Report Wire

Tag: Personal Finance

  • Crypto laws: EU securities watchdog provides Dec 2024 deadline

    Investors won’t be protected beneath the European Union (EU) crypto asset market guidelines not less than till the tip of 2024, EU markets watchdog European Securities and Markets Authority (ESMA) in an announcement said.

    Despite the truth that the set of countries was the primary jurisdiction to provide a go-ahead to a complete algorithm to manage crypto property reminiscent of bitcoin, Ether and others, these won’t apply totally till Dec subsequent 12 months. 

    In one other information, the finance ministers from G20 nations on Oct 13 adopted a roadmap for regulating crypto property proposed by the Financial Stability Board (FSB) and the IMF at their assembly at Morocco.

    As of now, crypto property are unregulated beneath EU securities guidelines and the ESMA has made it clear that the traders wouldn’t profit from any EU-level regulatory safeguards beneath the brand new guidelines — known as MiCA — till Dec 2024.

    “Even with the implementation of MiCA, retail traders have to be conscious that there will probably be no such factor as a ‘safe’ crypto asset,” the EU watchdog said in a statement.

    “Can you afford to lose all the money you are planning to invest?” it added. 

    Timeline for MiCA

    ESMA in an announcement clarified the timeline for MiCA encouraging market members to start out getting ready for the transition.

    As of now, ESMA is getting ready the implementation of the markets in crypto property regulation (MiCA) that can improve safeguards for the crypto holders and different stakeholders who’re at the moment not regulated by the present laws 

    The assertion may be very categorical in highlighting that along with the dangers inherent to crypto-assets, MiCA guidelines on the availability of crypto-asset providers won’t enter into utility till Dec 2024. 

    While giving a notice of warning to traders, ESMA additionally states that if traders are fascinated with shopping for crypto-assets or associated services, they need to at all times ask themselves the next:

    A. Can you afford to lose all the cash you might be planning to speculate?

    B. Are you able to tackle excessive dangers to earn the marketed returns?

    C. Do you perceive the options of the crypto-asset or associated services?

    D. Are the companies/events you might be coping with respected?

    E. Are the companies/events you might be coping with blacklisted by the related nationwide

    authorities?

    F. Are you capable of successfully defend the gadgets you utilize to purchase, retailer or switch crypto property, together with your personal keys?

    Besides, there will probably be a further transitional interval throughout which entities could proceed to function and not using a MiCA license. This means the holders of crypto property could not profit from all of the provisions of MiCA till as late as July 1, 2026.

     

    “Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!” Click right here!

    Catch all of the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
    Download The Mint News App to get Daily Market Updates.

    More
    Less

    Updated: 18 Oct 2023, 05:21 PM IST

    Topics

  • 8 finest aggressive hybrid funds to put money into 2023

    View Full Image

    Best aggressive hybrid funds to put money into 2023.

    “Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!” Click right here!

    Catch all of the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
    Download The Mint News App to get Daily Market Updates.

    More
    Less

    Updated: 16 Oct 2023, 04:34 PM IST

    Topics

  • 4 investing ideas of Seth Klarman that specify his long-term success out there

    This profitable head of Baupost Group, a profitable hedge fund firm depends on a long-term, value-oriented method. Counted among the many world’s high billionaires, Klarman’s web value is someplace round $1.3 billion based on Forbes estimates.

    His well-known quote, “I’m of the view that each inventory is a possible purchase at one value, a maintain at one other value, and a promote at the next value. What meaning is that threat is expounded to what you pay, not simply to what you purchase”, has stood the test of time highlighting how this successful fund manager focuses on a stock’s inherent value rather than its market price.

    While speculations persist regarding Seth Klarman’s net worth, the size of his fund, and the secrets behind his remarkable performance since assuming leadership at the Baupost Group, what truly holds significance is his enduring success. Irrespective of market conditions – whether it be a bear market, a bull market, or the turbulence of bubbles and abrupt downturns – Klarman has navigated them all, skillfully steering them in his favour through his steadfast long-term investment approach. His famous investing mantras can be summed up as:

    Invest in stocks trading at prices beneath their intrinsic value

    Buying stocks trading below their intrinsic value stands as a fundamental tenet of Klarman’s value investing philosophy. Intrinsic value represents the assessed worth of a company, taking into account its assets, earning prospects, and various other factors. Klarman maintains that the most promising investment prospects are nestled within stocks trading below their intrinsic value. This is due to the potential for these stocks to appreciate as the market gradually recognizes their true value, ultimately driving their prices higher.

