Manking Personal Finance Easy
The success of the initial public offering (IPO) of Hyundai Motor Company’s Indian arm could lead to a wave of multinational companies (MNCs) looking to list their subsidiaries in the country. With investment bankers confirming that several multinationals are exploring similar opportunities, Hyundai’s decision to go public in India could set a precedent for foreign…
In digital marketing, content marketing is a critical element that goes beyond traditional SEO’s limits, becoming a pathway to holistic brand development. BrandingExperts.com believes that this strategy focuses on creating and promoting valuable, pertinent content designed to captivate a specific audience, thus driving increased website traffic, improving brand recognition, and nurturing a customer’s trust in…
Indian equity benchmarks closed lower on Thursday, led by heavy selling in technology stocks, with the BSE Sensex down 553.12 points and the NSE Nifty down 135.50 points on weak global cues and monthly expiry of derivatives. The 30-share BSE Sensex ended at 79,389.06, down 0.69 per cent, while the broader NSE Nifty closed at…
The Finance Ministry acknowledged emerging concerns about weakening consumer confidence and faltering demand, especially in urban India, as well as a moderation in industrial momentum in recent months, even as it maintained that the economy will grow between 6,000 and 2025 between 2024 and 2025. 5% and 7% will grow. The Finance Ministry on Monday…
However, leveraging equities comes with conditions and risks that should be carefully considered. How borrowing against shares works A loan against shares (LAS) allows borrowers to pledge their shareholding as collateral for an overdraft facility, offering flexibility by only charging interest on the amount used. For example, if shares are worth ₹10 lakh has been…
Shares of Hyundai Motor India Ltd fell nearly 6% early in their debut in Mumbai, a tepid start to trading for what was the country’s largest-ever initial public offering. The shares traded at just Rs 1,844.65 after being priced at Rs 1,960, the top of the market. South Korea’s Hyundai Motor Co sold a 17.5%…
Storch Advisors CEO Gerald Storch discusses the state of the American consumer ahead of the holiday season on Varney & Co. America’s middle class is feeling the pressure like never before, according to new data. Primerica’s latest Financial Security Monitor report for the third quarter shows that 55% of middle-income households now rate their personal…
Colombia’s central bank ignored pressure to accelerate the pace of interest rate cuts as policymakers weigh fiscal risks that sent the peso to its weakest level in more than a year. The seven-member board voted 4-3 to cut interest rates by half a percentage point to 9.75%, Governor Leonardo Villar told reporters in Bogota on…
India’s nuclear sector output growth rose 2% in September, compared with a 42-month low of 1.6% the month before, according to official data released Wednesday. Excluding August figures, September growth was the slowest in about two years. Production was up 9.5% in September 2023. “Mitigating disruption due to rainfall in sectors like mining and power…
The Public Provident Fund (PPF) is a very popular savings scheme that offers a low-risk investment option. As you prepare for the festivities of Diwali 2024, consider opening a Public Provident Fund (PPF) account to secure your financial future. However, before you proceed, it is important that you are aware of three important changes that…
