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India Overtakes China In MSCI Emerging Markets Index: What It Means For Investors

India has recently surpassed China in the MSCI Emerging Markets Investable Market Index (MSCI EM IMI), with a weight of 22.27% compared to China’s 21.58%. This shift reflects India’s strong economic performance and increasing foreign investments. Analysts predict that this change could attract up to $4.5 billion in new investments into Indian equities, boosting the country's economic growth.

2024-09-07T10:35:54Z

Carlyle-promoted Hexaware files for Rs 9,950 cr IPO, India's biggest in IT services and enterprise tech space

US private equity giant Carlyle-promoted Hexaware Technologies has filed draft papers with Sebi to unlock value via a big-bang IPO, India's biggest ever in the IT services and enterprise tech segment. The size of the issue, a pure OFS, or offer for sale, by the parent Carlyle is Rs 9,950 crore, according to a copy of the DRHP reviewed by Moneycontrol. Carlyle couldn’t be reached for an immediate comment. On May 14, Moneycontrol was the first to...

2024-09-06T15:25:05Z

Bihar Man, Denied Jobs for Years, Takes A Loan to Start His Business; Now Earns Rs 10 Lakh Annually

The adage “where there’s a will, there’s a way” has been vividly illustrated by a local entrepreneur from Bihar’s Jehanabad district. Kundan Kumar, from Sikariya village, graduated in 2010 and spent the next 6-7 years diligently searching for employment without success. Opting to forge his path, Kumar embarked on a business venture instead.In 2020, Kumar started his paver block business with a loan of Rs 25 lakh from the Prime Minister’s...

2024-09-06T15:07:56Z

Mukesh Ambani's Reliance-Owned Stock Delivers 10,800% In Just 5 Years - Do You Have?

Mukesh Ambani's Reliance Consumer Products Limited has a 51 per cent stake in Lotus Chocolate. The acquisition was completed on May 24, 2023. Here are the details of how the share of Lotus Chocolate has given a significant return to the investors in past years.

2024-09-07T09:35:54Z

Salim Khan Says He, Javed Akhtar Were Called 'Pagal' For Asking More Money Than Actors: 'Koi Value Nahi...'

Globally, writers are acknowledged as the backbone of any successful film, but in Indian cinema, they’ve often been underappreciated. Salim Khan and Javed Akhtar, however, defied this norm. They revolutionised the industry by demanding fees on par with the top actors, proving that a powerful script could draw in audiences just as much as a star could. They became the only writing duo to achieve star status, with their names often billed...

2024-09-07T07:46:48Z

Gold ends lower in a highly volatile trade amid uncertainty over rate cuts

Gold rallied to test the all-time high soon after the release of the US NFP report as the number of jobs added fell short of forecast and continuing downward revision in the previous data portrayed a weakening job market, which increase the possibility of a rate cut by the US Fed.

2024-09-07T08:45:18Z

5 practical tips to ease the high-interest home loan burden

Securing a home loan is crucial in today's housing market but high-interest rates can be burdensome. The article provides five strategies to ease this financial strain: regularly checking interest rates, using EMI calculators...

2024-09-04T13:02:17Z

Rupee falls 4 paise to 83.95 against US dollar

The rupee declined 4 paise to 83.95 against the US dollar in early trade on Tuesday due to a stronger greenback in global markets and weak domestic manufacturing data. A decline in the domestic equity market also contributed to the drop in the local unit, forex traders said. At the interbank foreign exchange market, the rupee opened at 83.94, lower...

2024-09-03T04:56:26Z

2024-09-04T12:10:28Z

iPhone 16 and iPhone 16 Pro launch next week and their prices have already leaked

While fans eagerly await the official launch, leaks have already revealed the potential prices for both the Apple iPhone 16 and iPhone 16 Pro models.

2024-09-07T17:04:04Z

Gold Price Falls In India: Check 22 Carat Rate In Your City On September 4

Gold Rate Today In India: On September 04, gold prices in India hovered around Rs 73,000 per 10 grams. The rate for 24-carat gold, known for its highest purity, was Rs 72,760 per 10 grams. For those interested in jewelry, 22-carat gold, which is more durable due to its alloy content, was priced at Rs 66,690 per 10 grams.Meanwhile, silver was trading at Rs 85,900 per kilogram.Gold rate today in India: Retail gold price on September 04Check gold...

2024-09-04T04:25:26Z

Man duped of Rs 6 crore in gold bars by scammers; here’s how

The self-employed man received a call from scammers impersonating police officers, reports said.

2024-09-04T08:40:42Z

What Is 50:30:20 Financial Rule for Working Women? Explained

The 50:30:20 rule serves as a guiding light. By balancing immediate needs, personal desires, and long-term goals, this rule fosters a holistic approach to financial well-being.

