Wall Street stocks slipped and US Treasury yields jumped on Monday after ratings agency Moody’s cut the United Statesâ credit rating. Moody’s late on Friday slashed the United States’ sovereign credit rating to “Aa1” from “Aaa”, citing rising levels of government debt and interest payment ratios “to levels that are significantly higher than similarly rated…
BEL Q4 Results: Bharat Electronics Ltd (BEL) announced its January to March quarter results on Monday, 19 May 2025. The Navratna PSU recorded an 18 per cent rise in its fourth quarter net profits to âš2,105 crore in the financial year 2024-25, compared to âš1,784 crore in the same period a year ago, according to…
Expert view on markets: Mohit Khanna, CFP, Fund Manager, Purnartha One Strategy, believes the Indian stock market may remain rangebound until we get clarity on trade negotiations with the US. In an interview with Mint, Khanna shared his views on key risks for the markets, sectors that can generate alpha and trends of Q4 earnings….
International ATM withdrawals with debit, credit, and forex cards levy a âš150-500 fee per transaction. But the Global Forex Card, a single-currency forex card denominated only in US dollars, doesnât charge this fee. The BMF card also solves the biggest challenge associated with forex cardsâcross-currency conversion. When forex cards are used in a country with…
Bestselling personal finance book, Rich Dad Poor Dad author Robert Kiyosaki on Monday issued a warning about an imminent global financial crisis, sounding an alarm on how the economy functions. In a post on X, Kiyosaki gave the example of the collapse of hedge fund LTCM and how the Wall Street bailed it out in…
Extending losses to the second consecutive session, the Indian stock market benchmarks, the Sensex and the Nifty 50, ended lower on Monday, May 19, tracking weak global cues. The Sensex closed 271 points, or 0.33 per cent, lower at 82,059.42, while the Nifty 50 settled at 24,944.45, down 75 points, or 0.30 per cent. The…
The investment strategy at each stage in life has to have different consideration and must change according to peculiar circumstances. For example, a person at the initial stage of his career can take risks with his money and invest substantial portion of his savings aggressively in volatile and risky assets like equity but not the…
NEW DELHI : When we switch jobs, we are told to transfer our employee provident fund (EPF) to the new employer. This requires filling out Form 13. Some people ignore this, and in some cases, it doesn’t happen even after they apply for it. We have compiled five reasons why you must transfer your EPF…
YES Bankâs MARQUEE is a credit card designed for high income individuals. It provides a suite of premium benefits. The process of application for this particular credit instrument has been streamlined and made easier by the bank for all applicants who meet the required eligibility criteria. Once obtained, credit card users can utilise this card…
Personal loans: When you apply for a personal loan, it is vital to be aware of all the key documents that you need to submit. Without submitting the necessary documents, an applicant can not avail the loan. The choice of documents may vary from bank to bank â however, the common documents that you need…
