Money

Home loan EMI and the brown envelope

As anyone who just moved into their own house will know - it is a wonderful feeling to step into a freshly painted and furnished brand new home. Owning and moving into a new home can be a very fulfilling moment.

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What credit card for whom?

A credit card offers convenience and safety along with well packaged privileges and benefits. Here is an overview of various credit card types offered by banks.

23 May 2012
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Cost of your dream home

Buying a home is unlike buying any other item. First, this is possibly the most expensive purchase for us and secondly, the pricing structure includes many components thus making it complex to understand. Most of the time, home buyers take a loan to purchase a home and pay EMI for the next 10-20 years. Essentially, buying a home can cost a major part of the savings for middle class.

11 May 2012
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How to set up a workable home budget

One of the key aspects of creating a successful financial plan for a year is to establish a workable home budget that deals with your expenses, manages your debt and also builds your savings at the same time. A home budget can be defined as a plan that pre-determines your spending goals, spread over a certain period of time (in this instance, 1 year).

08 May 2012
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FMCG, pharma funds in vogue as economy struggles

NEW DELHI - Indian equity funds focusing on consumer goods and healthcare companies topped the performance charts in April, and the country's struggling economy is set to drive more investors to the defensive sectors.

02 May 2012
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Mediclaim policies: Understanding cashless hospitalisation

Wealth is a key factor in the first stage of Maslow's hierarchy of needs. In its true form wealth is a combination of three aspects namely good food, an adequate wardrobe and good health.

26 Apr 2012
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SBI may not cut lending rates soon

REUTERS - State Bank of India, the country's biggest lender, may not cut lending rates in the near term as costs of deposits continue to be high, Chairman Pratip Chaudhuri said on Monday, after the bank lowered its deposit rates.

23 Apr 2012
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Unable to clear your credit card bill? Try balance transfer

NEW DELHI - Have you exceeded your budget while swiping your credit card recently? If yes, a balance transfer could be a convenient way to delay your card payment with minimal interest, giving you time to arrange funds.

23 Apr 2012
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Think beyond tax while investing

The rate of investments just before 3-6 months of tax filing climbs up while it becomes a bit subdued post the tax filing season. Why such a scenario? What is the relationship between tax filing and investment? Many investors confuse investment with a tool to save tax and do not see them as a tool to build wealth. Investment certainly helps you save taxes but by making tax saving as the primary goal of investment, you are mismanaging investments that can otherwise make your retirement peaceful.

20 Apr 2012
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ICICI Bank, others begin to cut rates grudgingly

MUMBAI - State-run banks are likely to give in to a government directive and lower lending and deposit rates within the next few days after the Reserve Bank of India (RBI) made a deeper than expected cut to its policy rate on Tuesday.

19 Apr 2012

Financial Calculators

Comparative Tools

Markets

India Indices

Sensex
-4.48
16,217.82
-0.03%
Nifty
-1.00
4,920.40
-0.02%
BSE Mid-cap
25.73
5,900.51
+0.44%
TRX India
0.71
525.65
+0.14%

Int'l Indices

Dow Jones
-74.92
12,454.83
-0.60%
Nikkei
17.01
8,580.39
+0.20%
FTSE
1.48
5,351.53
+0.03%
Hang Sang
47.01
18,713.41
+0.25%
Shanghai
-17.42
2,333.55
-0.74%

Currencies

USD
55.365
GBP
86.698
EUR
69.301
JPY
0.69510