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Market News

Location American Market News for 1 April 2024
Has your income tax slab changed from today? Finance Ministry says this... Finance Ministry clarifies no new tax changes from April 1, 2024. Taxpayers can opt for old or new regime based on preferences
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S&P 500 Drops to Start New Quarter

Wall Street Journal - 2 Apr 2024 00:19
Fresh data raise doubts on whether the Fed will cut rates three times this year. The S&P 500 fell 0.2%, while Walgreens shares declined 9.9%.
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Trump Media Shares Tumble After Disclosing Recent Cash Crunch

Wall Street Journal - 1 Apr 2024 22:18
The stock slide erased more than $1 billion from the presidential candidate's approximately 57% stake in the company.
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What are the KYC norms for opening a demat account? MintGenie explains KYC, short for 'Know Your Client,' is a mandatory process to identify and verify clients' identity in financial institutions. It involves steps like customer identification, understanding financial activities, and assess...
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How do dividends get credited to a demat account? Here's a step-by-step guide Dividends play a significant role in generating income for investors in stocks or mutual funds. Dividends signify a fraction of a company's profits shared with its shareholders. Here's a step-by-step explanation of how d...
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Why do credit score ranges vary among different bureaus such as CIBIL, Equifax and Experian? There are different versions of credit scores used by various bureaus and lenders. Each bureau may use its own scoring model or variation of a scoring model, resulting in some discrepancies in the score ranges.
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Will opening a firm in Dubai have tax impact?

livemint.com - 1 Apr 2024 16:23
Will opening a firm in Dubai have tax impact? If a firm's POEM lies in India, then such foreign company would also be considered as a tax resident of India.
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A private family trust: for kids who are specially abled A private family trust created during one's own lifetime helps mitigate some of the issues which can happen if the parents are incapacitated or the wills are challenged, etc.
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Baltimore Bridge Collapse Could Fuel Reinsurance Pricing

Wall Street Journal - 1 Apr 2024 15:30
The cost of insuring against extreme risks has been rising, and the complexity of covering Baltimore's tragedy may further that.
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Why Utpal Sheth, Jhunjhunwala's right-hand man, looks for gorillas Sheth explains how his philosophy Terminal Value Investing will guide Trust MF in its equity debut and beyond.
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Don't Count Samsung Out in the AI Memory Stakes

Wall Street Journal - 1 Apr 2024 14:00
Chip makers SK Hynix and Micron have gained, but Samsung's financial and tech capacity are ready to shine.
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This Disney War Has Already Paid Off

Wall Street Journal - 1 Apr 2024 14:00
The stock price has jumped after many shareholder-friendly changes--without adding rancor to the company's board.
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Can you open a demat account without a PAN card? MintGenie answers Investors generally cannot open demat accounts without PAN cards in India. Market regulator Securities and Exchange Board of India (SEBI), through its circular dated April 27, 2007, has mandated the requirement of PAN ca...
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Some international funds are still open for investments. Here's a list. Fund of funds investing in overseas ETFs won't accept fresh investments from 1 April.
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State Bank of India accountholders alert! SBI net banking, YONO mobile app, UPI services down today. Here is why SBI announces suspension of Internet Banking, Yono Lite, Yono Business Web & Mobile App, YONO, and UPI services on April 1, 2024, for Annual Closing
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Maxed out your credit card? 5 consequences it may have When you max out your credit card, you are using the entirety of your available credit limit. This leads to a high credit utilisation ratio, which can adversely impact your CIBIL score.
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The Stock Market's Magnificent Seven Is Now the Fab Four

Wall Street Journal - 1 Apr 2024 07:00
Some investors say it is a bullish signal that the market is rallying without the likes of Apple and Tesla because it means other groups are taking part.
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Crypto FuelsRussian Shadow Trade for Weapons Parts

Wall Street Journal - 1 Apr 2024 07:00
How Russian middlemen used the cryptocurrency tether to avoid U.S. sanctions and procure parts for drones and high-tech weapons.
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How to Negotiate With a Real-Estate Agent

Wall Street Journal - 1 Apr 2024 05:00
A legal settlement that stands to do away with longstanding commission rules is rewriting the playbook for home buyers.
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