The Union Budget 2024 presented on July 23 brought significant changes to the customs duties on precious metals. Finance Minister Nirmala Sitharaman announced a reduction in customs duties for gold, silver, and platinum. This decision is taken to make jewelry made from these metals more affordable. Therefore the gold and silver prices drop have made
WazirX is a leading Indian crypto exchange which recently faced a major security breach. The hack resulted in the theft of over $230 million of hacked WazirX user funds. This incident shows the difficulties of securing digital assets. The community reaction has been mixed with some users tense about the future of WazirX and others
Finance Minister Nirmala Sitharaman presents the Union Budget for the 2024-25 fiscal year on July 23, 2024. The budget 2024 income tax has also been released. This is the first full-year budget of the new government after its re-election for a third term. Many hope that Sitharaman will introduce measures to ease the financial burden
UAE supermarket introduces UPI payments nationwide. The UAE business is known as a conglomerate business which has accepted India’s Unified Payment Interface (UPI) across its all outlets. Unified payment interface is the payment system developed by National Payments corporation of India in 2016 which allows instant payment to anyone. As the UAE supermarket introduces UPI
Indian foremost crypto exchanges WazirX has faced hacking which has led to a massive amount of $234 million to be stolen. This hacking was confirmed by Wazir X and with this they have temporarily announced the suspension of exchange withdrawals due to this problematic situation. Wazir X also faced suspicious transactions even before the hacking
Have you checked your bank account today? If you live in one of the eligible provinces in Canada and filed your taxes, there’s some good news. Prime Minister Justin Trudeau announced a rebate for taxpayers living in Canada. This rebate comes from the money collected through the price on pollution. The best part is that
Impact on Bitcoin of US Presidential Elections Impact of the US Presidential on the price of Bitcoin (BTC-USD) and on digital currency market remains a question on the minds of global investors. With the presidential elections approaching on 5th November 2024, Bitcoin’s (BTC-USD) price is expected to significantly fluctuate due to political and economic activities.
In today’s rapidly evolving economy, savvy investors are constantly on the lookout for industries with significant growth potential. Among the most promising sectors are financial institutions, medical law firms, and the floral industry. Each of these industries presents unique investment opportunities driven by distinct market trends and demands. Here’s an in-depth look at why these
When deciding between a fixed deposit (FD) and a mutual fund for investment, it’s essential to consider several factors including risk tolerance, investment goals, time horizon, and expected returns. Here is a comparison of the two options: Fixed Deposit (FD) Definition: A fixed deposit is a financial instrument provided by banks or non-banking financial companies
It was a strong and eventful first quarter for overall stock market. S&P 500, which has been tagged as a leading stock index globally, saw an increase of ~10.2% over first 3 months of 2024. As a result of this, index achieved best first-quarter performance over previous 5 years. Impressive performance of global indexes has
