Interview with Richard Rekhy, chief executive officer of KPMG India.
It will improve the purchasing power of many buyers, but high interest payout will be a deterrent.
In the past month, when the Essel Group started picking up shares of the company, IVRCL's stock has risen 31 per cent, a rare feat in a market where infrastructure stocks have been suffering due to slow movement in projects and high interest burden.
There could possibly be some reduction in home/auto loan outgo.
Higher returns, more liquidity draw individual investors to savings accounts.
Till October 14 this year, FIIs were net sellers in equities at Rs 1,132 crore (Rs 11.32 billion) while their debt exposure stood at Rs 20,029 crore (Rs 200.29 billion). This is the first time since 2008 that FIIs are net sellers in equities.
'Prevention is better than cure' seems to be the focal point of the latest action points of the Reserve Bank of India (RBI) in the Annual Conference of Banking Ombudsman. So, the apex bank is looking at setting a template of good customer service that will prevent consumer grievance.
For home buyers in Noida Extension things have just gone worse. While banks have decided not to disburse loans to residential properties in the area, including those that had no litigation against them, builders are threatening to charge a penalty if payments are not made according to the existing contracts.
Motor insurance is one place where it is easier to avail discounts - on account of your/driver's profile, car model, city, age and low claim history.
Option can be exercised only for self-applications and after a year of non-payment.
Buyers of insurance products always get confused with charges.
MMID is a seven-digit number issued by your bank for transactions through mobile banking.
Sebi had acted against 10 brokerages after over 10,000 investors failed to get shares in last year's Coal India IPO in spite of legitimate applications.
The scheme will invest in gold exchange-traded funds of all Sebi-approved mutual funds, along with capital protection.
Three-four funds have recently collected money from Indian HNIs, with an average ticket size of anywhere between Rs. 50 lakh to Rs. 1 crore.
This makes stock-picking by retail investors difficult, but market experts say they need to understand that institutional players do not have a cookie-cutter approach to investing.
Apprehensive about the July 1 switch, say there are issues to be addressed.
The inflows from foreign institutional investors of $29 billion last year gave the markets above-normal liquidity. This year, the trade has reversed in favour of the developed markets.
Doing so can make a big difference to your tax liability.
The recently changed State Bank of India's (SBI's) formula to calculate home loan rates has stumped many.
© 2025 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances