Economic Data Has Taken a Dark Turn. That Doesn’t Mean a Crash Is Near.
Inflation is up and job creation down, but the U.S. economy could still pull through without too much pain. Source link
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Infra boost: Cabinet clears Rs 8,307 crore Bhubaneswar ring road project, to ease congestion and spur regional trade
The Cabinet Committee on Economic Affairs has approved the construction of a 6-lane access-controlled Capital Region Ring Road (Bhubaneswar Bypass) in Odisha at a capital cost of Rs 8,307.74 crore.According to an official release, the project will be developed on Hybrid Annuity Mode (HAM) and cover 110.875 km between Rameshwar and Tangi. It is aimed…
The Race to Rescue PBS and NPR Stations
The Knight Foundation and other top organizations are aiming to provide $50 million to stabilize the stations most at risk from the recent federal government funding cuts. Source link
GST reforms to boost stock markets; Nifty50 could reach 28,000 by September 2026: Report
The stock markets could have significant advancement in the upcoming year, driven by the government’s GST rationalisation initiative, which is anticipated to enhance economic growth and market sentiment.Emkay Research’s analysis, cited by news agency ANI, suggests the Nifty 50 index could reach 28,000 by September 2026, leading the brokerage firm to revise its market outlook…
Crypto regulation in India: CBDT asks stakeholders on regulation, compliance; VDA oversight, tax-compliance in focus
Apex taxation authority has inquired with cryptocurrency stakeholders about the necessity of new virtual digital assets (VDA) legislation, its administrative oversight, and the impact of current tax policies on trade migration. The Central Board of Direct Taxes (CBDT) has also sought feedback regarding the 1% tax-deducted-at-source (TDS) rate, potential adjustments, and the possibility of loss…
Tax dept builds case on Jane Street: Authorities seek to determine actual ‘decision-makers’; summon Jane’s Indian arm auditor EY
Tax authorities have called upon EY, the auditor of Jane Street’s Indian subsidiary, as they build a case against the US investor. The department has also obtained sworn statements from two staff members and a director of Jane’s local entity, as reported by Economic Times.Following a six-day investigation that yielded limited information from offshore servers,…
Gold price prediction today: Where are gold rates headed on August 19, 2025 & the near-term? Here’s the outlook
Gold price prediction: Gold, in ultra short-term, can test the support around $3307 (MCX Gold October Rs 98,600)/$3290 (Rs 98,100) , but the downside is limited. (AI image) Gold price prediction today: Gold rates are expected to trade in a range, but the downside is likely to be limited, say experts. Praveen Singh, Senior Fundamental…
Assurance from China: Wang Yi to address concerns on India’s three key needs – Rare earths, fertilisers and tunnel boring machines
External Affairs Minister S. Jaishankar welcomes Chinese Foreign Minister Wang Yi, in New Delhi (ANI photo) China has committed to address India’s three key concerns- rare earths, fertilisers and tunnel boring machines- as indicated by ANI sources.The sources revealed that Chinese Foreign Minister Wang Yi provided assurance to External Affairs Minister Dr S Jaishankar regarding…
Top stocks to buy today: Stock market recommendations for August 19, 2025 – check list
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, JSW Steel, and Titan are the top stocks to buy today:JSW Steel – Buy in the range between Rs 1075 & Rs 1085; Stop Loss: Rs 1038; Target: Rs 1170JSW Steel has…
Reliance buys majority stake in Naturedge
MUMBAI: Reliance Consumer Products (RCPL) bought a majority stake in a joint venture with Naturedge Beverages, marking its foray into the healthy functional beverages space. Naturedge Beverages is from the house of the 108year-old Baidyanath Group, which has a legacy of making Ayurvedic products.The acquisition comes at a time when there is a shift among…