News for '-wealth-management'

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com3 Feb 2025

RBI's interest rate decision, quarterly earnings and global cues would be the major driving factors for equity markets this week, analysts said adding that the impact of the Union Budget could linger on this week. Trading activity of foreign investors will also be a key driver for the markets, experts noted. "US and India's manufacturing PMI for January to be released on Monday, will be the key macro data to watch out for.

'Har Ghar Lakhpati': SBI's new mantra for deposit accretion

'Har Ghar Lakhpati': SBI's new mantra for deposit accretion

Rediff.com9 Dec 2024

At a time when banks are finding it challenging to mobilise resources, State Bank of India (SBI)-the country's largest lender-has devised a three-pronged strategy to boost deposit accretion. First is an aspirational product that promises to make depositors lakhpatis by helping them grow their deposits to Rs 1 lakh through recurring deposit (RD) schemes.

Key factors that will drive the markets this week

Key factors that will drive the markets this week

Rediff.com12 Jan 2025

Investors will take cues from the December quarter corporate earnings, with blue-chips like Infosys, Reliance Industries scheduled to report their results this week, in addition, inflation data and trading activity of foreign investors will also be crucial in dictating market trends, analysts said.

Nifty Next 50 intensifies competition in the largecap space

Nifty Next 50 intensifies competition in the largecap space

Rediff.com12 Dec 2024

Passive funds tracking the National Stock Exchange Nifty Next 50 Index have seen their assets under management (AUM) more than double in the past year. The index's growing popularity can be attributed to its robust 50 per cent return over the same period. Currently, the AUM of funds tracking the Nifty Next 50 index stands at nearly Rs 30,000 crore.

SWP Vs FD: Why An SWP Win Hands Down

SWP Vs FD: Why An SWP Win Hands Down

Rediff.com18 Mar 2025

The systematic withdrawal plan stands out as a superior option, providing steady income despite market fluctuations and inflation, says Ramalingam Kalirajan.

Want To Invest In ELSS? Read This

Want To Invest In ELSS? Read This

Rediff.com6 Feb 2025

ELSS investments require a long-term commitment of at least seven years.

The ambitious plans of Flipkart-backed super.money

The ambitious plans of Flipkart-backed super.money

Rediff.com17 Dec 2024

Flipkart-backed super.money is on an expansion spree and plans to expand its range of offerings in credit and wealth management after launching its operations in July this year. The Bengaluru-based fintech company is on track to roll out credit products such as credit on Unified Payments Interface (UPI), unsecured credit cards, and personal loans within the first half of the next calendar year (2025).

Wealth management firms to ramp up IT spend

Wealth management firms to ramp up IT spend

Rediff.com8 Jan 2010

Wealth management firms are likely to increase their spending on technology and the budget is forecast to reach $3.7 billion by the end of this year, a report by global consultancy Celent says.

Banks Struggle to Regain Deposits

Banks Struggle to Regain Deposits

Rediff.com13 Mar 2025

Privately, many bankers admit their immediate goal is not growth but slowing the erosion of Casa deposits, reveals Tamal Bandyopadhyay.

Want To Stop SIPs? 5 Reasons To Do So

Want To Stop SIPs? 5 Reasons To Do So

Rediff.com10 Mar 2025

Financial success isn't about making impulsive moves -- it's about making informed choices, asserts Ramalingam Kalirajan.

With 7.1% Interest, Is PPF Still A Good Investment Option?

With 7.1% Interest, Is PPF Still A Good Investment Option?

Rediff.com17 Mar 2025

The answer depends on your financial goals and risk appetite, says Certified Financial Planner Ramalingam Kalirajan, and explains why.

Tata Punch Knocks Out Maruti!

Tata Punch Knocks Out Maruti!

Rediff.com7 Jan 2025

While Maruti held the top spot for four decades, the Ambassador was the best-selling car in post-Independence India for three decades.

BharatPe targets IPO in 18-24 months, Ebitda profitability in FY25

BharatPe targets IPO in 18-24 months, Ebitda profitability in FY25

Rediff.com15 Jan 2025

Fintech firm BharatPe is targeting an initial public offering (IPO) in the next 18-24 months with the company expecting profitability at an earnings before interest, taxes, depreciation and ammotisation (Ebitda) level for FY25, chief executive officer (CEO) Nalin Negi said.

