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Market News

Location American Market News for 14 August 2021
Winning Elections With High Inflation, No Dollars And Few Vaccines Hand-in-hand with the heat of the electoral campaign, the value of the black market 'dolar blue' has picked up steam in recent weeks -- despite additional currency controls put in place by the Central Bank -- as it nears...
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A Money Manager's Hand Sanitizer Company Just Sold For Millions

Wall Street Journal - 14 Aug 2021 13:00
Years before the pandemic and inspired by a family health scare, Thorne Perkin founded Olika, which sells luxe hand sanitizer. Biotech Amyris has now closed on a deal to buy it.
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Nifty at 16,500! Where to invest when markets are high? Markets are rarely high when you visualise them today, in comparison with the future, say 10 years later. We invest for the future levels of markets. The nature of the market is to rise with few temporary falls in betwee...
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Investors may soon face a choice between first movers like Joby and more niche players such as Lilium and even air-ambulance startup Dufour.
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Biden Doesn't Have Legal Authority To Cancel Student Loans, But Is Nancy Pelosi Wrong? Can Biden cancel your student loans?
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How to build a corpus of ₹1 crore in 10 to 12 years? To build a corpus of Rs. 1 Crore in 10 years, you will have to invest Rs.50,000 per month if we assume the post-tax return of 10% p.a..If you want to build the same in 12 years, then you will have to invest Rs. 37,000 pe...
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The Best (And Worst) Overseas Dividends To Buy Right Now Stocks (and funds) in some overseas markets pay higher dividends than US companies.
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SPACS Boomed In The United States, Can They Get Big In Asia? While the unprecedented growth of SPAC's have primarily been centered in the US, a growing number of Asia based sponsors are backing SPACs which have broader implications for the US economy, and this growing new ecosyste...
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TDS applicability in case of exchange of flats

livemint.com - 14 Aug 2021 11:06
TDS applicability in case of exchange of flats The tax is required to be deducted at the time of payment or at the time of credit
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Income tax department issues I-T refund worth ₹47,318 crore. Details here Income tax refund: The Central Board of Direct taxes (CBDT) issued this I-T refund between 1st April 2021 to 9th August 2021
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Pension assets under NPS rise 30% YoY in July 2021: PFRDA NPS was first launched for central government employees on 1 January 2004 and was consequently accepted by all State governments for their employees
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PPF account holder moving abroad can continue investing without this benefit Public Provident Fund: Any Indian citizen can open PPF account but NRIs and HUFs are not allowed to open PPF account
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Mutual fund calculator: Monthly SIP you need to get ₹10-Cr at 50 years of age Mutual fund calculator: Generally, a 25 year period is favourable for investors investing into equity mutual funds considering archival data negates the risk of principal, say tax and investment exerts
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Here are seven major companies whose stocks moved on the week's news.
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