Is your cell phone bill burning a hole in your pocket? Even a 10% cut in phone conversations can build big savings. It is a key industrial town in south India and has also become one of the most preferred IT destinations. Here we take a look at how selected mutual funds are faring and which one you should go for.
Global pickings Here we take individual mutual funds and do an evaluation. This time it is DWS Global Thematic Offshore fund. Most people go to the bank to keep their money safe and make it grow. Some others seek loans or transfer funds. Banking services have now expanded way beyond just giving or taking money. Many of these services come with conditions and costs that people are unaware of. We make you aware of some. This snapshot of the rupee’s performance may aid you in making overseas investment decisions. Most people live within their credit limits, not income limits. EMI is a better indicator of affordability than the MRP. We present a new way to compute affordability. MONEY TODAY portfolios are for investors in stocks, not traders. And investors can overlook the current volatility, at least for the time being, says Dipen Sheth.
BHEL, Indian Oil stocks maintain momentum We scan through dozens of research reports from investment houses every fortnight to present you the six most relevant stock recommendations and a sector analysis.
Construction stocks on the rise We take a look at the best performing stocks. Engineering and construction stocks are doing well due to strong infrastructure focus. Your home is probably the most valuable asset in your portfolio. Here’s how you can use it like a veritable money machine.
Banking is child's play Want your child to understand the value of money? Throw him right into the deep end by letting him sign cheques and swipe cards. Here’s how it works.
Banks as wealth creators e-banking is opening the doors to a bigger investing world online. Though branchless, this still requires some human interface.
Taking the bank out of the branch One can still go to the branch for the toffees on the teller counter. But to go there to check on the wire transfer expected from your brother in the US or to withdraw cash...no way. That is so last century.
Easy, inexpensive and engaging We are now working on a card-less cash withdrawal service that would help clients withdraw cash in an emergency from an ATM even if the person is not carrying his/her ATM card.
Faster, safer and specialised for you India has 70,000 branches, 30,000 ATMs, 20 million Net connections and 200 million mobile phones. And they are all networked. It does not take much to see where banking is headed.
Go to bank to get insured Bancassurance generates almost 22-25% of the new business for private insurance companies. This is a significant shift away from the purely agency-sales model prevalent prior to 2002.
How to pick a bank stock Stocks of HDFC bank and Power Finance Corp are safe bets. If you want to get more aggressive, consider IDBI.
How to do self-banking Shrink your entire financial life into the computer screen and manage it with just a click of a mouse anywhere, anytime, with no special knowledge of technology or finance.
Bring home the bank Through Internet, phone and mobile, banks are ready to reach you anywhere, any time. Learn how to get the most out of branchless banking. Sankaran Naren, Senior Vice-President and Head (Equities), ICICI Prudential AMC, tells us his mantra of investing. Today’s banking customer won't settle for less and has realised that he is The King.
Aligning abilities Experiential learning can be a huge differentiator in the course of one’s career. Enam Securities is not enthused about the auto sector because of rising interest rates. Kaytee Namgyal, 29, makes a success out of an offbeat profession. Here's his mantra. No matter the current debate, think long term and the rupee emerges stronger. Give or take a few points, all predictions see the Indian currency consolidating its muscle in the next few years, or at not depreciating the way it did in the past decades. Revising your insurance cover is important to remain financially secure. The interest on loan raised to build a house qualifies for deduction under Section 24 of the Income Tax Act, 1961, for a maximum of Rs 1.5 lakh. When it comes to writing on personal finance, the choice is not about whether to use numbers, but how to use them in a manner that is meaningful, instructive and above all simple. I started investing only recently and am not well versed with the subject. But reading your latest issue on mutual funds (B est Mutual Funds, 23 A ugust) was a great experience. All the articles were superb. Congratulations and keep up the good work. Amitabh Shrivastava's measured investments are the key to his success. What is the penalty for late filing of tax return? Pune-based couple must set out investment objectives and chart a strategy to leverage the advantage of earning and saving well at a young age. Singh's planned moves and belief in his abilities help him switch careers after 20 years. For long-term investors who understand a few economics fundamentals, this book is likely to improve their chances of investment success.
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