In this episode of ‘Money With Monika,’ personal finance expert Monika Halan emphasizes on monetary independence for ladies and the way they could begin constructing their funding portfolio. Start with gold and FDs and build on from that, she says. If selecting mutual finances, consult a financial planner to design a portfolio that suits your quality, she provides. Also, “don’t give up your financial independence at any price.” Monika Halan is consulting editor, Mint, and author of ‘Let’s Talk Money.’
Jaguar Land Rover, reeling from a $four billion writedown, a droop in China sales and uncertainty around Brexit, stated conditions had been now not proper for it to borrow from the bond market and it turned into searching for alternative investment. The luxury automaker desires to raise $1 billion inside 14 months to update maturing bonds, at the same time as feeding an investment programme for electric cars that are burning through cash. To assist its desires, JLR should increase a receivables facility or turn to other financial institution financing, with also options along with leasing assets and tapping export credit.
Twitter CEO and different top officials on Saturday refused to appear before the Parliamentary Committee on IT, which had summoned them over the issue of safeguarding citizens’ rights on social media systems, sources said. Twitter mentioned “brief note of the listening to” because the purpose, in spite of being given ten days to travel. The panel had issued a summon to Twitter through a professional letter dated 1 February.
Political mudslinging most of the Janata Dal (Secular) (JDS), Congress and the Bharatiya Janata Party (BJP) hit its peak on Friday amid the presentation of the Karnataka finances. The Congress sooner or later ran out of patience and on Friday determined to act in opposition to four rises up individuals of the legislative meeting (MLAs) to contain the chance the dissidents posed to the already fragile coalition authorities within the country. Siddaramaiah, former chief minister and chief of the Congress legislature party, said that the birthday party would take criminal action beneath the stringent anti-defection law towards the four lacking MLAs—Ramesh Jarkiholi, B. Nagendra, Mahesh Kumathalli, and Umesh Jadhav—amid reviews they have been considering defecting to the BJP.
Net inflows into mutual fund fairness schemes hit a 24-month low, with only ₹6,158 crore accruing in January. Volatility in stock markets and political uncertainty appear to have hit sentiment. January’s internet mutual fund inflows are down 6.7% from ₹6,606 crore in December 2018, according to the Association of Mutual Funds of India (Amfi) for January 2019. Compared with the ₹15,390 crore internet inflows a yr ago, the fall is a steep 60%.
Air India leader Pradeep Singh Kharola has been appointed civil aviation secretary as a part of a minor bureaucratic reshuffle effected on Wednesday, in line with a professional order. Kharola, a 1985 batch IAS officer of the Karnataka cadre, became in November 2017 named the chairman and managing director of Air India Ltd