    Intrinsic value, as applied to a stock, is essentially an educated estimation. It lacks a singular, universally accepted calculation method, and the intrinsic value of the same company can vary among different investors. Nevertheless, Klarman’s perspective asserts that by meticulous assessment of a company’s intrinsic value, investors can pinpoint stocks that are trading below their equitable market worth, opening the door to potential opportunities for generating appealing returns.

    Exercise patience and willingness to retain stocks for an extended duration

    Exercising patience and maintaining a long-term perspective represents another crucial aspect of Klarman’s value investing strategy. This accomplished value investor refrains from attempting to time the market. Instead, he upholds the belief that the most effective method for achieving gains in the stock market is to acquire solid companies at favourable prices and commit to holding them over an extended period.

    Klarman’s commitment to long-term investing is underpinned by several rationales. Firstly, he acknowledges that it requires time for a company’s intrinsic value to become apparent to the market. Secondly, the short-term stock market exhibits considerable volatility, and those attempting to time it often incurs losses. Lastly, he maintains that the most effective approach to amplify returns is by steadfastly investing for the long haul.

    Quality matters more than numbers

    Prioritizing quality over quantity stands as a central tenet in Klarman’s value investing philosophy. He exhibits a preference for concentrating investments in a select group of high-quality companies rather than dispersing investments across numerous mediocre ones. In his view, owning a few exceptional companies surpasses the value of holding an abundance of mediocre ones.

    Klarman’s preference for prioritizing quality over quantity is grounded in several compelling reasons. First and foremost, he maintains that high-quality companies are better positioned to consistently yield profits over extended periods. Secondly, he contends that it is far more manageable to comprehensively grasp and evaluate a limited number of companies, in contrast to a larger and more diverse portfolio. Lastly, he underscores the challenge of unearthing exceptional companies, emphasizing that it is a more demanding task compared to identifying mediocre ones.

    Maintain a margin of safety

    Incorporating a margin of safety represents another fundamental element of Klarman’s value investing strategy. He consistently endeavours to acquire stocks at prices beneath his assessment of their intrinsic value. This safeguarding margin serves as a protective shield against potential losses in case of market downturns.

    The margin of safety, denoting the variance between a stock’s intrinsic value and its market price, is quantified in percentage terms. Klarman underscores the significance of this buffer because it serves as a shield against potential losses. In the event of a market downturn, stocks with a margin of safety are generally more resilient, exhibiting greater resistance to value erosion in comparison to stocks lacking this protective margin.

    Klarman’s value investing strategy has thrived across various market conditions due to its foundation in robust investment principles. Beyond these principles, Klarman exemplifies exceptional discipline as an investor. He refrains from succumbing to emotional impulses and is unafraid to deviate from prevailing market sentiment. Moreover, his adept risk management skills are evident as he diligently evaluates the risks associated with each investment before committing to it.

    Klarman’s achievements stand as a testament to the potency of long-term value investing. By adhering to the tenets of value investing, investors can cultivate robust returns over extended periods, even amidst market volatility.

    “Exciting information! Mint is now on WhatsApp Channels 🚀 Subscribe immediately by clicking the hyperlink and keep up to date with the most recent monetary insights!” Click right here!

    Catch all of the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
    Download The Mint News App to get Daily Market Updates.

    More
    Less

    Updated: 16 Oct 2023, 09:11 AM IST

    Topics

  • Income Tax: Returns verified however not processed but? This could possibly be the explanation

    The final date to file an revenue tax return (ITR) is lengthy over. Plenty of taxpayers, nonetheless, should be ready for the processing of their returns, thereby, ready for his or her refunds to be processed.

    Different phases of the submitting of tax return embody submitting of return, verification, adopted by processing of return. Once that is accomplished, taxpayers can see the ‘processing completion’ notification within the tax submitting portal (as proven within the picture beneath).

