I am 40 years old, with two kids and a diverse investment portfolio. My assets include ₹52 lakh in EPF, ₹18 lakh in PPF, ₹2.85 crore in mutual funds, ₹80 lakh in equities, and ₹20 lakh in NPS. My monthly income is ₹3 lakh, with expenses of ₹1.5 lakh, and I invest ₹1 lakh monthly … Read more
Edited excerpts: What is your assessment of the current market structure? Where is the Indian stock market heading? There are two ways that I would look at the current situation: 1. Versus pre-COVID: The Nifty 50 is currently trading at nearly 22.5 times the trailing 12-month (TTM) price-to-earnings (PE) ratio, compared to 26.5 times (three-year … Read more
NPS vs PPF vs EPF: Selecting the right investment vehicle is essential when planning for retirement. In India, three popular options with distinct advantages and features are the Public Provident Fund (PPF), National Pension System (NPS), and Employees’ Provident Fund (EPF). However, there is no one-size-fits-all strategy. Choosing between the NPS, PPF, and EPF depends … Read more
Nvidia share price rallied over 3% on Tuesday as the chip maker the world’s most valuable company, dethroning tech heavyweight Microsoft. Nvidia shares rose 3.5% to $135.58, lifting its market capitalization by over $110 billion to $3.335 trillion, just days after overtaking iPhone maker Apple to become the second most valuable company, Reuters reported. The … Read more
The Indian government is considering to lower certain personal income tax rates, multiple government officials were quoted as saying by Moneycontrol. In the upcoming budget, likely to be presented in mid-July, the Centre plans to raise the income threshold before any tax is levied from ₹3 lakh to ₹5 lakh. This change will apply only … Read more
DEE Development Engineers said on Tuesday that it has raised over ₹125 crore from anchor investors ahead of the launch of its initial public offering (IPO) on Wednesday, June 19. According to the exchange filing, the engineering company allocated 61,62,777 equity shares to anchor investors at the allocation price of ₹203 per share. Also read: … Read more
I’ve been asked to sign as a witness for my friend’s will. What are the implications and responsibilities of this role? Are there specific legal obligations or requirements I should be aware of? —Name withheld on request A will is an instrument of testamentary disposition of property, whereby one transfers or bequeaths his property to … Read more
Oil prices remained steady on Tuesday as traders awaited signs of increased summer demand that could support prices, despite concerns about ample supply potentially limiting gains. Benchmark Brent crude futures were unchanged at $84.23 per barrel at 1231 GMT, following an increase in the previous session. Meanwhile, U.S. West Texas Intermediate crude futures, which also … Read more
Credit cards offer rewards, cashbacks, and discounts on purchases. Timely payments can boost your credit score. However, not everyone qualifies for a credit card. The lack of a credit history or a poor credit score can prevent you from obtaining one. This is where secured credit cards come into play, bridging the gap for those … Read more
Premier Explosives was one such stock that continued its robust rally. The stock in today’s session hit the 10% upper circuit limit to reach a fresh record high of ₹3,882 apiece. Over the last eight sessions alone, the stock has surged from ₹2,186 to its current price, marking an impressive rally of 77.60%. So far … Read more