billion, with growth at 22% year on year in constant currency terms, and the adjusted operating profit was $39.1 million registering a growth of 30% year on year.
23.07 / 13:55
Airlines pandemic Microchip country travelers prevention Requirements simplified for bringing dogs into U.S. from rabies-free, low-risk countries
U.S. Centers for Disease Control and Prevention, dogs that have spent the prior six months only in dog rabies-free or low-risk rabies countries, such as Canada, will now be able to enter with a CDC import form online submission receipt as acceptable documentation.This form can be filled out on the day of travel and the receipt can be shown to airlines and border officials as a printed copy or by phone.
23.07 / 13:28
UPS CEO MakeMyTrip country reports travelers MakeMyTrip Q1 Results: Company posts $21 million profit, revenue up 31%
MakeMyTrip Ltd on Tuesday reported a profit of USD 21 million for the June quarter. The company said its June quarter profit included income tax expenses of USD 8.5 million due to a reversal of the deferred tax assets. In the first quarter of the last fiscal, the company had posted a profit of USD 18.6 million.
23.07 / 08:54
markets UPS FIVE Citizens travelers New tax regime changes in Budget 2024: New tax slabs, standard deduction limit hike, other key announcements
income tax slabs in the new tax regime for the current financial year 2024-25 in her budget speech. This is the first budget of Modi government in the third term.
23.07 / 07:27
markets COST Man Mobile WhatsApp travelers Budget 2024: Mobile phones, accessories to become cheaper as Sitharaman announces 15% duty cut
Union Budget: Finance Minister Nirmala Sitharaman on Tuesday, while presenting the full budget for FY25, announced a 15 per cent duty cut on mobile phones and accessories.

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