My father died due to covid two years ago and he didn’t leave behind any will. My mother, who is in her seventies, has clearly mentioned that she doesn’t want to write a will either. A few years back, I bought a flat in Mumbai with my mother as a co-applicant. I have paid regular … Read more
Stock Market News: Friday’s intraday trading saw the domestic benchmark indices, the Sensex and Nifty 50, reach record highs before ending slightly down as a result of profit-booking in the IT, FMCG, and healthcare sectors. Though the markets were supported by fresh inflows of foreign cash and steady prices of crude oil on international exchanges, traders … Read more
Pandey, who retired more than two decades ago and now relies on his pension and mutual fund (MF) systematic withdrawal plans (SWPs), admits that he did not feel the need to commit to any serious investments for a long time after retirement. Retirement Using his retirement benefits, a significant contribution from his son who was … Read more
Over the past 3 months, the Indian market has traded cautiously, with the Nifty50 index confined to a narrow range of 1,000pts, between 21,800 and 22,800. However, this week has seen a departure from this trend, as the market comfortably surpassed this range, closed at a new high of 22,952 after intraday crossing 23,000. In … Read more
Mostly, the promoters of financial freedom get it right; they talk about financial freedom being your ability to control your choices in life, your ability to control your time and your ability to generate income without fussing around with a 9 to 5 job and so on. But, is it just that, your ability to … Read more
Imagine a world where artificial intelligence (AI) doesn’t just process language but truly understands and navigates the complexities of the real world. Gagandeep Reehal, co-founder and CEO of Minus Zero, articulated this transformative idea as he addressed the Mint Digital Innovation Summit 2024. Reehal emphasized the need to shift from traditional large language models (LLMs) … Read more
– Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if passed would be the largest pay package for a CEO in corporate America. The report cited reasons like the “excessive size” of the pay deal, the … Read more
For the third consecutive month, mutual fund houses have revealed the level of free float available in their small and mid-cap schemes to reveal the level of liquidity of their schemes. For the uninitiated, capital markets regulator Sebi directed mutual fund houses in March to carry out what is known as the ‘stress test’ every … Read more
What if artificial intelligence (AI) could fluently communicate in every Indian language? At the Mint Digital Innovation Summit 2024, being held in Mumbai, Pranav Mistry, founder and CEO of Two Platforms Inc., shared his vision for India to become a leader in AI for non-English markets. Mistry emphasized that by developing new multilingual models, which … Read more
Domestic equity benchmarks Nifty 50 and Sensex settled flat in the previous session, but logged their best week since early February, driven by gains in financials and metal stocks. Nifty 50 surpassed the 23,000 mark for the first time ever on Friday and the indices recorded their biggest two-week gain in the last five months … Read more