Page 97 - Sunainaa Chadha

Pre-election rally: Nifty could rise to 23400 by June, buy on dips, says ICICI Securities

Empirically, in General election year, Nifty tends to bottom out in Feb- March, followed by minimum 14% rally towards General election outcome in each of 7 instances over last 3 decades

India has visa-free access to just 62 nations in the world: Full list

ndia stands at the 80th rank in the list of most powerful passports. Its passport has visa-free access to 62 nations, including Angola, Barbados, Bhutan, Bolivia, Djibouti, El Salvador, Jamaica

Mumbai 4th wealthiest BRICS city, Bengaluru tops list of emerging millionaire hotspots

Bengaluru, nicknamed the "Silicon Valley of India" due to its booming tech sector, is currently home to approximately 13,200 millionaires and this number is projected to reach over 30,000 by 2033

Explained: Paytm fiasco impact on mutual fund investors

Among the asset management companies (AMCs) that had exposure to the stock, none exceeded 2% of their equity AUM in any case.

'Steady comeback of FII flows likely to support large-cap stocks this year'

Mid and small-cap stocks could go through higher volatility, and one should be selective within them.

Risk of near-term volatility in both gold and silver, says Nippon India MF

Spot gold is likely to face the hurdle near $2045 level and slip towards $2020 level amid strong dollar and surge in US treasury yields

Passive funds have not had a single net outflow month in the last year

Retail investors tend to skew towards index funds, which have been gaining market share steadily over the past four years.

Hike in US immigration fees will reduce volume of visa applications from India

The new H-1B application visa fee has been increased from $460 to $780, and the H-1B registration fee will rise from $10 to $215

H1B to EB-5: US hikes visa fees for various categories of non-immigrant visas

The biggest increases are for EB-5 investors - the investment linked green card programme.

Budget 2024: Upto 10 mn taxpayers to be free from petty tax claims dating back to 1962

The government has decided to waive outstanding direct tax demands up to Rs 25,000 for the period up to financial year 2009-10 and up to Rs 10,000 for financial years 2010-11 to 2014-15.

Interim Budget 2024: FM bets big on spiritual and island tourism in India

The interim budget proposed to greater enhance infrastructure and connectivity to facilitate domestic tourism on islands, including Lakshadweep.

Interim Budget 2024: FM enhances Lakhpati Didi scheme to target 3 cr women

Last year, Prime Minister Narendra Modi announced the scheme, which aims to encourage women to start micro-enterprises, during his Independence Day speech on August 15, 2023.

Explained: How RBI ban on Paytm impacts you and your finances from 1 March

The fintech company has been barred from accepting fresh deposits and carrying out credit transactions for consistently flouting RBI guidelines

Here are the most valuable companies in the world: Apple retains top spot

By absolute value, the biggest gainers this year were Microsoft, up US$708bn, and Nvidia up $697bn, followed by Meta Platforms up $466 bn.

Here are the most crypto-ready cities in 2024: New York leads, Tokyo worst

Los Angeles is the city with the most crypto ATMs (1810 ATMs) in the world.

New-age maternity plans cover IVF, adoption, surrogacy, newborn vaccination

In new-age plans, if one of the spouses has already subscribed to a policy, the nine-month waiting period for the other spouse is waived off.

Foreign flows continue to chase India, Japan and US, small-cap funds see big surge

The last week saw an inflow of $549 million into India-dedicated funds, led by large-cap funds. Out of this inflow, $120 million was from US investors and $145 million from Japan investors.

Chart view: Stocks most bought and sold by mutual funds in last 5 months

Cashs level for largecap and midcap schemes have already dropped to February 2022 lows and now much below the long-term average. Smallcap

Demand for bigger homes refuses to wane, avg flat size up 37% in Delhi NCR

NCR saw maximum growth (of 37%) in avg. flat sizes among top 7 cities - from 1,375 sq. ft. in 2022 to 1,890 sq. ft in 2023

Chart view: Which sectors did foreign investors pour money into in 2023?

In the calendar year 2023, financials saw FPI net flows of $6012 million and industrial stocks saw flows of $7127 million.