Planning an early retirement, if you wish to do so, you need to think about it thoroughly. The decision can not only have an impact on an individual’s life, but can affect the entire family. Whether it be about living a comfortable life when your monthly income ends, or about going on an elaborate vacation, retirement planning needs to be given deep thought.In this episode f Managing Money with Moneycontrol, Sakshi Batra chats with Tanwir Alam, Founder and CEO of Fincart.com, to find out how important it is to draw out your plans for an early retirement.Watch the video to find out more.LIVE NOW... Video series on How to Double Your Monthly Income... where Rahul Shah, Ex-Swiss Investment Banker and one of India's leading experts on wealth building, reveals his secret strategies for the first time ever. Register here to watch it for FREE. … [Read more...] about Managing Money with Moneycontrol | How important it is to plan before you opt to retire early
Money top app
The chair of a United States congressional panel wrote to Alphabet's Google and to Apple on December 13 to ask if any disclosures mobile apps are required to make regarding overseas ties, a concern that follows reports of Chinese investment in popular apps such as TikTok and Grindr.Rep. Stephen Lynch, chairman of a subcommittee of the House of Representatives Oversight Committee, said in a statement that he had asked both Google and Apple to tell Congress whether they required app developers to disclose any non-US ties.Concerns over China acquiring sensitive data about US citizens through social media apps is one of several sore areas in relations between the US and China even as President Donald Trump's trade war with China fans suspicion between the world's two largest economies.Close TikTok, which is wildly popular with teenagers, is owned by Chinese technology company ByteDance. In a related matter, the Chinese gaming company Beijing Kunlun Tech has said it would sell popular … [Read more...] about Congressional panel ask Google, Apple if apps like TikTok disclose non-US ties
What age should kids get phones? – Yuvi, age 10, Dayton, Ohio If it seems like all your friends have smartphones, you may be on to something. A new report by Common Sense Media, a nonprofit that reports on technology and media for children, found that by the age of 11, more than half of kids in the U.S. have their own smartphone. By age 12, more than two-thirds do, and by 14, teens are just as likely as adults to own a smartphone. Some kids start much younger. Nearly 20% of 8-year-olds have their own smartphone! advertisement advertisement So, what’s the right age for you? Well, I study the effects of media and technology on kids, and I’m here to say that there is no single right answer to this question. The best I can offer is this: When both you and your parents feel the time is right. How to talk to your parents about a smartphone Here are some points to consider to help you and your parents make this decision. Responsibility: Have you shown that you are … [Read more...] about When should your child get a smartphone?
Chhitij JainStrategy setup - Delta-based “Bull Call Spread”The market has reclaimed lost ground in the past two trading sessions after a mild correction and many stocks which were in strong uptrend have gone through a phase of consolidation, ready for the next leg of the rally.Close Chhitij JainHead of Derivatives|Rudra Shares & Stock Brokers Construct 'covered call in Ujjivan Financial' for getting benefit of USFB IPO listing in coming weekAfter massive bull run, SBI likely to trade sideways; choose short straddleGo with 'covered put' weekly strategy in Bank Nifty using 'Van Allen' pointsWe have selected Reliance Industries from the pack. After hitting the fresh all-time high, stock has formed a base and appearing to be ready for fresh up move again. Hence, we would recommend the delta appreciating based “Bull Call Spread” in the counter.As we have appropriate time left for the expiry, it will be prudent to go for Delta Based strategy to capture … [Read more...] about Reliance forms a base, recommend delta appreciating based “Bull Call Spread”
Indian drug makers are staring at diminishing margins as raw material imports from China has increased while drug prices have stagnated. The cost of raw materials sourced from China has risen after Chinese government started cracking down on facilities that violate the country’s pollution control norms.Many production units have been mothballed till the required clearances are clinched. This has resulted in a drop in production, which has consequently led to price inflation. India is one of the largest markets for pharmaceuticals, but production of drugs is usually undertaken with imported raw materials and intermediaries.The pricing pressure on imports is hurting domestic manufacturers. Costly imports from China has led to an about 3 percent decline in Q1 FY19 margin for Laurus Labs, reports Business Line. Lack of an indigenous ecosystem for the extraction and processing of minerals, among other raw materials used in pharmaceuticals, could leave the sector vulnerable to … [Read more...] about Rising cost of Chinese raw materials eat into margins of Indian pharma companies