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Market News

Location American Market News for 1 May 2021
Stock Market: Pockets Of Potential Growth Point To Employment, Economy And Business Gains The more challenging "crowd" industries are moving ahead, and that will return millions of employees to work
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Chairman Warren Buffett kept buying back Berkshire shares aggressively in the first quarter, but at a slightly slower pace.
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Pros and cons of investing in bank fixed deposits

livemint.com - 1 May 2021 06:51
Pros and cons of investing in bank fixed deposits The booked interest rates of bank FDs remain fixed till their maturity, irrespective of any change in the banks' FD card rates in the interim.Interest earned from bank FDs, including tax-saving FDs eligible for a tax ded...
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Remember, Selling Into Strength Is How You Make Money In The Stock Market Here are some 'risk-off' signals that make me a little more cautious heading into May.
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6 Reasons Andy Jassy Could Drive Amazon's Market Cap Above $30 Trillion Andy Jassy could improve how Amazon does business -- sending Amazon's stock up 33% a year for the next decade.
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How Credit Cards Affect Our Brains---and Our Spending

Wall Street Journal - 1 May 2021 19:00
Buying with plastic doesn't just eliminate a barrier to buying. It actively encourages purchases, a study finds.
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Berkshire Hathaway Chairman and Chief Executive Warren Buffett kicked off his firm's annual meeting Saturday in Los Angeles with his business partner and top lieutenants in tow.
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Sudden and unexpected deaths have left millennials and others in an unfamiliar world of uninventoried assets and probate attorneys
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The Inflation Scare Doesn't Match Reality

Forbes - 1 May 2021 15:41
The Inflation Scare Doesn't Match Reality The 2021 Inflation Scare is a false alarm. Not quite Fake News, but close. The Plain Fact is: Real Inflation has essentially disappeared from the U.S. economy.
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Lenders that offer the best rates for used cars

livemint.com - 1 May 2021 15:15
Lenders that offer the best rates for used cars Government banks have cheaper rates for used cars, but most of them offer it to their existing customers
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How much impact 25 bps rate cut makes to your home loan State Bank of India has reduced its home loan rates. From 1 May, the lowest rate from the bank is 6.7%. Earlier, it was 6.95%
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How legal heirs can transfer real estate of deceased There is a legal procedure to get the property transferred in the name of the legal heirs or beneficiaries. Here's how you can go about it
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Income tax compliance deadlines extended amid covid surge. Details here The relaxations are the latest among the recent initiatives taken by the Government to ease compliances to be made by the taxpayers with the aim to grant respite during these difficult times.
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Old income tax regime vs New: Which one you should opt for? The salaried have the option to choose between both the income tax regimes every year
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7th Pay Commission latest news: Centre issues clarification on pay fixation for employees The decision to allow extension for pay fixation will have direct impact on the central government employees' 7th pay commission pay matrix
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How GST applies to flat owners, RWAs

livemint.com - 1 May 2021 07:47
How GST applies to flat owners, RWAs After fulfilling the condition both RWA and flat owners will have to pay 18 per cent GST even when the RWA doesn't have GST registration
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Sale of jewellery: Income tax rules on gains explained Profits on sale of jewelry are treated as long term if the jewelry is sold after three years else it becomes short term if sold within three years
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Deutsche Bank Ordered to Improve Money-Laundering Safeguards

Wall Street Journal - 1 May 2021 02:46
BaFin said the bank should take further steps to safeguard against money laundering, suggesting it still has found shortcomings at a bank repeatedly reprimanded for lacking proper controls.
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Domino's, Ford, Kraft Heinz: Stocks That Defined the Week

Wall Street Journal - 1 May 2021 00:40
Here are seven major companies whose stocks moved on the week's news.
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