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Market News

Location American Market News for 28 December 2024

Wall Street Expects Gold to Glitter Again in 2025

Wall Street Journal - 28 Dec 2024 12:30
Big banks are forecasting that prices will rise to $3,000 in the year ahead.
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PPI interoperability: How RBI's new UPI rule set to ease digital payments? An explainer With the RBI's latest move, users of prepaid payment instruments (PPIs) will now be allowed to use third party apps as well instead of only the UPI functionality given by the PPI provider.
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Income Tax: How to e-verify your return? 5 Key points to know Filing ITR: Typically, verification must be done within 30 days. Now since 30 days have elapsed from the time of submission of ITR data, the date of verification will be considered as the date of filing.
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Hedge-fund manager Richard Toh's raw mea culpa details how he ignored Nvidia and bitcoin and misread tariffs.
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Best Mutual Funds: These equity schemes across market cap gave highest returns in the past 1 year. Do you own any? Best Mutual Funds: Besides absolute returns, investors are also recommended to gauge other factors such as the scheme's rolling returns, reputation of fund house, category it belongs to and other macro-economic factors.
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How to become rich: 8 smart money moves to boost your finances in 2025 How to become rich: To build wealth by 2025, individuals should adopt smart financial habits, including the 50-30-20 budgeting rule, tracking expenses, and investing wisely
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Income tax news: Will FM Nirmala Sitharaman announce tax relief for taxpayers earning up to ₹15 lakh in Budget 2025? On February 1, 2025, Finance Minister Nirmala Sitharaman may announce income tax relief for middle-class taxpayers in the Union Budget.
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The Financial Regrets and Wisdom of Americans Over 80

Wall Street Journal - 28 Dec 2024 04:00
There is a lot of life to live after the traditional retirement age that many wish they had prepared for.
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The most underrated SIP hack for a bigger mutual fund corpus Investing consistently and increasing your SIP amount is key to wealth building for mutual fund investors
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