Manking Personal Finance Easy
The GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state colleagues, will meet on February 18. “The 49th meeting of the GST Council is scheduled to be held on February 18, 2023 in New Delhi,” the GST Council said in a tweet on Friday. The 49th meeting of the GST Council will…
Those who have grown up watching Doordarshan, those who read Amar Chitra Katha, those who have heard the lyrics sung at home, have seen many interpretations of the epic Ramayana in folktales and during the Ram Leela performed in small and big cities. . In fact, Dussehra and Diwali are celebrated in India as the…
Nifty hit a fresh record on Friday as faster-than-expected economic growth in the September quarter added to optimism over global interest rate prospects. The NSE Nifty 50 index rose as much as 0.52% to 20,238.45, a new record high, while the S&P BSE Sensex rose 0.44% to 67,286.16 as of 9:35 am. India’s economy grew…
The US dollar remained subdued for most of the week. On Friday, the dollar index rose sharply from a low of 103.68, recouping all the losses. Strong yields continue to support the dollar to maintain its strength. The dollar index closed the week flat at 104.28. The yield on US 10-year government bonds, on the…
File photo of Bibek Debroy, chairman of the Prime Minister’s Economic Advisory Council | Photo credit: PTI Renowned author and economist Bibek Debroy, who served as chairman of the Prime Minister’s Economic Advisory Council since 2017, passed away on Friday (November 1, 2024) at the age of 69. Mr Debroy was also a member of…
All retirees must submit a living certificate annually to continue receiving their pensions. The entry period opens today, November 1, for people under the age of 80. There are around 69.76 lakh central government pensioners. Retirees must submit the certificate directly to banks, post offices or other designated locations. If the life declaration is not…
Storch Advisors CEO Gerald Storch discusses the state of the American consumer ahead of the holiday season on ‘Varney & Co.’ With Americans still feeling the pressure of higher prices, many believe they would have to take home at least $100,000 a year to avoid worrying about the daily cost of living, newly released data…
At the invitation of the public, capital markets regulator Securities Exchange Board of India (Sebi) has released a consultation paper on assessment of issuance and listing of debt instruments and securities securities. For those unaware, Sebi had set up a working group to review the regulations governing securitized debt instruments (SDI), which came up with…
India’s Foreign Portfolio Investors (FPIs) marked the highest ever monthly sell-off and disbursed a whopping Rs 1,13,858 crore through the stock exchanges in the month of October. However, they remained active buyers in the primary market this month. Contrary to the massive sell-off in the secondary market, the FPIs invested Rs 19,842 crore in the…
As the Indian stock market is undergoing rapid changes across all segments, mutual fund investors need to position themselves strategically. Given the current macroeconomic environment, maintaining a spirit of diversification is crucial. Siddharth Maurya, Founder & Managing Director, Vibhavangal Anukulakara Private Limited, emphasizes the importance of a balanced allocation between large, mid and small cap…
