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9 minutes ago copy link These days, if you are planning to invest somewhere, then Silver ETF can prove to be the right option for it. Commodity expert Ajay Kedia estimates that silver may once again go up to Rs 3 lakh per kg by the end of this year. Currently its price is at…
40 minutes ago copy link Investors are tempted to invest in gold these days. Investment in gold ETFs in August increased from Rs 1,558 crore in July to Rs 2,596 crore. Gold ETF has given returns of more than 35% in the last one year. Jefferies’ Global Equity Strategy Head Chris Wood believes that the…
If you are planning to get FD in these banks or any other bank these days, then you should know about Post Office Time Deposit Account. This scheme is offering maximum interest of up to 7.5%. Which is more than the interest available on FD in major banks of the country. We are telling you…
6 minutes ago copy link If you want to save Rs 10,000 every month and your aim is to create a big fund in the next 15 years, then you have two most preferred options. Government guaranteed PPF and second market based SIP. While PPF guarantees 100% tax-free returns without any risk, SIP has the…
Hindi News Business Senior Citizen Savings Scheme 8.2% Interest | Monthly Income Calculation 22 minutes ago copy link If you are a senior citizen and want to arrange income for yourself every month, then Post Office Senior Citizens Savings Scheme Account (SCSS) will be right for you. This scheme is designed to secure a lump…
How does money double?Talking about the calculation of doubling of money in this scheme, it is very easy. Actually, in this Govt Scheme, interest on the investment amount is calculated on the basis of compounding. If we understand from the example of investment of Rs 1 lakh, then on the basis of 7.5 percent interest…
There is flat trading in the stock market today i.e. on 16th March. Sensex is trading at 74,500 and Nifty at 23,100. Metal, energy and banking shares are on the rise. There is a decline in auto and IT shares. Asian Market Update GSP Crop Science’s IPO will open today. Agrochemical company GSP Crop Science’s…
New Delhi: An Indian IT professional recently shared on Reddit how he built a net worth of Rs 9 crore in 20 years through disciplined and long-term investing. The techie revealed that he had accumulated his wealth without any inheritance or extra real estate, but through consistent investment in shares. The 47 year old IT…
For many working professionals, managing monthly expenses while saving for the future can be a challenge. But for CA Meenal Goel, financial discipline is all about priorities and planning ahead. When her take-home salary was Rs 1,45,000 per month, she made sure every rupee had a purpose and created a balanced system that allowed her…
New Delhi: CA Nitin Kaushik has summarized the lesson best on X that luck has nothing to do with the wealth that stands the test of time. It is built slowly and quietly, and requires well thought out, disciplined decisions in a row. In yet another post on X, Kaushik recounted the story of a…