    The revenue tax division not too long ago launched knowledge to indicate that the variety of days it took to course of the returns has shortened prior to now few years.

    While it took on common 82 days to course of a return within the evaluation yr 2019-20; in 2022-23, it took 16 days, and it has additional diminished to 10 days within the evaluation yr 2023-24.

    Year             Processing days2019-20        82 days2022-23         16 days2023-24      10 days

    So, there could possibly be a case, and rightly so, the place you will have already filed your revenue tax return (earlier than the July 31 deadline) however is but not verified. For this, there could possibly be causes galore.

    However, probably the most frequent causes is that the knowledge that you just submitted within the return doesn’t tally with that of kind 26AS or AIS (annual info assertion).

    View Full Image

    Tax return has been verified however not processed

    This means when you will have declared your revenue to be ‘X’ quantity and your paperwork (reminiscent of AIS) declare this to be ‘Y’ quantity.

    Then the revenue tax division would almost definitely ship a question asking for the explanation for the discrepancy.

    And in case you can justify the explanations for a similar, your return will likely be processed. Else, the division would nudge you to pay the excellent revenue tax. And till that takes place, the case will likely be proven because the ‘return filed but not processed’ (as proven within the picture above).

     

    “Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!” Click right here!

    Catch all of the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
    Download The Mint News App to get Daily Market Updates.

    More
    Less

    Updated: 15 Oct 2023, 09:07 AM IST

    Topics

  • Navratri 2023: 9 monetary classes you could study this festive season

    Live under your means

    One of the basic ideas of reaching monetary freedom is to stay under your means. This means spending lower than you earn. It’s important to create a price range, observe your bills, and prioritise saving and investing over pointless expenditures.

    A basic precept the place one can spend much less cash than one earns, practise prudent expense administration, and prioritise saving and investing for the longer term. This strategy encourages a way of life that emphasises monetary safety in pursuit of long-term targets over extreme spending. It includes budgeting, cautious spending, and making knowledgeable monetary selections to make sure that expenditures stay decrease than earnings, enabling you to avoid wasting and make investments for a extra secure and cozy future.

    Save first spend later

    Precedence ought to be given to at least one’s financial savings and investments earlier than allocating funds for discretionary spending. This includes setting apart a portion of the earnings for saving or investing instantly upon receiving cash and treating it as an important help in planning for retirement, emergencies, or different monetary targets. This fosters monetary self-discipline and gradual accumulation of wealth by making financial savings a main goal.

    Diversify earnings streams

    Generating income from a number of sources somewhat than relying solely on a single earnings stream goals to mitigate focus danger, improve monetary stability, and probably improve general earnings. Individuals can discover part-time jobs, freelance work, rental earnings, or passive earnings streams like dividends that can present monetary resilience and adaptability, decreasing vulnerability to financial fluctuations or job insecurity.

    Invest correctly and early

    It emphasises the significance of creating well-informed funding selections and beginning as early as potential. By investing intelligently and commencing your funding journey at an early stage, people could benefit from compound curiosity and have the potential to attain long-term monetary targets extra successfully.

    Compound curiosity is a robust idea that may considerably impression a person’s long-term monetary targets. It refers back to the means of incomes returns on an preliminary funding after which reinvesting these earnings to generate further earnings in subsequent durations. Put merely, it is the snowball impact of your cash rising over time. The longer you permit your cash to compound, the extra substantial the expansion potential.

    Debt administration is the important thing

    Managing debt is certainly a crucial side of private monetary well-being and stability. High-interest money owed could be a vital impediment to monetary freedom. Individuals ought to prioritise paying off high-interest money owed, similar to bank card balances, as shortly as potential and keep away from accumulating new debt except important. Responsible debt administration, which incorporates making on-time funds and decreasing excellent balances, can positively impression your credit score rating. A superb credit score rating is crucial for accessing beneficial lending phrases sooner or later, similar to decrease rates of interest on important loans.

