RBI Direct Scheme To Invest In Bonds
Reserve Bank of India recently launched the RBI Direct Scheme. As per the scheme, retail investors will now be able to buy & sell G-sec (government securities) & Bonds directly through the RBI Retail Direct Portal. The scheme is considered a significant milestone in government securities development. RBI Direct scheme will simplify the process of investment for the common man. It...
Financial Tips For Women
It’s extremely important for every woman to empower herself with complete financial freedom. Times have changed. Today, many women are working and earning enough not only to become financially independent but also to take care of the entire family. Despite earning equivalent or even more than men, a large number of women are depended on men to help them with their financial planning,...
Fed Rates Potential Impact on the Indian Market
When America sneezes the world catches a cold! I am sure you must have heard this ample times ever since the 2008 recession. The US has been a global leader and its policy affects the entire world. Most of the world trade is carried with the help of US dollars which serves as a medium of exchange to facilitate trade. The dollar is considered to be a global reserve currency. The U.S Fed had...
How Russia and Ukraine Crisis Is Affecting Indian Market
The key concern at the top of the investor’s mind is the Russia Ukraine crisis. The Russian invasion of Ukraine is now entering its seventh day. The attack has roiled global markets investors are looking to safe-haven investments like U.S. government bonds, pushing yields down. Gold and the dollar advanced. Crude soared even as steps to tap reserves and increase the supply has...
Safest Investment with high returns in India
Never depend on a single income, invest to create a second source “Warren Buffet” In a nutshell, this implies if you don’t make money while sleeping, you will have to spend your entire life working. Worried? Don’t know where to invest? Always remember the first rule of Safest investment is not to lose and the second rule is to not forget the first rule. ...
Equity Market Outlook – The Road from here…
We are in the profession of fund management and not in the business of fund management. We at Fintoo believe in the philosophy of keeping the client’s interest first and doing what is right for the client even if it means a loss of short-term business opportunity. For the past few months, we stayed by this belief and encouraged our clients to refrain from lumpsum investment as we anticipated...
Understanding Insurance Premiums
It would be apt to say that insurance has become one of the most important necessities in the modern form of life. With rising insecurities about various accomplishments of life, insurance provides a much-needed relief in terms of assurance. It has also quickly become one of the components that employees receive now. It is also one of the most crucial financial decisions that one needs to...
Indian Chemical Industry Analysis for 2022
Chemical industry has been one of those industries who have not only survived through the pandemic, but have grown instead. The chemical industry across the globe has grown leaps and bounds in the past couple of years. From the entire global chemical industry, currently, China’s share is approx. 25% and India’s share is limited to approx. 4%. Compared to China’s approx. 18% share in...
GST Changes in India
Goods and Service Tax was a landmark act passed in the Parliament on 29th March 2017 and brought into effect on 1st July 2017. It was brought in order to unify several direct and indirect taxations while bringing in a comprehensive destination-based tax that supports federal tax contributions. In simpler terms, GST brought all the indirect taxes under one umbrella for the entire country. It...