Market News
Stocks Flutter While Earnings Season Cranks Up
Wall Street Journal - 24 Jul 2024 00:40
The Russell 2000 continues to outpace major indexes, and traders focus on a slew of corporate earnings reports.
We're raising our price target on Danaher stock as it sheds a major overhang
CNBC - 23 Jul 2024 21:29
This quarter was exactly what we needed to see from the life sciences company.
Income Tax Budget 2024: Where do India's tax rates stand vis- -vis developed nations like US, UK & Australia? Check here
livemint.com - 23 Jul 2024 21:01
The maximum surcharge was reduced from 37 per cent to 25 per cent in last year's budget. The maximum income tax rate levied on taxpayers in the highest income bracket stands at 39 per cent now.
Tesla set to report second-quarter earnings after the bell Tuesday
CNBC - 23 Jul 2024 20:00
After a rocky first half, in which Tesla cut more than 10% of headcount, the EV maker will try to refocus investors on what's working and what lies ahead.
Alphabet set to report Q2 earnings results after the bell
CNBC - 23 Jul 2024 20:00
Google's parent company is expected to post growth for its second quarter, which was filled with AI announcements.
Disney slides on concerns about its theme parks. That should not be a surprise
CNBC - 23 Jul 2024 19:54
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
Income Tax Budget 2024: Now you can't show rental income under 'gains of business' head to evade tax. Why it matters
livemint.com - 23 Jul 2024 19:29
Budget 2024: Many landlords tend to show their rental income wrongly under 'profits and gains of business and profession' instead of 'income from house property'. Now, the government has tweaked rules to prevent this tax...
Revolut Targets Valuation Jump to $45 Billion in Sign of Fintech Revival
Wall Street Journal - 23 Jul 2024 18:01
Bank disruptor Revolut is nearing a deal to sell about $500 million worth of employee-owned shares to firms including Coatue Management, and Tiger Global Management.
Budget 2024: FM Sitharaman says taxpayers can save up to ₹17,500 under new tax regime. Here's how
livemint.com - 23 Jul 2024 17:27
Budget 2024: Under the latest changes, the income bracket up to ₹7 lakh -- instead of only till ₹6 lakh earlier -- will now attract 5 percent tax rate.
UPS shares slide on earnings miss, guidance cut
CNBC - 23 Jul 2024 16:51
UPS earnings came below market expectations and the company revised down its 2024 guidance, as shipping demand continues to struggle.
Income Tax Budget 2024: New vs old-- which tax regime is better for you post revision? Here is a comparison across slabs
livemint.com - 23 Jul 2024 16:40
With the latest changes, salaried taxpayers stand to save a maximum of ₹17,500. The new tax regime also levies lower tax rates on the same gross income compared with tax liability calculated under the old tax regime.
Comcast posts mixed results, weighed down by film studio, theme parks
CNBC - 23 Jul 2024 16:29
Comcast reported second-quarter earnings that beat on earnings but missed on revenue due to tough comparisons for its film studio and theme parks.
Budget 2024: Do you earn ₹20 lakh? You have to pay THIS amount as income tax from now on
livemint.com - 23 Jul 2024 16:17
Budget 2024: According to Finance Minister Nirmala Sitharaman, taxpayers will now save ₹17,500 due to the proposed changes in the income tax regime.
Budget 2024: How much income tax will you pay now if you earn ₹15 lakh?
livemint.com - 23 Jul 2024 16:09
Budget 2024: Finance Minister Nirmala Sitharaman has changed tax slabs under the new tax regime and revised the standard deduction limit.
Budget 2024: How budget 'may help save ₹35,000' for Indian family pensioners
livemint.com - 23 Jul 2024 16:09
Nirmala Sitharaman announced a plan to increase the family pension deduction amount for better financial stability for the citizens. The deduction amount is proposed to be increased to ₹25,000 from ₹15,000, under the...
Budget 2024: Here's how much income tax you will pay now if you earn ₹5 lakh
livemint.com - 23 Jul 2024 16:01
Budget 2024: Finance Minister Nirmala Sitharaman changed tax slabs under the new income tax regime.
Income tax, LTCG, to exemptions: Top 12 proposals from Sitharaman's Budget 2024 that impact tax payers, salaried class
livemint.com - 23 Jul 2024 15:59
Budget 2024: Listed are 12 key tax changes to impact individuals. While the three income tax are likely to benefit middle class and one pertaining to NPS enhances employee security. The change in the long an short term c...
Coca-Cola tops earnings estimates, hikes full-year outlook as global demand rises
CNBC - 23 Jul 2024 15:54
Coke beat earnings estimates and raised its outlook, as volume grew globally.
Lenders Tout a New Way to Transfer Risk, but Why Bother?
Wall Street Journal - 23 Jul 2024 15:00
Banks such as Ally Financial are turning to structured finance to flatter their capital ratios.
Budget 2024: LTCG has gone up or down? Finance Minister Nirmala Sitharaman says this...
livemint.com - 23 Jul 2024 14:49
The Budget 2024 raises taxes on capital gains, increasing STCG to 20% and LTCG to 12.5%. Finance Minister aims to simplify taxation and encourage market investment, aligning with long-term wealth creation
Budget 2024: Nirmala Sitharaman announces 10 Key things to look out for in TCS, TDS norms
livemint.com - 23 Jul 2024 14:36
Finance Minister Nirmala Sitharaman announced the simplification of taxation rules through the Tax Deducted at Source (TDS) rate structure in the Budget 2024 announcement on Tuesday, July 23.
Budget 2024: How will EPFO enrolment benefit first-time employees and employers? Govt's 3 schemes aimed to boost hiring
livemint.com - 23 Jul 2024 14:02
Budget 2024: FM Sitharaman unveils three schemes to benefit first-time employees through EPFO enrolment, including subsidies, job creation incentives, and employer support.