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[ad_1] The government on Friday said it was “very concerned” about the sharp decline in the Life Insurance Corporation of India (LIC) stock after the insurer’s listing, and said its management will look into all aspects of the fall, keeping investors’ interest in mind. The LIC stock, having fallen for the ninth consecutive session, closed at Rs 709.70 apiece on Friday. At the current price, the insurer’s market capitalisation is just Rs 4.49 trillion, down 25.4% from Rs 6.02 trillion, the value as per the issue price of Rs 949. While the lock-in period for anchor investors will end on Monday, selling pressure on the stock is apparently not easing. Speaking to reporters here, Tuhin Kanta Pandey, secretary at the department of investment and public asset management (DIPAM), said the stock’s fall was a “temporary blip as investors are taking time to understand the fundamentals of the company and its business profile”. Pandey added that the LIC management would “look into all these aspects with a view to raising the shareholders’ value”. The official said LIC’s embedded value (EV) will be updated by month-end, taking into account the March quarter results. “The market doesn’t have updated EV for reference, hence it is conjecturing. Rate of future growth of insurance companies can be assessed only via EV. The increased EV, as at March-end, will give a forward-looking view to the market as it will also include the number of new customers for the insurer,” Pandey said. According to experts, lack of interest from foreign investors in LIC, volatility in the overall equity markets and the poor March quarter results have impacted the stock performance. Speaking to FE earlier, VK Vijayakumar, chief investment strategist, Geojit Financial Services, said, “LIC’s issue price at 1.1 times embedded value was fair, however, the poor market sentiments and poor Q4FY22 results have impacted sentiments for the counter.” As per the papers filed with the Securities and Exchange Board of India (Sebi) for the IPO, LIC’s embedded was Rs 5.4 trillion at the end of September 2021. In its first earnings report after listing, LIC posted a 17.4% decline in net profit at Rs 2,409.39 crore in the March quarter against Rs 2,917.33 crore in the year-ago period. However, the insurer’s management said the numbers were not comparable. The firm had reported net profit of Rs 234.91 crore for Q3FY22, up from Rs 94.23 lakh in the year-ago period. In FY21, it reported a net profit of Rs 2,734.34 crore, an increase of 14% over the previous year. LIC manages as many as 300 million life insurance policies. Most of the policies are “participatory” in nature, meaning policyholders get the most of its profits. The policyholders’ share in profits will decrease to 92.5% from April 2022 and go down further to 90% in FY25, thereby increasing returns for shareholders from a larger pool) of profits. LIC is changing its business strategy by focusing more on the non-participatory policy segment, where most of the profit accrues to shareholders, which would boost its EV going forward, analysts feel. [ad_2] Source link

[ad_1] if(typeof(jQuery)==”function”){(function($){$.fn.fitVids=function(){}})(jQuery)}; jwplayer(‘jwplayer_P7RJIODR_VP7vd3n1_div’).setup( {“playlist”:”https://content.jwplatform.com/feeds/P7RJIODR.json”,”ph”:2} ); Touchless Lending Touchless Lending is an AI-Powered Lending-as-a-service platform that provides end-to-end mortgage manufacturing. This one-of-a-kind software solution allows lenders to originate more mortgages at a faster rate, while also reducing costs.  Loan officers, processors, and underwriters alike now have access to use Touchless Lending’s Optimized Workflows to engage with data and make decisions faster, instead of relying on physical documentation and manual data entry. Touchless Lending integrates effortlessly with your existing systems, including the LOS, and automates loan production. Product Fast Facts #1 Collateral analysis can be integrated with any commercial or homegrown LOS and integrated with any appraisal service. #2 Collateral analysis will verify loan and appraisal data from trusted sources to ensure data consistency with the system of record. #3 Collateral analysis can consume and analyze both .xml and .pdf appraisals, to support retail, wholesale, and correspondent business. Get More Info The post HousingWire June Demo Day: Tavant appeared first on HousingWire. [ad_2] Source link

