Investment in mutual fund (where not more than 35% is invested in equity shares of Indian company) will now be deemed to be short-term capital gains. This applies to investments made on or after April 1, 2023: This means starting from April 1, 2023, investments in mutual funds…
RBI on Wednesday 8th February started by reminding the historical significance of 2023 for the Reserve Bank of India. 2023 marks the 75th year of public ownership of the Reserve Bank and its emergence as a national institution. Coming to present times, the unprecedented events of the last…
RBI today said that by the end of yet another turbulent year, the global economy is still marred by profound shocks and unprecedented uncertainty, there are mixed signals emanating from the geopolitical situation and financial market volatility. Though international energy, food, and other commodity prices have eased moderately…
In the stock market, people use various methods to create wealth. The three different methods used by people are Stock Trading, Investing, and Speculation. These three terms may sound quite similar but are actually different and none can be substituted by the other. These three methods differ in…
RBI on Friday 30th September said that the recent sharp rate hikes and forward guidance about further big rate hikes have caused tightening of financial conditions, extreme volatility, and risk aversion. All segments of the financial market including equity, bond and currency markets are in turmoil across countries.…
While stock markets have a great potential to deliver high returns on investments, it is also known to be quite risky. If you are new to the stock market, it is advisable to act cautiously while investing in it. It is common to see people complaining about the…
In the current economic scenario, the buzz is in the market that India may replicate the bull market like Japan which was the biggest rally ever seen in the history of stock markets globally. These days we are listening to a lot of analyst and their statements about…
Capital markets have seen a lot of popularity in India in recent history. Previously, there was a myth that the capital markets are just for the HNI and financial institutions, which used to invest their money in huge amounts. Although it has become popular amongst small investors recently,…
A successful investment journey may not be possible if human emotions overtake the professional approach of managing money. Investment decisions driven by emotions lead to difficulties in attaining long term financial goals. Thus it is of utmost importance to have control on your emotions while deciding your investments.…
Top Stock Broker in Delhi Delhi, India's capital, has long been a center for economic growth and investment opportunities. Delhi is a financial investment hotspot that offers many investment opportunities. Due to the flourishing arrow of opportunities and earnings, it is obvious that Elitewealth would establish a financial…