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Market News

Location American Market News for 17 January 2024
Norway's $1.5 trillion sovereign-wealth fund is going after SVB, its management and the defunct bank's Wall Street advisers.
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Stocks Fall on Rate-Cut Pessimism

Wall Street Journal - 18 Jan 2024 01:45
Stronger than expected economic indicators dash hopes for aggressive Fed action.
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How the American Shopper Silenced Doubters

Wall Street Journal - 17 Jan 2024 20:20
U.S. consumers propelled the economy forward in 2023. They aren't done yet.
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NPS: Up to 25% of corpus allowed for partial withdrawal; here's when you are permitted to withdraw Subscribers are permitted to go for a maximum of three partial withdrawals for a total of one--fourth of the total contribution. Additionally, a subscriber must have been an NPS member for a minimum of three years.
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Fixed Deposits: Unity SFB, Equitas, SBM, PNB and others - complete list of 20 banks with highest FD rates Fixed deposits serve as versatile financial instruments capable of fulfilling a range of monetary objectives. Certainly, elevated FD rates serve as a blessing for risk-averse investors who choose them alongside other inv...
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Penal charges on loan accounts: RBI issues clarifications before new rules come into force; 6 key points to know In its last circular, the RBI made its stand clear that the intent of levying penal charges is to inculcate a sense of credit discipline and such charges are not meant to be used as a revenue enhancement tool over and ab...
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Markets Expect Rate Cuts Soon. Central Banks Say Not So Fast.

Wall Street Journal - 17 Jan 2024 14:30
Central bankers are pushing back against market expectations of big interest-rate cuts this year. There may be a middle ground between blindly trusting their guidance and disregarding it completely.
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China's Economy Limps Into 2024

Wall Street Journal - 17 Jan 2024 14:15
Until the country's property market and income growth find a firmer footing, its growth will be subpar
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Indian women prioritise children's education and retirement planning, prefer low-risk investments: Study The growing proportion of women making independent financial decisions is impacting the traditional financial landscape. Financial independence among women can be further promoted by financial literacy, societal support,...
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Budget 2024: Long term capital gains tax and the holding period for different assets - explained On redemption of shares and equity-oriented mutual funds, long term capital gains tax is levied at 10 percent when they are sold after holding for over 12 months, and total gains amount to over ₹one lakh in a year.
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Inflation rises in blow to interest rate cut hopes - latest updates Inflation ticked up last month for the first time in nearly a year, official figures show, in a blow to hopes that the Bank of England will begin cutting interest rates in the coming months.
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Fashion Giant Faces New IPO Hitch: China's Cybersecurity Police

Wall Street Journal - 17 Jan 2024 07:50
Authorities in Beijing are scrutinizing Shein's data handling for potential national security risks, a move that could delay its planned share sale.
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