Select your interest and accelerate your financial growth.

AMFI CALMS INVESTOR NERVES ON FATCA

For those of you worried by reports that your mutual fund accounts would be shut pending FATCA compliance, take a breather. The Association of Mutual Funds in India (AMFI) has categorically clarified that it has only proposed “freezing of accounts” of those investors who fail to submit their FATCA filing before the August 31 deadline. This, however, does not mean that the non-compliant MF accounts will “forced into redemption” or “impounded” (shut down). Thus, when an investor’s account is frozen, it only means that “further transactions will be stopped” until the FATCA filing is completed, while you will continue to...more
Print This Page

PROFIT FROM GOLD WITH GOLD BONDS

The first series of bonds under the Sovereign Gold Bond Scheme is now open for subscription. The scheme was launched by the Government of India and offers investors the same benefits as holding physical gold. Its returns are linked to price of gold. Gold bonds can also be used as collateral for loans be sold or traded on stock exchanges. The salient features of the product are as under: Product details Sr.No. Item Details 1 Product name Sovereign Gold Bond 2016-17 – Series I (July’16) 2 Issuance To be issued by Reserve Bank India on behalf of the Government of...more
Print This Page

CHENNAI FLOODS – THE LESSONS WE CAN LEARN

A look at the lessons the Chennai floods have taught us and what you can do to have your own safety ring in future CHENNAI FLOODS - THE LESSONS WE CAN LEARN It’s not every day that a random post by Ramesh Karthik, a software engineer in Chennai, gets shared on social media 226 times. Not surprisingly, it struck a chord with everyone who read it: “Till two days ago, I was getting worked up about my appraisal at office. I have completed seven years in my company and I am long overdue for a six-month offsite to San Francisco....more
Print This Page

MAKE IN INDIA – A MYTH OR REALITY

MAKE IN INDIA - A MYTH OR REALITY Make in India will be a success only if factories can provide employment and if the government can provide facilities such as education and other support services for rural folks. Sustaining the beauty of the campaign depends on how fast we create all other services which might take several years. It is also time for the Govt. to sell this idea to India Inc. The first seeds of ‘Make in India’, a popular concept launched by prime minister in September 2014, seems to have been planted way back in 1944 by Mahatma...more
Print This Page

SPICE UP YOUR PORTFOLIO WITH MASALA BONDS

Spice Up Your Portfolio With Masala Bonds Masala bonds, or offshore rupee bonds or rupee denominated bonds, add a unique flavour to the bouquet of investment choices available to global investors. These bonds are rupee-linked and issued in markets outside India. Usually issued for 10 years in overseas markets and settled in US dollars, masala bonds are used to raise rupee loans for domestic companies from foreign investors. Foreign investors who have an eye on India in terms of investment can park their funds in these bonds without any direct exposure. Features of masala bonds For long, many Indian companies...more
Print This Page

DECEMBER SETS THE TONE FOR NEW ECONOMY

December Sets The Tone For New Economy December seems to be an action-packed month with the winter session of parliament lined up on GST and Land bill while the Fed meeting is lined up on the international front. Whichever way these events unfold, it will have a direct impact on the markets in the fast approaching new year Step back to mid-2013 when the Indian economy was fragile and the Fed threatened to taper Quantitative Easing (QE), India went through a pretty rough time—currency went down 20%, equities went down in high double digits. Cut to 2015 and India is...more
Print This Page

What Happens When You Cannot Repay Your Home Loan

What Happens When You Cannot Repay Your Home Loan? If a job loss or illness has prevented you from paying your EMIs, there are many ways to tackle the issue including asking the bank to restructure your repayment to reduce the monthly EMI by extending the loan tenure Owning a house is a dream for an average person. One can generally not own a house without borrowing either from friends and relatives or by taking home loan especially in metro cities. While buying the house, especially the first house, a person stretches himself financially and exhausts all his savings. He...more
Print This Page

FATCA will soon become Mandatory

FATCA will soon become Mandatory We all come across issues and ideas related to the world of finance that sound Greek and Latin. Worry not. We are here to guide you through the maze FATCA will soon become Mandatory FATCA has been the talk of the country for the past couple of months. Most of the Indian investors would have heard this term but not sure about the regulations surrounding it. If you are among them, here’s the lowdown on FATCA. What is FATCA? India and the US have signed an inter-governmental agreement in order to implement the concept of...more
Print This Page

ALERT: ECONOMY ON A MODIFICATION MODE

Alert: Economy on a MODIfication Mode Whatever be the criticism of the current government, it has not so far deviated from its agenda on long term development. No doubt it has stumbled in its inability to take along the opposition and hasn’t cut much ice in areas like APMC and labour reforms. However, Modi’s government has shown urgency in pushing hard on all other fronts Developments post Bihar election was the best that could have happened for the country. No, this is not about the election results or tolerance; this is about the reform measures taken by the government post...more
Print This Page

INVESTMENT LESSONS FROM THE GAME OF FOOTBALL

Investment Lessons from the Game of Football Like in this game of double and dribble, staying on the defensive, going for an all-out attack and staying realistically optimistic holds good when you are playing with your money as well The game of investing is a lot like football. You have to tackle your problems, block your fears and score your points when you get the opportunity. Tactical analysis and planning have become essential in football as well as investments. Managers and investors in both these fields need to be on top of their game to ensure that all their efforts...more
Print This Page