Bill Gates is entering his golden years. Here is some free advice for him, worth every penny.
In a meeting chaired by state chief secretary Atul Kumar Gupta yesterday, the ETF recommended invitation of fresh bids for setting up the power plants at Bara and Karchhna in the Allahabad district. However, this has to be ratified by the state Cabinet first to take effect. This would be the third time that the state government would invite bids for the two power plants, which have failed to take off in spite of much fanfare with which they were initially announced.
Gold exchange-traded funds are back in the limelight. After a dull three-month period, a sudden slump in the US stock market last week has investors flocking to buy gold. In the past one week alone, gold prices have increased nearly 15 per cent in the international market.
A primer on tax you pay on your mutual fund gains
A depreciating dollar and the uncertainty in the equity markets globally are adding to the sheen of the yellow metal. With gold prices surging 20 per cent in the last two months, Gold ETFs are back in focus.
Gold as an asset class has shown its mettle in the last one year. Especially in the past six months when the equity markets have been on a downslide, this yellow metal has continued to move northwards. And the numbers are there for all to see.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your mutual funds-related queries.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
Mandatory hallmarking of gold would be a positive in making the gold market more organised. Mandatory hallmarking would come into effect from January 15, 2020, with a one-year transition period for trade to sell existing inventories. Experts also expect more policy measures next year to bring in more transparency in terms of gold as an asset class.
The Securities and Exchange Board of India (Sebi) on Thursday hiked individual limits of mutual funds' investments in overseas equity instruments by $50 million to $150 million.
The Bombay Stock Exchange (BSE) planned to list the futures trading in its benchmark index, Sensex.
Retail investors have never had it so good in terms of diverse products from mutual funds.
These investors have pumped in about Rs 6,900 crore (Rs 69 billion) in the seven trading sessions after the Federal Open Market Commission meet.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'
It boosts confidence to investors sitting on the fence.
UTI Mutual Fund recently launched Gold Exchange Traded Funds and many more companies plan to follow suit. Get the lowdown.
Being more financially savvy helps women choose the right balance between consumption spending vs investing for future and can hold them in good stead as life hands out various twists and turns along the way, says Piyush Baranwal
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
There is little sense in trying to find stocks that will not be vulnerable in a situation where 87% of the market is trending down and India is getting set for a crucial election, says Devangshu Datta.
We all need an expert whose advice you can trust, who will not start pushing products at you and rather help you understand why your wealth is not growing as it should, says Erik Hon.
Total assets under management (AUM) for September stood at Rs 20.4 lakh crore compared with Rs 20.6 lakh crore at the end of August.
In a live chat on rediff.com on Wednesday, July 16, 4 pm, Feroze Azeez, will offer some valuable suggestions on investments.
Education inflation abroad is high and the depreciation of the rupee can also set you back, says Vishal Dhawan
There is polarisation among sectors with IT and healthcare receiving the lion's share of FPI money in the past two quarters.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The move is meant to curb or reverse the export of India's financial markets to overseas trading platforms.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Globally, jewellery buying fell 14%, investment slid 11%.
The finance ministry had last year notified a new investment pattern for EPFO.
Investors should look at actively managed funds, says Devangshu Datta.
Irrational behaviour, born out of incomplete understanding, biases, overconfidence, fear or greed, has led investors to make less than half of what they could have in the capital markets, says Erik Hon.
Do keep the tax impact and exit load in mind before you take a decision to sell, says Vishal Dhawan.
An open letter written by women employees of KFA alleged that the company did not pay salaries
Investment guru and mutual fund expert Ashok Kumar, answers all your MF related queries.
Returns on godl have depleted in past few years,
The Finance Ministry has been pitching for EPFO funds to be invested in the equity markets to maximise their yields.
Strategy being reworked to launch ETFs, revive Suuti; proceeds may be Rs 24k crore
The US has deployed its elite counter-terrorism unit Delta Force for covert operations in Iraq to capture or kill high-ranking Islamic State operatives and gather intelligence, according to a media report.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.