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Top sectors to watch out in 2021
Indian equity market will continue to stay strong in 2021 with the likely recovery in the economy and earnings. The benchmark equity indices BSE Sensex and NSE Nifty had advanced nearly 16% last year after central banks expanded their balance sheet and interest rates declined sharply leading to a wave of liquidity globally. Overall, the […]
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Two-third of urban India backs Centre’s decision to regulate digital content
The Indian government recently announced its decision to bring digital audio-video content, including films and web shows on OTT (over the top) platforms, as well as online news and current affairs platforms under the ambit of the Information and Broadcasting (I&B) Ministry. Following the announcement, YouGov, a global market research and data company, conducted a […]
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Loan sharks are back in a new avtaar- digital lending apps
Vapi’s Ashwin Kumar( name changed) is caught between the devil and the deep sea. And this sea is infested with sharks. He draws a monthly salary of Rs 12,000. He was happy to become a father but his son had an ailment that required a monthly blood transfusion. An added cost of Rs 5,000 per […]
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Four ways of buying digital gold
Indians love splurging on gold. As a country, India is the largest importer of gold, with 800-900 tonne of gold imported every year, accounting for 25% of the global demand. The yellow metal is popular for many reasons. It not only provides capital appreciation and liquidity, but has also proved to be an excellent hedge during […]
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Why do you need an emergency fund?
An emergency never comes knocking at the door and the unseen blows hit you really hard. An emergency fund is a guard that helps you tide over a financial emergency. What is a financial emergency? Any unprecedented and/or unexpected event that either stops the stream of income or add pressure to your existing income creates […]
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A look at which health insurance policy you should take to fight coronavirus
With new variants of the coronavirus covid-19 coming to fore, one thing is quite clear that COVID-19 is going to linger around for a long time. While we take necessary precautions to keep ourselves safe, that might not be enough. We also need a health insurance policy so that we have something to fall back […]
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Are credit cards good or bad?
Some people find credit cards complicated and stay away from them. Some people tend to overspend and easily fall in a debt trap. But do you know when used wisely credit cards can actually put the money back in your wallet. Here is a lowdown on how credit cards work and pros and cons of […]
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Not too late to join the gold rush, says Angel Broking
Even with gold trading at Rs 56,200 per 10 grammes on Friday, it is still not too late to join the gold rush party, says Prathamesh Mallya, AVP Research, Non-Agri Commodities & Currencies, Angel Broking. 100% Returns in 5 Years An investor who bought gold on January 1, 2016, at Rs 25,042 would have doubled […]
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Buying gold: Government trashes report saying KYC documents needed for purchase of gold below Rs 10 lakh
The government has trashed a media report which stated that KYC will be required for any purchase of gold and silver. The government has reiterated that jewellery purchases of above Rs 10 lakh only need to furnish KYC. New Gold Policy The government has reportedly been planning to introduce a gold policy to develop it […]
