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Market News

Location American Market News for 24 April 2021

Tesla, Procter & Gamble, Apple: Stocks That Defined the Week

Wall Street Journal - 24 Apr 2021 01:41
Here are major companies whose stocks moved on the week's news.
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The Swiss bank's stumble is close in dollar terms to the losses JPMorgan faced from the 'London whale' trade almost a decade ago.
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History Offers Only Rough Guide to the Coming Economic Boom

Wall Street Journal - 24 Apr 2021 15:00
Past growth spurts came about when the composition of the economy was very different from what it is today.
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Govt banks offer cheaper loan for foreign education but with riders Before finalising on a loan, it's essential to look at the way it has been structured. With some lenders, especially government banks, a student doesn't need to start repaying until six months of having completed the cou...
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How to evaluate a lender when availing a top-up home loan If you avail a top-up home loan from your existing lender, the interest rate could be higher than the home loan rates for new customers
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Lesser-known reasons for home loan rejection

livemint.com - 24 Apr 2021 12:49
Lesser-known reasons for home loan rejection The eligibility for a home loan is directly related to the loan tenor. If you are younger, you have a longer time to repay your loan, you can have a loan with a longer tenor and lower equated monthly instalments (EMIs)
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Don't go by thumb rules while determining term insurance cover An insurance cover should be proportionate to an individual's economic value, or also called human life value to the family. The concept primarily considers the value of future income, expenses, liabilities and investmen...
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What are the income tax rules on sale of property bought in name of wife? In case the property was let out the rent received on the shop is also required to be included in your income for all those years
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A relative wants to gift cash to me. What are the income tax implications? The gifts are taxable in the hands of recipient under Section 56(2)(x) but gift from certain specified relatives are outside the scope of this provision
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How to Break Up With Your First Credit Card

Wall Street Journal - 24 Apr 2021 06:16
Many people still use the first credit card they ever received, out of sentiment or just plain laziness. But that card may be costing them, in high fees or lack of rewards. Here's how to break the habit.
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