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Source: Live Mint As the Year 2024 is set to end in a few days, investors are expected to avoid repeating the mistakes they made in the past. Some investors tend to rebalance their portfolio to enter the New Year with a fresh energy and vigour. The idea behind rebalancing is to leave the past…
Source: Live Mint Blame it on geopolitical tensions, global economic weakness, or elevated interest rates, among other factors, but the Indian stock market saw significant volatility in the calendar year 2024. Sample this: Between March and June 2024, the equity benchmark Nifty 50 remained rangebound, fluctuating between 22,339 and 22,821 levels, advancing by barely 500…
Source: Live Mint Faced with the rapid proliferation of digital technologies and an ever-increasing millennial/Gen Z customer base, major banks across the US and Europe reduced their physical branch network over the last decade. While the underlying thought process did influence strategic thinking globally, Indian banks bucked the trend. Instead, they focused on branch expansion,…
Source: Live Mint Carraro India Ltd IPO: The issue opens for subcription on 20 December 2024. Here are 10 key things to know from the RHP 1.Carraro India IPO; Key dates The subscription period for the Carraro India IPO begins on December 20, 2024, and ends on December 24, 2024. On Thursday, December 26, 2024,…
Source: Live Mint This is the time of the year to submit proof of investment with your employer in order to claim tax exemption. If you fail to do so, you may miss out on your tax saving. Although you have perhaps already intimated your company’s HR about the amount of investments that you made…
Source: Live Mint We are a 75-year-old couple holding a mediclaim policy of ₹4.5 lakh from a PSU insurer. The coverage has remained unchanged for the last 10 years and has been in continuation for the last 30 years without any claim. There has been no illness or disease. My wife has asthma problem due…
Source: Live Mint Senores Pharmaceuticals IPO: The initial public offering (IPO) of pharma company Senores Pharmaceuticals Ltd is set to hit Dalal Street on Friday, December 20. The company plans to raise a little over ₹582 crore from the primary markets. Senores Pharmaceuticals is a manufacturer of a range of pharmaceutical products primarily for the…
Source: Live Mint A credit card can be used for several purposes, and the option of buy now and pay later makes it an attractive financial tool for covering expenses. Credit cards can also be used to make utility payments. Utility payments refer to essential costs that recur every month. They include expenses such as…
Source: Live Mint Various credit cards come with numerous features and benefits. Some of these include instant discounts, cashbacks, reward points, airport/railway lounge access, BOGO offers on movie tickets, various memberships, etc. A segment of credit card holders uses them for the cashbacks they provide. Looking at the popularity of this segment, banks have launched…
Source: Live Mint ITC, a leading multi-industry conglomerate, has garnered significant attention following its announcement to demerge its hotel business, set to take effect on January 1, 2025. The decision, made public on December 17, 2024, has stirred the market, especially after receiving strong shareholder support earlier this year. As ITC prepares for this major…
