Market News
SEC Approves Bitcoin ETFs for Everyday Investors
Wall Street Journal - 11 Jan 2024 01:56
The exchange-traded funds will allow investors to buy bitcoin as easily as stocks or mutual funds.
S&P 500 Inches Closer to Record High
Wall Street Journal - 11 Jan 2024 01:31
Meta Platforms, parent of Facebook and Instagram, helped lead technology shares higher as the S&P index turned positive for 2024.
Skydance Backers Explore All-Cash Deal to Gain Control of Paramount
Wall Street Journal - 10 Jan 2024 23:04
CEO David Ellison, father Larry Ellison and other investors are in talks to buy Shari Redstone's stake in National Amusements, Paramount's parent.
Here are the top 5 mutual fund categories for long-term investments
livemint.com - 10 Jan 2024 21:36
The AUM of mutual funds have reached an unprecedented 48 trillion corpus, underscoring the widespread confidence in this investment avenue.
SEC Hack Adds to Unease Over Bitcoin ETF Approval
Wall Street Journal - 10 Jan 2024 20:47
The hack of the regulator's X account likely complicates an expected vote Wednesday on whether to greenlight exchange-traded funds holding bitcoin.
Venturing into stock market? 10 common mistakes to avoid when making your first investment with Demat
livemint.com - 10 Jan 2024 19:27
Avoiding common pitfalls is crucial for a successful investment journey. Here's a guide on mistakes to steer clear of in your first stock investment with a Demat account.
A beginner's handbook for new investors: 10 important things you must know as you begin your journey in stock market
livemint.com - 10 Jan 2024 18:43
This beginner's handbook aims to provide a fundamental understanding of stocks, particularly for those entering the world of Demat accounts.
What are spot-bitcoin ETFs and why are they driving bitcoin prices upward? An explainer
livemint.com - 10 Jan 2024 18:12
Spot-bitcoin ETF refers to a financial vehicle approved by the US markets regulator, SEC, to invest directly in bitcoins rather than via derivatives. The move, if approved, would widen this cryptocurrency's reach and pop...
A beginner in stock market? Here's a step-by-step guide to open your first Demat account
livemint.com - 10 Jan 2024 18:02
The world of stocks is more accessible than ever, and one of the key tools for your journey is the Demat account. Owning shares without a Demat account would be like carrying around gold coins in a paper bag - inconvenie...
This Inflation Measure Is Running Hot. It's Probably Wrong.
Wall Street Journal - 10 Jan 2024 15:00
The median consumer-price index suggests inflation's underlying trend is stronger than what other measures show.
The Fed Launched a Bank Rescue Program Last Year. Now, Banks Are Gaming It.
Wall Street Journal - 10 Jan 2024 14:30
Borrowing at the bank term funding program is up to record highs, but not because of new stresses.
Public issues of corporate bond surge to a four-year high: Report
livemint.com - 10 Jan 2024 14:27
As of November 2023, companies and financial institutions raised ₹13,742 crore through public issues of NCDs, the highest since 2019-20, when ₹15,068 crore was raised, according to the Sebi data.
Bajaj Markets collaborates with Ujjivan Small Finance Bank to offer FDs with up to 8.25% interest rate
livemint.com - 10 Jan 2024 13:11
The partnership between Bajaj Markets and Ujjivan Small Finance Bank allows customers to digitally book the bank's fixed deposit through the former's digital platform.
Wodehouse Capital unveils W.I.N. strategy, a customised investment solution for India's elite
livemint.com - 10 Jan 2024 12:25
The W.I.N. Strategy requires a minimum investment of ₹50 lakhs, indicating a recommended tenure or investment horizon of three to five years. It provides a reliable income stream tailored for affluent families and prof...
Investors should exercise cautious optimism, says Saumya Sarkar of Wealth Redefine
livemint.com - 10 Jan 2024 10:41
Investors should remain optimistically cautious about inflation and yield movements rather than adopting a pessimistic stance.
How to open a PPF account for tax exemption purposes? A step-by-step guide
livemint.com - 10 Jan 2024 09:54
The process of opening a PPF account, whether done online or offline, is straightforward and can be completed through simple steps.
NPS: 10 pension fund managers offered up to 28% return on equity in past one year
livemint.com - 10 Jan 2024 08:29
The one-year equity returns on NPS tier-I account delivered by different pension fund managers range between 24 to 28 percent per annum. The highest returns on equity investment were given by ICICI Prudential Pension
What is the 100-age rule of asset allocation? MintGenie explains
livemint.com - 10 Jan 2024 07:52
The "100-minus-age" rule is a widely recognized rule of thumb in personal finance used to establish asset allocation, the practice of distributing your investment portfolio among various asset classes such as stocks, bon...
What to Know About 2024 Tax Withholding and Estimated Taxes
Wall Street Journal - 10 Jan 2024 06:00
Filers should check for tax underpayments to avoid penalties.