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Market News

Location American Market News for 11 December 2024

OPEC Further Trims Oil-Demand Forecast After Output-Hike Delay

Wall Street Journal - 11 Dec 2024 15:58
The Vienna-based cartel cut the forecast for the fifth consecutive month after further postponing plans to increase output amid softer prices and market concerns over weaker global consumption.
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Nikkei May Trade Rangebound Amid Caution Ahead of U.S. CPI

Wall Street Journal - 11 Dec 2024 01:45
Japanese stocks may trade rangebound as caution continues over the Fed's policy outlook ahead of U.S. inflation data due later in the day.
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U.S. crude-oil inventories fell for a third consecutive week as imports declined, offsetting a rise in domestic production to a record level.
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The department store operator slightly raised its full-year forecast, while still projecting a sales decline.
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How can NRIs ensure their wills are valid in both India and the UK? NRIs should create separate wills for assets in India and the UK to ensure legal clarity and compliance.
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How you can claim deductions and save on taxes from rental income Old tax regime offers more flexibility in terms of deductions on rental income
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Where should investors park their debt funds after RBI's policy move A 12-month investment horizon calls for a balanced, risk-adjusted approach, favouring intermediate-maturity debt securities.
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How to pay off your personal loan faster? Here are 7 ways Personal loan: To manage personal loans effectively, evaluate your repayment ability and create a budget. Early repayments can offer benefits, including reduced interest. Utilize extra income wisely, consider loan transf...
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Best credit cards with low APR: Top 4 picks you should know Credit cards: To manage credit card debt, consider low APR options like IDFC FIRST Wealth, HDFC Infinia and more. While low rates reduce interest payments, responsible usage and timely payments are key to maintaining goo...
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Personal loan for home renovation: 4 essential tips you need to know Personal loans: It provide unsecured funding for home renovations without collateral. They often have fixed interest rates and minimal documentation. It's important to assess credit scores and plan a budget, including co...
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The Fate of Markets Rests on Trump's Dollar Policy

Wall Street Journal - 11 Dec 2024 12:30
The president-elect wants a weaker dollar but markets have been betting his policies will mean an even stronger currency. Could they have Trump all wrong?
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How Booming Leveraged Funds Can Incinerate Your Money

Wall Street Journal - 11 Dec 2024 12:30
Variants soon might include long-short funds resembling steel-cage matches.
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Crypto Industry Hopes Trump Can Finally Get Them Bank Accounts

Wall Street Journal - 11 Dec 2024 12:30
Crypto venture capitalists and founders are counting on the incoming administration and a new pressure campaign to repair relationships with big banks.
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Motilal Oswal offers zero-expense for first year on new arbitrage fund The new fund offer is open for subscription from 16-19 December.
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How you can calculate your early retirement fund

livemint.com - 11 Dec 2024 09:33
How you can calculate your early retirement fund The analysis shows what kind of corpus cover should be considered for early retirement
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Top 5 credit cards with free airport lounge access for travellers Certain credit cards in India offer lounge access, enhancing travel comfort. Popular choices include Axis Atlas and IndusInd Bank Avios. Nonetheless, potential risks like overspending and high interest rates should be co...
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Missed filing your ITR in July? You'll have to pay a ₹10,000 fine if you fail to meet this deadline as well Taxpayers can file belated income tax returns until December 31, face a ₹5,000 late fee. For incomes under ₹5 lakh, the fee is ₹1,000. However, if you miss this deadline too, a penalty of ₹10,000 looms. So, here'...
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Personal Loan: 6 factors that determine your interest rate Personal Loan: Some important factors in determining personal loan interest rates include macro interest rate regime, applicant's credit score, relationship with the bank, profession, past repayment history, etc.
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International funds: Which are still open and what alternatives do Indian investors have? Regulatory caps on international mutual funds limit options for Indian investors. Some funds remain available, but there are challenges that complicate direct overseas investments, leaving investors in a tough position.
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PAN 2.0: Here's how cardholders can apply for reprint with QR Code for ₹50 This facility also allows taxpayers to make corrections or update their PAN details before applying for a reprint.
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How are non-residents taxed on profits on the sale of real estate? After acquiring two residential properties, an NRI inquires about capital gains tax and remittance options. Long-term gains face a 12.50% tax, while short-term gains are taxed at applicable slab rates
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Gold Steady, Supported by Geopolitical Tensions in Middle East

Wall Street Journal - 11 Dec 2024 04:10
Gold traded steadily in the early morning Asian session, supported by ongoing geopolitical tensions in the Middle East.
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