Mutual Funds
Equity mutual funds post best monthly return since May 2009
NEW DELHI - Diversified stock funds posted their best monthly return in nearly three years in January as a sharp rise in key stock prices and exposure to sectors such as financial services pushed up net asset values.
Fidelity looking to sell India fund business: source
MUMBAI - Fidelity Worldwide Investment is looking to sell its India mutual fund business, a source with direct knowledge of the matter said on Monday, as growing competition, weaker markets and regulatory changes take a toll on the sector's profitability.
Start on a savings plan
In these tough times, it is especially important for you to consider where your hard-earned money is going; financial security is the key in today's unpredictable world. And the first step towards gaining that security is to have a saving plan.
What's in store post the RBI review?
On January 24, the RBI reduced the CRR rate by 0.5 percent. The revised CRR now stands at 5.5 percent which was earlier 6 percent which would be effective from January 28th 2012. What does this mean for the banks, economy and the common man?
Banks may cut lending rates in some segments
MUMBAI - Banks are likely to reduce lending rates for select sectors and may see an improvement in their net interest margins after the RBI cut cash reserve requirements for banks, top bankers said on Tuesday.
Three personal finance risks for salaried professionals
The three major risks involved in personal financial planning for salaried professionals can be categorised under 3 broad areas:
Don't overlook general insurance
Generally, we are very cautious while taking a loan or a life insurance policy to save those last minute surprises. But most of us have a misconception about general insurance that choosing a tailor made policy will take care of you and your belongings. Besides the required coverage and sum insured, it is important to ensure that the final policy document of a general insurance should comply with all the terms that the agent/insurer has agreed with you.
How to make the most of your ATMs
ATMs are becoming more powerful than before and banks are consciously driving its usages with the concept of branchless banking. A visit to an ATM today can help you accomplish myriad value-added transaction services like utility payments, pre-paid mobile re-charge, credit card payments, tax payments and much more.
What to do when interest rates rise
In a rising interest rate scenario, times can be tough for an existing borrower who is a couple of years into his tenure. Of course his monthly budget may not be affected in the short term, as often banks increase the loan tenure in most instances. However, increase in tenure would mean more interest outgo and if hikes happen repeatedly the borrower will take even more time to close out an already long term loan.
Investing for your child
Are you a proud and careful parent? It's a simple question to answer. The fact that you are reading this article is proof in itself. Not every parent is serious about the future of his/her child as planning is only visible in their intent and not action.
SPECIAL REPORT - Passports... for a price
LONDON - For decades, the two-island nation of St. Kitts and Nevis exported sugarcane to keep its economy afloat. When sugar prices fell, St. Kitts began to sell an even sweeter commodity: its citizenship.
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- Exuberant Indian markets gloss over economic reality
- DLF Q3 net falls 45 pct, sees more gloom ahead
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- Industrial output growth slows sharply in December
- EU asks India to help bring Iran to nuclear talks

