Business

Paytm shares surge 10% after government approval for payments arm investment

Paytm share sugre: Beleaguered fintech major Paytm's parent One97 Communications witnessed a significant boost in its share price, surging 10 per cent to an intraday high of Rs 509.05 apiece on the NSE, following news of government approval for a crucial investment in its subsidiary, Paytm Payment Services. This approval, confirmed by Financial Ser...

India Gold, Silver Prices Fall Nearly 5% On Budget Day Following A Cut In Basic Custom Duty

Gold Prices Today: Yellow metal trades higher on low yields after US Fed's preferred inflation gauge lifts rate cut bets

Spot gold was up about 1% to $2,386.99 per ounce by 10:17 a.m. ET (1417 GMT), after hitting its lowest since July 9 on Thursda

SC to examine illegal money lending business by people with "Shylockian attitude"

New Delhi, Jul 26 (PTI) The Supreme Court has decided to examine and lay down law to check unlicensed money lending business in India for rescuing hapless borrowers who are driven into a debt trap by moneylenders having "Shylockian attitude"

Income Tax: How can you escape paying tax on ₹10 lakh in annual income?

For income up to ₹10 lakh, the old tax regime is generally more beneficial in terms of tax savings. This is because it provides a wider range of exemptions and deductions.

Foreign investors take out ₹10,000 crore from Indian stock market after Budget. Here's why

As per stock exchange data, FPIs sold equities worth ₹2,975 crore on July 23, another ₹5,130 crore on July 24 and ₹2,605 crore on July 25.

ITR filing 2024: How many times can you change your tax regime in a financial year?

Tax regimes: The Income Tax Department offers individuals the opportunity to select their income tax regime for a given financial year. The frequency of switches permitted depends on your profession or specific criteria set forth by tax regulations.

US inflation rises moderately in June

The personal consumption expenditures (PCE) price index nudged up 0.1% last month after being unchanged in May, the Commerce Department's Bureau of Economic Analysis said on Friday. In the 12 months through June, the PCE price index climbed 2.5% after rising 2.6% in May.

'...people in their 20s... doing F&O...' Edelweiss's Radhika Gupta's sharp take

Radhika Gupta, CEO of Edelweiss Mutual Fund, raised concerns about young investors funding their lifestyles through risky trades. Highlighting the Economic Survey 2023-24, she urged action against this trend, citing its dangers to individuals and the economy.

Who should switch from old to new tax regime after Budget 2024? Here's the math

New income tax slabs in new tax regime: The income tax slabs under the new tax regime has been changed in the Budget 2024. The new income tax slabs will come into effect retrospectively from April 1, 2024. Now, there may be some individuals who are still paying their taxes under the old tax regime. Does it make sense for them to switch to new tax regime now?

India Is The Largest Economy That Is Likely To Do Well Over Next 5-10: Bank of America | CNBC TV18

Tata group's market capitalisation surpasses $400 billion, boosted by TCS and Tata Motors

Tata Group became the first Indian conglomerate to race past a combined valuation of $400 billion on Friday. The salt-to-software group has 26 companies listed on the bourses, and they have added a whopping $100 billion over the last year.From June lows, the aggregate market capitalisation of the group has increased by 15.4%, which stood at $401 billion (₹33.6 lakh crore) as of Friday’s close.With a market capitalisation of $190 billion, Tata...

Paytm shares surge 10% to hit upper circuit. Here's why

Shares of One97 Communications Ltd, the parent company of Paytm, surged by 10% to reach the upper circuit limit.

Gold futures rise Rs 328 to Rs 67,790 per 10gm

New Delhi, Jul 26 (PTI) Gold prices on Friday rose Rs 328 to Rs 67,790 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand

Fake billing scams worth over ₹5K crore unearthed: Cheema

Punjab finance, planning, excise and taxation minister Harpal Singh Cheema on Friday said that an investigation by the state tax department’s enforcement wing has uncovered fake billing scams worth thousands of crores.

RBI Tells Banks To Hike LCR As Deposits Get Withdrawn Faster | CNBC TV18

Studying in Australia: What is the cost of living in Down Under?

Key cities are in close proximity to prestigious educational institutions.

