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Fund allocations to key sectors and schemes hiked in budget
The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cen…
ANI
Oregon lawmakers oppose a corporate tax hike to fund a $1,600 annual universal basic income. But voters will decide.
A bipartisan coalition of Oregon lawmakers is fighting a ballot measure that would hike corporate t…
Katie Balevic
Reliance Jio and Airtel price hike – new plans and how you can save money
Reliance Jio on Thursday announced a price hike, increasing the prices of its plans by up to 25%. F…
Deep rate cuts are necessary because the Fed's unprecedented hikes actually made inflation worse, Nobel-winning economist says
The Fed's higher borrowing costs discouraged home building, adding inflation pressure, Joseph Stig…
Filip De Mott
Japan got so spooked by Monday's market meltdown that it's now playing cool on more interest-rate hikes
Some analysts blamed the August 5 market meltdown on recent Japan's rate hike that tipped markets o…
Huileng Tan
Disability affairs department receives hike of 0.02%, allocated Rs 1,225 crore in budget
The Department of Empowerment of Persons with Disabilities has been allocated a total of Rs 1,225.2…
PTI
Govt hikes funds for tea development, promotion by 82% to ₹528.97 cr for 2024-26
The outlay for the Tea Development and Promotion Scheme has been increased by 82 per cent to Rs 528…
PTI
Budget 2024-25: New tax regime sweetened by FM, hikes standard deduction to Rs 75,000
More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…
Hedge funds are dusting off an old strategy to help reverse a fundraising slump, but it comes with a risk
When investing, how would you like to have your cake and eat it too? That's the idea of an old-turn…
Dan DeFrancesco
Rupee slips to all-time low of 83.72 against US dollar; Fall sparked by tax rate hike on capital gains, per traders
Forex traders said the fall in the domestic unit came on the heels of a significant downturn in the…
PTI
US Fed says further interest rate hike unlikely going ahead
US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and …
ANI
Govt ratifies 8.15% interest rate on Employees Provident Fund for 2022-23
The government has ratified the rate of interest at 8.15% rate on deposits under the Employees Prov…
PTI
Bitcoin’s bizarre hike renewed enthusiasm last quarter! What does the future hold for investors?
In the ever-evolving landscape of finance, few phenomena have captured the imagination and attentio…
Bharti Hexacom IPO opens to a tepid response with 34% of the issue subscribed
As much as 34% of Bharti Hexacom’s ₹4,275 crore public offer was subscribed by the end of the first…
RCRS Innovations files draft papers with NSE Emerge to raise funds via IPO
The company manufactures and markets lithium-ion batteries and solar panels under EXEGI brand…
PTI
Why economists who originally expected multiple deep rate cuts in 2024 now say a hike is possible
"We expect, in any case, that the Fed's communications after the FOMC meeting this week will have a…
Matthew Fox
Explained: Is this the right time to invest in long duration debt funds?
With the Nifty surpassing 22,000 and the Sensex above 73,000, the bulls are making merry on Dalal S…
Russia is eyeing big tax hikes after this month's election to pay for the war in Ukraine
Putin is widely expected to coast to reelection, after which Bloomberg reported that the country co…
Yuheng Zhan
Stocks may be at risk as the Fed's rate hikes and bond disposals squeeze valuations, hedge-fund billionaire David Tepper says
Appaloosa's David Tepper expects earnings multiples on stocks to drop, likely because investors can…
Theron Mohamed
Rupee recovers sharply by 10 paise as rate hike fears ease
The rupee recovered from all-time lows to close at 83.30 against the US dollar on Thursday, gaining…