At his first major post-election rally, Donald Trump suggested reclaiming the Panama Canal, citing unfair fees. Panama's President Mulino rejected the idea as an affront to sovereignty. Trump also celebrated his win, touted his cabinet, and downplayed Elon Musk's influence while announcing new administration appointments.
Donald Trump named his defence team. He picked billionaire investor Stephen Feinberg for deputy secretary. Trump chose former Fox News host Pete Hegseth to lead the Pentagon. Hegseth faces misconduct allegations, which he denies. China hawk Elbridge Colby will likely be the undersecretary for policy. These nominations signal Trump's defense priorities.
Former President Donald Trump has appointed Katie Miller, wife of his incoming deputy chief of staff Stephen Miller, to his Department of Government Efficiency (DOGE) advisory board. Led by Elon Musk and Vivek Ramaswamy, DOGE aims to drastically reduce government spending, regulations, and the federal workforce. Miller previously served in the Trump and Pence administrations.
A bridge connecting two Brazilian states collapsed. A tanker truck carrying sulfuric acid fell into the Tocantins River. One person died. Another person was rescued. The bridge linked Estreito and Aguiarnopolis. It was part of the BR-226 highway. Divers stopped searching after acid leaked from the tanker.
After the bonanza of recent central bank decisions, this week is much quieter with only the minutes of a few of those meetings due. There are no Federal Reserve speeches and U.S. data is of secondary importance.
Online financial calculators offer a seemingly easy way to plan for major life goals like retirement and education. However, these tools rely on multiple assumptions about inflation and investment returns. Even small inaccuracies in these estimates can drastically alter the calculated amounts, potentially leaving individuals underprepared.
In today’s environment of heightened volatility, price fixation becomes particularly dangerous. The constant price movements create an illusion of information where none exists. A stock dropping 5% in a volatile market doesn’t necessarily mean it has become a better buy, just as a 5% rise doesn’t automatically make it overvalued.
Passive funds are better fit for retail investors because, unlike active funds, they are not heavily reliant on fund managers for generating returns. Along with passive mutual funds, stricter regulation against futures and options only serves to benefit the retail investors in the long run, Dinesh Thakkar tell ET Wealth.
If you are planning to start a small business, this new series will help identify the problems you’re likely to face. In the second part, Yasmin Hussain finds out what it entails to start an artificial jewellery business by talking to Just Lil Things’ Co-founders, Deepika Jain & Anup N. Mehta.
Indian Oil Marketing Companies (OMCs) faced a challenging September quarter due to weak margins and inventory losses. However, a recovery is anticipated in the latter half of 2024-25, driven by improving margins. Read on to know more about how range-bound oil prices and other factors could potentially drive OMCs revival in the second half of this fiscal year.
Before taking a home loan, you should consider various factors such as interest rate, your monthly income and more. Know more about various parameters to keep in mind while taking a home loan in this story.
The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana offers free health insurance of up to Rs.5 lakh annually for vulnerable sections of the society and also for senior citizens above 70 years. Read to know how you can enrol in this scheme
Arbitrage funds buy and sell the same asset in different markets, such as the cash market and futures market, to capitalise on the temporary price discrepancies. Know more about arbitrage funds in this article.
Learn to overcome the hesitation to claim your money as your own. You work hard to earn it, and you must have a say in how it is going to be used. If the operational arrangement is that one of the family members will manage the process, be involved and informed, and insist on your active consent. Discuss how each will contribute to the common household pool.
Fever, gastritis, heart disease, diabetes, and cancer are top reasons for making claims. Men in urban areas emerged as the highest claimants in health insurance, per PolicyBazaar. Read on to know more about the recent trends in the Indian insurance space.
ET Wealth collaborates with Value Research to analyse top mutual funds. Let's examine the key fundamentals of Franklin India Prima Fund, its portfolio and performance to help you make an informed investment decision.
Cash management company CMS Info Systems has significantly outperformed the market benchmark in the last one year with 32.4% returns compared to BSE Sensex with 10.9% returns.
Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.
The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.
If you are confused by personal finance terms, jargon, and calculations, here’s a series to simplify and deconstruct these for you. In the 30th part of this series, Riju Mehta explains the meaning of interest rate risk and how they can manage it.
With Union Budget 2025 around the corner, experts are voicing what they would want from FM Sitharaman in February next year. Some proposals include enhancing the appeal of NPS as a retirement planning vehicle, reducing TCS on foreign remittances, and tax reliefs for annuity, crypto, and term insurance. Read on to know what India expects from Budget 2025
This exceptional year not only reflected the confidence of issuers but also highlighted investors' eagerness to seize listing-day gains or back companies with strong long-term growth potential.
Analysts said the November low around the 23,250 zone now emerges as the next key support for Nifty, while the 23,850-24,000 range serves as a resistance zone for any recovery attempts.
India and Kuwait strengthened their bilateral ties during Prime Minister Modi's visit, condemning terrorism and pledging to enhance cooperation on counter-terrorism, cybersecurity, and health. They also discussed UN reforms, India-GCC cooperation, and explored a potential free trade agreement.
Japanese auto giants Honda and Nissan will likely announce merger talks. Board meetings and a joint press conference are expected Monday. Mitsubishi Motors may also participate. The potential merger could create the world's third-largest auto group. The companies face challenges from Tesla and Chinese rivals. They are exploring joint ventures and resource sharing.