[ad_1] U.S. President Joe Biden and House Republican Speaker Kevin McCarthy are nearing a deal to lift the debt ceiling that would trim some U.S. federal spending.While talks are fluid, the general contours of the deal have taken shape. Here's what we know so far:...
[ad_1] Mutual funds may soon have more freedom to run passive funds such as index funds, Exchange Traded Funds or ETFs, and Fund of Funds investing in ETFs as the market regulator Sebi is likely to come with new norms for these funds. A senior...
[ad_1] DETROIT – A surprise deal between Ford Motor and Tesla on electric vehicle charging technology and infrastructure could put new pressure on other automakers' EV strategies.The tie-up between the two rivals will give Ford owners access to more than 12,000 Tesla Superchargers across the...
[ad_1] In recent times, there has been significant speculation about the activities of veteran Destiny developers and new hires at Bungie. Many of them had "working on REDACTED" mentioned in their profiles for an extended period, fueling anticipation among fans. However, as of this Wednesday,...
[ad_1] JPMorgan Chase & Co. headquarters in New York, US, on Wednesday, Jan. 18, 2023.Gabby Jones | Bloomberg | Getty ImagesJPMorgan Chase cut about 500 positions this week, mostly among technology and operations groups, according to people with knowledge of the move.The cuts were spread...
[ad_1] U.S. President Joe Biden hosts debt limit talks with House Speaker Kevin McCarthy (R-CA) in the Oval Office at the White House in Washington, May 22, 2023.Leah Millis | ReutersPoliticians often like to say that small businesses are the engine of the economy, but...
[ad_1] The Delhi High Court has refused to interfere with TRAI's recommendation for imposing a penalty of Rs 1,050 crore on two Vodafone companies for allegedly denying inter-connectivity to Reliance Jio Infocomm Ltd (RJIL) under an Interconnection Agreement executed between them. The high court noted...
[ad_1] Bank of India (BoI) on Friday said it has increased the interest rate of fixed deposits for 1-year tenor to 7 per cent for retail customers. The interest rate is applicable for less than Rs 2 crore deposits. Following the revision, the bank offers...
[ad_1] The income tax department on Friday invited comments from stakeholders on rules for valuing non-resident investment in unlisted startups. The Central Board of Direct Taxes (CBDT) has issued a draft notification inviting comments on the draft rule 11UA of Income-tax Rules, 1962, pertaining to...
[ad_1] BHEL and Nexus Select Trust announced their fourth-quarter results on Friday. Here is a brief look at what the companies reported in the March quarter.BHELBHEL has reported a 33% decline in its consolidated net profit at Rs 611 crore for the quarter ended March....