Stay updated with breaking news from Jitendra Solanki. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
So, money managers believe conservative investors looking for regular income could lock into some of these bonds, which come in maturities ranging from a decade to as long as half a century.
India Business News: Conservative investors seeking regular income can now benefit from long-tenure bonds. These bonds, ranging from a decade to half a century, offer high
Solankis advice to investors is to remain invested for 8 years to take benefits of capital gains tax exemption.
HDFC Bank HDFC merger: SEBI may need to address the issue of equity mutual funds having more than 10% exposure to HDFC Bank shares due to the HDFC twins merger
The interest rates of small savings schemes, including the Public Provident Fund (PPF), are due for revision. People are speculating whether the government will increase the PPF interest rate for the July-September quarter. Currently, PPF deposits yield 7.1%