Govt’s intervention to protect rupee takes large bite from record reserves India’s intervention to protect the rupee is running down currency reserves at a rate that’s poised to eclipse the drawdown during turmoil a decade ago. While economists and the Reserve Bank of India aren’t ringing any alarm bells just yet, investors are watching closely given the ...

stocks: When net profits grow faster than economy: 6 stocks with up to 41% upside potential [ad_1] National economic parameters have a bearing on the performance of stock markets due to the working mechanism of the economic system. A booming economy lifts consumer confidence which leads to increased spending on consumer products and services. The rising optimism supports stock markets ...

Retirement Goal: MF portfolio doctor: Late start, small corpus will pare Bhowmik’s retirement goal by half [ad_1] Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if ...

Global Bond INdex: What India’s inclusion in global bond index means for local investors [ad_1] The local bond market is abuzz with murmurs that India may finally be included in a major global bond index. Indian bonds are likely to find space in JP Morgan Global Bonds Index – Emerging Markets, opening the gates to a flood of foreign inflows. ...

Credit Card Selection: How to choose the right credit card: Answer these 7 questions [ad_1] Credit card issuers lure customers by offering a variety of joining benefits and co-branded deals. So, you need to be smart about which ones work best for you as your card usage should be aligned to your spending habit. Here’s a short quiz to help ...

Asset Monetization: 5 reasons you must monetise all assets [ad_1] Assets must align to life cycle needs. This principle must have been repeated in various forms and examples in this column over time. But it comes back every now and then. The enthusiasm with which investors build assets, the sacrifices they make in the process, the pride they enjoy with ...

Market: Order book for security market: 5 things to know [ad_1] 1.An order book is a list of buy/sell orders for any security or financial instrument. 2.All order details, including price and quantity, are recorded in the order book. 3.The orders can be market orders, limit orders or stop-loss orders, which would be executed at the current market price or ...

FinMin calls meeting of PSB chiefs on Sep 21 to take stock of vacancies The finance ministry would review vacant positions and monthly recruitment plan of public sector banks (PSBs) and financial institutions in a meeting on Wednesday, sources said. The meeting would also review the procurement of banks and financial institutions through the Government e-Marketplace (GeM) portal. The meeting, ...

Plots Purchase: I bought four plots of land in the names of my two sons. Do I have any right to the plots purchased? [ad_1] Queries answered by Raj Lakhotia Founder, Dilsewill Q.I bought four plots of land in the names of my two sons, who were 19 and 17 years old at the time. Do I have any right ...

Currency internationalisation: India pushes for rupee trade with Cuba The Centre is pushing for bilateral trade with Cuba and its settlement in rupee as a part of its strategy to internationalise the domestic currency. A delegation from Cuba, including officials from its central bank, met Indian government officials and banks last month to discuss bilateral trade and ...