Is No Tax Till Rs 12.75L A Game Changer?

Is No Tax Till Rs 12.75L A Game Changer?

Rediff.com3 Feb 2025

What does this mean for you? Ramalingam Kalirajan explains.

Rs 24.69 lakh cr of investors' wealth wiped out in 4 days

Rs 24.69 lakh cr of investors' wealth wiped out in 4 days

Rediff.com13 Jan 2025

Investors lost Rs 24.69 lakh crore in market valuation in the last four days of severe drubbing in the equity market. Spike in global crude prices, unabated foreign fund outflows, a strong US jobs data diminishing early rate cut expectations, and the rupee logging its steepest single-day fall in nearly two years dampened investors' sentiment.

How the stock markets will fare this week

How the stock markets will fare this week

Rediff.com29 Dec 2024

Macroeconomic data announcements, trading activity of foreign investors and global trends will guide equity market movement this week, which would also mark the beginning of the new calendar year and month, analysts said.

SIP Investing Mistakes To Avoid

SIP Investing Mistakes To Avoid

Rediff.com18 Feb 2025

Mutual funds are a powerful tool for building wealth, but do they work overnight? Successful investing requires discipline, patience, and a long-term vision, avers Ramalingam Kalirajan.

Ketan Parekh among 3 banned from securities markets

Ketan Parekh among 3 banned from securities markets

Rediff.com3 Jan 2025

The Securities and Exchange Board of India (Sebi) on Thursday debarred Ketan Parekh, the stock market operator involved in the stock market scam of 2000, Singapore-based trader Rohit Salgaocar, and one other individual from the securities market for alleged front-running of trades of a United States (US)-based foreign portfolio investor (FPI). The FPI manages around $2.5 trillion worth of funds globally.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com8 Dec 2024

Investors' sentiments will be guided by a host of domestic and global macroeconomic data announcements this week, along with the trading activity of foreign investors and trends in world stocks, analysts said. Besides, the rupee-dollar trend and movement of global oil benchmark Brent crude will also be crucial in dictating terms in the market, experts added.

What Is A Front-Running Scam?

What Is A Front-Running Scam?

Rediff.com4 Jan 2025

Front-running is a fraudulent practice where traders exploit advance knowledge of large client orders for personal profit.

'Rakesh Jhunjhunwala Inspires New Investors'

'Rakesh Jhunjhunwala Inspires New Investors'

Rediff.com17 Oct 2024

'More investors now view the stock market as a valuable opportunity, though many still seek quick gains, leading to a rise in futures and options trading.'

Savings And Investment: Ask rediffGURUS!

Savings And Investment: Ask rediffGURUS!

Rediff.com30 Oct 2024

Let's Make Savings As Exciting As Spending. This World Savings Day, rediffGURUS Nitin Narkhede, Milind Vadjikar and Ramalingam Kalirajan are all set to answer your queries on savings and investments.

And now, Islamic wealth management system

And now, Islamic wealth management system

Rediff.com14 Apr 2005

Parsoli Corporation, a city-based public limited company which was completely wiped out from Gujarat during the 2002 riots, on Wednesday relaunched the company.

Strict norms for wealth management advisors soon

Strict norms for wealth management advisors soon

Rediff.com18 Jan 2011

The government is pooling in its regulatory resources to frame a comprehensive rule-book for wealth management advisors and has sought inputs for the same from RBI, Sebi and other financial sector regulators.

Sensex falls 385 points amid weak global trends

Sensex falls 385 points amid weak global trends

Rediff.com16 Dec 2024

From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com17 Nov 2024

Trading activity of foreign investors and global trends will be the major driving factors for the equity markets in a holiday-shortened week ahead, according to analysts. Leading stock exchanges BSE and NSE have declared a trading holiday on November 20 for assembly elections in Maharashtra. Elections to the 288-member state legislative assembly will be held on November 20, and votes will be counted on November 23.

Rs 5k Or Rs 50k SIP: Which Will Make You More Money?

Rs 5k Or Rs 50k SIP: Which Will Make You More Money?

