Monday, 2 October 2017

MFs can save you more tax than fixed deposits

THE ECONOMIC TIMES
Mon, Oct 02, 2017 | 05:46 PM IST

Daily Newsletter

Mutual funds have multiple tax advantages over bank fixed deposits

In three years, falling interest rates have knocked off around 40% from the annual income that a FD would yield. That's a shocking decline.

Gun menace returns to haunt US; 50 die in Las Vegas, over 200 wounded

The shooting broke out on the last night of the three-day Route 91 Harvest festival, a sold-out event attended by tho...

Is Modi govt hiding something behind its exclusive focus on demonetisation?

"Focussing exclusively on demonetisation detracts attention from a series of missteps by the government that hurt the...

New candidate for no-fly list? Aditya Narayan misbehaves with airline staff

A video gone viral shows the singer threatening an official of Indigo Airlines....

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Kindest quarter arrives for a stock market that nothing can rattle

The S&P 500 rose an average 6.2 per cent in the fourth quarter since 2009....

St not expecting an Octoberfest, but there's some reason to hope

Foreign fund outflows show no abating signs amid concerns over India's economic prospects....

RBI seen keeping rates on hold as inflation concerns revive

The RBI has made a priority of maintaining consumer inflation at around 4 percent - the midpoint of its mandated targ...

GDP to hit $6 trillion by 2027 on digital leap: Morgan Stanley

Morgan Stanley expects digitisation will provide a boost of 50-75 bps to GDP growth and forecast that India will grow...

Market Watch 2 Oct | 05:46PM|
SENSEX NIFTY USD/INR GOLD
31283.72
1.24
9788.60
19.65
65.27
-0.24
29561.00
-47.00
MARKET NEWS
Mega deals power PE investments in 2017 to all-time high

SoftBank's mega bets on Internet and mobile companies account for 24 per cent of the total investment pie....

IPOs raise record Rs 27,000 crore in April-September this year

Companies had raised a record Rs 21,244 crore from IPOs in the first half of 2007-08....

Gainers Losers 2 Oct, 2017, 05:46PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Bombay Burmah 1287.80 9.00 204713 1338.45 1180.00
Jaiprakash Associates 18.00 8.43 18797561 18.45 16.95
Indiabulls Real Estate 220.90 6.59 2800546 224.00 210.00
Redington (India) 156.20 6.11 50890 159.00 147.85
Parag Milk 246.10 5.80 28735 249.50 238.65
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
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Britain's Monarch Airlines shuts, leaves thousands stranded
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FROM THE NEWSPAPER
Digital drive gaining steam: Currency circulation declines during festive season, says RBI data

Currency in circulation has dipped in three weeks out of the five to September 22. In absolute terms, it rose just Rs...

Narendra Modi can revive his mojo using demonetisation dividend

No one knows if Rs 15 lakh promised by Modi to everyone is possible. But he should attempt to transfer some of the we...

India and China new players in Central Asia's 'Great Game'

While Beijing offers OBOR, India has embarked on a Connect Central Asia policy to overcome a disadvantage it has: lac...

Startup India is now open to feedback on project progress

Agency invites public feedback on ranking of states, with results set to be announced by June next year...

What slowdown? Consumers are buying more premium products this festive season

Maruti, Hyundai, LG, Sony, Panasonic and Godrej said consumers, including those in smaller towns, are buying more pre...

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