MY MONEY Syndicate content

Gold inches closer to Rs 30,000 mark

Gold skyrocketed to Rs 29,650 per ten grams on Friday by adding Rs 850, largely in tandem with a firming trend overseas.

Now, the yellow metal has gained Rs 2,600

WGC feels gold demand will be better this year

The World Gold Council expects 2016 to be a positive year for gold and feels the demand would be more than what it was in 2015. Despite several adverse

How senior citizens can benefit from ELSS option

There is a provision for tax benefit in the form of a deduction from investments made in equity-linked savings schemes (ELSS) under section 80C of the Income Tax Act.

Irdai breaks nexus of insurers- motor dealers

Coming hard on unhealthy market practices, insurance watchdog Irdai has said that there can be no restriction whatsoever on sourcing/servicing of motor insurance business (including personal accident policies) by any

Govt to link savings deposit terms to market rates

The government will link the interest paid to millions of small savers in a $137-billion central deposit scheme to market rates that will be revised every quarter, economic affairs secretary

Employees may soon get option to choose between PF, NPS

Employees may soon get option to choose between PF, NPSThe Labour Ministry has sought Cabinet approval to the EPF Amendment Bill, which seeks to provide an option to EPFO subscribers

Irdai rules for insurance brokers' commission likely in Mar

The Insurance Regulatory and Development Authority of India (Irdai) said on Wednesday that final regulations for commission of insurance brokers are expected to be released by next month.

Over 4 lakh investor accounts opened amidst market slide

New investor account additions at depositaries are happening at a good pace even as markets are falling. These accounts are like bank accounts, but are used to store shares, debentures and bonds of the investors in electronic form.

Amfi favours Sebi approving retirement funds instead of CBDT

With delay in clearance of several offer documents for retirement funds filed by mutual funds at CBDT, Association of Mutual Funds in India (Amfi), favours Sebi approving retirement funds in place of the CBDT.

Wrong asset allocation worse than poor returns

Money is the medium that represents value and the assets it can purchase. Investments are using income earned to create value, by postponing current enjoyment of the money to increase it for greater benefit at a later date.

  • Payout on Franklin Templeton plan

    FT Capital Protection Oriented plan has announced up to 100 per cent of distributable surplus as dividend.

  • Canara Robeco declares dividend

    Canara Robeco Interval Series 2 has declared up to 100 per cent of distributable surplus as dividend.

  • Payout on HSBC MF plan

    HSBC Mutual Fund has declared up to 100 per cent of distributable surplus as dividend on HSBC Fixed Term Series 30.

  • Dividend on Kotak MF

    Kotak Mutual Fund has announced up to 100 per cent of distributable surplus as dividend on Quarterly Interval Plan Series 8.

  • UTI Mutual Fund declares dividend

    UTI MF has declared up to 100 per cent of surplus as dividend on UTI Quarterly Interval Fund Series IV.

  • Payout on Bharti AXA scheme

    Bharti AXA Mutual Fund has declared dividend on weekly frequency on Bharti AXA ST Income Fund.

Contents In this section will be updated soon
Contents In this section will be updated soon

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

William D. Green

Chairman & CEO, Accenture