Mint Business News - Official Channel
βœ”
115K subscribers
10.7K photos
341 videos
7 files
20.3K links
News and analysis from the world of business and finance.

For more, visit
www.livemint.com
Download Telegram
#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
πŸ‘20❀10πŸ”₯5πŸ‘4😁3
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! 🌟
❀18πŸ‘15😁4🀩2
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
πŸ‘9😁2❀1
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
πŸ‘16😁2πŸŽ‰2πŸ‘Ž1
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
πŸ™3😁2
#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.
πŸ‘14πŸ”₯2😁2πŸ™2❀1πŸ€”1
#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
πŸ‘42❀7😁2
Today's #MintMetric by Bibek Debroy!
😁3πŸ‘Ž2😒2
❀41πŸ‘8😁2
#PersonalFinance | RIAs follow a process before creating a financial plan. They seek details of existing savings, investments, liabilities, expenses and financial goals.

They also analyse their clients’ risk appetite based on a few questions. It helps them allocate their funds in debt and equities in the right proportion.

Read here: https://read.ht/R9E0
πŸ‘8😁4
#PersonalFinance | Building a portfolio is a complex exercise, & it has to be maintained too. One must keep in mind the volatility risk of the asset class, liquidity, lock-in rules & taxation.

Here's a look at how four commonly used asset types - equity, cash, gold & fixed income - have done in different periods.
😁5❀2πŸ‘1
The count of billionaires promoters of India Inc.'s listed firms has increased by 21% in 2023 as per reports.

The billionaire promoters in 2023 swelled to a record high of 152 in 2023 as against 126 in 2022. In addition to this, a 16% uptick was also recorded in their combined net worth in 2023 at $858.3 billion.

Read here: https://www.read.ht/R9GZ
πŸ‘27πŸ‘Ž10😁3❀2πŸ€”1
#DataRewind | Just 28,060 foreigners visited India during the whole of 1953, a figure that had grown to over 10 million a year by the time covid-19 halted travel in 2020. The UK sent more than one-fourth of them, followed by the US, with a 22% share.
πŸ‘28😁4❀2
#MintCharts | Freight rates for a standard 40-foot shipping container sharply declined from $9,700 in February 2022 to $1,077 by October 2023, but recent attacks in the Red Sea have prompted a resurgence in shipping costs as vessels opt for the longer Cape of Good Hope route due to security concerns.
πŸ‘5❀1😁1
#PersonalFinance | Bank fixed deposits (FDs) continue to be popular investment products not just among senior citizens who are looking for guaranteed income, but also among investors who can't stomach risks.

Here is a list of banks that offer the highest FD rates for deposits up to β‚Ή1 crore over various tenures.
πŸ‘7❀2😒2😁1
Today's #MintMetric by Bibek Debroy!
πŸ‘10😱2😁1
πŸ‘33❀10πŸ‘4πŸ‘Ž3😁1