How to become rich: Top 10 investment options for New Year that can make you rich

If you wish to become rich, make a plane, and start investing early. All of us wonder how we can make money without much effort. However, only a few follow the winding path towards becoming rich. To become rich, a person needs to have a good financial plan and also learn how to invest. Once you learn the art and science behind making idle money work for you, you will have a better chance at becoming rich effortlessly. Needless to say, one can become financially stable if they inculcate the habit…

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5 important investment lessons 2019 taught us

Fixed deposits remain the preferred investment tool for countless Indians, especially for risk-averse investors like senior citizens and retirees Representational image  |  Photo Credit: BCCL Analysing financial events and practices of the past can help us improve our financial habits in the future. The calendar year 2019 has left a trail of learnings for all of us to ponder upon – things that can lead us to making wiser financial decisions in 2020 and beyond. I’ve highlighted a few of such money lessons that 2019 taught us to ensure we enter…

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China’s investment in highways, waterways up 2.9 pct in Jan.-Nov.

BEIJING, Dec. 22 (Xinhua) — China’s fixed-asset investment (FAI) in highways and waterways registered steady growth in the first 11 months of the year, official data showed. Total FAI in highways and waterways reached 2.16 trillion yuan (about 294 billion U.S. dollars) during the January-November period, a year-on-year growth of 2.9 percent, according to statistics from the Ministry of Transport. Specifically, investment in inland rivers expanded 7.5 percent to reach 54.75 billion yuan, while that of highway construction recorded a growth rate of 1.9 percent to 2.02 trillion yuan during…

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For investors, digital health data outweighs algorithms

Venture capital firms first look for useful and unique data when they invest in digital health companies. At the SoCalBio Digital Health Conference, representatives of six Southern California-based firms agreed that having access to good data outweighs even the most sophisticated algorithms. Both technology and health care firms are investing in companies using AI to solve health care’s most costly problems, said Milo Bissin, director of life science and health care for Silicon Valley Bank. The amount of investment in health tech companies has grown significantly in the last five…

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Govt plans to increase overseas investment limit in insurance to 74%

With an aim to attract long-term investment from overseas, the Indian government is planning to increase the Foreign Direct Investment (FDI) limit for insurance firms to 74% from the current 49% in the upcoming Union Budget. The Insurance Regulatory and Development Authority of India (IRDAI) is seeking inputs from the industry on government instructions and a report is expected to be submitted soon, said an ET report quoting a source aware of the development. On December 2, IRDAI in a letter to insurance firms had sought the opinion of stakeholders to increase…

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The pros and cons of keto cycling, according to health and medical experts

Fans of the high fat, low-carb keto diet praise its appetite-crushing benefit, which is why keto dieting is so popular for weight loss. But since we don’t live in a keto-friendly world, the call of carb-rich fare — from healthy options, like fruit, yogurt and oatmeal to less healthy foods, like pizza, French fries and dessert — can make it hard to stick with the keto diet. Even if you’re not craving carbs, a normal social activity, like dinner at a friend’s house, can pose problems. Enter keto cycling. In this fairly new approach, you cycle on and…

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