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News and analysis from the world of business and finance.

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#PersonalFinance | #Scapia offers a lifetime free (LTF) #creditcard in partnership with Federal Bank that earns rewards on most purchases and lets you redeem the accumulated rewards towards hotels and flight tickets through its mobile application.

Read here: https://www.read.ht/RXH4
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#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.
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A newly-formed unit of #Reliance's Viacom18 will reportedly absorb #Disney's Star India through a share swap deal in January as per the discussions, according to a report.

A newly-formed unit of Reliance's Viacom18 will reportedly absorb Disney's Star India through a share swap deal in January as per the discussions.

Read here: https://www.read.ht/RXIY
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India has one of the strongest #hiring sentiments in the world over the next three months, with 37% of businesses planning to increase their staff levels in response to strong domestic demand, a report has stated.

Read here: https://www.read.ht/RXN6
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#PersonalFinance | Global trends are slowly turning optimistic, including early signs of foreign investors making a comeback in domestic markets. All these are major factors that will drive upward movement going forward.

Got a question? #AskMint

https://www.livemint.com/money/which-mutual-funds-will-do-better-after-the-polls-11702312656867.html
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Serum Institute of India (SII) CEO #AdarPoonawalla is all set to buy the most expensive house of London.

According to media reports, the house in London bagged the title of being the most expensive house in 2023 and is worth β‚Ή1446 crore.

Read more: https://www.read.ht/RXOF
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First-time MLA #BhajanlalSharma to be the next Rajasthan chief minister.

The BJP picked Sharma as Rajasthan’s new chief minister, ending days of speculation that followed its victory in the assembly polls.

Read more: https://www.read.ht/RXPb
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India's consumer price index (#CPI)-based inflation rose to 5.5% in November 2023 - at the fastest pace in three months, due to a surge in food prices, according to the Statistics Ministry.

Read more: https://www.read.ht/RXRK
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#MintCharts | India’s #retailinflation rose to a three-month high in November due to higher food prices.

The Consumer Price Index (#CPI)-based #inflation stood at 5.5% in November, up from 4.87% in October and 5.02% in September, according to data released by the ministry of statistics and programme implementation.
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Today's #MintMetric by Bibek Debroy!
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#MintPremium | In the last 3 years, many new green investment startups have offered diverse solar project investments involving limited liability partnerships (LLPs), even as some are exploring newer models using securitized debt instruments (SDIs).

Read here: https://www.read.ht/RX3y
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#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 β‚Ή1 crore over various tenures.
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#VishnuDeoSai today took oath as the Chief Minister of Chhattisgarh.

Former Chhattisgarh CM & BJP leader Raman Singh announced the name of Vishnu Deo Sai as the next CM of Chhattisgarh during BJP legislature meeting in Raipur on Sunday

Read more: https://www.read.ht/RXdU
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#MintCharts | A survey by YouGov India revealed that scams involving the sale of fake goods online and fake jobs are common, with 27% of urban Indians falling victim to online shopping frauds.
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#PersonalFinance | Investments in mutual fund SIPs have helped many people to buy their dream homes, despite the high prices.

(Sashind Ningthoukhongjam reports)

Read more: https://www.read.ht/RXua
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#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
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#MintCharts | As many as 54% of urban Indians said they were targeted by scammers through calls, messages or emails at least once a week, and 30% said they received such communication daily, according to a recent survey by YouGov India.

The survey was conducted online in November, with over 1,022 respondents from more than 180 cities.
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Today's #MintMetric by Bibek Debroy!
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#PersonalFinance | #LICJeevanUtsav has a premium payment term (PPT) of 5-16 years.. The deferment period will range from three to six years. It means, in case the PPT is 5 years, the guaranteed income will be given from the 11th policy year onwards.

In case of 10 years or 16 years of PPT, the pay-outs will start from the 13th & 19th policy years, respectively.

Read here: https://www.read.ht/RY6V
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