Starting October 1, 2024, several new income tax rules will come into effect, affecting everything from mutual funds to insurance payouts, government bonds, and futures […]
Category: Short News
China Politburo Unveils Bold Economic Measures: Focus on Fiscal Spending, Real Estate Stabilization, and Income Growth
On September 26, China’s Politburo held a meeting to discuss the country’s current economic situation and plan future economic strategies, according to state media reports. […]
Finance Minister Nirmala Sitharaman Urges AIIB to Expand Non-Lending Services for Low-Income Countries
India’s Finance Minister Nirmala Sitharaman recently called on the Asian Infrastructure Investment Bank (AIIB) to expand its non-lending services, especially for low-income countries. These services […]
Petrol and Diesel Prices May Be Reduced After October 5, According to CLSA
For the first time since March 2024, petrol and diesel prices in India might see a reduction after October 5. This speculation follows comments made […]
China’s Central Bank Cuts Reserve Requirement Ratio to Stimulate Economy
China’s economy is experiencing a slowdown, prompting the People’s Bank of China (PBOC) to take decisive action to stimulate growth. Under the leadership of Governor […]
Waaree Renewable’s Parent Company, Waaree Energies, Gears Up for Rs 3,000 Crore IPO Launch in October
Waaree Energies Ltd, the parent company of Waaree Renewable Technologies, is gearing up for an initial public offering (IPO) in mid-October, according to sources. The […]
Zerodha Revenue Hits Rs 8,320 Crore in FY24, Profit at Rs 4,700 Crore: CEO Nithin Kamath
Zerodha, one of India’s leading stockbrokers, saw its revenue reach ₹8,320 crore in the financial year 2024 (FY24), with a profit of ₹4,700 crore. This […]
EU Investigates Deutsche Boerse and Nasdaq for Potential Antitrust Violations in Financial Derivatives Sector
Deutsche Boerse and Nasdaq are under investigation as the European Union (EU) probes possible antitrust violations in the financial derivatives market, according to Reuters. On […]
RBI’s Regulatory Actions to Curb Credit Growth, S&P Global Forecasts 6.8% India GDP Growth and Rate Cut
S&P Global Ratings has suggested that recent regulatory measures taken by the Reserve Bank of India (RBI) could lead to a slowdown in credit growth […]
U.S. Debt Levels Surge in Q2 2024 Amid High Interest Rates and Inflation
In the second quarter of 2024, U.S. debt levels saw notable increases across various sectors, reflecting the broader economic landscape characterized by persistent inflation, elevated […]
China Allows Funds and Brokers to Use Loans from the PBOC to Buy Stocks
The Chinese government has made an important change by letting funds and brokers borrow money from the People’s Bank of China (PBOC) to buy stocks. […]
NVIDIA CEO Jensen Huang Sells Over 5 Million Shares: A Detailed Look
NVIDIA CEO’s Stock Sales NVIDIA’s stock hit an all-time high this June, coinciding with CEO Jensen Huang selling a significant portion of his shares. According […]