An Indian Woman Saves but a Wonder Woman does SIP
Warren Buffett says, “Do not save what is left after spending, but spend what is left after saving.” An Indian woman follows the same idea. She saves first and then spends money, be it shopping or personal finances. Indian women inherently have the habit of saving, no matter how small/big the amount is. No matter...
Railtel Corporation Ipo – Price band, Date, financials, details, reviews
Railtel India is coming with an IPO from Feb 16, 2021 to Feb 18, 2021 with the price band of Rs.93 to Rs.94 per equity share with the face value of Rs.10 per equity share. The bid lot size is for 155 share with an issue size of roughly Rs.820 crores. The IPO is expected...
Only seven weeks left to invest and claim 80C benefit for FY 20-21!
You must be aware of deduction under Section 80C under the Income Tax Act. Section 80C, w.e.f. 1st April 2006, basically allows certain investments and expenditures to be exempt from tax. Through 80C, you can claim deductions up to Rs.1.50 lakh per financial year, thereby lowering your tax liability. To put it simply, qualifying investments,...
Key highlights of Nirmala Sitharaman’s Paperless Budget 2021-22
In her speech, the finance minister mentioned that this year’s budget proposals rest on six pillars – I. Health and Well-being, II. Physical and Financial Capital and Infrastructure, III. Inclusive Development for Aspirational India, IV. Reinvigorating Human Capital, V. Innovation & Research and Development, and VI. Minimum Government and Maximum Governance. I. Health and Well-Being...
Sovereign Gold Bond (SGB) scheme Series XI 2020-21- Price, Dates, details
If you are planning to invest in gold, then it is definitely a chance to step into new year with golden step. RBI has announced the date and price for eleventh tranche of Sovereign Gold Bond (SGB) scheme 2020-21. The scheme will open for subscription from Feb 01, 2021 till Feb 05, 2021 . The...
Stovekraft Limited IPO – Date, Price Band, details
One of the prime Kitchen appliance company, Stove Kraft is coming out with an IPO from Jan 25, 2021 to Jan 28, 2021 with a price band of Rs.384 to Rs.385 per equity share with a face value of Rs.10 per equity share. The Shares will get listed on both NSE and BSE. The minimum...
Home first Finance IPO – Date, Price band, Details
HomeFirst Finance, an affordable housing finance company, is coming out with an IPO from Jan 21, 2021 to Jan 25, 2021 in the price band of Rs 517 to Rs.518 per equity share with face value of Rs.2 per equity share. The share will be listed on NSE and BSE. The issue comprises of a...
Indian Railway Finance Corporation (IRFC) IPO – Date, Price Band, Details
State-owned Indian Railway Finance Corporation is coming out with an IPO on Jan 18, 2021 at a Price band of Rs.25 to Rs.26 per equity share for a face value of Rs.10 per equity share. The issue will remain till Jan 20, 2021. The Share of IFRC will get listed on both NSE and BSE....
Indigo Paints IPO – Date, Price Band, Details, Reviews
Indigo Paints is coming out with an IPO on Jan 20, 2021 till Jan 22, 2021 at a price band of Rs.1488 to Rs.1490 per equity share with the face value of Rs.10 per equity share. The IPO is expected to be listed on both NSE and BSE on Feb 02, 2021. The minimum bid...
Govt set to launch third tranche of Bharat Bond ETF to raise Rs 15,000 crores
The government is planning to raise up to Rs. 15,000 crores through Bharat Bond ETF for some state-owned companies. This would be the third time that the government would be tapping retail money to fund PSUs. What is Bharat Bond ETF? Bharat Bond ETF is an Initiative by the Government of India to cater to...