This article will try to look the pros and cons of investing in Infrastructure bonds for the sake of tax saving. The analysis will be from the perspective of the different “tax groups” post budget 2010. For the sake of parameters we will have to make an assumption on the lock-in period (as nothing… Read More »
For Saurav, today was a bit unnerving. He had received a call from his cousin Abhay in Ahmedabad and for once he was unable to make a quick decision. However, a thought struck him as he reviewed his financial assets. After all, NRIs were preferred borrowers in India…
The car market is abuzz with news that Ford is ultimately available in the showrooms.The price of the petrol model of Ford’s new compact car Figo lies between Rs 3,60,000-4,50,000 and the diesel model costs from Rs 4,50,000 to5,45,000 (ex-showroom, Delhi).
ULIPs basically work like a mutual fund with a life cover thrown in. They invest the premium in market-linked instruments like stocks, corporate bonds and government securities. Investments in ULIPs attract tax benefits under Section 80C. The returns and the lock-in period depend on the plan chosen.
Japanese car manufacturer Nissan said it is holding talks with Ashok Leyland for development of a small car for the world markets that can cost about $4500-5000. The company said the project has yet to find a way out to manufacture such an economical car.
For the auto sector, the budget did not roll back the stimulus package except for the 2% excise duty hike in passenger vehicles. The auto companies might pass on the hike to the consumers. Extension of R&D benefits will encourage investments in the sector. Higher thrust on agriculture will boost demand for tractors and increased… Read More »
As you plan for retirement, your portfolio should consist of a range of instruments (equities, mutual funds, bonds, debentures, property, gold) depending upon your objectives and risk profile. Remember that the older you are when you start to save towards retirement, the harder it becomes. Also, with falling interest rates and increasing volatility in the… Read More »
If one if not a person who can extensively devote hours to stocks, he should try to stick to the blue chips. These are companies that have been in existence for a long time, have posted positive numbers every time, mutual funds hold investments in them and are market leaders. These stocks may seem to… Read More »
Bad loans of Indian banks can go up to 3.25-3.75% of total advances as compared to 2.17% as of March 2009. This was reported by credit rating agency, ICRA. The analysis used the functioning of 43 commercial banks, both public sector as well as major private sector banks, comprising 90% of the market.
BMW 325i petrol did not have the same impact as the BMW 320D in the Indian luxury car market. Taking note of this fact, BMW India has ultimately decided to stop the BMW 325i and introduce BMW 330i as a new model in the BMW 3 series. The BMW 330i has 6 cylinder petrol engine… Read More »