Tue, February 11, 2025

by: Reuters

UniCredit beats 2024 profit goal and vows to match result this year

UniCredit on Tuesday said it would keep its profit stable this year despite lower rates after posting a better than expected 2024 result, and pledged to increase shareholder rewards in 2025-2027.

by: Goodreturns

Top 10 Businesses To Start In India Under Rs 50,000 Budget : 2025 Edition

Starting a business is often a dream, offering perks like being your own boss and turning your passion into a profession. However, it remains a distant dream for many due to budget constraints. While,

by: MSN

Deloitte warns South Africa must establish sustainable debt practices to improve financial stability

The budget is expected to focus on tax reforms, sustainable development, job creation, healthcare funding, infrastructure investments, and support for agriculture.

by: MSN

JMM welcomes Year of the Snake with main course of diverse ASX companies

Jane Morgan Management's Chinese New Year feast showcased emerging ASX companies to investors. Now you can get the inside scoop ... Read More The post JMM welcomes Year of the Snake with main course of diverse ASX companies appeared first on Stockhead.

by: MSN

US consumer finance watchdog chief tells all staff to cease work

President Donald Trump's newly installed chief of the U.S. Consumer Financial Protection Bureau told all of the agency's staff on Monday to stay away from the office and do no work, according to an email reviewed by Reuters.
Mon, February 10, 2025

by: Devex

The top global development employers for interns

As we continue exploring global development trends based on our job board data, we are highlighting the top global development employers who released the most internships in the previous year.

by: Upstream

Interra suspends shares and seeks legal guidance after Myanmar report claims

by: CNET

Homeowners, Tax Credits and Deductions for Your House Can Give Your Tax Refund a Big Boost

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is essentially your taxable income. Any home improvements -- safety bars, accessibility ramps, wider doorways, railings and lifts, for example -- related to medical conditions can be included in your tax deductions for medical expenses.

by: cnbctv18

Bizloan bags ?35 crore in Series A funding, to expand technology and branch network

Bizloan, a non-banking finance company (NBFC) for small and mid-sized firms, landed an investment of ₹35 crore in a Series A funding round. The round was co led by the Michael and Susan Dell Foundation and Blinc Invest.

by: AOL

Elon Musk reportedly offers $97.4B for OpenAI. Sam Altman says 'no thank you'

Altman posted his response to Musk, which was first reported by The Wall Street Journal. The offer is a significant reduction in OpenAI's valuation. According to CNBC, SoftBank plans to invest $20 billion in OpenAI at a valuation of $240 billion.

by: Kiplinger

These 6 Things Retirees Grew Up With Are Going Away or Are Gone

Over the past six years the number of checks written has declined at a rate of 7.2% per year. At the peak in 1995, 49.5 billion checks were written annually. As of 2022, it fell to 11.2 billion, a more than 77% decline, according to the Federal Reserve.

by: Reuters

Dongfeng Motor shares surge as restructuring plans prompt merger speculation

Shares of Dongfeng Motor soared as much as 85.8% in Hong Kong on Monday after the Chinese automaker said its parent was planning a restructuring, stoking speculation that some of the state-owned players could be merged as competition grows.

by: coloradopolitics

CO PO Calendar | Feb. 10-16

CoPo's weekly political calendar will help you find political and public-policy events throughout Colorado. It includes candidate and issue campaign events, public policy meetings, court hearings, sta

by: Tuko

Kenya Airways Announces 13 Job Vacancies in Nairobi

Kenya Airways has announced 13 job vacancies across operations, finance, IT, and human resources, inviting qualified candidates to apply before the deadlines.

by: cnbctv18

Income Tax Bill LIVE updates: New bill expected to be tabled in Parliament by FM this week

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the no-tax limit from ₹7 lakh to ₹12 lakh and introduced revised tax slabs.

by: business

OutstandingBrands2025: Fidelity Bank's journey from bold beginnings to unmatched leadership

A legacy of bold beginnings In 2006, at a time when banking halls were cold, transactional spaces with tellers barricaded behind cages, Fidelity Bank Ghana dared to ask: What if banking could be human?

by: Reuters

Moody's warns of triple-A threat if Trump pulls World Bank support

The triple-A ratings of the World Bank and other top multilateral lenders would be at risk if the United States withdraws support for them following a review ordered by U.S. President Donald Trump, credit rating agency Moody's warned.

by: MSN

WSJ's Tim Higgins on Elon Musk's playbook: A win begets a win in his thinking

Tim Higgins, Wall Street Journal business columnist, joins 'Squawk Box' to discuss Elon Musk's growing influence in Washington, how Musk is bringing his business playbook to DC, and more.

by: AOL

What Will Happen If Congress Doesn't Extend the Expiring Tax Cuts and Jobs Act in 2025?

