In our personal lives we have many people who guide us in the process of taking decisions – family, friends, consultants, etc, whom we trust and who help us enrich our lives with their experience and knowledge. They help us in choosing a career, a life partner, even setting up a business. We share a […]
Finance Minister Arun Jaitley presented his budget for the year 2018-19 in parliament a couple of days ago. The Rail Budget was also presented as part of the Union Budget. In this article, we analyse key budget proposals, and their impact on the salaried class, investors, senior citizens and consumers. A standard deduction of Rs. […]
Porus Khambatta, a master mariner by profession was sipping his cup of coffee reading through a finance page of a leading daily when suddenly a piece of news caught his attention, causing him worry. He immediately sought explanation on the amendment to the PPF Scheme, 1968, “If a resident, who opened a PPF account under […]
. A cryptocurrency is a digital currency or asset that uses mathematics and cryptography to secure and process transactions. Bitcoin – the most famous and most valuable cryptocurrency at this time – was originally envisioned as a decentralized peer-to-peer currency in a whitepaper that was published by an anonymous person or group of individuals under […]
Marzee Kerawala started his full time financial advisory in January 2008, right at the peak of the last bull market. From then to August 2013 was a difficult time for financial planning professionals. Equity markets were sluggish and the period was marred with Lehman crises, Satyam fiasco, weak macroeconomics, dollar trouble just to name a […]
We all wish to get rich/richer. But, unless one has the mythical Midas Touch to get rich, one has to follow the 3 P’s – Planning, Prudence and Patience. However busy you may be in your professional/personal engagements, you must invest some time – in estimating your income and expenses, both present and future, your […]
The only way to realise your dream is to wake up, and that is the path which our country has chosen. India has awoken to implement one of the greatest reforms of all times – GST or ‘Goods and Service Tax’. Finally implemented, the GST is one indirect tax for the entire nation, which will […]
Imagine if all your fingers were of the same length, it would be useless. Likewise, in every investment, the asset class needs to differ from each other to integrate diversity of risk and optimise returns. Asset Allocation to investments is what wheels are to a car, it is the backbone of any financial planning and […]
Most of us understand SIPs or Systematic Investment Plans. But, what is ‘Step-Up’ or a ‘Top-Up’ SIP? We know how SIP works, how we gain from disciplined investing, rupee cost averaging, power of compounding etc. But have you ever thought that as per your increase in salary, you can also increase your SIP amount every […]
Today’s woman matches shoulder to shoulder with her male counterparts, striding towards equal or greater success, while having to balance a lot more on their plates! From home affairs, to professional careers and nurturing their children, she has her hands full. It therefore becomes critical for her to step back and ponder over how financially […]
Although demonetisation may have not cured the black money epidemic, it has certainly brought relief to our banking system whose balance sheets were rotting with toxic debts. Thanks to the huge influx of cash, banks have generously reduced lending (loan) rates which will boost economic consumption. Demonetisation may have briefly created chaos but overall it […]