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Expect Rule Simplification In Direct Taxes For Interim Budget 2024, Says Tax Expert Ajay Rotti
Accounting firm EY said in its 2024 budget expectation report that the government could extend the concessional 15% income tax rate for corporates.
Markets Fail To Hold On To Gains, New Triggers In Earnings And Budget
The S&P 500 and the Dow Jones Industrial Average hit new highs yet again on Monday, their 6th record close of 2024. Wall Street is now looking for signals from earnings, including of the big tech companies who have performed spectacularly in recent months
India's Markets Surprise, Back On A Blazing 1241 Point Start To Week
Banking stocks rebounded as well and shot up as the markets appeared to have partly forgiven them their recent weak net interest margin sins, or at least some of it, notably companies like HDFC Bank
Late-Night Food Deliveries Bring Profits For Eateries But At A Cost
A surge in demand for late-night food deliveries prompted QSRs and cloud kitchens to extend their delivery hours. With better utilisation of fixed costs, the exercise seems to be working for them.
Governance Lapses, Murky Books: Behind The Falling Credibility Of Rajesh Exports' Gold Empire
The company's market capitalisation today stands at a little over Rs 10,000 crore, after a value destruction of almost 65% in this financial year.
Foreign Investors Are Buying Indian Debt, Selling Equity
Indian debt is appearing more attractive to foreign Portfolio Investors (FPIs) who sold Indian equities worth Rs 24,700 crore so far this month but bought debt worth Rs 17,120 crore during the period under review, the PTI reported quoting depository data
Low Footfalls But Higher Ticket Prices Made 2023's Huge Box Office Numbers
A report by Ormax on 2023's box office collections found that gross box office collections crossed the Rs 12,000 crore mark in 2023, higher than 2019's pre-pandemic Rs 10,948 crore
Indian Markets Close Marginally Up In A Truncated Week
The markets were weak and somewhat directionless, under pressure from selling from both foreign institutional and domestic investors, with reports suggesting large redemptions in mutual funds.
Finding Happiness Is Key To A Healthy Life
Scientific literature has extensively documented the detrimental effects of negative emotions on the body.
Foreign Institutional Investors Are Selling India And China
India saw its biggest outflow of foreign investor funds in 19 months last week, Bloomberg is reporting. Global funds sold $2.4 billion of Indian shares on a net basis last week, the most since June 2022.
‘D2C Brands Will Get Destroyed:' Private Equity Expert Haresh Chawla On Steep Fees Charged By Online Platforms
Online marketplaces like Amazon or Flipkart charge steep fees and promote those who can pay more, making it difficult for direct-to-consumer brands to survive.
Indian Markets Buck Global Trend, Cracks 1000 Points
The plunge happened in the second half of trade on Tuesday as the BSE Sensex sank 1,668 points from its intraday high of 72,039 after having risen 615 points earlier in the day. It closed 1,053 points down at 70,371
