In the bond market, rate hikes are bad as bond yields, i.e., traded levels for bond deals in the secondary market move up when RBI is signalling rates upward. However, the bond market was already prepared for this hike. The 10-year government bond yield, even before this hike, was at 7.2%. Yields have moved up after the hike, but only marginally.
Mumbai: India’s investor map is undergoing a significant shift, with the country’s traditionally dominant western region steadily losing share to the north, as retail participation broadened across states, even where stocks have not been a popular investment avenue. North India, which overtook the West to become the largest contributor to the country’s registered investor base…
Are you planning to purchase a new home? Have you planned your home loan EMIs in advance in accordance with your monthly income? These are some fundamental questions that must be answered first in order to avoid a difficult-to-manage home loan. Furthermore, it is a given that owning a new home is a dream for…
New Delhi: Fortis Healthcare is reviewing the Delhi High Court decision on the Daiichi Sankyo arbitration case and may approach the Supreme Court, people in the know told ET. The high court on Monday delivered a judgment that creates a massive contingent liability for the company. In the 213-page judgment, Justice Subramonium Prasad ordered a…
Amid widespread discussion about transaction fees and merchant charges, the government on Saturday clarified that UPI will remain free for consumers and that small merchants will not incur charges for accepting digital payments. In fact, the MDR (Merchant Discount Rate) charges will be applicable for a few sets of merchant transactions What did the government…
Mumbai: The Insurance Regulatory and Development Authority of India (Irdai) has allowed insurers to invest in Maharajah INR bonds issued by the New Development Bank (NDB), giving insurers an additional avenue for investing in rupee-denominated bonds. NDB plans to raise ₹25,000 crore through the bonds over a five-year period. In a circular dated August 27,…
Suppose you already have 5 mutual funds in your portfolio across equity, debt, hybrid, gold, etc. You receive a ₹10,000 bonus from your employer and want to invest the money in these mutual fund holdings. Should you add it to all five funds or put it into just one or two? Here is what experts…