Manking Personal Finance Easy
The economy is likely to have grown 5-5.1 percent in the October-December 2022 quarter due to the normalization base, much lower than the 6.3 percent growth recorded in the previous quarter, analysts said. Normal basis refers to the comparable figure of the corresponding period of the previous financial year. But the basis for calculating the…
The Center has clarified the General Provident Fund (GPF) disbursement to government employees on retirement. This clarification, provided by the Department of Pension and Pensioners’ Welfare (DoPPW), addresses questions about interest payments on deferred GPF payments after retirement. The new instructions, dated October 25, 2024, emphasize the importance of timely processing at every stage, from…
Indian shares hit new all-time highs on Monday, driven by financials and energy stocks, as state election results boosted market momentum on strong macroeconomic data and declining global interest rate expectations. The NSE Nifty 50 index rose as much as 1.65% to 20,602.50 points and recorded a record high for the second consecutive session. The…
Historically, US elections have had serious consequences for financial markets, and the crypto sector is no different. Industry experts suggest greater volatility is likely as investors may reduce their exposure to cryptocurrencies until there is more clarity on regulatory guidance. With the upcoming US elections in the spotlight, crypto markets are experiencing a mix of…
The percentage of commercial LPG used in hotels and restaurants has been increased by ₹62 per 19 kg cylinder. | Photo credit: PTI The price of aviation fuel, or ATF, was increased by 3.3% on Friday (November 1, 2024) and the percentage of commercial LPG used in hotels and restaurants increased by ₹62 per 19…
I want to invest in government bonds. Are they tax-free? What plans are available for tax-free interest? I want to invest for 7 -10 years. The Indian government has not issued new tax-free bonds for quite some time, but you can buy some of the tax-free government bonds issued in the past on the stock…
Venture capitalists and private equity firms aren’t the only ones betting on the GenAI race. Indian family offices also want a piece of this growth story and are quietly supporting AI startups in India and abroad. Between 2021 and September 2024, Indian family offices invested nearly $570 million in AI-focused companies, with such allocations increasing…
Inflation rose, but the increase was minimal compared to the past three years. (iStock ) The consumer price index (CPI), the main measure of inflation, rose 0.2% in September, a similar increase that consumers saw in August and July, the Bureau of Labor Statistics reported. Over the past 12 months, the index has risen 2.4%,…
Latest Market News Today Live Updates: Watch Today’s Market Recap! Track Nifty 50 and Sensex moves along with top gainers and losers. See how the Asian and US markets fared and which sectors led (or fell). Summary: Follow Mint’s market blog for real-time updates on your favorite companies. This blog will keep you updated on…
