With the Modi government set to present its second full budget for the third term in power, the middle and lower-income groups across India are hopeful for key reforms that could alleviate their financial burdens. The anticipated reforms in more...

House Rent Allowance (HRA) is a component of an employee’s salary provided by employers to help cover rental expenses. Depending on various conditions, HRA may be partially or fully exempt from taxes. However, to benefit from this exe more...

US President Donald Trump's economic policies are facing significant challenges, according to market experts like Ramesh Damani and Samir Arora. While Trump has made bold promises, including ramping up US oil production and taking a tou more...

Billionaire Wealth Skyrockets in 2024 Amid Rising Inequality Global billionaire wealth surged from $13 trillion to $15 trillion in 2024, marking the second-largest annual increase since Oxfam began tracking wealth data, the charity revea more...

Capital One has confirmed that it is experiencing a technical issue affecting a range of its customer-facing services. The problem has led to widespread reports from customers who are unable to access deposits, view account balances, or mak more...

  Trump equates trade deficits with financial losses, a perspective economists generally refute. A trade deficit simply means the country imports more than it exports, not that it's losing money. For example, the U.S. had a $67. more...

The Union Budget for the upcoming financial year is expected to include provisions for promoting artificial intelligence (AI) in India. According to sources, a special policy package for AI is being formulated, with a focus on AI-skilling s more...

As of May 2024, the Indian diaspora remains the largest globally, with 35.4 million Non-Resident Indians (NRIs) and People of Indian Origin (PIOs) living abroad, primarily in the UAE and the US. However, changes to tax residency rules intro more...

Expansion of China's Trade-In Scheme China is extending its consumer trade-in program, originally launched in March 2024, to help stimulate demand in the struggling household sector. The scheme now includes additional home appliances s more...

The meeting chaired by Nagaraju Maddirala, Secretary of the Department of Financial Services (DFS), focused on the rapid expansion of India's fintech and startup sectors. Held in New Delhi, the meeting was attended by various key repres more...