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Location American Market News for 6 May 2024
IT growth in near term to be modest, says Sneha Poddar of Motilal Oswal Sneha Poddar believes that our economy is undergoing a mini-Goldilocks moment as a result of strong macroeconomic conditions, healthy corporate earnings, peaking of interest rates and current policy momentum.
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How to secure a personal loan with poor credit score? Here are the steps to help you get approval Building a strong credit history is a gradual process. Obtaining a personal loan can be challenging under these circumstances, emphasising the importance of enhancing your credit score over time to bolster your prospects...
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Defense-tech and AI firm Palantir reported earnings that beat analyst expectations on revenue, but also issued weaker-than-hoped for full-year guidance.
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Paul Weiss Scores Another Top Dealmaker in Hiring Push

Wall Street Journal - 6 May 2024 22:00
Jim Langston is leaving Cleary Gottlieb Steen & Hamilton to join Paul Weiss's mergers-and-acquisitions practice.
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The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
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Want to invest in SGBs through demat route? Here's a guide Sovereign Gold Bonds (SGBs) offer protection against risks associated with physical gold holdings. Eligible investors in India can invest in SGBs and benefit from the market value of gold at redemption. SGBs provide tax ...
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Robinhood disclosed it received a notice from the Securities and Exchange Commission staff recommending that the regulator file an enforcement action against its cryptocurrency unit.
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How is a seafarer's income taxed?

livemint.com - 6 May 2024 16:24
How is a seafarer's income taxed? You have to cross the threshold of 182 days or more stay in India in order to qualify as a tax resident of India.
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Cashback is passe. These fintechs offer crypto, digital gold as card rewards Two fintechs enter regulatory grey zone to offer crypto and digital gold as card rewards
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Inheritance Tax Re-Introduction: 4 effective succession planning tips for HNIs Setting up trusts, HUFs, and gifting are some of the ways to effectively plan succession.
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Take loan to avoid tax: a new loophole in insurance town This sales pitch primarily targets whole-life insurance plans, where death benefits extend for the policyholder's lifetime up to 100 years.
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Qualcomm's Smartphone Future Looks Brighter With AI

Wall Street Journal - 6 May 2024 14:00
AI-enabled smartphones and PCs should help the maker of wireless chips, which remains among the cheapest in semiconductor stocks.
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5 common mistakes to avoid when opting for a personal loan to fulfil your fund requirements Avoiding specific errors ensures that a personal loan remains a beneficial financial resource rather than becoming a burden.
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How to use personal loans for debt consolidation effectively? Follow this strategy Before proceeding with debt consolidation, thoroughly assess your options, confirm that the financial calculations are advantageous (such as saving money on interest), and develop a responsible plan for repaying the cons...
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Real Estate: How fractional ownership is redefining the rules of investing for small investors? Real estate is experiencing an upturn in India due to economic growth and urbanisation, with the advent of fractional ownership making commercial properties accessible to retail investors, offering higher rental returns ...
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How to improve your CIBIL score using gifted money? Here are 3 ways Gifted money does not directly affect your CIBIL score as it depends on your credit behaviour and financial management. But here's how you can use this money to improve your score indirectly.
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How does divorce impact your CIBIL score? Here are 4 primary ways in which it affects your figures Although divorce itself does not impact your credit score, or CIBIL score, credit behaviour and financial management, such as your payment history, credit utilisation, types of credit accounts, and credit inquiries, amon...
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Top 5 NFBCs offer higher interest rates on their fixed deposits; check list here Bajaj Finserv offers higher interest rates on special periods i.e., 18, 22, 33 and 44 months. The interest rates range between 7.40 percent to 8.25 percent per annum across durations.
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Why the Fed Is Right to Bide Its Time on Rate Moves

Wall Street Journal - 6 May 2024 07:00
Not that critics of Jerome Powell's latest move don't have some good points, says Streetwise columnist James Mackintosh.
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Westpac's First-Half Profit Falls, Lifts Buyback

Wall Street Journal - 6 May 2024 03:57
The Australian bank said its first-half net profit fell by 16%, but it would return more capital to shareholders through an increased dividend and bigger share buyback.
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