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Market News

Location American Market News for 25 December 2023
5 small finance banks offer interest of up to 9% on their fixed deposits Most small finance banks offer an interest of 8-9 percent per annum on their long duration fixed deposits. Utkarsh Small Bank offers 9.10 percent on term deposits of 2-3 years tenure to senior citizens
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How do I invest for my retirement needs?

livemint.com - 25 Dec 2023 21:19
How do I invest for my retirement needs? Since you also want to travel for a few years after retirement, we will have to factor this in your retirement corpus.
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How are firms in your portfolio giving away Esops?

livemint.com - 25 Dec 2023 21:15
How are firms in your portfolio giving away Esops? Esops are important to attract and retain talent, and for various other reasons.
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Here's what you should know to exchange old jewellery for new If the jewellery isn't hallmarked, it is melted to determine the purity level and arrive at its exchange price.
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A Yearlong Way to Boost Stock-Market Returns

Wall Street Journal - 25 Dec 2023 14:00
Investors generally wait too long to harvest tax losses from their portfolios, leaving billions on the table.
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FD rate hike news: These four banks increased rates on fixed deposits this month, offering up to 8% interest rate Several banks, including Bank of India, Kotak Mahindra Bank, DCB Bank, and Federal Bank, have hiked their fixed deposit interest rates in December 2023
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December 31 deadline alert! What happens if you fail to add nominee in your MF, demat accounts Mutual fund and demat account holders have until December 31 to add a nominee, according to SEBI. Failure to comply will result in...
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Ho Ho Hold On! 5 valuable financial lessons you can learn from Santa Claus this Christmas Holiday time! Let's ditch the jingle bells and grab some financial wisdom from Santa. His gift-giving magic holds unexpected lessons on budgeting, making the most of resources, and choosing meaningful gifts over splurges...
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Beyond Bells & Baubles: 4 valuable money lessons hidden in your favourite Christmas movies The holiday season may be filled with spending and irritation, but it also brings moments of magic and warmth. Smart investors can learn money lessons from holiday experiences, such as diversifying their portfolio, inves...
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Magic of compounding: Investing ₹1 lakh would have grown to ₹8 lakh in this mutual fund in 10 years An investment of ₹1 lakh in Quant Active Fund would have grown to ₹8 lakh in ten years' time. A similar amount of investment in Invesco India Multicap Fund would have fetched a return of ₹5.40 lakh in 10 years
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All­-in-­one insurance cover Bima Vistaar to be rolled out in Q1: Report The proposed insurance product Bima Vistaar, will cover risk against life, health, and property cover
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Budget 2024: No key announcement expected, says Santosh Singh of Motilal Oswal AMC He says the upward trajectory has been driven by a multitude of factors which include higher economic growth, clarity on political situation and the end of rate hike cycle by the Fed. While sharing his future outlook, he...
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Secret Santa financial gifts for Christmas 2023: 5 ideas to wow your loved ones Replace traditional Secret Santa gifts with financial tools and resources to empower loved ones.
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