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Source: Live Mint Donald Trump’s potential return to the White House is expected to intensify global trade tensions, fueling geopolitical crises and likely pushing gold prices higher. Gold has already delivered a robust return of around 21 per cent year-to-date, significantly outperforming benchmarks like the Nifty 50, BSE Sensex, and Bank Nifty, as well as…
Source: Live Mint Mutual fund investment: As we enter 2025, the growing preference for Systematic Investment Plans (SIPs) in the Indian mutual fund industry continues to gain momentum. The mutual fund industry had an incredible year in 2024, fuelled by a thriving market and rising investor confidence, despite the volatility of the equities markets. Because…
Source: Live Mint CTC vs in-hand salary: Are you familiar with your pay scale? Why does take-home pay differ from cost to company (CTC)? Why do you receive less than what is depicted on the poster? Understanding the elements that comprise your earnings, such as your gross income, Cost to Company (CTC), and take-home pay,…
Source: Live Mint The Reserve Bank of India (RBI) recently allowed the users of prepaid payment instruments (PPIs) to access UPI services via third party applications. This is seen as a commendable move which will give a massive boost to the digital payment ecosystem in India. In order to understand this, let us first understand…
Source: Live Mint Income Tax (I-T) department released a statement recently saying that the taxpayers must e-verify their return as soon as they can. This is because an income tax return (ITR) is not considered valid unless it has been verified. The tax department’s message pointed out that taxpayers can still e-verify your IT return…
Source: Live Mint Before you invest in a mutual fund, it is natural to evaluate its past returns and compare the same with its peers in the same category. Although past returns do not guarantee a scheme’s future returns, they give an indication of a mutual fund scheme’s growth potential. Besides the absolute returns, investors…
Source: Live Mint How to become rich: Anyone can become rich; all it takes is knowing how to increase your wealth and be consistent. You can see your wealth increase over time by making wise investments, managing your money well, and consistently reinvesting your money. Developing wise financial practices as we move into 2025 might…
Source: Live Mint Every year, India’s salaried class eagerly awaits relief in income tax. This year, the middle class is also penning all their hopes for FM Nirmala Sitharaman, when she presents Budget 2025 on February 1. According to a Reuters report, the government is actively considering tax relief for the middle class, particularly earning…
Source: Live Mint Investors like to chase returns because a higher return would mean a higher corpus. But is investing in a top-performing fund the only way to build a higher corpus? Well, not necessarily. Besides, it is practically impossible to always remain invested in a top-performing fund, because top performers change from time to…
Source: Live Mint When raising a personal loan, lenders often urge the borrowers to opt for loan insurance. This is to make sure that any unforeseen circumstance does not prevent the borrower from clearing the loan obligation. Difficulty in loan repayment could arise due to unemployment, disability or even the borrower’s demise. Although it is…
