Be regular with your investment. It is best to allocate a portion of your funds from your monthly income and make arrangements to transfer it immediately to another account, from where you can plan your fund allocation for each investment. Do not use the bank account that you utilise for your day to day expenses,… Read More »
Remember, diversification is the name of the game when it comes to investment. Just putting your money in FD will not help you get the best overall returns. You also need exposure to equities to get the growth in capital and beating inflation in the long run. Hence it is advisable to invest into both… Read More »
Risk and Returns go hand-in-hand. When we look at high returns, the danger of risk is quietly lurking underneath, ready to pounce at a slightest miscalculation. Hedging refers to a method of reducing the risk of loss caused by price fluctuation. An example of a hedge would be if you owned a stock, then sold… Read More »
World Bank Group President Robert Zoellick recently said the Dubai debt crisis is manageable and would not affect India. Mr. Zoellick was in New Delhi for a meeting with policy makers, including RBI governor D Subbarao and Planning Commission deputy chairman Montek Singh Ahluwalia.
Largest private sector lender ICICI Bank is all set to operate as a local bank in Singapore, following an in-principal approval from the city-state.
Global funds invest in international companies and/or mutual funds investing in international companies. Some of these funds can also choose to focus on investing in international companies operating in a particular sector. Few funds are hybrid i.e. they invest a part of their money in Indian companies and remaining portion of their money n international… Read More »
Citibank recently launched CitiHome One, a unique universal mortgage product, that would enable customers to get a home-loan as a combination of a conventional term-loan and credit line. With the launch of this new scheme, customers will be able to enjoy the dual advantage of interest savings on their home-loans by utilising surplus funds as… Read More »
As part of its schemes for the festive season, leading public sector bank, Punjab National Bank has offered to grant home loans at floating interest rates up to 2.5 percent below the prevailing Public Lending Rate till the end of this year.
The Small Industries Development Bank of India has disbursed Rs 1,500 crore to 10 banks for lending to micro/unorganised enterprises. The loan is provided upto December 1 2009. In a written reply in the Lok Sabha, Minister of State (Independent Charge) Dinsha Patel said, “SIDBI has set up a special cell for providing re-finance to banks for further… Read More »
This year we saw introduction of currency futures i.e. contracts for buying and selling foreign currencies against INR. Currencies are thought to be one of the most liquid market due to presence of countless players and 24×7 market structure. Even if NSE and BSE close, an investor sitting in US can trade INR at that… Read More »