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Market News

Location American Market News for 24 December 2024

U.S. Natural Gas Futures Gain in Quiet Trade

Wall Street Journal - 24 Dec 2024 15:46
U.S. natural gas futures are higher in light trade, with participants focused on weather forecasts suggesting strong heating demand for January.
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A Credit-Score Hangover Is Hitting America's Riskiest Borrowers

Wall Street Journal - 24 Dec 2024 23:16
Credit scores soared during the pandemic, enabling a borrowing binge that has now forced a reckoning.
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Mutual funds: Are flexi cap schemes the right choice for investors amid market volatility? Flexi caps invest at least 65 per cent in equity and equity-related instruments. They enjoy the flexibility of investing in stocks across market capitalisation -- large cap, mid cap and small cap.
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Ladki Bahin Yojana: Transfer of ₹1,500 resumes for eligible women in Maharashtra The Ladki Bahin Yojana provides ₹1,500 to eligible women. Monthly assistance may increase to ₹2,100, pending budget decisions. Disbursement resumes after a pause due to election codes, benefiting over 12 lakh women i...
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Why it helps to engage a professional estate planner

livemint.com - 24 Dec 2024 14:23
Why it helps to engage a professional estate planner Professional estate planner can help in various tasks, including drafting essential legal documents like wills, trusts, powers of attorney, and healthcare directives.
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Do you think ₹1 crore is enough to wear an entrepreneur's hat? Kumar Mangalam Birla says, 'Not enough' In a recent interview, Kumar Mangalam Birla stated that ₹1 crore is inadequate for launching a business in India. He recommends young entrepreneurs to consider scalable models, seek partnerships, and understand market ...
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ITR Filing for FY 2024-25: Before you make investment declaration, be aware of these 5 key points ITR filing 2024-25: Now is the time of the year when you must make investment declaration in order to claim tax deduction
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Driving an EV? Big Oil Hopes You Don't Cut Down on Plastic Too

Wall Street Journal - 24 Dec 2024 12:30
The oil-and-gas industry needs plastic production to rise to offset a decline in demand for transport fuel.
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Justin Sun Wants to Be the Musk of Crypto

Wall Street Journal - 24 Dec 2024 12:30
The Tron blockchain entrepreneur is President-elect Donald Trump's ally in the cryptocurrency markets.
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Investors in this government-guaranteed bond have been left high and dry Scores of investors in Andhra Pradesh Power Finance Corporation Ltd bonds are still awaiting their funds because of a dispute over repayments between Andhra Pradesh and Telangana. The main lesson is this: while state dev...
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Axis Bank IndianOil Credit Card: Everything you need to know before applying Axis Bank's IndianOil credit card provides cashback and rewards for fuel purchases, along with dining and movie discounts. Users must spend ₹3.5 lakh annually to waive the fee, making it suitable for frequent fuel user...
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European Bond Yields Rise in Holiday-Thinned Trade

Wall Street Journal - 24 Dec 2024 11:24
European sovereign bond yields rose amid subdued trading volumes ahead of the Christmas holiday period, with IG expecting low volatility.
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Vivad Se Vishwas Scheme 2024: Settle income tax disputes by December 31 to avoid penalties Taxpayers can resolve income tax disputes under the Vivad se Vishwas Scheme 2024 by paying disputed amounts and a percentage by December 31, 2024. Late submissions will incur increased tax rates
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Personal Loan Settlement: Everything you need to know before making a decision Personal loans: Debt settlement offers a way out for those struggling with personal debt, but it comes with risks, especially to credit scores. The process involves negotiating with lenders to settle debts for less than ...
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RBL Shoprite Credit Card: Exclusive discounts, cashback, and reward points explained The RBL Shoprite credit card, designed for avid shoppers, offers discounts, cashback on fuel, and a welcome bonus. With an annual fee of Rs. 500 plus GST, users can waive this by spending over Rs. 1.5 lakh annually, maki...
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5 best credit cards for Christmas shopping in 2024: Rewards, offers, and more Christmas shopping: If you are planning to shop till you drop on the Christmas eve, these are some of the credit cards you may like to explore
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RBI's CIBIL score rules: A must-know guide for borrowers CIBIL score: Ranging from 300 to 900, reflect creditworthiness, impacting loan approvals and terms. Recent RBI updates improve consumer transparency, mandating frequent score updates, rejection explanations, free annual ...
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International ETFs are trading at premiums. What should investors do? Investors holding ETFs with premiums exceeding 15% should reconsider their position.
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Public Provident Fund: Is PPF a smart investment tool for income tax savings and ITR filing? Public Provident Fund (PPF) is a government-backed investment option that offers tax exemption during investment, interest accumulation, and withdrawal. With a 15-year tenure and a current interest rate of 7.1%, it is id...
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4 best credit cards for earning accelerated rewards on Amazon purchases Credit cards: With rewards enhance Amazon purchases through cashback and points. Options like Amazon Pay ICICI and HDFC Millennia offer unique benefits. It's essential to choose a card that matches your spending habits t...
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Blockchain in personal loans: How it will redefine the future of lending Personal loans: The adoption of blockchain in personal loans promises a transformative impact by enabling peer-to-peer lending, personalized loan options, and improved fraud detection. This technology aims to enhance saf...
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Credit score over 800? Here's how it can boost your financial life A credit score of 800 or higher offers significant benefits beyond loans, including better employment prospects and financial stability. It indicates responsible credit management, leading to favourable lending condition...
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