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Yes Bank in stake sale talks to give exit to its lenders

"Banks led by State Bank of India had come in to support the reconstruction scheme. As per regulations, banks cannot remain invested in other banks," managing director and chief executive Prashant Kumar told ET in an exclusive interaction.

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%.

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"

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.

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...

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.

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.

Personal Finance 101: Essential skills for every adult

There are many important life skills you learn to master as you grow into an adult. Time management, organisation, and social skills are just a few examples.

Multibagger Stock: EV financing firm Mufin Green mulls fundraise; shares gain

Multibagger Stock: Kolkata headquartered Mufin Green Finance claims to be India's first listed NBFC with a 100 per cent focus on EV financing. Its shares have delivered a multibagger return of 165 per cent in the last one year.

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.

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...

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....

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...

Removal of indexation benefit will lead to huge inflow of black money in real estate: Raghav Chadha

New Delhi, Jul 25 (PTI) The government's decision to remove indexation benefit on sale of old property will result in huge inflow of black money in real estate and investments in the sector will go down, AAP Rajya Sabha member Raghav Chadha said on Thursday

'...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.

How much gold can you keep at home? Do you pay income tax on selling gold? Here are the rules

Gold Purchase, Storage and Tax Rules In India: The government has established rules regarding the purchase and storage of gold in India. According to these regulations, a married woman is allowed to keep up to 500 grams of gold at home.

Amendments in Black Money Act to remove penalty on undisclosed foreign assets worth ₹20 lakh: CBDT chief

Currently, if taxpayers fail to disclose a foreign asset worth ₹5 lakh, they have to pay a penalty of ₹10 lakh.

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

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.

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

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.

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

Key cities are in close proximity to prestigious educational institutions.

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 Skills To Build More Wealth Than You Ever Thought Possible

✅ Invest in private market real estate with Fundrise*: *This is an advertisement. Minority Mindset is a paid partner with Fundrise. Subscribe to Market Briefs for FREE and get my daily financial newsletter: https://briefs.co/market/jaspreet My recommended tools*! *Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube. ---------- ➤ Invest In Stocks Passively 1) 📈 M1 Finance - Buy stocks & ETFs on autopilot: https://theminoritymindset.com/m1 ---------- ➤ Life Insurance 2) 🛡 Policygenius - Get a free life insurance quote: https://theminoritymindset.com/policygenius ---------- ➤ Real Estate Investing Online 3) 🏠 Fundrise - Invest in real estate with as little as $10! https://theminoritymindset.com/fundrise ---------- ➤ Upgrade Your Career 4) 💼 CourseCareers - Get the skills to get a better career: https://coursecareers.com/a/jaspreet ---------- ➤ Buy Gold Passively 5) 👑 Vaulted - Buy physical gold on autopilot: https://theminoritymindset.com/yt/vaulted ---------- ➤ Business Accounting 6) 💸 CommonWealth - Does your business do over $250k/year? If yes, get a free consultation from my partner accounting firm: https://theminoritymindset.com/yt/accounting ---------- Recommended: What Is The Minority Mindset? "The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people" ~Jaspreet Singh Follow me: Instagram: https://www.Instagram.com/MinorityMindset Website: https://www.TheMinorityMindset.com Want More 🥑🥑? Minority Mindset Clips: https://www.youtube.com/minoritymindsetclips Minority Mindset En Español: https://www.youtube.com/minoritymindsetenespanol Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

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.

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.

Bigger than IT? Are we at the start of a financial inclusion revolution? Raamdeo Agrawal answers

Raamdeo Agrawal, Chairman of Motilal Oswal Group, expressed optimism about Nifty's valuation, economy growth, and capital market prospects. He predicted a 50 basis points drop in interest rates and a 14-15% rise in Nifty EPS by next year. He noted significant corporate profits and anticipated increased participation from FIIs. He also says the financial inclusion revolution is at the start of a decadal trend.

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.

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.

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.

Unlock Gold's Potential: 5 keys strategies for investing in bullion

Investing in gold bullion provides security against inflation and economic downturns. It offers liquidity and emotional value, making it a versatile addition to investment portfolios. Diversification, staying informed, and proper storage are crucial for successful gold investments.

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".

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.

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.

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...

Old Tax Regime: Tax-saving tips! These 7 salary components to help you save more on taxes

There are some common salary elements like basic pay, HRA and conveyance that almost all companies have in their employees' salary structure. However, there are multiple other salary components that vary from company to company.

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...

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

IREDA Share Strategy: PSU Green Energy stock available at 16% discount over all-time high; BUY?

IREDA Share Strategy: Shares of IREDA has declined significantly from its all-time high of Rs 310, and is now available at a discount of more than 16 per cent from that peak. What should investors do with the PSU Green Energy stock? Is it the right time to buy?

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

Income Tax Return: How to maximise your tax refunds while filing ITR?

Claim available deductions and exemptions to minimize tax burden in India. Sections 80C and 80D provide opportunities for tax savings. Timely filing of Income Tax Return and accurate bank account validation are essential for smooth refund processing.

Meet Mira Kulkarni: The Entrepreneur Who Turned Rs 2 Lakhs Into A Rs 10,000 Crore Business Empire

In 2000, Mira Kulkarni transformed Ayurveda from a medicinal practice into a luxury brand with Forest Essentials, starting with just Rs. 2 lakhs and two employees. Overcoming sourcing challenges and skepticism, she built a Rs. 10,000 crore empire. Her journey from homemaker to mogul exemplifies resilience and vision.

10 tried and tested ways to save money

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

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.

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.

Which financial tool is most suitable for different types of emergencies?

Sachin managed his financial emergency through an emergency fund, credit cards, and a personal loan, ensuring stability and support during unexpected job loss and relocation.

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.

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.