Tag: thellv

  • Top 5 Investment Mistakes NRIs Must Avoid in India”

    Top 5 Investment Mistakes NRIs Must Avoid in India”

    India is becoming a popular place for Non-Resident Indians (NRIs) to invest their money. With its young workforce, growing digital economy, and stable government, India is a great opportunity for NRIs to grow their money. However, if you want to be successful, you need to avoid some common mistakes. Here are five big ones to watch out for:

    1. Forgetting to Update Your Status
    Many NRIs forget to change their residential status from Resident Indian (RI) to Non-Resident Indian (NRI). This mistake can lead to paying higher taxes because RIs are taxed on their global income, while NRIs are taxed only on money earned in India. Make sure to update your status to avoid unnecessary taxes and legal issues.

    2. Not Updating Your Foreign TIN
    If you don’t update your foreign Tax Identification Number (TIN) in India, you could end up paying taxes in both countries. This can happen because you won’t be able to claim credits for taxes paid abroad. Always keep your TIN updated to save money and avoid problems.

    3. Sticking Only to Tax-Free Products
    Some NRIs focus only on tax-free products like Foreign Currency Non-Resident (FCNR) Fixed Deposits. While they are safe, they usually don’t earn as much as other options like Dynamic Asset Allocation Funds (DAAFs). These can give you better returns. So, check different investment options to grow your money.

    4. Falling for Unrealistic Promises
    Be careful of schemes that promise high returns without clear details. Many NRIs have lost money by investing in unregulated funds or misleading insurance plans. Always do your homework, ask questions, and don’t fall for unrealistic guarantees.

    5. Ignoring Estate Planning
    Many NRIs skip making a will, which can create problems for their heirs after they are gone. Without a will, passing on assets in India can be complicated. A solid estate plan can help avoid disputes and ensure that your investments go to the right people.

    How to Avoid These Mistakes
    – Use GIFT City: It allows NRIs to hold funds in both Indian Rupees (INR) and foreign currencies, making transactions easier.
    – Know About DTAA: The Double Taxation Avoidance Agreement helps NRIs reduce taxes by crediting taxes paid in one country against what is owed in another.

    Conclusion
    India’s growing economy gives NRIs a great chance to invest and grow their wealth. By avoiding common mistakes and understanding the investment landscape, NRIs can make smart choices and achieve financial success

  • Angelina Jolie: Confident and Ready to Date in 2025!

    Angelina Jolie: Confident and Ready to Date in 2025!

    Angelina Jolie is feeling much better and more confident after winning a recent court case against Brad Pitt. She is celebrating by going out and meeting new people. After years of tough legal battles that caused her a lot of stress, she is ready to explore dating again and hopes for new love in 2025.

    A close friend shared that Jolie is happier than she has been in a long time. The support from her friends and the success in court has made a big difference for her. The insider said, “She’s climbing out of a dark place and ready to shine again.” Jolie accused Pitt of hurting her for years, especially during a flight in 2016, but he denies those claims. Recently, a judge decided that Pitt must share important documents that could show he tried to hide the abuse, and Jolie sees this as a big win for her.

    Jolie recently appeared on a late-night show for the first time in 10 years. She walked into The Tonight Show with Jimmy Fallon without shoes because she broke her toe. She admitted that she feels nervous on such shows since it had been a while since her last appearance. However, she expressed that she feels more alive and wants to start dating in 2025. Jolie usually avoids Hollywood events, but now she is accepting many invitations to parties and celebrations, feeling more social and ready to enjoy life.

  • Sanjay Raut: BJP’s Hostility Towards Marathi Manoos on the Rise”

    Sanjay Raut: BJP’s Hostility Towards Marathi Manoos on the Rise”

    Shiv Sena leader Sanjay Raut has strongly criticized the Bharatiya Janata Party (BJP). He believes the BJP is creating a negative atmosphere for Marathi-speaking people, known as “Marathi manoos.” Raut claims that since the BJP won the state elections, there have been more attacks on Marathi speakers. He pointed out a recent incident in Kalyan, Thane district, where a Marathi family was supposedly attacked by non-Marathi speakers. Raut warned that this is just the start of a plan to drive Marathi people out of areas like Mumbai, Thane, and Kalyan.

    Raut said, “Attacks on Marathi manoos have increased after the elections. There’s an effort to force them out of their homes.” He believes a bigger plot is underway to marginalize Marathi speakers.

