You Searched For "asset purchase" and got 20 results
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2 mins read
IT department declares 363 as cost inflation index for current fiscal
The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…
PTI
1 min read
The EU is pushing for Ukraine to see profits from frozen Russian assets as soon as July
Proceeds generated by Russian assets stuck in the EU could soon be used to by weapons for Ukraine, …
Filip De Mott
2 mins read
MicroStrategy's massive debt-fueled bitcoin purchases could make a future downturn worse, JPMorgan says
"Purchases by MicroStrategy add leverage and froth to the current crypto rally and raise the risk o…
Filip De Mott
1 min read
Elon Musk claimed Teslas would appreciate in value post-purchase, but predictably, they've lost value
Elon Musk once claimed that his Tesla cars are an "appreciating asset" that would gain value after …
Katie Balevic
2 mins read
Profits from frozen Russian assets should be used to help buy weapons for Ukraine, European Commission head says
There's "no greater use for that money than to make Ukraine and all of Europe a safer place to live…
Filip De Mott
3 mins read
Have foreign assets or income? Not disclosing it may lead to heavy penalties
Recently, the IT Appellate Tribunal of Mumbai imposed a penalty of ₹10 lakh per year on taxpayers w…
3 mins read
Keen on multi-asset investing via commodities? Here’s all you need to know
In a volatile and evolving economic scenario, multi-asset investing via commodities like gold and s…
1 min read
Michael Saylor's MicroStrategy makes its biggest bitcoin purchase in years as Wall Street grows more bullish
The software firm added $593.3 million worth of bitcoin in November, as Michael Saylor looks to acq…
Filip De Mott
2 mins read
Coal India embarks on overseas acquisition of critical mineral assets
In a bold move to diversify its operations and integrate further into the value chain, Coal India L…
PTI
2 mins read
Mohamed El-Erian says the Fed's timetable for tapering is slow and could be 'problematic' for economic stability
"I can see them delay," El-Erian told CNBC. "Clearly not September now. November will be tricky. Ma…
Isabelle Lee
2 mins read
The IMF is predicting more pain for global stocks as central banks tighten monetary policy
"We could certainly see further tightening of financial conditions," the IMF told CNBC. "Risk asset…
Isabelle Lee
2 mins read
The Fed hints it'll start reining in pandemic-era stimulus later this year
Most policymakers agreed the Fed could start shrinking its emergency asset purchases later this yea…
Ben Winck
2 mins read
Mohamed El-Erian says some Fed officials might regret unwinding stimulus so slowly, considering inflation is soaring
"Markets can handle the Fed easing its foot off the stimulus accelerator," he said after the centra…
Shalini Nagarajan
3 mins read
The Fed is fed up with inflation and it's going to unwind its pandemic aid sooner than planned
The central bank signaled Wednesday it will raise interest rates three times in 2022. The Fed's fig…
Ben Winck
1 min read
A plot of virtual land that went for $4.3 million in The Sandbox is the most expensive metaverse property sale ever
The new record broke the one set just last week by Metaverse Group, which bought digital land for 6…
Carla Mozée
2 mins read
Mohamed El-Erian says the stock market won't react to tapering speculation until the Fed's 'Big 3' starts to take it more seriously
"So as long as the 'Big Three' aren't saying it, the market is not going to be listening to anythin…
Isabelle Lee
2 mins read
The Federal Reserve will start shrinking its pandemic aid later in November, signaling new priorities for the central bank
With the recovery seeming to move past the Delta wave and inflation proving sticky, the Fed is like…
Ben Winck
3 mins read
The Fed didn't just make America's rich richer during the pandemic. The world's wealthy class got a boost.
Global stocks and home prices are soaring, unlike the Great Recession. It shows how the Fed's quant…
Ben Winck
2 mins read
Why Jerome Powell's business-as-usual Jackson Hole speech was the best possible outcome
Powell's speech didn't make waves, but that lack of any surprises helped stocks hit records and rea…
Ben Winck
2 mins read
Bank of America projects the Fed will taper asset purchases in November, ahead of earlier projections of 2022
The Fed has been buying $120 billion a month of US bonds and mortgage-backed securities since last …