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Location American Market News for 27 March 2024
Demat account: Forgot your password? A step-by-step guide to reset it One must select a unique and complex password for their demat account. Avoid using easily guessable passwords such as 'password' or common phrases.
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Demat accounts: From holding to pledging of shares, here are the features available Having a demat account grants you access to various benefits. Firstly, you can participate in Initial Public offerings (IPOs) and receive dividends, bonus shares, and other corporate actions directly into your account.
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Trader at Center of Libor Scandal Has Conviction Upheld

Wall Street Journal - 27 Mar 2024 16:30
A U.K. court upheld the landmark conviction of Tom Hayes, the alleged ringleader of a conspiracy to rig interest rates during the global financial crisis.
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Stocks Advance to Break Losing Streak

Wall Street Journal - 28 Mar 2024 00:27
The S&P 500 is little changed on the week but heading for a spectacular first quarter.
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S&P Global Cuts Paramount Credit Rating Into Junk Territory

Wall Street Journal - 28 Mar 2024 00:16
The ratings company cut Paramount Global to BB-plus from BBB-minus, citing continuing cord cutting and elevated investments required to support the buildout of streaming services.
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Penalty of ₹77 lakh for front-running: This is why you should not use your mother's trading account The son used his mother's trading account while working for a company as a technical analyst. Now, the mother-son duo is directed to disgorge a sum of ₹38.78 lakh within 45 days from the date of the order besides the �...
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SBI revises annual maintenance charges for debit cards from April 1 - Check full list State Bank of India will implement its revised annual maintenance charges for debit cards from April 1 - Check full list
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U.S. crude oil inventories increased last week by 3.2 million barrels last week, along with gasoline stocks as refiners stepped up their capacity use.
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Can I convert my single demat account into a joint account? A single demat account is a type of dematerialised account that is opened and maintained by a single individual, while a joint demat account allows multiple holders with equal rights. Converting single to joint is not po...
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BYD's Rise Challenges Tesla---and Its Valuation

Wall Street Journal - 27 Mar 2024 18:29
BYD and Tesla have a lot in common these days--except in terms of market value, where the U.S. company is roughly seven times as big.
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How can I accumulate a ₹7.7 crore corpus before retirement? Consider rebalancing your investment portfolio to reduce risk as you reach retirement age.
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The Swedish retailer significantly beat profit expectations for its fiscal first quarter.
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Demat Accounts: All you need to know about the charges associated and how to reduce them Demat accounts have revolutionised the ease of investing and trading but they entail associated charges. These fees are a reasonable trade-off for the convenience of electronic trading. However, it's essential for invest...
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Why liquid schemes of P2P lenders are set to hibernate Decision to temporarily freeze these schemes comes in the wake of increased scrutiny by RBI.
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Income Tax: Deadline to seek tax exemption via ELSS is tomorrow, not March 31. Here's why Since the financial markets are closed for three days, mutual fund houses will not be able to process the transactions during these days.
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The Crypto Reboot That Wasn't: Why 'FTX 2.0' Floundered

Wall Street Journal - 27 Mar 2024 13:30
Creditors say FTX's post-chapter 11 management team missed an opportunity to create a valuable business from the ashes of the cryptocurrency exchange.
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Signing a personal loan with a co-signer? Consider these important factors before going ahead Having a co-signer greatly enhances your chances of securing a personal loan. Acting as a safety net for the lender, a co-signer can significantly increase your approval likelihood and potentially secure a lower interest...
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Can Apple and A.I. Make Baidu Cool Again?

Wall Street Journal - 27 Mar 2024 13:00
China's search leader was long viewed as an also-ran. Shifting political and technological winds might change that.
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Confused about taxes? Here's how salaried women can reduce their tax burden Financial planning is crucial for salaried women due to lack of financial literacy. Tax-saving strategies include overlooked avenues for substantial savings. Life endowment policies offer tax advantages applicable to bot...
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CIBIL: How does credit score impact your insurance premiums? A high CIBIL score (indicating good financial history) can lead to lower insurance premiums, especially for car insurance. Insurers view you as a reliable policyholder less likely to miss payments.
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Chinese EVs to take quarter of European market this year China is clawing a greater share of the electric vehicle market away from European rivals as new figures suggest a quarter of EVs sold within the EU this year will come from the country.
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Can you improve your CIBIL score in a month? MintGenie answers Making timely payments is imperative. It is vital to pay your current debt and make sure that all your EMIs and credit card dues are paid on time going forward. Even one missed payment can significantly impact your score...
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