0 New Tax Regime Vs Old Tax Regime: The Centre in the July Union Budget introduced some changes in the new tax regime, increasing Standard Deduction by Rs 25,000 to Rs 75,000 and tweaking the slab. There are no changes made in the old tax regime, which offers taxpayers benefits in form of deductions and
FE Connect The elements of efficiency, operational excellence and agility are core to any business function and in times when every root and branch of an organisation has to be aligned to ensure stellar outcomes, leveraging technology becomes crucial. Sharing thoughts, swapping ideas and brainstorming on this, CFOs and finance heads from a diverse and
MakeMyTrip on Monday announced that it has signed a Business Transfer Agreement to acquire Happay Expense Management Platform from CRED. This acquisition, it said, reinforces MakeMyTrip’s commitment to becoming the go-to platform for comprehensive corporate travel and expense management solutions. As part of the agreement, Happay brand, its expense management business, and its dedicated team
ONGC Green Limited (OGL), a wholly owned subsidiary of Oil and Natural Gas Corporation (ONGC) and NTPC Green Limited, a NTPC Limited subsidiary, announced a 50:50 joint venture to form ONGC NTPC Green Private Limited (ONGPL). “It is hereby informed that a Company – ONGC NTPC Green Private Limited (ONGPL), has been incorporated on 18.11.2024
By Ajit Mishra The markets resumed their corrective trend after a brief period of consolidation, shedding over two and a half per cent for the week. Despite a flat opening, pressure from heavyweight stocks pushed the benchmarks lower, resulting in a muted session to close out the week. Mounting concerns over rising CPI inflation and
By Anand James Long to to-short ratio of FIIs’ index futures is still at the lowest this month, as of Friday. These are near historical extremes but have not yet triggered a reversal as the total positions have not been sizable enough, when compared to October, to force an urgency. We had noted the same
Monday blues for city gas distributor companies. Shares of CGD companies slumped after the government cut the Administered Price Mechanism gas allocation by 20% for the second month in a row. The stock of Indraprastha Gas tanked 20% to Rs 324.40, closing the session near its fresh 52-week low of Rs 323.10. The stock of
The Congress party on Monday accused the ruling Mahayuti government in Maharashtra of fast-tracking approvals for the Adani Group projects following the announcement of state Assembly Elections. Congress General Secretary Jairam Ramesh pointed out that recent comments from senior Mahayuti leaders have made it clear why the government is pushing these approvals. In a post
Gold pierced through the psychological milestone of $3,000 an ounce on Friday for the first time, building on an historic rally as trade tensions and U.S. rate cut bets supercharge its appeal as a safe haven asset. Spot gold was up 0.4% at $3,000.39 an ounce at 1031 GMT. Prices have scaled 13 all-time highs
Asia shares rose on Friday and global markets attempted a rebound after a brutal selloff earlier in the week, while gold reached a record as the latest escalation of global trade tensions left nervous investors seeking safe-haven assets. Relief over the likely aversion of a US government shutdown boosted stocks in Asian trade, after Senate
When it comes to amassing vast wealth, the general perception is that billionaires are just lucky. But the reality is different. Billionaires invest very wisely to grow their wealth. Their strategies are so effective that not only do they increase their wealth, but they also do not have to pay much tax. Let’s know what
After a brief lull in big-ticket IPOs, the Indian stock market is gearing up for another major listing – this time from a household name in consumer electronics. After Hyundai Motors India made waves last year, another South Korean giant, LG Electronics India, is ready to debut on the Indian stock exchanges. The consumer electronics
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on March 14 in observance of Holi. Trading in equities, derivatives, SLBs, currency derivatives, and interest rate derivatives will remain suspended for the day. The commodity derivatives segment will also be shut during the morning session from 9:00 am to 5:00
