Market News
Where Will Bitcoin's Price Go Next?
Forbes - 5 Jul 2019 01:27
If you are going to play the bitcoin game, have a plan and stick to it.
Citigroup's $21.5-Billion Capital Return Plan For 2019 Is Slightly Lower Than Its 2018 Plan
Forbes - 5 Jul 2019 16:45
Citigroup will be returning $21.5 billion to its shareholders over the next twelve months as a part of its latest capital return plan. Trefis has analyzed trends in the bank's dividend payouts and share repurchases over ...
Fed's Growth Restrictions Force Wells Fargo To Loosen Its Purse Strings For Investors Yet Again
Forbes - 5 Jul 2019 16:30
Wells Fargo recently detailed its intention to return $31.4 billion to shareholder over the next 12 months. Trefis has analyzed the trends in the bank's dividend payouts and share repurchases over the last 5 years and ha...
Oil Market Outlook Is Bearish And OPEC Triumphalism Won't Stop 2020 From Getting Ugly
Forbes - 5 Jul 2019 20:52
In concert with 10 Russian-led non-OPEC producers, the cartel's latest meeting provided triumphalism, poems, charters, open acrimony and production cuts already priced in, but little for oil market bulls to feel reassure...
Johnson & Johnson: How Does Darzalex Compare To Other Multiple Myeloma Drugs?
Forbes - 5 Jul 2019 19:52
Johnson & Johnson's (NYSE:JNJ) oncology drug, Darzalex, has been doing well of late, and it was recently approved by the U.S. FDA in combination with Lenalidomide and Dexamethasone for newly diagnosed multiple myeloma pa...
The Departure Of BMW's CEO Shows The Worsening Environment For Car Companies And Their Stocks
Forbes - 5 Jul 2019 19:26
You would be better off putting your money in a coffee can than investing in car stocks.
Indian household: The saving grace of the nation's economy
livemint.com - 5 Jul 2019 19:13
The Indian household saves quite well, but clearer policy thinking can convert this saving to investment.Policy change must put in place rules that encourage financialization, remove arbitrage and reward the tax-paid mon...
How Much Revenues Does Roche Stand To Lose Given The FDA Nod For Pfizer's Biosimilar For Avastin?
Forbes - 5 Jul 2019 18:45
Roche Holding's (NASDAQ:RHHBY) oncology portfolio is its largest therapeutic area, and Avastin is one of its top selling drugs. However, it is expected to lose market exclusivity this year, and Pfizer's Zirabev, a biosim...
Trump Is Falling Almost 1 Million Jobs Short Vs. Obama
Forbes - 5 Jul 2019 18:05
Trump's economy is not the best ever. In fact Obama added almost one million more jobs than Trump over the same timeframe.
Why Broadcom's Rumored $15-Billion Acquisition Of Symantec Makes Sense
Forbes - 5 Jul 2019 17:00
Symantec shares jumped almost 14% over trading on July 3rd following reports that it could potentially be acquired by Broadcom for $15 billion. The security software company saw its share price cross $25 for the first ti...
Despite Rally, Technology Sector Q2 Earnings Seen Falling Amid Tough Comparisons
Forbes - 5 Jul 2019 16:47
Despite a big rally for the sector in June, many analysts expect Technology earnings to drop pretty significantly year-over-year in Q2, a victim in part of tough comparisons to a year ago.
Gold Futures Under Pressure After Stronger-Than-Forecast Jobs Number
Forbes - 5 Jul 2019 16:15
This morning, we're seeing a case of strong economic data actually weighing on market sentiment as a bumper jobs report dampens rate-cut expectations
Bitcoin: Is Consolidation Of Price A Good Sign?
Forbes - 5 Jul 2019 15:15
The current consolidation of the Bitcoin price may last for a few weeks. I believe if one particular scenario plays out, we are likely to see an all-time high as early as the end of Q3.
NPS withdrawals made tax-free in Budget. Details here
livemint.com - 5 Jul 2019 12:07
NPS currently has exempt, exempt and taxable or EET status, meaning that on withdrawal NPS was partially taxable.Tax experts said that there was a need make NPS withdrawals more investor friendly
ITR filing to get simpler, pre-filled returns to be available for download
livemint.com - 5 Jul 2019 10:10
The information in the ITR forms will be collected from various sources such as mutual fund houses, registrars, and banks.A tax-payer just need to verify the pre-filled form and submit the form
Income tax rates, slabs and deductions for FY 2019-20
livemint.com - 5 Jul 2019 03:47
Tax deductions are considered after taking into account exempt income.Investment in NPS qualifies for additional tax deduction of up to ₹50,000 under Section 80CCD(1B)
Income tax on selling gold: Here are key things to know
livemint.com - 5 Jul 2019 03:46
Capital gains from sale of gold depends on whether it is short term or long term.Income tax on gains from gold depends on the form of investment