Month: June 2012
Below are all the posts archived for the month.
Rupee gains as zebra stripes at the end of the world
in Links
Let’s start with BeyondBrics this week who reported a study released by Lloyds TSB International about global housing prices which places India at the top of the list as far as rise in house prices are concerned. Prices in India grew 284% in the last decade while Russia was second with a 209% price rise.
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Reader Stories: Mr. Chari’s Approach to Managing Money
in Opinion
One of the things that I find most incredible and interesting about blogging is how different people use OneMint, and I’m always keen to hear if someone has anything to say about how they have used the site. I find that listening to these stories is the best motivation to continue writing, and the range
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Introduction to liquid funds
in Featured, Fixed Deposits, Reader Suggestions
Liquid funds are getting increasingly popular these days because of the high interest rates, safety, and tax advantage that they offer. Liquid funds invest in treasury bills, government securities, call money, repo and reverse repos and other such instruments that are quite safe in nature and have a short maturity. This means that they are
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ICICI Prudential US Equity Bluechip Fund Review
in Featured, Investments, Reader Suggestions
ICICI Prudential has launched a new mutual fund called the ICICI Prudential US Equity Bluechip Fund which will invest in stocks of American companies, and I think this is just the second fund after Motilal Oswal’s NASDAQ 100 ETF that allows Indians to get exposure to US equities using a fund vehicle. A look at
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Rupee lows, Tax Deductions and Jobs Lessons
in Links
The bad news today was the Rupee sliding to another all time low and The Hindu has a small article on the steps that the RBI is taking to halt this slide. The RBI’s first step though is quite weird and I don’t think it does anything at all. Deepak Shenoy has a detailed post
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Home Loan Basics in India
in Credit, Suggested Reading
The topic of home loans has appeared a few times in comments now, and in this post I’ll cover some things that I have learned about home loans over the years. Home loans are disbursed based on the evaluation of property price When you approach a bank to give you a loan for a house,
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Introduction to HUFs
in Tax
This post is written by Shiv Kukreja The Hindu Undivided Family (HUF) structure is a very effective way to save tax and a lot of people are eligible to create HUFs but somehow there is very little awareness about it. I think that’s because most of us don’t know how easy it is to create
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India’s $10 billion pledge to IMF: Facts and Fiction
in Economy, Featured
It’s not often that I discover breaking news through my Facebook feed, but that happened today with the news of India’s $10 billion pledge to IMF going viral and people taking some pretty extreme positions in the comments to each other’s posts. The press release from IMF about this is fairly detailed and let me
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Fitch Lowers India’s Outlook to Negative
in Economy
S&P lowered India’s credit rating outlook to negative back in April, and now Fitch has also come out and done that. Everything that was said during S&P’s statement has been repeated now, and while nothing new, they serve as a reminder of all the things that are going downhill currently. Fitch did mention some positives
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Thoughts on RBI’s Mid Quarter Monetary Policy Review
in Economy
RBI surprised a lot of people by keeping the Repo rate unchanged, and after the terribly slow GDP growth last quarter I thought the central bank will decrease the rates to help boost the economy. But they didn’t do that and judging the by the reaction of markets and industry players, this was a big
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