The magic of compounding will work its way out and deliver to you results that could allow you to retire.
Drawing from the cricketing analogy, here are a few points to keep in mind while trading in equities:
A bench of Justices SA Nazeer and Sanjiv Khanna said that the disbursal of money would be done in proportion to unitholders' interest in the assets.
The inaugural launch panel included Nilesh Shah, Member, Prime Minister's Economic Advisory Council, Adhil Shetty, CEO of BankBazaar.com, Nithin Kamath, founder and CEO, Zerodha, Kamesh Goyal, founder, Digit Insurance and Rahul Chari, co-founder and CTO, PhonePe.
Sanjay Budhia, chairman of CII national committee of export-import, said engineering exports constitute 25% of India’s merchandise exports.
"Gold prices declined on lack of progress over the US stimulus package and in absence of fresh triggers. Traders and investors also rushed to book some profits," said Tapan Patel, HDFC Securities, Senior Analyst (Commodities).
On disinvestment target of Rs 1.75 lakh crore for the next fiscal year, Kumar said a lot of preparatory work has already been done in the past 8-9 months, and now market conditions have changed.
Currently, withdrawal from overseas retirement funds by residents is taxable on a receipt basis in such foreign countries and on accrual basis in India, resulting in timing mismatch. A new Section 89A is proposed to be introduced to address this concern.
In an interview with Money9, Rajiv Bajaj shares his views about the Budget and what it holds for the markets and the common man.
The acceptance of higher deficit and restoring systems to normal is the first step to any economic recovery.