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Location American Market News for 29 January 2023

Can I save proceeds from a land sale in FDs?

livemint.com - 29 Jan 2023 19:30
Can I save proceeds from a land sale in FDs? In case, the assessee is unable to purchase or construct the new house till the date of filing the original return of income, the net consideration not utilized to purchase or construct new house shall be required to be ...
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GDP Beats - Sorry, No Soft Landing; And OPEC+ Threatens Dollar Reserve Currency Status There were two major economic announcements last week. The Q4/22 GDP, released by the BEA on January 26th was fawned over by the media, and the oil cartel announced their intention to accept payment in currencies other t...
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Companies' Layoff Strategies A First Step? Four Questions For Investors Expect more company actions ahead
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Bitcoin Prices Have Climbed Over 50% Since Bottoming Last Year Bitcoin prices have climbed quite a bit in recent months, rising from less than $16,000 to nearly $24,000 today. The digital currency has managed to push higher in the face of industry headwinds.
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Climate change and changing insurance needs

livemint.com - 29 Jan 2023 19:26
Climate change and changing insurance needs Always factor in inflation in the current cost of treatment while determining the sum assured
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From 97% to 42%: How tax rates for individuals changed over the years Surcharge was removed and reintroduced multiple times in various budgets but became permanent from 2013
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Stocks This Week: Buy Analog Devices And Netflix Here are a pair of stocks for aggressive portfolios.
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Sundaram Home Finance hikes AAA-rated FD rates, senior citizens get up to 8% With a comprehensive range of financial services and products, Sundaram Finance Limited has raised interest rates on fixed deposits under ₹2 crore.
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Where does India stand in the world in comparison of individual tax rates? With the Union Budget just a few days away, the expectations are high around significant changes in individual taxes.
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Invest Like PE For Less With These 3 Massive Yielders These are serious yields we're looking at--the kind we need to retire on dividends alone.
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Power of compounding: How Rule 72 and Rule 114 can double and triple your money? The Rules of 72 and 114 play a crucial part in determining personal financial decisions when it comes to the power of compounding since they enable investors to determine how long it will take to double or triple their m...
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Pension Investments in Private Credit Hit Eight-Year High

Wall Street Journal - 29 Jan 2023 15:00
The public-market retreat has made room for pensions to add illiquid debt.
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Short Sellers Feel the Pain in Stock Market's 2023 Rally

Wall Street Journal - 29 Jan 2023 12:30
Highly shorted shares are racing past the S&P 500 this year, and short sellers are down by $81 billion.
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SBI gives 30-40 bps concessions on home loan rates, offer valid till Mar-end SBI is offering as low as 8.60% interest rate on regular home loans to customers under the new offer. However, it needs to be noted that SBI's home loan rates vary depending upon credit scores.
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A Deflation Alert Hidden In The Latest Consumer Price Indicators What is the signal coming from the latest PCE numbers? Confusion reigns. But a deflationary trend is developing, and the Federal Reserve seems not to see it.
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