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Source: Live Mint Oil prices dropped approximately $4 per barrel on Monday after Israel’s retaliatory strike against Iran over the weekend left oil and nuclear facilities untouched, avoiding disruptions to energy supplies. By 1445 GMT, Brent futures had fallen by $4.13, or 5.43 per cent, to $71.92 per barrel, while U.S. WTI crude futures were…
Source: Live Mint Wall Street stocks climbed on Monday ahead of Big Tech earnings and the final phase before the November 5 US presidential election. As of 10 am Eastern time, the Dow Jones Industrial Average rose 298.63 points, or 0.71 per cent, to 42,413.03, the S&P 500 gained 27.49 points, or 0.47 per cent,…
Source: Live Mint With each passing day, innovations in the financial landscape continue to emerge. One such innovation is contactless credit cards, designed to make transactions quicker, more convenient, and easier. What are contactless credit cards? Contactless credit cards are one of the latest advancements in the credit card landscape. As the name suggests, they…
Source: Live Mint Food and grocery delivery giant Swiggy is set to raise ₹11,300 crore through its initial public offering (IPO), which will open for public subscription on November 6. The price band of the upcoming IPO will be priced in the range of ₹371 to ₹390 each, according to PTI report. The IPO will…
Source: Live Mint Recently, the capital markets regulator, Securities and Exchange Board of India, proposed changes to make it easier for individuals to become registered investment advisors (RIA) for individuals looking to get advice on their personal finances. SEBI has done this, presumably, with the objective of encouraging more professionals to seek out the RIA…
Source: Live Mint Every bank needs to maintain a balance between the credit card rewards offered to customers and profitability. The balance ensures the rewards program can be provided to customers on a sustainable basis in the long term. Banks like HDFC Bank and Axis Bank have restructured the benefits on their credit cards in…
Source: Live Mint Indian FMCG stocks have emerged as the worst performers in October so far, primarily due to a combination of factors that have negatively impacted investor sentiment. The disappointing performance in the September quarter has raised concerns among analysts and investors as many leading FMCG companies reported results that fell below expectations, prompting…
Source: Live Mint The festive season is a time for celebration, joy, and togetherness. It’s a time to shower loved ones with gifts, decorate your home, and indulge in delicious food. However, it’s also a time when it’s easy to overspend. Therefore, before you go trigger happy with your credit card spends, remember to do…
Source: Live Mint Diwali 2024 Stock Picks: The Indian stock market has enjoyed a remarkable run in Samvat 2080. The Nifty 50 has gained 25 per cent since last Diwali despite headwinds such as stretched valuations, sticky inflation, geopolitical tensions and elevated interest rates. The biggest reasons for the rise of the Indian market are…
Source: Live Mint You never know when a financial emergency might arise. Personal loans are one of the most preferred forms of debt during such times due to their versatility and diverse uses. Here are three reasons why you might consider taking a personal loan: Home renovation Building a house is just the beginning; every…
