Market News
Jio Financial Services shares: How to calculate capital gains after Reliance demerger
livemint.com - 21 Jul 2023 09:49
Reliance Industries Ltd (RIL) has demerged Jio Financial Services (JSFL). The sale of shares will be treated as capital gains for tax purposes
Dow Edges Higher, Its 10th Gain in a Row
Wall Street Journal - 21 Jul 2023 22:48
Healthcare and financial stocks this week pushed into positive territory for the year.
Couple to Plead Guilty in $4.5 Billion Bitcoin-Laundering Case
Wall Street Journal - 21 Jul 2023 21:42
Ilya Lichtenstein and Heather Morgan were charged with conspiring to launder crypto stolen in the 2016 Bitfinex heist.
Nasdaq 100 Rebalance And Options Expiration
Forbes - 21 Jul 2023 15:37
Earnings from Tesla and Netflix, released Wednesday after the close, disappointed investors and sent stocks sharply lower.
Russia Upends Shipping, Wheat Markets, Crude Oil Could Be Next
Forbes - 21 Jul 2023 15:07
Wartime threats to commercial shipping are serious; at this point anything can happen in the Black Sea.
Where Heat Waves Lead, Food Inflation Will Follow
Wall Street Journal - 21 Jul 2023 13:59
Record temperatures in the U.S. and Europe offer a preview of the harsh conditions farmers in food-producing regions will likely face as the climate changes.
What To Expect From Meta Platforms In Q2?
Forbes - 21 Jul 2023 13:00
Meta Platforms (NASDAQ: META) is scheduled to report its Q2 2023 results on July 26, 2023. We expect the stock to beat the consensus estimates of earnings and revenues.
Did The Netflix Pricing Plans Change Pay Off? Netflix Earnings Call Reveals All
Forbes - 21 Jul 2023 12:14
Netflix gained 5.9 million subscribers in Q2 after implementing its password-sharing crackdown
What To Expect From Roku's Q2 Results?
Forbes - 21 Jul 2023 12:00
Roku is likely to publish Q2 2023 results on July 27, reporting on another quarter that is likely to see the company's bread-and-butter platform business continue to f...
America's Rise as Energy Export Powerhouse Hinges on One Town
Wall Street Journal - 21 Jul 2023 11:30
Pipelines to Corpus Christi, Texas, are near capacity as U.S. oil production approaches records.
The Apple Tax Play That Keeps Uncle Sam at Bay
Wall Street Journal - 21 Jul 2023 11:30
Interest rates are up, and bond prices are down. That's revived a long-dormant tax-deferral opportunity for buyers of individual bonds.
Big Regional Banks Reported Stable Deposits---Great News for Investors
Wall Street Journal - 21 Jul 2023 11:30
Shares of Citizens Financial, U.S. Bancorp and KeyCorp are up this week.
SBI to ICICI to UTI: Top 10 Mutual Funds that have the highest holding in Infosys
livemint.com - 21 Jul 2023 11:09Pension funds to invest in sovereign green bonds (SGrBs): How it will impact retail investors?
livemint.com - 21 Jul 2023 08:54
Pension funds in India will be allowed to invest in sovereign green bonds (SGrBs), according to the Pension Fund Regulatory and Development Authority (PFRDA). SGrBs are government-issued bonds used to finance environment...
Income tax news: How the profits on redemption of ULIP policies are taxed?
livemint.com - 21 Jul 2023 08:14
The gain from the ULIP policy will be taxed under Section 112 as long-term capital gains after applying indexation on the single premium paid. It cannot be taxed under the head 'Income from other sources'
Supermarkets Are Losing This Food Fight
Wall Street Journal - 21 Jul 2023 05:00
Costco, Walmart, Aldi and Amazon are all chipping away at the supermarket's once-dominant position in selling Americans their food.
China's Lost Decade for Investors Has Already Happened
Wall Street Journal - 21 Jul 2023 05:00
Any hope that postpandemic reopening would lead to a return to rapid economic growth has floundered.
Your Credit Card Has a Spending Limit. Should Your Marriage?
Wall Street Journal - 21 Jul 2023 03:00
A cap on purchases reduces conflict and preserves financial autonomy in a relationship.