Page 812 - Personal Finance

Jewellers eye moolah as demand surges on cheaper gold

Jewellers are also expecting prices to fall further to around Rs 25,000 per 10 grams in the immediate short-term

Case study

Checklist for renting out your house

Some societies may charge flat owners extra maintenance fee if the tenant uses the amenities

Improper closure can cause more problems

Ensure that you have an acknowledgement from the financial institution when closing a bank account, credit card or insurance policy

Tipping point

Debt Counselling: Sanjay Agarwal

Strong contender due to locational advantages

HOT SPOT: KALAMBOLI, NAVI MUMBAI

Growth option is more tax-efficient

Risks in crowd funding

Be sure of your project idea and delivery time, as you might need to pay back your investors

Grass is greener on the other side

Investors are willing to punt on rumours but not expose themselves aggressively to industries they understand

Go for the tested consumer stocks

These are less likely to lose further ground and more likely to see a quick comeback

Don't get carried away by asset price swings

Stick to your allocation ratio and don't go overboard on a single asset

Axis Bank revises deposit rates

Hikes it interest rate on certain deposits by 25 bps, while paring rates on some deposits by 55 bps

Edelweiss Tokio Life launches a single premium product

The policyholder here will get tax benefits under Section 80 C and Section 10 (10D)

Avoid chit funds

Though the returns might be compelling, the redressal mechanism is too long and unhelpful

IDFC Mutual Fund collects over Rs 240 cr through equity NFO

This is one of the biggest amounts raised by a close ended scheme in recent times

Equity MF managers would like to forget FY13

Around 4.5 million folios met closures; pushing sector to sub-2008 levels

Online route to PPF is quite smooth

But to reap the benefits, you need an active net banking account and a savings account with the bank

Bank FD investors may exit on falling rates

Depositors may turn to dynamic bond funds and NBFC deposits: Experts

Auction system will help small investors

But price discovery will still be a problem. Small investors might as well avoid it