#PersonalFinance | Mint’s research shows that staying in an #Airbnb in most of the popular travel destinations in India and abroad can save you about 10-30% of the costs compared to booking a 3-star hotel offering similar amenities.

Read here: https://www.read.ht/Ql1x

#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.

#India, currently the world's fifth-largest economy, is on track to surpass Japan & become the third-largest global economy, with a projected GDP of $7.3 trillion by 2030, as per the latest report from S&P Global Market Intelligence.

Read here: https://www.read.ht/Ql3f

#MintCharts | As temperatures plummet and the air gets dense, poor air quality is back on everyone’s mind. Delhi has now got used to welcoming the winter with dystopian smoggy scenes, and an episode of slow wind conditions has triggered a decline in air quality over the past week. However, historical data suggests the air quality has largely been better this year in the national capital.

#MintEmergingMarketsTracker | Launched in Sept 2019, Mint's Emerging Markets Tracker provides a summary of economic activity across 10 large emerging markets based on seven high-frequency indicators. With a composite score of 79, India topped the EM league table in Sept

#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.

#PersonalFinance | China-focused funds have experienced significant volatility in recent months, with declines of 13-19% since Jan. So, should investors stay put in hopes of a recovery or look elsewhere? Jash Kriplani finds out.

Read more: https://www.livemint.com/money/personal-finance/volatility-and-weak-performance-of-china-focused-funds-raise-concerns-for-indian-investors-11698159665204.html#:~:text=For%20now%2C%20Chinese%20funds%20can,stronger%20bearing%20on%20Chinese%20markets

In August this year, the #GST authority imposed a 28% tax on online #gaming companies on the total funds deposited to play online games.

Last week, Delta Corp received a GST notice for short payment of tax to the tune of ₹6,384 crore, taking the overall tax demand on the company to over ₹23,000 crore.

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

IT major Tech Mahindra reported a 61.1% year-on-year (YoY) fall in Q2FY24 consolidated net profit at ₹505.3 crore.

In the same quarter last year, the company's net profit was ₹1,299.2 crore.

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

India has announced plans to resume #visa services for certain categories amid a diplomatic crisis with #Canada.

The High Commission in Ottawa said that it would restore services for entry, business, medical and conference visas with effect from October 26.

Read here: https://www.read.ht/Qm19

#MintCharts | India’s top listed companies appear to have a growing problem of retaining talent. While attrition is high for both men and women in some sectors such as IT, BFSI, median attrition rate stood at 19% for women in 2022-23, higher than 16.6% for men.

Today's Plain Facts explores resignations at India Inc.

#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

#PersonalFinance | #InvITs is calculated by dividing the distributed income per annum by the current market price. An investor can continue to earn the yield at the time of investment if the cash flows for the company & distributions are sustained in the future years - ✍writes Akshat Rohatgi

Read more: https://www.livemint.com/money/personal-finance/how-invits-can-add-yield-to-your-investment-portfolio-11698251892284.html#:~:text=The%20yields%20from%20InvITs&text=It%20is%20calculated%20by%20dividing,sustained%20in%20the%20future%20years

#RelianceJio has announced a partnership with California-based #Plume to deliver smart home and small business services to its nearly 200 million subscribers across India, leveraging Plume's cloud platform.

Read more: https://www.livemint.com/companies/news/reliance-jio-partners-with-plume-to-deliver-ai-enhanced-in-home-services-11698294344460.html

#India has ranked third among the countries with the most #fintech unicorns in the world in 2023, with the US and UK retaining the top two positions globally.

While US is home to 134 unicorns and produces the most value in terms of fintech, UK took second place with 27 fintech unicorns and India secured the third position with 17 fintech unicorns in 2023 so far.

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

The Income Tax Return (ITR) filed by individual income taxpayers increased by 90% in last nine years to 6.37 crore in AY 2021-22. The number of #ITRFilings consistently increased among individual taxpayers.

Read here: https://www.read.ht/QoF9

#MintCharts | With winter arriving, #airquality is starting to get worse. It is not a new problem for #Delhi. Now, #Mumbai is also witnessing high pollution, with the city recording the worst October air since 2019.

#PersonalFinance | #NRIs tend to earn better than their peers in India. Considering #GST refund & a few discounts, they can buy a decent life and health cover at affordable rates. The benefits thereabout could be much higher than the premium paid - ✍ Aprajita Sharma

Read more: https://www.livemint.com/money/personal-finance/why-nris-should-secure-their-lives-with-indian-insurance-11698343290563.html

#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.

#RelianceJio has introduced #JioSpaceFiber, India's first ever satellite-based giga fiber service.

This service has been showcased at the India Mobile Congress, offering high-speed broadband connectivity to unreachable areas within India.

Read more: https://www.livemint.com/technology/tech-news/reliance-jio-unveils-jiospacefiber-indias-first-satellite-based-gigabit-broadband-service-for-nationwide-access-11698381881010.html

#MarutiSuzuki India reported a standalone net profit of ₹3,716.5 crore in the quarter ended September 2023.

The company’s net profit jumped by a robust 80.28% as compared to ₹2,061.5 crore in the same quarter last year.

#Q2Results

Read more: https://www.livemint.com/companies/company-results/maruti-suzuki-q2-results-net-profit-jumps-80-on-year-to-rs-37165-11698394712738.html