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act of 2017 (TCJA) may have gotten a reprieve. The sweeping tax legislation

by: Reuters

Hyatt to acquire Playa Hotels for $2.6 billion

Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, net of cash, the company said on Monday, seeking to expand its presence in Mexico and the Caribbean.

by: Indiatimes

Stock Market Highlights: Nifty to extend weakness below 23,290, forms red candle. How to trade on Tuesday

Stock Market Highlights | The Nifty index opened on a marginal negative note, saw selling pressure, and finally settled the day on a negative note at 23,382 level. The volatility index, India VIX, rose 5.

by: Tuko

Safaricom Advertises Internship Opportunities for Kenyan Students and Graduates, How To Apply

Safaricom said the Annual Internship Program for 2025/26 will be offered across different departments including Human Resources, Finance, and Cyber Security.

by: Kiplinger

Six Risks of Delaware Statutory Trusts in 1031 Exchanges

Here's how proper preparation can help you successfully navigate these DST risks, from market uncertainties to structural limitations.

by: MSN

Leo, Daily Horoscope Today, February 10, 2025: Caution is advised in decision-making and spending

Leo may face temporary challenges in confidence and motivation, impacting productivity and financial stability. Caution is advised in decision-making and spending. Relationship tensions could arise, requiring open communication.

by: MSN

Budget 2025: MSME definition revision a 'good decision,' says India Inc; seeks more 'aha moments' for ease of doing business

Experts have hailed certain measures announced in the Budget aimed at supporting MSMEs and exports; however, they are advocating for further streamlining of processes that can enable ease in customs and regulatory updates.

by: Indiatimes

Sensex Today | Stock Market LIVE Updates: Sensex falls over 750 pts, Nifty below 23,350; all sectoral indices trade in the red

Stock Market LIVE Updates | Benchmark equity indices Sensex and Nifty traded lower on Monday, as global trade concerns dampened investor sentiment following U.S. President Donald Trump announcement to impose reciprocal tariffs on several countries this week.

by: MSN

Budget 2025: Government rationalises amalgamation provisions - losses now limited to 8 years from original year

The budget's overarching theme focused on regulatory and policy changes aimed at easing the burden on taxpayers. During the budget speech, specific emphasis was placed on rationalising merger provisions in India through introduction of procedures which is likely to be aimed at reducing regulatory hurdles.

by: MSN

INTERVIEW | 'Census, per capita income reasons for low budget allocation': TM Vijay Bhaskar

Former chief secretary and ex-chairman of the Second Karnataka Administrative Reforms Commission TM Vijay Bhaskar spoke to TNIE editors and reporters on the State and Union budgets, importance of having an elected local body in Bengaluru,

by: Reuters

Singapore's DBS surges to record on higher margins, capital return plans

DBS Group , Singapore's biggest bank, posted a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing on Monday.

by: Reuters

Billionaire Trump says time's up for lowly US penny

U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President Donald Trump said in a posting on his Truth Social media account on Sunday.

by: ProPakistani

Govt Likely to Withdraw Excise Duty on Property Transfer

The federal government is expected to withdraw the federal excise duty (FED) on the transfer of plots and commercial properties under the Finance Act 2024
Sun, February 9, 2025

by: Reuters

Taiwan looks to buy Alaskan natural gas as seeks to head off US tariffs

Taiwan is "quite interested" in natural gas from Alaska and will continue to assess the feasibility of purchases, the economy ministry said on Monday, as the government looks to narrow the trade surplus with the United States and head off tariffs.

by: Reuters

Japan runs record current account surplus in 2024 on foreign investment returns

Japan's current account surplus jumped to a record last year, data from the finance ministry showed on Monday, as a weaker yen boosted returns on foreign investments that helped to comfortably offset a trade deficit.

by: Reuters

Singapore bank DBS fourth-quarter net profit rises 10% on year, meets forecast

DBS Group , Singapore's biggest bank, posted a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing on Monday.