Smart Money | A plan for your lifestyle

Change your mindset to fit your shifting financial needs, rather than trying to fit your lifestyle into rigid rules to realise your financial dreams

Bitcoin surges 4% to over $67,000 ahead of Trump's speech at Bitcoin Conference in Nashville

At 12:30 am IST, Bitcoin (BTC) was trading 4.3% higher at $67,060, while Ethereum surged over 3% to $3,265. Meanwhile, the global cryptocurrency market cap rallied by 3.53% to around $2.4 trillion in the last 24 hours.

Packers QB Jordan Love ties record for NFL's highest-paid player with massive contract

Jordan Love's four-year, $220 million contract extension ties him with Joe Burrow and Trevor Lawrence for the title of the NFL's highest-paid player.

How To Improve Your Credit Score: 7 Strategies for Success

If you want to buy your first home or if you want to purchase an investment property you're going to need to increase your credit score. I'll show you the best strategies for getting a high credit score so you can get closer to financial freedom. 🤝Get a FREE custom Real Estate Game Plan from Kris’ Team https://www.kriskrohn.com/invest-now ============================================================ ✅ SUBSCRIBE SUBSCRIBE SUBSCRIBE ✅ https://www.youtube.com/user/REInvestorTV?sub_confirmation=1 ============================================================ Partner with Kris Krohn 🤝 Got Money or Retirement Savings? Partner with Kris on Deals: https://www.kriskrohn.com/partnering Invest In the Things I Invest In. Join My Investor's Club! https://www.kriskrohn.com/investing-yt-a Free Books 💰 Get Kris’ FREE REAL ESTATE BOOK on Back-Yard Investing 'Strait Path'💰 https://www.kriskrohn.com/straitpathfree-yt-b Get Kris’ Book "HAVE IT ALL" https://www.kriskrohn.com/freehaveitall-yt Reach Every Goal–Get Kris’ FREE Limitless Book https://www.kriskrohn.com/limitlessfreebook Upcoming Events Join us at Real Estate Wholesaling Event in Provo, UT https://www.kriskrohn.com/rei-wholesale-workshop?el=Channel&hcategory=proferty&htrafficsource=youtube-organic&utm_campaign=proferty&utm_content=Channel&utm_medium=organic_social&utm_source=Youtube Other 🤝Get a FREE custom Real Estate Game Plan from Kris’ Team https://www.kriskrohn.com/invest-now Learn How to Make Millions Wholesaling Real Estate https://www.kriskrohn.com/startwholesale-yt 🎤 Attend one of Kris’ life-changing events https://www.kriskrohn.com/kris-events-b Learn Kris’ Lease Option System--FREE Game Plan Consultation http://www.limitlessmentor.com/TV PS: Save Kris’ phone and text him anytime you have questions: +1 (385) 217-3477 📹 BE ON A KRIS KROHN YOUTUBE EPISODE ================ Record your questions on video, and join me in a future episode: http://bit.ly/2yO78c7 📞 QUESTIONS ABOUT PRODUCTS, CONTACT SUPPORT [email protected] 📲 CONNECT WITH KRIS: ================= Podcast https://www.kriskrohnshow.com Instagram https://www.instagram.com/kriskrohn/ Facebook https://www.facebook.com/MentorwithKris Twitter https://twitter.com/kriskrohnmentor LinkedIn https://www.linkedin.com/in/mentorwithkris Youtube Channel https://www.youtube.com/user/REInvestorTV TikTok https://vm.tiktok.com/HQYU1v/ Blog http://blog.kriskrohn.com Audible http://rdrurl.com/kriskrohnaudible Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this document. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms. See full disclosures here: https://www.kriskrohn.com/epicdisclosure NO INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Kris Krohn is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle. DISCLOSURE OF FINANCIAL RELATIONSHIP Mr. Krohn has a financial interest in EPIC Insurance Services, LLC (EPIC), a licensed insurance brokerage agency incorporated in New Jersey, and is compensated by EPIC. See full disclosures here: https://www.kriskrohn.com/epicdisclosure #KrisKrohn #RealEstateInvesting #MoneyMindset

Cryptocurrency Price Today: Bitcoin Climbs Above $66,000, AAVE Becomes To Gainer

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to recover from its losses as it rose above the $66,000 mark for the first time this week. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — mostly saw minor gains and losses across the board as the overall Market Fear & Greed Index stood at 59 (Neutral) out of 100, as per CoinMarketCap data....

10 tried and tested ways to save money

Discover tried and tested methods to save money effectively and build a more secure financial future...

