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Market News

Location American Market News for 10 April 2022
Metaverse Real Estate: Another Crazy Crypto Market Whose Time Has Come Should you invest in fake real estate in the metaverse? Yes. Yes, you should.
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Citigroup Claws Its Way Back Into Saudi Arabia

Wall Street Journal - 10 Apr 2022 13:03
After falling into disfavor with its post 9/11 exit, the third-biggest U.S. bank again finds favor in the kingdom as one of the foreign lenders helping Crown Prince Mohammed bin Salman modernize its oil-heavy economy.
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Has The Tide Turned For Growth Stocks?

Forbes - 10 Apr 2022 21:52
Has The Tide Turned For Growth Stocks? It was a tough week for the markets as the comments from the Fed did not help. The Viper Report's Tom Aspray discusses the current technical outlook after last week's action.
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Yields Spike As Fed Reveals Its Balance Sheet Intentions; The Economy Weakens As Consumer Frugality Begins Equity markets fell last week (April 8), but the biggest change was in fixed-income as the Fed's minutes and continued hawkishness from Fed governors continued to put upward pressure on the yield curve.
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Challenges in claiming provident fund without nomination The Employees' Provident Fund (EPF) scheme clearly states that the proceeds are equally distributed among family members of the deceased
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When is fund withdrawn from EPF taxable?

livemint.com - 10 Apr 2022 18:26
When is fund withdrawn from EPF taxable? As per the provisions of Rule 8 of Part A of Fourth Schedule to the Income-tax (I-T) Act, 1961, accumulated balance due and becoming payable to an employee participating in a recognised provident fund shall be excluded f...
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RBI review points to interest rate increases soon

livemint.com - 10 Apr 2022 18:19
RBI review points to interest rate increases soon The hikes in the interest rates will be done gradually as per changes in RBI's priorities
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29 Dividend Growers To Put On Your Radar Now Here's the surest, safest way to double our money in any kind of market.
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5 Ways Of Looking At A Bond Market Sell-Off

Forbes - 10 Apr 2022 16:38
5 Ways Of Looking At A Bond Market Sell-Off Bonds peaked in price during the March/April, 2020 pandemic scare and they are continuing to sell-off 2 years later.
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Uber Doesn't Want to Be Expedia

Wall Street Journal - 10 Apr 2022 15:33
The ride-hailing company isn't becoming the next Expedia. It just wants people to spend more time on its app--and maybe rack up a little more of your business as a result.
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UCO Bank hikes term deposits rates for these senior citizens, revises repo-rate linked savings too; Check latest rates The announcement comes after RBI keeps the repo rate unchanged at 4% for the 11th time in a row. A retired staff senior citizen will be the biggest beneficiary in term deposits below ₹2 crore.
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Can linking PF account with PAN save you from paying hefty TDS? How to link EPFO has announced a new tax structure on PF contributions above ₹2.5 lakh for private-sector employees, while the threshold limit is set at ₹5 lakh for government employees.
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Six Reasons Why Stocks Are Rallying

Wall Street Journal - 10 Apr 2022 11:30
The S&P 500 has rebounded 7.6% from its 2022 low on March 8, cutting its losses for the year to about 6%. Here are six reasons for the rebound.
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Mutual fund calculator: ₹1000 monthly SIP can make you a crorepati. Details here Mutual fund return calculator: To achieve ₹1 crore investment goal by starting a monthly SIP of ₹1,000, one has to continue investing for 25 to 30 years maintaining annual SIP step-up of 10-15 per cent, say experts
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HDFC Bank revises fixed deposit (FD) rates. How they compare with SBI HDFC Bank new fixed deposit (FD) rates are effective from 6 April 2022
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Govt extends weightage on housing loan. Top 5 takeaways for home loan borrowers Home loan interest rate: RBI Governor Shaktikanta Das said that the move means requirement of capital provision for banks would come down and it would ensure more credit is available to borrowers, particularly for high-e...
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Cardless cash withdrawals at all banks and ATMs soon. How will this benefit you? The cardless cash withdrawal facility does not require bank customers to use their debit or credit cards while withdrawing cash from ATMs
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What NRIs need to know about real estate investment in India Experts believe that a simplified taxation regime also encourages the NRIs to park their surplus money in India
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