AI has changed investing. Or has it changed investors?
In the age of AI, what additional value does a financial adviser really bring?
In the age of AI, what additional value does a financial adviser really bring?
Asian stocks gained as further evidence of moderating US inflation and a pullback in oil prices reinforced bets that the Federal Reserve will refrain from raising interest rates next month. MSCI’s Asia Pacific equities gauge advanced 0.4%, with South Korea’s Kospi Index jumping almost 3%. Earlier, the S&P 500 rose 0.7% Thursday to a record,…
Analysts at global brokerage firm Jefferies remain bullish on Belrise Industries and have reaffirmed their ‘Buy’ rating on the auto components and equipment manufacturer, citing strong new-order traction in the automotive segment and the company’s expanding presence in non-auto sectors such as renewable energy and aerospace.Jefferies analysts Nitij Mangal, Sagar Sahu, Kevin Verghese and Rishi…
The US securities regulator proposed rules on Wednesday that would broaden access to private assets traditionally reserved for wealthy or professional investors. This could potentially give more Americans opportunities for higher returns while exposing them to greater risks, according to the Reuters report. The Securities and Exchange Commission’s proposals form part of the Donald Trump…
The presence of gold jewellery in a property during an income-tax search does not, by itself, mean that the asset can be confiscated. The tax authorities consider factors such as the source of the jewellery, the circumstances in which it was acquired and whether the holdings can be reasonably explained. This distinction is important because…
If you are a software engineer earning additional income by developing and selling mobile applications as a side business, you may consider the presumptive taxation scheme under Section 44ADA while filing your income tax return (ITR). The scheme can simplify tax compliance and may allow eligible taxpayers to account for expenses related to their professional…
Shares of Bandhan Bank plunged nearly 15% to an intraday low of Rs 177.35 on Wednesday after the private lender reported its Q1 results and lowered its return on assets (RoA) guidance, citing an uncertain global macro environment and intensifying competition in deposit pricing. The bank, which announced its April–June quarter results after market hours…