10 crore in 10 years: If an investor decides to accumulate a corpus of Rs 10 crores in 10 years, it may leave them confused about whether investing in an equity mutual fund scheme via a SIP is the best way to achieve the goal or whether they should opt for other investment options. Naveen Kukreja, Co-Founder and CEO of Paisabazaar, suggests investors maintain an asset allocation ratio of 8:2.
Open FlipThe BMC's assessment and collection department has issued a notice to the Mumbai Metro rail contractors for defaulting on property tax payments amounting to over Rs. 370 crores. The civic body said that as Metro works are ongoing at several locations in the city, the contractors are contractually liable to pay the property tax of the casting yard plot.
Open FlipIndia has asked traders, major retailers and food processors to declare wheat stocks every Friday from April to prevent hoarding and price spikes, the government said on Friday. The world’s second-biggest wheat consumer after China has been trying to contain wheat prices after heat waves curtailed production for two straight years.
Open Flip