The International Financial Services Centres Authority is set to release the consultation paper within the next two weeks.
Gold prices have witnessed 13.62 percent increase since the start of 2024
“Gold, much more so than any other commodity, is about sentiment and psychology.”—Peter Lynch
The net proceeds from the offering of the Bonds will be used to repay (including by way of tender offers, redemptions, or otherwise) certain of Vedanta’s existing bonds (including any accrued interest thereto) and to pay any related transaction costs in connection thereto, the company said.
For an investor who does not have the time or inclination to keep re-balancing h/her portfolio, this category of products allows them to invest in a single mutual fund and in the background the fund manager manages the allocation.
From capping the exemption limit under Section 54F to limiting exemptions on reinvestment in real estate for tax savings, the government’s moves over the years appear to have made real estate less speculative and more favourable to genuine homebuyers
Close to 90 percent well-heeled Indian parents say they want to fund their child’s education overseas, despite the costs involved making up 64 percent of their required retirement corpus. Over 58 percent plan to work even post their retirement.
Investing can be a daunting task, especially for those just starting out. However, with the right knowledge and approach, it can be a rewarding journey towards financial growth. Here is a beginner's guide to investing, covering essential concepts and practical tips.
Majority of the Sovereign Gold Bonds have been trading at a premium on secondary markets as street chatter grows that the government might halt any more tranches. To add to this, the Reserve Bank of India recently allowed premature redemption of SGBs issued between May 2017 and March 2020. Lovisha Darad discusses if investors should hold on to their SGBs until maturity or not.
A significant portion of the rally in mid-caps can be attributed to the substantial inflows of mid-cap, small-cap, and sectoral/thematic funds. Mid-cap funds, which attracted just Rs 500 crore in 2020, saw inflows of Rs 1,600 crore in July 2024 alone and a total of Rs 22,900 crore in 2023
Women entrepreneurs need to have a solid financial foundation. Consider stocks, bonds, mutual funds, real estate, and retirement accounts like Public Provident Fund (PPF) and National Pension System (NPS).
Spot gold held its ground at $2,493.34 per ounce by 0200 GMT after hitting its lowest level in more than a week on Tuesday. U.S. gold futures were nearly unchanged at $2,524.80.
Its inaugural bond issue in June this year received bids that were almost five times the size of the base issue, and traders anticipate a similar level of interest for future debt offerings from India's newest infrastructure lender.
Hybrid funds are suitable for SWPs only if you can stomach the periodic volatility in the markets. Else, a debt mutual fund would be the best option to withdraw from for peace of mind.
The schemes of the fund have carried out net sale of 1.95 crore shares of the company from the last filing submitted on January 31, 2024.
Domestic gold prices were around ₹71,900 per 10 grams on Friday, after dropping to a four-month low of ₹67,400 on July 25.
Atal Pension Yojana is a government run pension scheme that gives assured income to the people in the unorganised sector. It invests up to 15 percent in equities. Three pension fund managers, LIC, SBI and UTI, manage the entire corpus
Gold prices fell slightly on Friday but are poised for a second consecutive monthly gain, up about 3% this month, as traders await U.S. inflation data and Fed rate cut signals.
'There are both kinds of customers/investors - those who want digital access and those who want in person interaction. My technology should work for both,' says Shah at Global Fintech Fest 2024
Central banks bought 483 tonnes of the precious metal in the first half
Roger Federer’s tennis philosophy offers valuable lessons for value investing: success requires hard work, earned confidence, strategic preparation, and learning from losses. Federer’s wisdom highlights the dedication and resilience needed to excel in both fields
The issue received a strong response from investors with a total demand of Rs 15,020 crore from 146 bids. This helped the bank price the issue at a competitive rate of 7.30 percent pa.
In October 2022, ESMA said it would de-recognise Clearing Corporation of India citing a lack of permit rights for audit and inspection of trades on CCI. Sources told Moneycontrol that talks between the RBI and ESMA have made progress.
To assess your investment success evaluate your portfolio’s performance over time. Compare randomly picked portfolios and ask questions like the process used, consistency of profits, and risks taken
Since there is little or no scope for new SGB launches, these premature redemption windows may draw fewer tender requests. Experts advise investors to stick to their asset allocation mandate.