Be mindful that each instrument is governed by a different set of gifting rules and is also taxed differently.
Those who have crossed 50 must show the greatest urgency. They need to achieve a corpus that can sustain them and their spouses for at least 25-30 years after retirement.
The global high comes amidst the uncertainties of Brexit, a trade war and slowing growth, with traders increasing their silver bets.
Robbed ornaments worth over Rs 50 lakh has also been recovered from the possession of the accused who was arrested from Madhya Pradesh, officials said.
The Reserve Bank of India on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy faces heat of the second Covid wave.
The balance sheet of the Reserve Bank plays a critical role in the functioning of the country's economy.
World 100 metres champion Christian Coleman will miss next year's Tokyo Olympics after being banned for two years for breaching whereabouts rules, the Athletics Integrity Unit (AIU) said on Tuesday.
Iconic Dalal Street investors Rakesh Jhunjhunwala and Radhakishan Damani, known for their stock picks, have forged an unusual partnership to make Bollywood flicks.
'Do some profit booking and bring your equity allocation back to its original level.'
Braving intermittent rain, hordes of people were seen flocking big-ticket Durga puja pandals in the city on Monday morning with little or no regard for social distancing norms.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Finance Minister Nirmala Sitharaman presented her third Budget on February 1.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
At the outset, decide whether you want to be a trader or an investor, suggest Sarbajeet K Sen and Sanjay Kumar Singh.
The estimated size of the Durga Puja economy could be about Rs 2.75 trillion in 2021 had there been no pandemic, points out Atanu Biswas.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
It is a real zari kanjeevaram sari from the House of Angadi, Bengaluru.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'There was hardly any recruitment after the second wave.' 'Now, there is a huge demand for manpower.'
Being more financially savvy helps women choose the right balance between consumption spending vs investing for future and can hold them in good stead as life hands out various twists and turns along the way, says Piyush Baranwal
'Irrespective of the price movement of gold, customers can lock in their purchase at Rs 28,000 per 10 grams of pure gold.'
A theory that is doing the rounds is that with election nearing, this depreciation of the rupee will allow politicians of all hues to bring back their ill-gotten wealth.
Indian diamantaires are looking to go slow on rough diamond purchase during the remaining quarters of the current financial year, thanks to weak global sentiment.
We have our own problems for sure and they are not trivial, but for now, our economy is in not too bad a shape, our politics is as personality-driven and authoritarian as that of most countries in the world. We must make the best of what we have and not be excessively unhappy looking at the grass on the other side of the septic tank which may not be greener after all!, observes Shreekant Sambrani.
Now, in many cases, they give no old jewellery but the bills they get show gold as provided by them, the jeweller's making charge and the GST on that.
Neither the foreign exchange, nor the gold, and certainly not the revaluation reserve should be available for spending by anyone. he revaluation account is simply not money. It is simply an accounting entry, says Rashmin C Sanghvi.
Even with an ongoing pandemic, theatres in many states functioning at 50 per cent occupancy, a quieter social life and fewer movies, Bollywood still managed to pack in plenty of drama and trauma, fun and festivity, love and war into the year.
If your children live abroad, rely more on financial assets as they are easier to liquidate and move across borders.
Those earning over Rs 50 lakh a year need to disclose all jewellery and cash in their returns, says Tinesh Bhasin.
Jewellers initially feared the ban applied on them, too. However, after discontinuing their monthly schemes for almost two weeks, they've started accepting deposits again.
Here's what's in it for you!
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Foreign portfolio investors, on the other hand, have been net sellers in the markethaving pulled out Rs 8,600 crore
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
It's a precious metal, but the cheapest, gives good returns and is easy to buy at diverse quality outlets.
Here's why consumers are shifting to large brands.
