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Persist with your SIPs to accumulate fund units at reduced costs
Pain in equities is expected to continue in the short-term, but investors with longer horizon must stay the course
SIPs closure ratio spikes to 70% in March, highest in previous fiscal
The sharp jump in ratio indicates that , for every three registrations, at least two requests are for closure
Smartphone makers seek 30% incentive for component manufacturing in India
The opportunity cost of starting a component manufacturing facility is the loss of revenue of around 5-9 months in the best case scenario and at worst, almost 2 years, the report said
Investment proposals under M-SIPS drop to Rs 914 bn in April as firms exit
Applications under consideration for Modified Special Incentive Package Scheme (M-SIPS) as of April 2018
Electronics ministry to reply to FinMin shortly on M-SIPS queries
Among these were that it should not an open-ended one and about the measure for deciding a scheme had attained maturity