Market News
Nasdaq Reaches Record to Start Week
Wall Street Journal - 21 May 2024 01:38
Tech stocks led the Nasdaq Composite to a new high as investors continued to bet on the strength of U.S. consumers and rate cuts. The Dow slipped 0.5% ahead of retailers' earnings.
Analysts say Corona brewer is a buy despite slowdown in sales across the industry
CNBC - 20 May 2024 23:41
Two Wall Street research firms shoot down worries about a key beer sales metric for Constellation Brands.
Jamie Dimon Says Retirement Is Getting Closer. Finally.
Wall Street Journal - 20 May 2024 23:25
The JPMorgan chief executive says his timeline "isn't five years anymore."
Grayscale CEO Michael Sonnenshein Steps Down
Wall Street Journal - 20 May 2024 17:00
The crypto asset manager is battling an investor exodus from its flagship bitcoin fund.
U.S. Tariffs Close Off the Easiest Route to Affordable EVs
Wall Street Journal - 20 May 2024 16:26
A new 25% tariff on Chinese EV batteries and parts could hit Tesla and Ford's cheapest electric vehicles.
A Global Tax on Billionaires? Janet Yellen Says 'No'
Wall Street Journal - 20 May 2024 15:57
The Treasury secretary came out against the proposed global levy, which proponents say would stop the rich from shifting wealth into countries where they can avoid paying the tax.
Provident fund contributions: A dilemma for international workers
livemint.com - 20 May 2024 14:56Meet the champions of momentum investing who beat competition in post-covid bull market
livemint.com - 20 May 2024 14:35
While momentum falls behind the broad indices in bear markets, the bull outperformance more than makes up for this over the long term
Japan's 10-Year Government Bond Yield Hits 11-Year High
Wall Street Journal - 20 May 2024 13:55
The 10-year Japanese government bond yield climbed to an 11-year high, driven by growing market expectations that the Bank of Japan will take additional steps to tighten policy in the coming months.
On moving to UAE for business, how is LLP profit share taxed in India?
livemint.com - 20 May 2024 13:26
It is necessary to determine whether your share of LLP profit (though exempt) is also to be included towards computing the Indian income
Budget airline Ryanair posts record annual profit as passenger numbers soar above pre-Covid level
CNBC - 20 May 2024 10:51
Dublin-based Ryanair said full-year profit after tax jumped 34% and announced a 700-million-euro share buyback program.
Gold surges to record after Iran's president killed in crash
Telegraph - 20 May 2024 10:19
Gold jumped to fresh record highs after Iran's president was killed in a helicopter crash.
Income Tax: Make note of these 5 key points if you are a salaried taxpayer
livemint.com - 20 May 2024 09:10
Make sure to choose the correct ITR form before you file your income tax return. Else, the return would amount to defective return, and you will have to file a revised return.
Small savings schemes: 13 schemes offer assured returns to investors up to 8.2 percent per annum
livemint.com - 20 May 2024 08:19
The lowest return of 4 percent is delivered by Post office savings account and the maximum of 8.2 percent is given by Sukanya Samriddhi Account as well as by Senior citizen savings scheme.