COMPOSITE Financial News

Both I and my wife are 35 years old and have salaries of Rs 40,000 a month each. We have a Rs 20 lakh home loan and the EMI is Rs 16,000 per month. Last month, we got Rs 65 lakh from a property sale. Should we invest this amount or close the home loan? We have a son and a daughter. We have a 3-BHK flat in Hyderabad, two plots of land, Rs 4 lakh in stocks and mutual funds, a Rs 50 lakh term policy, Rs 4 lakh in LIC Jeevan Anand, a Rs 6 lakh Maxlife policy, Rs 2.5 lakh in EPF, and a Rs 3 lakh SBI Ulip. We have separate mediclaim policies from our employers. Naveen Kukreja, CEO and Co-Founder, Paisabazaar.com: As for your health insurance, you should purchase a cover of at least Rs 1 crore since the mediclaim policies provided by your employer might be inadequate.

Asian shares have declined amid worries over discouraging data on China, as well as over the future of the U.S. economy

Stocks worldwide are falling as China’s faltering recovery raises worries for the rest of the global economy

SUV segment in India, today unveiled the “Vision Thar.e" at its signature Futurescape event in Cape Town, South Africa. The auto major said that the Thar.e boldly strides into the future on the INGLO-born electric platform, equipped with a cutting-edge high-performance AWD electric powertrain. Veejay Nakra, President – Automotive Sector, Mahindra & Mahindra Ltd.

Wall Street's main indexes opened lower on Tuesday after a sharper-than-expected rise in U.S. retail sales stoked concerns the Federal Reserve could keep interest rates higher for longer.

Investing.com — U.S. stock futures traded lower Tuesday, ahead of the release of key retail sales data as well as earnings from home improver retailer Home Depot .

Government bonds or stocks: If you were picking an asset class to outperform over the next 18-24 months, which would you choose?

The new rulebook will apply to single-currency stablecoins (SCS) pegged to the Singapore Dollar or any G10 currency, that are issued in Singapore. Issuers of such SCS will have to fulfil key requirements relating to value stability - including information relating to their composition, valuation, custody and audit - new capital requirements and redemption and disclosure rules.The new rules have been designed to ensure an orderly wind-down of failing stablecoins schemes and full value returns to investors.Only stablecoin issuers that fulfil all requirements under the framework can apply to MAS for their stablecoins to be recognised and labelled as 'MAS-regulated stablecoins'.

Asian stock markets have tumbled after mixed U.S. economic data revived worries the Federal Reserve might hike interest rates again

Asian stock markets are mixed after China reported weak July consumer and business activity and its central bank cut a key interest rate to shore up the struggling economy

Wall Street ticked higher ahead of a week of reports showing how strong U.S. shoppers remain, amid hopes their spending can keep the economy out of a recession

Mining companies will need to disclose more information about the potential for environmental issues or native title disputes to affect future development of mineral discoveries, under proposed changes to the guidelines that underpin Australia’s biggest export industry.

water vapor, rather it is carbon dioxide (CO2) that propels the eruption of basaltic volcanoes.

Edtech major Byju’s on Monday said it has appointed Richard Lobo as an «exclusive» advisor to help drive its human resources function and guide the management on organisational change and transformation. The move – following Lobo’s 23-year career at information technology services integrator Infosys, where he last served as executive vice president and head of human resources – comes at a time when the Bengaluru-based edtech steers itself through massive layoff exercises and corporate governance crises. “His extensive experience and leadership in HR will be instrumental in further enriching our work culture and ensuring that the welfare of our team members remains at the core of every decision we take.

The S&P 500 opened lower by 5.92 points, or 0.13%, at 4,458.13, while the Nasdaq Composite dropped 45.85 points, or 0.34%, to 13,599.00 at the opening bell. The Dow Jones Industrial Average fell 7.51 points, or 0.02%, at the open to 35,273.89.

S&P 500 (SPX) closed lower for the second consecutive week as analysts continue to highlight rich valuation and a near-term risk of a market correction. The index fell 0.3% to test the initial support at 4450.

Bengaluru: Aditya-L1, the first space-based Indian observatory to study the Sun, is getting ready for its launch soon, ISRO said on Monday. The satellite, realised at U R Rao Satellite Centre here, has arrived at the ISRO's spaceport in Sriharikota in Andhra Pradesh, the Bengaluru-headquartered national space agency said in an update on the mission.

Investing.com-- Most Asian stocks sank on Monday, with Chinese indexes leading losses on persistent concerns over slowing economic growth, while stronger U.S. inflation readings also pushed up fears of a more hawkish Federal Reserve.

Infosys Foundation chair, singer Shankar Mahadevan, and economist Sanjeev Sanyal, a member of the Prime Minister’s Economic Advisory Council, are part of this endeavour according to an internal note of NCERT as reported by HT. The primary goal of this committee is to align the curriculum with the National Curriculum Framework for School Education (NCF-SE). Developed under the guidance of the K Kasturirangan-led steering committee as a part of the National Education Policy (NEP) 2020 implementation.

Also read: Chandrayaan-3 mission: ISRO releases images of Earth, Moon captured by Lunar Lander The implications of Earendel's size hint at the presence of a potential companion star, a revelation discernible thanks to Webb's ability to stretch light into wavelengths beyond Hubble's range, reported HT Tech. Webb's sophisticated camera also unveils the Sunrise Arc galaxy in intricate detail.

MSCI has added eight Indian stocks to its Global Standard Index and removed one as part of its quarterly index review. The changes will likely result in an inflow of nearly $1.4 billion from foreign passive funds when the actual changes take place on August 31. A release by MSCI on Friday said it had added HDFC Asset Management, IDFC First Bank, Ashok Leyland, Astral, Cummins India Kirloskar, REC, Power Finance Corporation, and Supreme Industries to its Global Standard Index and removed ACC.