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Market News

Location American Market News for 22 April 2024
Stakes are high for the electric-vehicle maker going into Tuesday's quarterly earnings report.
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Stocks Regain Footing After Brutal Week

Wall Street Journal - 23 Apr 2024 00:28
The S&P 500 ends a six-day streak of losses with a 0.9% gain as all 11 sectors rise. Earnings and economic data provide the next tests for the market.
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Tax impact of living abroad with NRI spouse

livemint.com - 22 Apr 2024 20:49
Tax impact of living abroad with NRI spouse Taxability of an individual depends on the residential status in India under the domestic tax laws, which in turn is dependent on the physical presence in India in the relevant financial year.
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Why Mirae Asset MF is cautioning its ETF investors?

livemint.com - 22 Apr 2024 19:38
Why Mirae Asset MF is cautioning its ETF investors? Restriction on market makers is causing overseas ETFs to trade at premium to i-NAV
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Demat Account: How to create long-term wealth? Follow these 6 key steps Long-term investing in the stock market is a strategy where investors commit their funds to securities with the intention of holding onto them for an extended period, typically years or even decades.
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How to open a joint demat account? Here's a step-by-step guide A joint demat account is an investment account shared by multiple individuals with equal rights. Specific regulations govern joint demat accounts with a maximum of three holders.
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Personal Loan for Self Employed: Here's what applicants should keep in mind Securing a personal loan as a self-employed individual can pose more challenges than for someone with a consistent paycheck, but it's achievable.
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Unlocking tax benefits for NRIs

livemint.com - 22 Apr 2024 16:29
Unlocking tax benefits for NRIs Lower or nil TDS certificates help NRIs sell immovable property in India while allowing them to reduce or eliminate the TDS deduction on the sale proceeds.
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A Sony Bid for Paramount Would be a Win-Win

Wall Street Journal - 22 Apr 2024 16:27
Any deal involving a takeover by the Japanese giant still faces thorny obstacles, antitrust regulators and boardroom drama among them.
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Demat Account: What is Basic Services Demat Account and what are its features? BSDA is a special category of demat account exclusively available for individual investors. This account type is specifically designed for small investors who engage less frequently in stock market activities.
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Insurer Earnings Make Hospital Investors Sweat

Wall Street Journal - 22 Apr 2024 15:00
Better-than-expected medical costs for insurers are putting pressure on hospital stocks.
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The Facebook parent's valuation has surged, creating new pressure to keep growth up and costs down.
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Big Tech Faces Earnings Test After Market Rout

Wall Street Journal - 22 Apr 2024 13:30
The Magnificent Seven stocks lost nearly $1 trillion in combined market value last week.
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Sam Altman Invests in Energy Startup Focused on AI Data Centers

Wall Street Journal - 22 Apr 2024 13:00
The OpenAI CEO is betting that a new twist on solar power and energy storage can handle the facilities' ravenous appetite for electricity.
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Buy phone, car through flexi benefits plan route for extra saving Flexible Benefits Plan (FBP), though, is available only under the old tax regime, which allows an individual to claim deductions and exemptions under various sections of the income tax Act.
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CIBIL Score: Suspecting unauthorised inquiries on your credit report? 5 things you must do immediately If you find any unauthorised inquiry on credit report, you need to intimate the credit bureau about such an occurrence along with the details. Additionally, credit bureaus such as CIBIL have a dispute resolution process ...
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Gold prices rise 7.60% this month, 15% in YTD. How income tax rule applies on your gains? Gold prices have risen from nearly ₹59,500 to ₹72,500 per 10 gm levels in YTD time
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Thames Water plots 45pc bill increase in battle to survive Thames Water aims to increase bills by 45pc over the next five years as its £18bn debt mountain leaves it on the verge of collapse.
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CIBIL: Does joint loan account impact your credit score? Let us suppose the joint account is managed responsibly, wherein timely payments are made. It would have a positive impact on the CIBIL scores of all account holders.
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4 key reasons why clearing your credit card debt improves your CIBIL score It's vital to remember that while paying off your credit card balance in full can positively impact your credit score, other factors also play their role such as the length of your credit history, types of credit account...
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World Earth Day 2024: 5 eco-friendly money lessons to make your finances thrive World Earth Day 2024 emphasizes environmental conservation and sustainable living. Learn financial lessons from Earth Day: reduce expenses, invest wisely, and maximize resources for a secure financial future.
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Index funds offer underlying opportunity, says Anand Vardarajan of Tata Asset Management A multi-cap index will then provide an opportunity for the investor to hold a more diversified index and also get a chance to own under-represented sectors or sub-segments that are not typically a part of the large-cap s...
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