Economy
4 financial moves to make before the year ends
December 17, 2021 08:00 AM EST| By AshishHighlights At the end of a year, people generally review their financial performance of the past 12 months. They do so to learn from their mistakes and enter the new year in the best possible financial position. They also want to take th.....
Omicron’s spread: How severely can it impact global recovery?
November 29, 2021 09:26 AM EST| By Sreenivas D AjankarHighlights The new variant of coronavirus, Omicron, has caused a lot of fear and concern amongst investors worldwide. Many countries have started to put a travel ban on flights originating from African countries to curb the spread of .....
Do you want to give crypto a shot? Here are few tips
November 27, 2021 08:15 AM EST| By Aditi SahaThe crypto space is becoming too large to ignore, and it's only getting bigger. From teenagers to millionaires, the crypto craze has gripped the world. To increase their fortune, many are getting addicted to crypto investments. Because of the .....
How do Britons pay their taxes?
November 24, 2021 07:43 AM EST| By Priya BhandariHighlights Only 48% of Britons said they have total knowledge about how much tax they pay. Rest are still clueless about basic tax breakup. The Basic tax includes Income Tax, Inheritance tax, Capital Gains Tax, Corporate tax, Value added .....
How supply chain meltdown can affect your Christmas feast
November 22, 2021 06:44 AM EST| By Priya BhandariHighlights The UK’s supply chain crisis is causing shortage of products in supermarkets and rising inflation with warnings of shortages of everything for the Yuletide toast. Britons have started shopping and preparations for Christm.....
Japan mulls US request to use gas stockpiles, rations in BC after flood
November 21, 2021 01:09 AM EST| By Sundeep RadeshHighlights Japan is considering tapping into its gas stockpiles after US’ request to India, Japan and China Under Japan’s law, it’s illegal to use reserves to lower prices British Columbia hit with gas rations after flo.....
Three Amigos Summit: What’s at stake as Trudeau heads to Washington?
November 16, 2021 08:57 AM EST| By Sundeep RadeshDubbed the ‘Three Amigos Summit’, the North American Leaders' Summit (NALS) was last held in 2016 when Presidents Barack Obama and Enrique Peña Nieto headed north to convene with Prime Minister Justin Trudeau. During the Trump er.....
Glasgow summit: COP26 climate pact in a nutshell
November 16, 2021 05:25 AM EST| By Rishika RainaAfter being overrun by a day, Saturday bought an end to the COP 26 UN Climate Change Conference hosted by the UK in Glasgow. Government representatives, negotiators, businesses, and citizens from all over the world came together at the summit .....
Will 2022 be a normal year for world economy?
November 16, 2021 01:38 AM EST| By Toshiva JainThe present world economy is looming as several market changes are taking place around the globe. Be it the energy crisis, or the fall of China’s property market or the high inflation in most economies; economists are in an acute situation to.....
Can Fed’s tapering crash markets?
November 08, 2021 05:43 AM EST| By Ankit SethiHighlights The Fed has decided to reduce its bond purchase by US$15 billion per month Emerging market economies have not reacted to the news, and Canada’s benchmark index is also up Any eventual rate hike by the Fed is likely to have ver.....
How global banks can help in controlling greenhouse gas emissions
November 03, 2021 10:22 AM EDT| By Rishika RainaAmid the ongoing COP26 UN Climate Change Conference being hosted by the UK , hundreds of the biggest banks and pension funds across the globe have come together to mitigate the greenhouse gas emissions with financial assets worth US .....
95% mortgage: All you need to know
November 03, 2021 08:09 AM EDT| By Priya BhandariHighlights A 95% mortgage refers to Loan-to-value (LTV) of owning a house, 95% of the house price will be covered by a mortgage, while 5% of the mortgage to be stumped up as a deposit. The government’s Mortgage Guarantee Scheme help.....
What does Australia's Retirement Income Covenant have in store for retirees
November 03, 2021 06:11 AM EDT| By Akanksha VashishtBig changes lie ahead for the Australian Superannuation fund holders as Australia’s Retirement Income Covenant is set to be effective from July 1st, 2022. Superannuation, or “Super”, as the Aussies call it, is one of the most impo.....
Why COP26 Summit is so crucial now
November 01, 2021 08:42 AM EDT| By Priya BhandariThe COP26 stands for “conference of the parties” under the United Nations Framework Convention on Climate Change, and the summit aims to reach a consensus to implement the 2015 Paris Agreement, where 200 countries around the world agree.....
What could BoC's call to end bond-buying program mean for Canadians?
October 30, 2021 12:24 AM EDT| By Team Kalkine MediaThe Bank of Canada announced Wednesday, October 27, that it is putting an end to its bond-buying program. Inflation has been skyrocketing and rising energy prices and supply chain bottlenecks have not helped, putting the bank under pressure. The d.....
Can you give away stocks as donations?
October 28, 2021 02:38 AM EDT| By Rishika RainaDonating stocks instead of cash is always a better option considering the interest of both parties. A wide range of charities, schools, hospitals, and other non-profit organisations prefer receiving stocks as gift or donation as it provides them wi.....
Autumn Budget: Top 10 expectations from Sunak
October 27, 2021 04:14 AM EDT| By Rishika RainaHighlights The Autumn Budget is due to be delivered by Chancellor Rishi Sunak at the parliament on Wednesday. The Budget is set to come ahead of a rough winter due to rising fears of inflation and soaring energy prices, which have negativ.....
China plans new property tax; here’s how it may hit Australia
October 25, 2021 10:51 PM EDT| By AshishHighlights China has announced plans to roll out a pilot real estate tax amid the ongoing rise in real estate speculation across the country. The National People's Congress Standing Committee has provided the nod to the latest plan to promote ".....
UK launches world’s first green savings bond: What the savers can get?
October 22, 2021 07:47 AM EDT| By Suhita PoddarHighlights The UK launched the world’s first retail green savings bond, issued by the National Savings and Investments The move follows after the UK has raised a total of £16 billion in green sovereign bonds since the last month .....
Why falling inflation is not good news
October 22, 2021 01:52 AM EDT| By Rishika RainaHighlights UK headline inflation dropped from 3.2% in August to 3.1% in September as per latest ONS figures. In the recent months, inflation has been above the 2% target set by the UK Government, with expectations of hitting 4% by the end of th.....