by: Reuters

Singapore bank DBS fourth-quarter net profit rises 10% on year

DBS Group , Singapore's biggest bank, posted on Monday a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing.

by: Mint

India vs England 2nd ODI LIVE SCORE: Rohit Sharma roars back to form with 100, India win by 4 wickets to seal series

Riding on Rohit Sharma's 119, India chased down England's 304 with 33 balls to spare and four wickets in hand. India thus win the three-match series with a game to spare. It was Gautam Gambhir's first ODI series win as a head coach.

by: AOL

What economic leaders said about the future of AI in the workforce at Davos

Economic leaders had a lot to say about the future of artificial intelligence in the workforce — and the perspectives vary.

by: AOL

Conservative activist Robby Starbuck says JPMorgan a 'target' in crusade against corporate DEI policies

Anti-DEI activist Robby Starbuck laid out his strategy for targeting companies and getting them to shift on diversity initiatives.

by: NDTV

PM Narendra Modi To Share Exam Tips With Over 5 Crore Participants Tomorrow

The eighth edition of Pariksha Pe Charcha will be held on February 10, 2025, at Bharat Mandapam, Pragati Maidan, New Delhi.

by: Forbes

Why Do We Avoid The Things That Matter Most? Greg McKeown And An "Essentialist" Approach To Personal Finance

What is "inverse prioritization" and how do we counter the forces that seek to undermine our best intentions—personally and financially?

by: WRVO

Russell Vought takes the helm at CFPB, orders pause in agency activities

by: cnbctv18

RBI repo rate cut: These banks may benefit the most and why

Banks with high fixed-rate loan exposure and those with elevated Loan-to-Deposit Ratios (LDRs) stand to gain the most. Here's how

by: AOL

Trump tariffs rip right through C-suites and financial models

GM produces highly profitable pickup trucks in Mexico and relies on plants there to make EVs such as the Chevy Blazer and Cadillac Optiq. It has five large assembly plants in Canada and Mexico. Ford ( F) manufactures 12% of its products in the two countries.

by: Forbes

Lutnick Says EU ESG Regulations Will Harm U.S. Energy Producers

Commerce Secretary Howard Lutnick promises to use all the tools at his disposal to address concerns about new ESG regulations imposed by the EU on U.S. businesses.

by: MSN

Is Walt Disney Stock a Buy After Its Quarterly Report? It's Complicated. Here's What You Need to Know.

Last quarter's numbers reflect a business and structure that will look considerably different a year from now.

by: MSN

Why Boeing Isn't Phased By The US' Trade War With Canada, China, & Mexico

Given Boeing's status as one of the world's largest aerospace manufacturers, despite ongoing trade conflicts, has remained largely resilient.

by: MSN

AI execs at big consulting firms share their favorite prompts and how they use the technology

AI chiefs at top consultancies, including PwC, McKinsey, and Deloitte, told Business Insider how they use AI for their professional and personal lives.

by: MSN

Weekly Money Horoscope February 09 to February 15, 2025: Stay cautious about financial risks and manage expenses prudently

Most zodiac signs will see financial improvements or prospects stabilizing this week through diligent efforts and focus on saving. However, some may need to be cautious about financial risks and manage expenses prudently to avoid potential losses.

INTERVIEW | 'Census, per capita income reasons for low budget allocation': TM Vijay Bhaskar

Former chief secretary and ex-chairman of the Second Karnataka Administrative Reforms Commission TM Vijay Bhaskar spoke to TNIE editors and reporters on the State and Union budgets, importance of having an elected local body in Bengaluru,

The article from MSN India discusses an interview with TM Vijay Bhaskar, the Additional Chief Secretary of the Finance Department in Karnataka, regarding the state's budget allocation for 2024-25. Bhaskar explains that despite the state's per capita income being lower than the national average, the budget has been strategically allocated to address key areas like agriculture, education, and health. He highlights the government's efforts to increase capital expenditure to stimulate economic growth, despite the constraints of a lower revenue base. The interview also touches on the reasons for the low budget allocation, including the need to manage fiscal deficits and the impact of central government policies on state finances. Bhaskar emphasizes the importance of efficient resource utilization and the state's commitment to welfare schemes, even with limited funds.

Read the Full MSN Article at:
https://www.msn.com/en-in/money/other/interview-census-per-capita-income-reasons-for-low-budget-allocation-tm-vijay-bhaskar/ar-AA1yIswU