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Essential steps and considerations for individuals looking to embark on a career path in finance

For several reasons, the number of people showing intent toward job change in the financial sector has increased tremendously.E

2024-09-13T08:28:20Z

UK Aug inflation at 2.2% as BoE considers rates

British inflation remained steady at 2.2% in August, matching July's rate. However, services sector inflation, closely monitored by the Bank of England, increased to 5.6%. The central bank had anticipated a slight rise in overall inflation and is set to announce its latest interest rate decision on Thursday.

2024-09-18T06:35:07Z

Anil Ambani breathes sigh of relief as his company pays over ₹3300 crore debt

Reliance Infrastructure reduced its standalone external debt from ₹3,831 crore to ₹475 crore. The company's shares rose 7% to ₹252.15.

2024-09-18T06:30:46Z

Why is investing in a luxury watch a Value beyond time

A luxury watch is not only a personal reward but also a sign of respect and admiration. It's a statement that goes beyond words, subtly communicating one’s accomplishments and refined taste.

2024-07-07T07:22:20Z

Yen, emerging markets to see biggest impact of Fed cut in Asia

Investors are split on whether the Fed will kick off its easing campaign with a standard 25 basis point cut or a larger one. A half-point reduction may raise doubts about the health of the US economy, outweighing any enthusiasm about a stimulatory effect from the cut.

2024-09-18T02:37:08Z

Stocks Under 100: Suzlon Energy To NHPC, 5 Stocks Have Given Up To 200% Return In Last 1 Year

Stocks Under 100: The stock market has been bullish for the past 2-3 years, investors who have selected stocks wisely, are either consolidating a multi-fold profit or have already booked profit and planning reinvesting. People often buy stocks with lower prices - Stocks under Rs 50, Stocks under Rs 100. The lower cost allows investors to buy more stocks, which attracts them. The other thing that attracts investors is the return on investment,...

2024-09-18T06:06:14Z

2024-09-17T17:03:00Z

Dollar rebounds after Fed goes big on rate cut

The U.S. dollar rose broadly on Thursday, recovering from an earlier tumble in the immediate aftermath of the Federal Reserve's outsized interest rate cut that had been largely priced in by markets. The U.S. central bank on Wednesday kicked off its monetary easing cycle with a larger-than-usual half-percentage-point reduction that Chair Jerome Powe...

2024-09-19T01:03:17Z

Planning to retire in 10 years? Know how a Rs 23000 monthly investment can help you in your retirement

Retiring early within next 10 years is a challenging yet achievable goal. We tell you how to calculate the required retirement corpus based on current expenses, expected post-retirement life, and inflation. We also outline investment strategies, including SIPs and mutual funds, to accumulate the necessary funds for a secure early retirement.

2024-09-14T00:41:21Z

2024-09-18T22:30:12Z

​8 reliable income sources for achieving financial stability​

​Explore eight distinct paths to generate income, each offering unique opportunities to enhance your financial stability. Whether you seek passive revenue or active engagement, there's an option tailored for you.​

2024-09-11T00:32:29Z

Spot power prices tumble, as trade volumes rise

Prices also edged lower at a time when power generation decelerated 4.7% on year to 155 billion units (BU) in August 2024.

2024-09-18T18:53:50Z

Mutual Funds: How to become a crorepati with the 15x15x15 investing rule?

The 15x15x15 formula, though catchy and easy to remember, has its flaws and limitations when it comes to SIP investing. Before embracing this seemingly attractive investment strategy, it's important to recognize its drawbacks and take a broader perspective on where to allocate your funds.

2024-06-05T05:56:01Z

Man Spends $1,000,000 Building Three Amazing Houses | by @NikosPropertyShow

Experience firsthand how Nick from Niko's Property Show brings this ambitious project to life with a $1 million budget to construct three stunning American-style houses. Join us in this video as Nick guides us through every step of the construction process, from laying the foundations to adding the final touches of landscaping and furniture. Explore the defining features of this style of home, leaving no detail unnoticed. We hope you find inspiration and enjoyment in this remarkable project! NIKO'S PROPERTY SHOW Instagram: https://www.instagram.com/nikospropertyshow/ Youtube: https://www.youtube.com/channel/UC7ZaYMcgRKE-mfofDvfUrNA Tiktok: https://www.tiktok.com/@nikospropertyshow Facebook: https://www.facebook.com/nikospropertyshow Shop: www.nikospropertyshow.com Email: [email protected] Other: https://twitter.com/NikoProperty Disclaimer: Quantum Tech HD is not affiliated with the businesses whose products are shown in this review. Any trademarks depicted are the property of their respective owners.

