Nov Financial News

New Year 2024: As the year changes from 2023 to 2024, there are a few finance-related changes that will come into action from today, January 1, 2024.

Thok dijiye, Sir. Is Baar Bulldozer Chalaane Mein Itni Der Kyon? (Hit them, sir. Why is it taking so long to run the bulldozer this time?)" In post on X (formery Twitter), Moitra alleged that one of the Bharatiya Janata Party (BJP) workers was involved in the "gangrape" of a Banaras Hindu University (BHU) student.

If you are a mutual fund investor with a high-risk appetite then there are no prizes for guessing that you already have a considerable exposure to small-cap mutual funds.

mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision. BASIC FACTS DATE OF LAUNCH 28 APRIL 2014 CATEGORY EQUITY TYPE FLEXI CAP AUM* Rs.8,593 crore BENCHMARK NIFTY 500 TOTAL RETURN INDEX WHAT IT COSTS NAV** GROWTH OPTION Rs.43.81 IDCW** Rs.28.49 MINIMUM INVESTMENT Rs.500 MINIMUM SIP AMOUNT Rs.500 EXPENSE RATIO# (%) 1.77 EXIT LOAD 1% for redemption within 15 days *AS ON 30 NOV 2023 **AS ON 26 DEC 2023 #AS ON 30 NOV 2023 FUND MANAGER RAKESH SHETTY (left)/NIKET SHAH 1 YEARS/1 YEARS, 4 MONTHS Recent portfolio changes New entrants Bajaj Finserv, BSE, Navin Fluorine International (Oct). Complete exits Interglobe Aviation, Max Healthcare Institute (Oct).

By Andrea Shalal

New Year 2024 will certainly be different from 2023, yet similar in the way that this, too, will usher in a slew of changes with it. Come New Year, small savings schemes will offer higher interest rates, insurance policy documents will be easier to understand, dormant UPI IDs will be de-activated, cars will get costlier, and the physical verification of documents for SIM card will be phased out, among others, in the finance world. Let us understand more.

Unified Payments Interface) account with any of the popular apps such as Google Pay, Phone Pay or Paytm, and have not been able to use it for a year or longer for any reason whatsoever, then it is set to get deactivated from Jan 1 onwards. This will be done as the follow-up action of NPCI (National Payments Corporation of India) circular that was issued on Nov 7, 2023. While taking a decision, the payments corporation body attributed the move to inadvertent transfer of money in cases where users change their mobile numbers without removing their earlier numbers from the banking system.

NEW YORK (Reuters) -U.S. prosecutors said on Friday they do not plan to proceed with a second trial against Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange.

The character James Bond is used to dangerous situations, but actor Pierce Brosnan could be facing potential jail time after he allegedly put himself at risk while trespassing in an area of Yellowstone National Park.

In a note to clients this week, analysts at Macquarie Research reiterated MGM Resorts (NYSE:MGM) and Caesars Entertainment (NASDAQ:CZR) as their gaming industry top picks that have Vegas exposure.

Retail inflation for industrial workers increased marginally to 4.98 per cent in November compared to 4.45 per cent in October this year, mainly due to higher prices of certain food items. Food inflation stood at 7.95 per cent against 6.27 per cent in the previous month (October 2023) and 4.30 per cent during the corresponding month (November 2022) a year ago, a labour ministry statement said.

NEW DELHI : Output of eight core infrastructure sectors expanded 7.8% in November, but the growth was the slowest since June 2023, official data showed on Friday. This represents a decrease from the 12% expansion seen in October and is down from the 5.7% growth recorded in November last year. Coal and refinery products saw double-digit increases, while cement and crude oil production declined.

The federal government approved RBC’s $13.5-billion takeover of HSBC Canada in the waning days of 2023, despite concerns from critics that it will stifle competition. Banking customers will start to see next year how the acquisition, expected to close in the first quarter, shakes out.

By Shariq Khan

gem and jewellery exports witnessed a on-year decline of 4.52 per cent in November to Rs 19,018.180 crore (USD 2,263.34 million), GJEPC said on Friday. Exports stood at Rs 19,917.73 crore (USD 2437.53 million) during November 2022, according to the data by the Gem and Jewellery Export Promotion Council (GJEPC).

compounding are so profound that it is considered not less than a magic. From ace investors such as Warren Buffett to the great scientist Albert Einstein have spoken at great lengths about the power of compounding. Einstein even referred to compounding as the ‘eighth wonder’ of the world.

Before the year is over, a lucky someone could win the estimated life-altering US$760 million (over C$1 billion) Powerball jackpot.

By Jonathan Landay

Oprah Winfrey and the ladies of 'The View'? Recent events surrounding the promotion of the latest adaptation of 'The Color Purple' have fueled rumors of discontent between the media mogul and the daytime talk show hosts. Let's delve into the alleged drama and dissect the facts.

They say that the rising tide lifts all boats. Amid the ongoing bull run, equity mutual funds jumped in their valuations, so much so that the industry’s overall asset size went higher by nearly 23 percent this calendar year until Nov 30.

A Moroccan man is facing charges in Canada after a series of bomb threats in Ontario last month and his arrest by Belgian police, the OPP says.