Wellness Financial News

Vinay Jaising, MD, JM Financial Services, says “for us, capex and industrials put together, had north of a 50-55% growth. Railways, again, fantastic growth. So that space, in terms of earnings trajectory, did really well. In energy, we are underweight but that did extremely well, courtesy the OMCs. I do not know how long that will sustain or whether we will start seeing either crude prices move up or margins move down, but overall in terms of numbers, a 20 plus percent year-on-year increase in capex made our overall portfolio earnings go up north of 25% and that was exciting for us.” The markets got mighty enthused by the big GDP number. There has been two back-to-back strong readings on the GDP. In the last commentary, the RBI governor already took their own estimate for GDP higher, above 7%. Other rating agencies could follow soon. Is this growth sustainable? The market will start looking for valuations if the growth is not sustainable, but growth appears to be falling in place now? Vinay Jaising: Absolutely.

Delhi's Tis Hazari Court has remanded an ICICI bank manager in four days police custody in a case of cheating and criminal breach of trust. The man has been accused of duping an NRI (Non-Resident Indian) woman of Rs 13.5 crores. The Delhi Police EOW has registered a case against the accused along with others. Chief Metropolitan Magistrate (CMM) Sonam Gupta on Friday remanded Varun Vashishta in four-day police custody. He is to be produced before the court on March 5, 2024.

Areas including Mandi House, RK Puram, Indraprastha, Kartavya Path, and Central Delhi witnessed fresh showers. Delhi witnessed a sudden change in weather on Saturday morning as well. Several areas in Delhi, including Greater Kailash, India Gate, RK Puram, and Janpath, experienced strong winds and light showers on Saturday morning.

Donald Trump has won Missouri's Republican caucuses, one of three events Saturday that will award delegates for the GOP presidential nomination. The former president, who is especially strong in caucuses, was adding to his delegate lead in Republican caucuses in Missouri as well as at a party convention in Michigan. Idaho was scheduled to hold its caucuses later Saturday. Former UN Ambassador Nikki Haley, meanwhile, is still seeking her first win.

cheese. It's the secret weapon that can transform dull, mass-produced fare into edible delights. No wonder, it is there everywhere — as a filler nestled within burgers, as a flavourful dip accompanying side dishes, as an entity lathered in a dosa... Recently, however, a cheesy kerfuffle erupted in Maharashtra after the state FDA cancelled the licence of a McDonald's outlet in Ahmednagar for using cheap vegetable oil instead of cheese in its products. A news report in this veritable paper stated that the FDA officials found that McCHEESE burgers, CHEESY nuggets, and CHEESY dips were actually — horror of horrors! — 'cheese flavoured'. The regulator alleged that the company used cheese analogues, which replicate the taste and texture of real dairy cheese, without proper disclosure on labels or display boards, misleading consumers into thinking they were eating the real thing.

Union Minister Shripad Naik will contest from North Goa Lok Sabha seat on a BJP ticket for the sixth time in a row. Naik, who is Union Minister of State for Tourism and Ports, Shipping and Waterways, has been MP since 1999 from the seat, formerly called Panaji Lok Sabha between 1971 and 2004.

Up to now, the Russell 2000 IWM had been doing most of the running, marked by the relative performance gains of this index against the S&P 500 and Nasdaq, but yesterday was the first stall in this rally.

Also Read: US sanctions threaten Russian oil sales to India; complicate process for OMCs to secure annual deals: Report Back home, on the Multi Commodity Exchange (MCX), crude oil futures due for a March 19 expiry, last settled 0.02 per cent lower at ₹6,637 per bbl, having swung between ₹6,475 and ₹6,694 per bbl during the session, against a previous close of ₹6,638 per barrel. -A decision on extending OPEC+ cuts is expected in the first week of March, with individual countries expected to announce their decisions. Analysts said that the expectation that OPEC+ is going to continue with their voluntary production cuts well into the second quarter of 2024.

trouble brewing in the paradise in the household of ‘Lady Superstar’ Nayanthara and director Vignesh Shivan? Recently, the ‘Jawan’ actress sparked rumours about a possible separation from her husband as she unfollowed him on Instagram. Adding fuel to the fire, the ‘Raja Rani’ star also shared a cryptic message on her Instagram Stories. “She’s gonna forever say ‘I got this’ even with tears in her eyes,” wrote the star. However, she seemed to have followed the ‘Netrikann’ director once again, and their shared pictures remain on her profile. The couple are usually quite lovey-dovey on social media and often share pictures of their life, as well as photos of their adorable twin sons Uyir and Ulag. Last week, the actress shared a black-and-white photograph of her husband hugging her from behind.

