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Market News

Location American Market News for 27 May 2024
Liquidators of the beleaguered China Evergrande Group are in talks with a potential buyer to sell a significant stake in the property giant's new energy vehicle unit.
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Global Stocks Rise; Investors Await Inflation Data

Wall Street Journal - 27 May 2024 16:28
Stocks in Asia and Europe rose while U.S. index futures edged lower, kicking off a week that includes the release of a closely watched U.S. inflation gauge.
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Do I need to report inward remittances?

livemint.com - 27 May 2024 16:06
Do I need to report inward remittances? Any inward remittance to the NRE account would not be subject to taxation in India.
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Why Are Cruise Stocks Still Dead in the Water?

Wall Street Journal - 27 May 2024 16:00
Carnival, Royal Caribbean and Norwegian have largely recovered from the pandemic, but investors are wary.
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Public Provident Fund: 4 hidden rules you should know Public Provident Fund (PPF) is a tax-free investment with 7.10% interest rate, backed by the Government of India. It has a 15-year lock-in period calculated from the end of the financial year. Unveiling four lesser known...
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Options for correction of mistakes in past income tax returns The problem really is that most taxpayers discover the mistakes in their tax returns only when they are filing their tax returns for the subsequent year. By then, it is too late to file a revised tax return.
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Personal loans: What credit information do lenders look at when assessing applications? Lenders act as detectives when you apply for a personal loan; they look up your credit history to assess your reliability.
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What are instant personal loans? Here are 6 essential features that define them Compared to traditional personal loans, instant personal loans have quicker approval processes and are intended to give quick access to funds.
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Opportunity cost vs premium loss: When to surrender your policies Surrendering endowment policies can incur immediate losses, but may reduce overall losses and offer higher returns if future premiums are reinvested wisely..Consider other options like converting to a paid-up policy or t...
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Should you choose a home loan that lets you cut interest payments using surplus cash? Most major banks offer home loans with an overdraft facility, which allow you use surplus cash to reduce the interest you pay. But such a loan may not be the right choice for everyone.
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Does your family know about your investments?

livemint.com - 27 May 2024 08:27
Does your family know about your investments? Neil Borate in Mint's new show explains why adding nominees is so important
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Planning to invest in a fixed deposit for 1 year: Top 5 banks offering highest interest rates Repo rate cut which is expected to take place later this year would kick off the onset of low interest rate cycle in the market. So, once RBI brings the repo rate down, banks would follow the suit by slashing the interes...
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Oh, The Places You'll Go---With a Strong Dollar in Tow

Wall Street Journal - 27 May 2024 05:00
Take an inflation vacation in the countries where the dollar goes farthest like Argentina, Hungary and Japan.
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