Personal Finance

  • News18

    Factbox: Five Takeaways From Facebook Oversight Board's Trump Case

    Facebook's oversight board, a body set up by the social network to give independent verdicts on a small number of thorny content decisions, has ruled Facebook was right to bar former U.S. President Donald Trump after the Jan 6. riot but wrong in placing an indefinite suspension.

  • NewsBytes

    Trump's Facebook ban upheld by Facebook-funded Oversight Board

    Facebook-funded Oversight Board upheld the social media giant's decision to ban former US President Donald Trump on all its platforms following the January 6 Capitol riots. The 20-member committee, however, advised Facebook to reassess the permanent ban in its decision on Wednesday. Facebook is now required to review the length of the suspension within the next six months.

  • News18

    Xiaomi Could Be Working iPad Competitor With 120Hz Display, Snapdragon 8-Series SoC

    All the three speculated Xiaomi tablets are said to come with Qualcomm's Snapdragon 8-series chipsets, which are found rarely on Android tablets these days.

  • News18

    Looking For a Guaranteed Regular Return After Retirement? Check this New Pension Plan

    The pension plan offers a guaranteed return that does not depend on market's volatility or the insurers’ performance.

  • ET Now

    Automakers set to report monthly sales: Watch for impact from localized shutdowns

    Auto makers will be declaring their auto sales for the month gone by , expectations are muted and also expectations are being looked at against the same month in 2019 , as last year the month was a washout. Key expectations from the ET NOW poll • April 2020 a washout month hence comparisons with April 2019 • Most automakers to pause production from 1 May for O2 diversion • 2nd wave impact: Nomura says retails affected by 30-50% MoM • 2-wheelers to be worst hit given the hit to marriage season • 2-wheeler inventory levels said to be on higher side - 30-60 days at dealers end

  • ET Now

    Dalmia Bharat To ET NOW: Sector benefitting from Infra spends

    Dalmia Bharat after delivering a robust operational performance spoke to ET NOW regarding the quarterly performance, the demand trends and the way forward. Here are the result highlights and key takeaways from the ET NOW interaction. DALMIA BHARAT -Q4FY21 REVIEW (Robust Operational performance) Revenues at Rs. 3281cr vs Rs. 2483cr, up 32% YoY EBITDA at Rs. 776cr vs Rs. 508cr, up 53% YoY EBITDA margins at 23.7% vs 20.5% PAT at Rs. 640cr vs Rs. 24 cr, up 27x Sales volumes at 20.7Mnt, up 24% YoY Key takeaways • Started year with a lot of uncertainty • Pulled cash down and prepared ourselves for the uncertainty • Started Q1 with volume decline, industry saw a V shaped recovery • Did see strong demand from pending projects • Second half saw larger players gaining further market share • Have benefitted from overall macro spend and infrastructure spending • Facing mini lockdowns across the country • Many East India states facing significant challenges in the second wave • FY21 we posted our best operational performance • Plans to invest in Odisha grinding unit are on track • Continuing to invest in projects that are already on stream • Will wait & take a call on further capex in coming times • Continuing to invest in Murli Industries, expect production to begin in June this year • Need to spend around 500-700cr in Murli capacity, expect limestone strong visibility too

  • News18

    Amazon to Raise Pay for 5,00,000 Workers After Failed Unionization Drive

    In 2018, Amazon raised its minimum wage to $15 an hour for all US employees.

  • News18

    Samsung Heirs To Pay Over $10 Billion, Donate Mass Art Trove in Inheritance Tax

    The Lee family, including his wife and three children, expects to pay more than 12 trillion won ($10.8 billion) in taxes related to inheritance, Samsung said

  • Reuters

    As U.S. capital gains tax hike looms, wealthy look for ways to soften the blow

    Wealth advisers are counseling clients to max out their retirement accounts, park gains in tax-deferred opportunity zone funds and even sell some assets to avoid being clobbered by a potential U.S. capital gains tax hike. The White House will this week propose nearly doubling taxes on capital gains to 39.6% for people earning more than $1 million, Reuters and other media outlets reported, in what would be the highest tax rate on investment gains since the 1920s. Any changes will be hard-fought in Congress, where Democrats hold a slim majority, and the final tax rate will likely be lower than the White House's opening salvo.

  • News18

    Jawa Forty Two Motorcycle Gifted to Railway Pointsman Mayur Shelke Who Saved a Child from Accident

    The Ministry of Railways had said the pointsman risked his life to save the child’s life. “We salute his exemplary courage and utmost devotion to the duty.”