Month: June 2024

4 best personal finance books that will expose your mind to the world of investing

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4 best personal finance books that will expose your mind to the world of investing

Studying finance books can significantly enhance your financial understanding and help you achieve your objectives. Introductory texts provide fundamental principles, whereas more advanced ones explore detailed investment tactics. The books you choose depend largely on your goals. Reflect on why you’re reading a personal finance book: whether it’s to eliminate debt, plan for retirement, or … Read more

AI sparks classic Android, iOS tug of war for developers

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AI sparks classic Android, iOS tug of war for developers

The story was similar at Google, too, which on 14 May announced features and initiatives to lure developers into building apps and services on its Gemini large language model (LLM)-powered suite of features for Android, Chrome, YouTube and more—which have estimated active user bases of 3.9 billion, 3.2 billion and 2.5 billion, respectively. With Apple … Read more

European Stocks Meander as France Turmoil Raises Volatility

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European stock markets fluctuated between gains and losses as concerns around the upcoming French election sent equity volatility to the highest since October. Europe’s Stoxx 600 edged 0.1% higher at the close in London after a bumpy day. France’s CAC 40 pared some of its losses and ended up 0.9%. The Paris index slid last … Read more

Modi 3.0 Budget 2024 Expectations: What are Finance Minister Nirmala Sitharaman’s plans for taxpayers?

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Modi 3.0 Budget 2024 Expectations: What are Finance Minister Nirmala Sitharaman's plans for taxpayers?

With the dawn of Modi 3.0, all eyes are eagerly set on the upcoming Union Budget of 2024, slated for presentation in July. Anticipation runs high among industries, farmers, taxpayers, and the middle class alike, as they await potential boosts and tax reliefs from Finance Minister Nirmala Sitharaman.  As the first budget of this new … Read more

Gamestop shares slump following annual shareholder meeting

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NEW YORK — Gamestop’s CEO Ryan Cohen said the struggling video game retailer will focus on cutting costs and long-term profitability in an annual shareholder meeting Monday. Cohen added this would involve a “smaller network of stores” — suggesting that more store closures could be in sight. No further details of reductions were immediately provided. … Read more

IRFC, GAIL, Olectra Greentech, NMDC, Cummins, Info Edge, Siemens: BP Wealth lists 7 super picks for June

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IRFC, GAIL, Olectra Greentech, NMDC, Cummins, Info Edge, Siemens: BP Wealth lists 7 super picks for June

The benchmark Nifty has surged over 4 percent in June, reaching around the 23,500 mark and setting multiple new highs along the way. With high valuations for most stocks and no significant correction in sight, investors may find it challenging to determine where to invest. To address this, brokerage house BP Wealth has released 7 … Read more

Here’s how to accurately declare assets in Schedule AL of your ITR

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Here's how to accurately declare assets in Schedule AL of your ITR

Schedule AL was introduced in 2016 after the discontinuation of the wealth tax. Prakash Hegde, chartered accountant at Acer Tax & Corporate Services LLP, explains, “The government wanted a monitoring system to check if the value of a taxpayer’s assets corresponds to the income earned by them. Thus, Schedule AL was introduced.” To help taxpayers … Read more

Unreal faces and AI brains: An uncanny valley?

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Unreal faces and AI brains: An uncanny valley?

An Indian avatar is in the world’s first AI beauty pageant shortlist, where two of the four judges are also AI-powered. Mint explores the pros and cons of AI’s growing influence, from AI CEOs and assistants to realistic AI deepfakes and voice clones. Who is the Miss AI candidate from India? Zara Shatavari, who has … Read more

First 100 days crucial; initiatives in green energy, semiconductor space likely: LICMF CEO Jha

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First 100 days crucial; initiatives in green energy, semiconductor space likely: LICMF CEO Jha

Back at home, the first hundred days of the new government are crucial, he said. Besides the infrastructure push, the government has promised solar rooftops for 10 million households. He expects additional initiatives in the green energy sector along with increased focus on the semiconductor space. Edited excerpts: What is your current assessment of the … Read more