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Trump Signs $1.4 Trillion Bill To Avoid Government Shutdown, Raise Minimum...

The bipartisan legislation, which will keep the government funded through September, not only avoids a shutdown that had been scheduled for Friday but also...

4 Ways Washington Just Changed How You Save For Retirement

President Trump signed a $1.4 trillion spending bill Friday that includes the SECURE Act, a bill introduced this year to help people save for retirement....

Critiques Alone Won’t Undo Debt Relief Bill, Says Patel

A report on the potential negative impacts of the National Credit Amendment Act alone will not prompt President Cyril Ramaphosa to reconsider it, Trade...

India’s Largest Banks Today Provide These Returns On Retail Fixed Deposits....

Ten of the country's largest banks by market value today provide a range of maturity options for retail fixed deposits. HDFC Bank, State Bank...

Govt’s Steps To Ease NBFC Liquidity Crisis Too Short-Term: Fitch Report

The government measures to provide partial credit guarantee to public sector bank on their asset purchases from NBFCs can ease funding pressure only for the short-term,...

State Pension Age? You Could Be Missing Out On Thousands –...

State pension age must be reached in order to claim the state pension. Earlier this year, a man landed a £133,000 windfall. The Department...

Money Has Been Leaving China At A Record Rate. Beijing Is...

Money was leaving the country at a record clip earlier this year through unauthorized channels, according to analysts. That's bad news for China, which...

Andrew Bailey To Succeed Mark Carney As Bank Of England Governor

The Treasury confirmed that Mr Bailey, who is 60 and previously worked at the Bank for three decades, will take over when the Canadian...

Capital Confidential: MAD Trump Portrait Goes Down Badly In DC

In March 2018, as part of U.S. President Donald Trump’s drive to “drain the swamp”, he signed the Eliminating Government-Funded Oil Painting Act. The...

Take Five: Ding Dong Markets Merrily On High

As end-December approaches, money market players' thoughts may be turning to a September scare, when rates in the $2.2 trillion U.S. repurchase or repo...

High Input Tax Credit Mismatch Under I-T Lens

Revenue secretary Ajay Bhushan Pandey has directed senior income tax officials to identify cases of suppression of personal income or tax evasion, and take...

Wall Street Week Ahead: History Suggests Rally May Slow For U.S....

However, investors who are hoping the rally will continue charging ahead through next year may be disappointed. The S&P 500 has returned an average...

Softbank Pays UK Fund Directors $13m Despite $100m Loss

The UK arm of SoftBank’s vast Vision Fund paid four of its most senior staff around $13m during its latest financial reporting period, despite...

2020 Could Be The Year That Sports Gambling Takes Off, To...

Pennsylvania made sports gambling legal in 2017. New Jersey joined Pennsylvania in June 2018. More recently, Michigan’s state government signed into law a series...

Rand At Its Best Level In Four Months, But Real Risks...

The rand on Wednesday broke below R14.30/$, translating to its strongest performance in four months, according to analysts...

Trai Defers Zero IUC For A Year To January 2021

Vodafone Idea and Bharti Airtel urged TRAI to defer zero-IUC regime as they are net revenue earners; Reliance Jio, a net payer, opposed any...

Banks Hire Scores Of Oversight Agencies To Keep Tabs On End-Use...

On the tepid credit growth, Kumar said he expects some pick up during the second half...

Inheritance Tax: Number Of People Repaid IHT Due To Falling House...

INHERITANCE TAX may be required to be paid on the value of an estate above a threshold when the owner of the estate dies...

The Best Investment Of The Decade Turned $1 Into $90,000

New York (CNN Business)The decade is almost over — and one incredibly volatile investment stood out from all the rest as the best of...

Assam Turmoil: Microfinance Institutions Face Irregularity, Delay In Loan Repayments

Worried microfinance industry feels that if the “irregularity and delay” in loan repayments get longer, then there would be a major problem for every...

Persimmon Culture Makes Homes ‘Potentially Unsafe’

The company, whose profits have been buoyed by the Help to Buy scheme, has been under scrutiny over the quality of its homes...

If You Believe Stock Market Bulls Have The Bears Locked Out,...

The short-term outlook for the U.S. stock market is as pessimistic today as it was optimistic at this time last year...

Natural-Gas Shorts At Highest Level Since Financial Crisis

Net bets on declining natural-gas prices are at their highest level since 2008, according to U.S. Commodity Futures Trading Commission data...

Capital Confidential: ‘Big Short’ Author Contemplates Taking On Brexit

This week: American author Michael Lewis is interested in chronicling Brexit, Howard Shore’s commitment to duty over footie and some long-overdue good news for...

Upbeat Economic Data Helps Wall Street Hover Near Record Levels

By Uday Sampath Kumar (Reuters) - U.S. stocks were near record levels on Tuesday, following four straight sessions of gains, as investor confidence in...

Industry Seeks Fewer GST Slabs

The suggestions came up on Tuesday during finance minister Nirmala Sitharaman’s pre-budget consultations with industry, trade and services sectors amid discussions on regulatory environment...

U.S. Housing Market Regaining Steam; Manufacturing Stabilizing

WASHINGTON (Reuters) - U.S. homebuilding increased more than expected in November and permits for future home construction surged to a 12-1/2-year high as lower...

Pound Slides To Pre-Election Levels In Wake Of Bid To Outlaw...

Sterling has lost two cents against both the euro and dollar amid City fears of no deal...

Fidelity Launches Cryptocurrency Business In Europe

One of the world’s largest fund managers has formed a new UK entity to sell cryptocurrency services to European clients...

Decade Of The Central Bank’ Ends With The Fed And Its...

The central bank announced it would start using digitally created money to buy mortgage debt in an effort to drive down interest rates and...
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