    He didn’t just stop there; Raut also criticized the state government over a tragic accident where 14 people died because of a clash between a Navy boat and a ferry. He argued that the government is failing to tackle increasing crimes in rural areas, like robberies and murders.

    Raut accused the BJP of weakening the Shiv Sena, a party that traditionally supports Marathi people. He said the BJP is splitting the Shiv Sena and turning its leaders into “puppets,” who care more about keeping their positions than the interests of Marathi speakers.

    Furthermore, he mentioned that the BJP’s actions are making it harder for Marathi-speaking businesspeople, while favoring non-Marathi businesses in the region.

    While responding to Deputy Chief Minister Eknath Shinde, Raut said that the people in the ruling Shiv Sena don’t care about the Kalyan incident and are too desperate for power. “The BJP wants to destroy the Marathi manoos,” he stated.

    Lastly, Raut commented on a recent fight in Parliament between rival political groups regarding Dr. B R Ambedkar and joked that some MPs should win an award for acting. He also pointed out that registration of a case against Rahul Gandhi is just another action by the BJP-led government

  • RCB Launches Innovative Program to Nurture Young Athletes

    RCB Launches Innovative Program to Nurture Young Athletes

    The Royal Challengers Bengaluru (RCB) have started an exciting program called the ‘Made of Bold Sports Development Programme.’ This initiative aims to find and develop young sports talents from different parts of India.

    In a recent announcement, RCB shared their goal: to help young athletes grow and to create a strong sports culture in India. Rajesh Menon, RCB’s Vice President, said, “We believe that when communities come together through sports, everyone benefits. This program is designed to support young talent while also helping local communities.”

    RCB’s star player Shreyanka Patil also expressed her excitement, saying, “This program will help athletes and their communities succeed. India has a lot of untapped sports talent, and this program is a good step forward.”

    The journey of the ‘Made of Bold Sports Development Programme’ starts in Mundgod, a small town in the Uttara Kannada district. Here, talented young athletes from the Siddi Community admire Olympic champions like Usain Bolt. RCB hopes that Mundgod can become India’s “sprint capital.”

    This program is developed in partnership with the GoSports Foundation and Bridges of Sports Foundation. It provides support that includes education, training, and nutrition to help these children thrive in sports.

    What Will the Program Do?
    The program will focus on supporting 25 young athletes who train with Bridges of Sports Foundation. Initially, over 400 children will take part in a fun 2-tier league. Out of these, 25 top performers will receive special training in 300 sessions to prepare for state and national competitions. Two outstanding athletes will even get advanced training from top coaches and therapists who have helped Olympic winners.

    Deepthi Bopaiah, CEO of GoSports Foundation, shared her excitement about working with RCB. She said, “We know that having strong support at every level is key to an athlete’s success. We believe this program will give talented young athletes a chance to shine.”

    Nitish Chiniwar, founder of the Bridges of Sports Foundation, noted that the program represents a major opportunity to help young athletes in Karnataka and throughout India. He said, “For athletes to succeed, they need ongoing support. We believe this program will help the talented athletes in Mundgod become champions.”

    RCB also aims to discuss ways to improve sports in India and inspire more people to contribute to the sports community.

  • Growing Concerns: Pakistan’s Missile Threat to U.S. Security

    Growing Concerns: Pakistan’s Missile Threat to U.S. Security

    A senior official from the White House has warned that Pakistan’s development of powerful missiles, especially long-range ones, could be a growing threat to the United States. Jon Finer, who advises on national security, spoke at an event and expressed worries about Pakistan’s missile technology, which could potentially reach targets far beyond South Asia, including the U.S.

    Recently, the U.S. imposed sanctions on four Pakistani organizations. This includes the National Development Complex (NDC), a key player in Pakistan’s missile program, and three companies from Karachi. This is the first time a Pakistani state-owned entity has faced U.S. sanctions for missile development, highlighting serious concerns from the American government.

    Finer pointed out that the advancements in Pakistan’s missile technology, such as long-range missiles, raise alarms about their intentions. He noted that only a few countries, like Russia and North Korea, currently have the capability to threaten the U.S. with missiles. This puts Pakistan’s actions under a spotlight.