2024-03-08T11:42:08Z

Argentina: Cash-Strapped Province Launches Own Currency Amid Economic Woes |

In the remote province of La Rioja, Argentina, a bold economic experiment is unfolding. Facing a deep recession after federal fund cuts under President Javier Milei's government, Governor Ricardo Quintela introduced the "Chacho"—a local currency aimed at keeping the province afloat. Distributed to government employees, the Chacho is accepted by local businesses and can be exchanged for Pesos after a waiting period. While the move has temporarily boosted the local economy, concerns about its long-term viability remain. Quintela's plan reflects the province’s struggle to survive in an economy teetering on the brink, sparking debate nationwide. Watch our video to learn more.

2024-09-06T03:25:00Z

What are cashback credit cards and how do they work?

Cashback credit cards offer a convenient and rewarding way to make the most out of your everyday spending. By choosing cards that align with your spending habits, you can enjoy substantial savings.

2024-08-25T12:18:12Z

4 essential tips for a successful career in investment banking

Investment banking offers a challenging and lucrative career path. This guide reveals the essential steps to build a successful career in this dynamic field.

2024-08-27T11:25:16Z

Radhika Gupta’s “Dal-Chawal” Investing Advice After Rs 2,200 Cr Scam - Here's What Edelweiss Mutual Fund CEO Said

Assam police uncovered a Rs 2,200 crore stock scam by 22-year-old Bishal Phukan, prompting Radhika Gupta, CEO of Edelweiss Mutual Fund, to advise safer investment strategies, advocating "dal-chawal" investing for stability. Assam CM Himanta Biswa Sarma also urged caution against illegal brokers offering fraudulent high-return schemes.

2024-09-07T12:36:00Z

Business News LIVE Updates Today September 7, 2024: OnlyFans owner makes $1 billion in three years from dividends

Business News LIVE Updates Today: Get real-time updates on the biggest news from the world of business, stock market and more.

2024-09-07T03:55:37Z

How are NRIs taxed in India after Budget 2024? A layman's guide

With the 2024 Union Budget introducing new changes in taxation, this guide will break down what NRIs need to know, using real-life examples and insights from tax experts.

2024-08-21T07:56:45Z

Indian Thali Gets Cheaper In August: Is Food Inflation Trending Down? | Veg Vs Non-Veg | Business @9

CRISIL: The cost of a vegetarian thali has decreased by 8%, thanks to the reduced prices of tomatoes. This brings relief and suggests that food inflation may finally be stabilizing. Keep an eye on Vijay Sardana, an expert in agri businesses, and Pushan Sharma, Director of Research at CRISIL Market Intelligence and Analytics.#foodinflation #inflation #etnow #vegetableprices #foodprices #businessnews #topnews

2024-09-06T16:37:40Z

Ganesh Chaturthi 2024 Special: 5 ways to welcome financial prosperity into your life

Ganesh Chaturthi signifies the start of India's festive season, highlighting financial reflection and growth opportunities. Consumer spending is projected to rise by 47%, with millennials leading.

2024-09-07T01:01:35Z

Samvardhana Motherson likely to raise $1 billion via QIP: CNBC-TV18

Samvardhana Motherson is likely to raise $1 billion through a Qualified Institutional Placement (QIP), reported CNBC TV18, citing unidentified sources. The QIP by the auto components maker is likely to be launched soon, and the proceeds may be utilised either for an acquisition or to reduce its existing debt, the report said. At the time of publishing, the stock was trading at Rs 192.93 apiece on the NSE, down marginally by 0.15 percent. The...

2024-09-03T06:38:22Z

Top 10 high-paying careers in India for 2050 and projected salaries – Insights from AI

Insights on the top 10 high-paying jobs in India by 2050 are based on AI chatbot responses and should be considered as preliminary guidance rather than expert analysis.

2024-09-01T19:06:22Z

7 people in your life who should not know about your savings and income

Maintaining privacy about your financial status helps protect you from exploitation and ensures that your financial decisions are based on your own priorities and values, free from external pressures or expectations...

2024-09-03T13:43:56Z

Cryptocurrency Price Today (September 5): Bitcoin Stable At $57,000, Injective Becomes Top Gainer

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $57,000 mark early Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at 34 (Fear) out of 100, as per CoinMarketCap data. The Injective (INJ) token emerged to be the biggest gainer of...

2024-09-05T06:37:04Z

NPS investment can save tax in new tax regime as well; here's how

Under Section 80CCD(2), up to 10% of the employee’s basic salary put in NPS is tax-free. This limit is higher at 14% for taxpayers like Roy who have opted for the new tax regime. Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.

