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News and analysis from the world of business and finance.

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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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#BreakingNews | Bhartiya Janata Party's first-time MLA #BhajanlalSharma took oath as Rajasthan Chief Minister in Jaipur.

The swearing-in ceremony will also see deputies Diya Kumari and Prem Chand Bairwa take the oath.

Read here: https://www.read.ht/RYcd
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India can improve its rating if the country significantly reduces its fiscal deficit, as per S&P's APAC Managing Director Kim Eng Tan. S&P Global Ratings currently rates India as 'BBB-' with a stable outlook.

Kim said it is India's fiscal performance that is a critical factor in this assessment, as per a Moneycontrol report.

https://www.livemint.com/economy/indias-s-p-rating-at-bbb-the-agency-says-upgrade-possible-only-after-fiscal-deficit-cut-11702613707733.html
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#AdaniGroup has acquired a 50.5% stake in newswire agency, #IANS India Pvt Ltd for β‚Ή5.1 lakh, further consolidating its presence in the media sector, according to a regulatory filing.

Read more: https://www.read.ht/RZHy
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Amazon founder #JeffBezos has reportedly invested $42 million to construct a clock that would last for 10,000 years.

According to a report, the monumental timepiece will be designed by computer scientist and inventor Danny Hillis, and is being built inside a mountain in West Texas.

Read here: https://www.read.ht/RZ7E
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December is here and so is the holiday season. But that also means that all tourist spots are going to be crowded and unaffordable.

So instead of going to touristy spots, visit these 8 destinations if you want to beat the tourist trap this winter.

https://www.livemint.com/news/trends/holiday-travel-plan-dont-go-to-goa-visit-these-spots-to-beat-tourist-trap-this-winter-11702793008971.html
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In 2023, significant transformations have shaped United States visa policies, impacting various categories such as H-1B, EB-5, & student visas (F, M, J). The changes are valid throughout all embassies across India.

Here is all that you need to know about the new regulation:

https://www.livemint.com/news/world/big-us-visa-rule-changes-in-2023-how-united-states-tweaked-regulations-for-h1b-eb5-f1-visa-holders-11702629176905.html
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Today's #MintMetric by Bibek Debroy!
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#MintCharts | As India’s leading share index sails past another numerical milestone, the country is the most richly valued among major markets.

On an average annual basis, the Indian market, as represented by all stocks on the National Stock Exchange, crossed a market cap-to-GDP ratio of 100% for the first time in 2020-21. It is now 111% of estimated 2023-24 #GDP, an all-time high.
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#BreakingNews | ED summons Delhi CM & AAP national convener #ArvindKejriwal once again for questioning in connection with Delhi Excise Policy matter.

The agency has asked him to appear before them on 21st December.

Read here: https://www.read.ht/R1DB
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#MintCharts | The share of economic offences among all reported offences in the country reached an all-time high in 2022, as per latest data released recently by the National Crime Records Bureau (NCRB). Among major cities, Jaipur and Lucknow had the worst incidence of economic offences adjusted for population, shows the data.

Check out today’s Plain Facts for more such interesting insights.
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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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In the ongoing #IPL2024Auction, Australia's star bowler #MitchellStarc became the most expensive player to be sold with a price of β‚Ή24.75 crore to Kolkata Knight Riders. His base price was just β‚Ή2 crore.

Read here: https://www.read.ht/R10j
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