    Set clear monetary targets

    Financial freedom requires a transparent roadmap and monetary targets will present a person with a way of path and objective for making selections. Set particular, measurable, achievable, related, and time-bound (SMART) monetary targets that can maintain one on observe and make obligatory monetary changes.

    Stay knowledgeable and educate your self

    In a quickly altering world, staying knowledgeable means that you can adapt to new conditions, applied sciences, and alternatives. It helps you keep related and aggressive. Financial success typically hinges on monetary literacy. Educating your self about private finance, investing, budgeting, and different monetary issues can result in higher cash administration and wealth-building methods.

    Be affected person and chronic

    Achieving monetary freedom takes time and self-discipline. Patience means that you can endure delays and setbacks gracefully, whereas persistence empowers you to maintain shifting ahead, adapt to obstacles, and in the end attain your required outcomes. Together, these qualities are key to long-term success and resilience within the face of adversity.

    Review and alter your plan repeatedly

    Financial freedom is just not a static goal. As circumstances evolve quickly plans must be revised so reviewing price range, investments, and targets repeatedly will guarantee it’s related and align with one’s aspirations.

    In conclusion, monetary freedom is just not an elusive dream however an achievable objective. By making well-informed monetary selections, dwelling inside their means, prioritising monetary targets, and staying disciplined, people can progressively work in the direction of monetary freedom.

    Prabhat Ranjan is Co-Fund Manager, Right Horizons, PMS and Vijay Chauhan is Co-Fund Manager, Right Horizons, PMS.

     

    “Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!” Click right here!

    Catch all of the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
    Download The Mint News App to get Daily Market Updates.

    More
    Less

    Updated: 15 Oct 2023, 09:06 AM IST

    Topics

  • Beckham on Netflix: Money classes you possibly can study from the documentary

    Football followers will realise how his dad, a soccer fanatic himself (and that’s placing it mildly), took little David to kick the ball each morning. Under his strict supervision, David took corners repeatedly and but once more. David should have practised free kicks greater than the rest on this planet. And sure, we find out how David obtained a Manchester United package each Christmas.

    If your mother and father pushed you this difficult into excelling at no matter you do, right this moment you’d be confessing to a therapist. When requested if he resents how his father pushed him, David solutions with out batting an eyelid, ‘No.’

    David’s love for Manchester United was his dad’s dream and as soon as he signed up – one of many youngest membership members – there was no going again. David Beckham stayed on with the membership for 13 years till he was ‘suddenly sold’ he says, after which selected to journey all the best way to Madrid to play for Real Madrid (with greats like Zizou, Figo, Carlos, Ronaldo!)

    You are amazed on the form he’s in at 47 years outdated with a son who’s now taking part in soccer, and his marriage to Posh Spice Victoria Adams continues to be going robust (aside from some testing instances). His footballing genius is unparalleled: he has a novel Treble underneath his belt (Premier League, FA Cup, Champions Cup), has gained La Liga, being  He’s designing garments (compares designs along with his spouse who additionally has her personal line), co-owns two soccer golf equipment: Inter Miami and Salford City, performs beekeeper, continues to be modelling underwear (his tattooed bod continues to be sizzling despite the fact that youthful and youthful males) and extra.

    The secret sauce is his expertise in fact. As his teammate Gary Neville says, ‘We were this close (crossing his fingers to show how close), but I was just a side dish. David had a way to kick the ball like no one else could.’    

    If you need to know what the ‘Bend It Like Beckham’ obsession of followers is all about, watch the superior footage of his matches included within the collection. The ups and downs are chronicled moderately properly. But as his teammate Phile Neville says, ‘David used to get his salary on Friday and he would spend it all on Saturday.’ 

    Beckham signed a contract with Adidas and received paid £50,000, and the subsequent day he went out and acquired an M3 for £50,000. His teammates would surprise why he wasn’t saving like the remainder of them. But Beckham wouldn’t have it. He would purchase watches and automobiles and designer jackets.

