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China is planning to cut taxes for home purchases as the government dials up fiscal support to revive a moribund housing market, according to people familiar with the matter. Regulators are working on a proposal that would allow mega cities including Shanghai and Beijing to cut the deed tax for buyers to as low as 1% from a current level of as much as 3%, the people said, requesting not to be identified because the matter is private. City governments have leeway to tweak the rules, the people added. The plan, hinted at on Friday by Finance Minister Lan Fo’an, underscores Beijing’s increased willingness to use fiscal tools to shore up the sluggish economy along with monetary easing. Lan pledged to carry out “more forceful” fiscal policies next year after unveiling a 10 trillion yuan ($1.4 trillion) debt swap for local governments, signaling bolder steps could come after US President-elect Donald Trump takes office.

e-commerce, logistics and the delivery sector, demand for gig workers rose to its highest in six years to over 1.2 million gig roles posted during the 2024 festive season, a report by recruitment service provider Avsar found. In 2024 the demand for gig workers surged by 10% compared to 2023 according to the Gig Workers Report. “This festive season, we’re seeing more than just a spike in gig roles–it’s a transformation in how people and companies are approaching work,” said Navneet Singh, founder of Avsar.

Nisus Finance Services has received the approval from the Bombay Stock Exchange (BSE) for launching its initial public offering (IPO). The issue will comprise a fresh issue of 57.80 lakh equity shares each with a face value of Rs 10, along with an offer for sale of up to 7,20,000 equity shares, aggregating to a total issue size of up to 65,00,000 equity shares.

bitcoin climbed to yet another record high. The world's largest cryptocurrency topped $87,000 for the first time on Monday. As of around 3:45 p.m. ET, bitcoin's price stood at $87,083, per CoinDesk, up over 28% in the last week alone. Dogecoin observed a dramatic surge, rising nearly 45% to $0.4037 in the past 24 hours. This rally adds to its impressive growth of 145% since Donald Trump's victory in the 2024 US presidential election.

Hindalco Industries will relook at the IPO of its US-based subsidiary Novelis Inc once market conditions are right, allowing the company to command premium valuations, managing director Satish Pai said. The Indian aluminium major also announced a capital expenditure of $4 — $5 billion over the next three years for its upstream Indian projects. “The next few quarters for Novelis are going to be a little bit tough because the scrap spreads are tight. So I think for the IPO, we will wait till we are happy with the market conditions and Novelis performance is also at that level, then we can get that premium valuation that we want,” Pai said on a call after the company’s quarterly earnings.

Subscribe to enjoy similar stories. US bond markets have had a minor meltdown since former President Donald Trump pulled ahead in prediction markets and then won a second term last week, putting upward pressure on mortgages and other household borrowing costs. If the move continues, it could be a major source of disappointment for voters who trusted Trump to improve housing affordability and the cost of living.

Subscribe to enjoy similar stories. Shares of Steel Authority of India Ltd (SAIL) have dropped around 6% since the company reported weak September quarter (Q2FY25) results on Thursday. A downward revision in the FY25 sales volume guidance has likely added to the negative sentiment.

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Netflix. The series is a great example of mixing comedy and science. It also uncovers the dynamics of personal and professional relationships in its own unconventional way. A closer look will make you realise that the series has some incredible learnings for a person who is serious about making an impact in their own career journey. Here are some significant ones I saw: 1. Embrace continuous learning: The show greatly highlights the advantages of embracing lifelong learning. Two characters, Sheldon Copper and Amy Farrah Fowler, teach us the importance of constantly digging deeper and making discoveries in our fields to stay relevant and make breakthrough developments. Though both these stalwarts have PhD degrees and several accomplishments, they always express the urge to know more and innovate throughout the series. It is one reason why they end up receiving a joint Nobel Prize in the last episode. Hence, whether through formal education or professional interactions, learning is key to grow and thrive.

Subscribe to enjoy similar stories. Philanthropist and art collector Shalini Passi has become a popular personality across the country after her appearance in Netflix’s recent show, Fabulous Lives vs Bollywood Wives. In an interview with Lounge, Passi, who's also a Unicef partner and founder of MASH, a digital art and design platform, talks about her love for fashion, and how Delhi has shaped her aesthetic.

Subscribe to enjoy similar stories. NoBroker, the Tiger Global-backed prop-tech startup, sees a burgeoning opportunity in its home loans and insurance vertical as more younger consumers look to invest in houses, a top executive told Mint. The Bengaluru-based company gets a fourth of its over ₹600 crore revenue from financial services and expects its home loans vertical to become its second-biggest business in the coming years, trailing its main real estate buying-and-selling business, said Saurabh Garg, co-founder and chief business officer at NoBroker.

Subscribe to enjoy similar stories. Retirees or those close to retirement face the challenge of managing their savings throughout their lifetime. At this stage they no longer have the luxury of building up their savings and instead need to withdraw from their corpus.

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Subscribe to enjoy similar stories. The week gone by was a big one for financial markets as Donald Trump returned to the White House as the new US president. With Trump back in power, it’s almost a given - his pro-business stance and commitment to boosting the American economy are the front and centre.

There are now more deer in England than at any other time in the last 1,000 years

Subscribe to enjoy similar stories. Stock markets like clean and crisp stories: This happened, so that happened. Like in early November, we were told that stock prices fell in October because foreign institutional investors (FIIs) sold Indian stocks worth ₹94,017 crore during the month.

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Asian shares are trading mostly lower, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as president

US policy landscape, though may be also reflected in valuations as markets have been anticipating the outcome,” says Gautam Chhaochharia — Head of Global Markets, India – UBS. In an interview with ETMarkets, Chhaochharia said: “IT Services sector may potentially benefit from US corporate tax cuts and thus higher spending, despite some worries around Visas” Edited excerpts:

Shaktimaan fans! India’s first superhero is making a glorious comeback! On Sunday, Mukesh Khanna, who brought the iconic character to life on the small screen, shared a picture of Shaktimaan in his evergreen red and gold uniform on Instagram and added a caption: “It’s Time For Him to RETURN. Our First Indian SUPER TEACHER- SUPER HERO. YES! As darkness and evil prevail over the children of today… It's time for him to return. He returns with a message. He returns with a teaching. For today’s generation. Teaching. Welcome Him. With both hands!!! Watch the new teaser." The teaser, which was shared on the actor’s YouTube channel, shows Shaktimaan at school, checking sketches of various Indian revolutionaries such as Chandrasekhar Azad, Bhagat Singh, and Subhash Chandra Bose, and singing, “Aazadi ke deewanon ne jung ladhi phir jaanein di, ang ang kat gaye magar anch watan par na ane di...”

TVS Motor Company with a target price of Rs 2,774. The current market price of TVS Motor is Rs 2,476.65. TVS Motor Company, incorporated in 1992, is a Large Cap company with a market cap of Rs 1,17,246.75 crore, operating in the Auto sector. TVS Motor's key products/revenue segments include Automobile — 2 & 3 Wheelers, Other Operating Revenue, Sale of services for the year ending 31-Mar-2024.