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Will gold price touch all-time high this year? [ad_1] Gold has been in sparkling form in recent months. Since October 2022, domestic gold price has shot up nearly 16%, rising from Rs.50,760 per 10 gm to Rs.58,800 per 10 gm. This sharp uptick has added gloss to gold’s long term return profile. Will the metal continue to shine? 2022 was ...

RBI acting to curb inflation, capital outflow: FM Nirmala Sitharaman Defending the interest rate hikes by the Reserve Bank of India (RBI), Finance Minister Nirmala Sitharaman on Monday said that the central bank is not necessarily synchronising with central banks of the developed world, but acting to control inflation and capital outflow. “None of us ...

Life insurance stocks good bets now: 5 stocks with up to 37% upside potential [ad_1] Budget proposals restricting tax benefits for non-Ulip insurance policies and increase in benefits in the new tax regime have heightened price volatility of insurance stocks. Between 31 January and 13 February, HDFC Life lost 11.1%, Max Life lost 11.7%, LIC lost 7.1% and both SBI ...

Axis Bank Loan Rates: Axis Bank hikes home loan, other loan interest rates by 10 bps [ad_1] Axis Bank has increased its marginal cost of funds-based lending rates (MCLR) across tenures by 10 basis points, according to the private sector lender’s website. The new rates are effective from February 18, 2023. Axis bank loan ratesAccording to the Axis Bank website, ...

Motilal Oswal AMC introduces new features in SWP; calls it ‘FAB’ plan Motilal Oswal Asset Management Company (MOAMC) has announced a new feature of its SWP facility called the Motilal Oswal Fixed Amount Benefit (FAB) Plan. Investors can withdraw a regular amount of their investment at a fixed percentage and at a predefined frequency, regardless of the ...

Employees Pension Scheme: Eligible employees who missed higher EPS pension option earlier can still apply: Latest EPFO circular [ad_1] If you have been a member of the Employees’ Pension Scheme (EPS) from before August 31, 2014 — and continue to be one even now — you have another window to opt for a higher pension. The Employees’ Provident Fund Organisation ...

Banks, financial institutions should safeguard banking security, says RBI In view of the cybersecurity risk posed to the banking sector, Reserve Bank of India Executive Director Rohit Jain on Monday asked banks and financial institutions to adequately resource the banking security structure. He also underlined the need to be prepared for the potential impact of ...

EPFO Guidelines: EPFO issues guidelines for higher pension from EPS: Know where, how to apply [ad_1] Employees Provident Fund Organisation (EPFO) has issued guidelines dated February 20, 2023, giving procedure for eligible employees to apply for higher pension under the Employees Pension Scheme (EPS). Even employees who had not earlier applied for higher pension but were entitled to do so ...

5 reasons ACC is this week’s stock pick [ad_1] Synopsis Government thrust on roads, irrigation and other infrastructure projects, particularly in pre-election year, is expected to boost cement demand and brighten ACC’s prospects. The cement player reported numbers higher than estimates in the December 2022 quarter supported by an increase in volumes and realisation. EBITDA and net profit were 5.6% ...

HSBC Small cap mutual fund review: Should you invest? [ad_1] ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.BASIC FACTSDATE OF LAUNCH5 DECEMBER 2014CATEGORYEQUITYTYPESMALL CAPAUM*Rs.8,672 CroreBENCHMARKNIFTY SMALLCAP 250TOTAL RETURN INDEX WHAT IT COSTSNAV**GROWTH OPTIONRs.47.46NAV**IDCWRs.30.93MINIMUM INVESTMENTRs.5,000MINIMUM SIP AMOUNTRs.500EXPENSE RATIO*** ...