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Market News

Location American Market News for 12 October 2024
RBI announces buyback of ₹25,000 crore worth G-Securities through auction on THIS date; check details here The RBI has also announced the auction of Treasury Bills amounting to ₹19,000 crore across time duration of 91 days, 182 and 364 days.
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Tesla Leaves Uber Plenty of Road

Wall Street Journal - 12 Oct 2024 15:30
Elon Musk's brief Cybercab unveiling doesn't hurt the case for the ride-booking operator's key role in the robotaxi business.
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Alicia Munnell, who is stepping down as director of Boston College's Center for Retirement Research, reflects on her own retirement planning.
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These 7 banks offer highest interest rates on their 1-year-fixed deposits. Check list here Here we list out the top seven banks which offer highest interest rates on their one-year fixed deposits (FDs). These rates are lower than the rates offered by banks on long-term deposits such as for 3 years or 5 years
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Home insurance in Florida is an unusual patchwork, reliant on small to midsize carriers and several layers of state support.
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Soft Landing or Hard? Bank Results Show Path to No Landing

Wall Street Journal - 12 Oct 2024 12:00
Comments from JPMorgan and Wells Fargo suggest the economy could stay airborne.
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Sovereign Gold Bonds: Understanding income tax exemption on early redemption of SGBs Sovereign Gold Bonds offer tax-exempt early redemption after five years. Gains from such redemption aren't treated as income, eliminating the need for declaration in ITR2. Optionally, profits can be reported under Exempt...
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Big fat Indian weddings: 6 tips for managing post-wedding debt in India Effective debt management becomes crucial as India approaches a wedding season with 3.5 million events
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ICICI Bank reduces credit card benefits starting November 15. Details here ICICI Bank is cutting credit card benefits, including no reward points for government-related spending and caps on grocery and utility transactions. New fees on education and fuel payments are implemented, with changes e...
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