The social network cannot be ignored, whatever be the size of your
business. In fact, it could become your closest ally if you are running a
small enterprise. Money Today tells you how you can use social media to your advantage to promote your business.
Many insurers have started selling online terms plans through agents as
they believe that buying online is difficult for those who are not
comfortable navigating the internet. So, their agents help customers buy
online plans, as these are cheaper than the offline versions.
The Securities and Exchange Board of India (Sebi) has proposed measures
to make mutual funds more popular. These include tax incentives, more
disclosures and high entry barriers. While these promise to improve mutual fund offerings, but critics think otherwise.
Indians have the option of investing in more than 5,500 mutual fund
schemes. These include 300 in the equity category alone. That's why finding the right fund is not the easiest of jobs. Money Today discusses
a few pointers investors can use to select mutual fund schemes.
Over the years, Indian investors' perception about mutual funds has evolved. Unfortunately, investors are unable to assess mutual funds holistically, writes ICICI Prudential AMC MD and CEO Nimesh Shah.
Samir Shah, Managing Director and Chief Executive Officer, NCDEX, tells Money Today that the exchange will encourage physical traders, farmers and retail investors to actively participate in the market and become stakeholders in its growth.
Experts are not expecting a 2013-like run this year. Strengthening of
global economies and depreciation of the rupee against the dollar were
the main drivers of technology stocks in 2013. Experts say the 2013-like
rupee depreciation is unlikely in 2014, though improved earnings of
companies will help their stocks maintain momentum.
There are many people who make costly financial mistakes every year between January and March while investing to save
tax or declaring expenses against which they can claim tax deduction.
Money Today talks about a few such mistakes.
Book value represents that part of the accounting value of a business that will be left after debts are paid off. Several good stocks are trading below their book value. Some can give decent returns in 2014.
Indications are that the process is likely to be smooth since the RBI seems to have quietly worked with banks to already suck out a lot of pre-2005 notes. Money Today lists out some of the queries that might naturally come to your mind -