We tend to invest in peaking markets, losing out on market gains in the process. The wise thing to do would be to follow an investment plan. Are you scouting for a loan to buy a house, a car or for your child's education? Given below are the best deals on offer from public and private sector lenders. A number of banks and HFCs reduce the interest rate on floating rate loans for a fee. There is also the option of shifting the loan account to a lender offering a lower rate.
Knowing when to resign can help you get a better job without hampering goodwill.
Though India remains the biggest consumer of gold, the demand for the precious metal declined in 2011 from 1,006.3 tonnes in 2010. Markets regulator Sebi has made it mandatory to reserve 15 per cent of the offer for retail investors with holdings up to Rs 2 lakh in the company. The insurance regulator has floated a draft proposal suggesting that 'insurance need analysis' of customers by intermediaries and insurers be made mandatory before sale of insurance policies. The Reserve Bank of India has asked banks to locate and refund unclaimed deposits estimated at over Rs 1,700 crore to customers or their legal heirs. The Insurance Regulatory and Development Authority wants to curb mis-selling by agents and brokers who ask people to make advance payments to avail of discounts on premiums. With the Reserve Bank of India allowing non-bank entities to own and operate ATM networks, bank account holders in rural and semi-urban areas may find it easy to withdraw money. Personal Finance experts on latest trends in the sector. No.1 The Multi Commodity Exchange is set to become the first publicly-traded exchange in India. It is also the first public share sale of 2012. A look at recent rulings from banking, stock market, commodites and insurance sectors which can affect you. RBI has asked banks to exclude stamp duty, registration and other documentation charges from the total value of the home for calculating the maximum amount of loan that can be disbursed for property. There are several factors that will determine the rupee's movement from here on. High inflation, deficit concerns and India's high import bill could have a bearing on the currency.
Looks can be deceiving. These devices can do what they are meant to - and what they aren't. People fail to realise the huge opportunity in the virtual world where websites - priced at 8-10 times the monthly income they generate - are undervalued compared with other investments.
Money Today readers write in with their financial queries to have the magazine's experts help them out with sound advice.
It is important to review your insurance portfolio from time to time to know what's redundant. Here are a few points you must consider before surrendering your existing policy. Amarnath Ananthanarayanan, MD & CEO, Bharti AXA, talks to Chandralekha Mukerji about the most recent changes in the insurance sector and their impact.
Market experts have a word of caution for you if you plan to invest in firms which are going to buy back their shares. There are signs that the Reserve Bank of India will soon be reversing the rate increase cycle. This should be reason enough for you to tweak your fixed income portfolio. Are stock markets sensing better days ahead for India Inc? Third quarter results showed India Inc in better shape than expected. The next quarter may bring positive surprises. Inclusion in an index is usually positive for a stock. Here's how you can make the most of it.
While global trends may be reflected in some commodities, experts feel domestic prices of some commodities may move in a different direction.
Infrastructure remained one of the worst performing sectors in the past one year. However, on an average infrastructure funds gained 4 per cent in the past five years.
The cover package on the rupee movement (The Rupee Impact, February 2012) and its impact on individual finances was very illuminating, writes Jyoti Jairam from Allahabad.
Investment tips - Even at the end of the financial year, choosing the appropriate tax-saving instruments can ease your burden.
The worst seems over for stocks of small-cap and mid-cap companies, which had to bear most of the brunt of the market slowdown last year. It may be the right time to invest. Tata Motors is among the top gainers in the last six months with return of over 60 per cent.
Be careful with the spare cash that you are looking to invest. Dubious schemes are being floated by scammers to entice investors with promises of astronomical returns.