2024-09-02T01:06:05Z

New credit card rules from today: Mastercard, RuPay, or Visa — Find out which network suits you best

Starting today, September 6, 2024, credit cardholders in India can choose their card network—Mastercard, RuPay, or Visa—when applying for a new card or renewing an existing one.This new flexibility comes as part of the Reserve Bank of India's (RBI) initiative to enhance customer choice and foster competition in the digital payments space.Adhil Shetty, CEO of BankBazaar.com, noted, "Choosing the right card network depends on one's personal needs...

2024-09-06T08:21:03Z

Forex Reserves Jump USD 2.3 Billion To Fresh Record Of USD 683.987 Billion

India's reserve position with the IMF was down by USD 58 million to USD 4.622 billion in the reporting week, the apex bank data showed.

2024-09-07T10:35:55Z

Semiconductor mission may Get $10billion booster shot

ISM, a division within the Digital India Corporation tasked with furthering the country’s semiconductor manufacturing, packaging, and design capabilities was first established in 2022 with a budgetary allocation of $ 10 billion. “The second phase of ISM will be launched soon; the allocation will be around the previous phase. Two more proposals are expected to get approvals,” said an official.

2024-09-07T00:48:48Z

2024-09-05T12:37:34Z

Tata Group doubles dividend and gives Chairman Chandrasekharan a 20% raise — here's why

Tata Sons chairman N Chandrasekaran’s salary saw a 20% jump in FY24, according to the annual report. The 61-year-old drew a salary of ₹135.32 crore, which included ₹121.5 crore as commission. Tata Sons is the holding company of Tata Group recorded a 74% jump in consolidated net profit at Rs 49,000 crore in fiscal 2023-24. The Tata Group's revenue for the year rose 25% from a year earlier to ₹43,893 crore, and the profit after tax increased 57%...

2024-09-07T12:52:10Z

Personal Loans: From eligibility, interest rates to the application process; all you want to know about them

Personal loans: When a sudden financial need happens to outstip your financial ability, one of the most feasible alternatives is to raise a personal loan which is an unsecured loan

2024-09-03T11:30:12Z

Linda McMahon's Net Worth 2024, Current Income, Personal Life, Political Career and More

Linda McMahon's net worth reaches $3.2 billion in 2024 due to her significant contributions to WWE and her political career. Despite stepping down as WWE CEO in 2009, she continues earning from investments and consultancy roles. Married to Vince McMahon since 1966, Linda remains influential in both business and politics.

2024-09-07T13:26:59Z

Zodiac signs who love money

Zodiac signs who love money

2024-09-04T07:07:02Z

Dollar struggles to find footing on rising bets of outsized Fed cut

The dollar weakened on Thursday amid concerns over the U.S. economy's growth outlook, leading to expectations of a significant rate cut from the Federal Reserve. The yen outperformed due to safe-haven demand and potential rate hikes by the Bank of Japan. Investors are now focused on Friday's nonfarm payrolls report for further economic insights.

2024-09-05T06:01:46Z

Income Tax: 4 key long term tax saving investment options for women investors

Explore tax-saving options for women like Sukanya Samriddhi Yojana, NSC, PPF, and insurance policies. Plan taxes early to ensure a stress-free year-end. Housewives must file returns if income exceeds exemption limit. Understand income tax slabs to maximize savings.

2024-05-28T04:30:58Z

Retirement planning: How to invest Rs 95 lakh PF money for a monthly income of Rs 1 lakh after retirement?

Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.

2024-09-06T06:37:56Z

6 Reasons Why You Should Choose Mortgage Loans in India

Discover the 6 reasons to choose mortgage loan in India, including lower mortgage loan interest rates, flexible repayment options, and tax benefits.

2024-09-06T11:55:22Z

10:1 stock split: Ex-date September 20; stock up 1638.93% in...

Stock split: A small cap stock is set to become ten times cheaper, splitting from face value Rs 10 into 10 equal units of Re 1 each. Moreover, as per BSE analytics, as of September 6, this small cap stock has gained over 5032 per cent in the last five years.

2024-09-07T05:46:46Z

Do You Have Multiple PAN Cards? Here Is A Step-By-Step Guide To Surrender Duplicate PAN And Avoid Penalty

Under Section 139A of the Income Tax Act, of 1961, an individual is allowed only one PAN. Violating this provision can attract penalties as per Section 272B.

2024-04-17T06:27:08Z

Coin Master free spins and coins for 07 September, 2024: Earn million coins using today’s links

Coin Master is a free mobile game available on Android and iOS that combines village-building with social interaction and slot machine mechanics. Players build villages, attack others, collect cards for rewards, use pets for bonuses, and gather spins to advance. Spins can be earned passively or through events and tournaments. Redeemable links provide extra spins and coins.

2024-09-07T07:12:00Z

Mukesh Ambani Stock: MULTIBAGGER! Rs 1 lakh to Rs 50 lakh in just 3 yrs

Mukesh Ambani Stock: India's largest conglomerate Reliance Industries had in May 2023 completed the acquisition of a controlling stake in Lotus Chocolate Company Limited for Rs 74 crore. Shares of the latter have turned multibagger delivering stellar returns to the shareholders. The stock is up 346% in just 3 months.