Deepika Padukone: With a net worth of Rs 500 crore, here's a look into the 'Kalki 2898 AD' actress

Renowned Bollywood star Deepika Padukone, known for her roles in ‘Jawan,’ ‘Fighter,’ and ‘Kalki 2898 AD,’ boasts a net worth of Rs 500 crore. As one of the top taxpayers in the industry, her wealth is fueled by substantial film earnings, diverse brand endorsements, strategic investments, and a notable real estate portfolio.

India's forex reserves hit record high of $670.86 billion

The Reserve Bank of India data showed on Friday that foreign exchange reserves rose for a third straight week, hitting a lifetime high of $670.86 billion as of July 19. The reserves climbed by $4 billion this week, after rising by a total of $14.9 billion in the prior two weeks.Changes in foreign currency assets are caused by the RBI’s intervention as well as the appreciation or depreciation of foreign assets held in its reserves.Foreign...

Mutual Funds: 5 important factors that you must check before investing

Mutual funds offer a potent avenue for wealth accumulation, but it’s crucial to educate yourself before making investments.

Sensex surges 1,293 points as FPIs snap selling spree

Across-the-board buying lifted the sensex by 1,293 points (1.6%) on Friday which closed at 81,333 points, less than half a percentage point off its all-time high mark. Rally in global markets, along with strong quarterly numbers for most of the domestic companies boosted investor sentiment, brokers and analysts said.On the NSE, Nifty gained 429 poi...

Why so many Gen Zers and millennials have 'money dysmorphia' — even if they are financially better off than they realize

A financial therapist said Gen Z and millennials have "pervasive" anxiety about their wealth, even if they're financially secure.

Thailand plans to give $275 cash handouts to 50 million low-income citizens

Thailand plans to spend $13.7 billion giving cash handouts to 50 million people in a bid to stimulate its economy.

Karnataka man's satire video on how to save 100% income tax is viral

A Karnataka man posted a satirical video, explaining how salaried individuals could save 100 per cent of income tax by "growing and selling grass to their employers".

The Black Day for Gold: How Rs 10 lakh crore wealth got destroyed in a single day

The pen is known to be mightier than the sword, and Finance Minister Nirmala Sitharaman proved it in one fell swoop. By announcing a cut in gold customs duty in the Union Budget 2024, gold prices tumbled over five percent, wiping off over Rs 10.7 lakh crore in value in a single day. When compared to the equity markets, this move caused the sixth largest wealth erosion recorded so far. More importantly, the wealth destruction is likely to have...

Kapil Sibal Presents 'Hard Facts' To Modi Govt In Rajya Sabha: '83% Of Indian Youth Is Unemployed'

New Delhi, July 26 -- Kapil Sibal takes the government to task over India's growing unemployment crisis and inadequate educational policies. Highlighting alarming statistics, Sibal reveals that 80% of Indian youth are unemployed, with most stuck in the unorganized sector. He warns that despite the critical need for AI to maintain industry competitiveness, the very sectors providing maximum employment may no longer do so. Sibal also criticizes the government for failing to allocate the promised 42% of resources to states, instead providing only 32%.

Right time to be investing in factor funds, says Edelweiss MF’s Bharat Lahoti

When it comes to factor investing, a multi-factor approach works best, said Edelweiss Mutual Fund’s Bharat Lahoti. “Incorporating quality, value, growth, and momentum helps capture business cycles over time and manage risks associated with any single factor's underperformance,” said Lahoti, Co-head, Factor Investing. As of May 2024, Edelweiss MF’s factor-based investing AUM is around Rs 14,000 crore. In a conversation with Moneycontrol, Lahoti...

The Rock 2024 net worth, WWE salary & more

Dwayne 'The Rock' Johnson, starting his WWE career in 1996, has achieved Hollywood success and amassed a net worth of around $800 million. Currently, he is under a $30 million deal with TKO Holdings. He also engages extensively in charitable activities. His car collection includes supercars and hypercars, showcasing his immense success.

An economist outsmarted the lottery and won 14 jackpots. He explains the math

In an era where the odds of winning the lottery are akin to being struck by lightning, one man defied the near-impossible. Romanian economist Stefan Mandel, with the backing of a dedicated syndicate and strategic acumen, managed to clinch 14 lottery jackpots across the globe. Mandel's journey began with a fundamental understanding of lottery mechanics. "Theoretically, anybody can buy all the possible combinations. Any high school boy or girl can...

