It is essential to build ones financial literacy. Why? Because in todays world almost every human activity is in some ways dependent on money. We need money to get access to even bare necessities of life like food, clothing, and shelter. Our spending needs, does not stop with necessities only. We also need money for…
I was about to leave my office one Friday evening, and this thought came to my mind that, How to plan and invest Rs.5000 per month for next 20 years? The objective was to start investing in general as a good habit, which eventually can also build a corpus. The time horizon was long, so…
How the information stated in RERA website helps the potential home buyers? Before we go into those details I would like to say that the presence of RERA (a regulator) itself is a big “protection” for the home buyers. Real Estate Regulatory Authority (RERA) acts as a regulator of the real estate sector in India….
Almost all salaried people in India contributes to EPF scheme to build a retirement corpus. But NPS (National Pension System) did not had this kind of penetration. In 2009, GOI made NPS available for ‘all citizens’ of India. Earlier it was available only for the government employees. Today we know that NPS can build a…
On one side aluminium price is falling globally. On the other side the cost of Alumina (raw material) is rising. But this increase in raw material cost is not visible in aluminium’s market price. Why Aluminium price is falling? Because of the import duties imposed by USA. Donald Trump has been in sorts of trade…
When a ‘capital asset‘ is sold for profit, income tax must be paid by the seller. We all know this, right? But the bigger question is, how to save tax on sale of real estate property. The answer lies within Section 54 of the income tax act. But section 54 is applicable only for long…
In this blog post I will talk about Focused Mutual Funds. So why I am referring to Sun Pharma stock here? Because it will help me explain the utility of focused mutual funds in a perspective. In last weeks, I read about Sun Pharma stock in a newspaper. They are considering that, this stock might…
Engineers India ltd is a Government of India Enterprise. Its main business is “Engineering Consultancy” and EPC (Turnkey Projects) services. Engineers India Ltd (EIL) comes under the Ministry of Petroleum and Natural Gas. The consultancy and EPS services rendered by EIL caters mainly to Oil and Gas and Petrochemical sector. The revenue break-up of Engineers…
Navin Fluorine is a company oriented towards chemical business. They specialise in production of fluorine based products. Their main products are refrigerant gases, basic fluorides etc. The main competitors of Navin Fluorine are listed below. They are ranked in order of their Market Capitalisation: Vinati Organics: Rs.81,400 Crore. Navin Fluorine: Rs.32,800 Crore. Alkyl Amines: Rs.16,600…
In part-2 we have seen what’s causing the short term debt cycles. Availability of cheap credit was causing those cycles. Long term debt cycles are also caused by credit (excess debt accumulation in economy). But how it is possible? Why I am raising this question… Because in short term debt cycles, we saw that, when…
Here in Part-2 of the series of blogs on economy, we will talk about short Term debt cycles. In Part-1 we have seen what is economy, use of money in economy etc. What’s about short term debt cycles? Ray Dalio has beautifully explained the short term debt cycles in his Youtube video. I am only…
What is NAV of mutual fund? NAV means “Net Asset Value”. The significance of NAV for us is, we buy units of a mutual fund scheme at its current NAV. Like ‘share price’ is for stocks, ‘NAV’ is for mutual fund scheme’s. But the similarity of NAV with share price ends here itself. Why I…