2/11/2024 4:00:28 PM

How can I plan for Rs 2 lakh monthly income after 15 years with 4 years of aggressive investing?

Building a corpus that provides a steady monthly income requires careful planning and realistic financial assumptions

2024-09-13T03:48:25Z

India's productivity gains persist as the rupee looks to be undervalued, not overvalued

The stability of the rupee's exchange rate has led to a debate on whether it is overvalued or undervalued. While some measures suggest overvaluation, others indicate undervaluation. Adjustments for productivity growth and macroeconomic balance approaches imply the rupee may be undervalued by around 6%, easing concerns about its impact on the economy.

2024-09-18T17:54:02Z

Swiggy IPO: Madhuri Dixit invests ₹1.5 crore, picks up stake ahead of market debut, says report

Madhuri Dixit and Innov8 founder Ritesh Malik have acquired shares worth ₹3 crore in Swiggy from the secondary market before its IPO.

2024-09-18T13:36:11Z

Foundation for a robust pensioned society

A pensioned society would allow the government to consider making changes to labour laws, where the absence of a social security network has held back reforms.

2024-09-18T23:44:00Z

FOMC Meeting Rate Cut: All eyes on Federal Reserve chief Powell today

The day for the US Fed pivot has arrived as the world's largest central bank is set to cut rates for the first time in four years.

2024-09-18T06:30:46Z

Stock market: Sensex, Nifty at fresh all-time high. Which sectors are soaring?

Indian stock market hits record high despite early losses. Sensex rises by 182.37 points to 83,262.03, while Nifty gains 46.30 points to 25,464.80.

2024-09-18T05:45:29Z

Oil prices steady, with investors focusing on Fed decision

Oil prices steadied on Wednesday after recent gains, as investors await the U.S. Federal Reserve's anticipated interest rate cut. Prices were supported by potential Middle East violence and U.S. supply disruptions post-Hurricane Francine. The market also expects U.S. oil purchases for the Strategic Petroleum Reserve.

2024-09-18T02:04:59Z

Living on Single Income: Strategies for financial stability in one-earner households

With the increasing shift in family structure, financial stability is crucial. With meticulous planning and disciplined budgeting, one can achieve this.

2024-05-09T13:15:27Z

Top 10 countries with the largest gold reserves in 2024—check India’s rank

With the Reserve Bank of India (RBI) adding gold every month in 2024, India has one of the largest gold reserves globally. Read on to find out where does it stand in the Top 10 list.

2024-09-18T11:46:35Z

Bitcoin crosses $60,000 following US Fed rate cut

Bitcoin experienced a notable increase after the Federal Reserve lowered borrowing rates for the first time since the onset of the COVID-19 pandemic over four years ago. This move has helped cryptocurrencies gain mainstream traction.The US central bank reduced its benchmark interest rate by half a percentage point, with projections from the two-day meeting indicating that a slight majority—10 out of 19 officials—support lowering rates by at...

2024-09-18T19:41:03Z

10 simple hacks to boost your savings game

Tired of watching your hard-earned cash dwindle? Struggling to make ends meet on a tight budget? We've got you covered with 10 simple yet effective tips to help you save more and spend less. From tracking your expenses to cutting back on unnecessary costs, these strategies are designed to give your finances a much-needed boost. 1. Track Your Spending: The first step to saving money is understanding where it goes. Keep a detailed record of all...

2024-09-17T05:44:13Z

Wealth tech firm Centricity targets Rs 120-cr top line in FY25

Centricity will also expand its distribution network to 120 cities from 27 at present, hire 40-50 private bankers for its UHNI vertical and expand its tech team to 150 employees from 75.

2024-09-19T00:38:51Z

Sovereign Gold Bonds 2016-17 Series IV: How Much Investors Earned From Early Redemption? Check Here

SGB 2016–17 Series IV and SGB 2019–20 Series IV became available for early redemption on September 17, 2024. On September 17, 2019, the SGB 2019–20 Series IV was released with an issue price of Rs 3,890.

2024-09-18T11:10:19Z

2024-09-17T12:00:33Z

Cryptocurrency Price Today (September 18): Bitcoin Rises Above $60,000, Nervos Network Becomes Top Gainer

Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to rise above the $60,000 mark early Wednesday. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of minor gains and dips across the board as the overall Market Fear & Greed Index stood at 38 (Fear) out of 100, as per CoinMarketCap data. The Nervos Network (CKB) token emerged to be...

