[ad_1] Finance Minister Nirmala Sitharaman is likely to present Budget 2024-25 on July 23. (Image: PTI) Once these PSUs are included under the Section, the investors buying their bonds will be exempted from capital gains tax and the interest rates of such bonds are much lower than in the bond market The upcoming Union Budget…
[ad_1] The range of projections for India for the current fiscal year is between 7.2 and 6.2 per cent, NCAER said. (Representative image) The range of projections for India for the current fiscal year is between 7.2 and 6.2 per cent, NCAER said. India’s economy will grow higher than 7 per cent, even closer to…
[ad_1] Check out the companies making headlines in midday trading: Rivian Automotive — The stock surged more than 20% following the announcement that the electric vehicle startup secured a $5 billion investment from Volkswagen Group. Volkswagen’s initial investment will be $1 billion in the form of a convertible note, with the additional $4 billion expected…
[ad_1] They aim to complete the implementation in 2 years. As per Nitin Gadkari, the NHAI will observe record earnings from the country’s highway network. On Tuesday, Union Transport Minister Nitin Gadkari revealed that the government is ending the toll. They aim to introduce a new satellite-based toll collection system, increasing the funds by Rs…
[ad_1] The decline in crorepati employees at Infosys and Wipro have been reported due to a post-pandemic slowdown in tech services demand. Infosys sees a 16 per cent fall in the number of employees earning over Rs 1 crore from 123 in FY22 to 103 at the end of FY24, while Wipro’s crorepati employees decrease…
[ad_1] How’s your 401(k) looking? A new report shows Americans are saving more, but probably need to do even more. Vanguard has released its annual report, How America Saves 2024. Vanguard and Fidelity are the two biggest sponsors of 401(k) plans, and this is a snapshot of what nearly five million participants are doing with their money. …
[ad_1] A Reuters report claims that Foxconn has been excluding married women from assembly jobs at its Sriperumbudur iPhone assembly plant in Tamil Nadu. Reports of Foxconn Rejecting Married Women From Jobs: The Labour Ministry says the state government is the appropriate authority for the enforcement of Equal Remuneration Act, hence the report has been…
[ad_1] Bing Guan | Bloomberg | Getty Images Morgan Stanley is pushing further into its adoption of artificial intelligence with a new assistant that is expected to take over thousands of hours of labor for the bank’s financial advisors. The assistant, called Debrief, keeps detailed logs of advisors’ meetings and automatically creates draft emails and…
[ad_1] Luxury real property in India is heading towards a blend of sustainability, technology and traditional methods. (Representative image) The alignment of luxury real estate with environmental consciousness caters to a new segment of homeowners who are not just aware of their taste, but are also conscious of their impact on the environment Written By…
[ad_1] Check out the companies making headlines before the bell. Rivian Automotive — Shares of Rivian Automotive skyrocketed more than 40% after the electric vehicle company secured up to $5 billion in funding from Volkswagen Group. The initial investment totals $1 billion, with another $4 billion expected by 2026. A so-called short squeeze added fuel…
