Market News
The Blockbuster Year in Stocks No One Saw Coming
Wall Street Journal - 29 Dec 2023 06:00
U.S. stocks end a topsy-turvy year near records, defying bearish predictions.
The Best of Mint Money, 2023
livemint.com - 29 Dec 2023 18:11
The best of Mint's personal finance coverage from the year gone by
Income Tax: CBDT releases circular on 1% TDS on e-commerce transactions. Details here
livemint.com - 29 Dec 2023 15:38
The deduction of 1% TDS is meant to be made at the time of credit of the amount of sale or service to the account of e-commerce participant. The confusion, however, arises when there is more than one e-commerce operators...
Carmakers Are Drowning in Cash
Wall Street Journal - 29 Dec 2023 14:00
More stock buybacks are in the cards after another profitable year for companies that make gas guzzlers, but that won't cure their EV-related pains.
Govt raises interest rates on 2 small savings schemes by 10-20 bps for Jan-March 2024
livemint.com - 29 Dec 2023 13:53
Govt raises interest rates on 2 small savings schemes by 10-20 bps for Jan-March 2024.
Hollywood's Box Office Recovery Needs a Rewrite
Wall Street Journal - 29 Dec 2023 13:30
The aftermath of labor strikes and superhero flops complicate the outlook for the movie industry in 2024.
The Fed Alone Can't Make Gold Sparkle in 2024
Wall Street Journal - 29 Dec 2023 12:35
Though potential interest-rate cuts are a positive for the precious metal, this year's experience shows that many other factors are at play.
To Lower Your Taxes in 2024, Make These Moves Now
Wall Street Journal - 29 Dec 2023 12:30
New Year's tax resolutions to unlock savings
The Teenage Millionaires Rocking the Sports World
Wall Street Journal - 29 Dec 2023 12:30
College athletes are making more than some professionals from their name, image and likeness
Mutual Funds: 7 sectoral funds gave over 50% return in 2023
livemint.com - 29 Dec 2023 12:23
Spike in the overall performance of PSU, infrastructure and manufacturing sectors was evident through the high returns given by mutual funds which fall in these categories. We give the lowdown on some of the top performi...
Will Modi govt raise interest rates of PPF, SSY, and other small savings schemes in 2024?
livemint.com - 29 Dec 2023 10:32
Small savings schemes are government-backed and virtually risk-free, offering assured returns on investment
7 personal finance lessons we learned in 2023
livemint.com - 29 Dec 2023 10:20
Emerging risks like cyberattacks and climate change became more prominent in 2023, highlighting the importance of diversifying portfolios beyond traditional assets.
FD rate hike news: Bank of Baroda, Union Bank increase fixed deposit interest rates. Check latest FD rates here
livemint.com - 29 Dec 2023 09:39
Bank of Baroda has increased interest rates on fixed deposits (FDs) by up to 125 basis points (bps) on various maturity buckets, whereas Union Bank of India hiked interest rates by up to 25 bps on its FDs on certain tenu...
Mutual Funds: SIP inflows rising consistently; is this trend sustainable?
livemint.com - 29 Dec 2023 08:00
During the period April-November 2023, SIP contributions stood at ₹1,24,313 crore, almost 24 percent higher as compared to ₹1,00,581 crore recorded during April-November 2022 period.
Your Questions Answered: I want to invest in mutual funds with periodic payouts. What factors should I consider?
livemint.com - 29 Dec 2023 07:05
When investing in mutual funds, the choice between growth and dividend options depends on individual financial goals and risk tolerance, where the former reinvest profits and the latter distributes them as dividends; SEB...
Wave of worry: Retirement savings plummet by 7% in 2023, shows survey
livemint.com - 29 Dec 2023 05:47
The momentum of savings and investments persists, albeit at a slower rate than in the past. While the decline in savings raises concerns, it's crucial to delve into the underlying reasons. Nevertheless, a noteworthy tren...
NBFCs disbursed most retail loans for vehicles, houses and education, shows RBI data
livemint.com - 29 Dec 2023 05:27
NBFCs disbursed most of their retail loans amounting to ₹4.33 lakh crore for vehicles. This was followed by 'other retail loans' amounting to ₹3.23 lakh crore, the RBI data reveals
To Fix Your Food Budget, Trim the Waste
Wall Street Journal - 29 Dec 2023 04:00
To rein in your spending, don't shop for a version of yourself that doesn't exist.