Amit Upadhyaya, a Pune-based corporate executive, has achieved financial independence at age 46. Despite working for a French multinational (Dassault Systemes) for two decades, Upadhyaya does not credit his wealth to a high corporate salary or employee stock options. He sees it as the outcome of investing in the right stocks and funds and holding…
If you are new to the credit card universe, it is important for you to know that one of the key incentives for most users while applying for a credit card is to avail credit card rewards program. For those who are unaware, credit card rewards programs are incentives offered by the issuers i.e., banks…
The performance of silver could either match or outperform gold in the medium to long term, as silver prices is expected to reach ₹1,25,000 per kilogram on the Multi Commodity Exchange (MCX) and $40 per ounce on the COMEX within the next 12 to 15 months, the Motilal Oswal Financial Services Ltd (MOFSL) said. Silver…
Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25 per cent below the initial goal of $15 billion as market volatility and the lacklustre debut of Hyundai India weigh on sentiment, two sources said on Sunday. BlackRock and Canada Pension Plan Investment Board (CPPIB) will invest in the $1.4…
Swiggy, backed by SoftBank and Prosus, was concerned to avoid a tepid response to its relatively large IPO, coming amid global uncertainty. File. | Photo Credit: Reuters Food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of $15 billion as market volatility and the lacklustre debut…
Image used for representative purpose only. | Photo Credit: S.R. Raghunathan Foreign investors have continued selling in the Indian market, pulling out a massive ₹85,790 crore (around $10.2 billion) from equities this month due to Chinese stimulus measures, attractive stock valuations, and the elevated pricing of domestic equities. October is turning into the worst-ever month…
The investment world rarely stands still. For instance, because of the taxation reforms, the once-reliable compass of debt mutual funds now points to uncertain territory, leaving high-net-worth individuals (HNIs) scrambling to rethink their investment strategies. The question now isn’t whether to adapt but how to do so effectively. This requires a thoughtful reassessment of investment…
This Diwali, if you are contemplating investing into gold, then remember that you do not necessarily have to buy it in the physical form. There are a few options to buy virtual gold which will not only enable you to earn the upside on gold, but will also spare you from worrying over its safety…
India’s gold market is experiencing a remarkable transformation, shaped by a complex interplay of policy changes, global economic dynamics, and deeply rooted cultural traditions. From the reduction in import duties to the evolving landscape of gold consumption in India, several key factors emerge as primary drivers of change and resilience. Also read: Where is gold…
If you are looking to invest in small savings instruments, it is vital to know that different financial instruments offer varied interest rates. These instruments are meant for investors who are looking for safe saving options. These financial instruments give assured returns and also enable income tax exemption up to ₹1.5 lakh under section 80C…
