Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The decision was taken in view of significant rise in imports of gold in recent years putting pressure on current account deficit.
It will help to stop widening of Current Account Deficit.
Physical assets such as gold and real estate have their own positives and negatives, while other financial assets such as mutual funds, stocks and bonds come with their pluses and minuses. Let us look at both options in a little more detail.
The assets under management of the 44-players mutual fund industry stood at Rs 24.55 lakh crore in May-end from Rs 23.93 lakh crore in April-end.
An official said the government is preparing the financial statements and getting the data room ready for the sales, suggesting that such aspects take time.
A 13.2 MW small hydro project on the Rishiganga river was swept away in the glacier burst in Uttarakhand on Sunday, but there is no danger of floods in the downstream areas as the water level has been contained.
Using buyback as a divestment tool is not new, the amount raised this year is phenomenally high.
Mark Mobius, co-founder, Mobius Capital Partners, tells Puneet Wadhwa that investors should concentrate more on "value" rather than momentum, and on good small- and medium-sized companies rather than large-caps.
When selecting investments, pay attention to potential return, risk and how easily you can exit it.
Pre-Diwali Dhanteras sales of gold and silver witnessed a tepid response from consumers on Thursday on account of high prices of the precious metals and sluggish demand due to COVID-19 induced economic hardship, according to jewellers and industry experts. However, jewellers are expecting maximum footfalls on Friday as Dhanteras -- considered the most auspicious day in Hindu calendar for buying items, ranging from precious metals like gold and silver to utensils -- is being celebrated for two days this year.
With gold prices on the rise, financial institutions are trying different ways to attract the customer.
Gold demand in India dropped by 30 per cent during the July-September quarter to 86.6 tonnes, compared to the same period last year due to Covid-19 related disruptions and ruling high prices, the World Gold Council (WGC) said in a report.
Did you ever think that investing in real estate would one day be as simple as investing in mutual funds? If no, please read on...
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
At a time when the whole world is going ga-ga over stocks and debt is too easy to borrow, do not forget gold, says Anil Rego.
Get answers to financial queries from renowned financial planner Gaurav Mashruwala at 4.00 pm on Sept 26.
Get answers to financial queries from renowned financial planner Gaurav Mashruwala at 2.00 pm on Sept 12.
Indian banks have started exploring opportunities in the space, including lending to crypto exchanges, and accepting bitcoins as collateral, among others.
You can do so through physical gold (coins and bars), gold exchange-traded funds (ETFs), feeder funds and the e-series (popularly called, e-gold) launched by the National Spot Exchange.
Industry estimates over 30 tonnes of gold were sold on Akshaya Tritiya this time.
Such an economic environment tends to be positive for gold, the ultimate safe-haven asset. Since gold cannot be debased by central banks, it naturally gains in value.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
Depending upon your risk tolerance and time horizon you can now invest in real estate too without many hassles.
A portion of the Nanda Devi glacier broke off in Uttarakhand's Chamoli district on Sunday, triggering an avalanche and a deluge in the Alaknanda river system that washed away hydroelectric stations, leaving at least seven people dead and 125 missing who are feared dead.
Despite some debate on whether this is the best time to launch a new fund, Emerging Global Advisors, a New York-based research and asset management firm specialising in emerging markets, plans to launch the EG Shares Indxx India Infrastructure Index Fund within the next couple of weeks.
A demat or 'dematerialised' account holds shares in electronic form, thus saving you the bother of holding shares in paper form.
For the beginners, this is a step-by-step process. First and foremost you will need to open a demat account with a depository participant before opening an account with a broker. To find out more, read on...
Equity MF schemes recorded worst inflows in three and a half years at Rs 1,311 crore for November. Investors across the board have taken money off the table as markets have scaled new highs. Industry experts said SIPs had stayed intact, which is a healthy sign for the MF industry.
BlackRock Inc has executed a purchase agreement to acquire Barclays Global Investors, including its market leading ETF platform, iShares, from Barclays Plc, the company said. The transaction would create an independent and fully integrated asset management firm named 'BlackRock Global Investors' with combined assets under management of over $2.7 trillion, bringing together market leaders in active and index strategies.
'By entering at an early age, they stand a better chance of developing into skilled investors.'
Gold has risen sharply due to rising risk aversion
The Greek stock market has been shut since last week.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
EFPO launched a number of new facilities this year.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Most investment costs are bundled in with the financial product, and are often hidden in fine print, warns Erik Hon.
The government is selling over 18.62 crore shares or 3 per cent in Coal India at a floor price of Rs 266 apiece.
Tips for getting insurance cover and renting bank lockers for gold.
Gold is no longer physical wealth but a paper asset whose value can fluctuate widely.
