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Market News

Location American Market News for 5 February 2025
Snap reported better-than-expected fourth-quarter results Tuesday but issued earnings guidance that trailed estimates.
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Ozempic and Wegovy maker Novo Nordisk quieted Wall Street's concerns with its fourth-quarter results and 2025 outlook.
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Disney's cost-cutting efforts and the strength of its beloved brand were on full display in Wednesday's results.
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Alphabet shares dropped after the search giant fell short of Wall Street's fourth-quarter revenue expectations and announced big spending plans
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Uber's mobility segment reported $6.91 billion in revenue, up 25% from a year earlier. StreetAccount analysts were expecting $6.77 billion.
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Mutual Funds: Why 'watching the pot' is hurting your returns--And your sanity Constantly checking mutual fund performance can create stress and emotional reactions that disrupt long-term investment plans. It's essential to resist the urge for daily updates and focus on consistent contributions and...
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"We have announced record results for the third consecutive year as we continue to grow revenue, profitability and returns," Executive Chair Ana Botin said.
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How to redeem your credit card points? 3 ways you need to know Using credit cards can earn you reward points, but knowing how to redeem them effectively is essential for value. The number of points earned depends on your spending and card type. Choose redemptions wisely and keep tra...
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5 best government loan schemes for start-ups in 2025 Government start-up loans provide essential financial support but require detailed applications and strict eligibility may hinder some firms. Programs like NSIC and the Ministry of MSME offer various loan options and sim...
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3-year vs 6-year loan tenure: Which option is smarter for your car purchase? Deciding between a shorter or longer loan tenure can significantly affect your monthly budget and overall loan cost. Here's what you need to consider before making that choice.
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Income Tax: 4 key reasons for which you should still opt for the old tax regime Income Tax: The new tax regime has become quite attractive for the middle-class taxpayers. In FY 2023-24, around 74 percent of taxpayers opted for the new regime. There is an expectation that nearly 90 percent of taxpaye...
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Danish pharmaceutical behemoth Novo Nordisk reported better-than-expected net profit in the fourth quarter, amid soaring demand for its Wegovy obesity drugs.
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Budget 2025 | GIFT City insurance and endowment plans are now tax-free for NRIs. What about for resident Indians? Budget 2025 has introduced a potentially game-changing tax arbitrage for unit-linked insurance policies and endowment plans sold in Gift City. But it appears this tax benefit applies only for NRIs.
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How to close a credit card the right way--A complete guide Closing a credit card can affect your credit score, making it essential to follow the correct procedure. Proper cancellation can help manage spending and avoid penalties, but the impact on credit scores must be carefully...
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Income Tax Bill 2025: What's new, what may change, and what we can expect? The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya Nyaya Sanhita that replaced the Indian Penal Code (1860 Act) in July 2024, Finance Minister Nirm...
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No tax on income up to ₹12 lakh. Are NRIs eligible? NRIs who opt for the new tax regime may get some benefits, but they are not eligible for the Section 87A rebate
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Edelweiss hikes Bharat Bond fees by 2,000%; Radhika Gupta explains why A 2000% TER cap hike has rattled Bharat Bond ETF investors, but Edelweiss AMC insists the real impact is minimal--what's the truth?
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French oil major TotalEnergies on Wednesday reported a sharp drop in full-year earnings, against a backdrop of lower crude prices and weak fuel demand.
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What is a soft and hard inquiry and how does it affect your credit score? Regularly checking your credit report is crucial for maintaining a good credit score. Distinguish between hard inquiries, which can lower your score, and soft inquiries, which do not affect it. Avoid multiple credit appl...
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Mahila Samman Savings Certificate: Interest rates, eligibility, and tax benefits explained The Mahila Samman Savings Certificate, launched in Budget 2023-24, aims to enhance financial security for women in India. Operational since April 1, 2023, it provides a secure investment option with tax benefits, promoti...
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How to reduce health insurance premiums without sacrificing coverage--key tips Health insurance terms and prices change each year, requiring applicants to compare options. Online tools can help find the best deals. To lower premiums, consider increasing deductibles and selecting long-term plans. Al...
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What is a UPI credit card and what are its key features? UPI functionality is available on RuPay credit cards from major banks like HDFC, SBI, and ICICI. Linking a credit card to UPI allows for easier payments, cleaner bank statements, faster reward accumulation, and an intere...
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