Should You Opt for a Gold Savings Scheme?
Kick-starting with Dussehra, the festival season has begun in earnest, and so has the gold-buying season. The celebration will peak next month during Diwali and Dhanteras, which are considered the most auspicious for buying gold. Most Indians still prefer to hoard gold the old-fashioned way jewellery and coins rather than invest in paper gold. Should [...]
Tax breaks for first-time investors in shares, mutual funds
NEW DELHI: The government on Friday allowed first-time investors in top shares, equity mutual funds and exchange traded funds to avail of tax breaks in a move aimed at encouraging individuals to move from gold and real estate to financial assets and also expand the investor base. In the last budget, the government had announced [...]
SpeakAsia and AdMatrix: The gang of MLM operators
Senior officials from investigating agencies have been saying that there are sets of people who move from one place to another floating a new MLM or Ponzi scheme SpeakAsia, the now defunct online survey company, which is embroiled in a multi-crore scam and AdMatrix, another multi-level marketing (MLM) operator not only share the same business module but it is [...]
5 Tips for Investing in Fixed Deposits
It may be a good time to open a fixed deposit and lock in at high levels before the interest rate cycle turns. But before you do that, we list out the key things you need to know before investing in these fixed income options. FDs are not entirely safe While corporate deposits are unsecured [...]
How to Invest in Gold Without Feeling the Pinch
With the gold rate reaching an all-time high of Rs.26,198 per 10 grams yesterday, we can’t help but think that gold is truly a worthy investment. After all, it’s the only one that has shown consistency over the decades. Of course, not all of us are able to invest a small fortune in a tola [...]
How to Manage Your EMIs
Sometimes purchasing something on an EMI (Easy Monthly Installment) is anything but easy in the long run. If not done properly, an EMI purchase can give you sleepless nights on how you are going to make the payment. But, don’t let that dishearten you. Here are a few handy tips to follow. First on the [...]
Cheques’ Life Span Cut Short
If you often delay depositing your cheques for credit into your bank account, be warned. From 1 April 2012, cheques, drafts, pay orders and banker’s cheques will be valid for only three months. Currently, these instruments are valid for six months from the date of issue. The Reserve Bank of India (RBI) said that some [...]
Rates on small savings schemes increased
In its bid to render the National Small Savings Fund schemes more attractive to investors by way of returns and halt the tendency to switch over to bank deposit schemes, the government, on Monday, hiked the rates of interest on post office small savings plans by up to 50 basis points for the new fiscal [...]
3 Top Questions To Ask Potential Mortgage Lenders
People about to buy a house rarely buy the first one they see. Most want to look around and see what the local market has to offer before settling on one. Similarly, you should never settle for the first mortgage lender you find. Mortgage lending is a very competitive business, so shopping around could net [...]




