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Market News

Location American Market News for 25 February 2025
Nvidia reports fourth-quarter financial results on Wednesday after the bell.
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The online education company has tapped Goldman Sachs as it studies options such as going private or getting acquired.
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Capital efficiency was a highlight with output levels above management's outlook range and spending near the low end.
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Rupee crash casts shadow over US-bound Indian students' dreams; total cost may go up by ₹3.7 lakh a year In the last month, the RBI has intervened to prevent the rupee's further fall. Although the regulator's intervention strengthened the rupee by nearly 1 per cent against the US dollar, the Indian currency still trades nea...
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Investment word of the day: Compounded Annual Growth Rate -- how to calculate CAGR and what are its limitations? Investment word of the day: The CAGR measures the annual growth rate of investments, factoring in compounding effects. It aids investors in comparing different investment options and setting financial goals. However, it ...
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CBDT streamlines reporting requirements of trusts

livemint.com - 25 Feb 2025 16:56
CBDT streamlines reporting requirements of trusts The changes are effective from Monday and hence, going forward, any compliance required, especially for financial year 2024-25, would have to be in line with the new rules
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Game-changer: Using UPI abroad is just as easy as you'd expect Arun Panicker, who used UPI to pay for coffee during a recent visit to Sri Lanka, said the payment process was the same as it is back home, and saved him the hassle of exchanging currency.
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What are the perils of using 'buy now, pay later' option for stock purchases The margin trading facility allows investors to buy stocks by borrowing funds from brokers. But it can be highly risky in a bear market.
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Home Depot narrowly beat fourth-quarter earnings estimates, but it gave lackluster sales guidance as high interest rates and home prices pose challenges.
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EPF withdrawal to become easy? Soon, you can take out money via UPI; Know about proposal, benefits The government plans to ease EPF withdrawal through UPI, addressing claim rejections faced by employees. The feature may launch by May or June 2024, allowing withdrawals via platforms like GPay, PhonePe, and Paytm
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ITR filing: Tax saving options investors can choose in the new tax regime? Income Tax: Deductions under 80C, 80D, 80DD and 80G are not allowed in the new tax regime, taxpayers can still claim a few deductions which are listed below.
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Low-ticket Gift City funds are almost here. But what holds them back? A new tax notification has stirred confusion over the taxation of small-ticket funds in Gift City. No asset manager has launched a retail scheme so far
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THESE 2 banks cut their FD interest rates in Feb after RBI's repo rate cut. Check details The banks which have slashed their interest rates on fixed deposits (FDs) in the month of February are DCB Bank and IndusInd Bank.
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Overspending on credit cards? Here's the psychology you need to understand The increasing use of credit cards are a part and parcel of life now-a-days with the advantage of rewards, cashbacks etc., for everyday purchases. Credit cards, however, have a hidden psychological trick attached, which ...
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Hidden charges in personal loans: What lenders don't want you to know With more and more Indians turning to personal loans to bridge their financial shortcomings, there is a need to clearly understand the costs incurred while opting for these personal loan products.
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What is will and how it can protect your loved ones from financial stress A will is a legal document outlining asset distribution after death, ensuring wishes are honored and preventing disputes. In India, a valid will is recognized under the Indian Succession Act, 1925, and can be modified an...
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Your Questions Answered: What lenders see when they check my credit report for loan approval? Lenders assess creditworthiness by evaluating credit scores, repayment history, and credit utilization. Individuals can access a free credit report annually to identify errors. Improving credit scores requires timely pay...
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How to improve your credit score in 3 months? A proven step-by-step plan Boosting your credit score is key to getting the best loan rates and financial products. A credit score is nothing but a representation of an individual's credit profile.
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Personal loan: 9 hidden charges banks often do not tell you about Apart from interest and principal repayment, banks also levy small charges such as processing chares, late payment charges and optional insurance which can add to your EMI burden considerably
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What is the rule of 72 you should be aware of to avoid credit card debt from rising? Credit cards: This is a valuable metric to decide the time period during which investment increases by a whopping 100 percent.
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HDFC Bank Credit Card Rewards: How to use points for complimentary hotel stays HDFC Bank credit card reward points can be transferred to hotel loyalty programs like ALL, Club ITC, etc. The hotel loyalty points can then be used to book free hotel stays for vacations.
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Hims & Hers Health reported fourth-quarter results on Monday that beat analysts' expectations, but the stock sank in extended trading.
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