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Market News

Location American Market News for 8 August 2021
The Payroll Numbers Won't Prevent Economic Growth From Softening Employment was the big story of the week with headline Payroll Employment rising 943K Seasonally Adjusted (SA). But, looking beneath the surface reveals that this isn't quite what, at first blush, it appears to be
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Valuations make new AIF scheme a great bet, says Kamath Tax efficiency is unlikely to be a big difference, but a slight advantage, says Nikhil Kamath, co-founder of Zerodha
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Listed realtors are raising prices but don't confuse that for a trend Reputed developers had commanded a premium even before covid and will keep doing so
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Britain has made deeper emission cuts than most major economies. How it fares on further reductions will offer clues to the U.S. and other countries.
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What a car loan costs you

livemint.com - 8 Aug 2021 22:26
What a car loan costs you Car loans are usually of three to five years but some lenders may offer loans for up to seven years too
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What a $5 trillion economy could mean for Nifty 50

livemint.com - 8 Aug 2021 22:15
What a $5 trillion economy could mean for Nifty 50 If Nifty 50 is to grow to 30,000 over the next 10 years, it should give annual returns of 7-8%
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PF trust should deduct full TDS on withdrawals under rules Where there are multiple employers and the PF balances are transferred to the PF account with the most recent employer, the cumulative period of employment with all the employers is required to be seen for the purpose of...
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Ethereum upgrade may boost ether prices

livemint.com - 8 Aug 2021 21:58
Ethereum upgrade may boost ether prices The entire crypto industry is quite excited about the latest Ethereum network upgrade. It will have a positive impact on investors as it is expected to bring in a lot of transparency in terms of transaction fees on the n...
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Bitcoin Tests Resistance Near $45,000 After Breaking Free Of Prior Range Bitcoin reached a multi-month high today, surpassing $45,000 and testing resistance near this psychological level. Will the digital currency head to $50,000 next, or will it fall back toward support?
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A Gold Mine Takeover Highlights Increasing Mining-Sector Risk

Wall Street Journal - 8 Aug 2021 16:34
Kyrgyzstan's nationalization of Centerra Gold's large mining operation is one of the most brazen moves in recent years by a country to assert control over valuable natural resources, mining and legal experts say.
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Movie Theater Recovery in a Holding Pattern

Wall Street Journal - 8 Aug 2021 16:03
Cinemark and IMAX's results show that moviegoers are returning, but hardly in droves. High hopes are hanging on the fourth quarter--assuming theaters stay open and studios don't push more movies into streaming.
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The 35 REIT exchange-traded funds hold $85 billion in assets.
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Record Pace for Corporate Earnings Keeps Stocks Buoyant

Wall Street Journal - 8 Aug 2021 11:30
Despite a handful of economic risks coming into view, investors have been heartened by a standout earnings season in which the share of big U.S. companies beating profit expectations is on pace for a record.
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Income Tax implication of gift given by a member to own HUF Gifts received on certain occasion as well as from certain specified relatives are not treated income in the hands of the recipient irrespective of the amount involved
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ITR filing and income tax deduction on profit earned from equity mutual funds The profits realized on equity oriented schemes, which were held for 12 months or less get taxed at flat rate of 15% under Section 111A as short term capital gains
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Mutual fund calculator: How much SIP you need to invest to get ₹3 lakh monthly income Mutual fund calculator: If an investor has done mutual fund SIP for long-term, then mutual fund return calculator suggests that one can expect at least 10 per cent post-tax return on one's investment, say tax and investm...
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