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Thursday, January 27, 2022

For a steady income

September 11, 2010 10:38:19 pm

Systematic withdrawal plan helps redeem predefined amount of investment at regular intervals.

National Seed Corporation turnover jumps 62%

September 10, 2010 10:57:41 pm

National Seed Corporation Ltd has reported a jump of 62 per cent in its turnover of Rs 472 crores in the financial year 2009-2010.

OPEC at 50 and the next 50 years

September 10, 2010 3:59:59 pm

OPEC on Sept. 14 marks 50 years of existence.

Olive Telecom partners with Airtel

September 10, 2010 1:54:14 pm

The users will have an advantage of a free Airtel connection with the handset.

Stripped-down Alto to be priced at Rs 2-2.5 L

September 10, 2010 1:11:33 am

Stung by rising competition,the country’s largest carmaker Maruti Suzuki plans to penetrate the low-cost car market with a stripped-down version of its best-seller Alto.

Seoul shares end up 0.3 per cent

September 9, 2010 3:39:39 pm

Seoul shares ended up 0.3 per cent on Thursday helped by rallies in retailers.

E-platform launched to benefit air ticketing agents

September 7, 2010 8:57:36 pm

An integrated E-platform was launched by Travel Agents Association of India (TAAI).

MSI introduces F-Series laptops in India

September 7, 2010 6:06:40 pm

Micro Star International (MSI) expanded one of the broadest line-up of notebook computers in India.

GTL axes Reliance Infra’s $11 bn deal

September 6, 2010 9:45:58 am

GTL Infrastructure said it has called off the deal to merge the telecom tower business...

Fund houses will have to tap non-metro markets to grow

September 4, 2010 11:14:00 pm

As per the country head of Bharti AXA,Vikaas M Sachdeva,stock exchanges are a good alternate distribution models for mutual funds. He also says that mobile phone technology will turn out to be a decent distribution avenue going forward.

The tax angle to inherited land,building

September 4, 2010 11:08:27 pm

While you would be happy to receive inheritance from any family member,the tax impact of of inherited immovable property has to be assessed carefully.

Retirement planning & investment avenues with rule 72

September 4, 2010 11:05:15 pm

Saving for retirement and planning for retirement are two different things. Before we plan for retirement,let’s have a look at the ‘Rule of 72’. By dividing 72 by the rate of return,one can get a rough estimate of how many years it will take for the initial investment to double.

Long-term capital gains on selling shares after a year

September 4, 2010 11:00:20 pm

The Central Board of Direct Taxes notified the increase in the limit from Rs 3.50 lakh to Rs 10 lakh effective May 24,2010,in case of employees who retire,or become incapacitated before retirement,or expire,or whose services are terminated.

Precious paper

September 4, 2010 10:54:59 pm

Did you know that now there is a way to invest in gold without actually holding the physical material in coins,bars or jewellery form?

At this SBI branch,it takes Rs 1 cr to open an account

September 3, 2010 3:05:15 pm

SBI has inaugurated first of its kind branch for HNI where it takes minimum Rs 1 cr to open an account.

GDP flap could put rate hike plan on freeze

September 2, 2010 12:47:32 am

Even as the government said it will not scale down the April-June quarter GDP growth number of 8.8% released on Tuesday,an internal analysis of the data by government agencies has pinned the discrepancy on the incorrect use of inflation numbers. Minus the mistake in the inflation or deflator,while the GDP at factor cost will stay unchanged,the market price based estimate will climb to near 10%. However,the question marks on the scale of the revival in the economy could mean the Reserve Bank of India will not raise key interest rates anytime soon. Finance minister Pranab Mukherjee told reporters the government will stick to the GDP growth forecast range of 8.50-8.75% for 2010-11,despite the data which showed the demand and supply figures for the economy differing by a wide margin. According to Pronab Sen,former chief statistician,the deflator used to arrive at the production based GDP data is about 12.9%,but the alternative estimate of expenditure-based estimate has used a deflator of 21%,patently wrong. “If the two had used the same inflation index,the market price based estimate will climb to 10%,” he said.

Cairn cannot sell stake to Vedanta without our consent: ONGC

August 30, 2010 6:23:01 pm

The state firm owns 30% in Rajasthan block that is at the centre of Cairn Energy's $8.48 bn deal.

DTC bill proposes exemption limit of Rs 2 Lakh

August 30, 2010 3:29:36 pm

The Government tabled the much-awaited Direct Taxes Code bill (DTC) in the Lok Sabha.

It’s premature to adopt advisory-fee model at present

August 28, 2010 11:09:36 pm

Chief operating officer of Kotak Mahindra Old Mutual Life Insurance G Murlidhar says choice of an insurance product should be based on an individual’s life-cycle needs,financial capacity and risk appetite.

Lump-sum investment route for high-risk appetite,long-term plan

August 28, 2010 10:58:18 pm

The markets are surely on a roll; still,we cannot rule out the unpredictability associated with equity investments. As far as mutual fund investments are concerned,it entirely depends on your risk appetite and time horizon.

‘No development at cost of the poor’

August 27, 2010 12:46:58 am

Describing the rejection of environmental clearance for the Vedanta bauxite mining project in the Niyamgiri hills as ‘a victory for tribals’ of the area,Congress general secretary Rahul Gandhi on Thursday said...

Tata Chem: Rising sales or overdone rally?

August 24, 2010 12:10:55 pm

Shares of Tata Chemicals have risen more than 63 per cent over last 12 months.

L&T bags two orders worth Rs 1,195 cr from ONGC

August 23, 2010 12:38:07 pm

ONGC orders were for construction-related works.

Mahindra signs pact to acquire SsangYong Motor

August 23, 2010 12:33:30 pm

The Indian auto giant will acquire a majority stake in fledgling South Korean vehiclemaker

New kid on the block packs a punch

August 23, 2010 6:12:18 am

Discernible investors may find ETFs a safer and better bet compared with mutual funds...