Manking Personal Finance Easy
Stock Market Today: Multibagger PTC Industries Shares Soar More Than 7,500% in Five Years. The investment of ₹1 lakh where investors go ₹76 lakh in five years. The stock price of PTC Industries, now trading near 11675, is up 77% year to date and 102% in the past year, giving investors multibagger returns. PTC Industries’…
A 2019 paper co-authored by Arvind Subramanian, former chief economic adviser to the Indian government, and Josh Felman, sheds light on the economic challenges India faced at the time. The authors highlighted a ‘Four Balance Sheet Challenge’, warning that the economy was heading towards an ‘Intensive Care Unit’ due to increasing financial stress. Subramanian argued…
When applying for a personal loan, an individual must meet several eligibility criteria. Some of these include age, income, credit score, debt-to-income ratio (DTI), occupation, work experience, etc. What if the loan applicant’s income is lower or credit score is lower than the bank’s requirements for personal loans? In such cases, hiring a loan guarantor…
Indian stock markets opened lower on Friday, extending losses for a fifth straight session, as foreign investors continued their selloff amid the US Federal Reserve’s hawkish stance on interest rate cuts before 2025. The Sensex opened higher at 79,335.48 against the previous close of 79,218.05, but has fallen to 78,790.70 as of 10 am, down…
China’s foreign lending has increased dramatically over the past two decades By the end of 2023, more than 25% of the world’s bilateral external debt was owed to China, making the country the largest debt collector. Twenty years ago the country rarely borrowed money; Japan lent the highest amount, followed by Germany, France, the United…
Traditionally, to get a personal loan, a borrower had to visit the bank branch to inquire about the loan and make several visits to the branch to apply for a loan. With the evolution of the financial landscape and digitalization, applying for a loan has become faster and more convenient. One such platform has an…
52-week low stock prices Today, December 20, 2024: Shares of Sanghi Industries, Creditaccess Grameen, P&G Hygiene & Health Care, Spandana Sphoorty Financial and Nestle India hit their new 52-week lows today. Nifty 50 fell by -15.9(-0.07%) points and Sensex fell by -20.07(-0.03%) points on Dec 20, 2024 10:59:57 IST. Bank Nifty fell by -241.05 (-0.47%)…
I am a domestic individual taxpayer. I bought a house for… ₹1 crore a few years ago. Now I have sold the house in 2024 for Rs 1.25 crore. What would my tax liability be for the capital gains under the new scheme? The indexed long-term capital calculated for the house is a loss, and…
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The billionaire Gautam Adani-led promoter group has increased its stake in two of the group’s listed companies as the port-to-energy conglomerate continues to work on a clawback strategy after being hit by damaging reports. The promoter group has increased stake in flagship Adani Enterprises from 69.87% to 71.93%, stock exchange filings show. This is the…
