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Market News

Location American Market News for 23 January 2024
Groww halts investing in US stocks, asks users to withdraw or migrate by 30 June The decision to halt the service was likely influenced by the 20% Tax Collected at Source and high costs associated with international remittances
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Houthi Attacks Won't Threaten Global Natural-Gas Security

Wall Street Journal - 23 Jan 2024 14:58
Energy markets look very different than in 2022.
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China's Stock-Market Rout Has Become a Political Problem

Wall Street Journal - 23 Jan 2024 14:43
The country's cabinet urges action as China's benchmark index enters its fourth year of declines.
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Procter & Gamble on Tuesday reported mixed quarterly earnings and revenue for its fiscal second quarter.
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United has 79 Boeing 737 Max 9 aircraft, more than any other carrier.
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S&P 500 Hits Another High

Wall Street Journal - 24 Jan 2024 01:51
The Dow industrials retreated to dip back below 38000.
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Netflix's main focus recently has been on juicing profits, not necessarily its subscriber count.
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When the economy is an expressway: secure your ride with airbags, seat belts There is no need to add riskier assets to your portfolio if it is giving better returns.
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Which ITR form will help me declare my cash receipts? In ITR-4, an additional field to report 'receipts in cash' has been included in Schedule 'BP- details of income from business or profession'.
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Big ATM push: 10,000 new ATMs to be installed in next one and a half years: Report Banks will see a big ATM refresh ­cum­ addition cycle in the next 12-18 months, involving replacement of nearly 40,000 ageing ATMs. During 2022­-23, the total number of ATMs grew by 3.5%, largely driven by jump in the...
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The results come six months after J&J completed its spinoff of consumer health unit Kenvue, the company's biggest shake-up in its nearly 140-year history.
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Why It Makes Sense for New EV Drivers to Look Beyond Tesla

Wall Street Journal - 23 Jan 2024 14:30
The brand is pursuing a different approach to making its vehicles more affordable--and it's at the expense of existing Tesla owners.
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The crypto giant's $23 billion fund has the most to lose.
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Max Life launches SWAG Pension Plan with customisable annuity options. Know six key features here Max Life Insurance's SWAG Pension Plan is a retirement savings plan that addresses the concerns of urban Indians about their savings depleting within a short time after retirement. The plan offers a wide range of annuity...
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New Tax Regime: Should one continue to invest in tax saving instruments such as PF, PPF, LIC? As the tax benefit is now foregone for an individual opting for new tax regime, he/she needs to evaluate afresh investment decision based on three fundamental principles of safety , liquidity and return.
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Budget 2024 expectations: Increased deduction limits, and other benefits. Common man wishlist for FM Nirmala Sitharaman Individual taxpayers have certain wishes for the upcoming Union Budget 2024, including raising the deduction limit under Section 80 CCommon man's wishlist for Finance Minister in Union Budget 2024
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Budget 2024: What to expect on AIFs, taxation, and compliance from the government? The Interim Budget 2024 is expected to focus on several key sectors, including social welfare, agriculture, infrastructure, education, and healthcare. The budget may hint at long-term policy initiatives that the new gove...
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Budget 2024: Will there be changes in tax slabs? Income tax reforms expected from FM Nirmala Sitharaman As we approach the 2024 budget, speculation is rife about possible changes to the tax slabs to provide relief to the common taxpayer.
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Banks hike FD rates in India: PNB, Federal Bank among 7 banks that have revised fixed deposit interest rates this month Several banks in India have hiked or revised interest rates on fixed deposits in January 2024, including Punjab National Bank (PNB), Bank of Baroda, Union Bank of India, Kotak Mahindra Bank, and Federal Bank
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Billionaire Howard Lutnick Is Taking On Exchange Giant CME

Wall Street Journal - 23 Jan 2024 02:10
Cantor Fitzgerald's CEO previously helped transform the bond market.
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