    All our lives we’ve been informed to avoid wasting, make investments, earn extra, then save extra, make investments extra and earn much more. Your success has been measured by how good you might be since you invested in a inventory that turned large, you held on when others bucked to market stress and so forth. Never earlier than has anybody stated to you: Hey, you could have expertise. You shouldn’t turn into a rat within the race to the highest. Take a pause and benefit from the good issues in life. If you possibly can afford a Porsche, and know that you’ll generate profits (identical to Beckham had confidence that he would get that ball into the purpose), don’t simply secretly watch these Leipzig racetrack Porsche testing movies, step out of your consolation zone and purchase that automotive. 

    There can be individuals in your life (simply as Beckham had his teammates like Roy Keane, who simply didn’t perceive his behavior of spending cash) who will ask, ‘Who buys a pen? A fancy pen?’ 

    But David Beckham – assured in his expertise as a footballer and figuring out that he was making a model – knew that the cash would come. He labored arduous on the pitch, at all times confirmed as much as exercise on time along with his different teammates. But off the sphere, he lives just like the star that he’s.

    Imagine having a huge financial institution steadiness, and proper investments and financial savings sufficient to see you thru not one however a yr or extra of wet days. If you reside to avoid wasting for that pension fund, then by the point you retire, you may be too outdated to do the stuff you’ve at all times wished to do. What use is it in case you don’t pause and odor the roses? While you’re sporting your Gucci jacket? Don’t take the jam-packed practice however select to drive in your Man U pink automotive. You could need to step out of your private home earlier, but when you’ll benefit from the music that you just love on the best way to work, why not? Live a bit of. Life will obey and provide you with extra.

    Manisha Lakhe is a poet, movie critic, traveller, founding father of Caferati — a web based author’s discussion board, hosts Mumbai’s oldest open mic, and teaches promoting, movies and communication. She could be reached on Twitter at @manishalakhe.

    “Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!” Click right here!

    Catch all of the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
    Download The Mint News App to get Daily Market Updates.

    More
    Less

    Updated: 14 Oct 2023, 01:00 PM IST

    Topics

  • 5 top-performing massive cap mutual funds previously 10 years

    View Full Image

    Large cap mutual funds with the best returns in 10 years.

    “Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!” Click right here!

    Catch all of the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
    Download The Mint News App to get Daily Market Updates.

    More
    Less

    Updated: 13 Oct 2023, 05:12 PM IST

    Topics

  • Discovering FIRE: How to safe your monetary independence

    Becoming financially unbiased means you do not work for cash and should purchase time with cash. Having time means to find a way do what you want to.

    With FIRE (Financial Independence, Retire Early) in pattern, most individuals see them as synonyms. However, I see it just a little in another way.

    Being financially unbiased is just a little completely different from an early retirement when it comes to mindset. When you consider early retirement, you think about stress-free and doing nothing. Such creativeness is primarily thrilling as a result of you have got a busy work schedule or you do not take pleasure in your work.

    Being financially unbiased directs you in the direction of doing one thing you take pleasure in, taking a break whenever you need, and becoming a member of again whenever you want to, not since you want cash however since you love doing what you do, which additionally has a financial profit as an acknowledgment of your worth provides. However, when it comes to cash, being financially unbiased and early retirement is similar.

    So, first, you should work on why and what you’ll do when financially unbiased. If that creativeness is thrilling, that’s when you need to plan for FIRE.

    Goals You Need To Work On To Become Financially Independent

    Here, I counsel dividing your targets into recurring and one-time.

    Recurring Goal: This contains all of the wants that proceed to happen repeatedly. Example-

    Living expenses- Household & way of life bills

    Child’s faculty price (earlier than commencement)- If your baby remains to be in class

    Car buy (non-compulsory)

    One-time Goal: Child greater training, Child marriage, retirement, and so forth

    Apart from the above, you should have an emergency fund, personal a home, and be debt-free.

    Here, I listing all attainable targets chances are you’ll take into account for turning into financially unbiased.

    View Full Image

    Financial Goals

    Goal 1: House Purchase: Present worth = ₹1.1 crore, Future worth = ₹2.46 crore

    View Full Image

    Goal #1

    Goal 2: Child Education: Present Value = ₹50 lakh, Future worth = ₹2.78 crore.

    View Full Image

    Goal #2

    Keeping three must-have targets in thoughts, Sunil wants ₹9.96 crore after 15 years to grow to be financially unbiased at age 45.

