Consumers have been encouraged to be vigilant when shopping online after research showed fraud was rife on secondhand marketplaces, with Depop, Shpock and Preloved named the worst sites, and problems also discovered with industry giants Amazon and eBay. A survey of 1,300 buyers by Which?, the consumer champion, found that 32% had been scammed on … Read more
Mumbai: Investors with higher risk appetite looking for a rule-based investing approach in the mid- and small-cap space could consider some allocation to the Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF, said wealth planners. Conservative investors must stay away from this fund, they said. The new ETF offering by Mirae is currently open and … Read more
The Dow Jones Industrial Average ended higher on Wednesday, stretching its winning streak to six straight sessions and closing above 39,000 points for the first time in five weeks, as investors kept betting on supportive U.S. monetary policy. The other Wall Street benchmarks cooled a touch as momentum stalled and U.S. Treasury yields rose on … Read more
A decline in mortgage rates has prompted a forecaster to reverse its predictions of a fall in UK house prices in 2024, instead suggesting the average cost of a property could rise by £61,500 over the next five years. The property company Savills had forecast in November that it expected the average price of a … Read more
MUMBAI: Piramal Enterprises (PEL), the non-banking finance company of the real estate and pharma group swung to a profit in the March quarter helped by a large tax write-back even as higher funding costs and continued paring of its wholesale loan book pressured earnings. The consolidated net profit was 137 crore from a loss of … Read more
The 40 sq metre apartment had everything that Hamado Dipama was looking for: one bedroom, a bath and a good location in the southern German city of Augsburg. When he called to set up a viewing, however, the landlord kept asking him where he was from. “It was really bizarre,” said Dipama. “I told him … Read more
Mumbai: State ownership in listed firms, in terms of the value of shares held, surged to a seven-year high of 10.38% of total market capitalisation as of March 31, driven by a robust rally in several public sector unit (PSU) stocks. The value had touched a high of 22% of total market capitalisation of listed … Read more
The recent decision to abolish the non-dom status, which allows a small group of very rich UK residents to earn money abroad without paying tax on it in Britain, has sparked numerous conversations about whether this will force people to leave the country. As a millionaire living in the UK who has benefited from the … Read more
(NEXSTAR) – The Boeing executive in charge of the company’s 787 program commended an employee for coming forward and reporting an issue, according to an internal memo obtained by Business Insider and the Associated Press. The issue turned up last month when a worker observed an “irregularity” in a required test of the wing-to-body join and … Read more
Mumbai: S&P Dow Jones Indices is set to exit Asia Index, its joint venture with BSE to provide financial market indices. BSE will buy the S&P unit’s 50% stake in the company. Though the size of the deal could not be ascertained, sources said the transaction is expected to be concluded in the first quarter … Read more
