RBI action: Brace up for a hike in your home loan rate

Home loan burden.jpg The Reserve Bank of India on Friday surprised the market with a 25 basis points hike in the repo rate — at which the RBI lends to commercial banks — in its effort to tame the inflation which breached more

The volatility and you: Debt may be a safer bet

Money.jpg For investors, there could be no better proof of the compelling need to tread cautiously in the equity markets than the wide swings seen in market movements between Thursday and Friday. On Thursday, more

Express Clinic

Name: Sushil (65) and Aarti Joshi (60) Reside in mumbai Profession: Recently Retired Annual income (Rs 16.20 lakh) Status & goals Sushil Joshi has recently retired from a company where he worked more
Short Change

Power of Attorney holder can also file cheque bounce cases: Supreme Court

Power of Attorney holder can also file cheque bounce cases: Supreme Court New Delhi: The Supreme Court has held that a criminal complaint in a cheque bounce case can be filed and pursued by a person more

In tough times, used looks better

Used cars.jpg As the economy navigates a slowdown, consumers are moving away from the fancied car market and in the five-month period between April and August of the current financial year, it was only in August more

Mutual funds: Entry load might make a comeback as fund houses battle downturn

Mutual Fund.jpg The mutual fund industry is pushing for the return of the entry load. Even as Sebi does not deny the possibility of reversing the ban, there is a need to evolve better mechanisms to reward more

Express Clinic

Prerana is an ex-banker. The last year has been one of transitions for Rajesh and Prerana. They went from ‘double income no kids’ family to ‘single income’ family with twins. Name: Rajesh (36) and more
Short Change

RBI allows cash withdrawal of up to Rs 1,000 per day via prepaid cards

RBI allows cash withdrawal of up to Rs 1,000 per day via prepaid cards Mumbai: The Reserve Bank has allowed cash withdrawals of up to Rs 1,000 a day through prepaid cards, including gift cards, more

Why not encourage partnerships in investment in human capital?

Food security.jpg It is widely acknowledged among learned circles that a larger drawdown of inventory of stock of foodgrain (some of which rots) and corresponding subsidy payment is limited by current accounting more

Express Clinic

Name: Simple Chauhan (37) Resides in Mumbai Profession: Architect Annual income (Rs16.80 lakh) Status & goals Simple is a single and wants to remain so. She lives with her parents in a rented more
Taking Stock

In boom and gloom some stocks have never ceased to grow

Money.jpg A look into the performance of Sensex companies since 2008 reveals that IT, Pharma, FMCG and auto sectors have generated substantial returns irrespective of the economic growth of the country, while more
short change

RBI allows premature encashment of 8% Savings (Taxable) Bonds

RBI allows premature encashment of 8% Savings (Taxable) Bonds Mumbai: The Reserve Bank of India has permitted premature encashment of 8 per cent Savings (Taxable) Bonds for individual investors who more
Insurance Lessons

Flexible investments offer more returns

A week ago, the Insurance Regulatory and Development Authority (Irda) allowed insurance companies to invest funds in Category II Alternative Investment Funds (AIF) thereby providing them greater more
Taking Stock

Watch out for pledged shares; they're key to a company's health

Money.jpg Companies with high amount of pledged promoter shareholding are susceptible to erosion in stock prices. The number of such companies has seen the highest quarterly jump in at least three years A more