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Market News

Location American Market News for 29 May 2023
HDFC Bank launches special fixed deposit (FD) schemes with higher interest rates. Details here HDFC Bank has revised fixed deposit rates; launched two special FD scheme offering higher interest rates
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Argentina's Supreme Court Flexes Its Political Muscle In Its Battle With Kirchnerism In the heat of the presidential campaign it came as a splash of cool, refreshing water on a hot summer's day.
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Are Teflon Sectors Ready To Rest?

Forbes - 29 May 2023 22:40
Are Teflon Sectors Ready To Rest? The close in the S&P 500 above 4200 and the news on the debt deal improved investor sentiment. Tom Aspray points out the internal action that could change your strategy.
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Stocks This Week: Buy Hologic

Forbes - 29 May 2023 19:32
Stocks This Week: Buy Hologic June has been a strong month for this stock.
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How NRIs are taxed on property sale gains

livemint.com - 29 May 2023 19:28
How NRIs are taxed on property sale gains Gains on the sale of a flat shall be taxable in your hands and you must file an income tax return in India to report them.
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Decoding the tax impact of ?2,000 note cash deposits

livemint.com - 29 May 2023 19:17
Decoding the tax impact of ?2,000 note cash deposits RBI has advised the public to deposit their ?2,000 notes into their bank accounts and/or exchange them into bank notes of other smaller denominations at any bank branch until 30 September.
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How retail investors can buy government bond for ?100 Investors can purchase a government bond on our platform, from two months tenure, all the way up to 39-year tenure, says Varun Sridhar, CEO, Paytm Money
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The New Rules of Tipping, According to You

Wall Street Journal - 29 May 2023 17:00
Frustrated by the evolving tipping culture? Here are some suggestions from our readers to keep in mind.
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How Much Do You Tip?

Wall Street Journal - 29 May 2023 17:00
Tipping culture is changing. How do you tip for the following services?
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Singapore's Temasek Cuts Senior Managers' Pay After FTX Losses

Wall Street Journal - 29 May 2023 11:42
The state-investment company said senior management and an investment team took collective accountability for the ill-fated $275 million investment.
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Mutual Funds for senior citizens: Advantages, disadvantages that investors must know Mutual Funds for senior citizens: It is easy to invest in MFs online these days. Withdrawal is also paperless and can be done quickly using online banking
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Insurance plan that can help save tax in the new financial year The new financial year has begun, and people are looking at options which can help increase their wealth, give financial protection to the family and can also help save taxes.
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US Default Looks To Be Avoided At Eleventh Hour - Here's What Investors Should Know All in all, the atmosphere of uncertainty and this close call on the U.S. default have many investors wondering how to shore up their portfolios.
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PAN-Aadhaar linking to higher EPS pension: Four money deadlines that you can't afford to miss by this date Here we list out the top 4 money deadlines that you should complete next month
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Why Are Markets So Calm? Quants Are Dominating

Wall Street Journal - 29 May 2023 06:01
Firms that use computers to determine buy and sell signals have been loading up while other investors sit back.
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Debt Deal Cuts $21 Billion Of IRS $80 Billion, 87,000 New IRS Agents Stay The bill will rescind $21 billion in IRS funding. Some Republicans want deeper cuts, especially to funding those 87,000 new IRS agents.
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NVIDIA Hits All Time High: Alphabet, Amazon And Meta Don't Get There NVIDIA is trading at a price-earnings ratio of 202 and at 43 times its book value. The price to sales ratio is 36 and price to free cash flow sits at 212.
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