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[ad_1] This year’s sharp interest rate hikes have finally made a tax-free savings account (TFSA) “saving” worthwhile. Until now, the TFSA served as a tax-free investment account. In the year When it took effect in the wake of the global financial meltdown in 2008, the world’s major central banks conspired to keep benchmark interest rates … Read moreHigher interest rates breathe new life into the TFSA
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[ad_1] Dec 20 (Reuters) – Oilfield services provider Petrofac Ltd (PFC.L) on Tuesday forecast an annual operating loss of nearly $100 million due to challenges in recovering costs at its engineering and construction (E&C) division. The group expects its largest division E&C to post an annual operating loss of around $190 million, as the division’s … Read morePetrofac points to annual operating loss due to higher engineering costs
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[ad_1] The operating margin of Indian IT professionals is expected to improve as attrition – the main factor that has dented company profitability in the past few quarters – registers a significant decline as the demand cycle is expected to moderate and layoffs across the industry have cooled the “job market”. According to experts, attrition, … Read moreAs the decline falls, Indian IT professionals expect higher margins
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[ad_1] Operating margins for Indian IT professionals are expected to improve as downsizing – a major factor that has dented companies’ profitability in the past few quarters – falls sharply as the demand cycle is expected to soften and industry-wide layoffs cool the “job market”. According to experts, attrition, or the number of employees leaving … Read moreDeclining: As curtailment comes down, Indian IT professionals expect higher margins
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[ad_1] LG Manoj Sinha met Power Minister RK Singh in New Delhi on Thursday. Sinha briefed the minister about AT&C’s loss reduction efforts Excelsior Reporter NEW DELHI, Dec 15: Lt. Governor Manoj Sinha today met Union Power Minister RK Singh in Delhi.Power Secretary Alok Kumar and other senior officials of the Ministry of Power, New … Read moreLG meets power minister, seeks higher power distribution in J&K – Jammu Kashmir Latest News | Tourism
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[ad_1] Lower-than-expected U.S. inflation data raised hopes that the Federal Reserve may soon scale back its inflation-taming interest rate hikes, giving equity bulls a leg up. Key Indian equity indices opened higher on Wednesday, led by gains in banking, financials and IT stocks, ahead of tonight’s Fed meeting. The BSE Sensex was trading 176 points … Read moreImpact on inflation in the US | Sensex: Softer US inflation data boosts Sensex 200 points higher
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[ad_1] Equity funds saw high returns as investors poured in large amounts during the market downturn. Retail investors have consistently demonstrated investment maturity over the past few years, with lower levels of income at higher market levels. Investors have been betting big on strategic investment plans or SIPs to generate long-term wealth. The Mutual Fund … Read moreAs equity mutual funds see higher income streams, what should MF investors do?
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