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Market News

Location American Market News for 22 January 2024
United has 79 Boeing 737 Max 9 aircraft, more than any other carrier.
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Dow Climbs Above 38000 to a Record; S&P 500 Reaches High

Wall Street Journal - 23 Jan 2024 01:27
Major stock indexes build on a record run, with gains in everything from technology heavyweights to Goldman Sachs shares on Monday.
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Are ultra premium credit cards worth their hefty annual fees? Cards that don?t give a fee waiver option become a costly proposition the second year onwards
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Is TDS necessary on advance paid to NRIs?

livemint.com - 22 Jan 2024 21:16
Is TDS necessary on advance paid to NRIs? TDS is applicable on any payments made to NRIs which consist of amounts chargeable to tax under the income tax law
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It?s time for India to strengthen the SLB landscape

livemint.com - 22 Jan 2024 21:09
It?s time for India to strengthen the SLB landscape Short-selling enhances market efficiency, facilitates price discovery
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Companies are investigating ways to prevent people from losing muscle when on popular weight-loss drugs like Novo Nordisk's Wegovy and Eli Lilly's Zepbound.
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Investors Fleeing China Are Going Big in Japan

Wall Street Journal - 22 Jan 2024 15:54
Chinese retail investors are piling into Japanese shares as their own market flags--a sign of the times and a hint as to why Japanese stocks are doing so well.
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Red Sea Disruption Won't Sink Apparel Companies---for Now

Wall Street Journal - 22 Jan 2024 15:30
Uneven delivery schedules come with the risk of out-of-season merchandise and heavy discounts.
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VistaJet grew to become the world's second-largest private-jet operator, but at the expense of big debts. Its uncertain future now poses a risk to the market.
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The Moment for Small-Cap Stocks Might Already Be Over

Wall Street Journal - 22 Jan 2024 14:30
The shares were among the biggest beneficiaries of rate-cut hopes.
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Executives said financial results should improve in the year ahead. Many employees, still stung by layoffs, remain uneasy.
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These credit cards by top 5 banks including HDFC Bank, ICICI Bank offer free access to airport lounges. Check full list Some credit cards give unlimited access to domestic airport lounges, while others give anywhere between 8 and 12 free visits in one calendar year.
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Budget 2024 expectations: Extending tax exemption for pension and annuity plans Experts recommend introducing a separate tax deduction limit for life insurance and changing tax sections 80C and 80D to provide separate tax breaks for life and health insurance payments, as well as fixed-term insurance...
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Check Boeing door plugs, regulator tells airlines - latest updates Airlines have been told by regulators to inspect the door plugs on another class of Boeing jet following the mid-air blowout on an Alaska Airlines flight earlier this month.
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PFRDA asks banks to increase enrolments of private subscribers under NPS: Report PFRDA chairperson said the decline seen in e-NPS was responsible for the slow pace of enrolments this year, as per the report.
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Income Tax: Missed Dec 31 deadline? You can request for condonation of delay in filing ITR; here's how If a taxpayer happened to miss the December 31 deadline of filing income tax return (ITR), they can request for the condonation of delay on the e-filing portal to avoid the imposition of penalty.
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Momentum investing: What is it and is this strategy better than value investing? An explainer The philosophy of momentum investing encourages investors to invest more when prices are rising and sell them when they have peaked.
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Ayodhya Ram Mandir inauguration: How your donation can help you save money from income tax outgo? Donations made to the Shri Ram Janmabhoomi Teerth Kshetra are eligible for deduction under Section 80G of Income Tax Act, 1961
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Investor Threatens to Take Macy's Offer to Shareholders

Wall Street Journal - 22 Jan 2024 02:00
Arkhouse says is will take all "necessary steps" to strike a deal for the famed department-store owner after talks fail to yield an agreement.
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