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Market News

Location American Market News for 28 May 2023

Are PPF, mediclaim a must in new tax regime?

livemint.com - 28 May 2023 18:58
Are PPF, mediclaim a must in new tax regime? The Income-tax Act, 1961, provides an option to file the tax return using the default new tax regime (applicable for AY 2024-25) under section 115BAC of the Act or opting for the old tax regime.
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Why comfort is a deterrent to growing wealth

livemint.com - 28 May 2023 18:54
Why comfort is a deterrent to growing wealth Markets also tend to reward those who do not seek refuge in their comfort zone
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How foreign travel using forex card will get costlier from July 1 Forex cards, cash for foreign spends are kept out of the ₹7 lakh TCS exemption limit, unlike credit/debit cards.
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Why Britain Should Keep King Charles II And The Monarchy The recent coronation protestors who demanded monarchy should be abolished are misguided, history shows.
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Wall Street's Next Big Play is Garbage

Wall Street Journal - 28 May 2023 15:00
The green push by the U.S. and state governments is turning trash into treasure and boosting the firms that handle America's garbage.
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Tech Stock Rally Leaves Small-Caps in the Dust

Wall Street Journal - 28 May 2023 11:30
One measure shows large-cap stocks beating smaller companies by the widest margin in 25 years.
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HDFC Bank revises bulk FD rates, now offering up to 7.25% on this tenure India's largest private sector lender HDFC Bank has revised its interest rates on bulk fixed deposits (FDs) of ₹2 Cr to less than ₹5 Cr.
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