Investing in the Current Market
Dear Friends, The RBI witnessed the end of an Era on the 4th Sep 2016 with Dr. Rajan exciting as the Governor. Technical Prowess and ability to communicate, both are required for the central bank governor role. Dr. Rajan’s major plus point was his effective communication which none of the earlier governors could match. At times, being candid leads you to problems and the governor was no exception. He is Raghuram Rajan and he...
Taxing Time
Dear Friends, Most of us typically run around for Tax Saving options during the months of Dec, Jan and Feb to exploit section 80C benefits and minimize taxes. There are a plethora of investment options under Section 80C including: Employee Provident Fund (EPF – company deducts this through payroll and this is an amount that everyone in organized employment saves), Public Provident Fund (PPF), 5 Year Tax Saving Bank Fixed Deposit, National Savings Certificate...
Indian Equity Markets Update
Dear Friends, As I am writing this blog the Sensex has moved up by more than 400 points and Nifty by 130. This is subsequent to the fall of Sensex closing below 24000 and Nifty by 7250. Why are the markets behaving in a bizarre way with high volatility? No one knows the precise answer as that is how Stock Markets around the world behave and you can attribute only a few factors to...