2024-09-18T05:42:42Z

Financial services startup Kaleidofin raises $13.8 million funding from Rabo Partnerships, others

Kaleidofin has secured $13.8 million in equity funding led by Rabo Partnerships, with participation from existing investors. The funds will help expand its lending portfolio and enhance technology and risk services. Kaleidofin provides financial solutions to low-income customers and businesses in India's informal economy, facilitating over $2.7 billion in loans since 2020.

2024-09-18T09:23:43Z

Public Provident Fund: How much corpus can Rs 12,500 monthly investment in PPF make over 15 years?

PPF investors can avail tax deduction benefits of up to Rs 1.5 lakh. PPF investment falls under the EEE (Exempt-Exempt-Exempt) category, which means you can enjoy tax benefits on deposits, interest earned and maturity amount.

2024-09-12T04:26:21Z

2024-09-16T11:56:55Z

Jewellery stocks TBZ, Motisons Jewellers and 4 others soar up to 55% in Sep so far: What’s powering the rally?

Shares of Tribhovandas Bhimji Zaveri (TBZ) jumped 54% in September so far, while those of Motisons Jewellers, PC Jeweller, Senco Gold, Kalyan Jewellers, and Thangamayil Jewellery have jumped 47%, 36.35%, 18%, 16%, and 10% during the same period.

2024-09-18T06:10:54Z

Paytm shares cross Rs 700 for the first time since January. More room to rise?

Before today, the last time Paytm traded above Rs 700 was in late January, closing at Rs 761.

2024-09-18T10:08:36Z

For the Cost of a Year's London Rent, They Built This Amazing Tiny House!

If you're living in a big city and watching your income fade away into a giant black hole of rent, then this story is for you! This week we meet Lizzie and Patrick, an inspiring young couple who built their very own, incredible tiny house for the equivalent cost of just one years rent in London city! And the home is beautiful too. Stunningly designed and easily accommodating the couples needs, this home has provided both Lizzie and Patrick with a lot more than just a secure roof over their heads. It's also given them the ability to save money and focus on the things that are truly important to them in life. We hope you enjoy the full tour of this couple’s amazing DIY tiny house! You can follow Lizzie and Patrick’s tiny house adventures on Instagram: @thetimbernest and Lizzie’s artwork at @lizziewheelerart and www.lizziewheeler.co.uk If you enjoy our show and would like to help support our work, please consider supporting us on Patreon: https://www.patreon.com/livingbig Our Socials: https://linktr.ee/livingbig Find out more about this tiny house and others on our website: https://www.livingbiginatinyhouse.com/ Please subscribe for more videos on tiny houses, architecture, DIY, design, and sustainable, off-grid living. Presented and Produced by: Bryce Langston Camera: Rasa Pescud & Bryce Langston Editing: Sarah Binder & Rasa Pescud Title music in this video by Bryce Langston: http://www.youtube.com/brycelangston 'Living Big in a Tiny House' © 2023 Zyia Pictures Ltd #tinyhouse #tinyhouseuk #tinyhousetour

10/13/2023 7:00:29 PM

Sin tax: Harnessing a puff and a peg for wealth creation

As the financialisation of India’s savings continues on its path, particularly after demonetisation, the reality is that a large section of India’s population is still outside its ambit. An overwhelming majority hasn’t yet made its first mutual fund (MF) investment. Spending, on the other hand, has always been robust. India is plagued by poor saving habits and neglect of personal health. These problems are deeply intertwined with our desire for...

2024-09-17T04:14:09Z

Net direct tax collection grows 16% annually to ₹9.95 trillion up to 17 Sep

So far, individuals and businesses have paid ₹4.36 trillion in advance tax, showing a 23% jump from the year-ago period.

2024-09-18T17:58:49Z

NPS Vatsalya Calculator: Rs 10k to Rs 11 crore corpus by 60? Modi govt scheme - How to open account

Modi Govt Scheme NPS Vatsalya Calculator: The savings-cum-pension scheme allows partial withdrawals for education, medical treatment, and more before the subscriber turns 18 years of age. It can be done after 3 years of joining NPS and the account holder can take out up to 25 per cent of contributed amount.

