Archive for the ‘Today's newspaper articles’ Category
Rising life expectancy to help lower insurance premium
June 9th, 2009
Mukesh Dedhia
Life insurance premium rates are likely to drop over the next few months owing to longer life expectancy, with a new mortality and morbidity table expected to be in place by the fourth quarter of 2009 to replace the current one, which is of 1994-96 vintage.
The new rates will include the claim experience of individual companies and will be based on 2006-08 data.
‘BULL MARKET’ IN EQUITIES HAS BEGUN: MARK MOBIUS
March 24th, 2009
Mukesh DedhiaThe next “bull-market” rally has begun and there are bargains in every emerging market following a record slump in stocks, Templeton Asset Management Ltd’s executive chairman Mark Mobius said. “You have to be careful not to miss the opportunity,” said Mobius. “With all the negative news, there is a tendency to old back.” Emerging markets are in “better shape” than developed economies, Mobius said. The fund is looking for companies that are “cash-rich,” have low debt and higher dividend yields, or those that can invest for future growth yet have cash left to pay shareholders, he said.
SBI Gold Deposit Scheme
March 19th, 2009
Mukesh DedhiaA new investment avenue has come in the market.
Now you not only ensure safety of your idle gold but also earn interest thereon. The features of this deposit scheme are as follows:
- Gold accepted in any form
- Minimum quantity: 500 gms
- Interest bearing certificates issued against deposits
- Exempt from Income Tax, Wealth tax or Capital Gains
- Maturity period: 3, 4 & 5 years
- Interest Rates 1%, 1.25% & 1.50% for 3, 4 & 5 years respectively
- Premature payment permitted after one year
- Option of redemption of principle in pure gold or equivalent cash
- Nomination, transfer & Loan facilities Available
This is not an advertisement or a way to market. Just informing the investors of the new investment avenue available.
Happy Investing………..
Financial Engineering Has Gone On Too Long, Too Far Already
March 6th, 2009
Mukesh DedhiaIt’s time we got back to fundamentals and simplicity
Much has been said and written about the meltdown in financial markets. what has happened is so large in scale and the import for emerging economies like india so serious that more debates and comments will continue for a long time.
Investment banking, at least of the wall street kind, is dead.
is it a disaster or a blessing in disguise for the emerging markets? probably the latter.
Is there a lesson from it all? yes, most certainly - go back to fundamentals and grandpa’s simple logic and approach.