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Will RBI cut repo rate again? All eyes on December policy meeting; here’s what experts say

As the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) prepares to unveil its policy decision this week, economists and industry experts are divided over whether the central bank will cut rates or maintain its current stance.The meeting, which begins on Wednesday, has raised curiosity about the central bank’s decision. Here is what the…

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US markets today: Wall Street opens higher; investors brace for jobs, inflation data

Wall Street opened the new week on a cautious positive note on Monday, with investors positioning themselves ahead of a heavy slate of economic data that could influence interest-rate expectations and market direction.In early trade, the S&P 500 rose 0.3%, while the Dow Jones Industrial Average gained about 150 points, or 0.3%. The Nasdaq Composite…

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Govt relaxes FDI investment rules from China, other neighbouring countries

Union Cabinet has approved changes to the foreign direct investment (FDI) policy governing investments from countries sharing land borders with India, including China, by amending Press Note 3 of 2020. Govt introduced a 60-day decision timeline for proposals in certain manufacturing sectors and clarifying rules around beneficial ownership.The decision, seeks to streamline investment approvals under…

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‘Accident or murder?’: Ajit Pawar’s son Rohit Pawar questions 20-day delay plane crash probe | India News

NEW DELHI: Ajit Pawar’s son and Nationalist Congress Party SP MLA Rohit Pawar on Tuesday questioned the pace of the investigation into the plane crash that killed former Deputy Chief Minister Ajit Pawar, asking whether the 20-day delay was accidental or deliberate.Marking 20 days since the crash, the Karjat Jamkhed MLA alleged that the probe…

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Mutual fund taxation explained: How equity, debt and hybrid schemes are taxed; what investors should factor in

Understanding the tax treatment of financial products is critical for investors looking to optimise post-tax returns, and mutual funds are no exception. While there is no tax liability at the time of investing in or holding mutual fund units, tax comes into play when an investor sells, switches between schemes or redeems units. The tax…

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