The markets traded in the previous week on analyzed lines. It was largely expected that the markets may not see any runaway upmove but may keep the overall trend intact. In line with these expectations, the Nifty traded in a defined range ending the week on a modestly positive note. The trading range also stayed limited; the Index oscillated in a 492.65-point range. The volatility inched higher; India Vix rose by 1.75% to 15.23. The headline index closed with a net weekly gain of 126.05 points (+0.57%).

NDA returned to power in the state after CM Nitish Kumar cut ties with Lalu Prasad Yadav-led Rashtriya Janata Dal (RJD) in January. Addressing a public rally in Bihar's Aurangabad, Nitish Kumar said although the prime minister had visited the state earlier as well but “idhar hum gayab ho gaye the." [I had disappeared here], prompting laughter from PM Modi. Nitish Kumar said, “You (PM Modi) had come earlier as well, 'par idhar hum gayab ho gaye the.

Ranging from classic and plain styles to modern and contemporary design formats, these dressing tables are sure to add on to the elegance of your bedroom. This list features some of the most coveted products by reputed companies so make sure to read till the end.

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visa rules and immigration policy and more measures are to be proposed and introduced throughout 2024 - being an election year. “Last year, net migration reached a record total of 745,000 which many British people feel is too high," Yash Dubal, director and a senior immigration associate of A Y &J Solicitors, said and further pointed out that the immigration issue is likely to be an ‘election pitch’.

Vivek Taneja also died after succumbing to assault injuries in Washington. Vivek Saini, another Indian student who had recently earned an MBA degree in the US and was hammered to death by a homeless drug addict in Georgia state’s Lithonia city Last month, an Indian student, Syed Mazahir Ali, faced a brutal attack in Chicago on February 4.

StockSelect recommendations was for Asian Paints. In April 2004, we advised Equitymaster subscribers to buy shares in this paint company. At that time, Asian Paints was beginning to feel the pinch of rising crude oil prices on its profit margins, facing stiff competition from rivals like Goodlass Nerolac, Berger Paints, and Sherwin Williams.

Nifty 50 vs GDP of India: The key benchmark indices of the Indian stock market surged to a new high after India's Q3 GDP growth saw an impressive growth rate of 8.4% driven by robust manufacturing, highlighting the inherent strength and potential of our economy. However, the domestic equities got some support from the US Fed rate cut buzz as well after the easing of US inflation data that triggered profit booking in the currency market and the US dollar index came below the 104 level. According to stock market experts, Nifty 50 or Sensex or any other index of the Indian stock market grows two to two and a half times the GDP growth registered by the national economy.

WestJet and Air Canada has gone up.For those who purchased an economy basic or standard fare with Air Canada on or after Feb. 28 for travel within Canada or to the U.S., the Caribbean, Mexico or Central America, the fee went up $5, from $30 to $35 for the first bag and to $50 for a second bag.For WestJet tickets purchased on or after Feb.

Bajaj Allianz Life, one of the leading private life insurers, has launched the Bajaj Allianz Life Small Cap Quality Index Fund NFO which aims to leverage the growth opportunities in Small Cap Equities. The fund objective is to provide investors capital appreciation by investing in companies listed in the Nifty Small Cap 250 Quality 50 Index.

Question: I have purchased a new house on a home loan for which I am paying Rs 2.5 lakh as interest on an annual basis. Further, I am also deriving rental income amounting to Rs 40,000 per month from a tenant. I have also paid municipal taxes of Rs 5,000 during the year. Considering the same, kindly guide me on tax implications of the above components and what would be the amount which would be subjected to tax?

With 2024 in full swing, most working Canadians are likely feeling the impact of higher federal payroll taxes on their paycheques.