Sat, December 7, 2024

by: Zee Business

FM Nirmala Sitharaman engages with farmers and economists ahead of Union Budget 2025-26

by: Wall Street Journal

Dividend Stocks Are Primed for a Comeback in 2025

With highflying tech stocks looking expensive and bonds losing appeal, some investors turn to dividend payers.

by: The Daily Star

Revised budget may be Tk 50,000cr smaller

Bangladesh's national budget for fiscal year 2024-25 is likely to be reduced by more than Tk 50,000 crore, with the entire cut expected to be made in funds meant for the annual development programme (ADP).

by: 24/7 Wall St

Millionaire Kevin O'Leary says this is the 'worst curse' you can do when it comes to raising kids

Millionaire Kevin "Mr. Wonderful" O'Leary of the popular TV show Shark Tank, is probably its most recognized cast member after billionaire Dallas Mavericks owner Mark Cuban. O'Leary's no nonsense, hard-nosed negotiation approach and acerbic wit have made him the perfect foil to the other, more diplomatic millionaire investors.

by: The Motley Fool

Meet the Newest Stock-Split Stock in the S&P 500. It's Soared 3,823% Since Its IPO, and It's Still a Buy Heading Into 2025 According to Wall Street.

Meet the Newest Stock-Split Stock in the S&P 500. It's Soared 3,823% Since Its IPO, and It's Still a Buy Heading Into 2025 According to Wall Street.

by: International Monetary Fund

Stacking Up Financial Inclusion Gains in India

by: Business Line

Two veterans start a health insurance firm: Should you take their cover?

by: ThePrint

Minimum Government Maximum Governance is India's reform agenda: FM Sitharaman

by: The Express Tribune

Dar-led body to review tax on banks

Terms of reference (ToRs) of the committee are to review the existing legal framework related to ADR of the banking sector and deliberate on alternative fiscal schemes to tax bank profits accrued from investment in government securities.

by: Fortune

Fortune - Fortune 500 Daily & Breaking Business News | Fortune

Get global perspectives and insights from CEOs on the biggest stories in business. New jobs and developments are booming, but locals have been left to guess how their community fits into the ...

by: The Globe and Mail

Laurentian Bank settles with former CEO Rania Llewellyn

Laurentian Bank of Canada N/A paid out $25.6-million in severance over the past year, including a settlement with former chief executive officer Rania Llewellyn, as the country's eighth-largest lender shifted its strategy to focus on commercial borrowers.

by: MSN

America's Car-Mart, Inc. (NASDAQ:CRMT) Q2 2025 Earnings Call Transcript

Q2 2025 Earnings Call Transcript December 5, 2024 Operator: Hello, and thank you for standing. Welcome to America's Car-Mart Second Quarter Fiscal 2025 Result. At this time all participants are in a listen-only mode.

by: CTV News

Canada's air force took video of object shot down over Yukon, updated image released

The Canadian military has released more details and an updated image of the unidentified object shot down over Canada's Yukon territory in February 2023.

by: Adirondack Daily Enterprise

Who is seeking a run in the NY-21 special election?

There are six people publicly planning to run for the NY-21 congressional seat in a yet-to-be-announced special election as current North Country Rep. Elise Stefanik is set to vacate the seat after accepting a nomination to be the next U.

by: Investopedia

What It Takes to Become an Elite Trader

The elite trader develops a serious approach to the financial markets, weighing risk against potential reward at all times. They hone their craft through detailed recordkeeping, carefully chosen data sources, well-defined trading edges, and lifelong connections with mentors who will guide them to the next level of achievement.

by: Business Insider

Best Identity Theft Protection Companies of 2024: Reviews, Fees, and Comparisons

Jennifer Streaks, Senior Personal Finance Reporter at Business Insider: Identity theft protection is very important right now. Identity thieves and scammers are getting more advanced every few months.

by: Crain's Cleveland Business

Klutch opening its largest cannabis facility yet in Cuyahoga Falls

Klutch Cannabis is working on construction at 1972 Akron-Peninsula Road, converting a former packaging plant on the city's border with Akron, where it plans to begin operations next year, said Klutch founder and CEO Adam Thomarios.

