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

Oxfam report released recently shows that the five richest men in the world- Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison and Mark Zuckerberg-have doubled their fortune to $869 billion since 2020.

However, within the same period world's poorest 60%, which account for 5 billion people, became poorer, Oxfam report adds.

Read here: https://www.read.ht/RgW3

#MintQ3EarningsTracker | The combined revenue of the companies that have declared their Dec-quarter financial results so far has risen 4.2% Y-o-Y while net profits were nearly flat, a Mint analysis showed.

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

#MintPremium | You can now discover premium business insights seamlessly, just with a click!

Subscribe with Google to explore exclusive mint content on google search, google news & discover.

To know more: https://www.livemint.com/lm-img/dev/swg-web-view-new.html

IT sets Street afire; indices at life highs | Bankers gloomy as RBI scans salaries | For 250 mn poor, living standards get better

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

#MintCharts | The Knight Frank Global House Price Index for the third quarter of 2023 ranked #India 14th globally, up 18 positions from the previous year, with an average 5.9% increase in house prices over 12 months.

As the Union Budget day approaches, there is a growing expectation in the real estate sector that the government will push affordable housing with tax breaks and other policy measures, especially in the context of rising house prices. #Budget2024

Today's #MintMetric by Bibek Debroy!

#MintPremium | 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 today at 8 pm. 🕗

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

#PersonalFinance | Abhishek Rai, an investment banker, has been to all three destinations and says #Goa cost him almost twice the expenses than what he spent on his vacations at #Vietnam & #Thailand.

Despite spending a large amount in Goa for the family vacation, it didn’t feel good, he says.

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

#PersonalFinance | There are very few retirement products that help you accumulate a retirement nest egg. One such product is the #NationalPensionSystem. It is a market-linked, defined-contribution product that needs you to invest regularly in the funds of your choice.

Here is a breakdown of the performance of different funds – equity fund, govt bond fund and corporate bond fund – of the private sector #NPS.

#PersonalFinance | The maturity amount from NRE FD is fully repatriable outside India whereas NRO FD maturity proceeds are permitted to be repatriated upto $1 million.

Got a question? #AskMint

https://www.livemint.com/money/personal-finance/should-i-choose-nre-or-nro-fixed-deposit-11705337476940.html

#PersonalFinance | Birth of a child brings with it exciting times for parents, but also a range of expenses.

While some expenses are immediate, parents need to also start thinking about future goals of the child such as higher #education & #wedding. (By Jash Kriplani)

Here is how: https://www.read.ht/RcjD

#Investments #ChildFuture #Newborns #Finance #PersonalFinance #Savings #NSDL #Parents #Healthcare #LifeInsurance #BirthCertificate #BankAccount #Minor #MutualFundInvestments #GoldETF #IPO #Tax #CapitalGains #Income #Mint #MintVideos

#Hyundai has upgraded its highest-selling #SUV in India, the #Creta, now priced from Rs 11 lakhs - Rs 20 lakh ex-showroom. The mid-SUV segment in India is now more competitive than ever, with domestic and international OEMs throwing their hat in the ring to get a piece of this pie.

With 20,000 pending orders for the older version of the Creta, many customers are likely to take deliveries of the facelift instead. What changes in the #Cretafacelift, and will it continue to lure in buyers?

#ADAS #Creta #SUVs #NewLaunchAlert #CarSales #Mint #MintVideos