    Traditionally, Pakistan’s missile and nuclear programs were aimed at countering India, with which it has had multiple conflicts since 1947. However, Finer’s comments suggest that Pakistan might be shifting its focus toward confronting broader global threats.

    In response to the U.S. sanctions, Pakistan claims that its missile and nuclear programs are necessary for its security, especially against India. Pakistan argues that its missile efforts are defensive, but U.S. officials remain skeptical. Finer shared that the U.S. has repeatedly raised concerns but has not received satisfactory explanations from Pakistan.

    The relationship between the U.S. and Pakistan has been complex. They have worked together in fighting terrorism but have also had periods of tension, especially after the U.S. withdrawal from Afghanistan in 2021. This has made their relations even more complicated.

    Finer’s remarks come at a time when the U.S. is worried about Pakistan’s increasing ties with China, which have been linked to the growth of Pakistan’s missile capabilities. Pakistan has developed around 170 nuclear warheads since its nuclear program began in the 1970s, and its advancements in long-range missiles are seen as a big step forward.

    As these developments continue, there are growing concerns not just for the region but also for the global implications for U.S. security. The U.S. is seeking solutions to address these threats. Finer’s comments highlight the increasing scrutiny on Pakistan’s missile technology as it may pose a direct challenge to U.S. safety.

  • Eijaz Khan & Pavitra Punia: Breakup Rumors Debunked”

    Eijaz Khan & Pavitra Punia: Breakup Rumors Debunked”

    Television actors Pavitra Punia and Eijaz Khan fell in love while in the Bigg Boss 14 house. Although they broke up last September, rumors have been flying around about their split. Recently, Pavitra made it clear that religion was not the reason for their breakup. Eijaz’s spokesperson agreed, saying their relationship was based on love, not religion.

    Eijaz’s family comes from different faiths, and he celebrates many religious festivals. His dad is upset because people have wrongly asked if Eijaz wanted Pavitra to convert to Islam. Eijaz’s family was happy when they were dating, and now it’s hurtful to hear these false claims.

    Eijaz’s spokesperson emphasized that these rumors affect their personal lives and careers. He pointed out that Eijaz has visited temples and celebrated Hindu festivals like Diwali and Ganesh Chaturthi while in a relationship with Pavitra. Both Eijaz and Pavitra have stated that religion was never an issue, but the topic keeps coming up now that they are no longer together.

    In an interview, Pavitra explained how it was important for her that no one should change their religion for a partner. She stated, “If someone cannot stay loyal to their own religion, how can they be loyal to you?”

  • WHO and India Unite Against Climate Crisis and Health Challenges

    WHO and India Unite Against Climate Crisis and Health Challenges

    Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organization (WHO), spoke out recently about how the climate crisis could increase conflict and division among people. He shared his thoughts on X, describing his experiences at the International Court of Justice in The Hague, where he talked about how climate change impacts health. He emphasized that the world needs peace, justice, and teamwork now more than ever.

    According to WHO, it’s estimated that climate change could cause around 250,000 extra deaths each year from issues like hunger, malaria, diarrhea, and heat stress between 2030 and 2050. The health-related costs from climate change might reach up to $4 billion per year by 2030. Countries with weak health systems, often poorer nations, will struggle the most without help to handle these challenges.

    WHO points out that greenhouse gas emissions from burning fossil fuels are major causes of climate change and air pollution, affecting everyone’s health. Meanwhile, India is taking action against climate change. Bhupender Yadav, India’s Union Minister for Environment, discussed India’s efforts to tackle land degradation and desertification during the UN climate conference in Riyadh, Saudi Arabia. He highlighted India’s commitment to restoring degraded lands and promoting sustainable development. Yadav talked about how, since the first global talks on land degradation, India has worked towards community-driven land restoration and made significant progress over the years

  • MobiKwik Shares Slide After Big Debut: Key Insights and Tips”

    MobiKwik Shares Slide After Big Debut: Key Insights and Tips”

    Shares of One MobiKwik Systems dropped by 5.7% on Friday, closing at Rs 510.30 on the BSE. This drop happened as investors took profits after the stock jumped 37% in just two days following its debut on Dalal Street. MobiKwik listed on the stock exchange on Wednesday at a price that was 58.5% higher than its initial price of Rs 279. The stock started at Rs 442.25 and had impressive gains, reaching a peak of Rs 605 before falling back down on Friday.

