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Market News

Location American Market News for 16 February 2025
Is ELSS still a good investment without deduction offered under the New Tax Regime? ELSS mutual funds invest at least 80% in stocks in accordance with Equity Linked Saving Scheme, 2005. These schemes have a lock-in period of three years which is shortest amongst all other tax saving options.
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New Income Tax: While Australia took 3 years and UK even longer, how did tax reforms in India happen in 6 months? A similar exercise was done in the UK during the period 1994 to 2010 for simplifying the language i.e., a total of 16 years. When something similar was done in Australia in the late 1990s, it took them around three years...
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Best Mutual Funds: These 6 dynamic asset allocation funds gave over 12% annualised return in past 3 years Dynamic asset allocation funds refer to the schemes which invest in equity & debt that is managed dynamically i.e., 0 to 100 per cent in equity and equity-related instruments; and 0 to 100 per cent in debt instruments.
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Disasters cost billions--but who pays the price?

livemint.com - 16 Feb 2025 08:05
Disasters cost billions--but who pays the price? Floods, cyclones, and wildfires are no longer rare disasters--they're yearly occurrences. Yet, insurance remains out of reach for many. Can India bridge this gap and ensure 'Insurance for All' before it's too late?
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