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महत्वाची आणि उपयुक्त माहिती समजा, तुम्ही बाहेरगावी गेलाय आणि तिथे तुमच्याकडे असलेली नगद रक्कम संपली तर? समजा, तुम्ही प्रवासात आहात आणि कुणीतरी तुमची पर्स चोरली तर? समजा, तुम्ही शिक्षणासाठी दुसऱ्या शहरी राहताय आणि तुम्हाला तात्काळ फी भरायची आहे. तर? समजा, दुसऱ्या गावात असताना अचानक दवाखान्यात ऍडमिट होण्याची वेळ आली तर? समजा…. असो मंडळी! अशा अचानक संकटात सापडण्याच्या शक्यता भरपूर आहेत. पण आपण अशावेळी काय करतो? सुरुवातीला भांबावून जातो कारण जवळ काहीच पैसे नसतात. एटीएम चोरीला  गेले असते. जर सोबत असेल तरी त्यांच्याही अकाउंटमध्ये गरजेइतके पैसे नसू शकतात. अनोळखी शहरात कुणी ओळखीचे नसते. मदत मागायची तरी कोणाला? आणि ओळख पाळख नसताना कुणी पैशांची मदत करेल याची शक्यता फारच कमी! या अडचणीवर एक उपाय आहे! उपाय साधा सोपा आहे आणि खात्रीचासुद्धा! अशावेळी तुम्ही सरळ पोस्ट खात्याला शरण जा. तिथं तुम्हाला नक्कीच मदत मिळेल. तुम्ही आपल्या नातेवाईक/मित्रांकडून पैसे एका मिनिटात पोस्टात मागवू शकता आणि दुसऱ्या मिनिटाला ते त्वरित काढू शकता. ते सुद्धा पोस्टात अकाउंट नसतानाही... आश्चर्य वाटलं ना? पण हे खरं आह

*WHAT TO WATCH:* • A $2 Billion Health Empire Run By Four Sisters Makes a Comeback • India October Crude Oil Imports Rise 10.5% Y/y to 21M Tons • Maldives, Wooed by India, Set to Scrap China Deal, Reports Say • Biggest Indian Utility Said to Mull Buying Distressed Generators • Tycoon Mistry Plans $1 Billion Share Offer Amid Rare Sales • BPCL Unit to Spend 40B Rupees on Maharashtra City Gas Projects • Piramal Enterprises to Consider Private Placement of NCDs up to INR10b • India Coffee Output Seen Down; Indonesia Revised Lower: USDA FAS • Goldman Sees Double-Digit Emerging-Market Stock Returns in 2019 • Twitter CEO Gets Trolled After Wading Into India’s Caste Debate • Global Funds Sell Net INR13.8b of India Equity Derivatives on Tuesday o Global Funds Sell Net INR7.53b of India Stocks Tuesday: NSE o Foreign Investors Buy Net INR10.5b of Indian Equities Nov. 19 • Why India’s Government and Central Bank Are Feuding: QuickTake] • Worst Day of an Awful Year Leaves No Corner of Market Unsc

*Global News, Views and Updates* *Asia Stocks Roiled as Wall St. Woes Spread to Debt* Asian stocks are back in bear-market territory after another dive on Wall Street, where concerns have spread to the corporate-bond market. Investors are also contending with no obvious havens, with Treasuries little changed so far this week and gold weaker. Equity benchmarks retreated across the region though U.S. futures edged higher. Oil tumbling toward $63 a barrel weighed on energy compa nies, while a plunge in Apple Inc.’s stock hit suppliers in Asia. All major U.S. benchmarks fell more than 1.5 percent Tuesday. *Investors Flee Oil as Stock Rout, OPEC Doubts Turn Up Pressure* Investors have fled oil in droves repelled by a toxic mix that included a global selloff in stocks, rising doubts on OPEC’s commitment to production cuts and escalating trade tensions. Crude joined a rout in equities that saw U.S. stocks plunge on heavy trading, as investors fretted about an American confrontation wit

Market is like an Elephant  🐘 : Six blind men in a village has an opportunity to feel elephant as they are not able to see. Everyone of them touched the elephant. "Hey, the elephant is a pillar," said the first man who touched his leg. "Oh, no! it is like a rope," said the second man who touched the tail. "Oh, no! it is like a thick branch of a tree," said the third man who touched the trunk of the elephant. "It is like a big hand fan" said the fourth man who touched the ear of the elephant. "It is like a huge wall," said the fifth man who touched the belly of the elephant. "It is like a solid pipe," Said the sixth man who touched the tusk of the elephant. They began to argue about the elephant and everyone of them insisted that he was right. A wise man asked them, "What is the matter?" They said, "We cannot agree to what the elephant is like." The wise man calmly explained to them, &quo

