#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.

How to choose a good financial advisor. If you're DIY, how to access the right resources.

Access the exclusive virtual sessions with Neil Borate on 16th January at 8 pm. 🕗

Registration Link: https://docs.google.com/forms/d/12UtnpETlltK9vnDIpvmqLVWpSUaQAAabbi1tzm5aIVs/viewform?edit_requested=true

#Amazon said it will lay off several hundred employees in its Prime Video and Amazon MGM Studios.

Read more: https://read.ht/Rdvy

Canada has claimed the top spot in Berkshire Hathaway Travel Protection's 'Safest Places' report, thanks to its cold weather and low population density. This is a sharp five-spot rise from the 2023 report when it ranked sixth in the same list.

Read more: https://www.read.ht/Rdwf

Budget to focus on 5 key social segments | Zerodha entry lifts BSE’s options game | Food processing likely to see budget cut as utilization falls

Read today's Mint e-paper here: https://epaper.livemint.com

#MintCharts | In 2019, Thailand and Japan received about twice as many visitors as India, Vietnam had nearly the same number, and China welcomed a whopping 65 million tourists.

#India has 42 cultural & natural properties identified as Unesco World Heritage Sites, the sixth most in the world. But it lags behind the top countries on the list in terms of tourism: Mexico and the UK, for instance, draw far more visitors than India does.

#TCSQ3Results | #TCS reported a net profit of ₹11,432 crore in the September quarter, registering a growth of 8.7%, compared to ₹10,431 crore in the corresponding period last year.

Catch live updates here: https://www.read.ht/ReJp

IT major #Infosys, posted a consolidated net profit of ₹6,106 crore, down over 7% from ₹6,586 crore in the year-ago period.

Its consolidated revenue was flat, up just 1.3% to ₹38,821 crore versus ₹38,318 crore in the same period last year.

Read here: https://www.read.ht/ReLP

#Microsoft overtook #Apple as the world's most valuable company on Thursday after the iPhone maker began 2024 with its worst start in years due to growing demand concerns.

Read here: https://www.read.ht/ReQN

#MintCharts | A recent study by Oxford Economics, commissioned by Uber, revealed that ride-hailing services have enabled a significant number of women in Indian metros, with 29% in Mumbai and 52% in Chennai, to join or become full-time workers, projecting a potential 4% to 6.9% increase in the female labour force in five major cities by 2028.

Today's #MintMetric by Bibek Debroy!

#PersonalFinance | TULIPs, combining term insurance & Ulips for higher sum assured & market-linked returns, face scrutiny against the potential benefits of opting for separate term plans & equity mutual funds for better flexibility & returns

(Aprajita Sharma writes)

Read here: https://www.read.ht/ReVT

Asset manager #BlackRock has once again reduced its valuation of Indian ed-tech unicorn #Byju’s, this time by around 95% from $22 billion to $1 billion, as per a Tech Crunch report citing company disclosures.

Read more: https://www.read.ht/ReVh

#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.

#MintDataBytes | Ayodhya airfares soar ahead of temple ceremony

Take a look!

#MediAssistHealthcare IPO: The mainboard initial public offering (IPO) of the insurance-tech company has opened today & it will remain open till 17th January 2024.

The insurance-tech company has fixed Medi Assist IPO price band at ₹397 to ₹418 per equity share. The book build issue is proposed for listing on BSE and NSE.

Read here: https://www.read.ht/RgSK

#MarketsWithMint | The robust momentum observed in the Indian benchmark indices on Friday continues into Monday's trading session, with both #Nifty50 and #Sensex reaching new record highs.

In the early trade today, Nifty 50 surged to a peak of 22,081 points, surpassing the 22,000 mark for the first time. Simultaneously, the S&P BSE Sensex achieved a historic peak, scaling to 73,049 points and crossing the 73,000 mark for the first time.

Read here: https://www.read.ht/RgSd

#MintCharts | Out of the World Economic Forum's hundreds of partner companies, only one comes from a low-income country (Yemen’s HSA Group). (These are the companies that fund the foundation.)

Of the 1,009 companies listed as partners on the WEF website, 74% were based in rich countries and 17% in upper-middle-income ones, a Mint analysis showed.

Today's #MintMetric by Bibek Debroy!

An analysis by the IMF has found that close to 40% of jobs worldwide will be affected by #artificialintelligence, with advanced economies facing more exposure than emerging markets and low-income countries, as per a report.

Read here: https://www.read.ht/RgVA