Category: FINANCE

FINANCE

Big news for those investing in Mutual Fund! Your schemes will change, know everything

Dr. Viibhor Agarwal

SEBI (SEBI) has asked mutual fund companies to change the name of their Dividend Plan. These include both existing and new schemes. The regulator has also asked fund houses to clearly tell investors that they give some of their capital as dividend. Explain that fund houses offer three types of dividend options. The names of these three are to be changed for each existing scheme with new fund offer (NFO). The dividend reinvestment will be named Reinvestment of Income Distribution cum Capital Withdrawal Plan. Dividend Transfer plan will be known…

Why is RBI buying more dollars in the forward market than spot?

Dr. Viibhor Agarwal

The central bank bought $ 10.7 billion worth of dollars in the forward market in August. In comparison, it bought $ 8.5 billion worth of dollars in the spot market. In August, the Reserve Bank of India (RBI) bought more dollars from the forward market than the spot market. This is the first time in six years. The reason for this is that the central bank did not want any pressure on the liquidity of the rupee by buying dollars from its spot market. According to RBI data, the central…

The 4.5 year record has been broken, the market has climbed for the 10th consecutive season

Dr. Viibhor Agarwal

On Wednesday, the stock market broke a record of four and a half years. The market managed to close with a 10th consecutive session. For the first time since January 2015, domestic stock markets closed for the 10th consecutive session. The market was open in the morning with weakness. The BSE Sensex closed at 40,795 with a light strength of 169 points or 0.42 per cent. At the same time, the Nifty 50 index ended the business at 11,971, registering a gain of 37 points or 0.31 per cent. The…

Gold Price: Gold rises due to strong foreign signals

Dr. Viibhor Agarwal

On Wednesday, gold futures were up 0.23 per cent, or Rs 115, at Rs 50,360 per 10 gram in the commodity exchange MCX in the domestic market. Gold and silver prices saw a rise on Wednesday. Strong signals from overseas markets impacted the domestic market. The hope of announcing the relief package in America soon is ending. Gold has got support from this. Parliament Speaker Nancy Pelosi in the US has rejected the proposal of a $ 1.8 trillion relief package from the White House. He has said that this…

Tax Savings – Public Provident Fund (PPF).

Dr. Viibhor Agarwal

The account is a long-term savings institution provided by the central government, entered into force from 1 July 1968. This investment gives us ASSURED RETURNS & PROVIDE OLD AGE INCOME SECURITY for everyone. By investing in a P.P.F account, we can see the power of COMPOUNDING in the long run. This account is the E.E.E. Is under the rule. Features. WHO CAN – Any person – Resident, over 18 years old, Minor via Guardian.. Eligibility. Who can – non-resident, H.U.F., foreigner.. Entry age. No age limit for opening A /…

SME Capital Market – MSME Ecosystem and Funnelling Growth

Dr. Viibhor Agarwal

MSMEs play a crucial role in the growth and transformation of India with their maximum contribution towards sustainable growth, employment, and social stability with their limited economic resources. Despite being strategically important for India’s economic development, the MSME sector is experiencing multiple challenges, the most severe being lack of means of finance. The Government and regulators have time and again attempted to address concerns of MSMEs through various policy measures and capital market initiatives to help MSMEs grow. In this article, we discuss MSME growth opportunities and constraints, global trends,…

Rupee Fringe 3 Paise Higher at 73.13 in Opening Trade

Dr. Viibhor Agarwal

The dollar sign achieve 0.02% to 93.07.   The Indian rupee operate with passable gains of 3 paise at 73.13 against the U.S. dollar in the opening session on Monday, follow mushy crude oil prices and assist buying in domestic equities. The domestic unit started off the session on a big way at 73.10, up 6 paise, but give up some ground as trade proceed and quoted 73.13 a dollar at 1020 hours. The domestic currency had liquidate 8 paise higher at 73.16 a dollar on Friday after the Reserve…

Financial Planning For Beginners….

Dr. Viibhor Agarwal

Management of our own money is a must in today’s life as money is something which can help you anyway in times of crisis, health issues, inflation etc. Problem Never comes with a warning. So a person needs to be ready for it and in money is something which is one of your best friends, if you have it people will be your friends too and if not people will find ways to ignore you as they feel that you might ask for monetary help from them. Management of money…

Easy Way to Incorporate Your Company in Hours

Dr. Viibhor Agarwal

We have critically evaluated the change in the process to incorporate companies in India post deployment of the web forms involved in the company incorporation. The web form is a “one stop shop” for company incorporation and statutory registrations. and will make it easier for professionals to obtain these registrations in one go. Practitioners may find the below write-up informative and useful while incorporating a new company. BACKGROUND The World Bank’s Ease of Doing Business Survey 2020 ranked India 63rd, out of the 190 countries. This was a major improvement…

What is SIP? How SIP Works?

Dr. Viibhor Agarwal

Just 5 minutes to invest in SIP Systematic Investment Plan (SIP) gives you the opportunity to put a certain amount every month in your preferred Mutual Fund scheme. SIP or Systematic Investment Plan is being searched most on Google. Many investors want to know about this method of investing in Mutual Funds. In the last few years, investment in SIPs through mutual funds has increased rapidly. If you also want to earn a good return on your savings, then we are telling you how you can easily invest in SIP.…