The fund house is betting big on exchange traded funds (ETF) and believes it has the strongest back-end to be the best in this space. In an interview with Mint, Swarup Mohanty, vice chairman & CEO, Mirae Asset Investment Managers (India) discussed upcoming RBI policy, GDP growth, changing risk profile of investors, plans in GIFT … Read more
Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps you informed on … Read more
I bought a policy in December 2023 for ₹10 lakh. My wife was diagnosed with stage 4 cancer in March and underwent treatment in June. The insurer denied cashless hospitalization. What is my recourse? Would it be advisable for me to port the policy? – Name withheld on request Standard individual health insurance policies carry … Read more
The unified distilled file formats (UDiFF) introduced by the Securities and Exchange Board of India (Sebi) for ease of doing business are expected to save the market ecosystem an estimated ₹200 crore over the next five years. To streamline processes, enhance ease of business and encourage innovation, Sebi launched an initiative to harmonize, simplify and … Read more
In today’s fast-paced world, financial crises can hit unexpectedly. Whether it’s a medical emergency, sudden job loss, or unexpected home repairs, having access to funds can make all the difference. Many individuals are turning to personal loans as a viable solution to navigate through tough times. But how effective are they in alleviating financial distress? … Read more
Accenture unveiled a $4.0 billion share buyback and reported better-than-expected fourth-quarter revenue driven by a high demand surge from companies looking to adopt generative artificial intelligence (AI) technology. Shares of the information technology (IT) major were up nearly seven per cent in premarket trading. The Dublin-based company reported fourth-quarter revenue of $16.41 billion, slightly better … Read more
As you sit at your desk, dreaming of your upcoming holiday in Singapore, you’re excitedly planning your itinerary and envisioning stunning sunrises and warm sunsets. However, when it comes time to sort out the finances, you realise that securing a personal loan from the bank may not be possible. This can be frustrating, especially when … Read more
Mira Murati, OpenAI’s Chief Technology Officer (CTO), announced her decision to step down as its CTO on Thursday, September 26, after serving the parent company of ChatGPT for more than six years. The woman, who has been a key figure behind the company’s most significant AI developments, announced her exit and explained that she is … Read more
Bank Nifty Trading Strategy Today: Indian stock market indices touched record high levels on Wednesday, with the BSE Sensex surpassing 85,000 level and the Nifty 50 closing above the 26,000-mark. The rally in the domestic equity has been accelerated by improved investors’ risk appetite after the US Federal Reserve’s supersized interest rate cut, sustained foreign … Read more
Credit cards are often seen as convenient financial tools for spending. However, they can also help you save money if used wisely. Here are some tips to maximize the benefits of credit cards. Choose the right card The first step in making the most of a credit card is selecting the right one. With numerous … Read more