If you and your spouse have a young family to look after, you should buy the insurance product that takes care of your loved ones even if you’re not around.
Investors are often not aware of the kind of risks that are present in these instruments and hence they go out with a mindset that might not be appropriate for the investment.
This weeks 1001 Startup Idea is to establish a company that provides property management services room sharing aggregators.
Out of the near Rs 238 crore issue, only around Rs 100 crore will be utilised in the business for working capital requirement, repayment of debt and some acquisitions in future.
India’s software exports to the US are well regarded and in the long run should benefit from the strength of the US economy.
As Sir John Templeton said ‘Bull markets are known to be born on pessimism, grown on skepticism, mature on optimism and die on euphoria.’
The Indian Meteorological Department (IMD)’s prediction of an “above normal” summer is bad news for most, and yet music to the ears of investors in a dozen stocks that could gain from the heat wave.
As a result the Indian rupee hit a 16-month peak of 65.41 against the dollar on hopes of continued flows. This level was last seen in November 2015. At the current level rupee is the third best performing Asian currency after South Korean Won and Taiwanese dollar since the start of the calendar year.
Nifty closed above the 9000-mark yesterday in what was a red-letter day for the market. The last time the market came within sniffing distance of the magical figure was two years ago. On March 4 2015, it touched an intra-day high of 9119, a peak it surpassed on Tuesday.
Though private players have not taken the proactive step of creating assets, they have been participating in various government projects -- especially in road, railway and defence space. Over the last two years the speed of road building has picked up from 15.7 km per day in 2013-14 to over 20 km per day now. Nitin Gadkari, Minister for Road Transport and Highways and Shipping, is hoping to ramp it up to 30 km a day.
Thanks to the decisive mandate for Narendra Modi in Uttar Pradesh, the Nifty is set for a two-year closing high. It means that markets have come full circle two years to the month after a similar closing high on March 3, 2015.
A quarter century later that may well be relevant for Uttar Pradesh today where the BJP is set for a landslide victory riding on the wave of support for Prime Minister Narendra Modi.
HNIs, in the past, have made decent gains by leveraged IPO applications, borrowing money for IPOs that are expected to have a premium listing.
The media has been abuzz with the rumours of IndusInd Bank (IIB) and Bharat Financial Inclusion (BHAF) coming together. This isn‘t the first marriage in the space. In the past, IDFC Bank had acquired Tamil Nadu-based Grama Vidiyal Microfinance and Kotak Bank had acquired BSS Microfinance. So there are clearly merits of acquiring a Micro Finance Institution (MFI) for a bank.
Demonetisation was aimed at weaning people from cash. The government almost came close to realizing this dream when for a frenzied two months following the cash ban a lot of us got smart and downloaded a mobile wallet. But love for cash among Indians is…well…undying.
If past experience is any guide, exit polls are at best a good indicator of the trend. Hence, if we follow the trend on UP, it wouldn‘t be an overestimation to expect that BJP might emerge as a single largest party. Even if it doesn‘t cross the 50 percent seat mark, such an outcome is unlikely to rattle the markets beyond a day.
The minimum balance limit news clashed with that of private sector banks charging for withdrawals above four free transactions, thus triggering a debate in social media. ICICI Bank, HDFC Bank and Axis Bank are charging a minimum of Rs 150 per transaction on deposits or withdrawal beyond the first four transactions.