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News and analysis from the world of business and finance.

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#MintDataBytes | Which country offers the most affordable iPhone 15?

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A special court here on Thursday granted bail to #YesBank co-founder #RanaKapoor in a money-laundering case linked to alleged financial irregularities at the bank.

He, however, would not walk out of jail at present as he has not been granted bail in a related case registered by the Central Bureau of Investigation.

Read more: https://www.read.ht/R23B
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The prices of commercial cooking gas (#LPG) were reduced by β‚Ή39.50 per 19-kg cylinder today, aligning with the decline in international benchmarks.

Read more: https://www.read.ht/R252
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#AirIndia set to induct first of long-haul A350s today | #FPI monthly flows hit 3-yr high in December | Govt asks PSBs to review top IBC cases

Read today's Mint e-paper here: https://epaper.livemint.com
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Bhavish Aggarwal, the founder of #OlaElectric, is set to sell around 47.4 million shares in the SoftBank Group-backed e-scooter maker, as per the company's preliminary draft papers filed with SEBI on December 22.

Read more: https://www.read.ht/R2mr
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India has reported 752 #COVID19 cases in the past 24 hours, the highest since May 21, 2023, according to Union Health Ministry data updated on Saturday.

The active cases have increased to 3,420, while the country's overall Covid case tally stood at 4.50 crore (4,50,07,964)

Read more: https://www.read.ht/R2qD
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Building wealth in India is not about spotting #multibaggers. You have to spread your money across stocks & assets & avoid mistakes over the course of your investing life. This can only be done if you have the right knowledge.

This Mint collection puts together our in-depth stories on a range of #personalfinance topics, including investing ideas, #mutualfunds, early #retirement, how to spot risks, #finfluencers & more.

Read on: https://livemint.com/topic/best-of-mint-money-in-2023
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The Best of Mint Long Story | Our finest narrative journalism pieces from this year.

Read on: https://www.livemint.com/topic/best-of-long-story-2023
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IT major #Infosys announced that the company has terminated its $1.5 billion agreement with an undisclosed global company, focused on #artificialintelligence (AI) solutions, signed in September.

Read here: https://www.read.ht/R3dE
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#MintCharts | It was a resilient year for mutual funds. The industry’s assets under management (AUM) climbed to a new peak of β‚Ή49 trillion in November.

Equity funds led the growth, with their AUM rising to β‚Ή22.2 trillion by November amid bullish market sentiment and strong inflows.
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In the movies, snow and Christmas seem to go hand in hand. And if you are sitting in warmer climes, these heartwarming movies make you wish, β€˜Let it snow, let it snow, let it snow!’ β˜ƒοΈ ❄️

The season of such holiday magic is here & we would be amiss if we don’t share money lessons learnt from holidays that make you spend, spend, and spend some more! 🎁

https://www.read.ht/R4XM
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#Layoffs2023 | #Paytm's parent company, One 97 Communications, has made the decision to terminate more than 1,000 employees across various departments as part of a broader cost-cutting strategy, as per reports.

The development comes after Vijay Shekhar Sharma, CEO and founder of Paytm, while sharing his to-do list ahead of the New Year, called out for suggestions from users for the fintech app.

Read here: https://www.read.ht/R4Xr
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JUST IN | #Disney & #Reliance signed a non-binding agreement for Indian media operations merger, according to a report by ET.

Read here: https://www.read.ht/R4ZX
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#PersonalFinance | A home loan 🏑 is probably the biggest loan that one takes. Not only in terms of the loan amount, but also tenure which can be 15 years or more. The total final amount that one pays can be double what was borrowed.

But a home loan is among the cheapest loans available & usually, it is the only way a person can buy a house.

Here's a look at the lowest home loan interest rates of some leading banks.
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#MintCharts | India's push towards higher capital expenditure in the previous two Union budgets has brought investment back in focus.

So far, the government has taken the lead on investing, but the envisaged capex of private corporations increased in FY2021-22 and FY2022-23, as per the RBI survey.
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Today's #MintMetric by Bibek Debroy!
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#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 70, India topped the EM league table in November. Brazil & Mexico were second & third, respectively.
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#PersonalFinance | Melting the gold is the standard practice followed by most jewellers, especially big reputed brands, to check purity of ornaments bought from other jewellers, even if you have a purchase bill.

Melting gold may result in a slight reduction in weight of your gold due to removal of dirt, colouring or loss of metal in the process, Shipra Singh reports.

Read here: https://www.read.ht/R5X3
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