    The company’s initial public offering (IPO) was valued at Rs 572 crore and was oversubscribed by 119 times, showing strong interest from investors. People were excited about MobiKwik’s move towards profitability and the increasing popularity of digital payments. The money raised will be used to improve their financial services, boost AI and machine learning, and enhance their payment systems.

    Shivani Nyati, who is the Head of Wealth at Swastika Investmart, shared that MobiKwik’s ability to stay profitable and stand out in the competitive fintech market will determine if they can keep growing. She advised investors to consider taking profits now, but for those who want to stay invested, it’s smart to set a stop loss at around Rs 400.

    Founded back in 2008, MobiKwik serves over 161 million registered users and 4.26 million merchants as of June 2024. They offer a variety of services like digital payments, credit, and investment products. The company is the largest player in India’s PPI wallet sector, holding 23.11% of the market.

    Notable investors like Bajaj Finance, Abu Dhabi Investment Authority (ADIA), and American Express have stakes in the company, owning 13.44%, 2.8%, and 1.76% respectively.

  • Ashwin Retires: Cricket Legend Shocks Fans with Sudden Announcement!”

    Ashwin Retires: Cricket Legend Shocks Fans with Sudden Announcement!”

    On Wednesday, rain helped India draw the third Test match against Australia in Brisbane. But the biggest surprise came when star player Ravichandran Ashwin, aged 38, announced his retirement from international cricket right after the match.

    Ashwin revealed this shocking news during a press conference alongside captain Rohit Sharma, despite two more matches left in the Border-Gavaskar Trophy. He had been left out of the first Test, which India won, and played in the second Test, which India lost. He was again dropped for the Brisbane Test that ended in a draw.

    As the news spread on social media, fans, players, and experts shared their love and respect for Ashwin. Former Indian cricketer Abhinav Mukund also wrote a heartfelt tribute about Ashwin on ESPNCricinfo, recalling their childhood cricket days in Chennai.

    Mukund shared a funny story about how both players played in an under-12 tournament. He remembered scoring his first-ever century while Ashwin was injured and acting as the scorer. “I celebrated after reaching 90 runs and then heard applause later. I realized the scorer had made a mistake with the numbers!” Mukund said.

    He reflected, “At the time, I thought Ashwin was done with cricket due to his injury and would focus on studies. Little did I know he’d become a cricket legend!”

    Ashwin’s retirement marks the end of an amazing career. Many consider him one of the greatest cricketers ever. He played a key role in India’s victories in the 2011 ODI World Cup and the 2013 Champions Trophy. After starting cricket at just nine years old, Ashwin was coached by Chandrasekar Rao in his early days. He has already left Australia and returned to Chennai, planning to play in the IPL 2025 for CSK next

  • Mazagon Dock Stock Surges: What You Need to Know!”

    Mazagon Dock Stock Surges: What You Need to Know!”

    Shares of Mazagon Dock Shipbuilders have bounced back after hitting a low around Rs 3,870. The stock then climbed over its previous high of Rs 4,900. In July, it reached a new peak at Rs 5,860 but then dropped about 51%, landing near that support level again. However, since November, Mazagon Dock’s stock is showing strong signs of recovery.

    Technical analyst Rajesh Bhosale from Angel One explains that the stock has been moving positively for two months. After falling from its top price of Rs 5,780 to around Rs 3,830, it has managed to stay above a key level that could indicate a return to rising prices.

    On the weekly chart, the stock is showing a pattern of “higher highs” and “higher lows,” suggesting that it might keep going up. Bhosale predicts a rally towards its previous high of Rs 5,780, with resistance around Rs 5,500. The recent low of Rs 4,740, which is close to the 20-day EMA, is an important support level to watch.

    Defense stocks have been recovering lately, and Mazagon Dock has shown a strong rebound after finding solid support near its 100-day EMA. The stock has just broken out of a tight range while staying well above its 20-day EMA, and it’s getting close to reaching its all-time high again.

    On the technical side, the stock is above its important moving averages, which shows positive momentum.

    Ajit Mishra, SVP of Research at Religare Broking, advises traders to position themselves wisely, suggesting they should buy on any dips, with a stop loss set at Rs 4,750. He sees potential targets of Rs 5,530 and Rs 5,800 for the stock.

    Disclaimer: The views expressed by the experts are their own and do not represent the views of Niftystat.