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Market News

Location American Market News for 7 December 2023
The rise and rise of UPI: A forecast for Unified Payments Interface for 2024 As UPI continues to gain prominence, it is anticipated to play a significant role in driving economic growth
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Tech Shares Power Stock Market Higher

Wall Street Journal - 7 Dec 2023 23:37
Shares of Alphabet, AMD rally on more AI optimism.
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The retailer said it will put more workers in the front of the stores, slow down store openings and step up efforts to keep merchandise in stock.
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Big Banks Need More Out of Wall Street

Wall Street Journal - 7 Dec 2023 18:28
A confluence of a lull in trading, dealmaking and lending growth make it hard to figure how big banks will expand next year.
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The utility of factor investing in building your equity portfolio The value factor tends to outperform when the market is recovering from a bear market phase
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Should I opt for deductibles to reduce insurance premium? When selecting a policy, one should prioritize those that provide coverage for pre-existing conditions promptly, ensuring comprehensive protection
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What's the best forex rate?

livemint.com - 7 Dec 2023 16:23
What's the best forex rate? Here is a list of INR to USD rates offered by major banks and travel aggregators
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Putin and MBS plead with Opec allies to press ahead with oil supply cuts - latest update Vladimir Putin and the leader of Saudi Arabia have urged all members of the Opec+ oil cartel to follow through with an agreement to cut supplies as oil prices plunge.
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AMD's Piece of the AI Pie Will Need to Prove Sticky

Wall Street Journal - 7 Dec 2023 13:30
The chip maker's latest AI processors is likely to hit near-term targets, but carving out a lasting share against Nvidia will be the real trick.
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How China's Education Firms Survived the Crackdown

Wall Street Journal - 7 Dec 2023 13:00
Chinese education stocks have earned a gold star in 2023: an unexpected, albeit partial, comeback after Beijing's brutal regulatory crackdown that began in 2021.
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Aditya Birla Health introduces product 'Activ One' with 100% returns. Details here Aditya Birla Health Insurance introduces "Activ One" - A streamlined and comprehensive health insurance solution that offers 100% health and 100% health insurance.
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Shopping for Luxury Online Has Fallen Out of Fashion

Wall Street Journal - 7 Dec 2023 12:36
Stocks that unite two of the world's most successful industries, European luxury and American tech, might sound like winners. Instead, companies that sell luxury goods online have turned into quicksand for investors.
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Not everyone is sure it is coasting to the Fed's target rate.
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6 essential personal finance checks you must do before the year ends Monitoring your financial well-being should never be neglected, especially, when you are at the brink of a year's end while anticipating the celebration of a new year ahead.
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Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) 2023: Eligibility, benefits, features, and other details here Pradhan Mantri Swasthya Suraksha Yojana (PMSSY) 2023: The subscriber can exit the scheme at any time and can sign up at any time in the future
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Wedding season: 8 key tips for discussing finances with your partner Transform financial conversations into enjoyable 'money date nights' to make them more productive.
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Income tax on pension: How various pension schemes, annuities are taxed Income tax on pension: As per the income tax laws, any money or benefit received in connection with your employment present and past is taxed under the head salaries
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How can life insurance ease the burden of cancer? MintGenie explains The financial burden associated with cancer care can exacerbate the emotional strain on families, adding a layer of stress and worry. A good life insurance plan provides financial security and peace of mind in uncertain ...
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Mid-term equity markets: 3 experts analyse its outlook and opportunities The medium-term outlook for equity markets is not positive due to various domestic and global factors. However, there are opportunities for savvy investors to tidy up their finances and take advantage of market correctio...
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8 best small cap mutual funds to invest in 2024

livemint.com - 7 Dec 2023 06:32
8 best small cap mutual funds to invest in 2024 Small-cap funds are mutual funds with an equity focus, obligated to allocate a minimum of 65 per cent of their assets to equity and equity-related instruments of small-cap companies.
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Fixed Invest collaborates with Bajaj Finance to enhance FD offerings on its platform. Details here The collaboration between Bajaj Finance and Fixed Invest will enable the fintech startup's FDs to be accessible on their platform.
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Federal Bank hikes fixed deposit interest rates for both residents and non-residents; check latest rates here Federal Bank has adjusted its deposit rates, raising rates for both resident and non-resident deposits.
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