Indian money in Swiss banks rises 50% to over Rs 7,000 crore

Indian money in Swiss banks rises 50% to over Rs 7,000 crore

Money parked by Indians in Swiss banks rose over 50% to CHF 1.01 billion (Rs 7,000 crore) in 2017, reversing a three-year downward trend amid India’s clampdown on suspected black money stashed there. In comparison, the total funds held by...
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The case against NRIs making real estate investments in India

The case against NRIs making real estate investments in India

Housing prices have either fallen or remained flat in top cities, while the rentals have stagnated. Indranil Bhoumik/Mint Many of my Indian friends have invested in house property in India. Should I also do it?  —Karan Arora Housing or real...
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What should be your investment strategy when in debt?

What should be your investment strategy when in debt?

While managing your personal finance, you may face a dilemma of giving appropriate weightage to either investment or debt since both are important aspects of your personal finance. If you ignore debt repayment, then compounding interest will quickly spiral out...
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RBI to hike rates again by year-end, August still in play: Poll

RBI to hike rates again by year-end, August still in play: Poll

The Reserve Bank of India (RBI) is expected to raise interest rates again in the final three months of this year, according to a Reuters poll of economists, but over one-third of them predicted a hike as early as at...
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Beginners’ guide to wealth creation Part III: How to start investing in mutual funds

Beginners’ guide to wealth creation Part III: How to start investing in mutual funds

Mutual Fund Industry’s AUM (Asset Under Management) has grown from Rs 7.01 trillion as on 31st March, 2013 to Rs 23.26 trillion as on 30th April 2018. That’s more than three-fold increase in a span of 5 years! The total...
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Investing in mutual funds? Avoid these two common mistakes

Investing in mutual funds? Avoid these two common mistakes

What actually matters is what a mutual fund invests in and how the fund manager runs it. An elderly gentleman, a retired military officer who was once my neighbour, has been asking me pretty much the same question for decades,...
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