passive income

Few Passive Income Tips

I’ve found passive earnings investments almost no one is the utilization of and we’re now not talking about everyday investments. In this article I want to share one of my friends experience in below mentioned passive income type. I’m revealing three business enterprise investments you can make that will money go with the glide immediately. In fact, one of my friend flipped a $500 funding into a $5,000 payoff on one of these in plenty less than a year. Beat debt. Make money. Make your money work for you. Creating the monetary future you deserve. Let’s Talk Money.  We’re talking about […]

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best investment tips

Finance & Investment Tips

My Best 5 Investment Tips If you are like those people who are disciplined and can keep atleast Rs.500/- consistent with month then today you will know exactly what to do to make your cash develop. So it doesn’t depend if you may store Rs.500, Rs.5000 or Rs.50,000 per month . How to pick the fine investment option consistent with you. Let’s begin. To actually understand what’s going to manifest to your cash, let’s analyse each funding option primarily based on these three parameters.. 1. Liquidity: Suppose you have an emergency and need money proper away. How effortlessly can you get […]

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Bank

Banking Terms

Banking Terms IFSC What is IFSC Code? The Indian Financial System code (IFSC CODE) is an alphanumeric code that helps Electronic Fund Transfer in India. A code uniquely identifies every bank department participating inside the three main Payment and Settlement systems in India:The Real Tme Gross Settlement (RTGS),National Electronic Fund Transfer (NEFT)and Immediate Payment Service (IMPS) systems. IFSC Format The IFSC is an 11 digits code with the primary 4 alphabetic characters representing the financial institution name, and the last six digits (usually numeric, but may be alphabetic) representing the particular Bank Branch. The 5th Digit 0 (ZERO) is reserved for […]

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Kotak maintains ‘Sell’ rating on Siemens

Disappoints again. FY2016 earnings were below estimate led by lower-than-expected margin (disappoints across several segments). Order inflow has been strong through this year and provides good revenue visibility for the next year. The company is well-placed to capture the recovery on alignment of its business interests with the government’s vision (energy management, rail and smart city solutions) and higher localization-led improvement in competitive positioning. All these positives and much more are factored in the CMP. Risks to our estimates are on the downside. Maintain Sell. Siemens’ Q4 FY16 sales at Rs 31 billion (up 11% y-o-y when adjusted for sale of […]

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Zee Entertainment rated ‘Buy’ after acquiring TV portfolio of Reliance Broadcast

Zee Entertainment (Zee) has announced that it is acquiring the TV portfolio of Reliance Broadcast (RBNL) for a consideration of Rs 2.98 billion. As part of the transaction, Zee will get two channels, Big Magic (comedy) and Big Ganga (Bhojpuri GEC), with combined FY’16 revenue of Rs 490 million, along with four TV licenses. Zee is also expected to get tax benefits of close to Rs 2.8 billion as a result of the acquisition, which would almost nullify the acquisition price. The transaction is expected to be completed by H2CY17. Zee intends to fund the purchase through issuance of Rs 39 […]

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IT stocks fail to cash in on record rupee fall

Although the rupee hit a new low on Thursday against the dollar, IT stocks barely reacted gaining just between 0.8% and 2%. Mindtree’s shares were up around 2% during Thursday’s trading session followed by Tech Mahindra whose stock was up around 1.7%. Stocks of other IT firms like Tata Consultancy Services (TCS), Infosys, Hexaware and Wipro barely budged. The Indian rupee on Thursday hit a lifetime low of 68.86 in intra-day trades against the US dollar due to a strengthening of the dollar against virtually all currencies. The BSE IT index ended the session at 9,434.05, up 114.78 points or 1.23%, […]

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As stock markets plunge, promoters pledge more shares; Vivimed Labs, TGB, Premier, Reliance Power in list

Promoters of 36 companies were required to provide additional shares worth Rs 1,863 crore to lenders. (Reuters) With the markets in free fall, promoters have been compelled to pledge more shares as collateral against funds borrowed, data compiled from Capitaline shows. Promoters of 36 companies were required to provide additional shares worth Rs 1,863 crore to lenders. For a sample of 37 companies, the pledged shares went up to 64.3% of their stakes, an increase of 54 bps since the end of September. . Such a sharp jump in additional pledges is probably a function of margin calls getting triggered, market […]

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Rupee dives to lowest level since August 2013! 5 reasons why the Indian currency is in a free fall

Indian Rupee: The currency is in a free fall owing to multiple reasons, such as FIIs exiting the Indian market, dollar’s bull run. (Reuters photo) The Indian rupee has plunged to its lowest level in over 3 years and there is no respite in sight, despite the Reserve Bank of India (RBI) is actively intervening to step the rapid depreciation of the currency versus the US dollar. The currency is in a free fall owing to multiple reasons, such as FIIs exiting the Indian market, dollar’s bull run on possible US Federal Reserve rate hike, and month-end demand for the American […]

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Rupee hits record low of 68.86 by plunging 30 paise against US dollar

Forex dealers said besides a strong month-end demand for the American currency from importers, continued capital outflows by foreign funds and the dollar’s bull run on an imminent hike in Fed’s interest rates, mainly weighed on the domestic currency. (Reuters) The rupee hit a record low of 68.36 by plunging 30 paise against the US dollar on Thursday amid sustained foreign fund outflows and the greenback’s surge in overseas markets. The low surpassed the rupee’s previous all-time nadir of 68.85 hit in August 2013, when the country was mired in its worst currency crisis in more than two decades. News agency […]

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Sensex to hit 30,000 mark by September 2017, instead of March: Citi

Surendra Goyal, Head of India Equity Research at Citi India told CNBC-TV 18 that FIIs (Foreign Institutional Investors) will be spooked by rupee’s depreciation. Citi expects the Sensex to hit the 30,000 mark by September 2017, as against the earlier projection of March 2017. Surendra Goyal, Head of India Equity Research at Citi India told CNBC-TV 18 that FIIs (Foreign Institutional Investors) will be spooked by rupee’s depreciation. Goyal believes that it is tough to assess the damage caused by demonetisation. Talking sector-specific, Goyal said that real estate, cement, consumer discretionary, rural-focused NBFCs will face stress for longer time than others […]

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