The US Internal Revenue Service (IRS) has announced the new federal income tax brackets and standard deductions for 2026, offering some relief to Americans as they prepare for next year’s tax returns.The IRS usually makes these adjustments in October or November to prevent what’s known as “bracket creep.” This occurs when inflation pushes taxpayers into…
Financial tech companies are connecting outside financial advisers to your retirement accounts, and at least one investment firm, Fidelity, is resisting. Source link
AI image means for representation only The government has opened senior management positions in public sector banks, including State Bank of India (SBI), to private sector professionals, a move aimed at broadening the talent pool for top banking leadership.Under the revised appointment guidelines, one of the four Managing Director (MD) posts at SBI is now…
Treasury Secretary Scott Bessent said stabilizing the country was in the United States’s interests. Critics say some investors may have also benefited. Source link
India’s foreign exchange reserves fell by $276 million to $699.96 billion for the week ended October 3, according to Reserve Bank of India (RBI) data.In the previous week, the country’s forex reserves had declined by $2.334 billion to $700.236 billion, PTI reported.Foreign currency assets, the largest component of the reserves, dropped $4.049 billion to $577.708…
How a turbocharged upstart brand came to threaten Red Bull and Monster’s dominance. Source link
India’s new real-time cheque clearance system, introduced by the Reserve Bank of India to speed up payments, is facing early teething issues.Many customers have reported delays as the bank staff is struggling with new processes, and technical glitches are affecting cheque processing, ET reported.The first phase of the continuous clearing and settlement process under the…
Is it OK to check your phone’s power bank Can you charge your tablet in the overhead bin? What about a cordless hair dryer? The rules have changed this year. Here’s what to know. Source link
Gold rate today: Gold futures advanced Rs 527 to Rs 1,21,020 per 10 grams in domestic trade on Friday, tracking a firm trend in global markets as investors widened bets on expectations of interest rate cuts by the US Federal Reserve.On the Multi Commodity Exchange (MCX), gold for December delivery gained 0.44%, after retreating from…
Workers, who were quitting at high rates a few years ago, are now “job hugging” — or, as one consulting firm put it, “holding on to their jobs for dear life.” Source link
