AHMEDABAD: A regulatory tweak by Sebi has opened the door to sizable tax savings for millions of mutual fund (MF) investors, simply by making it easier to gift their units. Tax experts say the reform, which now allows transfer of even statement of account (SOA)-based MF units and not just demat units, removes the biggest…
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NEW DELHI: Cancelling confirmed tickets of newly launched Vande Bharat Sleeper trains will be costlier for passengers, according to new norms notified by the Railways. While a 25% deduction will apply if a ticket booked in this premium train is cancelled anytime after purchasing, a 50% charge will be levied if cancellation is done between…
President Donald Trump speaks with Chief Executive Officer and Chairman of ExxonMobil Darren Woods, left, while Chairman, President and Chief Executive Officer of Marathon Petroleum Maryann Mannen, right, and Tallgrass Energy President and Chief Executive Officer Matt Sheehy, far right, look on during a meeting with oil executives in the East Room of the White…
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Billionaire investor Ray Dalio warned that the U.S. economy has slipped into a stagflationary environment and said it would be a mistake for potential Federal Reserve chair successor Kevin Warsh to lower interest rates. The founder of Bridgewater Associates said persistent inflation pressures alongside slowing growth create a backdrop that demands caution from policymakers. “We…
THIRUVANANTHAPURAM: Kerala education minister V Sivankutty flagged on Sunday reports of some private schools in the state blocking Christmas celebrations on campus, warning that the LDF govt won’t tolerate “divisive models based on religion and belief, as seen in north India”.“Such actions are unheard of in a state like Kerala, known for its…secular culture…Our schools…
SRINAGAR: Inspector Asrar Ahmad Shah called his cousin at 10.50pm on Friday, asking him to wait on the highway so they could drive home to Kupwara together after work. Thirty minutes later, an explosion ripped through Srinagar’s Nowgam police station, killing Asrar and eight others. The victims were police officers, forensic personnel, revenue officials and…
NEW DELHI: Veteran leader Mani Shankar Aiyar on Tuesday fired a fresh salvo at Congress leadership with party’s history to warn that the party has always thrived on internal dissent and suffered whenever it tried to suppress it.In a video released on his Youtube channel titled ‘No space for dissent in today’s Congress?’ the leader…
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