In these volatile times, when *FII's* are selling non stop, and no big local positive news happening where do we get conviction to stay invested in equity. Conviction comes from quality of management and business. Think.... Has maruti stopped making new cars and expansion of volumes ...? 🚗 Has hpcl, bpcl,.... shutdown even one single pump due to high crude prices ...?  ⛽ Has jubiliant foods stop making dominos pizza...? 🍕 Have school going children stopped buying bata shoes...? 👞 Have ITC stop making cigarettes...? 🚬 Did any bank send you back home saying, sorry sir no cash available today...? 💰 Have people stopped taking baths and washing clothes with HUL products...? Is any flight of indigo flying empty...? ✈ If answer to all above question is a big *NO* .... then why do we worry. Prices of shares and NAVs of many good funds are available at lower than demonitisation phase value of dec 2016 After demonitisation 2017 was a non stop dream run. So

India’s equity market capitalisation would grow at a compound annual rate of 12 per cent to reach $6 trillion by 2028. Equities could also prove to be the asset class that gives the best return going forward but with lower returns than in the past 25 years, says a Morgan Stanley report. India analysts of the US investment banking firm also expects the Indian economy to grow to $6 trillion size in the next 10 years. In a report titled, “25 Years: Retrospective and Prospective” —brought out to mark completion of its 25 years in India--Morgan Stanley India analysts say the journey toward a $6 trillion GDP and market cap is, however, not without its challenges and risks. “We see risks to our base case from global growth environment and delivery and execution of policy reforms required to support the medium-term growth trajectory,” Ridham Desai, Sheela Rathi and Upasana Chachra, analysts from Morgan Stanley said. “India’s medium-term growth trend will be supported by the interplay of the s

*NBFC fund crunch begins to hit real estate sector* Home buyers and real estate developers are facing a fund crisis, despite RBI’s recent measures to increase bank credit to non-banking finance companies (NBFCs) and housing finance companies (HFCs). The problem is so acute that in several cases, sanctioned home loans are not being disbursed and funds committed earlier under construction-linked home loan schemes are not being released by several players. The cash crunch has al so pushed up home loan interest rates by 50-75 basis points (100 basis points make a percentage point). For developers, the increase can be as much as 300 basis points, said Pankaj Goel, a director in Express Builders, a Delhi NCR-based outfit. NBFCs are keen to transfer their home loan accounts to banks for pre-payments, which help them generate cash. The condition is so difficult that no NBFC is ready to write a large cheque of Rs 30-40 crore. Even limits on credit lines given by them to firms have been l

*The India–Japan, Currency Swap Agreement* Last week, India and Japan entered into a currency swap agreement to the tune of US$ 75 billion, which might help in controlling the steep fall in the Indian rupee’s value. *How does it work?* The agreement is signed between the central bank of two countries, where the terms and costs of the swap are decided. Under a currency swap, one country will be able to exchange its currency with an equivalent value of the other country’s currency, at a pre-determined exchange rate and for a predetermined period. In the present case, Reserve Bank of India (RBI) will have access to US dollars of up to 75 billion (or Japanese Yen of an equivalent amount) from the Bank of Japan. In return, Bank of Japan will also get an equivalent amount of Indian rupees or US dollar from the Reserve Bank of India (RBI). The arrangement will be used only when required, and will help the government in meeting short term liquidity requirements. Since the exchange rate o

*Few Recent Market Developments* 1. *Crude Oil* has corrected all the way from US$86 per barrel (with market concern that it may reach even US$90-100 pb) to US$69.13 per barrel, taking Crude Oil into bear market. Further, an influential Wall Street Journal story indicating that Saudi Arabia is studying the possibilities of OPEC collapse provided additional comfort that the decades-old era of crude oil cartelization may extinct. 2. *US mid-term elections* result (wherein Democ rats winning back House of Representatives; and Trump's Republicans retaining Senate) has given renewed confidence to US markets that the split house can act as a check on Trump's aggression. This renewed confidence has averted the risk of US markets slipping into bear market (which appeared high possibility scenario 15 days back). Dow Jones corrected 9.2% in October 2018, but gained back 6% post-election result. Unless US Congress and Trump get into disruptive gridlock in policy making, the risk of

ELSS vs PPF – Comparison of ELSS Funds with Public Provident Fund Saving plays an important role in meeting the growing needs of individuals and families. But these savings are truly beneficial if they are able to meet your needs after beating inflation. Tax is an aspect that takes away a substantial amount of your income and therefore, as an investor, you must weigh your options for the best tax efficient investment options. 1. Introduction It takes good financial planning on your part to make your savings meaningful and invest in schemes that give you the best results. Under the Income Tax Act, Section 80C, the Government of India encourages individuals and households to save and be better prepared for retirements and other contingencies in the future. The government has allowed an exemption on various investment schemes for individuals to claim as much as INR 1,50,000 in deductions on investments. We shall now look at two of such schemes:  a. Equity Linked Savings Schemes (E