by: Parkersburg News and Sentinel

Parkersburg City Council to weigh raises for elected officials

Raises for elected officials are back on the Parkersburg City Council agenda. The first readings of ordinances increasing the mayor's annual salary from $90,000 to $97,000 and council members' from $6,

by: Yahoo Finance

Money mistake that cost woman $40,000 home and marriage: 'Husband's betrayal'

Sharee was about to buy a new business when she realised her husband had a devastating financial secret, says personal finance expert .

by: Morning Journal

CIC approves loan for local business

by: AOL

Waymo's robotaxis a threat to Uber's business? Not so fast, analyst says

by: The New York Times

Backers of Most U.S. Mortgages Have Done Little About Climate Risks

Fannie Mae and Freddie Mac know increasing floods and wildfires are a problem. Dealing with them, however, would require trade-offs.

by: Business Standard

Annapurna Finance raises $109.5 mn via multilateral ECB transactions

Micro and SME lender Annapurna Finance has raised USD 109.5 million (around Rs 927 crore) through a multilateral syndicated social loan facility under the external commercial borrowing framework, a statement said on Saturday.

by: NBC News

Wealthy Americans are still ducking the IRS crackdown on non-filers

A quirk in federal tax law may be incentivizing wealthy people who want to avoid paying taxes to simply not file their returns.
Fri, December 6, 2024

by: Miami Herald

Here's a plan to fix the housing crisis, starting with boosting home inventory

by: Slate

The Real Reason UnitedHealthcare's Stock Prices Spiked After Its CEO's Murder

UnitedHealthcare is not alone in this position. A group of academics found in 2016 that it's not uncommon for stocks to go up after the sudden death of a CEO. Sometimes the market expresses its lack of faith in a dead CEO by boosting the stock after their passing.

by: Kiplinger

Lululemon Jumps to the Top of the S&P 500 After Earnings. Here's Why

Lululemon had a rough start to 2024, but shares bottomed over the summer and have been trending higher since. And Wall Street thinks brighter days are in store for the consumer discretionary stock. According to S&P Global Market Intelligence, the consensus recommendation among the 36 covering analysts it tracks is a Buy.

by: AOL

Exclusive: Prima, Mexico-based manufacturing and supply chain integrator, reveals it has raised $42.5 million

Prima raised $23 million in new Series A backing earlier this year, a few months before Donald Trump's election victory.

by: Seeking Alpha

Gibson Energy: A 6.4% Dividend Yield While Investing In Growth

Discover why Gibson Energy is a strong investment option with its generous dividend, low payout ratio, and improved financial health.

by: Tuko

Kenya to Borrow KSh 500b Diaspora Loan to Upgrade JKIA, Finance Other Projects

by: Upstream

Chevron's 2025 capex reduction could be a precursor to other supermajor rein-ins next year

by: Firstpost

Is Muhammad Yunus preparing Bangladesh for crisis or elections?

by: Crain's Cleveland Business

New Cleveland Fed president is optimistic about the region despite financial challenges

Hammack takes on this new role following a long tenure with Goldman Sachs Group Inc., where she began working in 1993 as capital markets analyst. Her last role there was cohead of the firm's global financing group.

by: Insider Monkey

Tourlite Capital Management's Q3 2024 Investor Letter

Tourlite Capital Management, an investment management firm, released its third quarter 2024 investor letter. Tourlite Fund, LP Founder Class returned 4.5% for Q3 2024 and 13.8% year-t0-date while the S&P 500 Index returned 5.9% and 9.3%, respectively. In addition, please check the fund's top five holdings to know its best picks in 2024.

by: Food Manufacture

Futureproofing farming: Finance expert shares inheritance tax insight and planning tips

Following recent backlash from many UK farmers against changes to inheritance tax, Sam Cawley, investment director and chartered financial planner from law firm Nelsons, explores what this will mean and some key considerations to help prepare for change and mitigate impact.

by: moneycontrol.com

It's better to bring it at a price we can justify for everyone: Mobikwik CEO on IPO valuation

