Market News
Oil Rises on Strong U.S. Jobs Data
Wall Street Journal - 13 Jan 2025 03:15
Oil rose in early Asian trade in the wake of more data signaling a strong U.S. economy.
Retailers hike holiday guidance, but Abercrombie's growth is slowing
CNBC - 13 Jan 2025 15:48
Lululemon struck a cautious tone in the lead up to the holiday shopping season but said that its results were better than expected.
Goldman Sees Financing as the Future. It Is Rearranging Itself to Reflect That.
Wall Street Journal - 13 Jan 2025 15:30
The Wall Street giant's new group will capitalize on a private-credit surge and anticipated private-equity deal boom.
Asian Currencies Consolidate; Fading Fed Rate-Cut Hopes May Weigh
Wall Street Journal - 13 Jan 2025 02:13
Asian currencies consolidated against the dollar in the early morning session. Friday's robust U.S. nonfarm payrolls report has reduced the probability of Fed rate cuts in the near term, CBA said.
Personal loan EMI: Now you can switch from floating interest rate to fixed as RBI clarifies norms
livemint.com - 13 Jan 2025 15:46
In its latest guidelines, the RBI instructs banks to give borrowers the option to change floating rates to fixed rates on personal loans when interest rates are reset.
Europe's Gas Prices Rise Amid Lower Reserves
Wall Street Journal - 13 Jan 2025 12:45
European natural-gas prices rose more than 4% after colder weather across the continent drove up demand, raising concerns over the state of reserves with ANZ saying "Europe is burning through gas reserves more quickly th...
Japan Fires Starting Gun on Global Wave of Auto Mergers
Wall Street Journal - 13 Jan 2025 12:30
The Honda-Nissan tie-up is a response to industrywide challenges that are pushing automakers to combine.
Prediction-Markets Venue Kalshi Appoints Donald Trump Jr. as Adviser
Wall Street Journal - 13 Jan 2025 12:30
A market for yes-or-no bets on elections, news and pop culture is getting a MAGA stamp of approval.
Why Bond Yields Are Surging Around the World
Wall Street Journal - 13 Jan 2025 12:30
The selloff in government debt is making it costlier to borrow, jarring stocks and pressuring indebted countries.
Dollar Rises to 2-Year High After Strong Data Dim Rate-Cut Prospects
Wall Street Journal - 13 Jan 2025 11:33
The dollar hit fresh highs against several currencies, continuing its rise after Friday's strong U.S. jobs data further dimmed prospects for Federal Reserve interest-rate cuts this year.
Filing ITR: You can file updated income tax return for past two years before March 31. Check the rules that apply
livemint.com - 13 Jan 2025 11:18
For 2021-22 and 2022-23, taxpayers can still file their updated income tax return by March 31, 2025.
How are property sale proceeds taxed for a resident but not ordinarily resident?
livemint.com - 13 Jan 2025 10:44
As RNOR, only income that is received, deemed to be received, accrues, arises or is deemed to accrue or arise in India is taxable.
How off-season deals helped this Mumbai couple enjoy a budget-friendly two-week Christmas holiday across Europe
livemint.com - 13 Jan 2025 10:30Retirement Planning: How to build a strong financial foundation early
livemint.com - 13 Jan 2025 10:08
Retirement requires careful financial planning during working years. By saving and investing wisely, individuals can build a substantial corpus. The earlier one starts saving, the greater the benefits of compounding, ens...
10 best travel credit cards of 2025: Top picks for rewards and benefits
livemint.com - 13 Jan 2025 10:05
Travel credit cards are ideal for frequent travellers seeking exclusive perks, offering rewards and cashbacks on various expenses. However, users should be cautious of unplanned spending to avoid financial burdens.
How does financial literacy impact loan approval? 5 key factors you need to know
livemint.com - 13 Jan 2025 10:02
Financial literacy is crucial for loan success, enabling borrowers to comprehend terms, compare offers, and avoid pitfalls. It promotes responsible borrowing, enhances credit health, and empowers individuals to make soun...
Top 6 banks offering personal loans for students in 2025 - check interest rates here
livemint.com - 13 Jan 2025 09:33
Student personal loans provide quick financial assistance for education and related costs without requiring collateral. While they offer flexibility, students should be cautious of higher interest rates and ensure they c...
Bond Markets to Keep Trying to Stabilize
Wall Street Journal - 13 Jan 2025 09:21
Bond markets struggled to stabilise with the rally in oil, upbeat U.S. payrolls and the government supply wave taking its toll, Commerzbank Research said, adding that a change in dynamics seems unlikely this week.
How AI and digitalisation can make India's pension schemes more accessible and efficient
livemint.com - 13 Jan 2025 07:54
While digitalisation has revolutionised the accessibility and administration of pension schemes in India, AI-driven predictive models can allow pension fund managers to make more informed decisions about investment strat...
Credit cards: 3 Kotak Mahindra Bank cards offer discounts, reward points on shopping
livemint.com - 13 Jan 2025 07:10
Here we list out the key features and discounts offered by three major credit cards offered by Kotak Mahindra Bank
Credit score: How often should you check it, and what impact does it have?
livemint.com - 13 Jan 2025 07:01
Ideally, credit score should be checked at least once in a year. There is a wrong perception that checking the score too often leads to an adverse impact on it
Personal Loan: 6 key documents required if you want to apply for loan online
livemint.com - 13 Jan 2025 06:51
The essential documents required for personal loan application are three months' salary slips, PAN card, Aadhaar, proof of employment, appraisal letter, among other details.