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Auto lease or buy: Let the numbers talk
Indians have bought upwards of 20 million vehicles in 2019-29. Almost 13% of these are cars. So, if you are planning to buy your first car or looking at changing cars, bear in mind that most auto companies are also offering long term leasing options. It serves well to calculate your costs before deciding on […]
Kartik MalhotraJanuary 12, 2021/12:45 PM IST -
ELSS vs PPF: Which tax saving option suits you the best?
When it comes to saving taxes we often get confused whether to go for traditional Public Provident Fund (PPF) or investing in the stock market through Equity Linked Saving Schemes (ELSS). Here is a primer on what these two tax-saving schemes offer and how to choose between them: Equity Linked Saving Scheme (ELSS) What is […]
Teena Jain KaushalJanuary 12, 2021/12:43 PM IST -
Here are YES Securities’ top 9 stock picks for 2021
Brokerage YES Securities believes that the best for the Indian equity market is yet to come despite more than 15% return in 2020. It says this is an opportune time to tweak and tighten the equity portfolio. Therefore, it recommended nine stocks which can deliver a double-digit return to investors this calendar year. This includes […]
Rahul OberoiJanuary 12, 2021/12:27 PM IST -
Domestic hospitality industry to contract by 65% in FY21: Icra
Mumbai: The domestic hospitality industry is likely to witness a decline of over 65 percent in 2020-21, according to a report. There may be a recovery in demand in the later part of financial year 2021-22 as vaccine rollouts gains traction, it said. In a report, rating agency Icra said it expects the industry to […]
Press Trust of IndiaJanuary 12, 2021/12:18 PM IST -
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 […]
Money9January 12, 2021/12:02 PM IST -
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 […]
Money9January 12, 2021/11:11 AM IST -
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 […]
Money9January 12, 2021/9:39 AM IST -
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 […]
Money9January 12, 2021/9:30 AM IST -
Which is the better route to invest in mutual funds? Lump-sum or SIP?
One of the best ways to invest your money can be in mutual funds. It pools money from different investors and invests that money in other stocks or bonds. There are two ways in which you can invest money in Mutual Funds: Lump-sum and Systematic Investment Plan (SIP). Under Lump-sum, the investments are made in […]
Hemanshi TewariJanuary 12, 2021/9:28 AM IST
