A trader based in London, Navinder Singh Sarao was detained on April 21, 2015, on suspicion that his company, Nav Sarao Futures Limited PLC, had something to do with the May 2010 “Flash Crash,” which saw the Dow Jones Industrial Average drop 600 points in only five minutes. Authorities in the UK accused him of …
Who is Navinder Singh Sarao? Hound of Hounslow, ‘Flash crash’ trader Read More »
The parent company of Facebook, Meta Platforms, announced its first dividend and released strong financial results on Friday, resulting in the largest one-day gain in Wall Street history—a $196 billion increase in the company’s stock value. Just a few years ago, the owner of Facebook experienced the largest loss of market value in the history …
The Paytm payments bank subsidiary has been directed by the RBI to stop taking new deposits into its popular wallets and accounts as of March 1. The utility of Paytm’s UPI services in the future has been questioned in light of this development. Users of Paytm are unsure about what will happen to their accounts …
After RBI’s Action Will Paytm sustain in the Indian Market? Read More »
On February 1, Union Finance Minister Nirmala Sitharaman gave a presentation of her sixth budget. In advance of the general elections later this year, this was an interim budget. The Interim Budget 2024 preserved fiscal consolidation and continued capital expenditures while emphasizing the empowerment of women and youth.
In the Indian context, there are two separate financial exercises: the Union Budget and the Interim Budget. Usually released in February, the Union Budget is the government’s complete yearly financial statement outlining its earnings and expenses for the next fiscal year. In contrast, the government releases an interim budget, which is a short-term financial plan, …
Difference between Interim Budget & Union Budget Read More »
In order to plan a proper financial strategy, people and businesses need to understand new policies in this constantly changing financial circumstances. With the help of this practical guide, you will be able to take advantage of opportunities, make wise judgements, and maintain tax efficiency even in the face of changing tax laws. Consider that …
Actionable Insights for Tax Planning in Light of Budget 2024 Read More »
On February 1, 2024, Nirmala Sitharaman, the finance minister, will release the Interim Budget 2024. Every sector of the economy has expectations from the Budget, as usual. TAXATION REFORMS: In Budget 2024, taxpayers expect significant tax improvements in the form of easy procedures and lower personal income tax rates, which they hope would provide relief. …
Due to a one-time charge, Netflix’s (NFLX) fourth-quarter revenue was slightly below expectations, despite the company reporting better-than-expected revenue overall. For the quarter, the company’s net income was $938 million, or $2.11 per diluted share of revenue. These amounts were just less than the $983.9 million, or $2.25 per diluted share, that Visible Alpha’s panel …
Subscriber Surge Powers Netflix to Top Q4 Revenue Read More »
The Indian stock market’s projected value reached $4 trillion on December 5, marking a first for the market. To state, strong profits made by the corporate sector, slow but increasing rate of investors in India, regular operations by the foreign institutional investors (FII), and strong domestic macroeconomic fundamentals are all the factors that contributed to …
India Overtakes Hong Kong to Become World’s Fourth-Largest Stock Market Read More »
In 2024, financial planning will require you to optimize your tax strategy. The top ten tax-saving suggestions are as follows: Invest in Tax Saving Schemes: Investing in tax-saving plans such as National Pension System (NPS), Public Provident Fund (PPF), and Equity-Linked Savings Schemes (ELSS) might yield twofold advantages. Not only do these investments offer potential …
