Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images The second…
Credit card industry reins in balance-transfer offers as…
Getty ImagesBanks have pulled back from a popular credit card promotion on concerns that borrowers struggling during the coronavirus crisis may leave them with defaulting loans.Balance transfer offers, which typically entice borrowers to move their debt…
Will these mutual funds help me to create…
I have invested Rs 3,000 in each of these schemes:Aditya Birla Sun Life India GenNext FundAxis Dynamic Equity FundMirae Asset Emerging Bluechip FundFranklin India Prima FundAditya Birla Sun Life Equity FundI have also invested in…
With the second quarter almost over, what companies…
A man in a surgical mask walks by the New York Stock Exchange (NYSE) after more cases of coronavirus were confirmed in New York City, New York, U.S., March 10, 2020.Andrew Kelly | ReutersNext week…
Virgin Galactic completes second New Mexico glide test,…
Virgin Galactic's spacecraft Unity comes into land during a glide test flight on May 1, 2020.Virgin GalacticVirgin Galactic successfully completed its second glide flight test in New Mexico on Thursday, a milestone that should set…
What is an equity mutual fund?
An equity mutual fund invests mostly in equity or stocks. In India, a mutual fund scheme must invest at least 65% of its corpus in Indian stocks or equity and equity-related investments to be treated…
Accurate economic research group using math derived from…
People walk along Broadway as the coronavirus keeps financial markets and businesses mostly closed on May 08, 2020 in New York City. The Bureau of Labor Statistics announced on Friday that the US economy lost…
Most damaging myths in Indian investing: Perils of…
Portfolio construction based on grandmothers’ stories and advice from snake oil salesmen means that the vast majority of affluent Indians have invested most of their wealth in assets which do not, and cannot, deliver returns…
Best banking & PSU funds to invest in…
Banking & PSU mutual funds have become one of favourite category of funds to most debt mutual fund investors. A series of defaults and downgrades in the debt mutual fund space in the last two…