News - Finance

Investing in India: Why you should look beyond gold

By Debanjan Guha Thakurta
The author is an analyst with

All that glitters is not gold- Here’s why you should look beyond gold.

Key Points:
•    Gold has delivered solid returns for the past 5, can it continue that trend?
•    Gold has already reached its peak. When will it cool off?
•    No one knows the fair value of the Gold, which leaves  big scope of speculation
•    It is prudent to focus on the undervalued equity market, not on the metal

Unless you have been living under a rock, the buzzword nowadays is Gold.

Today, whenever you hear Gold, the first question that you tend to ask is how much more has the price of Gold increased? As Indians, Gold is a favoured investment over and above traditional Fixed Deposits and sometime even Real Estate. By now every one of us has either bought some gold or has made investments in Gold through Gold ETFs and Gold Funds.

Avoiding Common Mistakes in Investing in India

By Debanjan Guha Thakurta
The author is an analyst with

Mumbai, India, June 14, 2012 (Washington Bangla Radio) The term, ‘investments’, sounds so simple, isn’t it? To all of us it’s a three-step process: buy when the price is low, sell when the prices go up and make money. Sounds simple? I bet it does. But frankly speaking it is not so.

There are some common mistakes which seem to be general for all investors.

This article points out mistakes and also suggests steps to correct them.

Investing in Mutual Funds in India - A Guide for NRIs

By Debanjan Guha Thakurta
The author is an analyst with

Investment Opportunity in Indian Mutual Funds

Mumbai, India, May 31, 2012 (Washington Bangla Radio) Non-resident Indians have very little knowledge about investing into the Indian mutual funds space.  They often have to trade off their savings with lower rates of interest. The interest rates on money market instruments in the U.S. are somewhere between 0.05% to 0.10% annually, compared to our bank account savings rate of 4-6%. Further, when we compare this to the returns from the mutual fund industry, their bank rates seem to a miniscule.In spite of the global weakness in the equity market space, Indian economy’s prospect still looks bright and promising in the years to come and its long-term growth story remains firm as ever.

Before we proceed to the next step, let us know in a nutshell who qualifies to be a NRI?

Who is an NRI?

According to the Indian law, any person who has been not in India for more than 182 days for the financial year and more than 365 days in the preceding four financial years due to employment or business purposes is called as NRI. A person deployed outside India for more than 6 months will also be considered as Non Resident Indian (NRI).

White House 2013 Budget & AAPIs

President Obama sent his budget for the 2013 fiscal year to Congress earlier today. Below are details about how his budget creates security for Asian American and Pacific Islander families. This year’s budget reflects the President’s firm belief that our country has always done best when everyone gets a fair shot, everyone does their fair share and everyone plays by the same rules. It’s a document built around the recognition that this is a make or break moment for the middle class and those trying to reach it. What’s at stake is the very survival of the basic American promise that if you work hard, you can do well enough to raise a family, own a home and put a little away for retirement. This budget continues the Obama Administration’s commitment to keeping that promise alive by creating an economy that’s built to last – with good jobs that pay well and security for the middle class.

The Reserve Bank of India: Journey into History of Bank of the Bankers

RBI head office, Delhi

Image via Wikipedia

By Sameer Pushp

New Delhi, Feb 8, 2012 (Washington Bangla Radio / PIB India) Reserve Bank of India (RBI) did not become the ‘Bank of the Bankers’ in a day. It’s been a long and tough journey of evolution, consolidation, policy changes and reforms that shaped it to be an institution with a difference. Legislation to set up the RBI was first introduced in January 1927, and after seven years in March 1934, the enactment became an accomplished fact. It is one of the oldest central banks in the developing countries. Its formative years have been eventful. Its efforts to adapt central banking functions was neither deep-rooted nor widespread, the special responsibilities including those of exchange control to shoulder with the outbreak of World War II was a great responsibility thrust upon in the very first decade of its existence. Its transformation from a privately owned institution to a nationalized undertaking and its new role in the economy with the advent of independence was formidable.  Over the years when RBI embarked upon the path of its growth there are many anecdotes that are wrapped in the footprints of time.

Syndicate content