Market News
Luxury's Trouble Getting Down With American Kids
Wall Street Journal - 15 Sep 2019 17:02
Luxury brands have done a great job of attracting young Chinese shoppers. Cash-strapped U.S. millennials will be a tougher sell.
Johnny Burris, JP Morgan Whistleblower and American Hero
Forbes - 15 Sep 2019 16:23
Johnny Burris, a former JP Morgan financial adviser turned whistleblower, has taken a principled stand against what he sees as corporate greed when most would run for cover. Like many other whistleblowers, he's endured s...
Cannabis Stock Bear Market Struggling to Reverse
Forbes - 15 Sep 2019 23:11
Cannabis stocks were supposed to the be the big winners of 2019, but year-to-date the benchmark cannabis ETF has returned around 1.8%, less than a T-Bill.
Will banks offering repo-linked rates impact NBFCs and HFCs?
livemint.com - 15 Sep 2019 19:40
The RBI has mandated banks to link their lending rates to an external benchmark like the repo rate to ensure faster transmission of policy rate changes to customers. .Nilanjana Chakraborty asks experts how partial implem...
Will The Fed Rate Cut Stall The Market's Rally?
Forbes - 15 Sep 2019 19:14
The sharp rise in yields caught many by surprise and now investors as well as traders are wondering whether a rate cut this week will push stocks even higher or stall the rally. Tom Aspray takes a technical look at yield...
Car loan compared: Interest rate, EMI, processing fee
livemint.com - 15 Sep 2019 19:04
A loan for longer may mean smaller EMIs, which makes the car seem more affordable, but overall, you pay more as interest.Don't forget that a car is a depreciating asset, so taking a bigger loan may not be the best thing ...
Salary received abroad by 'resident and ordinary resident' is taxable in India
livemint.com - 15 Sep 2019 18:56
You may evaluate claiming foreign tax credits under the India-US Double Tax Avoidance Agreement, for the taxes, if any, paid in the US on the salary received during the assignment, subject to satisfaction of conditions
The new iPhone is cheaper. Should you EMI it?
livemint.com - 15 Sep 2019 18:47
Easy-to-get EMI options may lure you but opt for them to buy the new iPhone only if you are sure of future revenue streams, given the slowdown.It is a good idea to understand the full cost of the loan and the phone befor...
How your investments in NPS are faring
livemint.com - 15 Sep 2019 18:33
There are eight pension fund managers to choose from and one of the ways to choose your fund manager is by tracking the returns.Here is a breakdown of the performance of different funds of the private sector NPS
Soon, you will be able to track your loan application status online
livemint.com - 15 Sep 2019 17:08
Given the complexity and the long process involved before a loan is sanctioned, tracking its status can help you save time and plan your next course of action accordingly.Some lending institutions already have a loan app...
Sorry Energy Consumers, Shale Won't Save You
Wall Street Journal - 15 Sep 2019 17:01
Booming U.S. oil production has altered the world energy landscape, in part because it is so nimble, but it can't plug a hole of the size created by the weekend attack on Saudi Arabia.
Opinion | Idea of financial freedom needs to appeal to women
livemint.com - 15 Sep 2019 16:50
Unless financial freedom becomes trendy, it won't be widespread among women
Junk Debt Sends Early Warning Signals
Wall Street Journal - 15 Sep 2019 13:00
Warning signals are starting to flash in the market for junk debt, an indicator that investors are worried that companies with high debt loads could be at risk even if the U.S. economy avoids recession.
How cost inflation index helps you bring down your tax liability on LTCG
livemint.com - 15 Sep 2019 11:56
The CBDT has set the CII for FY2019-20 as 289, from 280 in FY2018-19. The base year for CII was changed from 1981 to 2001 through the Finance Act, 2017.You can bring down your tax liability on LTCG, by adjusting the inve...
Resilient U.S. Growth Propels Stocks as Trade Fears Ease
Wall Street Journal - 15 Sep 2019 11:30
Investors are piling back into stocks and unwinding massive bets on haven assets, illustrating renewed faith that a resilient U.S. consumer can continue powering economic growth.
Altico Capital default hit debt funds, side pockets created
livemint.com - 15 Sep 2019 10:33
Investors holding the segregated portfolio will be paid money once there is recovery in the troubled debt.Mutual Funds have a collective exposure of about ₹538 crore to the Altico
No relief for buyers stuck in Amrapali, Unitech, Jaypee and other stalled projects
livemint.com - 15 Sep 2019 10:00
These developers along with several others have ongoing cases against them in NCLT, making them ineligible for the last-mile funding.As many as 220 projects or 174,000 homes are completely stalled in the top seven cities
How to use NPS to reduce your income tax this year
livemint.com - 15 Sep 2019 05:27
The government has increased the income tax exemption limit on withdrawal from NPS.An employee can deposit contribute towards NPS directly or route contribution through the employer