Month: August 2024

Cryptocurrency holders more likely to have ‘dark’ personality traits of narcissism, psychopathy: Study

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Cryptocurrency holders more likely to have ‘dark’ personality traits of narcissism, psychopathy: Study

If you’ve ever suspected that your crypto-obsessed friend might be a psychopath, you may be on to something.  Digital-asset holders tend to exhibit higher levels of “dark” personality traits such as narcissism, Machiavellianism, psychopathy, and sadism, according to a recent academic paper by researchers at the University of Toronto and the University of Miami published … Read more

UPI: The world’s favourite payment method hits $964 billion in record time

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UPI: The world’s favourite payment method hits $964 billion in record time

Unified Payments Interface (UPI), which has emerged as the world’s most popular alternative payments method (APM), processed transactions to the tune of ₹80.8 lakh crore ($964 billion) in April-July 2024, a sharp 37% year-on-year (y-o-y) surge compared to the same timeframe the previous year. Transaction metrics and global comparison UPI processed a staggering 3729.1 transactions … Read more

Jay Bee Laminations IPO: Here’s how to check allotment status as focus shifts to listing

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Jay Bee Laminations IPO: Here’s how to check allotment status as focus shifts to listing

Jay Bee Laminations Limited IPO: The Initial Public offering that opened for subscription on 27 August and closed on 29 August received stong response. The IPO of Jay Bee Laminations was subscribed 113.95 subscriptions while reatil category received almost 88 times subscription. The allotment for Jay Bee Lamination is to be out soon. The registrar … Read more

How mutual fund investors can minimise the impact of front-running

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How mutual fund investors can minimise the impact of front-running

The Association of Mutual Funds in India (AMFI) recently laid out guidelines for front-running and fraudulent transactions. The AMFI’s move, which comes nearly a month after SEBI’s nudge in response to front-running allegations against Quant MF, is an attempt to tighten regulations for better transparency. Despite the market regulator’s proactive role, mutual fund investors are … Read more

Balrampur Chini, Dhampur Sugar to Dalmia Bharat: Why are sugar stocks skyrocketing today? — explained

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Stock market today: Sugar stocks came under the radar of the Indian stock market bulls during early morning deals on Friday. Sugar majors Dhampur Sugar, Balrampur Chini, Dalmia Bharat, Shree Renuka Sugar, and Triveni Engineering witnessed strong upside movement during the early morning session. They logged up to an 8 per cent intraday rise on … Read more

How a 55-year-old Bhopal architect built a ₹2 crore NPS corpus for a secure retirement

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How a 55-year-old Bhopal architect built a ₹2 crore NPS corpus for a secure retirement

Khare initially connected with a Mumbai-based financial planner who was also a mother to an autistic child. This introduction to full-scale financial planning was a revelation, but the distance proved impractical. Read this | How this Mumbai couple rebuilt their finances after going bust “I needed an advisor I could meet in person when I … Read more

Oil rises 2% on US Fed rate cut bets, tighter MidEast supply; Brent nears $80

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Oil rises 2% on US Fed rate cut bets, tighter MidEast supply; Brent nears $80

Crude oil prices rose by more than a dollar a barrel on Thursday, August 29, as supply disruptions in Libya and plans to lower output in Iraq raised concerns of a tightening market. More than half of Libya’s oil production—nearly 70,000 barrels per day—was offline today, and exports were halted at several ports amid a … Read more

Personal Loan Secrets: 8 crucial factors for choosing the right lender

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Personal Loan Secrets: 8 crucial factors for choosing the right lender

Personal loans are a convenient solution for meeting one’s immediate financial needs in today’s world. Whether it’s for a dream vacation, managing expenses, or advancing a career, personal loans have become a popular option for many. However, choosing the right lender can be challenging with so many options available. To make a smart decision, it’s … Read more

Wall Street today: Tech-rich Nasdaq leads US stocks after Q2 GDP expands 3% on consumer spending; Nvidia slips 3%

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Wall Street today: Tech-rich Nasdaq leads US stocks after Q2 GDP expands 3% on consumer spending; Nvidia slips 3%

Wall Street today: The tech-heavy Nasdaq led Wall Street’s main indexes higher on Thursday, August 29, after official data showed that the US economy rose three per cent in the second quarter, while artificial intelligence chip major Nvidia slipped as its largely in-line forecast failed to meet investors’ lofty expectations. A Commerce Department report showed … Read more

FD interest: Here are the top 6 banks that offer highest rates on 5-year fixed deposits

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FD interest: Here are the top 6 banks that offer highest rates on 5-year fixed deposits

Before you decide to open a fixed deposit (FD) account in a bank, it is incumbent upon you to compare the interest rates offered by different banks. The interest rates usually do not vary much from lender to lender. However, there is a rule of thumb that applies to most lenders uniformly —the longer the … Read more