After hitting a record low of 68.85 to the dollar last week, a Reuters poll suggests the rupee will stabilise at 66 to the dollar by the end of September, while technical charts also point to a period of relative calm.
The panel suggests family head must be valued at skilled wage rates.
'COVID-19 may have put a temporary stop on the playing of international and domestic cricket around the world but the corrupters are still active'
NSC scores high on all three parameters that conservative investors are seeking -- safety, tax-adjusted returns and liquidity.
Each financial product is governed by a different regulator and the rules for gifting vary, points out Tinesh Bhasin.
An action on the rate front is unlikely to figure in Rajan's plan for the moment.
The pandemic should force you to take a hard look at the downside risks that could jeopardise your finances.
Spread investments in equities, bonds, gold and cash to tackle volatility advise Nitin Singh, MD and head, and Vinay Joseph, director, investment strategy, Standard Chartered Wealth Management, India.
The market believes there will soon be another offer to buy the bonds.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Will demonetisation lead to a rate cut, leading to higher quantum of lending?
If new goals have emerged, this is the time to make fresh investments.
Should we really pay attention to them, asks Ajit Balakrishnan.
The rupee resumed higher at 61.75 as against the last closing level of 62.05 per dollar at the Interbank Foreign Exchange (Forex) Market and firmed up further to a one-month high of 61.53 before quoting at 61.59 per dollar at 1045 hours.
If the new governor can think out of the box even as he signals that he can bat for the RBI cadre and respect its institutional memory, that will go a long way in getting out of the current impasse.
There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.
The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday.
UTI Mutual Fund has launched UTI-FAMILY (that allows investors to buy mutual fund units in their name, but the returns go straight to a parent's bank account.
No word on appointment of Shagun Kapur Gogia
The Budget loosened the reins on public spending to drive growth.
'Policy was more in line with the expectations.'
You can reduce your tax burden by wisely using partially taxable allowances, suggests Bindisha Sarang.
'The government's principal aim should be to reduce the volume of cash transactions.' 'That would bring more of the Indian economy within the purview of taxation.' 'The current downturn in economic activity due to a lack of adequate cash is likely to be limited to a year,'
'From a retail investor's perspective, therefore, it is essential not to get swayed by the short-term correction in the equity market and macro noise, and stay the course with their long-term financial plans,' notes Ashwin Patni.
These decisions are aimed at helping mills in clearing part of over Rs 22,000-crore arrears to cane farmers.
"You take any section of society be it Dalits, weavers or Brahmins, everybody has been exploited. The administration of Yogi Adityanath ji is working completely against the 'vichaar' (thoughts) of Guru Gorakhnath," she said at a rally, taking a swipe at the BJP leader who is also the head of the prominent Mutt in Gorakhpur named after Saint Gorakhnath.
Today one can easily file returns online.
But what do banks gain by opening their apps for all? The answer -- rival bank's customers under their fold.
The liquidity-fuelled rally will continue for some time, however, fundamentals are getting stretched.
A Reuters poll showed only one out of 51 economists had expected a 50 basis points rate cut.
A two-year extension at the helm of the RBI still looks a real possibility
Banks have taken this aggressive posture even as liquidity has become comfortable on the back of increased government spending.
Three key instruments that can help you meet your financial goals, while also allowing you to enjoy tax deductions are ELSS, term cover and health cover.
'Everybody should be given rations. Nobody should be excluded.' 'Without an income, the present ration quota is not enough.' They should increase it so that one person can eat adequately for a month.'
As government makes effort to bring illicit money stashed abroad, Finance Minister Arun Jaitley on Monday asked the I-T department to focus its effort on unearthing 'quite large' black money within the country as well.
The three years at the Reserve Bank have mostly been a string of success stories for Rajan, gaining him common man's adulation even as the free-thinker in him made a few foes who matter more in the corridors of power
If losses from F&O, intra-day trades are below Rs 20,000-30,000, it's best not to claim them and opt for ITR-2.
The problems are being compounded by perceptions that India is ill suited to defend the currency in the near-term.
Financial planners advise against putting capital to work by anticipating what might go up or down.
You need careful planning to accumulate a corpus for your children's dreams and goals
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