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News and analysis from the world of business and finance.

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#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 ₹1 crore over various tenures.
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Today's #MintMetric by Bibek Debroy!
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Supreme Court has refused to allow a probe by a special investigation team into allegations against the #AdaniGroup following a report by #Hindenburg Research a year ago.

It directed SEBI to expedite its investigation into two remaining cases involving the Adani Group within three months

Read more: https://www.read.ht/RaEJ
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Elon Musk's SpaceX launched a Falcon 9 rocket on Tuesday with the first set of Starlink satellites that can beam phone signals from space directly to smartphones.

"Falcon 9 launches 21 Starlink satellites to orbit from California, including six with Direct to Cell capabilities," said SpaceX, while tweeting the video of the launch.

https://www.livemint.com/science/news/spacex-falcon-9-rocket-launches-first-set-of-satellites-with-direct-to-cell-capabilities-elon-musk-11704288548141.html
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#MintCharts | The number of fintech firms giving more than 5,000 loans in a year more than doubled from 24 in 2018-19 to 54 in 2022-23. Over the same period, fintech companies that gave over 100,000 loans a year rose six-fold to 36. Growth in the number of other categories of lenders, which give similar types of loans, was slower.
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#PersonalFinance | Reverse mortgages in India, allowing homeowners over 60 to mortgage their properties without repayment obligations, face challenges due to traditional preferences, property age restrictions, residency clauses, and insurance requirements - Sashind Ningthoukhongjam

Read more: https://www.read.ht/RaVe
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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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Today's #MintMetric by Bibek Debroy!
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On January 3, #Xerox revealed its intention to reduce its workforce by 15% as part of a strategic initiative to introduce a new organisational structure and operating model

Read more: https://www.read.ht/Ra0G
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The Directorate General of Civil Aviation (#DGCA) has issued a show cause notice to #AirIndia, & #SpiceJet for rostering non-CAT III compliant pilots, or pilots trained to land in low visibility in national capital Delhi.

Read here: https://www.read.ht/Ra2z
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The Quadrantid meteor shower, likely to be this year's first and strongest meteor shower, is expected to peak around 4 pm IST on 4 January through United States skies, according to In the Sky.

Scientists say the Quadrantid meteor shower may bring up to 120 shooting stars every hour.

https://www.livemint.com/science/news/quadrantids-meteor-shower-2024-what-is-it-best-timing-to-watch-all-you-need-to-know-11704362865379.html
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Prime Minister Narendra Modi completed his visit to the Union Territory of Lakshadweep but still seems to be in the euphoria of the beauty of the scenic islands.

While sharing some exquisite pictures through his X handle on Thursday, PM Modi said he is still in awe of the stunning beauty of its islands and the incredible warmth of its people.

Read here: https://www.read.ht/Ra3v
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The overall hiring this year is expected to grow 8.3% this year with the #job market showing signs of recovery in December, a report said.

December witnessed a 2% growth in hiring, the foundit Annual Trends Report said.

Read here: https://www.read.ht/Ra6Z
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#MintCharts | The second Test match between India and South Africa was the shortest in the history of cricket in terms of balls bowled, among matches that ended in a result. Held in Cape Town, only 642 deliveries were bowled, breaking the 1932 record of 656 balls when Australia had defeated South Africa. Indian pacers ended with the edge in the low-scoring Test match.
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Today's #MintMetric by Bibek Debroy!
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#PersonalFinance | ICICI Lombard Health AdvantEdge, rated top by Mint-Beshak.org, offers comprehensive health insurance benefits but comes with a higher premium and less attractive no-claim bonus and restore benefits - writes Aprajita Sharma


Read here: https://www.read.ht/Raam
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#MintDataBytes | Which Indian state has the highest number of airports?

Find out👇
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