Every rupee collected is accounted for so it doesn’t get frittered away: FM Sitharaman
The government, under Prime Minister Narendra Modi, accounts for every rupee collected so that it doesn’t get frittered away and common people benefit from the work it is doing, Union Finance Minister Nirmala Sitharaman said here on Saturday. Addressing students at an event,
Amazon CEO Andy Jassy denies office return mandate is a ‘backdoor layoff’ strategy
Amazon CEO Andy Jassy recently addressed concerns from employees regarding the company’s new five-day office return policy, firmly denying speculation that it was a covert attempt to reduce headcount or appease city governments. “I can assure you that neither of those things are
Personal finance insights: Market sentiments, investment strategies & economic trends
Dr K C Gupta, YBB Personal Finance SENTIMENTSAAII Bull-Bear Spread +8.6% (above average)$NYA50R, NYSE %Above 50-dMA 45.51% (negative; sharp drop)$SPXA50R, SP500 %Above 50-dMA 49.20% (negative; sharp drop)Delta MSI 65.8% (positive; lagging) ICI Fund Allocations (Cumulative)OEFs & ETFs: Stocks 61.02%, Hybrids 4.40%, Bonds 17.85%,
South Korea seeks close communication with Trump for deeper economic ties
Foreign Minister Cho Tae-yul said on Thursday that the government will make efforts to closely communicate with people close to US President-elect Donald Trump to further deepen ties with Washington. Cho made the remarks after the Republican candidate and former U.S. president won
Make Google a ‘trusted source’ in US election: Sundar Pichai to employees
As the White House race entered the crucial counting stage, Alphabet and Google CEO Sundar Pichai told employees to ensure that “the products we build” are “a trusted source of information to people of every background and belief.” In a memo to employees,
Indonesia seeks 120 million USD in investment by 2025
Indonesia aims to secure an investment of 120 million US dollars by 2025 to bolster its national economy, Minister of Investment Rosan Roeslani said on Monday. “The investment target for next year is around 120 million dollars for both foreign and domestic investments,”
Indian stock market opens flat, all eyes on US election
The Indian stock market opened flat on Tuesday as buying was seen in metal, auto, IT, PSU bank, and pharma sectors during early trade, with investors turning their attention to the closely fought US election. The Sensex was trading at 78,714.02 after slipping
E-commerce platforms see over Rs 1 lakh crore worth sales in India festive season
As private consumption surges in smaller cities and towns in India, driven by high pent-up demand and a wave of premiumization, e-commerce platforms registered more than Rs 1 lakh crore in gross merchandise value (GMV) during the month-long festive season. According to industry
PM Vishwakarma Scheme makes headway with 2.58 crore artisans on board
The Centre’s PM Vishwakarma Yojana, aimed at uplifting traditional craftspeople and artisans such as carpenters, masons, and tailors, has made considerable progress with 2.58 crore applications submitted so far. Of these, 23.75 lakh applicants have been successfully registered to receive benefits under the
India’s Forex Reserves Reach $684.8 Billion, Gold Reserves Increase
In the week ending October 25, India’s foreign exchange reserves fell by $3.46 billion, bringing the total to $684.8 billion, as reported by the Reserve Bank of India (RBI) amid ongoing selling pressure in the stock market by foreign institutional investors (FIIs) and
Why & when to get Medicare?
Dr K C Gupta, YBB Personal Finance Many keep working until the MEDICARE health insurance kicks in & then retire. But rules are complex & serious mistakes can be made with consequences of lifelong penalties. So, pay attention to these details. The Medicare
PM Modi to Kick Off Two-Day Gujarat Visit Today, Launching Projects Worth Over Rs 280 Crore
Prime Minister Narendra Modi is set to embark on a two-day visit to Gujarat, where he will inaugurate and lay the foundation for various infrastructure and development projects exceeding Rs 280 crore in Ekta Nagar, Kevadia on Wednesday. These initiatives aim to enhance
New dollar bills announced in U.S.: timeline and security updates
By: Avi Verma MD(h)In an effort to combat counterfeiting and strengthen the security of U.S. currency, the Federal Reserve and the Bureau of Engraving and Printing are embarking on a nationwide redesign of all dollar bills. This extensive project, backed by the Advanced Counterfeit
India outpaces US in IPO listings with 36% global share in July-September period
India has emerged as a dominant force in the global IPO market, capturing 36% of total listings in the third quarter of 2024, significantly outpacing the US, which held a 13% share, according to a report released by EY India. The impressive performance
Global Chip Revenue Projected to Grow 14% to Reach $717 Billion by 2025
Global semiconductor revenue is expected to increase by 14% to $717 billion in 2025, up from $630 billion this year, according to a report released on Monday. In the short term, growth in the memory market and graphics processing units (GPUs) will drive
Crorepati taxpayers in India increased fivefold to 2.2 lakh in the last decade
The number of crorepati taxpayers in India has surged fivefold to 2.2 lakh in the income tax assessment year (AY) 2024, compared to AY 2014, according to a new report. Over the past decade, the total number of taxpayers rose by 2.3 times
IT Ministry Urges Social Media Platforms to Address Hoax Bomb Threats to Airlines
In response to a surge in hoax bomb threats targeting airlines, the Indian government has instructed social media intermediaries, including platforms like X (formerly Twitter) and Meta, to take immediate action against the dissemination of misinformation that disrupts public order and compromises state
Personal finance insights: Market sentiments, investment strategies & economic trends
By: Dr K C Gupta, YBB Personal Finance SENTIMENTS AAII Bull-Bear Spread +20.1% (above average)$NYA50R, NYSE %Above 50-dMA 73.98% (overbought)$SPXA50R, SP500 %Above 50-dMA 77.20% (overbought)Delta MSI 79.5% (overbought) ICI Fund Allocations (Cumulative)OEFs & ETFs: Stocks 61.04%, Hybrids 4.45%, Bonds 17.89%, M-Mkt 16.63% INTEREST
Mankind Pharma Completes Acquisition of Bharat Serums and Vaccines for ₹13,768 Crore
Mankind Pharma announced on Wednesday that it has finalized the acquisition of Bharat Serums and Vaccines Limited (BSV) for ₹13,768 crore. This acquisition positions Mankind Pharma as a leader in the Indian women’s health and fertility drug market, while also granting access to
No Country Can Ignore India: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman emphasized that India’s growing influence makes it impossible for any country, whether the US or China, to overlook its significance on the global stage. Speaking at a panel discussion titled “Bretton Woods Institutions at 80: Priorities for the