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Market News

Location American Market News for 13 August 2022

Affirm CEO Says Next Recession Will Silence Doubters

Wall Street Journal - 13 Aug 2022 14:00
While shares of the buy now, pay later business are down 77% from November, Max Levchin expects lending models to set the company apart.
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Utkarsh SFB hikes fixed deposit interest rates on this tenure: Details inside Utkarsh Small Finance Bank has hiked interest rates on fixed deposits of less than ₹2 Cr.
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This Costly Dividend Mistake Can Delay Your Retirement By Years Falling in love with investments is an especially dangerous trap with high-yield plays like closed-end funds (CEFs).
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Karur Vysya Bank hiked fixed deposit interest rates: Check the latest rates here The private sector lender Karur Vysya Bank has hiked interest rates on fixed deposits of less than ₹2 Cr.
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IndusInd Bank hikes interest rates on fixed deposits of less than ₹2 Cr The private sector lender IndusInd Bank has hiked interest rates on fixed deposits of less than ₹2 Cr.
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IOB revises interest rates on savings accounts: Details inside Indian Overseas Bank (IOB), a public sector lender, has modified the interest rates on savings bank accounts.
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Axis Bank hikes interest rates on fixed deposits on this tenure The private sector lender Axis Bank has hiked interest rates on fixed deposits of less than ₹2 Cr.
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Meme-Stock Investors Are Back! Sort Of, Anyway

Wall Street Journal - 13 Aug 2022 11:30
Individual investors are back to scooping up stocks, including meme favorites like Bed Bath & Beyond and AMC. Don't expect the frenzy of 2021, though.
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Central Bank of India hikes fixed deposit interest rates: Details inside The public sector lender Central Bank of India has hiked interest rates on fixed deposits of less than ₹2 Cr.
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For shares inherited or received as gift, how to calculate income tax on sale Income tax rule: For shares inherited or received as gift, the cost is also to be taken the price at which the asset was acquired by the previous owner who had actually paid for it.
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Pressure Is On Federal Reserve - Will It Buckle? A dangerous push for lower interest rates is becoming popular
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Atal Pension Yojana account of income tax payers who joins after October will be closed APY scheme is basically meant for an unorganised employee who belongs to a low income group
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