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Market News

Location American Market News for 9 April 2022
Indian Overseas Bank trims fixed deposits rates by 40 bps; Check latest rates here A 4% rate each will be applicable on tenures 91 days to 179 days from the current 4.4%, whereas, 4.5% is set on 180 days to less than 1-year tenures from the present 4.90%.
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EPFO new guidelines: PF contribution above ₹2.5 lakh? Here's how they will be taxed For Indian residents, if a PF account is linked with a valid PAN card, then the rate of TDS will be 10%, however, if the account is not linked with PAN then the taxable rate will double to 20%.
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This Overlooked Fund Yields 10.3%. It's Just Starting To Be Discovered. These days, everyone is on guard for a recession ... and are overlooking this big yield.
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ICICI Bank extends its special FD scheme for senior citizens. Know more Earlier, the ICICI Bank's Golden Years FD Rates that came into effect from January 20, 2022, were set to end on April 08, 2022. However, ICICI Bank has now extended the scheme on its official website till October 7, 2022...
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Inflation Hurts. Better Get Used to It.

Wall Street Journal - 9 Apr 2022 14:42
Self-fulfilling expectations of inflation are rising, and a bunch of longer-term inflationary pressures are on the way.
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Gratuity: Eligibility, calculation, income tax and other rules you need to know Any person working in a factory, Port, plantation etc. and a person working in any other establishment, where ten or more persons were employed on any day during the preceding twelve months, are entitled for if they have...
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Twitter, Starbucks, Walmart: Stocks That Defined the Week

Wall Street Journal - 9 Apr 2022 00:34
Here are seven major companies whose shares moved on the week's news.
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