I am 31 years old and I want to actively invest. Should I go for bank fixed deposits ( FDs) or debt funds. What is your recommendation during the current market conditions? Name withheld Response shared by Jiral Mehta, Senior Research Analyst, FundsIndia. Debt Funds hold several advantages over fixed deposits (FDs). When you invest … Read more
When Finance Minister Nirmala Sitharaman presents the Union budget later this month, one thing investors, taxpayers, corporates, and mutual fund houses will be keen to know will be changes in the capital gains tax structure. Currently, the capital gains tax system lacks uniformity, leading to varying tax burdens for investors based on the type of … Read more
When Finance Minister Nirmala Sitharaman presents the Union budget later this month, investors, taxpayers, corporates, and mutual fund houses will be hopeful for some significant tweaks in the structure of the capital gains tax, which is currently not standard. The Capital gains tax burden experienced by investors can differ depending on the type of asset … Read more
“We are expecting that this low volatility could still continue. So, there has been this tussle which has been going on between the bulls and the bears,” says Gaurang Somaiya, MOFSL. First thing I want to ask about is the volatility in rupee which is at a multi-month low. Now, this is making Indian corporates … Read more
“There is no recession in IT world. Now, for 2023, we have projected about 4.3% growth and that moves to 8 plus percentage in 2024. As part of our research, what we felt is IT software and services are going to be the two big underpinning drivers in 2023 and 2024 as well,” says Naveen … Read more
Corporates with offices in Thiruvananthapuram have offered to support NGOs that run initiatives focusing on welfare programmes in the district. The heads of Corporate Social Responsibility (CSR) functions of various companies were speaking at an event titled ‘Thiruvananthapuram and NGOs’ at a meeting organised by the volunatry organisation Awake Trivandrum. District Collector Geromic George urged … Read more
The government is looking to make the Insolvency & Bankruptcy Code more comprehensive and broad-based so that there is an enhanced ease of exit, a senior official said Friday. ”We continue to work together to make this insolvency framework more effective and efficient. It will surely be one of the important chapters in the success … Read more
This is the time to focus on well-managed funds, the midcap segment, and to some extent smallcap funds should get precedence in the scheme of allocation. Source link
Delivery volumes have increased as much as threefold over the previous year. Representative Image The choice of offerings on your delivery-only menus may get more varied. Indian restaurants are preparing to launch cloud kitchens and delivery-only brands to serve more patrons. In a pandemic-riddled year when dine-ins and food fests took a backseat, consumers thrived … Read more