Non-resident Indians (NRIs) haven't gone big on the Indian stock market story despite the post-pandemic boom. While domestic participation through mutual funds (MFs) and dematerialised accounts has soared, NRI participation figures show limited signs of a similar rise.
Many are attracted by the potential for large gains, but don't necessarily seem to understand that a single trade gone wrong can wipe out their accumulated profits.
This period saw big stars of the likes of Sunil Gavaskar and Kapil Dev fade into the sunset while it was witness to the birth of slew of young Indian cricketers that made their mark home and abroad.
'If you invest in sovereign gold bond, you are going to get the price rise of gold over an eight year period.' 'You're also going to get that two-and-a-half percent which the Government of India is willing to give you, treating the money that you've invested in the sovereign gold bond as a kind of a FD or a deposit.' 'That kind of return you can never get anywhere else.'
'Set aside around six months' monthly expenses for emergencies.' 'Keep this money in safe and liquid options, such as liquid funds and fixed deposits.'
The Indian Constitution's survival hinges on the nation's demographic profile and if it is altered, then it would cease to exist, Justice GR Swaminathan of the Madras high court has said.
While the purchases of celebrity investors become public knowledge, what is not known is the price point at which they bought them.
In the face of tax blow, brokerages remain sanguine about the prospects of asset management companies (AMCs). A sharp correction in the shares of AMCs over the past three months factors in most of the negatives and turned valuations attractive, observe analysts. In its latest report, Kotak Institutional Equities (KIE) has upgraded HDFC AMC to 'add' (from 'reduce') and reprised 'add' and 'buy' ratings on the rest of the listed AMCs - Nippon, UTI, and Aditya Birla Sun Life.
Targeted at one million schoolchildren and college students, besides working professionals and researchers, the three-month course will be available in online mode, free of cost, to people in India and abroad.
The National Stock Exchange (NSE) has got into firefighting mode to control the reputational damage caused by the Securities and Exchange Board of India's (Sebi's) order against its former managing director and chief executive officer Chitra Ramkrishna and others. According to sources, the exchange's management over the past one week has met several key stakeholders, including officials in the finance ministry and Sebi, major shareholders, and trading members, trying to distance itself from the controversy. The exchange plans to hold more meetings in the coming week to ensure that trading volumes and confidence in the bourse don't get impacted, they added.
The recently-created flexi-cap fund category is emerging as the hottest segment in the Rs 11-trillion equity mutual funds (MFs) space. Buoyed by the success of ICICI Prudential Flexicap Fund, other MFs are lining up new fund offerings (NFO) in this segment. Industry players say the flexi-cap category could emerge as the biggest segment in the equity MF space. Recently, ICICI Pru Flexicap's NFO collected a record Rs 10,200 crore.
The pandemic should force you to take a hard look at the downside risks that could jeopardise your finances.
Is the latest mobile or car or a house the goal? If so, the savings and investments should be aimed at catering to it. The amount needed has to be worked out, and money needs to be saved, accordingly, suggests Sarbajeet K Sen.
Taxation has played spoilsport despite double digit returns.
Companies providing portfolio management services (PMS) had a tough time beating the benchmark index in January, with more than half of the schemes invested in large companies underperforming in the run-up to the Union Budget. The Nifty 50 index was down 2.5 per cent during the month. Only around 44 per cent of PMS schemes did better, among the schemes investing in large-cap companies. The analysis is based on data from industry tracker PMS Bazaar. Half the mid-cap schemes outperformed, while the rest underperformed.
Sachin Tendulkar, Rahul Dravid, Kapil Dev, Anil Kumble, Krishnamachari Srikkanth, Dilip Vengsarkar and Mohammad Azharuddin took a lap around the 'Mecca of Indian cricket'
ICICI Bank's new offer is for those with savings in fixed deposits but no immediate liquidity
Affordable pricing, a variety of themes, and the ease of transacting are among key reasons that have made smallcases a hit among young investors.
The BSE SmallCap index gained 106 per cent in the one year ended May 12, 2021.
Keep regular track of financials, including cash flow and management changes
Processing fee waived on car, gold and personal loans till December
A 2011 World Bank Survey clearly indicated that there is a severe mismatch between the actual requirement of IT-ITES industry and the skills of graduates passing out from various institutions pan-India.
For investors, every cost-saving means higher returns.
It, effectively, means that employees can invest more in 80C instruments. At present, employees claim tax benefits under Section 80CCD for contributions made towards NPS by both him/her and his/her employer.
The Technical Advisory Committee, to be headed by IIT Bangalore Professor S Sadagopan, would also advice the Sebi on how to frame appropriate policies arising out of technological advancements in areas like wireless trading, algorithmic trading and smart order routing, Sebi said.
While it is suggested that withdrawals and loans against long-term instruments are not the wisest steps, if you really need to do so, here are a few options. . .
You can exit Ulips after five years.
The committee headed by Prof S Sadagopan, director, International Institute Information Technology, Bangalore, will suggest steps for implementing a central database of stock market participants.
Experts say it could make divorces amicable and help reduce court cases.
Otherwise, EPFO can freeze your account. But seek detailed calculation to verify the numbers
'To ensure you remain with the better performers, you need to consistently monitor your MF portfolios and weed out the non-performers, even if they are from a star fund manager or a fund house with a sound record.'
Globally, IT and automotive together are a $4.5 trillion industry, and telematics forms a big part of this. Telematics is set to grow in a big way and can create a million-plus jobs in India over the next 5 years, says Prof Sadagopan.
Tamil Nadu were struggling at 191 for seven in the first innings after day one of the Ranji Trophy Elite Group 'B' match.
South Africa declared their first innings on 226 for five on day one against an Indian Board President's XI.
Harbhajan Singh believes Jasprit Bumrah will forever remain indebted to Virat Kohli's "gut feeling", which got him the hat-trick, just as he is grateful to Sadagopan Ramesh for an incredible catch at forward short-leg 18 summers ago.
Sridharan Sriram's unbeaten 81 helped the hosts score 244 for six at close on the first day of their Ranji Trophy semifinal against Railways.
South Zone collapsed for 174 and conceded a 103-run lead in the Duleep Trophy match.