The modern history of gold as an investible asset class essentially began in 1971 when the US officially ended the US dollar’s link to gold at a fixed $35/ounce.

https://www.livemint.com/market/commodities/gold-is-rallying-it-isn-t-about-inflation-this-time-11711711567918.html?utm_source=Social_media&utm_medium=Growth_Team&utm_campaign=Social_Media_all

#MintSnapView | There’s compelling data indicating successive governments have allowed the #RBI to manage the rupee without much interference.

https://www.livemint.com/opinion/online-views/rupee-at-all-time-low-ahead-of-polls-but-no-debate-shows-political-maturity-11711687112844.html?utm_source=Social_media&utm_medium=Growth_Team&utm_campaign=Social_Media_all

#MintPodcast 🎙️| What drives Carl Pei?

#TopOfTheMorning is a daily podcast in which we bring you all the action from the global markets and the business world to kick-start your day on a well-informed note.

Listen in 👇

https://open.spotify.com/episode/6uZOla71f5gqrVCaQl6hyB

Penny stock SG Finserve has delivered exceptional #multibagger returns in the last 4 years, surging from ₹2.8 in March 2020 to approximately ₹428 at present. This translates into an extraordinary return of 15185 percent.

https://www.livemint.com/market/stock-market-news/over-15000-returns-in-4-years-multibagger-stock-sg-finserve-turned-rs-1-lakh-into-rs-1-5-crore-11711947843575.html?utm_source=Social_media&utm_medium=Growth_Team&utm_campaign=Social_Media_all

PSBs level up, need pros at the top: FM | Sebi may clear the air on currency derivatives today | Ice creams, drinks, ACs top summer shopping list

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

#MintCharts | Most companies purchasing electoral bonds on multiple occasions did not consistently support a single party, a Mint analysis of the data released by the #ElectionCommission of India showed.

The #BJP, the biggest beneficiary of all, had at least 362 distinct corporate donors, with 43 of them being repeat loyal donors (the biggest being Gurugram-based DLF Commercial Developers). The Congress came next, with at least 177 donors, but just eight of them were loyal.

#PersonalFinance | The product is designed in a way that your coverage is four times the base policy cover in two years and five times if you pay the premium for three years in one go.

https://www.livemint.com/money/personal-finance/why-hdfc-ergo-optima-secure-features-in-mint-beshak-ratings-11711885271008.html?utm_source=Social_media&utm_medium=Growth_Team&utm_campaign=Social_Media_all

#MintPodcast 🎙️| How climate change is biting India’s FMCG companies

#TopOfTheMorning is a daily podcast in which we bring you all the action from the global markets and the business world to kick-start your day on a well-informed note.

Listen in 👇

https://www.read.ht/SYdH

Adieu to FY24 with peak #GST mop-up | PM for global use of #rupee, more digital bank transactions | Small finance banks want to peel off the ‘small’ label

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

Here's a snapshot of financial markets for you.

Read the #MintNewsletter: https://www.livemint.com/mint-top-newsletter/minttopofthemorning02042024.html

Here's a compilation of interesting numbers that matter!

Read the #NewsInNumbers on Mint app every weekday: https://mintiphone.page.link/Hy8V

#Oberoi #Goa #FPI #EV #AbuDhabiInvestmentAuthority #KotakAIF

#MintCharts | India announced ₹11.3 trillion worth of new projects across the country during the January-March quarter, two times higher than the figure in the December quarter, provisional data from the project-tracking database of the Centre for Monitoring Indian Economy (CMIE) showed.

However, the overall value of new projects for the fiscal year 2023-24 experienced a decline of nearly 31%, following two consecutive years of substantial growth.

Today's #MintMetric by Bibek Debroy!

#PersonalFinance | There are eight pension fund managers to choose from & one of the ways to do that is by tracking the returns.

Here is a breakdown of the performance of different funds - equity fund, government bond fund & corporate bond fund - of the private sector NPS.

#StocksToWatch | Here are top stocks that could be in focus today!

Read here: https://www.read.ht/SYd6

#PersonalFinance | Though not fool proof, a prevalent practice adopted to prevent value erosion on account of formal separation is via a trust structure.

Got a question? #AskMint

https://www.livemint.com/money/personal-finance/how-can-i-safeguard-my-wealth-amid-a-marital-dispute-11712056964910.html?utm_source=Social_media&utm_medium=Growth_Team&utm_campaign=Social_Media_all

Embattled Edtech firm Think and Learn, which owns Byju’s brand, has started another round of lay-offs via phone calls without giving the employees notice periods amid dire financial strain, reports.



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

The central government’s tax collection target of over ₹34.37 lakh crore for fiscal year 2023-24 (FY24) has been broadly met on the back of robust economic activity and improved compliance, according to a report by PTI.

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

#MintPodcast 🎙️| A new scheme to replace electoral bonds in the works

#TopOfTheMorning is a daily podcast in which we bring you all the action from the global markets and the business world to kick-start your day on a well-informed note.

Listen in 👇

https://www.read.ht/SYzI