[ad_1] Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors. Five-Dollarama  In an otherwise quiet North American earnings week, investors looked to the Dollarama (DOL/TSX) earnings call to get the latest information on which way consumer winds were blowing. It turns out that they’re blowing towards deep-discount dollar stores. Dollarama announced a blistering 20.9% increase in adjusted earnings for its first quarter, to $300 million. Diluted net earnings per share were up 32.4%. The company also took the opportunity to announce a 9.9% dividend increase. Share prices were up roughly 3% on Wednesday. When we combine Dollarama’s quarter with the excellent first-quarter earnings announced by Dollar General (DG/NYSE) and Dollar Tree (DLTR/NASDAQ) a few weeks ago, as well as the recent troubles at large retailers like Target, it’s clear that consumers are becoming much more budget-conscious when buying everyday goods during this inflationary period. Also of note is the fact that Dollar Tree and Dollar General posted excellent quarterly results a few weeks ago. Interestingly, Dollarama also announced that it’s lifting its top price point from $4 to $5, so it can expand its product mix. I can’t think of a clearer sign that inflation is trickling down to reach all parts of the economy.   Neil Rossy, president and CEO of Dollarama, stated, “With the lifting of COVID-19 restrictions across Canada early in the quarter, we were pleased to see a double-digit increase in customer traffic, coupled with strong demand for our affordable, everyday consumables and seasonal goods.” He went on to add, “Our strong performance across key metrics in the first quarter reflects the relevance of our business model and positive consumer response to our value proposition in a high-inflation environment.” Given the mixed retail results we’ve seen during the first quarter, two things have become readily apparent: 1) Consumers are shifting their preferences away from the “all goods all the time” pandemic trend and back to a more service-heavy buying pattern.  2) Retailers that can control their expense budget lines while also doing their best to rein in price increases will be rewarded by cost-conscious buyers. Does high inflation = high returns for gold? On Friday morning, the U.S. Labor Department announced that U.S. inflation hit a new 40-year high of 8.6% in May, more than Wall Street was expecting. Disappointed investors quickly pushed the Dow down more than 2.5%, the NASDAQ down more than 3% and the TSX more than 1.5%. All of which might augur well for the price of gold, one might think. But apparently not: The price of gold has gone up nearly 40% over the last three years, but the current price of USD$1,852 per ounce is down from a high of USD$2,035 in August 2020. Source: Business Insider While folks such as Harry Browne and his “Permanent Portfolio” have proposed gold as an inflation hedge in the past, it hasn’t been all that useful in a hedging capacity in recent memory.  In fact, contrary to many people’s almost religious devotion to the precious metal, gold hasn’t been a very good long-term investment. (You might remember my column from a few weeks ago, when I explained that bitcoin being called “digital gold” wasn’t exactly a compliment.) That said, whether or not you believe the price of physical gold will go up, the cash flows and profit margins of gold mining companies are often a little easier (and more profitable) to predict. Gold miners have done well over the past three years, and generally speaking, when the price is over $1,200 per ounce, Canadian mining companies have no problem making money.   Gold Fields (GFI/JSE), the world’s sixth-largest gold miner, made news last week when it announced the $6.7-billion acquisition of Canada’s Yamana Gold (YRI.TO). The all-share deal valued Yamana stock at a 33% premium over its 10-day moving average. Initially, the deal was viewed as a sign of strength in the sector, but with Gold Fields shares dropping 23% since the announcement, the reaction has become mixed, and there is some skepticism as to whether the deal will get completed. If you’re looking to invest in gold, there are much easier ways of getting portfolio exposure than buying a vault to house bars of the shiny stuff. Canada has several ETFs that allow you to invest in gold in a variety of ways. The Horizons Gold ETF (HUG/TSX) uses futures contracts (a.k.a. “paper gold”) to track the price of gold, while the iShares S&P/TSX Global Gold Index ETF (XGD/TSX) will give you instant exposure to gold mining companies operating in Canada and around the world. Finally, the iShares Gold Bullion ETF (CGL/TSX) actually takes investors’ money and purchases physical gold bullion.  