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Accumulate Rs 1 Crore by Investing Just Rs 5,000 Monthly

To many, Rs 1 crore may look like an unachievable figure but it is possible to accumulate the sum by investing just Rs 5,000 per month provided you follow these rules. Invest in growth assets By this, we mean an asset class that has the potential to deliver higher returns over long-term. Equity is one such asset class. Over long term, equity has potential to deliver over 12-15 per cent annual return whereas investments in conservative assets such as fixed income will only yield you 7-8 per cent annually. See…

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Jaitley Woos British Businesses Keen on Investing in India

London: Ahead of the India-UK Economic and Financial Dialogue, Finance Minister Arun Jaitley on Monday wooed British businesses keen on investing in India, highlighting initiatives taken by the government to make the country an attractive destination for global investment. UK Chancellor of the Exchequer George Osborne hosted Jaitley for dinner on his arrival in London on Sunday. The India-UK Economic and Financial Dialogue will be held on Tuesday after which the two ministers are expected to issue a joint statement. Jaitley began his three-day UK visit with an interaction with…

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TeamLease Services IPO Opens: Read This Before Investing

As of November 30, 2015 TeamLease had 1.05 lakh associate employees, serving over 1,021 clients and 1,218 full time employees based out of eight offices in India. TeamLease Services, which provides blue collar as well as white collar staff across industry sectors, is selling nearly 50 lakh shares in the price band of Rs 785-Rs 850 through its initial public offer, which hit markets today. Here are the 10 things to know about this TeamLease IPO: 1. Investors have to buy a minimum of 15 shares in the IPO which…

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Want to Buy Gold? Here Are The Smart Ways For Investing

After posting negative returns for past three years, domestic gold prices have risen around 13 per cent this year so far. If you are looking to put money in gold, there are multiple investment options like physical gold, gold exchange traded funds (ETFs), and gold bonds. However, it always pays to be aware of the income tax implications of the different schemes. Here is a comparative analysis of various options available. Physical Gold You can buy gold coins or bars from banks and jewellers. Banks sell 24 carat gold with…

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