Market News
S&P 500 Hovers, Just Shy of Fresh Record
Wall Street Journal - 27 Dec 2023 23:39
The benchmark index last hit a record in January 2022, before the Federal Reserve started its rate-hiking campaign.
Will free MF platforms finally make money? Amfi proposes ₹2 per transaction
livemint.com - 27 Dec 2023 20:11
Many category 1 EOP applicants have not begun operations as AMCs are yet to decide on signing the agreements.
Which thematic mutual funds should you opt for in 2024?
livemint.com - 27 Dec 2023 20:03
Thematic funds tend to perform well in certain periods but could perform poorly for extended durations.
The Pandemic's E-Commerce Stars Are Coping
Wall Street Journal - 27 Dec 2023 17:23
Online retailers that experienced dizzying growth in 2020 and 2021 are settling into their postpandemic reality.
Can Obesity Firms Continue Their Outperformance in 2024?
Wall Street Journal - 27 Dec 2023 16:39
In pharma, a company can take a larger slice of the healthcare pie than peers, but it is still constrained by the size of the pie.
The Chip Wars Are Metastasizing
Wall Street Journal - 27 Dec 2023 14:52
The fight for chip tech supremacy has begun to migrate into a new area: how to package chips together to achieve better performance.
RBI introduces new forex scheme to make transactions easier. Details here
livemint.com - 27 Dec 2023 13:44
In order to enhance the ease of doing business, RBI has proposed to introduce a new category of money changers (under the scheme namely Forex Correspondents Scheme). These money changers may conduct money changing busine...
Financial Awareness Soars: Over 40% Indians regularly monitor their credit scores, reveals survey
livemint.com - 27 Dec 2023 13:33
Moneyview survey underscores that over 40% of respondents perform monthly checks on their credit scores. Additionally, users are actively seeking loans to meet their aspirations and needs, demonstrating a general desire ...
Banking Crisis Plays Out at America's Smallest Lenders
Wall Street Journal - 27 Dec 2023 12:30
Rural community bank are at risk from giant underwater bond portfolios.
Mutual funds: Equity schemes strike a chord with retail investors in 2023. Details here
livemint.com - 27 Dec 2023 11:53
The equity-oriented schemes' proportionate share rises to 54.9 percent of the industry assets in Nov 2023, whereas the proportionate share of debt-oriented schemes falls to 18.5 percent of industry assets in Nov 2023, re...
Income tax planning trends for this year and outlook for 2024
livemint.com - 27 Dec 2023 10:57
Income tax relief was provided for salaried individuals, while amendments in direct taxation were introduced in Budget 2023
Mutual fund returns: 5 top performing value funds of 2023
livemint.com - 27 Dec 2023 10:56
Value mutual funds refer to the mutual fund schemes which use value investment strategy and have a minimum of 65 percent allocation to stocks.
Budget 2024: No populist measures expected, says Seemant Shukla of JM Financial
livemint.com - 27 Dec 2023 10:27
JM Financial AMC's chief business officer shares his views on the forthcoming Budget, top performing sectors of 2023, popularity of SIP route for mutual fund investment, and last but not the least -- key investing advice...
Income tax department sends advisories to taxpayers over mismatches in ITR. Did you receive? What should you do?
livemint.com - 27 Dec 2023 08:29
The income tax department has urged taxpayers to respond promptly to the advisory and provide feedback online through the Compliance Portal of the I-T department
5 key tips to boost your credit score for a stronger financial future
livemint.com - 27 Dec 2023 08:02
Prepare for the New Year by reviewing and enhancing your credit score through timely payments and a balanced credit mix. Additionally, prioritize financial planning by setting goals, managing expenses, and securing your ...
What is a systematic deposit plan and why should you invest in it?
livemint.com - 27 Dec 2023 07:28
A systematic deposit plan (SDP) integrates the disciplined nature of a recurring deposit (RD) with the flexibility and potential for higher returns typically associated with fixed deposits (FDs).
How China Manages Its Currency---and Why That Matters
Wall Street Journal - 27 Dec 2023 07:00
China's approach to its currency is a mix of bold ambition and fear of dollar strength.
How Can Spending Be Up When People Feel Down?
Wall Street Journal - 27 Dec 2023 07:00
The Misery Index suggests Americans shouldn't be all that miserable. But they might only recently have started to catch on.
New Year 2024: How to empower financial knowledge with the rule of 72?
livemint.com - 27 Dec 2023 06:30
The rule of 72 serves as a useful tool to estimate the time it takes for your investment to double, relying on the annual interest rate. While not a precise science, it provides a rapid and straightforward method to obta...
Axis Bank revises fixed deposit (FD) rates. How they compare with SBI, ICICI, HDFC Bank
livemint.com - 27 Dec 2023 06:25PayTm and Nike employee job cuts underline the value of having an emergency fund
livemint.com - 27 Dec 2023 05:55
Amidst a series of layoffs, the lesson emerges that nothing in life is enduring. Nevertheless, we must ready ourselves for its transient nature by maintaining an emergency fund capable of covering our essential expenses ...
Outlook 2024: Exploring mutual fund landscape of 2023 and future trends
livemint.com - 27 Dec 2023 05:32
The mutual fund industry displayed remarkable resilience, witnessing a substantial 20% surge in Assets Under Management, reflecting both its adaptability and significant growth amidst challenges.