You can read more about my take on investing in gold and check out MoneySense’s look at whether gold is worth adding to an investment portfolio. If not mineral gold, how about the liquid variety? While the world’s stock markets have not done particularly well in 2022, Canada’s energy sector has cushioned the blow for investors in Canadian equities (as illustrated by the VXC ETF vs. VCN ETF battle below). Source: Google Finance A large part of this outperformance for Canada has been due to companies in the fossil fuels extraction and production industries.  Source: Google Finance There is no question that the same high oil prices that have caused a lot of the inflation we are seeing around the world are also fuelling massive profits for some of Canada’s largest companies. Moreover, investors are demanding more efficiency from producers, instead of the growth-at-all-costs model of previous oil booms. This focus has resulted in not only increased production, but also pretty incredible profit margins.   Of course, Canada isn’t alone in cashing in on high fossil fuel prices. Saudi Aramco is gushing so much profit that it recently regained its status as the most valuable company in the world. Natural gas giants such as Qatar Energy are enjoying perhaps

[ad_1] Do you believe making money online is more fantasy than reality? It’s not – the evidence is the tens of thousands of people who are making money online from home right now. To help you make this dream a reality, we’re providing this guide of the 25 best ways to make money online from home. You can skim the table below, which lists all 25 with earning potential, skills needed, and difficulty level. But you can read the summaries that follow to get a more detailed description of each. Strategy Earning Potential Skills Needed Difficulty Level Launch Your Own Blog $100s to $1,000s per month Technical website knowledge, subject expertise, writing ability, social media skills High Take Online Surveys A few dollars to several $100 per month, but often payment in points Personable, opinionated, informed Low Invest with Peer-to-Peer Lending A few dollars to several $100 per month Capital to invest, basic credit knowledge, risk tolerance Low Sell Homemade Items on Etsy A few dollars to several $1,000 per month Creativity, craft related skills, marketing skills Moderate Rate Products and Services on MyPoints A few dollars to several $100 per month General knowledge of products and services Low Become an Online Freelance Writer $100 to $1,000 per article, based on skill level Good research & writing skills, creativity, basic understanding of SEO High Get Paid to Watch and Rate Online Videos A few dollars to several $100 per month General knowledge of products and services Low Sign Up for Fiverr A few dollars to several $100 per month Varied skills, good time management Moderate Take Photos and Sell Them Online A few dollars to several $100 per month Strong photography skills and an understanding of what the market is looking for Moderate Host Travelers in Your Home $100s to $1,000s per month Attractive home in a popular destination, good customer service skills High Make YouTube Videos $3 to $5 per 1,000 views Excellent voice and communication skills, an eye for relevant content, basic knowledge of video equipment High Investing in Cryptocurrency $100s to $10,000s per month Capital to invest, high risk tolerance, basic understanding of cryptocurrency trends Moderate Crypto Savings Accounts $100s to $1,000s per month Capital to invest Low Trade Options $100s to $10,000s per month Capital to invest, high risk tolerance, basic understanding of stocks and options trading High Amazon FBA $1,000+ per month  Ability to identify profitable sale items, marketing and organizational skills High Create an Online Course $100s to$1,000s per month  Expertise in a popular topic, presentation and marketing skills High Deliver Food $100s per month  Punctuality, speed, good time management, conscientiousness a reliable vehicle High Join a Focus Group A few dollars to several $100 per month Comfortable in a group setting, articulate, willing to share opinions  Low TikTok A few dollars to several $1,000 per month Good networking skills, high awareness of trending events Moderate Create and Sell Ebooks $100s to $1,000s per month Strong knowledge of popular/trending topics, good writing skills, networking, marketing, social media skills High Build a Dividend