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…
When I was a beginner in investment, “mutual fund” was the most heard term. But more than I was interested to invest in it, I wanted to know what is a mutual fund in first place? I could understand that, mutual fund is an investment option like stocks, real estate, gold, bonds, etc. Investment options…
When a person wants to buy a risk free investment, which is the best investment vehicle? Government bonds will be the best choice. Why? There are two reasons for it: (a) Government bonds are issued by the central government in India, (b) These bonds are regulated and managed by Reserve Bank of India (RBI). What…
Shree Cements share price has caught my attention since last 1.5 months. Its been falling steadily. Why Shree Cements? If we will prepare a list Top 100 stocks in terms of Market Capitalisation, Shree Cements will appear in this list. In fact as per my list, its Rank is #54th in the list. High Market Capitalisation…
Salaried people can afford a bit of mismanagement in finances. But financial planning for non-salaried people must be spot on. Income of salaried people are predictable. But for non salaried people (like freelancers, business men etc), income forecast can be tough. Monthly/annual income of non salaried people are irregular. What I mean by irregular? The…
