In this episode of ‘Money With Monika,’ personal finance expert Monika Halan emphasizes monetary independence for ladies and how 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 the 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 write-down, a sag in China sales, and uncertainty around Brexit, stated conditions had been improper for it to borrow from the bond market, and it turned into searching for alternative investment. The luxury automaker desires to raise $1 billion in 14 months to update maturing bonds while feeding an investment program for electric cars burning through cash. JLR should increase a receivables facility or turn to another financial institution financing, with options, leasing assets, and tapping export credit to assist its desires.
Twitter CEO and different top officials on Saturday refused to appear before the Parliamentary Committee on IT, which had summoned them over safeguarding citizens’ rights on social media systems, sources said. The panel had called Twitter through a professional letter dated 1 February. Twitter mentioned “brief note of the listening to” because of the purpose, despite being given ten days to travel.
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 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 crores 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 crores 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 year ago, the fall is a steep 60%. Air India leader Pradeep Singh Kharola has been appointed civil aviation secretary as 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, was named the chairman and managing director of Air India Ltd.