Portfolio A few dollars to several $1,000 per month The size of your capital base will determine your income Moderate Become a Tutor Several hundred dollars per month Degree or certificate, specialization in common subject, good people skills Moderate Flipping Websites Unlimited, varies by personal skills and abilities Web development and design, content creation and marketing, social media skills and networking High Real Estate Crowdfunding A few dollars to several $1,000 per month, depending on investable capital and type of crowdfunding engaged in Investable capital, basic understanding of real estate investing Moderate Gigsalad A few dollars to several $100 per month Photography, music, graphics, home repair, home improvement, skills, etc. Moderate #ap90146-ww{padding-top:20px;position:relative;text-align:center;font-size:12px;font-family:Lato,Arial,sans-serif}#ap90146-ww #ap90146-ww-indicator{text-align:right;color:#4a4a4a}#ap90146-ww #ap90146-ww-indicator-wrapper{display:inline-flex;align-items:center;justify-content:flex-end;margin-bottom:8px}#ap90146-ww #ap90146-ww-indicator-wrapper:hover #ap90146-ww-text{display:block}#ap90146-ww #ap90146-ww-indicator-wrapper:hover #ap90146-ww-label{display:none}#ap90146-ww #ap90146-ww-text{margin:auto 3px auto auto}#ap90146-ww #ap90146-ww-label{margin-left:4px;margin-right:3px}#ap90146-ww #ap90146-ww-icon{margin:auto;display:inline-block;width:16px;height:16px;min-width:16px;min-height:16px;cursor:pointer}#ap90146-ww #ap90146-ww-icon img{vertical-align:middle;width:16px;height:16px;min-width:16px;min-height:16px}#ap90146-ww #ap90146-ww-text-bottom{margin:5px}#ap90146-ww #ap90146-ww-text{display:none}#ap90146-ww #ap90146-ww-icon img{text-indent:-9999px;color:transparent} Ads by Money. We may be compensated if you click this ad.Ad #ap90146-w-map{max-width:600px;padding:20px 0 10px;margin:0 auto;text-align:center;font-family:”Lato”, Arial, Roboto, sans-serif}#ap90146-w-map #ap90146-w-map-title{color:#212529;font-size:18px;font-weight:700;line-height:27px}#ap90146-w-map #ap90146-w-map-subtitle{color:#9b9b9b;font-size:16px;font-style:italic;line-height:24px}#ap90146-w-map #ap90146-w-disclosure{margin-top:10px;font-size:12px;color:#9b9b9b}#ap90146-w-map #ap90146-w-map-map{max-width:98%;width:100%;height:0;padding-bottom:65%;margin-bottom:20px;position:relative}#ap90146-w-map #ap90146-w-map-map svg{position:absolute;left:0;top:0}#ap90146-w-map #ap90146-w-map-map svg path{fill:#e3efff;stroke:#9b9b9b;pointer-events:all;transition:fill 0.6s ease-in, stroke 0.6s ease-in, stroke-width 0.6s ease-in}#ap90146-w-map #ap90146-w-map-map svg path:hover{stroke:#1261C9;stroke-width:2px;stroke-linejoin:round;fill:#1261C9;cursor:pointer}#ap90146-w-map #ap90146-w-map-map svg g rect{fill:#e3efff;stroke:#9b9b9b;pointer-events:all;transition:fill 0.6s ease-in, stroke 0.6s ease-in, stroke-width 0.6s ease-in}#ap90146-w-map #ap90146-w-map-map svg g text{fill:#000;text-anchor:middle;font:10px Arial;transition:fill 0.6s ease-in}#ap90146-w-map #ap90146-w-map-map svg g .ap00646-w-map-state{display:none}#ap90146-w-map #ap90146-w-map-map svg g .ap00646-w-map-state rect{stroke:#1261C9;stroke-width:2px;stroke-linejoin:round;fill:#1261C9}#ap90146-w-map #ap90146-w-map-map svg g .ap00646-w-map-state text{fill:#fff;font:19px Arial;font-weight:bold}#ap90146-w-map #ap90146-w-map-map svg g:hover{cursor:pointer}#ap90146-w-map #ap90146-w-map-map svg g:hover rect{stroke:#1261C9;stroke-width:2px;stroke-linejoin:round;fill:#1261C9}#ap90146-w-map #ap90146-w-map-map svg g:hover text{fill:#fff}#ap90146-w-map #ap90146-w-map-map svg g:hover .ap00646-w-map-state{display:initial}#ap90146-w-map #ap90146-w-map-btn{padding:9px 41px;display:inline-block;color:#fff;font-size:16px;line-height:1.25;text-decoration:none;background-color:#1261c9;border-radius:2px}#ap90146-w-map #ap90146-w-map-btn:hover{color:#fff;background-color:#508fc9} Invest as little or as much as you want with a Robinhood portfolio. With Robinhood, you can build a balanced portfolio and trade stocks, ETFs and options as frequently as you want, commission-free. Click your state to start investing today! HawaiiAlaskaFloridaSouth CarolinaGeorgiaAlabamaNorth CarolinaTennesseeRIRhode IslandCTConnecticutMAMassachusettsMaineNHNew HampshireVTVermontNew YorkNJNew JerseyDEDelawareMDMarylandWest VirginiaOhioMichiganArizonaNevadaUtahColoradoNew MexicoSouth DakotaIowaIndianaIllinoisMinnesotaWisconsinMissouriLouisianaVirginiaDCWashington DCIdahoCaliforniaNorth DakotaWashingtonOregonMontanaWyomingNebraskaKansasOklahomaPennsylvaniaKentuckyMississippiArkansasTexas Start Investing Today Our 25 Best Ways to Make Money Online in 2022 1.        