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Location American Market News for 13 November 2022
The standard advice to keep retirement savings in a mix of stocks and bonds has helped offset big losses in previous years--but not this one.
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Biden Meets Xi: Why The China 'Cold War' Cannot End A return to pre-trade war U.S. China relations is unlikely.
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The investment journey of IIFL Securities' Sanjiv Bhasin 'Never stay wedded to a stock as there will always be another entry point, you must take home your profits'
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Avoiding The Next FTX-Type Disaster

Forbes - 13 Nov 2022 18:38
Avoiding The Next FTX-Type Disaster Maybe, just maybe, the investors in financial firms and the managers who run them will make the effort to learn the key lessons of behavioral risk management, in order to avert more FTX-type disasters.
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How to claim LTA exemption while filing returns

livemint.com - 13 Nov 2022 18:36
How to claim LTA exemption while filing returns The actual cost of travel is limited to air, rail or bus fare incurred for domestic travels
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How to move PF fund to NRE, NRO account?

livemint.com - 13 Nov 2022 18:20
How to move PF fund to NRE, NRO account? You shall have to determine your residential status first for the financial year
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Thousands in Meta, Twitter laid off: How to be financially prepared for sudden job cuts. 5 points For emergencies like job cuts and lay off, one should always set aside 6 months to one year's expenses as a contingency fund
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Mortgage Rates Need Another Push to Keep Plunging

Wall Street Journal - 13 Nov 2022 17:00
A measure of rates on home loans plunged along with Treasury yields following the hopeful inflation data, but they could remain relatively elevated for a while.
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Customers pulled funds from Crypto.com after the company's chief executive said the cryptocurrency exchange mishandled a roughly $400 million transaction.
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Open ended vs close ended mutual funds: Where you should invest? Mutual funds are generally categorized into 2 categories i.e. open ended and close ended funds.
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Move Over, Inflation: Here Comes the Earnings Crunch

Wall Street Journal - 13 Nov 2022 16:00
Even as markets delight in the prospect of smaller rate increases from the Federal Reserve, earnings are becoming more of a threat.
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Artificial Intelligence Stocks: The Top 9 AI Investment Opportunities How can you invest in artificial intelligence? How can investors use AI to become a better investor? We look at the best AI stocks on the market right now.
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Voters Approve Tens of Billions of Dollars in Muni Projects

Wall Street Journal - 13 Nov 2022 15:00
The resulting bond sales are poised to fund roads, schools and other local projects, while offering a new supply of debt for muni investors.
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ITR filing in case you own multiple flats and pay EMIs for loans taken You can obtain valuation of each of the three units and allocate both these items in the ratio of respective valuation of these units. The basis of allocation adopted should be logical and consistent year after year
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Income tax: Can a member make gift to the HUF without any tax liability? The threshold of ₹50,000/- in aggregate applies to gifts received by an individual or an HUF during one financial year and where the aggregate of the gifts received during the year exceeds this threshold of ₹50,000/-...
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DoPPW to visit Ambernath to promote Digital Life Certificate In November 2021, Union minister of State (PP) Dr Jitendra Singh launched the Face Authentication Technique of submitting Life Certificate through any Android Mobile Phone
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Investors Question Whether Big Tech's Rebound Can Last

Wall Street Journal - 13 Nov 2022 12:30
Many investors are hoping if and when the Fed begins to pull back on rate increases, tech stocks will lead the market's charge once again.
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AAA-rated company FD hikes interest rates, now offer up to 7.80% Sundaram Finance Ltd, a non-banking finance firm with headquarters in Chennai, raised its deposit interest rates commencing on November 16, 2022.
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UCO Bank hikes FD rates by up to 45 bps, launches 2 special deposit schemes UCO Bank, one of the leading public sector lenders, raised the interest rate on fixed deposits under ₹2 crore.
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