rediffGURU Dev Ashish answers your personal finance and mutual fund queries.
The Samajwadi Party is unwilling to cede ground to the BJP, especially in Amethi, since the Congress is too weak to counter the BJP's well-oiled election machinery.
Given the uncertainties around gold's future course, stagger your purchases and buy on declines, says Sanjay Kumar Singh.
Nikunj Saraf, Vice President Choice Wealth, answers your mutual fund queries.
Serena Williams lost to Australia's Ajla Tomljanovic at the US Open on Friday night, likely marking the end of arguably the sport's greatest Grand Slam career, but her title as the biggest earner in women's tennis history will remain for years to come.
'Then select those that are well-aligned with your risk-return profile and investment time horizon.'
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
India's security concerns will be the "first and foremost" and at the"front and centre" for Washington, US Deputy Secretary of State Wendy Sherman said Wednesday on New Delhi's apprehensions about the spill over of terrorist activity from Afghanistan.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Harsh Roongta, Mahesh Padmanabhan, Anil Rego answer the most sought after questions on Budget Day.
A person in the 30% income tax bracket with a Rs 40 lakh home loan at 9% interest rate would, under the Rs 3.5 lakh interest exemption, will save Rs 105,000 in tax in the first year, against Rs 60,000 under the previous interest exemption of Rs 2 lakh.
With the Reserve Bank of India raising the repo rate, reverse repo rate and cash reserve ratio by 25 basis points in the annual monetary policy, fund managers expect ultra short-term and short-term funds to continue to do well. However, if making fresh investments, they advise a time horizon of at least one year.
Nikunj Saraf, Vice President Choice Wealth, answers your queries.
Is it a wise idea to put your money in mutual funds when stock markets in India are at an all-time high? Financial expert Vetapalem Sridhar believes that mutual funds generate good returns only over the long-term.
'Returns can be very variable in equity markets.' 'That is why I tell small investors don't put 100 per cent of your money in equities, even if you are young.'
ITC has extensively reset its strategy and will explore opportunities to craft disruptive business models to set up structural drivers helmed by digital and sustainability for its next horizon of growth and make the company future-ready, chairman Sanjiv Puri said on Wednesday. The company is pursuing an accelerated journey to build a dynamic utureTech' enterprise by investing in cutting-edge digital technologies to shape a new paradigm of competitiveness, create innovative business models and tap newer opportunities, he said while addressing shareholders at ITC's virtual annual general meeting. As part of the next horizon vision, the company is "proactively exploring inorganic opportunities" even as it has shrunk "business segments that were incongruent to our growth aspirations, such as the Lifestyle Retailing Business" while the existing growth platforms comprising megabrands will be scaled up and fortified.
'Gold could return 10% to 12% in the next two-three years.'
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
'When a Project Director is appointed, the whole organization -- including the Chairman ISRO -- works for his success. It is a lesson that has been of abiding value all through the other projects I have worked on,' recalls the late President, one of the earliest pioneers at ISRO.
Interest rates on bank FDs have started coming down and rates on other fixed-income products will also decline. Investors should lock in to instruments offering higher returns.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'When I saw my name in the list, it was unbelievable.'
'I never got respect as an actress.' 'But when I became a director and worked with actresses like Cate Blanchett and Jessica Chastain, I felt such pride of being an actress.'
Whether salaried or running your own business, it's about time to get your investment proofs in tax-saving instruments ready for filing your income tax returns later this year.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
'Given the worries about sluggish growth, rising interest rates and likely volatility, it's quite logical to infer that the SIP route could be the preferred way of investing.'
Tendulkar's sterling performances, his fascinating duels for supremacy with contemporaries -- Brian Lara, Ricky Ponting, Inzamam-ul Haq, Jacques Kallis among batsmen; Shane Warne, Muttiah Muralitharan, Wasim Akram among bowlers -- embellished modern cricket and globalised the game, asserts Ayaz Memon who has observed the cricketing colossus from the day he made his Test debut in November 1989.
The US drone strike that killed Ayman al-Zawahiri has raised questions over Pakistan's possible role in the raid amid reports suggesting that the country's airspace could have been used for carrying out the precision strike on the Al Qaeda chief's safe house in Kabul.
While mid-cap and small-cap funds have given category average returns of 73.3 per cent and 89.8 per cent respectively over the past year, large-cap funds' returns have been lower at 53.9 per cent, points out Sarbajeet K Sen.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Kasautii Zindagii Kay actress Erica Fernandes is holidaying in the Maldives and celebrating five years in the television industry.
The BJP leadership knows it can't boast of governance in the state as the Bommai government has little to show. So, the game plan is to project Modi, who will reiterate how important it is for a state to have the same party ruling in power at the Centre, observes Ramesh Menon.
Are you debating between buying physical gold and investing in paper gold schemes or ETFs? Anil Rego has the answer
Move over Sydney Opera House, Theatre Royal Drury Lane, Mumbai has a new entertainment venue that will rival many a global address.
The Delhi high court on Thursday reserved its judgment on a batch of petitions challenging the Centre's Agnipath scheme for recruitment in armed forces.
Equity investments are fruitful over the very long 20-year term.
Since there are many and complicated choices, retail investors stand to benefit
While investing in PPF, investors must remember to put in the money at the right time to maximise the return they earn from it.