Launch Your Own Blog Earning Potential: $100s to $1,000s per month Skills Needed: Technical website knowledge, subject expertise, writing ability, social media skills Difficulty Level: High This is admittedly one of the more difficult ways to make money online. You’ll need a deep desire to get your message out, whatever that message is. And then you’ll need a commitment to providing content on a regular basis, and a willingness to learn how to market that content. But it is possible, and thousands of people are doing it. Have a look at our Make 1K Challenge to encourage yourself to get started and to keep going. If you sign up now, you can get a FREE domain name when you sign up from this website. 2.        Take Online Surveys Earning Potential: A few dollars to several $100 per month, but often payment in points Skills Needed: Personable, opinionated, informed Difficulty Level: Low This might be the most common way to make money online. You can participate in popular online survey platforms, like SurveyJunkie and Inbox Dollars. And while it’s possible to earn cash, an increasing number of survey services compensate you in points, which are redeemable for prizes or

[ad_1] The post The Best Side Hustles for Animal Lovers appeared first on Millennial Money. Imagine spending the entire day with animals and making money, all without having to go to vet school! Sound too good to be true? It’s not. It’s called having a pet side hustle (or job!). If you love spending time with animals and are looking for a side hustle, why not combine the two? There are countless side hustles for animal lovers out there to cushion your bank account… and heart. Whether you’re interested in just walking the occasional dog or starting a full-time animal grooming business, this is everything you need to know about side hustles for animal lovers.  How to Pick an Animal Side Hustle There’s no shortage of lucrative pet side hustles. The question is, which side hustle or second job is right for you? There are pros and cons to any kind of animal-related job, and it’s ultimately up to you and how your skills and interests line up with each hustle. Here are some questions to ask yourself:  What’s my favorite part of spending time with animals? How much time each week do I have to dedicate to this side hustle? Am I willing to take a course to get certified for new, relevant skills? Am I willing to put money into starting up my own business? How much? How much money do I want to make? Once you’ve answered these questions, you’ll be better equipped to take a look at the below side hustles for animal lovers.  For example, if your favorite thing to do with animals is snuggle up on the couch and watch Netflix, pet boarding might be for you.  If it’s going on a run in the park with a dog on a leash, dog walking would be more appropriate.  And if it’s dressing up your dog in silly outfits and doing mini photoshoots, you might want to consider pet photography.  You get the point! Another thing to consider is how much time you have. If you have a full-time job and are just trying to add some extra cash to your wallet, you probably don’t have time to start up a dog grooming or pet photography business.  So consider your schedule and earnings goals before you take the leap. 8 Top Side Hustles for Animal Lovers Dog walking Pet sitting Dog training Pet grooming Pet photography Dog adventures/hikes Pet influencer Raising chickens for eggs 1. Dog Walking Most dogs need a daily walk to stay happy and in shape. And while their dog owners might love walking their fluffy friend, they might be too busy to do it every day. That’s where you come in.  Whether you find one dog to walk in your neighborhood once a week on Wednesdays (I do that) or find a family with four dogs that need three walks a day every day, a dog walking side hustle can be very profitable.  You might also want to check out these outdoor side hustles for jobs that keep you outside and active. Average income: $22.56 per 30-minute walk. 2. Pet Sitting When pet owners go on vacation, they usually need someone to give their animals love and care while they’re away.  This doesn’t apply to just dogs, of course. You can get gigs watching cats, turtles, iguanas, gerbils, rats, fish, snakes, and more (I once watched someone’s pet snail).  For this gig, you’ll either post up at the pet owner’s house for a few days or invite the animal into your home (as long as it’s safe to do so!).  