The trends on Gift Nifty also indicate a flat-to-positive start for the Indian benchmark index. The Gift Nifty was trading around 23,020 level, a premium of nearly 20 points from the Nifty futures’ previous close. On Monday, the domestic equity benchmark indices ended flat after hitting their fresh record highs. The Sensex eased 19.89 points … Read more
Different platforms are making it easier for investors to invest in this asset class. There are three main ways to invest in solar as an asset class. Also Read: Avaada Energy secures 1,050 MWp solar power project from NTPC LLPs Here’s a small example of how solar investing works if you are investing in solar … Read more
Oil prices saw a slight increase in subdued trading due to public holidays in Britain and the United States. This followed a week marked by concerns over U.S. interest rates amidst persistent inflation. The Brent crude July contract rose by 76 cents to $82.88 per barrel by 1411 GMT, while the more active August contract … Read more
I am an engineer working in Saudi Arabia and have been repatriating my income to India via remittances to my Non-Resident External (NRE) account. How do I report my remittances in the income tax return (ITR)? —Jaydip Patel The Indian income tax law does not tax incomes that have been earned by a non-resident … Read more
The Indian stock market would experience a significant adverse reaction if the Bharatiya Janata Party (BJP) secures less than 250 seats in the Lok Sabha elections, ace investor and author Ruchir Sharma told India Today in its Pop-up Conclave in Mumbai. Sharma, the Chairman of Rockefeller International, commented while answering a question about the impact … Read more
For any taxpayer in the higher tax bracket, computing the correct income and filling up the income tax return without any mistakes is a challenging task. While doing so, it is common for a taxpayer to make some mistake or the other. If you realize later on, after having filed your income tax return, that … Read more
Shares of Finolex Cables surged over 25 percent in 2 sessions after the company posted better-than-expected results for the quarter ended March 2024 (Q4FY24). The stock jumped as much as 11.7 percent in intra-day deals on Monday to its record high of ₹1,433. This is the second consecutive session in which the stock hit a … Read more
Financial investments are often planned around life goals — you could be investing to fund your children’s education, for retirement, or to meet other short-term goals like buying a home, etc. They are also made to secure your loved ones, in case something were to happen to you. But, very often primary caregivers end up … Read more
CAN PRIVATE companies pushing forward the frontier of a revolutionary new technology be expected to operate in the interests of both their shareholders and the wider world? When we were recruited to the board of OpenAI—Tasha in 2018 and Helen in 2021—we were cautiously optimistic that the company’s innovative approach to self-governance could offer a … Read more
In the holiday-shortened week ahead on Wall Street, focus of investors will be on the US Federal Reserve’s preferred inflation gauge – the core personal consumption expenditure (PCE) price index, and few major earnings that include Dell, Best Buy, and Costco. The core PCE data has the potential to influence the markets. The US stock … Read more