A lot of people are going for personal loans, which has seen 30% growth in the past two years.
Take the market dynamics into consideration before you invest, otherwise you may regret.
The mantras to creating wealth on the stock markets: Discipline. Patience!
Avoid mistakes most people make while buying a home, says Surendra Hiranandani, MD and Founder, Hiranandani Group of Companies.
Vasudeo Joshi, Head of Research of Man Financial, states his favourite picks from the midcap space.
Pierre Lavaud, president of Jetfin says that limited leverage is used by hedge funds in India. He states that there are no large scale redemptions from Indian hedge funds.
The focus of the fund manager could be diluted by the launch of several NFO's under his belt.
Head of Deutsche Equities Keshav Sanghi states that medium-term foreign investors are still positive on India.
Shankar Sharma of First Global expects global volatility to rise while he sees equities under pressure.
A host of companies, including giants like Reliance Industries are rushing in to finalise their interim dividend payments to outsmart a hike in dividend distribution tax (DDT) proposed in the Union Budget.
Jim Walker of CLSA believes that the sub-prime mortgage markets will impact the US credit system. In his view, global equity markets will factor in more risks.
Data points in India have always been a sticky issue but the FII figures divulged by the market regulator Sebi are turning out to be quite misleading.
Broadly, one could assess the impact of the Budget on personal financial planning from two angles. Check them out.
The rate of tax deduction at source (TDS) has been doubled from the earlier 5 per cent to 10 per cent for these professionals, reports Economic Times.
It's a scary market fall, albeit much anticipated. While, the reasons are largely global, it seems the Indian indices will remain in the tight grip of bears for sometime.
One can short-sell an ETF or buy on margin or even purchase one unit, which is not possible with index-funds/conventional MFs.
Let's hope the FM takes care of these issues in the forthcoming budget to give a further impetus to long-term financial planning.
ELSS, in general, is one of the best options among the instruments eligible for tax benefits under section 80C both in terms of potential to grow as well as tax efficiency of the returns.
This NFO does not offer anything new and investors would be well advised to monitor its performance for 3 years before investing.
Director of Unitech, Sanjay Chandra believes that with income levels and economy, both rising, the end-users or buyers are still there in the market and very actively still buying and does not expect any slowdown.