2024-09-07T12:46:43Z

Retirement Planning: How to achieve early retirement bliss? A step-by-step guide

Embarking on early retirement requires strategic planning. Diligent savings and disciplined actions are key to achieving a secure and rewarding early retirement.

2024-07-02T05:59:51Z

Is luxury losing its luster? How status symbols became commonplace

Luxury brands are increasingly common, raising questions about the true value of their exclusivity. Despite rising disposable incomes, spending on luxury items often lacks practical use and comes at the expense of long-term savings and financial stability.

2024-08-26T08:41:48Z

Latest PPF interest rate: What is the Public Provident Fund interest rate?

PPF scheme helps you to begin saving by setting aside small amounts regularly to build a corpus that will meet the goals you have set for yourself.

2024-09-07T10:08:26Z

70 Small Towns You Could Retire/Live on $1500 A Month

70 Small Towns You Could Retire on $1500 A Month Are you thinking about retirement someday? Most of us would like to but these days many of us can't. It is too expensive and we didn't invest enough into our retirement planning. Today's video might help. We did a series of this video back in 2020, the prices have changed a little but it hasn't changed so much that it isn't doable for most. Enjoy the video and don't forget the thumbs up. Do you need a local Realtor for the area you want to move to? HomeAndMoney.com can help: Use this link: https://homeandmoney.com/briggs/ Sponsorship Inquiries: [email protected] 🔶My Other Channels: 📺 On This Day: @AboutToday 🏡Suite Life For Briggs: @SuiteLife4Briggs MY OTHER SOCIALS: Facebook- https://www.facebook.com/World2briggs/ X-@World2Briggs Instagram-@world2briggs #UnitedStates

3/25/2024 7:32:07 PM

How much money should you keep in your savings account?

One of the most important aspects of managing finances is to determine how much you should maintain in your savings account. While making investments to beat inflation is necessary to achieve financial independence in the future, you should also have a steady corpus of funds to rely on in case of any financial emergencies. Factors to consider while determining how much to save in your account Consider the following factors to understand how much...

2024-03-26T11:37:55Z

10 US Towns You Can Retire on $1800 a month.

👋 Welcome to the journey towards a peaceful and affordable retirement or just an affordable life! 🌅 💼🕰 Are you pondering about where your post-work life can be both relaxing and financially sustainable? Your golden years should be comforting, enjoyable, and worry-free, especially when it comes to finances. In today's video, we're embarking on a delightful journey across the diverse landscapes of the United States, uncovering hidden gems 💎 of towns where you can lead a serene and enjoyable retirement on just $1800 a month! 📍🏠 We'll explore quaint little towns, charming villages, and vibrant, yet affordable, communities that not only offer a lower cost of living but also embrace a rich palette of culture, activities, and scenic beauty that's sure to enrich your retirement days. Great Videos: 10 Most Terrifying Swimming Spots: https://youtu.be/kIjPgwJT4BE 10 Most Naturally Beautiful States: https://youtu.be/-yKdPcB4znc 10 Deadliest National Parks: https://youtu.be/256o-MjPTqc Do you need a local Realtor for the area you want to move to? I have teamed up with HomeAndMoney.com to help you find one that suits your needs. Use this link: https://homeandmoney.com/briggs/ Join to help support this channel: https://www.youtube.com/channel/UCecPJBL6E1PVky1-gj6KH5g/join 🔶My Other Channels: 📺 On This Day https://www.youtube.com/channel/UCs9MGJ6xVKLKG_YsQkQNLjg?sub_confirmation=1 🏡Suite Life For Briggs https://www.youtube.com/channel/UCRIQ4mHp7f8cV0xiayhMSMw 🌍 Check out our WEBSITE!: https://www.worldaccordingtobriggs.com/ #UnitedStates ❤Things You should watch or listen to: 👍 Hermens Outdoors: https://www.youtube.com/channel/UCgEIwkmBTuhy6Djx6XipM3g

10/11/2023 7:51:53 PM

When do you get an income tax refund?

An assessee becomes entitled to an income tax refund when the tax they have paid exceeds what they are liable to pay in a financial year

2024-03-23T07:02:35Z

Cryptocurrency Prices on September 5: Bitcoin surges above $57,000; Ethereum and Litecoin gain up to 4%

On September 5, the cryptocurrency market experienced a modest rebound, with Bitcoin and Ethereum gaining 1.2% and 1.3%, respectively. Other major coins like Solana and Dogecoin also saw notable increases. Despite the recovery, the Fear & Greed index fell to 34, signaling cautious market sentiment.

2024-09-05T09:46:47Z