Unlocking Capital Market’s Riches

The secondary markets have been performing well in the last one year. Domestic and foreign investors as well as Indian Corporate have shown tremendous confidence in the India growth story and the future of the Indian markets, although there are still some concerns about global factors that could impact us and on rupee volatility. So this is possibly the best time to pause and think of what are the next big steps that will give the Indian markets the next big push. Extensive efforts have been taken by the market…

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Home Truths

There’s many a slip between applying for a home loan and getting the first loan disbursement from a bank. Here’s a primer on the intricacies of a home loan and how to bag the right loan deal If buying a home is a dream, home loan makes it a reality. There are a lot of middle class buyers who are opting for home loans to finance their home purchase. But how do you go about winning the best loan deal? What are the finer details you need to be aware…

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Is Online Insurance Safe?

Ananya is the antithesis of the modern online shopper: she refuses to buy anything online. Her reasons range from distrust of the seller or product to worries about the product never being delivered. Naturally, her misgivings about online shopping extend to online insurance purchase as well. Ananya’s doubts about online purchase are understandable. However, she and others like her could benefit from giving online insurance a chance. Online transactions have never been safer, and that certainly extends to online insurance policies. However, even seasoned online shoppers greet online insurance buys…

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ARE YOU CREDIT HEALTHY?

Your credit history has much to do with your creditworthiness. Being financially disciplined not only improves your credit score and your credit history, it also enables you to bargain a better loan deal Do you know credit score or a credit bureau is something that’s all Greek to a lot of Indians? Don’t believe us. Take the recent findings of a survey that says as much as 85% of respondents are ignorant of what a credit bureaus is. That’s not all. A staggering 92% of those surveyed didn’t know their…

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Not An Open and Shut Case

Navigating through open-ended or close-ended funds could be easier if you evaluate them on various parameters and judge their individual pros and cons Investment advisor are often asked if they would recommend open or close-ended mutual funds. When it comes to investing in a mutual fund, investors often misjudge their investment objective, risks involved, fund’s investment strategy, and more importantly, fail to understand the structural difference between fund types. It’s only human. Let’s take the case of open-ended and close-ended mutual funds. During the last quarter ending September, mutual fund…

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Happy Endings

Call it by whatever adjective — a golden walking stick or simply a financial product — reverse mortgage has its own worthiness for every senior citizen above 60 who doesn’t have much retirement corpus. For, not only can it have a significant impact on the quality of life after retirement, it also ensures financial security and a regular income flow for the aging couple for many years. Let’s get into this financial product and see how it works wonders for people who have inadequate or irregular source of income after…

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Investment Ideas From IPL

As in cricket, so in investing, it’s all about finding the delicate balance between playing out the tough overs to launch an all out attack when the wicket flattens out By Dharmendra Satapathy Using systematic investment plans (SIP) in mutual funds is perhaps the best wealth medication for people of this nation because India is a young country and the resource of “time” is available India is a developing country and hence people have income but less wealth Hence people are capable of investing small amounts for the long term,…

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5 Ways to Increase Your Home Loan Chances

As home loan interest rates continue to drop, more investors are now eyeing real estate investments. Moreover, real estate prices too seem to be more stable and affordable when compared to a few years back, presenting an additional incentive especially to those who are planning to buy their first home. Given this, it is a fact that not everyone who approaches a bank gets approval for the desired loan amount. You might have a good credit history, no other liabilities and a long service period, but still if you are…

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Financial Planning Lessons from Tanu Weds Manu Returns

Six things that the Bollywood blockbuster teaches you about managing money – By Hiral Thanawala Sequels hardly ever work in India. However, Tanu Weds Manu Returns (TWMR), a fairly low budget film and sans big name stars has broken several box office records with collections exceeding Rs 150 crore according to some estimates. In Short, the film is about the disintegrating marriage of the UK-based physician Manu (R Madhavan) and Tanu (Kangana Ranaut), his fluttering-butterfly wife. Like several marriages, this too begins to suffer the consequences of the two partners…

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Building on trust and Respect

Indians today are full of hope for the future. That is the result of our electing a leader who is trusted, and in whom there is confidence that he will bring big changes. But the process of realising our hopes is not easy. It will require all of us to realise what we need to do and how we need to change, if our hopes are to become reality. We need to understand that improvements and changes will not happen if we merely live off on the successes that we…

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