Lots of Oil, Little Production: What to Know About Venezuelan Energy
The South American country increasingly at odds with the Trump administration has the world’s largest oil reserves. Source link
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FPI rulebook revamp: Sebi proposes simplified registrations; clearer KYC rules, unified framework on cards
Sebi on Friday proposed a comprehensive overhaul of the Foreign Portfolio Investor (FPI) framework, aiming to streamline registrations and introduce an abridged application option for related funds, even as the regulator seeks to ease compliance for global investors.In a consultation paper, the Securities and Exchange Board of India said the move is intended to enhance…
PCE Report Shows Consumer Prices Rose Slightly in September
The most recent Personal Consumption Expenditures index was delayed because of the government shutdown. Source link
Advance tax rules: Who must pay, who is exempt and how quarterly deadlines work
If your net income-tax liability exceeds Rs 10,000 in a financial year, you are required to pay advance tax in four installments as per the Income Tax Act, 1961. Net tax liability refers to the estimated tax due after adjusting for TDS. While this rule applies to most taxpayers, the law also provides key exemptions…
Elon Musk Loves What Mario Nawfal Has to Say
Mario Nawfal has a knack for getting Mr. Musk’s attention online, and for turning that into big business. Source link
India can lift exports to Russia from $5 bn to $35 bn! Why a modern rupee-rouble settlement system is needed – explained
India has the potential to increase its merchandise exports to Russia seven-fold—from $5 billion to $35 billion by 2030—if it secures market access in food, pharmaceuticals, textiles and machinery, according to Global Trade and Research Initiative (GTRI) founder Ajay Srivastava. The report comes as President Vladimir Putin visits Delhi and as Moscow reiterates its goal…
Consumer Prices Rose Slightly in September
The most recent Personal Consumption Expenditures index was delayed because of the government shutdown. Source link
India-Russia talks: Modi, Putin seek swift investment agreement; both sides eye $100-bn trade target by 2030
Prime Minister Narendra Modi and Russian President Vladimir Putin on Friday directed their officials to accelerate negotiations on a “mutually beneficial” agreement for the promotion and protection of investments, with the matter taking centre stage during their summit meeting in New Delhi.A joint statement said the leaders also underscored both the current and future scope…
The Markets Are Temperamental. Understand Your Risks.
Shifting expectations of a Fed rate cut reflect underlying uncertainty about politics and the economy. Here are some essentials for managing risk in investing. Source link
Netflix to acquire Warner Bros: Why it is a BIG deal | Business
Netflix was born out of the resentments of the video cassette age. Anyone who lived through the 1990s remembers the ritual: rushing to the local rental store on a Friday evening, discovering the last VHS copy was already gone and then returning the tape late on Monday morning, only to be punished with a fee…