New bank money transfer rules from November 1, 2024: All you should know

With a focus on banking services and payment systems, the Reserve Bank of India (RBI) recently released a new framework on Domestic Money Transfer (DMT) for regulated enterprises. This framework includes tougher Know Your Customer (KYC) record criteria.

Fixed deposits: Can you double your money in 10 years by investing in FDs? Check rates of these 6 banks to find out

The rule of thumb is that longer the tenure, higher the rate of interest. So, when you want to maximise your earnings, you are advised to stay invested for a long period of time.

THIS NBFC Penny Stock Hit Upper Circuit for Third Consecutive Session

Penny Stocks 2024: ​​​This marks a year-on-year (YoY) increase of 11.20 per cent in total income and a 19.75 per cent rise in total revenue.

Gold prices fall Rs 5,000/10gm post custom duty cut: What it means for buyers

This price drop has caught the attention of both investors and buyers as the cut in customs duty has made gold imports less expensive.

Chandrababu Naidu's white paper shows why Andhra Pradesh's per capita income fell below Telangana's

Andhra Pradesh Chief Minister Chandrababu Nadu on Friday released a white paper detailing financial irregularities attributed to the previous YSR Congress Party regime. “The debt on the state’s exchequer as on 31.03.2019 was Rs 3,75,295 crore whereas the debt on the state’s exchequer as on 12.06.2024 stands at Rs 9,74,556 crore,” Nadu said the state legislative assembly. According to The Hindu, the white paper suggested that more than 99% of the...

10 Degree Subjects Most Likely to Make You a Billionaire

Becoming a billionaire isn't certain, but certain college degrees can set you up for careers where you could make loads of money. Here are 10 degrees that are often connected to billionaires:

Rs 3.5 Lakh Net Worth Makes You Richer Than 50% Of The World: Study

To be in the top 10 per cent of the world’s population, you may not need as much money as you think. According to the Credit Suisse Research Institute’s 2018 Global Wealth Report, you don’t even need six figures.A net worth of $93,170 (Rs 77,98,110) is enough to be richer than 90 per cent of people in the world, reports Credit Suisse. The institute defines net worth, or “wealth,” as “the value of financial assets plus real assets (mainly real...

Last date to buy today! Naukri, Deepak Nitrite among 11 stocks to trade ex-dividend on Monday

Info Edge declared a Rs 12/share dividend for eligible shareholders in May, to be credited by September 5. In the past year, total dividends amount to Rs 19, including Rs 9 in July and Rs 10 in November 2023.

Breaking the cycle: How to stop money worries from affecting your mental health?

Financial stress is a common struggle that can affect anyone, leading to unhealthy coping mechanisms. It is crucial to recognize the signs of financial stress and take proactive steps to manage finances effectively.

Telcos pay Rs 1.1K cr for spectrum

Bharti Airtel acquired the maximum airwaves, spending Rs6,857 crore. It bought a total of 97 MHz spectrum in the 900 MHz, 1800 MHz and 2100 MHz bands.

Mutual Fund Investment: 10 Essential Tips for Sustained Portfolio Growth

I​nvesting in mutual funds may prove profitable if done correctly and with informed selections. Understanding your goals, analysing your options, and sticking to a diligent investment approach will help you establish a strong portfolio and achieve your financial goals.

2:1 Bonus, 10:1 Stock Split: FMCG Major Sarveshwar Foods to Raise Funds Via Warrants

The company in a regulatory filing informed the exchanges that its board has approved the proposal to raise funds over Rs 24 crore by preferential issue of fully convertible warrants.

Property Holders Alert! I-T Department Issues BIG Clarification on Old Property Sale

The department also provided an example to explain the calculation of capital gains tax for properties bought before 2001.

Kalki 2898 AD Box Office Collection Day 29: Prabhas-Amitabh Bachchan Film Surpasses Rs 1100 Crore Mark Worldwide

Kalki 2898 AD Box Office Collection Day 29: Nag Ashwin's directorial venture has taken over the box office worldwide and entered the Rs 1100 crore club in just 29 days. Read on!

Taxes increased because…: Finance Minister Nirmala Sitharaman opens up on Budget 2024

Finance Minister Nirmala Sitharaman is still open to comments and suggestions on the budget, however now the finance bill is the property of Parliament, she says.