One of the most crucial things Americans do as they start getting ready for the new year is find out about the different tax laws in their place of residence and federal taxes. States occasionally enact supplementary refunds and rebates to lessen the financial strain on the families that reside there. In 2024, this was…
The IRS revealed hundreds of other elements for 2025, including its inflation-adjusted tax brackets. According to Emory University finance specialist Usha Rackliffe, the largest change from prior years to 2025 is the 2.8% adjustment to income tax bands. “Which is significantly less than prior years,” Rackliffe said. What does this entail for a taxpayer in…
After the National Payments Corporation of India (NPCI) gave the business permission to onboard new UPI customers, provided that all procedural rules and circulars are followed, shares of Paytm, which is owned by One 97 Communications, surged 5% to an intraday high of Rs 722.50 on the BSE. “We would like to inform you that…
Indian stocks, which have been under a lot of selling pressure lately, will now have to deal with more difficulties after Goldman Sachs Group downgraded Indian stocks from “overweight” to “neutral,” citing slowing economic growth that is affecting the outlook for corporate earnings, according to sources. The group had earlier elevated Indian stocks to “overweight”…
The electric bus manufacturer Olectra Greentech’s stock jumped 6% in intraday trading on Wednesday, October 23 to ₹1,716 per share following the release of the company’s strong September quarter financial results. Following market hours on Tuesday, the company announced its Q2FY25 results. It reported a 156.50% growth in consolidated net profit to ₹47.65 crore, up…
Strong Q2 results caused Persistent Systems’ share price to surge by about 12% to reach all-time highs. The company’s overall net profit increased by 23.44% to ₹324.9 crore in the September quarter, up from ₹263.2 crore in the same period the previous year. Operating revenue for the quarter was ₹2,897.1 crore, up 20.13% from ₹2,411.6…
A day after releasing its Q2FY25 results, Zomato’s shares saw turbulence in early trading, first falling by about 5% as a result of profit booking. However, Zomato’s share price hit a day low of Rs 242.45, but by 10:22 am, it had risen to Rs 260.15 on the Bombay Stock Exchange (BSE). Compared to Rs…
Investor interest in the OBSC Perfection IPO was low; as of 3:30 p.m. today, the issue had only been subscribed for 0.23 times since it opened for sale on Tuesday, October 22. Only 0.35 times as many people subscribed to the retail investor component, compared to just 0.09 times for the non-institutional investor (NII) section….
United Heat Transfer IPO Day 1: By 2:30 PM on Tuesday, October 22, 2024, the United Heat Transfer IPO had garnered 1.24 subscriptions total, indicating high interest on the first day of bidding. The most enthusiastic group was qualified institutional buyers (QIBs), who subscribed 1.74 times, while the retail category subscribed 1.32 times. But the…
Early on Tuesday, Ola Electric Mobility’s stock price increased by more than 4% after the business declared that it had addressed the majority of the Central Consumer Protection Authority’s (CCPA) objections. On the BSE, shares of Ola Electric surged up to 4.45% to a peak of ₹85.30 per. According to the manufacturer of electric two-wheelers,…