[ad_1] Expert view: Puneet Sharma, the CEO and fund manager at Whitespace Alpha, believes that while a correction of more than 10 per cent is not the most likely scenario, it is within the realm of possibility, primarily due to global factors such as a sharp slowdown in global economic growth or a major geopolitical…
[ad_1] The US Federal Reserve has moved mountains to control inflation, which in July fell below 3% for the first time since 2021. Unfortunately, the Fed finds itself working at cross purposes with the US Treasury, whose debt-issuance strategy has been providing backdoor interest-rate cuts, keeping inflation above the Fed’s target range. By shortening its…
[ad_1] By Lawrence Delevingne and Huw Jones -Global shares idled on Wednesday after a lengthy rebound propelled them towards recent record highs, and as investors awaited clues on interest-rate cuts from the Federal Reserve to decide their next move. Fed Chair Jerome Powell is expected to further cement the view that the central bank is…
[ad_1] The sovereign gold bond was conceptualised as an instrument which could kill two birds with one stone. It would partially satisfy Indian investors’ demand for gold, which has to be imported, and help fund the central government’s borrowing needs at a low interest rate. However, sovereign gold bonds (SGB) have turned out to be…
[ad_1] US stock indices were flat on Monday ahead of Jackson Hole Symposium later this week. At the opening bell, the Dow Jones Industrial Average rose 11.1 points, or 0.03%, to 40,670.83. The S&P 500 rose 3.0 points, or 0.05%, to 5,557.23, while the Nasdaq Composite rose 18.0 points, or 0.10%, to 17,649.741. [ad_2] Source…
[ad_1] Focus of Wall Street investors’ in the week ahead will be primarily on the Jackson Hole Economic Symposium to be held from August 22 to 24 inWyoming. Global central bank officials, including Federal Reserve Chair Jerome Powell, will speak at the symposium. The event will also see the participation from economists, financial market leaders…
[ad_1] US stocks opened lower on Friday after weak housing starts data. At the opening bell, the Dow Jones Industrial Average fell 34.2 points, or 0.08%, to 40528.86. The S&P 500 fell 12.7 points, or 0.23%, to 5530.5, while the Nasdaq Composite dropped 78.1 points, or 0.44%, to 17516.404. Oil prices tumbled by more than…
[ad_1] In response, the government partially restored the benefits to a segment of taxpayers. However, as the FM has promised re-visiting and simplifying the entire structure of direct taxes, it is worth taking a closer look at these issues. Indexation in capital gains was first introduced in the 1992-93 Budget, when the FM then had…
[ad_1] Medical inflation ranges from 15% to 45% compared with normal inflation of 6-8% per annum. With more people falling prey to lifestyle diseases, retirees have to deal with the astronomical costs of medical treatment for not only themselves but their spouses as well. Spending on the healthcare sector has increased tremendously in the past…
[ad_1] Two gentlemen who should have found a mention in the museum’s exhibits are Isaac Newton and Thomas Gresham, both intricately linked to how money has evolved over the years. Newton, other than playing a key role in the scientific revolution, was also the Master of the Royal Mint from 1699 until his death in…
