Equities can be one of the most profitable investments provided one buys
the right stocks and stays invested for a long period to ride out
market ups and downs. Money Today lists out the best picks among the 50 stocks in BSE-200 that have more than doubled since 2008.
K Sandeep Nayak, Executive Director & CEO, Centrum Broking, says next year's growth should get GDP back to the 6+% levels. If the
elections result in a stable alternative to the current formation, it
will be perceived positively by the markets.
If you are looking to buy a traditional endowment policy, it's best to
wait till next year. Not only will you get a better product, you will
also pay less commission to your insurance agent. Traditional endowment policies are set to get cheaper and better.
In its second quarter monetary policy released October 29, the Reserve Bank of India reduced the marginal standing facility, or MSF, rate, at which it lends
emergency funds to banks, by an identical margin. This rate cut is
putting downward pressure on short-term rates.
The Reserve Bank of India (RBI) has given its nod to a pilot project to
check the technical and operational feasibility of allowing cash
pay-outs from prepaid payment instruments such as mobile money of
The Employee Provident Fund Organisation (EPFO) has temporarily
discontinued the option it gives for making higher contribution towards
the Employee Pension Scheme (EPS) than the prescribed limit as 'the
pension fund is running at an overall deficit', according to an EPFO
Kotak Mutual Fund CEO Sandesh Kirkire says improved agriculture output and the onsetting lag of reduced crude oil prices may help bring down inflation in coming months. This should pave way for monetary easing and may provide equities and debt market a sizeable sentiment shift going ahead.
Gold and silver prices have been cooling off of late. Market analysts say the upcoming wedding season and supply crunch due to
import curbs could support these precious metals till March 2014. These are still good investments for the medium term.
Have you been served a notice by the income tax department of late? If yes, there is no need to get flustered, say experts. A notice does
not necessarily mean you have committed a crime. Even a minor error in
tax return can invite a notice from the tax department.
Stocks of banks, both private and public, have been facing a
lot of pressure recently, with public sector banks worse off than the
private sector ones. While experts seem to be bullish on the sector over the long run, short-term worries remain.
When you plan to buy a house, the most important decision you have to
take is whether to go for a ready-to-move or an under-construction one. We take a look at the taxation aspect of the key purchase of your life.
Sujata Sudarshan, CEO, Overseas Indian Facilitation Centre says NRIs can invest in equity either through the primary or
the secondary market. You can invest in the primary market through
IPOs, FPO, and the
secondary market through a Portfolio Investment Scheme.
It's that time of the year again when people start planning their taxes.
Most delay this till the last moment and then invest without giving
serious thought to the tax-saving instruments at hand. We bring you all the options you can avail of to reduce the tax burden.
The BSE Sensex touched a new high of 20,850 on November 18 2013, just as it did nearly six years ago on January 8 2008. However, huge changes have taken place beneath the surface during the intervening period, writes Money Today Executive Editor Sarbajeet K Sen.