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Market News

Location American Market News for 4 February 2024
A jobs report pushes yields higher, but dangers continue to create a bid for bonds.
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Quant MF pivots from Adani to Ambani stocks. Here's why Fund house is betting big on the long-term prospects of Reliance Industries and Jio Financial Services
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Growth Funds Rose 3% to Start Year

Wall Street Journal - 4 Feb 2024 21:00
The monthly gain for large-cap growth funds, dominated by large tech stocks, pales in comparison to the year-earlier monthly rally.
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Seeking Student-Loan Relief? Here Are 6 Options to Consider

Wall Street Journal - 4 Feb 2024 19:00
A new income-driven repayment plan called Save offers quicker forgiveness and bigger savings than other earnings-based options.
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Citi's Big Turnaround Hinges on This Lagging Business

Wall Street Journal - 4 Feb 2024 14:30
The collapse of the wealth-management business is one reason why Citi's stock is stuck in a deep slump and CEO Jane Fraser is under pressure to boost profits.
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High interest rates have created buzz around mortgage "assumptions," but buyers must wade through red tape and find a willing mortgage company.
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Can an NRI gift Indian equity shares?

livemint.com - 4 Feb 2024 13:39
Can an NRI gift Indian equity shares? Since you have received the shares under inheritance, the shares would be treated as being held by you on a non-repatriation basis under FEMA.
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This bank is giving up to 9.5% return on bank fixed deposits (FDs) to senior citizens Senior Citizen Fixed Deposits (FDs) offer special interest rates to individuals over the age of 60
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How to plan educational loan repayment effectively? MintGenie explains Quality education is essential for academic progress, acquiring new skill sets and enjoying a bright career. With the increased awareness regarding the significance of higher education and the escalating costs involved, ...
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PPF account: How to open Public Provident Fund account online with SBI, HDFC Bank, ICICI Bank. A step-by-step guide PPF offers 7.1% interest annually and can be opened online through SBI, HDFC, and ICICI
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Here are steps every taxpayer can take to avoid costly mistakes and IRS audits.
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Income tax news: No taxpayer services on e-filing portal. Know date, timings, other details here Income taxpayers are advised to plan their activities accordingly as services on the e-filing portal will be restricted till early February 5 for scheduled maintenance
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