Trump's 10% Credit Card Cap Sparks Debate on Consumer Impact

Former US President Donald Trump's proposal to cap credit card interest rates at 10% for one year has ignited a fierce debate. Supporters argue it could save Americans billions, while critics warn it may restrict credit access for vulnerable borrowers.

India's Crypto Tax Needs Reform: Lower TDS, Allow Loss Set-Offs

India's 2022 crypto tax framework, with 30% income tax and 1% TDS, has driven trading offshore. Experts urge reforms in the upcoming Budget: reduce TDS to 0.01% and allow loss set-offs to bring activity back to regulated Indian platforms.

Vedanta Hits Record High, Nuvama Target ₹806

Vedanta shares surged 6.6% to a new peak of ₹679.45, extending gains for four straight sessions. Nuvama raised its target price to ₹806, citing strong metal prices and demerger benefits.

Ghost Mansion Trap: Why Indians Build Empty Palaces

Many Indian professionals construct lavish village homes as status symbols, creating financial burdens. These 'Ghost Mansions' drain resources while remaining vacant. Experts advise utility-focused renovations over ego-driven construction.

Nifty, Sensex Slip on Foreign Selling, Global Worries

Indian stock markets declined on Wednesday with Nifty and Sensex falling for the sixth time in seven sessions. Foreign investor selling, trade disputes, and geopolitical tensions pressured indices while metal shares gained.

Silver & Gold Hit Record Highs on MCX, City Rates

Silver and gold prices surged to record highs on the Multi Commodity Exchange today, with city-wise rates for Chennai, Delhi, and Mumbai showing significant increases. The rally is driven by global factors and strong demand.

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