Choosing Rates–Fixed or Floating?

Interchanging fixed rate loans to floating rates or vice versa is done to claim benefits of the change in interest rates or to protect from the interest rate changes.

Long-Term Capital Gains After October 1

The Finance Bill, 2007, says that by opting right time to make long-term capital gains, it is possible to make differences in terms of taxation under the Income-tax Act, 1961. Investors having long-term capital gains can receive gains after October 1 in a financial year.
Suppose, you sell a your residential house for Rs 2 crore and the indexation cost is Rs 40 lakh, say, so you can make a long-term capital gain of Rs 1.60 crore. Now, if you do not want to buy another residential house and want to save income tax as well, then you have the option to invest your capital gain in the capital gains bonds for a minimum period of three years as provided for in section 54EC of the Act.

Sophisticated Standard Of Living

The presence of number of projects offering comfortable living to residents has made Noida and Greater Noida as the chosen destination for superior lifestyle in the National Capital Region. Grand Venezia International Mall by the Bhasin Group, Czar Suites by Supertech and internationally designed township developed by Omaxe are few of the numerous projects lined up for Greater Noida offering easy connectivity to the capital via the expressway.

Symantec rates Microsoft Vista as Highly Secure OS

According to the SymantecSymantec’s 11th Internet Security Threat Report, Microsoft Vista has been ran

LG Phones To offer Google Services

LG ElectronicsNow users will enjoy Google services on LG mobile phones. Both the companies have declared a universal association to pre-install Google’s services on LG handsets.

The affiliation will permit LG’s phone users to search for information, discover locations, update web logs and manage email while on the move.

Bank of China Opens Private Banking Service For Millionaires Only

Bank of ChinaBank of China (BOC) instigated a private banking service targeting millionaires only in Beijing and Shanghai.

The clients owing financial assets valuated over US $1 million are qualified for the service offered along with the Royal Bank of Scotland that possesses a 4.4 percent stake in the bank.

“It is a bank for the top rich,” Yue Yi, GM of the bank’s retail business stated.


News in Focus

Indian Markets Remain Weak on Monday, PNB Touches 52-week low

Indian markets remained in the red for most of the day on Monday. Markets don’t have any major trigger but Indian indices are trading near their all-time high.

Real Money Gaming Industry Is On The Rise

The art of gaming is one fun, thrilling, and exhilarating experience that never disappoints those who have had it before.

100 New Airports Will Boost Tourism and Hospitality Sector in India

Indian government has announced many ambitious projects over the last five years.

PE Inflows in Indian Retail Touch 5-Year High in 2019: ANAROCK Report

Despite tepid consumer spends, the total PE inflows into Indian retail hit a new high in 2019 among all five years between 2015 to 2019.

Titan Company Buy Call by Mitesh Thakkar and Ashwani Gujral Suggests Buy Call for SBI: Short Term Market Trades

Ashwani Gujral has given Buy call for State Bank of India with target price of Rs 345 and stop loss of Rs 330 for short term traders.

Indian Market Closes Strong on Tuesday: Review by TradingBells

Indian market closed strong on Tuesday after two days of correction. Stock markets have ignored BJP's loss in the New Delhi elections. Markets had already factored in the results from exit polls.

Delhi Election Impact on Stock Markets

Indian Stock markets are particularly sensitive to elections and elections in New Delhi present a challenge to Narendra Modi-led BJP.