    Apart from this, maintain an extra quantity parked for emergencies and a security internet. Hence, a spherical determine of ₹10.5 crore.

    Steps To Work Towards Financial Independence:Set clear monetary targets

    Define what monetary independence means to you, the approach to life you need to reside, and the sum of money you may want to attain it.

    Become debt free

    It is important to be debt free. Utilize your bonus, earnings tax refund, or any windfall earnings to prepay your debt/loans. It is recommended to prepay high-interest debt first, like bank card due or private loans. You may do a comparability; if clearing a long-term mortgage is extra useful, that can majorly rely on whenever you began the mortgage and the rate of interest. Prepaying within the preliminary stage of the mortgage turns into extra advantageous.

    Live under your means

    Avoid way of life inflation by retaining your bills the identical even after wage increments; this may provide help to to save lots of and make investments aggressively.

    Take skilled recommendation

    Financial independence is a vital resolution; don’t hesitate to hunt skilled assist to make an knowledgeable resolution.

    Be affected person and constant

    Attaining monetary independence calls for each time and self-discipline in investing. Stay devoted to your targets, detach your self from the end result, and do not get carried away with fast cash and different investments.

    Financial independence is a journey, not a dash. It requires a long-term dedication to being affected person and constant. Start early, be constant, and lastly, consider within the course of to work in the direction of reaching your monetary independence. 

    *Sunil is a hypothetical case

    Salma Sony is a SEBI-registered funding adviser and founding father of salmasony.com.

  • What a private mortgage prices you

    Personal loans are a approach to make use of tomorrow’s revenue at this time, and the method concerned is easy. But you need to observe that the rates of interest are a lot greater, say, for a automotive mortgage. This is as a result of private loans are unsecured loans. This implies that the mortgage will not be by backed any asset. The mortgage quantity and rate of interest rely upon parameters corresponding to your revenue, present credit score, compensation capability, and others. As private loans include excessive rates of interest, conitnuous default will put in a downward spiral. Here are a few of the lowest private mortgage rates of interest supplied by numerous banks.

  • How do I file a grievance towards rejection of insurance coverage declare?

    I purchased my medical insurance coverage in 2016 for myself and my spouse. I renewed the coverage yearly by paying well timed premiums until final 12 months. In December 2022, I suffered from typhoid and was admitted in hospital for seven days. The remedy value me round ₹2 lakh. My insurer denied the declare saying that my situation didn’t require hospitalization. What can I do to get my declare from the insurance coverage firm?

    -Name withheld on request

    Since you aren’t glad with the response given by your insurer, you’ve a number of choices to file a grievance.

    You can straight register your grievance on the Insurance Regulatory and Development Authority of India’s (IRDAI) on-line portal, generally known as the ‘Bima Bharosa System’. You can select to submit your grievance by way of e-mail to [email protected], or you may avail of the toll-free helpline at 155255 or 1800 4254 732.

    You can lodge a grievance to the Insurance Ombudsman inside one 12 months from the date of rejection by the insurance coverage firm.

    Since the incident occurred in December 2022, you continue to have time. You can file your grievance on-line on https://www.cioins.co.in or you may go to your nearest ombudsman workplace and file an offline grievance.

    Alternatively, you may file a grievance with the patron Court. Since, the quantity of declare is simply ₹2 lakh, you may file a grievance with the district client disputes redressal discussion board.

    You can both file the grievance on-line or it’s also possible to write the grievance, connect all related paperwork and register it offline. You may also need to file an affidavit within the courtroom stating that each one the information and statements introduced by you’re true and proper. The client discussion board might cost you a charge starting from ₹100 to ₹5,000.

    In an analogous case, the Surat District Consumer Redressal Commission issued a directive to an insurance coverage firm final month. The fee dominated that the choice relating to the necessity for hospitalization needs to be entrusted to medical professionals’ discretion relatively than being solely decided by the insurance coverage firm.

    Nidhi Verma is founder and chief govt officer at Algates Insurance

    Catch all of the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint.
    Download The Mint News App to get Daily Market Updates.

    More
    Less

    Updated: 18 Sep 2023, 10:32 PM IST

    Topics