Last week, IDFC First Bank said its board had approved its merger with IDFC Ltd., the latest in a wave of consolidation in India’s financial sector.
Category: Finance News
‘Tourflation’? Taylor Swift, Beyoncé and Bruce Springsteen could be making inflation worse
As inflation remains high in many countries around the world, economists have found themselves considering a surprising potential contributor: music concerts.
One of Asia’s most luxurious trains is returning to the rails with a new route
Belmond announced today that the Eastern & Oriental Express luxury train, which will run from Singapore to Malaysia, is restarting in February 2024.
Luxury spending recovery is the first wave of China’s multi-phased reopening: Pictet
Gillian Diesen of Pictet Asset Management discusses the revival of the luxury spending market in China multiple stages in China’s re-opening.
China has a new foreign relations law. Here’s what it means for business
For foreign businesses in China, geopolitics hold more sway than new Chinese laws, analysts say.
Meta surges as 100M sign up for its Threads platform. Here’s how to play the stock
Pros on CNBC discuss Meta’s new platform, Threads, after it passed 100 million users and its stock hit a 17-month high Monday.
Stocks making the biggest moves midday: Carvana, Icahn Enterprises, Novavax, Fisker and more
These are the stocks posting the largest moves in midday trading.
Powerball jackpot grows to $650 million. Here’s the tax bill if there’s a winner
If you beat the odds and win the Powerball jackpot, your winnings shrink significantly after the IRS takes its share.
Bearer of rare ‘One Ring’ card from ‘Lord of the Rings’ lore could fetch $2 million and face hefty tax bill
An ultra-rare “One Ring” serialized “Magic: The Gathering” card was reportedly found by an individual in Canada. If sold, they’d likely owe a big tax on profits.
Trying to choose Pretax vs. Roth 401(k)? Why it’s trickier than you think, experts say
If you’re trying to pick between pretax and Roth 401(k) contributions, here are some factors you need to consider.