These measures cap the upside risks to slippages for financials. Slippages, however, could still remain high for the sector. A similar kind of restructuring was also made available for MSME borrowers facing stress on account of the economic fallout of the pandemic. … [Read more...] about Nahi nahi abhi nahi..abhi karo intezaar! Another rate cut likely if inflation is controlled
Aim money market fund
As I sit down to pen down my thoughts in reply, I make a mental note of absolute certainties. Extremities in investing need to be toned down. A diversified portfolio is a must and cannot be avoided. Both, capital appreciation and dividends are desired, probably in a more measured manner that matches the risk profile and prevailing economic scenario. If an octogenarian and widely successful value investor like Warren Buffett can course-correct his investment style to match the evolving economic situation and opportunities, we surely can do too. Value investing is not dead; it is just blending into a new environment, and investors are yet to realize it. … [Read more...] about Value investing: Warren Buffett course-corrects his investment style, should you?
Zomato and Tiger Global have launched preliminary talks for a total investment of up to $200 million, according to a person familiar with the matter. Due diligence is being done and terms have been discussed though no term sheets have been exchanged yet, said this person, requesting anonymity. … [Read more...] about Zomato looks to raise $100 million from Tiger Global
Kannan retired a couple of months back from a private company. He received a corpus of Rs 75 lakh upon his retirement. He does not get any kind of pension from the company. He had invested in some pension schemes and will now start getting benefits of Rs 20,000 per month. He has a monthly requirement of Rs 50,000 – that is, his expenses. He also earns a rental income of Rs 10,000 every month. He has taken a health insurance cover of Rs 25 lakh for him and his wife. His risk profile is moderate. … [Read more...] about Invest your retirement corpus to get safe income and beat inflation
The central bank has also decided to put in place an incentive framework for banks in order to address the regional disparities in the flow of priority sector credit. Under the revised PSL norms, the RBI has also increased the targets for lending to 'Small and Marginal Farmers' and 'Weaker Sections'. … [Read more...] about RBI revised guidelines: Startup loans to now come under priority sector lending