Quota-based duty concessions granted by India to New Zealand for apples, kiwifruit, and Manuka honey are linked to the delivery of agriculture productivity action plans committed by the island country under the free trade agreement.
Very sensitive items -- such as apples, which carry political weight and are closely tied to farmer interests in states like Himachal Pradesh and Uttarakhand -- may face restricted concessions.
India and the US are likely to agree on an interim trade agreement before July 8 with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods, an official said. The US on April 2 imposed an additional 26 per cent reciprocal tariff on Indian goods but suspended it for 90 days till July 9.
Investors must give due importance to the costs associated with their MIP investments while evaluating the feasibility of these investments.
MIPs are debt-oriented funds with a mandate to invest a portion (generally upto 20 per cent) of their assets in equities.
With returns improving due to the stock market rally, MIPs have started looking more promising.
If decide to get invested in an MIP, look at its debt component. It will tell you whether or not your scheme can deal with volatility and preserve capital.
MIPs can offer immense value to investors' portfolios and should find a place therein.
Hybrid funds (powered by their flexibility to invest across asset classes) can add immense value to the investor's portfolio (especially during the down turn). While the role of balanced funds in the investor's portfolio has been well-documented, it's time for investors to recognise the value MIPs can add to his portfolio. MIPs invest predominantly in debt instruments with a small portion of assets allocated to equities.
Monthly income plans as a product should not be criticised if the investment decision was based on incorrect understanding of the product.
After Chandrayaan-3 touched down on the Moon, the Congress on Wednesday said it is a collective success of every Indian and ISRO's achievement reflects a saga of continuity and is truly fantastic.
For a high risk-taking investor, MIPs offer the opportunity to incorporate a degree of stability in an equity portfolio. Sadly, a product that can value to the portfolio has been pushed to the sidelines.
India's recent move to remove additional 'retaliatory' duty on eight products from the United States (US), including apples and walnuts, would not have any negative impact on the domestic producers, the government clarified, even as the issue threatened to snowball into a political slugfest between the ruling and Opposition parties. The move would, in fact, result in competition in the premium market segment, ensuring better quality at better prices for consumers, especially for apples, a senior government official said. "There were certain concerns that were being raised on the mutually agreed solution that has come in, more specific to seven-eight agriculture products where we had levied additional import duties in retaliation to the steel and aluminum measures (imposed by the US)," Peeyush Kumar, additional secretary in the commerce department, told reporters in a briefing.
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'You declare a date, time and place for the landing two months in advance and exactly at that moment, it touched on the moon.'
Most MIPs this quarter have not been able to declare regular or adequate dividends due to their lacklustre performance.
MIPs may not always provide monthly returns. But you can surely rely on them to deliver steady income
Monthly Income Plans are a good option for risk-averse investors looking for a higher return and more liquid alternative to bank fixed deposits. Also a list of best MIP mutual fund schemes for 2010.
Typically, MIPs are suited for investors with a low-moderate risk appetite. For instance, investors who wish to clock higher returns than those offered by fixed deposits or bonds and are willing to take on commensurately higher risk should consider adding MIPs to their portfolios. Also MIPs appeal to investors in higher tax brackets for their ability to deliver more competitive post-tax returns vis--vis avenues like fixed deposits.
MIPs can add significant value and investors must consider making allocations in line with their risk appetite.
If you're looking at saving for a rainy day, and hope to have a steady stream of income when you retire, then the Monthly Income Plan might be just the ticket.
The Monthly Income Plans (MIPs), which had invited a lot of investor ire last year when they skipped regular dividend payouts, are back in favour.
Go for open-ended scheme that allows redemption, in case the fund does not perform
Aided by the new initiatives of the government, there has been a huge drop in imports
Dhaval Kapadia, Director, Portfolio Specialist, Morningstar Investment Adviser (India) answers queries
Karbonn Mobiles on Friday said it will launch world's first 'Smart Tab 1' tablet PC loaded with the latest version of Google's Android operating system in the country in August.
The new 'riskometer' seeks to help investors gauge the level of risk in a particular scheme. The new guidelines will come into effect from July 1, 2015.
Traders blame demonetisation for subdued demand in retail segment
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.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
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Petroleum funds were the best performers during the week, followed by pharma funds. Debt fund performances were also stable, with the upsides in equity markets pushing monthly income plan (MIP) returns in to positive territory.
With interest rates bottoming out, risk-averse investors are in a quandary. Here's what they should do.
Monthly income plans are a hybrid version of balanced funds; however, the composition is lop-sided in favour of the debt component.