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…
How many schemes should you have in your…
Many mutual fund investors invest in two to three mutual fund schemes from three or four different mutual fund categories in the name of diversification. So, it is not uncommon to come across a mutual…
Are you worried about your mutual fund SIPs?…
By Amit Rathi During uncertain times like the current Covid-19 pandemic, wealth planners and fund advisors often face questions like “Should I withdraw my mutual funds?â€, “Is it time to stop my SIPs?†“Should I…
Banks will struggle to generate profits even as…
WASHINGTON — The beaten-down banking sector will remain under pressure through 2025 even as the economy recovers, the International Monetary Fund said Friday. In its latest "Global Financial Stability Report," the IMF found banks across nine advanced economies…
Bill to delist Chinese stocks moving at ‘warp…
Flags of the US and China are placed ahead of a meeting between US Secretary of Agriculture Sonny Perdue and China's Agriculture Minister Han Changfu at the Ministry of Agriculture in Beijing on June 30,…
Many Americans used part of their coronavirus stimulus…
Luis AlvarezThe U.S. government passed the largest piece of stimulus legislation in our nation's history to allow people to keep paying their bills during the forced economic shutdowns due to the coronavirus. Consumers, in turn, used…
ICICI Bank launches an FD scheme for senior…
Over the past week, few banks have announced special fixed deposit (FD) schemes for senior citizens with a higher interest rate. Today, ICICI Bank today announced the launch of its scheme, ICICI Bank Golden Years…
Reduced EPF contribution: 16 questions answered by EPFO
The Employees' Provident Fund Organisation (EPFO), via its official Twitter handle released a set of FAQs related to the recently announced reduction of EPF contribution from 12 per cent to 10 per cent for both…
Investor who’s beating the market by 30% with…
Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York.Michael Nagle | Bloomberg | Getty ImagesDennis Lynch steers a mutual fund whose bets on Amazon and Zoom Video…