Speaking about the price band set for the offering, Mobikwik's CEO emphasised the importance of aligning the IPO price with the company's long-term vision and the need to maintain investor confidence

by: cnbctv18

20th edition of CNBC-TV18 India Business Leader Awards to honour trailblazers leading India's growth story

The CNBC-TV18 India Business Leader Awards (IBLA), presented by Standard Chartered Bank, return for its 20th edition on December 7, 2024, in Mumbai. With the theme 'Leadership in Action' taking centre stage,

by: Business Standard

How to check your GST refund status and know common reasons for delays

One major cause of delay is incomplete documentation. Missing or incorrect information, such as mismatched invoices or inadequate export declarations, can slow down the process. Another common issue is discrepancies between the details in your GST returns (e.g., GSTR-1, GSTR-3B) and the refund claim.

by: Business Line

Share Market Highlights: Sensex, Nifty dip; RBI's CRR cut eases liquidity worries

by: businessday

BOI, African Guarantee Fund sign $50m deal to scale up MSME financing

The Bank of Industry (BOI) and African Guarantee Fund (AGF) have signed a $50 million Loan Portfolio Guarantee framework that will

by: KOLR10 & Ozarks Local News

Japan's Nippon Steel sets sights on a growing overseas market in its bid to acquire US Steel

The world through steel," underlining why Japan's top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel. "We can't expect

by: Yahoo Finance

Meet the Unstoppable Artificial Intelligence (AI) Stock That Could Join Apple, Nvidia, and Microsoft in the $3 Trillion Club by 2028

Meet the Unstoppable Artificial Intelligence (AI) Stock That Could Join Apple, Nvidia, and Microsoft in the $3 Trillion Club by 2028 At the start of 2022, Apple (NASDAQ: AAPL) became the first company to reach a $3 trillion market cap.

by: Business Times

Want work-life balance? You have to make sacrifices, say panellists at thrive dialogue on career

THE right balance between work and life differs for everyone, and no matter the choice, something will have to give, said panellists at a discussion on finding the right career on Thursday (Dec 5) - hosted by thrive,

by: businesstech.co.za

New currency for South Africa, Russia and China bites the dust

Following threats from Donald Trump of retaliation, South Africa and now India have quickly moved to dismiss the very notion of a new BRICS currency.

by: Reuters

Climate-vulnerable countries push for credit rating overhaul

A group of climate vulnerable nations is using a U.N. meeting this week to push for a credit ratings overhaul, arguing ratings should reflect climate resilience measures, an advisor to the group told Reuters.

by: MSN

Broadcom Inc (AVGO): Leading AI Innovation with Breakthrough Technologies

We recently published a list of 10 AI Stocks That Will Skyrocket. In this article, we are going to take a look at where Broadcom Inc. (NASDAQ:AVGO) stands against other AI stocks that will skyrocket.

by: Cyprus Mail

RIF launches new scheme for innovative Cypriot companies

The Research and Innovation Foundation (RIF) on Friday announced the launch of 'Boost,' a new blended finance scheme. The new scheme is designed to support certified innovative companies in Cyprus by providing grants of up to €300,

by: businesslive.co.za

Nedbank scoops two prestigious global awards

The financial services provider has been named Best Bank for Transaction Banking in Southern Africa and Best Retail Bank in SA

Inflation prompts India cenbank to raise agri loan limit

India's central bank said on Friday it will raise the limit for collateral-free agriculture loans to 200,000 rupees ($2,364.15) in a bid to enhance access to formal credit for small and marginal farmers in the country.

The Reserve Bank of India (RBI) has increased the limit for agricultural loans against electronic Negotiable Warehouse Receipts (e-NWRs) from 75% to 85% of the value of the stored agricultural produce, effective immediately. This decision, announced on December 6, 2024, aims to address the challenges faced by farmers due to high inflation rates. The move is intended to provide farmers with greater access to credit, thereby helping them manage their finances better amidst rising costs. The adjustment in loan limits is part of broader efforts to support the agricultural sector, which has been under strain from economic pressures.

Read the Full Reuters Article at:
https://www.reuters.com/world/india/inflation-prompts-india-cenbank-raise-agri-loan-limit-2024-12-06/