The importance of financial intermediation is being understood by all. Need-based, comprehensive and ethical financial intermediation can contribute significantly towards growth of a nation in terms of creating financial well-being at all levels within the society. Wockhardt is among the top gainers in the last six months with return of around 127 per cent. The recent poor performance of automobile stocks may soon be a thing of the past. Making money from equities is never easy. It's more difficult if the market is directionless, as it has been for the last few months. One way to handle such a situation without taking too much risk is investing in companies with good cash reserves.
In general, any dollar-denominated asset can give you good returns in today's times, but factor in all the elements that influence its price. Shares of companies which are the only ones in their sectors to be listed often get a good response from investors. One reason for this is scarcity. That is why most such stocks clock huge listing gains, though a few fizzle out after some time. The rupee has been falling against the dollar since August last year. Experts offer advice on investments that can help people gain from the situation. Quant funds use complex software to make buy/sell decisions. Returns from quant funds vary widely. Experts suggest investors should look at funds' past record. Globally, quant funds have a record of giving downside protection but failing to match returns from regular funds. There was a time when commodity trading was only for the rich. Not any more. With e-commodities, even small investors can now partake of the commodity market boom. E-commodities are an ideal choice for retail investors wanting a piece of action in the market.
Persisting negative sentiments in domestic equity markets have impacted long-term performance of diversified equity funds with average 5-year return being below 5 per cent. We list schemes which have recently acquired star fame after impressive performance in the past three years. Mutual fund watch: BSL Frontline Equity has outperformed its benchmark four times in the past five years.
If you are resorting to roundabout ways to save tax, be careful not to rub the law the wrong way. The government has upped the ante against transactions intended at avoiding tax. Money Today experts answer your personal finance queries related to any sector - banking, insurance, investment, tax, or loans. E-filing of income-tax returns has become mandatory for some taxpayers as the tax department tries to modernise.
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.
Money Today readers write back to the Editor with their feedback on the magazine's coverage of key sectors of personal finance.
Sam Abraham introduces new products and services to help you zero in on those that offer value for money.
A look at recent personal finance rulings which can affect you. Former finance minister Pranab Mukherjee suggests making electronic transfer of funds up to Rs 1 lakh free of cost. Market experts do not see much action in the primary market for the next few more months as uncertainty in the equities market is scaring investors away. The Reserve Bank of India's decision to hold the rate cuts for the time being may not bring the much-needed respite to retail borrowers, but investors in fixed-income instruments can take advantage.
Auto Bild gives you a checklist to make travelling in the summer easier, especially covering long distances.
The sluggish economy and the conservative reaction by firms make for a challenging time. Treat this new environment as a chance to enhance your skills by handling increasingly challenging roles or acquiring new skills.
Banking on the Internet saves time at no extra cost but the dangers are very real. Staying safe is about being diligent and smart. You don't need to work round the year for a regular income. Learn how to get paid repeatedly for a one-time effort. With a bit of creative thinking, you can set up online properties and businesses that bring a regular flow of income with minimal effort.
Rules for international students differ from university to university. The sum insured and the type of insurance required, too, vary.
With the number of affluent individuals rising, luxury residences have gone beyond the metros. Even in a tough economy, there is no dearth of options for buyers of luxury housing.
When we think about investing in precious metals, how often do we look beyond gold and silver? Not very, one would say. Platinum, say experts, can be a good portfolio diversifier.
While Irda Chairman J Hari Narayan says health insurance portability is working fine, things might not be all that smooth should you want to shift to a new insurer.