Elon Musk may soon become the world’s first trillionaire. This is due to the upcoming initial public offering of his company SpaceX. The IPO is expected to be the largest in history. If valuations hold true, Musk’s personal fortune could surge past the trillion-dollar mark. This event could reshape global wealth rankings and create new
Indian equity benchmarks closed lower on Thursday, impacted by global weakness, rising crude oil, and Middle East tensions. IT stocks saw significant selling, while banking and pharma offered some support. Markets experienced volatility throughout the session, reflecting investor caution amid geopolitical concerns and FII outflows.
Wipro’s Rs 15,000 crore share buyback is now open, offering shareholders Rs 250 per share, a significant premium over the current market price. The offer, valid until June 17, presents a potential arbitrage opportunity for retail investors. However, analysts suggest limited gains, with acceptance ratios expected around 20%, and caution about risks associated with unaccepted
Assam’s prized Tezpur litchi has made its international debut with the first export consignment reaching Dubai. This milestone, facilitated by APEDA, highlights efforts to boost Northeast agricultural exports. The GI-tagged fruit, celebrated for its exceptional taste and aroma, fetched farmers higher prices, promising enhanced livelihoods and opening new global markets for this century-old cultivation legacy.
At its core, the law defines a contract labour as someone who is hired through a contractor to work in connection with the business of an establishment.
Indian refiners have secured sufficient crude oil and LPG supplies to last through August and mid-July respectively, mitigating concerns from the ongoing Middle East crisis. Purchases from ADNOC and other suppliers, including significant crude acquisitions from the UAE and Brazil, have bolstered inventories. India and the UAE are also expanding strategic oil reserves to enhance
As India moves to strengthen its energy security amid persistent geopolitical risks in the Middle East, New Delhi and Abu Dhabi have started implementing initiatives announced during PM Modi’s visit to the UAE last month.
Gold and silver price prediction today: Gold prices are seeing a bearish structure with the downtrend in place. Silver prices are trading cautiously, though with a negative bias, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group.
President Trump expressed an unexpectedly positive view on recent inflation data, “loving” the rise in consumer prices despite it being the fastest annual pace in over three years. He attributed the increase primarily to energy costs linked to the Iran conflict, claiming his administration’s actions would stabilize oil markets and ease inflationary pressures.
First, let’s understand what Form 26AS is – it’s essentially a tax statement that is linked to the taxpayer’s PAN. It shows details of tax dedicated at source and tax collected at source. It’s a key document that is essential for taxpayers when filing their income tax return.