But make sure that you actually know how to take care of the animal. Here are some resources for basic dog care and cat care.  Average income: $25 per 30-minute visit, $25 per day, $60 per night, or $312.50 per week. But these rates fluctuate a lot based on how many pets there are, what kind of pets, and your experience. 3. Dog Training While this one will require more schooling than dog walking or pet sitting, dog training can be a highly lucrative side hustle (or career!). You’ll want to choose a dog training specialty to have the best chance of finding niche clients. Here are some dog training specialties to choose from: Puppy training General obedience Therapy dogs Sports training Dogs with separation anxiety Reactive dogs Aggressive dogs Average income: between $30 and $80 per class. 4. Pet Grooming Similar to dog training, you’ll need to learn how to become a pet groomer through further education. Pet groomers need to study with a state-approved grooming school and ideally get certified with the National Dog Groomers Association of America.  But once you’ve learned the ropes, pet grooming can be quite a rewarding and creative job. To get started, learn some animal grooming basics to see if it’s something that interests you. Average income: between $60 and $90 per session. 5. Pet Photographer If you’re talented with a camera, you could take photos of people’s pets as a side hustle or job!  Think: Christmas cards, pet portraits, or even a cat tea party photo shoot (hey, you’re the artist! Anything goes).  While it might take a bit of time to get set up, if you find your niche, everyone in the neighborhood might just sign up to get you to take photos of them and their best friends. Average income: $120 to $200 per photoshoot. 6. Dog Adventures/Hikes In addition to offering regular dog walks around the block, you could bump up your rates a bit and offer to take people’s pets into the wilderness for adventures.  Dogs are domesticated wild animals, after all, and would love a chance to get out of the city and hike a mountain!  For busy dog parents who can’t go hiking at 1 p.m. on a Tuesday afternoon, this kind of offering could be a real special treat for their pet. Average income: This animal side hustle is a bit more niche, but our

[ad_1] Love Chacos? This is a great deal on their Flips and Slides! Note: If you’re having trouble getting this deal to work, please not that it is only valid on specific colors and you MUST choose a color from this sale landing page in order for this deal to work. Through June 13th, Chaco is offering select Chaco Chillos Flips and Slide Sandals for just $20 shipped when you use the promo code CHILLOSDEAL at checkout! There are 25 different sandals included in this sale including men’s, women’s and kid’s. These are regularly up to $50 and this is such a rare deal on this brand. Shop the entire Chaco sale here. Valid through June 13, 2022, while supplies last. [ad_2] Source link

[ad_1] Swedish central bankers snipe Bitcoin mining, cite rampant energy use [ad_2] Source link

[ad_1] Rajya Sabha Election Results 2022 Live Updates, Rajya Sabha Chunav Results 2022 News: While counting of votes has begun in Rajasthan and Karnataka, it is yet to start in Maharashtra and Haryana after the BJP approached the Election Commission seeking cancellation of polls in both states, alleging violation of rules. The BJP accused three MLAs of the ruling coalition MVA in Maharashtra and two of the opposition Congress in Haryana of “compromising and vitiating” the Rajya Sabha poll process in their states by openly displaying ballot papers and urged the Election Commission to cancel their votes. The contest narrowed down after 41 out of the 57 new members were elected unopposed in 11 states. Prominent among those in the fray are Union Ministers Nirmala Sitharaman and Piyush Goyal, Congress candidates Randeep Surjewala, Jairam Ramesh and Mukul Wasnik, and Shiv Sena’s Sanjay Raut. All are expected to win without a hiccup. [ad_2] Source link

[ad_1] Planning to take the family camping this year? Here’s a great deal on a tent! Walmart has this Ozark Trail 13′ x 9′ 8-Person Instant Cabin Tent for just $99 shipped right now! This 8-person tent requires no assembly because the poles are pre-attached to the tent. Just unfold, extend the legs, stake the feet and you are ready to camp. It comfortably fits two queen airbeds or up to 8 campers in sleeping bags on the floor. Thanks, Hip2Save! [ad_2] Source link

[ad_1] Mastercard to allow 2.9B cardholders to make direct NFT purchases [ad_2] Source link