Blog about Financial Education, Advisory & Planning
SENSEX crossed 38,000 for the first time ever on 9th August and the NIFTY also closed in on 11,500 levels as markets kept hitting new highs on a regular basis. The broader markets which took a beating over the last few months with many smaller companies falling by 25-30% are also gradually recovering.The current correction …
Fidelity Investments has just launched a couple of new mutual fund schemes with zero expenses for retail investors in the US. These are the first ever zero expense ratio self-indexed funds for retail investors available in the market -Fidelity zero total market index fund (FZROX) and Fidelity zero international index fund (FZILX). In India, SEBI has been making …
Can zero expense mutual fund schemes work in India?Read More »
I had purchased a property with a home loan sometime back. Currently I need some additional funds for additional expenses on the property. I have decided to take a top up home loan on my existing home loan. Top up home loans clearly outscore other loan options because they come with lower rates of interest …
My father became a senior citizen a few year back & I was looking for the best place to park his money where he would get a regular income. Senior citizen savings scheme (SCSS) is the simplest investment vehicle among all options available for retirees. Given the benefits it offers, retirees should first put in …
Based on discussions I have with salaried people around me, I gather that most employees believe they don’t need to file their income tax returns (ITR) if income tax has already been deducted from their salaries. Most of them assume that the TDS & getting Form 16 is nothing but their employer filing their ITR. …
Deepak Nitrite Ltd (DNL) is a leading manufacturer of organic, inorganic and fine specialty chemicals (FSC). The Company’s product range includes chemicals which cater to a wide range of industries including colorants, agrochemicals, pharmaceuticals, rubber and specialty chemicals. DNL is also in the business of fluorescent whitening agent (FWA) and bulk chemicals & commodities. For …
As the US nears mid-term elections vital for Trump’s legislative agenda, the White House will be ready to impose 10% tariffs on $200 bn of Chinese-made products, ranging from clothing to television parts to refrigerators by 30th August. The levies together with some $50 bn already in the works stand to raise import prices on …
Though NIFTY scaled the 11,000 mark again on 12th July after a gap of over 5 months (last peak on 31st January 2018), midcaps & small caps continue to fall sharply as markets remain volatile. Starting with a disappointing budget where LTCG on equity investments was announced, followed by continuing bank NPAs, uncertain political outlook, …
There has been a wide ranged debate about including crude under GST. Unlike what people might think petroleum products don’t mean diesel and petrol only. It also includes natural gas, kerosene and aviation turbine fuel (ATF), among other things. Each of these products is not taxed at the same rate, either by the center or …
Garware Wall Ropes Ltd (GWRL) is engaged in the manufacturing of ropes, twines and cordage, nettings, multi-filament yarns, and geotechnical nets and fabrics of nets and net-related products. It provides innovative and application focused solutions to diversified applications across fishing, aquaculture, agriculture, sports, and other segments. The fisheries segment is the biggest contributor to overall …