2024-09-18T11:30:41Z

'I get excited about 40 rupees coupons on Zomato': Edelweiss MF's Radhika Gupta on her spending habits

Radhika Gupta, CEO of Edelweiss Asset Management, is widely recognised as a leading figure in India's financial sector, overseeing assets worth over Rs 1 lakh crore. Despite her professional accomplishments and a personal net worth of approximately Rs 41 crore, Gupta has shared that her financial habits remain deeply influenced by her upbringing and middle-class values. In a recent podcast, Gupta spoke about her modest spending preferences,...

2024-09-18T06:43:02Z

Rs 1 lakh mutual fund SIP can be the new status symbol: Radhika Gupta of Edelweiss Mutual Fund

Radhika Gupta, CEO of Edelweiss Mutual Fund, suggests that with India's financialization, the new measure of wealth should be the size of one's monthly SIP book. She envisions young people proudly discussing their SIP investments rather than properties.

2024-09-18T06:38:54Z

NPS Annuity: Do Employees Get Back 40% of Their Investment?

Since the introduction of the New Pension Scheme (NPS) in 2004, replacing the old pension system (OPS), confusion and skepticism have persisted among employees. A common concern involves the 40% of retirement funds used to purchase an annuity under the NPS. Many employees mistakenly believe that this portion of their money is not returned, raising doubts about the scheme’s benefits.The NPS is structured with a clear pension system. Employees...

2024-08-29T15:23:00Z

5 charts that may affect the Fed interest rate decision

Inverted Yield Curve: The yield curve, which is the difference between the 10-year yield and 2-year yield, has been the most prominent indicator of a recession in the US. When the 2-year yield is higher than the 10-year yield, it shows that people want more payout from US Treasury Bills due to the risks of an economic slowdown in the near term. This phenomenon is called an 'inverted yield curve'. But in early September, the yield curve finally...

2024-09-18T02:02:25Z

2024-09-18T16:00:04Z

What Affects Your Business Loan Interest Rate? Check Key Factors Here

Funding is crucial for most businesses to thrive or maintain operations. One can get a loan through equity, debt, or other sources, with many organisations turning to business loans to meet their needs. To determine a business's loan eligibility, lenders evaluate various factors and set the interest rate. Here are some critical criteria lenders use to decide on the interest rate for business loans. Credit Score: Lenders, including banks and...

2024-09-14T06:56:01Z

Mankind Pharma to consider fund raise on September 24

Mankind Pharma said on September 18 that its board will convene next week to consider a proposal to raise funds through the issuance of securities. The board meeting is scheduled for September 24, where they will deliberate on raising capital through non-convertible debentures, commercial papers, or other forms of debt or equity securities. "The Board of Directors of the Company will be held on September 20, 2024, inter-alia to consider and...

2024-09-18T02:44:31Z

Senior Citizen Savings Scheme: Eligibility Criteria, Interest Rates, And Tax Benefits Explained

Senior Citizen Savings Scheme: The Senior Citizen Savings Scheme (SCSS) is a government-backed savings initiative designed to provide financial security to senior citizens in India. Available through Post Offices and authorised banks, the SCSS offers regular income, tax benefits, and guaranteed returns, making it a popular option among retirees. SCSS offers a reliable savings option for senior citizens, providing a secure and steady income...

2024-09-18T10:42:48Z

Sahara small depositors get some relief as govt raises refund limit to ₹50,000 from ₹10,000. Details here

So far, the government has released ₹370 crore to 4.29 lakh depositors of Sahara Group of Cooperative Societies through the CRCS-Sahara refund portal.

2024-09-18T15:21:08Z

Gold jumps to record high after US Fed delivers 50 bps rate cut

Gold prices reached an all-time high after the U.S. Federal Reserve cut interest rates by 50 basis points, weakening the dollar. Spot gold rose to $2,592.39 per ounce, while U.S. gold futures settled at $2,598.60. Investors are now awaiting comments from Fed Chair Jerome Powell for further policy direction.

2024-09-18T18:52:21Z

7 investment lies you might be believing and how to avoid them

This is a big one! Investing can actually be quite straightforward. There are options available that allow you to get started with just a little money, and you don't need to be a financial expert.

2024-03-16T09:52:26Z

Gold Rates Today: Check Latest Gold Price In Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Jaipur, Lucknow, Patna And Other Cities

Gold Rates Today: The gold rates in different cities of India keep changing every morning, so checking it every day would help you in value buying. Gold is a precious metal and it is not only purchased as jewellery but it is an investment instrument as well. The prices of gold vary for categories of gold like 18 carats will have a lower price than 22-carat gold, and similarly, 22 22-carat gold will have a lower price than 24-carat gold. The...

2024-09-18T04:21:12Z