While saving tax is important and certainly welcome, it's lot more important to ensure each instrument actually does the job it was originally meant to, says Manish Shah.
On the individual front, housing loan rebate on self-occupied property was increased from Rs 1,50,000 to Rs 2,00,000.
Gold monetisation scheme will help unlock value of gold.
The Fed made clear that the rate hike was a tentative beginning to a "gradual" tightening cycle
In a conversation with Vishal Chhabria and Hamsini Karthik, Gautam Chhaochharia, executive director & head, India Research, UBS, explains why implementing goods and services tax (GST) may not be as disruptive as many perceive it to be. But, he warns investors shouldn't have high expectations on corporate earnings.
The Sensex and the Nifty had touched a low of 27,921 and 8,349 respectively.
SBI, LIC and HDFC, have showed double digit growth.
'The Street is divided on when we could recover from demonetisation.' 'The government believes it is a pain at best for two quarters.' 'Some analysts feel the impact could be felt for two-three quarters and some that it could last for 12 to 15 months.' 'Investors are stuck in a no-action zone.'
Subrata Roy is in jail since March last year.
It's best to do a proper examination before becoming somebody's guardian angel.
The record breaking spree was led by index heavyweights, financials and metal stocks.
A generation of children may know Alia Bhatt's songs by heart, but don't know what the real India is all about.
The initiative would provide double the relief announced by the states of UP and Maharashtra, the Punjab CM said.
A dream home can be closer to reality if you live a financially disciplined life. All that it takes is to make smart moves at the right time in your life and career.
Sensex, Nifty slightly upbeat, midcaps to rule markets this week.
US budget deficit to come down to $583 billion in 2014
The 30 Sensex companies alone, which are among the biggest companies in the country, now account for nearly 50% or about Rs 47 lakh crore of total investor wealth.
"We will work out the parameters then we will see as to how mentioning will be done," he said.
Broader markets underperformed the benchmark indices with BSE Midcap and Smallcap indces slipping 0.8%-1.1%
Just as the mighty Bhim sacrificed his son Ghatotkach and Arjun sacrificed his son Abhimanyu in the battle against Kauravas, Yashwant Sinha must ask his son Jayant to sacrifice his ministerial office, says Sudhir Bisht.
Surprised? Well, old age is no more associated with uncertainties with insurance companies coming out with specific plans for this segment!
Most Asian markets ended with gains.
The Supreme Court is likely to pronounce on Wednesday its verdict on a plea of jailed Sahara Group chief Subrata Roy seeking modification of an earlier order asking him to pay Rs 5,000 crore (Rs 50 billion) in cash besides a bank guarantee of an equivalent amount for securing his release.
A few tips on how to be prepared for the uncertainties that may come our way.
Markets closed in the red on domestic worries.
It is becoming more and more apparent that Shyamvar Rai is like an onion. And a pretty pungent one at that. As layer after layer of his life gets peeled off, in full view of the court, new layers of his character are exposed.
When opting for any loan, make sure you read the terms and conditions carefully, and understand the 'other charges' to avoid any disappointment at a later stage.
Keki Mistry, vice chairman and CEO, HDFC tells Joydeep Ghosh and Chirag Madia that unlike some other players it never went for excesses and never took unreasonable risks.
Renowned realtors are shying away from the private equity (PE) route to raise funds.
If banks won't lend, seek a loan from fintech lenders or P2P platforms to help you get out of a debt trap.
A downturn in Indian demand could hit global gold prices.
Key relaxations traced in final regulations.
Privatisation or consolidation into half a dozen large banks might not rescue public sector banks from the crisis they find themselves in.
'Some co-operative banks are dominated by politicians and were reportedly being used to launder Rs 500 and Rs 1,000 notes.'
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
The company faces a potential tax demand.
China's economy grew 6.7 percent in the second quarter from a year earlier.
'More than 95 percent of the players are happy with their contract and happy with their club; they want the kids to go to school, they have a normal life; so I don't think that will happen'
Market breadth is positive with 942 advances and 196 declines.