Month: November 2024

Navigating the stock market: SIP strategies, asset allocation key for long-term mutual fund gains

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Navigating the stock market: SIP strategies, asset allocation key for long-term mutual fund gains

As the Indian stock market undergoes rapid changes across all segments, mutual fund investors must strategically position themselves. Given the current macroeconomic environment, maintaining a spirit of diversification is crucial. Siddharth Maurya, Founder & Managing Director of Vibhavangal Anukulakara Private Limited, emphasises the importance of a balanced allocation among large, mid, and small-cap funds. Swapnil … Read more

Berkshire Hathaway cash pile soars to $325 billion after Warren Buffett slashes Apple, BofA holdings

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Berkshire Hathaway cash pile soars to $325 billion after Warren Buffett slashes Apple, BofA holdings

Berkshire Hathaway Inc.’s cash pile soared to $325.2 billion in the third quarter, a record for the multinational conglomerate, after chairman Warren Buffett continued to trim some of his most significant equity stakes and refrain from major acquisitions. Berkshire Hathaway once again trimmed its holdings in Tim Cook-led technology giant Apple Inc., the Omaha, Nebraska-based … Read more

Claiming home loan tax benefits on multiple properties in India: What you need to know

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Claiming home loan tax benefits on multiple properties in India: What you need to know

I own a house in Rajasthan, for which I took a loan. The loan has been paid up substantially. I have been living in Haryana for the last four years. I want to buy one more house here. Can I avail of home loan tax benefits on the purchase of a second home loan? Is … Read more

Dividend Stocks: HUL, Coal India, Dabur India, among others to trade ex-dividend next week; Full list

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Dividend Stocks: HUL, Coal India, Dabur India, among others to trade ex-dividend next week; Full list

Dividend stocks: Shares of major companies, such as Dabur India, Coal India, Hindustan Unilever Ltd, Patanajali Foods and others, are scheduled to trade ex-dividend starting on Monday, November 4, 2024, according to BSE. Some of the major companies have announced various corporate actions, including the extraordinary general meetings (EGM), bonus issue, and stock splits, according … Read more

Credit Cards: How can you use your card for the purpose of investing in stocks?

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Credit Cards: How can you use your card for the purpose of investing in stocks?

For most credit card users, one of the most common use cases is to buy merchandise now and pay for it at a later date, say a month later. Shopping online or offline with the aid of a credit card without having to worry over the price tag is what defines the key utility of … Read more

Shankar Sharma warns of challenges for Indian stock market in Samvat 2081, sees opportunity in Chinese stocks

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Shankar Sharma warns of challenges for Indian stock market in Samvat 2081, sees opportunity in Chinese stocks

The Indian stock market delivered an impressive performance last Samvat, with the benchmark Nifty 50 soaring almost 25 per cent. However, according to Shankar Sharma, ace investor and the founder of GQuant, an AI-tech company, Samvat 2081 could be challenging and a year of moderate to negligible returns. “India’s performance in the last year has … Read more

General Provident Fund: Centre issues key clarification on PF settlement for retired govt employees. Read here

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General Provident Fund: Centre issues key clarification on PF settlement for retired govt employees. Read here

The Centre has clarified the General Provident Fund (GPF) disbursement to government employees upon retirement. This clarification, provided by the Department of Pension and Pensioners’ Welfare (DoPPW), addresses inquiries regarding interest payments on delayed GPF payments after retirement. The new instructions, dated October 25, 2024, highlight the importance of timely processing at every stage, from … Read more

GPT-5 launching soon? Sam Altman provides major update, says ‘very good releases’ coming this year

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GPT-5 launching soon? Sam Altman provides major update, says ‘very good releases’ coming this year

OpenAI’s last major Generative Pre-trained Transformer (GPT) release, GPT-4, launched in March 2023, and since then, ChatGPT users have been eagerly awaiting the next big upgrade. Although OpenAI introduced GPT-4o, an iteration of GPT-4 with enhanced text, vision, and audio capabilities earlier this year, there has been no sign of a significant new model release. … Read more

Amazon shares gain over 6% on solid Q3 results, revenue forecast up 11% to $188.5 billion

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Amazon shares gain over 6% on solid Q3 results, revenue forecast up 11% to $188.5 billion

E-commerce giant Amazon Inc. shares gained over 6 per cent on Friday, November 1, after the company posted stronger-than-expected earnings in its third-quarter results. Amazon.com Inc. shares rose 6.30 per cent to $198.12 per share as of 1:50 p.m. (EDT) on Friday, compared to $186.40 at its previous close on Thursday.  The company’s revenues rose … Read more

HDFC Bank’s UPI service to be unavailable for THESE two days in November; check details here

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HDFC Bank’s UPI service to be unavailable for THESE two days in November; check details here

With the prevalence of digital payments, it is quite common among the public at large to use a unified payment interface (UPI) service for a slew of transactions. Be it for paying your food bill or your cab, for shopping or for the fuel bill, making payment digitally is seen as convenient. Thanks to our … Read more