Manking Personal Finance Easy
Finance Minister Nirmala Sitharaman with economist Bibek Debroy. File | Photo credit: X/@nsitharaman Bibek Debroy, chairman of the Prime Minister’s Economic Advisory Council, died on November 1, 2024 at the age of 69. News of the economist, author and professor’s death drew condolences and tributes from ministers, politicians and others in his field. Prime Minister…
I own a house in Rajasthan, for which I took a loan. The loan has been largely repaid. I have been living in Haryana for the past four years. I want to buy another house here. Can I enjoy tax benefits for my home loan when purchasing a second home loan? Is it possible to…
The seven new companies that have emerged from the former Ordnance Factory Board (OFB) have demonstrated a significant turnaround, with figures showing healthy after-tax profits, three years after a radical corporatisation process. The companies, which previously suffered heavy losses, have now been directed to focus on research and development to meet the future demand of…
The Punjab State Power Corporation Ltd (PSPCL) has made a profit of Rs 564.76 crore for the period ended September, against a loss of Rs 1,880.25 crore in the year-ago period. Under the Aam Aadmi Party (AAP) government led by Chief Minister Bhagwant Mann, the timely repayment of Rs 12,342 crore subsidy to PSPCL has…
The Central Board of Indirect Taxes & Customs (CBIC) has made it mandatory from December 1 to declare the method used for producing synthetic or reconstructed diamonds at the time of export or import. This will help in speedy processing and inspection of the shipment, which in turn will facilitate trade. Synthetic or reconstructed diamonds…
Credit cards are used for a number of financial purposes ranging from paying your bills on time to spreading the bills over equated monthly installments (EMIs) or for consolidating multiple accounts into one. In addition to all this, you can also use a credit card for debt consolidation. What it essentially means is that you…
Nvidia shares closed at their highest levels ever on Monday, putting the heavyweight AI chipmaker on the verge of dethroning Apple as the world’s most valuable company. As investors bet on strong demand for its current and next-generation AI processors, the Santa Clara, California-based company’s stock price rose 2.4% to end the day at $138.07….
A recent AARP survey found that more than half of adults over 50 are concerned about having enough money for retirement The Social Security Administration announced Thursday that the 2025 cost-of-living adjustment (COLA) will be 2.5%, the lowest since 2021. Social Security retirement benefits will increase by an average of about $50 per month starting…
The Indian stock market delivered an impressive performance last Samvat, with the benchmark Nifty 50 rising almost 25 percent. However, according to Shankar Sharma, top investor and founder of GQuant, an AI tech company, Samvat 2081 could be challenging and a year of moderate to negligible returns. “India’s performance over the past year has been…