Rediff.com7 Jan 2025

When it comes to building wealth, Time really is King. The power of compounding is what makes the magic happen, says rediffguru Ramalingam Kalirajan.

Indonesia bars Citi from offering wealth management services

Indonesia bars Citi from offering wealth management services

Rediff.com7 Apr 2011

Citigroup has been barred from selling wealth management services to new clients in Indonesia.

7 Secret Tips To Maximise Your SIP Returns

7 Secret Tips To Maximise Your SIP Returns

Rediff.com31 Dec 2024

Have you ever wondered why some people seem to achieve extraordinary wealth while others struggle to make their money work for them? The secret isn't luck -- it's strategy, says Ramalingam Kalirajan

SIP Your Way To Rs 5 Cr Retirement Fund

SIP Your Way To Rs 5 Cr Retirement Fund

Rediff.com22 Jan 2025

The secret to building Rs 5 crore corpus lies in one simple decision. But the longer you wait, the more it costs you -- not just in money but in missed opportunities, says Ramalingam Kalirajan

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com10 Nov 2024

A host of macroeconomic data announcements, the last batch of September quarter earnings, global trends, and trading activity of foreign investors will be the major driving factors for the equity market this week, according to analysts. Equity markets would remain closed on Friday for Guru Nanak Jayanti. "India is set to release CPI and IIP data on November 12, with WPI data expected on November 14.

Worried About High Home Loan EMI? MFs Can Help

Worried About High Home Loan EMI? MFs Can Help

Rediff.com15 Jan 2025

Here's how to own your dream home without paying excessive interest on your EMIs.

Market riptide pulls ADR below 1, charting course of unease

Market riptide pulls ADR below 1, charting course of unease

Rediff.com31 Oct 2024

The advance/decline ratio (ADR) - a gauge of market breadth - has remained negative (below 1) for a second consecutive month. In other words, the number of stocks declining is outpacing those rising, as a brutal selloff by overseas investors and lofty valuations weigh on sentiment. According to BSE data, the ADR for October stands at 0.98 for the second month in a row.

Private banks leading AI adoption in banking services, says RBI study

Private banks leading AI adoption in banking services, says RBI study

Rediff.com22 Oct 2024

Private sector banks in India are taking the lead in the adoption of Artificial Intelligence (AI) in areas like fraud detection, customer segmentation, and chat automation, according to a Reserve Bank of India (RBI) study. The asset size and capital adequacy ratio are influencing the rate of adoption.

SBI to foray into wealth management business

SBI to foray into wealth management business

Rediff.com3 Nov 2009

To cash in on its huge branch network and client base, State Bank of India is all set to start wealth management business and financial planning services.

Factors that will guide the markets thie week

Factors that will guide the markets thie week

Rediff.com24 Nov 2024

Global factors and FII activity will dictate trends in domestic equity markets this week while assembly poll results of Maharashtra and Jharkhand may impact stocks on Monday, say analysts. Stock markets witnessed a spirited recovery on Friday with benchmark Sensex and Nifty notching the best single-day gains in more than five months and offering relief after weeks of correction.

How To Turn Rs 1 Lakh Into Rs 1 Crore

How To Turn Rs 1 Lakh Into Rs 1 Crore

Rediff.com9 Jan 2025

Seems daunting? With right financial planning, patience, and commitment, this goal is entirely achievable, says Ramalingam Kalirajan. Here's how

How To Avoid HUGE Losses In Markets

How To Avoid HUGE Losses In Markets

Rediff.com28 Jan 2025

Don't let panic ruin your wealth. Avoiding these mistakes can save you from HUGE losses, says Ramalingam Kalirajan

How To Manage Your Mutual Funds

How To Manage Your Mutual Funds

Rediff.com30 Dec 2024

Let reason, not emotion, guide your decisions.

Sensex sinks below 81K amid widespread selloff

Sensex sinks below 81K amid widespread selloff

Rediff.com17 Dec 2024

All sectoral indices ended lower. BSE Telecommunication tanked 2.18 per cent, metal (1.77 per cent), auto (1.70 per cent), energy (1.64 per cent), oil & gas (1.59 per cent), commodities (1.39 per cent) and financial services (1.37 per cent) were the major laggards.