Wellness Financial News

Chunky bootmaker Dr. Martens is warning of a tough year ahead

CIBIL score is vital for young professionals since this can positively impact their ability to access credit in the future. One should avoid excessive debt, manage credit responsibly, and stay disciplined with their finances in order to achieve a strong credit score. As a matter of fact, maintaining a good credit score for young professionals is no different from other professionals.

WHEN THE COMMANDING billionaire Vlad Doronin asks you to do something, he’s not really asking. So when, during an interview at his Miami Beach mansion, the Soviet-born Doronin directs me to lie down on a table so he can demonstrate a scary-looking machine, I don’t even inquire what the device does. I just climb onto the table in my form-fitting dress and heels, and the owner of the ultra-luxury Aman hotel brand places a plastic wand on my abdomen.

Kudlow panelists Steve Moore, Kevin Hassett and Steve Forbes react to the presidents planned sweeping tax hikes.

ITC Ltd, has claimed «oppression» at the hands of the promoters of Hotel Leelaventure Limited (HLV) which runs hotels in India under the Leela brand. ITC says being a minority shareholder its interests are being ignored by HLV. The battle between the two has been raging for the last five years and, of course, HLV has contested claims made by ITC which holds a 7.92% stake in HLV. Since 2008, ITC has been buying shares of HLV from the open market through Russell Credit, its investment arm. In March 2017, after part of HLV's debt was converted into equity, ITC’s shareholding in the hotels chain had dropped from 11.8% to the current level of 7.92%. At that time, JM Financial ARC had converted Rs 275 crore debt into 26% equity in Hotel Leela. How it all began In January 2019, debt-laden HLV Limited went into insolvency under the Insolvency and Bankruptcy Code (IBC). HLV had announced in March 2019 that the company's hotel business together with all the assets and liabilities of hotels located in Bengaluru, Chennai, Delhi and Udaipur were being acquired by Brookfield on a slump sale basis for ?3,950 crore.

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With skyrocketing prices of houses, an average person can't buy a house without taking a home loan. In this article, we will discuss various aspects of tax benefits available for home loans.

The Mollars ICO is nearing its final days. The initial coin offering will end in just under 30 days [1 month].  Most impressive in this last stage, the token presale has been highly successful with a majority 61% share of the ICO token supply now sold out.

Householder Group is expanding a key program designed to help high-net-worth advisors with succession planning for their practices.

Face it, fund companies. It’s no longer enough just to push products. Financial advisors want more.

Patanjali Foods share price gained 5.2% on Tuesday. The shareholding pattern on the exchanges showed that CQG Partners Funds have increased their stake in Patanjali Foods to 11.38% during Q4. As per the shareholding patterns on the exchanges, GQG Partners Emerging markets equity fund A Series of GQG Partners Series LLC held 9.31% stake in PatanJali Foods at the end of March 2024 quarter (Q4 FY24).

Rahul Singh, CIO-Equities, Tata Mutual Fund, says: “So far, we are not seeing any green shoots of recovery in the FMCG space. My own sense is that if the urban economy continues to outpace rural economy, because there are a lot of interlinkages in the way the economies work, sooner or later the rural economy will recover but not necessarily due to agricultural income or monsoons, but purely because of the amount of capex and construction activity which we are undergoing and which is likely to continue post elections.” The main point which is in the mind of the market right now and that there will be either delayed cuts in the US or even Chetan Ahya of Morgan Stanley this morning has put out a note saying no rate cuts this year in India. So, the whole narrative around some rate cut in the second half of this year, seems to have been challenged and as a result, yields have rallied. What is your own hypothesis? Rahul Singh: There are two factors at work in the market. One obviously is the rate cut and whether that gets delayed and by how much and whether we have a rate cut this year or not – those discussions have started again and this is not the first time that there is a flip-flop in terms of the consensus view on the rate cuts, so I am not entirely surprised.

Patients suffering from pain have limited options when it comes to medication

The pilots union at American Airlines says there's been a significant spike in safety and maintenance issues at the airline

Goldman Sachs said Monday it saw a double-digit rise in its first-quarter profits, lifted broadly by the stock and bond markets’ performances in the first months of the year

L&T: MOSL predicts that Larsen & Toubro's (L&T) growth trajectory will be steered by an 18% surge in order inflows, propelled by a robust pipeline of prospects. Additionally, a gradual rebound in core Engineering, Procurement, and Construction (EPC) EBITDA margin is projected to reach 9.1% and 9.7% by FY25 and FY26 respectively. MOSL highlights the emergence of green shoots and expects ordering to gain momentum post elections, leading to a sector-wide valuation re-rating.

The figures released today (16 April) by the Office for National Statistics came in well ahead of economist expectations of a 4% print.  Wage growth was also higher than expected during the period. Average regular earnings growth excluding bonuses fell to 6%, compared to the 5.8% predicted. Including bonuses, average earnings remained stagnant at 5.6%, against the 5.5% forecast. UK out of 'short and shallow' recession as GDP grows 0.1% in February «This may raise further concern among some Monetary Policy Committee members over the persistence of inflationary pressures,» said Micha...

US prosecutors have charged a man with wire fraud and money laundering in connection with a large-scale illegal ‘cryptojacking’ operation. 

Dolly Khanna portfolio: Selan Exploration Technology share price has been on an uptrend since mid-March 2024. After bottoming out at ₹410 apiece level on 14th March 2024, Selan Exploration share price has been rising to new peaks regularly. This Dolly Khanna latest portfolio entrant today opened upside at ₹599 apiece and went on to touch an intraday high of ₹683.70 per share on NSE within an hour of the stock market's opening bell.

I have inherited some shares which are in demat mode. I have no idea what was the purchase price of these shares. If I sell these shares in the market, then how to calculate long-term capital gains? If I decide to transfer these shares in my son's name do I have to prepare a Gift Deed? In the case of inheritance, the cost of acquisition for capital gains purposes is taken the cost to the previous owner who had bought it for consideration.