Finance Minister Nirmala Sitharaman is likely to conduct the upcoming pre-budget consultations with industry stakeholders on Thursday, June 20, 2024. The budget for 2024-25 fiscal is likely to be presented in Parliament in the second half of July. Industry sources told news agency PTI that the pre-budget consultation with the finance minister would be preceded…
Among the 30 Sensex companies, Reliance Industries, Bharti Airtel, UltraTech Cement, Sun Pharma, Adani Ports, Axis Bank, NTPC and Bajaj Finance were the biggest gainers. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty ended at their fresh all-time high levels on June 26 in tandem with a rally in Asian peers and…
Code red: The economic agenda of U.S. President Joe Biden, is ‘vastly superior’ to Mr. Trump’s, the economists claim. | Photo Credit: Reuters Sixteen Nobel prize-winning economists signed a letter on Tuesday warning that the U.S. and world economy will suffer if Republican Presidential candidate Donald Trump wins the U.S. Presidential election in November. The jointly-signed…
Das started his financial planning journey in 2020, but he was not a first-time investor. “I had made my first mutual fund investment in 2012 and kept making investments here and there, even in some stocks. However, I had to withdraw nearly all my investments in 2016 to cover my wife’s medical emergency and make…
Gold was down 0.3 per cent whereas silver was up 0.3 per cent last week as they closed at $2,327 and $30.4 per ounce respectively on Friday. But in the domestic market futures of both metals gained. On the MCX, gold and silver futures was up 0.4 per cent and 1.1 per cent as they…
Domestic markets are expected to open on a flat to negative note on Monday. According to analysts, there is a lack of triggers to keep the market on sideways while select counters will see action today. Also read: Stock to buy today: Bombay Dyeing & Manufacturing Company (₹211.05): BUY Gift Nifty at 24,125 against Nifty…
The upcoming Union Budget is expected to propose changes in the tax treatment of income from futures and options (F&O) segment with an aim to discourage retail participation in the derivatives trading, a report said. Along with various options, the government is said to consider moving income from F&O trading from the head of ‘business…
On Tuesday, the Rupee appreciated four paise and settled at 83.43 against the greenback. The Rupee depreciated 17 paise against the U.S. dollar and settled at 83.60 (provisional) on June 26, weighed down by the strength of the American currency in the overseas market and elevated crude oil prices. “However, a firm trend in domestic…
A security guard’s reflection is seen next to the logo of the Reserve Bank Of India (RBI) at the RBI headquarters in Mumbai. The RBI released the 29th issue of Financial Stability Report on June 27, 2024. | Photo Credit: Reuters The Indian economy and the financial system remain robust and resilient, anchored by macroeconomic…
Banking has undergone a profound change recently due to the advent of the internet and smartphones, completely transforming how we handle our financial affairs. Banks are increasingly employing smart technologies to enhance the convenience and accessibility of automated teller machine (ATM) withdrawals, particularly for individuals who may prefer alternatives to card-based transactions. Here are a…
