InvestmentKit.com Articles

Most tax-saving schemes provide both high returns and high security. So, it makes sense to use all the provisions available to save tax while earning money. The single most important provision is Section 80C. Under it, one can invest up to Rs 1 lakh in approved schemes and save taxes up to Rs 30,900. The [...]

India will grow at the rate of 9 to 10 percent for the next 25 years, Prime Minister Manmohan Singh said on Monday. Go to Source

The Union government’s notification on February 19 imposing anti-dumping duty of $35-$40 on radial truck and bus tyres from China and Thailand, and restrictions on import, has the industry divided. Go to Source

Real estate consultants and experts in India have become hot property for overseas buyers. Go to Source

Over half of India’s major ports have registered a double digit growth in January with the total cargo handled by ports registering a 13.4% growth at 51.3 million tonnes compared to 45.2 million tonnes in December 2009, with container volumes registering a 31% growth year on year. Go to Source

Over half of India’s major ports have registered a double digit growth in January with the total cargo handled by ports registering a 13.4% growth at 51.3 million tonnes compared to 45.2 million tonnes in December 2009, with container volumes registering a 31% growth year on year. Go to Source

Maruti Suzuki has said it had “no intention” to hush up the recall of the A-Star mini car in India, but refrained from going public on the issue as the country does not have a recall policy. Go to Source

Norwegian oil major Statoil has decided against participating in appraisal drilling operations in a deepwater acreage held by ONGC off the Andhra coast. Go to Source

As the growth of Indian economy dipped to 6% in the third quarter (October-December), it needs to expand by at least 8.8% in the fourth quarter (January-March) to achieve the projected GDP growth rate of 7.2% in the current financial year (2009-10). Because of poor monsoon, the agriculture growth was negative 2.8% in Q3. Go [...]

Nearly 11 years after the last of the two banking licences were issued by RBI to private sector entities, the government has again started the process of allowing the better-managed non-banking finance companies (NBFCs) to graduate to full-fledged banks. Go to Source

Nearly 11 years after the last of the two banking licences were issued by RBI to private sector entities, the government has again started the process of allowing the better-managed non-banking finance companies (NBFCs) to graduate to full-fledged banks. Go to Source

Unlike some of his predecessors, Mukherjee has couched his Budget speech in very modest language (like his July effort, it will take a while to sink in), so consistent with his political style: promise less and deliver more Go to Source

Larger than the new terminals of Mumbai, Hyderabad and Bangalore combined, T3 cannot afford the just-in-time approach that much of Delhi is taking Go to Source

The US, Japan, Germany, South Korea and Russia have taken the lead in manufacturing supercritical equipment such as boilers and turbines, which improve the efficiency of power plants and are environment-friendly Go to Source

Ulips are hybrid products in which premiums are predominantly invested in equities and bonds, while a portion of the fund is kept aside for insurance Go to Source

If food prices are indeed on a permanently high plateau because of higher demand, then public policy to raise food output in India is a must Go to Source

PMO has sought details of the EPC contracts awarded by the AP irrigation department, spelling potential trouble for the projects undertaken in the past five years Go to Source

PMO has sought details of the EPC contracts awarded by the AP irrigation department, spelling potential trouble for the projects undertaken in the past five years Go to Source

North India-based firms may gain more than southern counterparts in FY11; pricing power to deteriorate after May Go to Source

For the December quarter, ABB’s net revenue was down 13% compared with the year-ago period, while net profit fell a steep 43% to Rs109.6 crore Go to Source