#MintCharts | The average home loan outstanding per borrower has been increasing in all cities. In Mumbai, the most expensive property market in India, the amount stood at Rs 33.4 lakh, showed RBI data. Bengaluru is in the second spot with an outstanding loan amount of ₹28.3 lakh in March 2022.

#PersonalFinance | A house is probably the biggest spend for most Indians. And with urban population increasing manifold, buying a house in a large city, which is where most jobs are likely to be, has become difficult - the main obstacle being cost.

Determining a property's value is difficult. Our compilation of property prices of prominent localities in major cities & surrounding areas across India may help you compare and make a informed decision.

Here are the prices of some properties across three bands.

Oil Marketing Companies (OMCs) increased the prices of commercial #LPG cylinders by ₹100 in various locations throughout the country.

It is to be noted that this marks the second price hike for commercial LPG cylinders in the past two months. The hike will come into effect from November 1.

Read more: https://www.livemint.com/market/commodities/lpg-cylinder-price-surged-by-rs-100-check-details-here-11698808700214.html

#MintCharts | Lively consumption patterns and increased spending are typical characteristics of India’s annual festival season. After the trend took a hit during the pandemic years, a rebound was expected in 2023. But the festive spending cheer has not materialized yet, suggests the latest consumer survey by pollster Axis My India. A majority of respondents to the survey said they were planning to spend less than the previous year.

#PersonalFinance | #TriggerSIPs offer investors the flexibility to time their investments— certain market conditions act as triggers that activate or deactivate investments. We delve into the limitations of Trigger SIPs and why these may not always be the ideal investment strategy.

(Akshat Rohatgi writes)

Read more: https://www.livemint.com/money/personal-finance/how-trigger-sips-can-affect-your-investment-strategy-11698854752421.html#:~:text=Trigger%20SIPs%20offer%20investors%20the,falls%20by%20a%20certain%20level

#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

Chairman of HCL Technologies #ShivNadar retained the title of ‘India’s most generous' for the third straight year as he donated ₹2,042 crore during the fiscal year 2022-23, as per EdelGive Hurun India Philanthropy List 2023.

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

Government agencies have warned that pollution levels could worsen in #Delhi-NCR over the next few days as the smoky haze blanketed the national capital on Thursday due to a surge in farm fires and unfavourable weather conditions. #DelhiAirPollution

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

#SamBankmanFried has been found guilty on all seven counts related to fraud and money laundering. He is the co-founder & former CEO of crypto exchange #FTX & trading firm Alameda Research.

A New York jury convicted him of fraud in a scheme that cheated customers and investors of at least $10 billion.

Read more: https://www.livemint.com/market/cryptocurrency/ftx-co-founder-sam-bankman-fried-found-guilty-of-fraud-and-money-laundering-11698972355615.html

#PersonalFinance | Futures & Options (F&O) trading has surged in popularity, prompting tax considerations. Tax authorities view F&O earnings as business income. Traders debate whether to file under section 44AD using ITR-4 or opt for ITR-3, paying taxes at individual slab rates and allowing for capital gains declaration. Aprajita Sharma finds out the details.



Read more: https://www.livemint.com/money/personal-finance/which-itr-form-should-you-use-to-report-f-o-income-11698943561029.html#:~:text=The%20way%20out%20is%20to,trading%20income%20in%20ITR%2D3

#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.

#SaudiArabia has expressed interest in buying a multibillion-dollar stake in the Indian Premier League, international cricket’s most lucrative event, following a string of investments that have upended professional sports including football and golf.

Read here: https://read.ht/QykW

Arvind Fashions said it will sell its beauty brands division, which retails products of LVMH-owned beauty chain @Sephora, to billionaire Mukesh Ambani's retail unit #RelianceRetail for 990.2 million rupees ($11.89 million).

Read here: https://www.read.ht/Qym5

Tesla founder and social media platform X chief Elon Musk's artificial intelligence startup #xAI is all set to release its first AI model to a select group on 4 November, news agency Reuters quoted the billionaire as saying on 3 November.

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

#BreakingNews | An #earthquake of magnitude 6.4 stroke in #Nepal on 3 November, news agency ANI quoted National Center for Seismology as saying.

Strong tremours felt in #Delhi were also felt. As per initial details, the earthquake hit at a depth of 10 km and it occurred at a latitude of 28.84 N and a longitude of 82.19 E.

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

#AI firms will build principles, but it won’t be easy: Mamedi | Founder convicted of fraud in #FTX crash | #IndiGo logs ₹189 cr Q2 profit

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

At least 128 people were killed and over 100 injured as rescuers searched mountain villages after a strong earthquake of 6.4-magnitude #earthquake hit #Nepal.

Officials added that the toll was expected to rise, noting that communications were cut off in many places.

Read more: https://www.read.ht/Qz0p

#Q2Results | #BankofBaroda has reported a net profit of ₹4,252.9 crore for Q2FY23. This is higher than the anticipated ₹3,921 crore, as per a poll.

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

#Q2Results | #SBI reported 8% YoY jump in the net profit as it grew from ₹13,264.5 crore in Q2FY23 to ₹14,330 crore in the quarter under review.

The NII jumped 12.3% compared to the same period last year, reaching ₹39,500 crore.

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

In an interaction with Hindustan Times Editor-In-Chief R Sukumar, Jaishankar said, “I feel that there is room for diplomacy here. I know that my counterpart in Canada has also expressed that same position. So, we have been in touch. My hope certainly would be that we find a way." #HTLeadershipSummit

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

Investors will eye a host of stock market triggers in November's second week including the ongoing second quarter results of current fiscal (Q2FY24), domestic and global macroeconomic data, foreign capital inflow, and global market cues.

https://www.livemint.com/market/stock-market-news/week-ahead-q2-results-fii-activity-us-market-performance-global-cues-among-key-market-triggers-this-week-11699117721422.html