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News and analysis from the world of business and finance.

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#Mint20BestFunds | We have hand-picked 20 #mutualfunds for your portfolio that have jumped through hoops of good returns, low risk, good portfolio hygiene and our own qualitative research.

#PersonalFinance
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#RelianceJio Infocomm, an Indian telecom operator in India, is set to launch a groundbreaking initiative in collaboration with the Indian Institute of Technology-Bombay β€” the '#BharatGPT' program

Read more: https://www.read.ht/R690
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#Tesla is all set to enter India with its manufacturing plant in Gujarat. The negotiation for the establishment of the first manufacturing unit of the EV maker in India has reached its final leg & is likely to conclude soon, according to media reports

Read more: https://www.read.ht/R6dO
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#TataSons Chairman emeritus #RatanTata, who turned 86 today, will sell 77,900 shares of kidswear startup #FirstCry in its upcoming IPO in 2024.

The business tycoon had picked up a 0.02% stake for Rs 66 lakh in Brainbees Solution, which operates omnichannel businesses of kidswear under the brand name FirstCry, in 2016

Read more: https://www.read.ht/R6d5
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#MintCharts | In 2023, FMCG sales stagnated due to rural challenges like food inflation and erratic monsoons, impacting discretionary spending, yet higher-income segments witnessed a robust consumption rebound evident in premium real estate and increased luxury travel.
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#PersonalFinance | SEBI's moves to simplify accreditation for investors aim to boost participation, but experts suggest further reforms are needed for increased numbers and streamlined processes.

(Akshat Rohatgi writes)

Read more: https://www.read.ht/R7Bt
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#PersonalFinance | Whether you are planning overseas travel or want to send money abroad, it is always a good idea to shop around for the best #forex exchange rate.

Here's a list of INR to USD forex rates offered by some of the major banks & travel aggregators.
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#MintDataBytes | Is your city on the metro map of India, yet?

Take a look!
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#MintLongStory | We published 238 long stories in 2023. While we'd recommend reading every one of these deep dives, for those that are short on time, here's a curated list of 15 stories by Nikhil Kanekal & Shashwat Mohanty

https://www.livemint.com/weekend/mints-finest-narrative-journalism-from-this-year-11703262708697.html
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#FrancoiseBettencourtMeyers became the first woman to amass a $100 billion fortune, marking another milestone for the heiress and for France’s expanding fashion and cosmetics industries.

Read more: https://www.read.ht/R7Hs
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What a year it's been! 2023 overflowed with milestones, growth, and impactful business stories! πŸŽ‰ πŸ“ˆ With 32 Crore users and counting, Mint was honored as the #1 Fastest Growing Website globally in Oct-2023!

Dive into what's trending on Mint and more- https://htmedia.page.link/GVYV

Thank YOU for being part of Mint's incredible journey! Cheers to an amazing year ahead! 🌟
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Data stories are usually difficultβ€”parsing through numbers, sorting it out, and then making sense of it. They're also really fun.

This year, our Plain Facts team went one step further. Every story now has two versions: print and online. While the print version is an aesthetically pleasing and colourful product, online versions of the stories come with interactive charts.

Dive into this special collection of our data-driven, visually rich journalism. It'll give you plenty of food for thought and have you asking better questions.

https://www.livemint.com/weekend/mint-plain-facts-the-best-of-2023-in-charts-11703904228264.html
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Due to a surge in demand for mid-income and luxury houses, #Gurugram witnessed a 13% rise in its housing sales in 2023.

Whereas, a 7-8% fall in the sale of housing property in Noida and Greater Noida indicated a slump in the real estate industry in these cities, according to Anarock data released for the Delhi-NCR market.

Read here: https://www.read.ht/R8WX
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As we welcome New Year 2024, some new rules come into effect as it's the first day of the month. several changes will come into effect. Since these changes will have a direct impact on you, it is vital to know which rules will be taking shape on the first day of the month.

Here's a look at changes coming into effect from January 1, 2024

https://www.livemint.com/news/india/new-year-2024-brings-important-changes-upi-ids-bank-lockers-sim-kyc-and-more-11703919135631.html
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#MintCharts | An overview of state budgets for FY24, released by the central bank last month, shows that total social sector spending by states is projected to rise 9.2% to β‚Ή24 trillion. Fourteen states have budgeted for greater increases, led by Jharkhand, Tamil Nadu, Andhra Pradesh, and Telangana in the 19-22% range. States like Punjab, West Bengal, Rajasthan, Gujarat, and Maharashtra are below the all-India average.
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#ISRO today launched its first mission of the year 2024. The space agency blast off the XPoSat (X-ray Polarimeter Satellite) and 10 other satellites from the spaceport of Sriharikota on a PSLV-C58 rocket

Read more: https://www.read.ht/R8wy
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Today's #MintMetric by Bibek Debroy!
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