Some banks charge processing fees of up to 1.5 per cent plus GST on the loan amount, which you need to pay before the loan amount is disbursed. Banks also charge valuation fees over and above processing charges. For instance, HDFC bank charges a valuation fee (a fee charged for the efforts the bank takes to value your gold) of Rs 250 for a loan of up to Rs 1.5 lakh and Rs 500 for loans over and above Rs 1.5 lakh. … [Read more...] about What are the charges for gold loans, how is the value of ornaments calculated, which lenders are the best and other key questions answered
Gold coin united
Gold fund of funds: These are open-ended mutual funds primarily investing in gold ETFs. Just like other mutual funds, gold schemes can be purchased and redeemed at NAVs and can also be invested in through the SIP/STP modes. Gold funds have higher liquidity than other modes of gold investment, as they can be redeemed directly from the fund houses on any business day. Higher liquidity, along with the availability of SIP/STP/SWP in gold funds, also allows higher flexibility to their investors in implementing their asset allocation strategy. … [Read more...] about What’s the best way to invest in gold now?
Given the limited fiscal stimulus, so far, there is scope for future action. The corporate sector, especially the medium and small enterprises, self-employed and small businesses have been the worst hit. Lower interest rates and increased credit is unlikely to solve the problems.We need direct support to businesses in the form of subsidies, grants or compensation for labour and other fixed costs borne during the lockdown. PSU banks need to be encouraged to lend more, which, in turn, requires the government to capitalise them quickly. Tariff and non-tariff barriers for imports need to be stricter. Further support for 'Make in India' and a new SEZ policy are needed to kick-start growth. … [Read more...] about ‘Market looks frothy but value stocks may outperform growth ones in short term’
Realme 7 Pro is a successor to the Realme 6 Pro (review) and comes with quite some changes in the design and display. The Realme 7 Pro sports a 6.4-inch Full HD+ AMOLED screen and is among the best displays in the segment. It offers vibrant and offers punchy colours. Unlike Realme 6 Pro, the Realme 7 Pro misses out on a high refresh rate LCD and instead comes with a 60Hz screen. Although a 90Hz AMOLED would have been sweet but the software optimisation has been good which has led to smooth user experience. Gamers may find this to be a bummer though. … [Read more...] about Realme 7 Pro Review: The best smartphone under Rs 20,000 in India?
I think my family and I have probably watched that film more than anyone else! It was such an honour to have a film like that named after me. Of course, one of my favourite things to do is put my football boots back on and have a kickabout in the garden with the kids, to show them that I’ve still got it and can teach them a thing or two! … [Read more...] about Morning Stars: David Beckham on how he starts the day, his exercise regime and how he maintains a schedule