Investing

Sensex's 4,800 points drop is the most since 2020. Markets may fall more if…

Sensex records its largest drop since 2020; further decline possible.

June 4, 2024 / News, Investing /

Sensex records its largest drop since 2020; further decline possible. This sharp decline rattled investors and underscored the volatility gripping the stock market. The bearish trend in the market was evident as key sectors experienced heavy selling pressure, leading to widespread losses across the board. Investors reacted to a confluence of factors, including global economic […]

Sensex records its largest drop since 2020; further decline possible. Read More »

Passengers faint as Air India flight delayed by hours at Delhi airport

Air India flight delay at Delhi airport leads to passenger fainting.

May 31, 2024 / News, Investing /

Air India flight delay at Delhi airport leads to passenger fainting. Passengers of an Air India flight endured a harrowing ordeal as their scheduled departure from Delhi was delayed by a staggering 20 hours. Faced with this prolonged wait, frustration and discomfort reached a boiling point among the travelers. Reports indicate that conditions inside the

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Stop charging extra interest on loans: RBI to banks

RBI directs banks: Cease extra loan interest charges.

April 30, 2024 / News, Banking, Investing /

RBI directs banks: Cease extra loan interest charges. The RBI has urged lenders to embrace online account transfers over issuing cheques in certain loan disbursal instances. This move aims to streamline processes and enhance efficiency in the lending system. By promoting digital transactions, the RBI seeks to reduce reliance on traditional cheque-based methods, which can

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Inheritance tax row: Nirmala Sitharaman warns India ‘will go back to era when Congress imposed…'

Nirmala Sitharaman warns India of returning to Congress-era inheritance tax imposition.

April 26, 2024 / News, Banking, Investing, Politics /

Nirmala Sitharaman warns India of returning to Congress-era inheritance tax imposition. Finance Minister Nirmala Sitharaman cautions that imposing inheritance tax could erase India’s last decade of progress, particularly impacting middle and aspirational classes’ hard-earned savings in small investments and property. Union Finance Minister Nirmala Sitharaman cautioned that India’s decade-long progress would regress to “zero” with

Nirmala Sitharaman warns India of returning to Congress-era inheritance tax imposition. Read More »

PM Modi alleges Congress seeks inheritance tax imposition.

PM Modi alleges Congress seeks inheritance tax imposition.

April 24, 2024 / News, Education, Investing, Politics, Social Issues /

PM Modi alleges Congress seeks inheritance tax imposition. Congress claims SEBI confirmed Adani scam, demands JPC inquiry; Smriti Irani labels Rahul Gandhi “anti-Sanatan” and “anti-national.” During a poll rally in Chhattisgarh, PM Modi accused Congress of planning to impose inheritance tax, alleging they aim to seize assets and rights of citizens’ children. Meanwhile, former Congress

PM Modi alleges Congress seeks inheritance tax imposition. Read More »

Ramdev and Balkrishna issue unqualified apology to SC.

Ramdev and Balkrishna issue unqualified apology to SC.

April 23, 2024 / News, Crime, Health, Health and Wellness, Investing, Social Issues /

Ramdev and Balkrishna issue unqualified apology to SC. The bench has scheduled the matter for a hearing on April 30, indicating a forthcoming review and discussion of the case. In New Delhi, on Tuesday, Yoga guru Ramdev and Patanjali Ayurved Ltd managing director Balkrishna addressed the Supreme Court regarding the misleading advertisements case. They expressed

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BJP manifesto lacks structural economic reforms."

BJP manifesto lacks structural economic reforms.”

April 16, 2024 / News, Business, Education, Events, Health and Wellness, Infrastructure, Investing, Politics /

BJP manifesto lacks structural economic reforms.” According to Citi economists, Indian Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) has omitted any mention of structural economic reforms, such as changes to labor and land laws, in its manifesto for the upcoming elections. The BJP’s focus, instead, revolves around promises to create jobs, enhance infrastructure and

BJP manifesto lacks structural economic reforms.” Read More »

Finance Ministry announces new income tax slab changes effective from today.

Finance Ministry announces new income tax slab changes effective from today.

April 1, 2024 / News, Finance, Investing /

Finance Ministry announces new income tax slab changes effective from today. The Finance Ministry has stepped in to address the proliferation of misleading information circulating on social media platforms concerning the new tax regime. In a recent clarification, the Ministry emphasized that there are no fresh changes in tax rules coming into force from April

Finance Ministry announces new income tax slab changes effective from today. Read More »

Maldives president tones down anti-India rhetoric.

Maldives president tones down anti-India rhetoric.

March 23, 2024 / Events, International Relations, Investing, News, Politics /

Maldives president tones down anti-India rhetoric. Muizzu expressed hope for Indian debt relief and conveyed appreciation for India’s contributions. Maldives President Mohamed Muizzu appears to have adopted a reconciliatory stance towards India after his earlier anti-India rhetoric, emphasizing that India remains the Maldives’ “closest ally” and urging New Delhi to extend debt relief to the

Maldives president tones down anti-India rhetoric. Read More »

"Overview of UAE's implementation of global minimum tax."

“Overview of UAE’s implementation of global minimum tax.”

March 21, 2024 / Banking, Education, Finance, International Relations, Investing, News, Politics /

“Overview of UAE’s implementation of global minimum tax.” “The UAE Ministry of Finance (MoF) is holding a digital public consultation to seek feedback on implementing the global minimum tax (GMT) and other tax matters.” The UAE Ministry of Finance (MoF) has initiated a digital public consultation period from March 15 to April 10, 2024, inviting

“Overview of UAE’s implementation of global minimum tax.” Read More »