Market News
$724 Billion Below Peak, Apple's Market Cap Is Still Too High
Forbes - 2 Oct 2022 15:02
Apple is barely growing and could shrink as the global economy contracts. How can investors justify its $2.2 trillion market capitalization?
The Stock Market Has Risen After Every Midterm Election Since 1950
Forbes - 2 Oct 2022 12:15
US stocks have consistently earned positive returns after previous midterms, and delivered average annual returns of 18.6% compared to 10.6% in all other years.
Tamer Inflation But Trouble Lies Ahead As Fed Has Overtightened
Forbes - 2 Oct 2022 05:16
Markets have tanked since the worse-than-expected CPI reading caused more Fed hawkishness. And it doesn't look like the economy will have a "soft-landing."
Credit Suisse Seeks to Calm Market Jitters
Wall Street Journal - 2 Oct 2022 18:59
In talking points updated for its bankers and relationship managers, Credit Suisse emphasized its capital buffers.
ICICI Bank hikes key lending rates by 15 bps: How would your EMI impact?
livemint.com - 2 Oct 2022 18:02
The private sector lender ICICI Bank has upped its External Benchmark Lending Rate (I-EBLR) by 15 bps
What a car loan costs you
livemint.com - 2 Oct 2022 18:01
A loan for longer may mean smaller equated monthly instalments (EMIs), which makes the car seem more affordable, but overall, you pay more as interest
Dow Stocks To Trade In October
Forbes - 2 Oct 2022 18:00
Here is the forecast for this volatile month with Dow stock recommendations.
How can I minimize tax on rental income?
livemint.com - 2 Oct 2022 17:55
As per the provisions of Section 26 of the Income-tax Act, 1961, if the property is owned by two or more persons and their respective shares are definite and ascertainable, share of each such person shall be included in ...
3 ways how RBI rate hike will impact investors and borrowers
livemint.com - 2 Oct 2022 17:47
With strong credit growth, and liquidity in the banking system getting squeezed, retail bank deposit rates are expected to go up. Given this, and further expected rate hikes, investors can continue with their FDs
Tesla AI Day: An Investor's Perspective
Forbes - 2 Oct 2022 17:00
The celebrity CEO of Tesla, Elon Musk, enjoys putting on a show and garnering interest for the company.
Succession of HUF assets: Can my married daughter be appointed Karta?
livemint.com - 2 Oct 2022 16:20
Under the Hindu Law only a coparcener can become a Karta and after amendment of the Hindu Succession Act in 2005 daughter are also made coparceners.
Freelance vs employee in a IT company: How income tax rules differ?
livemint.com - 2 Oct 2022 16:05
The services rendered by a freelancer are generally treated as professional and technical services and TDS @10% is made on the payments in case the aggregate of the payments in a year is likely to exceed ₹30,000
Senior citizens special fixed deposit of ICICI Bank going to end next week
livemint.com - 2 Oct 2022 13:41
ICICI Bank offers a special fixed deposit programme to give older persons larger interest rate benefits, however, the scheme is going to end next week.
Battered Investors Now Find Thrills in T-Bills
Wall Street Journal - 2 Oct 2022 13:00
The stability of Treasury bills is attracting investors weary of seesawing vehicles such as cryptocurrencies.
IDBI Bank extends these two special fixed deposits for retail investors
livemint.com - 2 Oct 2022 12:21
The validity term for IDBI Bank's two special fixed deposit products, the IDBI Naman Senior Citizen Deposit and Amrit Mahotsav FD, has been extended.
DCB Bank hikes interest rates up to 50 bps on retail fixed deposits
livemint.com - 2 Oct 2022 11:44
On fixed deposits under ₹2 crore, the private sector lender DCB Bank has increased the interest rate
Investors Aren't Betting on Post-Midterm Rally
Wall Street Journal - 2 Oct 2022 11:30
A tough market has investors wondering whether 2022 will dent an 80-year record of notching gains after midterm elections.
Federal Bank hikes interest rates on savings accounts: Details here
livemint.com - 2 Oct 2022 10:48
Federal Bank, a private sector lender, has announced an increase in interest rates on saving bank accounts
Income Tax: Are your Diwali gifts and bonuses taxable?
livemint.com - 2 Oct 2022 10:30
During Diwali, gifts are given to their dear ones. Even some companies give bonuses to their employees. While one loves to receive gifts, however, a very common concept that income taxpayers need to understand is the tax...
SBI FD vs Post Office deposit vs Kisan Vikas Patra: Latest interest rates comparison
livemint.com - 2 Oct 2022 10:13Check out these post office saving schemes offering higher interest rates from this month
livemint.com - 2 Oct 2022 09:01Why mutual funds are better investment option for senior citizens?
livemint.com - 2 Oct 2022 07:22
You can invest in mutual funds via a systematic investment plan (SIP) or a one-time lump sum option. Notably, MFs are seen as a flexible investment option for senior citizens. Not just that, MFs can help senior citizens ...