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Market News

Location American Market News for 11 January 2024
After a decade and a half of seeing the U.S. economy pull ahead thanks to its outsize technology sector, European politicians are desperate to fight back. But America also keeps pulling ahead in the business of financing...
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Major UPI apps enabled to receive direct remittances from Singapore; details here The users of BHIM, PhonePe, and Paytm apps can receive remittance from Singapore via UPI. Additionally, some banks have also rolled out this functionality through their apps which include Axis Bank, DBS Bank India, ICICI...
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Stocks Finish Roughly Flat After Inflation Data

Wall Street Journal - 12 Jan 2024 01:51
The major indexes are still on track to post gains for the week.
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Can a high sum-assured Ulip offer better cover, returns? These insurance products return various charges if you stick to the policy for the long-term.
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Blockbuster Natural-Gas Merger Is Almost Too Perfect

Wall Street Journal - 11 Jan 2024 21:57
The Chesapeake-Southwestern merger is very promising, if it can clear regulatory scrutiny.
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Novartis Pursuit of Cytokinetics Cools

Wall Street Journal - 11 Jan 2024 21:47
Novartis has backed away from its pursuit of Cytokinetics.
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Americans Begin to Believe Inflation is Cooling

Wall Street Journal - 11 Jan 2024 19:56
It matters that inflation is lower now than it was a year ago. It also matters that people's inflation expectations are moving lower.
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Microsoft Dethrones Apple as Largest U.S. Company

Wall Street Journal - 11 Jan 2024 19:35
Microsoft's AI-powered stock rally has made the software giant the largest U.S. company by market value, surpassing Apple for the first time since November 2021.
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Sebi invites comments on additional proposals on REITS, InvITs issuing subordinate units. Details here Key objectives of the consultative paper are to seek comments, views and suggestions from the public on the proposals pertaining to the framework for issuance of subordinate units by REITs and InvITs
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How can I revive my old health policy?

livemint.com - 11 Jan 2024 19:16
How can I revive my old health policy? A health insurance policy will lapse if it isn't renewed even after the grace period of 30 days.
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Making your first stock purchase? Here are 10 crucial factors to help you choose the right shares Making informed and confident choices is crucial for long-term success. Here's a guide to help you navigate the process and choose stocks that align with your investment goals.
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Blackstone Names Global Co-CIOs

Wall Street Journal - 11 Jan 2024 17:00
Ken Caplan and Lionel Assant promoted to newly created roles.
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Bitcoin's $29 Billion Hotel California

Wall Street Journal - 11 Jan 2024 17:00
Grayscale Bitcoin Trust could retain investor money despite its higher fee.
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Decoding Demat Charges: 10 fees and charges associated with your account that you should know as a beginner A demat (dematerialised) account acts as a digital repository for your securities, making it essential to grasp the associated fees and charges. Here's a comprehensive guide to decoding demat charges for novice investors...
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Hewlett Packard Hopes Time Is on Its Side With Juniper

Wall Street Journal - 11 Jan 2024 15:00
Tech deals are taking longer to close, which may give HPE time to get investors on board with the acquisition.
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Why This Is a Good Year to Be a Renter, in Three Charts

Wall Street Journal - 11 Jan 2024 14:30
Renters have more options and negotiating power than a year ago.
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Here's How the New Bitcoin ETFs Will Work

Wall Street Journal - 11 Jan 2024 14:30
Similar to gold ETFs, the new funds will hold bitcoins in a digital vault.
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Investing Wisdom for Beginners: 10 key lessons to swear by while starting your market journey For beginners, navigating the complexities of the stock market requires not only technical knowledge but also a solid foundation in investing wisdom. Here are key lessons to guide beginners using demat accounts on their ...
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What's the best forex rate?

livemint.com - 11 Jan 2024 12:21
What's the best forex rate? Here is a list of INR-to-USD rates offered by large banks and travel aggregators.
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Income Tax: Want tax exemption for investments? These are the 5 vital things to keep in mind As the financial year comes to a close, taxpayers are supposed to submit proof of their investments, failing which employer is entitled to deduct a higher TDS in the last months of financial year.
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Recruiter axes hundreds of jobs in UK's longest hiring slump - latest updates Robert Walters has axed hundreds of staff as it battles a slowdown in hiring around the world.
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PNB raises FD rate again: These are the fixed deposit rates offered by 5 major banks including HDFC Bank, SBI PNB raised the interest rate from 6.25 percent to 7.05 percent on deposits of 300 days with effect from Jan 8, 2024. We showcase the latest FD rates of major banks here.
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