Unlike other instruments like PPF, NSC and Long term deposits, an ELSS is a long-term wealth creator due to its consistent equity exposure.
Markets, however, have remained robust despite the negative news flow as liquidity in the system from domestic investors helps bring stability despite selling by foreign players.
RBI might continue to intervene in the market to prevent appreciation that can cause incremental damage to the economy.
Here are the various features of top-up home loans and how they compare with other credit alternatives like personal loan, gold loan, credit card loans.
Prima facie, the IPO satisfies Warren Buffet’s cardinal principal of investing - a business that is easy to understand, has favourable long-term prospects and operated by honest and competent people.
The government slapped a hike of 2 percent on mid-size sedans, 5 percent on luxury cars and 7 percent on sport utility vehicles. These will be added to the 15 percent cess charged on such vehicles over and above the GST of 28 percent.
The Emergency is widely considered a dark chapter in Indian history. However, those defending it point to the positives including punctuality of the trains. But did they really run on time?
Government’s policy initiative to switch to cleaner fuels has made the sector grow exponentially in the last decade, and the demand-side boost provides significant tailwinds for gas retail companies.
'As a financial advisor, I tend to correlate everything I read to us, our lives and how we can ensure that we invest better to make our lives richer'.
With the exit of US Fed Vice Chair Stanley Fischer, it creates four vacancies in the 7-member board of governors in Federal Reserve and gives enough leeway to President Trump to work on his banking reforms.
At present, a company can hold 50 percent spectrum in a particular band and there is an overall cap on holding 33 percent spectrum.
On a more basic issue returning money to the shareholders at prices above the intrinsic value destroys shareholder value in the long-term.
To fill the massive gap of affordable housing in India, the government has come up with a spate of many initiatives.
While the current quarter is witnessing a speeding up of GST transition and restocking, improved ad spending is expected only in Q3 2017.
The average SIP size is Rs 3,250 and the month-wise collection through SIPs is just under Rs 5,000 crore per month now. It shows investors are walking in the right direction.
Balanced, MIPs, Equity Savings and Dynamic Allocation are categorized as Hybrid funds
Benefits of digitisation have started showing on the Indian economy. Aadhaar has clearly emerged as the government’s trump card in winning crucial hands.
Studies conducted a few years back showed that performance of a random entry strategy can be improved by a proper well-defined exit strategy.
To enhance their income portfolio, smart investors must consider entering the realm of P2P lending, seek relevant information and build diversified portfolios accordingly. The basic idea is to have a clever risk-to-reward strategy while starting small but thinking big...
There is a Patanjali moment underway in the Indian pharmaceutical industry that is likely hurting pharmaceutical companies and everyone linked to it.
The BRICS summit declaration provided an early victory for Indian diplomacy. Further, in the bilateral meet between Modi & Xi, China reaffirmed following principles of “Panchsheel” treaty and emphasized on not letting differences become disputes.
There are often bizarre stories of outrageous fraud but if you are to dig down and look at it, most of these could have been avoided if the victims, at some point or other, had been careful and used common sense methods to safeguard themselves.
Greed and fear are the two ends of the pendulum and the market swings from one extreme to another
Cluster development has been in existence for almost half a decade but it has not showed any results yet
The issue size of close to Rs 599.3 crore (at the upper end of the price band of Rs 1760 – 1766 per share) is a combination of fresh issue worth Rs 60 crore (0.03 crore shares) and offer for sale of 0.3 crore shares.