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6 mins read
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…
2 mins read
Tesla's still not making big profits and probably won't for years but analysts and investors still love it
The analysts still bullish on Tesla said they're looking at the long run. Quarterly hiccups won't d…
Shubhangi Goel
2 mins read
Sensex climbs 640 points; Nifty tops 22,300-level in early trade
From the Sensex basket, UltraTech Cement, Axis Bank, Bajaj Finance, Larsen & Toubro, Tata St…
PTI
2 mins read
The latest stock market crash wasn't a fluke, and it signals more trouble coming for the economy, investor Mark Mobius says
It's a good time for investors to have at least 20% of their portfolio on the sidelines, according …
Jennifer Sor
4 mins read
Foreign investors dump Indian equities on rising fears of more rate hikes by central banks
Indian stocks have outperformed several other emerging markets since March this year, as foreign po…
1 min read
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
2 mins read
Trump's plan to hike tariffs instead of raising taxes could cause the 'mother of all stagflations,' policymakers warn
The Treasury secretary, Janet Yellen, and her predecessor Larry Summers called out Trump's plan to …
Filip De Mott
1 min read
More interest-rate hikes aren't off the table yet, Fed president says
"If we get surprised by the data, then we would do what we need to do," Neel Kashkari said during a…
Filip De Mott
2 mins read
Recession is coming and a raft of companies will fail, warns elite investor Jeffrey Gundlach
DoubleLine's Jeffrey Gundlach said a recession looks likely as the economy shows cracks, and steep …
Theron Mohamed
2 mins read
Planet Fitness is ditching the $10 membership it has had for 26 years, and hiking basic prices by 50%
Planet Fitness had held the price of its Classic Card membership at $10 for 26 years, which would b…
Grace Dean
2 mins read
'Black Swan' investor sees the S&P 500 jumping another 12% — followed by the worst crash since 1929
Universa's Mark Spitznagel expects a "face-ripping rally" for stocks before the bubble bursts, trig…
Theron Mohamed
2 mins read
FPIs reverse selling trend ; invest Rs 378 crore in equities in Nov
Foreign Portfolio Investors (FPIs) have pared their bearish stance on Indian equities during Novemb…
PTI
2 mins read
The biggest victim of Fed rate hikes is the US government as interest on massive debt soars, billionaire investor Barry Sternlicht says
Higher rates mean the government has to pay more money to service its $33 trillion mountain of debt.
Aruni Soni
3 mins read
Stock market today: Indexes mixed after Fed meeting as Powell calms nerves over possible hike
The Federal Reserve's next policy move is "unlikely" to be a rate hike, Chairman Jerome Powell said…
Jennifer Sor
2 mins read
Billionaire investor Bill Ackman says Fed rate hikes are likely over but warns a 'big threat' still looms
"High mortgage rates, high car rates, high credit card rates — they're starting to have an impact o…
Aruni Soni
2 mins read
Brace for another Fed rate hike thanks to a 'problematic' surge in oil prices, billionaire investor Jeff Gundlach says
The US central bank will likely increase interest rates again as higher oil prices fan inflation ri…
Zahra Tayeb
2 mins read
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
2 mins read
McDonald's says its price hikes are putting off some customers
The fast food giant said that low-income diners are placing smaller orders and dining out less ofte…
Grace Dean
2 mins read
US stocks fall as investors prepare for another interest rate hike from the Fed
Regional bank stocks were crushed on Tuesday, with the S&P Regional Banking ETF falling more than 6…
Matthew Fox
2 mins read
FPIs investment in debt market hits 2-yr high at Rs 12,400 crore in Nov
Foreign Portfolio Investors (FPIs) have infused about Rs 12,400 crore into the Indian debt markets …