Market News
Aditya Birla Health Insurance launches Activ Fit health insurance policy. Check details
livemint.com - 3 Oct 2022 08:42
Targeted at consumers who are health aware and active, this new product by ABHICL looks at rewarding them for their good health behaviour.
Vodafone Speeds Up Talks To Merge With Rival Three
Forbes - 3 Oct 2022 14:52
Vodafone plans to merge with its competitor to help with the UK's 5G rollout, it says.
Credit Suisse Has No Time to Lose
Wall Street Journal - 3 Oct 2022 14:36
The bank risks getting caught in a doom loop as worries flood into a strategic vacuum while investors wait for a new turnaround plan. Management needs to act quickly to break the cycle.
Crypto Could Threaten Financial System, Panel Warns
Wall Street Journal - 3 Oct 2022 23:41
Risks tied to cryptocurrencies could grow rapidly and eventually threaten the broader financial system, a panel of senior U.S. officials warned Monday.
Concerns About Credit Suisse Mount After Debt Slide
Wall Street Journal - 3 Oct 2022 21:20
Investors and analysts called on the Swiss banking giant to move faster with cost savings and fresh investor capital.
Do you use Amazon Pay? Here's how to shop for mutual funds
livemint.com - 3 Oct 2022 20:49
One can invest in direct plans of MFs, and select FDs via Kuvera's Wealth account on Amazon Pay
What Does A Recession Mean For Me? And What Are The Best Places To Invest Money Right Now?
Forbes - 3 Oct 2022 20:24
It's difficult to prepare your investment portfolio for a recession, but keeping an eye on the long term is a good place to start.
Should you invest in 'grandfather' debt funds
livemint.com - 3 Oct 2022 19:44
The MF industry is seeing a new crop of target maturity funds being launched or awaiting approval from the Sebi
Which Industries Benefit The Most After A Hurricane?
Forbes - 3 Oct 2022 19:38
Hurricane Ian is already believed to be among the costliest hurricanes in U.S. history, with the upper range forecast at $70 billion in damages. That would put it in at least the top 10 costliest storms, adjusted for inf...
How To Avoid Phantom Income From Wash Sale Loss Adjustments
Forbes - 3 Oct 2022 19:30
Take a loss on a security, repurchase it within 30 days (after or before), and that creates a wash sale loss. Take specific steps to avoid phantom income and taxes.
Tax deduction on perquisites or benefits received
livemint.com - 3 Oct 2022 19:29
Under the new provision, CBDT guidelines are binding on taxpayers too
Home loan EMIs rise at SBI, ICICI Bank, HDFC, others to follow. How RBI's rate hike impacts
livemint.com - 3 Oct 2022 19:09
Although home loan rates have scaled further up in some banks and NBFCs, the overall impact of the latest repo rate hike is expected to be gradual in the housing sector. But if RBI continues to aggressively hike the key ...
Shortages, Gluts, Deflation: The Bottlenecks In The Economy Are Breaking
Forbes - 3 Oct 2022 19:07
"Lumber prices have fallen to their lowest level in more than two years, back to what they cost before the pandemic." - Similar deflationary trends are apparent across the entire spectrum of commodities.
Economic Turmoil Separates Manufacturing's Haves, Have Nots
Wall Street Journal - 3 Oct 2022 18:29
U.S. factories have been weathering the effects of rising rates, a strong dollar and a slowing global economy remarkably well. For some of them, that probably can't continue.
37% of Paisabazaar's credit score consumers are from Tier-3 cities and towns
livemint.com - 3 Oct 2022 16:49
Ease of access to credit score along with continuous brand investments for the last 6 years and several industry-first initiatives have resulted in consumers from varied segments visiting Paisabazaar for their free credi...
World's Most Expensive Drugs Can't Cure What Ails This Biotech
Wall Street Journal - 3 Oct 2022 16:45
Bluebird Bio has received a lot of attention for pricing two FDA-approved gene therapies at around $3 million, but its financial future remains uncertain.
Credit Suisse Shares Tank As Capital Concerns Spark Reminders Of Lehman Brothers Failure: Here's What We Know
Forbes - 3 Oct 2022 16:18
Credit Suisse shares cratered to an all-time low Monday as some feared the worst about the bank's future.
Sebi cautions public against unregistered PMS
livemint.com - 3 Oct 2022 16:05
This comes after Sebi noticed that some entities are collecting money from the public to provide PMS. This is being done by luring the public, with an assurance of high returns through pamphlets and some social media pla...
JetBlue Stock Looks Unlikely To Bounce Soon After 17% Fall Last Month
Forbes - 3 Oct 2022 16:00
JetBlue Airways Corporation stock (NASDAQ: JBLU) is down 17% in the past month, strongly underperforming the S&P 500 which was down 8.9% over this period.
A Wild Week In Energy Markets And The British Pound Takes A Tumble: Forbes AI Newsletter - October 1st
Forbes - 3 Oct 2022 15:21
Subscribe to the Forbes AI newsletter to stay in the loop and get AI-backed investing insights, the latest news and more delivered directly to your inbox every weekend.
Southwest Airlines Stock Has Lost More Than 50% Since 2017- Here's Why
Forbes - 3 Oct 2022 15:00
Southwest Airlines Co (NYSE: LUV) stock price lost more than 50% from $65 in 2017 end to around $31 currently, primarily due to unfavorable changes in its P/S multiple.
Does October Bring Further Tricks?
Forbes - 3 Oct 2022 14:56
Heading into the first week of October, the unmistakable signs of Fall are abundant.