Edelweiss Mutual Fund MD & CEO Radhika Gupta has once again reiterated her concerns regarding investments in cryptocurrency noting the risks associated with investing in a sector that isn't well-regulated while hoping that the examples of Binance and FTX will be a strong reminder for people.

https://www.livemint.com/market/cryptocurrency/what-is-not-well-regulated-is-not-investment-worthy-edelweisss-radhika-gupta-on-perils-of-investing-in-crypto-11700626445845.html

#MamaearthQ2Results | #HonasaConsumers net profit doubles to ₹30 crore in first results post listing, revenue up 21%

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

#Mint20BestFunds | We have hand-picked 20 #mutualfunds for your portfolio that have jumped through hoops of good returns, low risk, good portfolio hygiene & our own qualitative research.

We have restricted the choice universe to 10 categories out of the total 37 & given you at least two options to pick from each.

Software giant #Adobe has acquired Bengaluru-based AI startup ‘Rephrase.ai’, an #artificialintelligence-driven video creation platform.

The information was shared by Rephrase.ai's cofounder Shivam Mangla on his official X handle.

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

#PersonalFinance | Whether one opts to invest in the top 50–100 firms or chooses to diversify and stand apart from the crowd, what shapes one’s portfolio is their investment approach.

https://www.livemint.com/money/personal-finance/investing-right-the-difference-your-approach-can-make-to-your-portfolio-11700673020417.html#:~:text=The%20approach%20has%20a%20number,changing%20market%20conditions%20and%20opportunities.

#PrakashRaj has been summoned by the ED for questioning in connection with a money laundering case linked to an alleged ₹100 crore ponzi and fraud case against Tiruchirapalli-based Pranav Jewellers.

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

#MintCharts | #ITC topped the healthiness rankings by Access to Nutrition Initiative (ATNI), among Indian food and beverage companies. This is followed by Hindustan Unilever, Nestle India, PepsiCo India and Coca-Cola India.

However, ATNI, a global non-profit that measures private sector accountability for nutrition, noted that the average healthiness scores of these companies has remained unchanged from its 2020 findings.

#PersonalFinance | The worsening air quality has implications— dire consequences for people facing respiratory issues, say experts. Not only do they have to bear medical expenses but also make drastic changes in the way they live, work or stay - writes Aprajita Sharma

Read here: https://www.read.ht/RL3t

#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.

‘Technology will not replace humans!’ said billionaire philanthropist #BillGates who believes that it could allow a three-day work week.

He shared his thoughts while talking to South African comedian and writer #TrevorNoah on his podcast 'What Now'

Read here: https://www.read.ht/RL8X

#WarrenBuffett’s #BerkshireHathaway or BH International has exited listed fintech company #One97Communications (#Paytm’s parent) in an open market transaction, bulk deals’ data published by bourses shows.

The firm has booked a loss of ₹507 crore on its total investment in Paytm made five years ago.

Read more: https://www.read.ht/RM3u

#BestoftheWeek, 25 November | Board vs founders, election spending, and duty-free alcohol, here's a look at Mint's best works from the week gone by

(Shashwat Mohanty writes)

https://www.livemint.com/weekend/mints-best-of-the-week-why-do-we-write-11700797439201.html

No extension required in #Adani probe, #Sebi tells SC | #Rupee falls 6 paise, hits record low of 83.40 | #RBI seizes Abhyudaya Bank


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

Conduct thorough research to understand the true value of the company against its market price, says Jitesh Agarwal, Founder, Treelife.

In an interview with MintGenie, Agarwal said that investors must regularly review their mutual fund holdings.

https://www.livemint.com/money/personal-finance/overvaluation-in-ipos-is-surely-a-concern-says-jitesh-agarwal-of-treelife-11700816999206.html

India’s #space economy is estimated to soar to $40 billion by 2040. Union Minister Jitendra Singh, overseeing Science and Technology, Atomic Energy and Space, has shared these projections.

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

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

Here are some of the lowest personal loan interest rates offered by various banks.

#PersonalFinance | Bajaj Finserv recently launched a BAF that invests in both equity and debt. Bajaj's chief investment officer Nimesh Chandan spoke to Sashind Ningthoukhongjam to offer insights into their new offering, and the investing strategy moving forward. Take a look

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

#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 September

#MintChartBeat | Mid-and small-cap stocks continue to outperform larger peers, but returns have taken a bit of a breather. A key concern here is that most of the mid- and small-cap stocks may have run ahead of their fundamentals.

Thus, sustaining the outperformance would hinge on earnings improvement. Further, before the general elections if market sentiment is hit, correction can be steep.

#MintCharts | The pain on the expenses front appears to be subsiding for corporate India, shows a Mint analysis of 3,559 #BSE-listed companies.

The combined total expenses of the firms in the sample, as a per cent of revenues, dropped nearly 650 bps in the last one year, while declining 73 bps since the June quarter. Employee expenses have remained almost stable the previous four quarters, at an average 8.5% of revenue.

#MintCharts | Global central banks, including those in the US, UK, EU, India, and Japan, are expected to maintain their current interest rates in December due to persistent inflation concerns, contributing to a prolonged period of higher interest rates. Despite some softening, inflation has not yet stabilised at the levels targeted by these central banks.

Read today’s Plain Facts to get up to speed on the key global economic data that’s worth your attention.