Wellness Financial News

After Budget 2025 generously slashed tax rates across all income ranges in the new tax regime, the general consensus is that the old regime is a thing of the past. Well, not yet for those paying rent.

U.S. efforts to put carbon dioxide from power plants and industrial facilities underground where they won't contribute to global warming could see less federal support under President Donald Trump although demand for the technology remains high

Nirmala Sitharaman on Monday said action will be taken in case there are violations of well laid down processes for auctioning of gold by banks and NBFCs when a borrower fails to pay the gold loan. During Question Hour in Lok Sabha, she said Non Banking Financial Companies (NBFCs) and Scheduled Commercial Banks (SCBs) are guided by similar rules.

Pankaj Pandey, Head Research, ICICIdirect.com, says a small rally was anticipated, but due to ongoing volatility, there isn't much confidence for a short-covering rally. It may take about a month to gain clarity on tariffs since Trump has paused new tariff actions. Also some tariffs may be imposed on the steel industry. Many of these issues are still developing. However, two sectors in commodities appeal to Pandey. First is cement, where the toughest times seem to be over. The second sector is steel, which is currently at a four-year low. This month, we might hear updates on safeguard duties, which could benefit some steel companies. In auto, while ICICIDirect likes Bajaj Auto, and Eicher and has upgraded Maruti to a buy, M&M is the top pick in this space. What is it looking like so far? We have made two weeks of recovery. Will it sustain? Pankaj Pandey: Overall, the volatility on the global front could persist for some period of time and which is why not much relief is expected on FPI selling. Domestically, earnings have been okay and not really great, but our sense is that in the first half, we have seen earnings of 5%. In the second half, ideally, it should be better at about 8-odd percent. So, full year, we could have about 7% growth.

Ranveer Allahbadia, widely recognized for his YouTube channel BeerBiceps, recently participated as a panelist on comedian Samay Raina’s provocative web show India’s Got Latent. However, his efforts to align with the show’s edgy and dark humor did not sit well with online audiences.

«In those days, when Sunil Gavaskar used to get out, the hopes on rest of the batsmen was very-very low. Today, barring India, most other countries in emerging market like Russia, China, Brazil, South Africa, have not delivered return to investors. Over 20-year period, emerging markets underperformed developed markets,» says Nilesh Shah, MD, Kotak AMC. Exactly a month ago, this market had a lot of event risk, budget, Trump and tariffs, then there was RBI, MPC, and then Delhi elections. Thankfully for us, we have come on the right side of all the individual events. So, if events were making markets nervous and if the events are behind us and we have been on the right side of the event, then do you think it is a matter of time markets will stabilise? Nilesh Shah: So, in our opinion, while there are certain events which are behind us, there are few things which will keep market on the volatile side. One, we are in a world which is increasingly becoming protectionist from globalised, with Trump administration launching newer and newer initiatives for America first, there will be concerns on geopolitical side.

Ranveer Allahabadia, also known as Beer Biceps, recently faced a huge backlash for making inappropriate jokes at Samay Raina’s show ‘India’s Got Latent’. Allahabadia’s attempts to match the show’s grim humour did not go down well with fans.

Ajay Bagga, Market Expert, says Prime Minister Modi's visit to the US next week is a good sign. It is anticipated that India will sign some defense agreements and announce equipment purchases. Additionally, there are already signs of tariff relief on US products. We can expect a handshake that may draw attention to the markets. Although the recent earnings season was not strong, the upcoming quarter appears more promising, and with the rate cut, rate-sensitive sectors should perform better. What is your take on the markets overall? How much of the positives in terms of the Union Budget as well as the RBI monetary policy coming as per expectation is now priced in and what will drive the markets ahead because January has been quite wobbly. In February, we seem to be stabilising a bit but what is the way forward? Ajay Bagga: The Union Budget, on balance, was a good one. In terms of the RBI policy, the positive was the rate cut. What disappointed the market and led to some amount of sell off in the banking stocks. The Budget on balance has been positive for the markets. Infrastructure spend has been maintained. Fiscal deficit goes down, creating some space for RBI to cut rates and consumption gets a boost.

Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals. Delhi Elections LiveTax calcula

Subscribe to enjoy similar stories. New Delhi:Wind power projects may need to use a fixed amount of local components to secure government assistance, two people aware of the plans said, on the lines of a similar mandate for solar power projects. The government has begun talks with industry stakeholders to introduce a domestic content requirement (DCR), one of the two people cited above said on the condition of anonymity.

Subscribe to enjoy similar stories. Big companies have turned against diversity and environmental action as they try to curry favor with an avowedly anti-woke President Trump. Also turning away from the movements embodied by the acronyms DEI and ESG are academics and one of the leading campaigners for a friendlier form of capitalism, as the entire financial culture shifts.

Subscribe to enjoy similar stories. New Delhi: When finance minister Nirmala Sitharaman announced tax cuts and sops for taxpayers in her latest budget, she said: “Slabs and rates are being changed across the board to benefit all tax-payers. The new structure will substantially reduce the taxes of the middle class and leave more money in their hands, boosting household consumption, savings and investment." Changes included pushing forward the starting point of income tax from an annual income of ₹7 lakh to ₹12 lakh, and a revision in tax slabs.

Josiah Lippincott recently shared a picture of Vice President JD Vance and his wife, Usha, and wrote that he only harboured an animus for fresh-of-the-boat Indians who arrived in the US from India, not patriotic Indian-Americans such as Usha.

Subscribe to enjoy similar stories. Today, the daughter came back ravenous from her geography exam and said she craved beef chilli fry. I didn’t have beef.

Congress in Delhi assembly elections, BRS Working President K T Rama Rao on Saturday congratulated Rahul Gandhi for allegedly making BJP win. «Congrats to Rahul Gandhi for winning the election for BJP, yet again! Well done,» Rama Rao said in a post on social media platform 'X'.

Manish Sisodia on Saturday conceded defeat from his constituency Jangpura and expressed the hope that the BJP would work for the welfare of the people in the area. «I extend my congratulations to the winning candidate and hope they will focus on the progress and welfare of the people of Jangpura,» he told reporters.

Subscribe to enjoy similar stories. I am trundling through the city, exerting every ounce of restraint to not twist the dial on the steering wheel into Sport Plus, slam my foot down, and watch the instrument cluster glow red. Driving a car that has the potential to launch you into your seat like gravity tripled within city limits is pure torture.

Subscribe to enjoy similar stories. The scope and velocity of President Trump’s moves to shrink the U.S. government, pressure U.S.

Subscribe to enjoy similar stories. Bengaluru: Zomato Ltd’s decision to carve out a distinct identity for its parent entity will allow it greater freedom in exploring its ambitions without putting all its eggs in one basket, while providing investors more granular insights into the company, say industry experts. Four years after Facebook rebranded as Meta Platforms Inc.