#PersonalFinance | Personal loans are a way to use tomorrow's income today, & the process involved is simple. But you must note that the interest rates are much higher than, say, for the car loan. This is because personal loans are unsecured loans.

Here are some of the lowest #personalloan interest rates offered by various banks.

Ahead of #Diwali, #Delhi CM Arvind Kejriwal on 6 November announced a bonus of ₹7,000 to all Group B non gazetted and Group C employees of government.

While addressing a press conference, CM Kejriwal said that the Delhi government has allocated ₹56 crore to provide Diwali bonus to 80,000 employees.

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

#Byju's is reportedly in advanced talks to sell its kids' digital reading platform for roughly $400 million to Joffre Capital Ltd, in an effort to relieve its financial strain, according to a report from Bloomberg.

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

Vinod Khosla, a billionaire Venture Capitalist, technologist, and one of the initial supporters of OpenAI, has outlined 10 predictions regarding the upcoming landscape of the world.

These forecasts serve as the foundation for his investment philosophy.

https://www.livemint.com/ai/vc-vinod-khosla-unveils-10-bold-predictions-shaping-our-future-one-billion-robots-ai-doctors-and-more-11699260477625.html

#MintCharts | Voting for the state assemblies of #Mizoram & #Chhattisgarh will kick off a month-long cycle that will decide the next government in five states. Voter turnout has been rising across the five states for a few elections now. In 2018, voter turnout in these five states ranged between 74% (Telangana) and 82% (Mizoram)

#PersonalFinance | From leveraging credit card discounts to combining cashback offers from coupon websites, here are smart ways to save big during this festive season's e-commerce sales.

(Shipra Singh writes)

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

#PersonalFinance | Building a portfolio is a complex exercise, and it has to be maintained too. A person's portfolio holds different types of assets based on her financial goals, and each asset class gives different types of returns, which is why portfolio must have an ideal mix of financial products. One must also 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.

The Directorate General of Civil Aviation has imposed a ₹10 lakh fine on #AirIndia for flouting norms.

The regulatory body also issued a show cause to the carrier for failing to provide appropriate protection to travellers who faced flight disruptions.

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

A New York-based software professional has revealed that they gave up a ₹1.69 crore job after the company they were working with asked them to return to office.

The techie is known to be a former employee of #Amazon. They worked as a software development manager in Amazon, which they quit upon being asked to return to office.

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

#MintCharts | #ElonMusk & #MarkZuckerberg, two influential billionaires in charge of influential social media platforms, have a history of rivalry and public bickering. The past year has not been good for Musk’s wealth and businesses. Zuckerberg’s net worth more than tripled to $109 billion, while Musk’s shrank by $9 billion to $195 billion, according to the Bloomberg Billionaires Index.

#IndiGo foresees grounding roughly 35 planes due to powder metal issues, compounding the existing upper forties out of service. This could elevate the total grounded aircraft to over 80 in the January-March quarter of FY24.

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

#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 risk.

Here is a list of banks that offer the highest FD rates for deposits up to Rs 1 crore over various tenures.

#PersonalFinance | Many gullible investors have bought Ulips instead of mutual funds due to various marketing tactics. Ulips, which have mandatory lock-in periods and poor coverages, hide the caveats in fine print, writes Sashind Ningthoukhongjam

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

#Diwali Muhurat Trading 2023: #StockMarket rules and regulations change over time, but there is one tradition that has survived for long is the six decade-old Diwali Muhurat trading.

Find out here:

https://www.livemint.com/market/stock-market-news/diwali-2023-how-should-you-trade-stocks-gold-commodities-during-special-muhurat-session-11699435632259.html

Nikhil Kamath, who has a net worth of $1 billion according to Forbes, had in July joined ‘The Giving Pledge’ – a platform comprising 240 ultra-rich individuals including Bill Gates and Warren Buffett.

https://www.livemint.com/companies/zerodhas-nikhil-kamath-names-three-bengaluru-entrepreneurs-who-inspired-him-to-donate-majority-of-his-wealth-11699438867852.html

Indian commerce minister #PiyushGoyal will meet Tesla chief #ElonMusk in the United States next week as the two sides look to advance the U.S. carmaker's plan to enter the South Asian market, sources familiar with the plans said.

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

A BTech graduate from Uttar Pradesh used the professional networking platform, LinkedIn, to secure the highest-ever package of her college.

Muskan Agrawal of Indian Institute of Information Technology (IIIT) Una, secured a job as a software development engineer with an annual package of ₹60 lakh, reports.

https://www.livemint.com/news/india/who-is-muskan-agrawal-indias-top-women-coder-who-bagged-rs-60-lakh-job-offer-from-linkedin-11699450475107.html

#MintCharts | The latest official jobs data shows that the share of self-employed has risen in the country. The rise in the self-employed category has worryingly been driven by those identified as “unpaid helpers in household enterprises", who made up 18.3% of the workforce in 2022-23, up from 13.6% in 2017-18.

Check out today’s Plain Facts that dissects the latest Periodic Labour Force Survey (PLFS) report.

#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 | #IPO anchor investments by #mutualfunds are not major wealth strategies but rather learning opportunities. Judging a fund's performance solely based on these limited exposures can be misleading, Akshat Rohatgi writes

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

#IndiGo may have to ground planes to the number of around mid-thirties due to the powder metal issue on its Pratt & Whitney fleet, bringing the total grounded planes to over 80 in Q4FY24

(Ameya Joshi reports)

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