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Upstox launches digital gold platform
Upstox, also known as RKSV Securities India, on January 19 launched a digital gold investment platform for its clients. Apart from investing in the stock market and mutual funds, over 20 lakh Upstox clients can now also invest in gold online and right from the mobile app. The platform enables customers to buy 24-karat digital […]
Money9January 19, 2021/11:22 AM IST -
Vistara to operate daily flights on Delhi-Sharjah route
New Delhi: Full service carrier Vistara will be operating daily flights between Delhi and Sharjah from January 20 onwards. “The airline will operate its Airbus A320neo aircraft on this route as part of the ‘air bubble agreement’ between India and the UAE, complementing its services to or from Dubai,” it said in a press release. […]
Press Trust of IndiaJanuary 19, 2021/11:06 AM IST -
Budget 2021: Increase in tax slab limit can improve consumption
Increase in the income tax slab limit is long overdue and it is something that salaried individuals look forward to during every budget. The new tax slabs are not working for many taxpayers. At the same time, inflation continues to be on the higher side. And it is likely that growth in income of salaried […]
Harshad Chetanwala, Co-Founder - MyWealthGrowth.comJanuary 19, 2021/10:46 AM IST -
Who are Domestic Institutional Investors?
DII refers to ‘Domestic Institutional Investors’. DIIs invest in financial assets and securities of their home country. They use pooled funds to trade in securities and assets. These investments are are influenced by political and economic trends in the country. In addition to foreign Institutional investors (FII), the DIIs also play a decisive role in […]
Money9January 19, 2021/10:38 AM IST -
Overnight funds vs. liquid funds: Which is better?
Outbreak of coronavirus had a massive impact on the markets. Equity markets around the world took a huge hit due to the pandemic and its after effects. This has raised concerns among investors about their financial security and future investments. Following this concern, various alternate investment methods are back in the spotlight. Money 9 takes a […]
Money9January 19, 2021/10:37 AM IST -
How are Flexicap funds different from Multicap funds?
The Securities and Exchange Board of India (SEBI) made two big announcements in the last couple of months for equity funds category. SEBI changed the allocation rules for multi-cap funds in September last year. Each multi-cap fund will now be required to invest a minimum of 75% in equities and related instruments. The previous rule […]
Money9January 19, 2021/10:18 AM IST -
Securing retirement income in low-interest rates era
Few investment options that offer a better return than bank FDs for senior citizen.
Harsh ChauhanJanuary 19, 2021/10:17 AM IST -
Delhi government reduces ICU beds reservation to 25% for COVID-19 patients in private hospitals
New Delhi: The Delhi High Court was informed on January 19 that the Delhi government has reduced the reservation of COVID-19 ICU beds in private hospitals here to 25%, from 40% earlier. Justice Navin Chawla listed the matter for further hearing on February 2, after the counsel for petitioner Association of Healthcare Providers said he […]
Press Trust of IndiaJanuary 19, 2021/10:13 AM IST -
What is Nifty, its constituents & how is it calculated
NIFTY 50 is a benchmark based index and also the flagship of NSE, which showcases the top 50 equity stocks traded in the stock exchange out of a total of 1600 stocks.
Harsh ChauhanJanuary 19, 2021/9:17 AM IST
