- With the Pension Fund Regulatory and Development Authority (PFRDA) becoming operational and planning a new scheme for the public from April 2009, the stage is set for action in the pension industry. PFRDA Chairman Dhirendra Swarup tells Narayan Krishnamurthy how the new plan will work.
Nowhere is the resilience of Indians more apparent than on the Sensex, which seems to shrug off the effects of terror attacks every time. While the 9/11 slide was more an after-effect of the American markets. As Dipen Sheth indulges in introspection, he proposes a change in the management of portfolios. An interactive style, he hopes, will help deal with the crisis in a better way. Corporate earnings are likely to fall this year. Money Today studies the top companies and sectors to examine their performance over the next few quarters.
After huge redemptions in September and October, November saw investors’ confidence returning.
This Visakhapatnam-based couple must try to increase surplus money and invest it in equity diversified funds to accelerate the growth of their portfolio.
The Income Tax Act offers exemptions for certain categories of allowances. You can opt for some of these to minimise your tax outgo. Besides these, there are some tax-free allowances on which the employer has to pay the fringe benefit tax.
The economic downturn has spawned several misconceptions. One such erroneous notion is that the Indian economy is facing recession. Here’s what it means and why it is not correct.
Money Today-Plexus Management evaluates the new IDFC Tax Advantage (ELSS) Fund. It is better to invest in a fund that has earned enough to reach a high NAV and thus ensures dividends for the period that you are locked in. Debt investments are not risk-free, though the risk is lower. Also, there is always a liquidity risk during uncertain times. This year, the mutual fund space will witness tougher regulations, some new players and investor-centric plans. During an economic slowdown or recession, it is not advisable to follow a fixed investment style in mutual funds as it can be detrimental to the fund’s performance.
Depression, recession, bear market... all have translated to job scares, a slowdown in demand and panic attacks. Here is a recap of the spillover effects of the ongoing economic imbroglio in the last fortnight, across the globe. Policyholders gain by staying with an insurance policy, and insurance companies benefit by offering better prices and making it possible for the policyholders to stay on.
Wealth is best created through rational investing in great businesses when they are undervalued. But doing so with no reference to economic fundamentals is not rational.
Fast cars, powerful bikes, snazzy phones, gripping games… The new year is set to offer more than its share of goodies for gizmophiles. These are just some of the many gadgets that are likely to hit the Indian markets in 2009. We also look at the new technologies that are bound to rivet the masses.
Given the global financial crisis, 2009 shows every sign of being a slow year for retail sales. To lure upscale customers some of the globe's biggest brands are coming up with attractive price cuts.
We will be coming out with a special issue on tax soon. So keep an eye out for our taxation issue. You may also find the tax calculator on our Website useful.
It is clear now that the impact of global recession on India will be severe. It may not suffer as much as the developed economies like the US, Europe and Japan, but the situation here will be worse than what was anticipated a couple of months ago.
Eight friends from diverse professions join hands to launch Monster Fishing, a company that offers a unique fishing holiday on the picturesque Andaman Islands.
There is more philosophy than finance in these cult books, but randomness requires this extensive build-up to be executed, or even understood, says Kamya Jaiswal.
At an age when most people are planning to retire, Jagdish ‘Maruti’ Khattar has turned entrepreneur. With Carnation, a network of multi-brand auto sales and service centres, on the road, the 66-year-old is raring to go, says Rakesh Rai.
A life insurance policy covers your life, offering benefits in case of death. Riders are a good way of enhancing a policy without having to pay as much. They not only help spread the risk but can be selected to suit specific needs.
In India instant noodles aren’t the cheapest of foods though they are considered convenient by millions of mothers and young, working professionals.
Credit is a double-edged sword—it can help you fight financial difficulties or land you in one. In a bid to expand, companies let the uninitiated rack up debt without informing them of its costs. Take this short quiz to find out how well you manage debt.
The kind of loan you have taken will decide whether you should foreclose or stick to the EMI schedule. Foreclosing a loan may not always be a simple procedure or the best option. Here are the facts you should consider before doing so.