[ad_1] US stocks edged higher on Monday, ahead of a Federal Reserve interest rate decision and Big Tech earnings. At the opening bell, the Dow Jones Industrial Average rose 76.37 points, or 0.19%, to 40,665.71. The S&P 500 was higher by 17.45 points, or 0.32%, at 5,476.55, while the Nasdaq Composite gained 86.51 points, or…
[ad_1] Next week, the focus of Wall Street investors will be on the US Federal Reserve’s monetary policy decision and Chair Jerome Powell’s press conference. The central bank is widely expected to hold the interest rate steady. Among the earnings, the four companies from the ‘Magnificent 7’ — Microsoft, Meta Platforms, Apple, and Amazon —…
[ad_1] Recently, I was talking to a relative who has a 3-year-old daughter. Being an investment advisor, many of the general conversations with extended families tend to steer towards investments. This relative of mine told me that he is investing ₹1.5 lakh yearly in the Sukanya Samriddhi Yojana account for his daughter’s future. I asked…
[ad_1] With the new rules effective from 23 July, the shift from a 20% LTCG tax rate with indexation benefits to a reduced rate of 12.5% without indexation could dramatically increase your tax burden from property sales, especially for those who have seen modest appreciation in their investments. As the real estate markets grapple with…
[ad_1] Real estate transactions had enjoyed lower effective tax rates due to indexation benefits that adjusted for inflation before levies were made. With the union budget removing indexation benefits across asset classes, a higher appreciation in property prices would actually reduce the tax payout for real estate investors. If the returns are higher, the new…
[ad_1] In life, nothing comes for free. After Tuesday’s budget, add taxation relief. Take the changes in India’s tax regime for capital gains. While investors now have rules that are somewhat easier to recall, thanks to greater uniformity in rates across asset classes and the time limit beyond which assets qualify as having been held…
[ad_1] Earlier this year in January, the Reserve Bank of India’s flexible inflation targeting framework completed a decade as the primary determinant of Indian monetary policy. Informally adopted in January 2014 and officially in 2016, the framework has been the subject of considerable debate over the last few years. There really are two branches to…
[ad_1] Drilled down to its basics, a budget, whether of the government or a household, is essentially the same. It must balance expenditure on one hand with receipts or income on the other. But there is one key difference. Governments have an inalienable right to print money. So while anyone may borrow to spend in…
[ad_1] The Nasdaq and the S&P 500 rebounded on Thursday, as megacap and chip stocks regained ground. At the opening bell, the Dow Jones Industrial Average fell 41.52 points, or 0.10%, to 41,156.56. The S&P 500 was higher by 20.29 points, or 0.36%, at 5,608.56, while the Nasdaq Composite gained 122.23 points, or 0.68%, to…
[ad_1] Wall Street: US stock indices declined on Wednesday, with major chip and tech stocks leading the fall. At the opening bell, the Dow Jones Industrial Average fell 91.91 points, or 0.22%, to 40,862.57. The S&P 500 was lower by 57.13 points, or 1.01%, at 5,610.07, while the Nasdaq Composite dropped 321.15 points, or 1.74%,…
