After receiving numerous requests and queries about SIP investments we came across a simple story. This is widely known still explains beautifully how both works. We do not know the original author still it's worth a read.
We still think the SIP in equities are more beneficial as this does not take into account of overheads of mutual ...Read more
On 14 September, Indian Government announced that it will focus on five points to control the current account deficit of India. Finance minister Arun Jaitley announced that the government is taking measures to reduce the “non-necessary” imports.
These steps were taken to stabilize the condition of rupee. Rupee h ...Read more
As the Aviation turbine fuel (ATF) surged, the Indian aviation sector and the Civil Aviation Ministry urged the government to include jet fuel within the ambit of the goods and services tax (GST). This move would get an annual relief to the listed Indian airlines of Rs. 3,000 crore - Rs. 5,000 crore in taxes. The inclusion of ATF under GST might ...Read more
On 1st August 2018, India’s Monetary Policy Committee (MPC) decided to increase the benchmark interest rate by 25 basis points to 6.5% from 6.25%. The Monetary Policy Committee has increased the policy rates for the first time since 2014 to overcome price pressure and to bring inflation closer to medium-term target of 4 (+/- 2 percent).&nbs ...Read more
On 21st July 2018, in the 28th Goods and Services Tax (GST) Council meeting the government decided to reduce the Tax rates on various consumer goods, some of them are washing machines, air conditioners, small Television, Cosmetics, refrigerators, and many other products.
Modi government winning no-confidence motion and ...Read more
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