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Market News for 13 July 2024
Rate Cuts Could Make Things Worse for Banks Before They Help
Wall Street Journal - 13 Jul 2024 16:00
With the Federal Reserve poised to begin cutting interest rates, lenders could get caught between falling yields and rising deposit costs, especially if loan growth is slow.
Net direct tax collection spikes 19.5% to ₹5.74 lakh crore so far in FY25: I-T dept
livemint.com - 13 Jul 2024 14:05
The gross direct tax collection for FY 2024-25 stood at ₹6.45 lakh crore, 23.24 per cent higher than the corresponding data of FY24, revealed the data released by income tax (I-T) department.
Extreme Heat Is Causing Billions in Damages That Insurers Won't Cover
Wall Street Journal - 13 Jul 2024 13:30
Heat waves have become more intense, stunting crops and leading to worker injuries.
Longlegs: 3 terrifying money lessons you can learn from the horror film
livemint.com - 13 Jul 2024 09:35
Longlegs, a horror film, follows FBI agent Lee Harker as she battles a serial killer named Longlegs. The movie offers insights on fear control in investments, dealing with financial gifts, and avoiding affinity scams tha...
Income tax return filing: Requirements of disclosure of assets owned by you in ITR
livemint.com - 13 Jul 2024 05:13
ITR filing: Traditional insurance policies may be treated as investments. Still, term insurance plans cannot be treated as investments, as you do not get any money back if you survive the policy term
Income tax Budget 2024 expectations: 5 things salaried taxpayers want from FM Nirmala Sitharaman on July 23
livemint.com - 13 Jul 2024 05:13
Budget 2024: Will FM Sitharaman offer income tax relief to salaried class on July 23?
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