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Location American Market News for 11 April 2024
How to become rich: Your ₹5000 monthly SIP can help you grow ₹5.22 crore. Mutual fund calculator explains How to become rich: Experts emphasise the potential of Mutual Fund SIPs for long-term wealth accumulation. By incrementally increasing monthly SIP contributions with SIP step-up, investors can build a significant corpus
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Dear 'mature' retail investor, you are the profit opportunity for others The mature retail investor understood that pandemic or not, cheap money was going to drive the markets non-stop.
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Tech Stock Rebound Sends Nasdaq Composite to New Record

Wall Street Journal - 12 Apr 2024 00:50
Softer-than-expected wholesale price data offers some relief to inflation-worried investors.
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CarMax Gets Slammed by High Rates, Tight Used-Car Supply

Wall Street Journal - 11 Apr 2024 19:52
Used cars are getting harder to obtain just as new cars get more affordable.
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The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered its forecast for non-OPEC supply growth for this year and next.
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Mutual funds: SIP contributions jumped 28% to nearly ₹2 lakh crore in FY24, shows AMFI data Inflows to mutual funds via systematic investment plans spiked in the fiscal year 2023-24, rising from ₹13,700 crore in April 2023 to ₹19,271 crore in March 2024, signifying a rise of 40 per cent.
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Are alternative investments worth the risks involved? One key concept that retail investors still need to be sensitized on is that higher returns also come with high risks.
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China Shock 2.0 Will Be Different

Wall Street Journal - 11 Apr 2024 15:00
The latest flood of cheap export goods is a lot more sophisticated and is important to Beijing's long-term plans.
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Netflix Needs to Put on Another Big Subscriber Show

Wall Street Journal - 11 Apr 2024 14:00
The streaming giant began a crackdown on password sharing last year, and investors are getting their hopes up for another subscriber-growth bonanza this year.
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Singapore's Temasek Plans to Boost Investments in Europe

Wall Street Journal - 11 Apr 2024 12:37
Singapore's state-investment company Temasek plans to invest more in European companies focused on sustainability, pharmaceuticals and biotechnology to build up resilience in its portfolio.
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UK 'trapped' in state of stagnation amid fears recession will drag on Britain's small and medium sized businesses have not seen any sign of an economic rebound so far this year, raising fears the country will struggle to escape from the recession suffered at the end of 2023.
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Can I claim capital gains exemption for consolidating multiple properties into a single residential property? Section 54 allows an exemption for long-term capital gains from selling a residential house by investing in one house within the prescribed period. Mumbai Tribunal has allowed the exemption for investing gains from multi...
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EPF: Automatic transfer from old to new job. All you want to know The UAN (Universal Account Number) and aadhaar given by the new employer to the PFRDA must be the same as what the pension fund authority has in its records. Additionally, the mobile number must already be linked to the ...
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