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Market News

Location American Market News for 10 April 2024
Money in your PhonePe, Paytm wallet? You can now use it to pay on any UPI app. What RBI's new rules say PPI customers can use any of their UPI apps to access any of their wallets, even if the wallet and the UPI app belong to different companies.
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Inflation Surprise Rattles Markets

Wall Street Journal - 11 Apr 2024 00:51
Stocks fall, Treasury yields rise after a hotter-than-expected CPI reading.
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Buy the Stock Market's Inflation Freakouts

Wall Street Journal - 10 Apr 2024 21:53
Hot inflation sent stocks plunging again, but investors' panicked first reaction overlooks some underlying reasons.
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Sensex, Nifty on the dance floor -- should you simply invest in index funds and relax? Here is what experts say Broader benchmark indices Sensex and Nifty spiked nearly 18.74 per cent and 20.03 per cent respectively in 2023. The market continued its gaining spree for the eighth year in a row.
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Weekly crude-oil inventories rose by 5.8 million barrels to 457.3 million barrels, compared with analysts' expectations of an added 800,000 barrels.
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Germany Passed its First Chinese Test---This One Is Trickier

Wall Street Journal - 10 Apr 2024 15:44
The "China Shock 2.0" is the latest threat to the German model. Yet economic policy is in a paralysis: Unlike in the 2000s, the country's different corporate interests are no longer aligned.
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How to plan your retirement corpus and charity fund?

livemint.com - 10 Apr 2024 15:20
How to plan your retirement corpus and charity fund? If we consider inflation of 6% then the monthly amount required for regular expenses at the time of your retirement will be ₹1.60 lakh.
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Good debt versus bad debt--making the best of debt

livemint.com - 10 Apr 2024 14:43
Good debt versus bad debt--making the best of debt The distinction between good debt and bad debt is about the level of prudence. Debt is not anathema; it is when you treat debt casually that bad debt problem starts.
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Banks Strike Back Against Private Credit

Wall Street Journal - 10 Apr 2024 14:30
Wall Street banks are gaining back ground against nonbank lenders.
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What Happens If You Don't File Your Taxes by April 15

Wall Street Journal - 10 Apr 2024 13:30
Missing the deadline can be costly--even for taxpayers who get an extension from the IRS.
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A Safe, Profitable Bet on the Green Transition

Wall Street Journal - 10 Apr 2024 13:30
Midstream energy companies are especially attractive given how difficult it has been to add pipeline or storage capacity.
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CIBIL Score: How to use credit report to plan finances? Here are 5 ways By getting access to your credit report, you can evaluate your creditworthiness, look for areas for improvement, monitor credit health, and use it before raising a loan as well as to manage debt responsibly.
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From CIBIL to banks, different ways to access your credit report CIBIL is one of the leading credit bureaus and one can access one's credit report from their portal by registering and following the necessary authentication process.
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China suffers debt downgrade in latest blow to economy China has suffered a downgrade in the latest blow to its economy, after agency Fitch cut its outlook to negative over concerns about rising debt levels.
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The Bank of Japan would consider a policy response if the yen's weakness causes inflation to rise sharply higher, Gov. Kazuo Ueda said.
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