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Market News

Location American Market News for 31 May 2020
Success Is The Best Revenge: Pandemic Epicenter In China Gets A New Billionaire Investors are upbeat about stocks that benefit from domestic growth
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U.S. Stocks Outpacing Rest of the World

Wall Street Journal - 31 May 2020 11:30
U.S. stocks have staged a furious rebound since late March, leaving global markets behind.
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The Looming Trump Tax Timebomb For Corporate America's Debt Addicts President Trump's 2017 tax cuts came with a feature everyone has forgotten. Leveraged companies were supposed to see their tax bills rise in 2022 to help contain spiraling deficits.
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Macau's GDP Plunged By Nearly Half In 1st Qtr As Pandemic Hit Tourism Visitor arrivals to the world's largest gambling center fell by 69% in the first quarter
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This ETF Booms as Investors Bet on Airlines

Wall Street Journal - 31 May 2020 18:00
Investors betting on the recovery of the global airline industry have poured hundreds of millions of dollars into a previously small exchange-traded fund over the past three months.
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But you should opt for SIPs as they inculcate the discipline of investing regularly
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The premium is fixed on the basis of the age band. Such premium is the same for someone with or without a claim history. So your premium would not increase on renewal
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Other options to look at as RBI stops 7.75% bonds

livemint.com - 31 May 2020 17:23
For higher interest rates, you may either choose a longer tenure or take higher risk.Longer-dated debt gives higher yields to make it worthwhile for you to stay invested for the long term
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How To Squeeze 7% Yields From Wall Street's Safest Sector Have utility stocks been stripped of their safe-haven status?
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Wooden Turbine Towers Promise To Push Wind Industry To Greater Heights A new concept for modular, wooden wind turbine towers could allow turbines to produce even more energy
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The big question that hangs in the air is not when AMC branches reopen, but whether investors will open their smartphones and laptops to start investing again.
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Covid-19 cases are rising, and people are likely to be cautious despite the restrictions lifting up..The gap between the purchasing power and affordability has gone up due to job losses and pay cuts.
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In the wake of covid-19, people are taking health insurance more seriously and are preferring term plans over others life covers
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The new forms require a separate table to disclose tax-saving investment made in Q12020 for availing them in FY20..The newly notified forms also ask for details such as high spendings and deposits made by the taxpayers.
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All ITR forms for FY 2019-20 has now been issued by the income tax department.The last date for filing of income tax returns has been extended to November 30
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