Wellness Financial News

As party manifestos go, the Bharatiya Janata Party’s (BJP) manifesto for the upcoming general elections is fairly standard, with promises about its plans if re-elected. However, what stands out in this year's BJP manifesto is its significant emphasis on the civil aviation sector, which is mentioned 11 times in the 76-page document.

Also Read- Multibagger Stock: KPI Green Energy zoomed over 200% in less than six months, advanced 510% in a year “The forecast of above normal monsoon augurs well for the economy and stock markets. This will enable a 7 % GDP growth for FY 25 with corporate earnings growth of around 14 %" said *V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services. The Good monsoon will lift the rural economy and improvement in rural income will boost demand for consumer staples, which, in turn, will boost the bottom line of FMCG companies, added Vijayakumar.

KKR vs RR IPL 2024: Eden Gardens hosted a last-ball thriller on April 16 as Kolkata Knight Riders (KKR) clashed with Rajasthan Royals (RR). In the battle between table-toppers, the Royals snatched victory in the final ball, disappointing the home crowd. At the end of the match, KKR owner Shah Rukh Khan hugged Jos Buttler - the chief architect of Kolkata’s loss.

₹6,013 crore in FY24 led by better demand for its housing projects. The company’s presales in the fourth quarter of FY24 were ₹2,243 crore, the highest ever for a quarter. It registered real estate sales volumes of 7.55 million square feet in FY24 and 2.72 million square feet in Q4FY24.

infinity pool hanging in the air between two skyscrapers! Is it possible? Well, it has already been made possible in Dubai. World's longest infinity pool measures an astonishing 120 meters in length and it floats hundreds of meters up in the sky, reports 'The Sun'. It will be situated between the two towers of the building. The infinity pool will be located in 'The Link', the longest cantilever building on the planet.

Australia will boost defence spending by A$50.3 billion ($32 billion) over the next decade and reshuffle its weapons programs to emphasise missiles, drones and warships as it looks to the possibility of a Pacific conflict between China and the U.S. The bulk of the new spending, part of a A$330 billion decade-long budget, will only kick in after five years, and ultimately take defence spending to 2.4% of GDP by 2034 from just over 2% today. Announced by Defence Minister Richard Marles on Wednesday, the new funding reflects new priorities, such as long-range missiles, that Australia believes are necessary in a world where a potential conflict between China and the United States could upend the region.

HRA claims from previous years. However, the Central Board of Direct Taxes (CBDT) recently clarified that there was no special drive to re-open cases concerning mismatch of data relating to House Rent Allowance (HRA). «There is no special drive to re-open cases of mismatch, and media reports alleging that large-scale re-opening is being undertaken by the CBDT are completely misplaced. At the outset, it is stated that any apprehensions about retrospective taxation on these matters and re-opening of cases on issues pertaining to HRA claims is completely baseless. Data analysis was carried out in some high-value cases of mismatch between the rent paid by the employee and receipt of rent by the recipient for the FY 2020-21,» said CBDT in a press release dated April 8, 2024. However, this does not mean that you can live worry-free in case there is a mismatch between the rent paid by you and the receipt of rent by the landlord and there is a situation of possible tax evasion.

Army Training Command (ARTRAC), Lt Gen Manjinder Singh, has said that the war between Russia-Ukraine and Israel-Hamas has been a learning experience for India, as it may face similar warfare practices from terror-hit regions on Pakistan's borders. He said this at the Army Training Command (ARTRAC) investiture ceremony held at the Army Training Command in Shimla on Tuesday. Lt Gen Singh, awarded ARTRAC Unit awards to the Army officials for their noteworthy performance in the year 2022-23.

₹30, or 0.04% to ₹72,999 per 10 grams on MCX. During the day, gold rate hit a high of ₹73,315 level. Silver price closed down by ₹24, or 0.03%, at ₹83,480 per kg on MCX.

GT vs DC IPL 2024: Gujarat Titans (GT) will clash with Delhi Capitals (DC) on April 17. Ahead of the especially crucial match for Delhi, their all-rounder Sumit Kumar has revealed his role model. The upcoming IPL match will take place at Narendra Modi Stadium in Ahmedabad.

When ChatGPT was first made publicly available, I remember marvelling at the quality of its output and thinking that AI had finally improved to the point where it might be good enough to stand-in for me. Wouldn’t it be wonderful, I thought, if I could describe what I’d like my article to cover and have AI write it for me. So I set about doing just that.

India may strike a deal with Nvidia to source graphics processing units (GPUs) from the US manufacturer, and offer them to local startups, researchers, academic institutions and other users at a subsidised rate under its ₹10,000 crore Artificial Intelligence Mission, people in the know of the matter said. The plan is at a «very early stage» and a decision is likely to be made after the elections, an official said.

In an interview with ANI, he noted that India, ever since the COVID-19 pandemic, has witnessed consistent growth at 7 per cent plus. He predicted that India will have 8 per cent growth in the fourth quarter and called it «good» growth considering the current global economic situation. Asked where India stands amid the current global economy, he responded, «I think India will continue to be the driver for global growth in the foreseeable future. The maximum sort of contributor to global growth. I expect growth in India to be consistently above 7 per cent in this decade. You would recall back in September 2021, when I was with the government as well. I predicted that India will emerge out of COVID with 7 per cent plus growth. So I continue to maintain that assessment.»

Reliance Retail and Avenue Supermarts to sell retail grocery chain 24Seven, said executives aware of the development. Godfrey Phillips India had said in an exchange filing on April 12 that it plans to exit the loss-making 24Seven convenience chain «following a detailed review of the company's retail business division». The negotiations will hinge on valuation, said one of the persons cited.

For some advisors, tax season is well behind them. For others, the conversation about has just begun.

When Lily-Rose Bury got a job on German bank Berenberg's graduate programme in London in October 2021, she said she was «delighted» and «thankful.»

Finance Minister Chrystia Freeland delivered a federal budget Tuesday that keeps the deficit capped at $40 billion, but introduced new taxes that largely offset billions in new spending. Here is what the economists say about the budget. 

Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank's goal, pointing to the further unlikelihood that interest rate cuts are in the offing anytime soon.

Large firms with thousands of financial advisors working in various capacities appear to have turned the tide, at least for now, on losing advisors to their competitors or retirement, with Merrill Lynch showing a dramatic decrease in the number of advisors who left in 2023.

Rafael Nadal returned from injury at the Barcelona Open, marking his first ATP Tour appearance since January due to a hip issue. The 22-time Grand Slam winner missed several tournaments in 2023 due to injuries.

America’s biggest banks reported stronger-than-expected earnings in the first quarter, highlighting how a resilient economy is helping power everything from Main Street to Wall Street. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley all reported revenue and earnings that beat or met analysts’ expectations. Consumer spending remained robust.