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Market News

Location American Market News for 11 January 2025

The Top Stock Funds of 2024

Wall Street Journal - 11 Jan 2025 17:00
The Magnificent Seven tech stocks and big AI players drove double-digit gains at many large-cap mutual funds. The top fund returned 51.8%.
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Many Los Angeles-area residents devastated by fire will lean on Washington and charitable aid--and draw on their own savings.
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High-interest rate fixed deposits for super senior citizens: SBI vs PNB vs Union Bank of India vs RBL vs Indian Bank Super senior citizens aged 80 and above can access higher fixed deposit returns from Indian banks like SBI, PNB, and RBL Bank
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Sonu Sood's Fateh: How this film's action and money lessons are a mixed bag In the film Fateh, Sonu Sood plays a hero tackling a loan scam in Punjab, but the plot is slow and unoriginal. Despite his efforts, the film fails to deliver impactful action or compelling performances, leaving audiences...
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Where to keep the money until house investments are made for Section 54 exemption? The individual intends to sell a flat to fund the construction of a new house after 10-12 months. They are inquiring about investment requirements to avoid capital gains tax and the implications of Section 54 for claimin...
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Budget 2025: Five income tax changes that you can expect in Nirmala Sitharaman's speech As Budget 2025 approaches, potential income tax reforms for salaried individuals may include changes to tax slabs. Experts suggest raising Section 80C limits.
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HDFC Bank revises fixed deposit (FD) interest rates: A comparison with SBI, Axis, and Punjab National Bank HDFC Bank has updated its fixed deposit interest rates, offering up to 7.40% for the general public and 7.90% for senior citizens on deposits between ₹3 crore to ₹5 crore. The bank also revised its MCLR rates, effect...
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Income tax: Can I claim a deduction under Section 80C against capital gains from listed shares? A retired individual with ₹5 lakh short-term capital gains and ₹2 lakh interest income will face a 20% tax on ₹2.5 lakh after deductions. Section 80C benefits are exclusive to normal income, with no tax reduction s...
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SEC, Shift4 Payments Reach Disclosure-Violation Settlement

Wall Street Journal - 11 Jan 2025 00:55
The Securities and Exchange Commission reached a $750,000 settlement with Shift4 Payments, resolving allegations that the payments-technology company failed to make required disclosures in several of its filings.
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