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Market News

Location American Market News for 13 October 2026

Gold Falls as Markets Focus on U.S. Data

Wall Street Journal - 13 Oct 2026 01:19
Gold fell in early Asian trade. Investors are mainly in a wait-and-see mode ahead of major U.S. bank earnings and inflation data this week, said Zaner Metals.
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Oil Futures Decline on Possible Technical Correction

Wall Street Journal - 13 Oct 2026 00:47
Oil futures declined on a possible technical correction after solid gains overnight.
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LIC to launch three insurance plans on 19 October: Benefits, features and eligibility explained LIC will offer three new insurance plans from 19 October 2026. New Jeevan Dhara-II provides deferred annuity income, Health Shield offers fixed health benefits, and New Cancer Cover provides financial payouts for specifi...
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Bank of America to Pay $1.2 Billion to Settle Violations of Money Laundering, Sanctions Laws The Treasury Department and regulators say bank missed $5 billion of suspicious activity.
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WSJ Dollar Index Falls 0.25% to 97.34

Wall Street Journal - 13 Oct 2026 21:39
The WSJ Dollar Index fell 0.3%, snapping a two-trading-day winning streak.
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Stocks, mutual funds, gold and property: How LTCG tax differs across asset classes LTCG tax rules differ across stocks, mutual funds, gold and property, with different holding periods, tax rates and exemptions. Here is what investors need to know about the tax treatment of their investments under the c...
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Buying property in a relatives name? Key benami law and tax risks to know Buying property in a spouses, childs or parents name can invite benami law and tax scrutiny if ownership and funding arrangements do not meet legal requirements. Know the statutory exemptions, potential penalties and doc...
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U.S. Stocks Tick Down as Bank Earnings Dont Excite

Wall Street Journal - 13 Oct 2026 21:07
U.S. Stocks Tick Down as Bank Earnings Dont Excite It was a sluggish day for U.S. stock movements, as early bank earnings failed to quash broader concerns about inflation and Fed rate hikes.
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Financial Services Roundup: Market Talk

Wall Street Journal - 13 Oct 2026 20:57
Financial Services Roundup: Market Talk Find insight on major Gulf stocks, JP Morgan Chase, Goldman Sachs and more in the latest Market Talks covering financial services.
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Have a ₹50 lakh home loan? Check how much your EMI could rise after the RBI rate hike The RBI's 25-basis-point repo rate hike could increase the EMI on a ₹50 lakh home loan by ₹852- ₹867 a month over 30 years, or ₹759 over 20 years under a separate interest-rate assumption. Borrowers with larg...
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Bank Earnings Look Strong, But Markets Shrug

Wall Street Journal - 13 Oct 2026 20:15
Bank Earnings Look Strong, But Markets Shrug Plus, memory stocks fall, and private equity is facing a reckoning.
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Oil Futures Settle Mixed as Diesels Rise Helps Lift WTI

Wall Street Journal - 13 Oct 2026 20:07
Oil Futures Settle Mixed as Diesels Rise Helps Lift WTI Crude futures end the session mixed, with Brent down and WTI edging up.
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Jeevan Pramaan: How pensioners aged 80 and above can submit life certificate online Pensioners aged 80 and above can submit their Jeevan Pramaan Digital Life Certificate from October 1, while others can do so from November 1 to 30. Heres how to generate a life certificate using Aadhaar-based face authen...
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Buying a home? 5 RERA rights every homebuyer should know on builder delays, advance payments and construction defects RERA gives homebuyers legal protection against excessive advance payments, delayed possession, unauthorised changes to property plans, construction defects and false advertising. Here are five rights buyers should know b...
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Gold Futures Slip Ahead of U.S. CPI Data

Wall Street Journal - 13 Oct 2026 18:18
Gold futures slipped in rangebound trade as the market awaits Wednesdays U.S. consumer price inflation data and its implications for Fed interest-rate policy.
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UK Pension Income: how is it taxed for NRIs in India? A returning NRIs UK workplace pension is tax-free in India while they qualify as RNOR, but becomes taxable as salary income once they become ROR, even if it remains in a UK bank account.
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Investing for the next 10 years? Experts explain how much to put in equity mutual funds, gold, debt and global stocks Investors building a mutual fund portfolio for a 10-year goal should balance large-cap stability with mid- and small-cap growth, while diversifying across debt, gold and international equities. Experts explain how valuat...
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Rising Interest Rates Threaten to Spoil the Party for Big Banks

Wall Street Journal - 13 Oct 2026 17:51
Rising Interest Rates Threaten to Spoil the Party for Big Banks Goldman Sachs and JPMorgan post higher profit, but the mood on Wall Street is becoming more cautious.
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BMW owner wins 14-year battle: Insurer told to pay ₹70 lakh after car gutted in fire A consumer commission has directed United India Insurance Company to pay ₹70 lakh to a BMW owner whose car was gutted in a fire after a tyre puncture left him stranded on a Maharashtra highway. 
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Higher Rates Are Coming for Private Equity-and Smaller Firms Are Already Hurting Firms are facing employee turnover as hopes for payouts dim amid sluggish exits.
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Why LTCG tax is back in focus: What the 12.5% rate and ₹1.25 lakh exemption mean for investors LTCG tax is back in focus after SBI Research proposed scrapping the tax on equity investments. Here are the latest LTCG tax rates, the ₹1.25 lakh exemption on eligible equity gains, property taxation rules and what inv...
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Received money to vacate your flat for redevelopment? ITAT clarifies when the compensation may be tax-free Mumbai ITAT has ruled that ₹82 lakh received by a flat owner as hardship compensation under a redevelopment agreement was not taxable as income. The ruling offers guidance to homeowners receiving compensation from buil...
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