Samir and Kajal Manjra stay with their children, aged 11 and six, in their own house in Ahmedabad. While Samir is salaried, Kajal is self-employed and both bring in a combined income of Rs 1.05 lakh a month. Their portfolio includes real estate worth Rs 1.45 crore (two properties, one of which is self-occupied), equity worth Rs 12.2 lakh in the form of mutual funds and Ulips, debt worth Rs 11.37 lakh in the form of PPF, EPF and fixed deposit, and Rs 55,000 in cash. They also have a personal loan of Rs 3.05 lakh for which they are…
Author: Miley Selena
The scope and attractiveness of alternative investments is increasing. Here’s a weekly tracker of returns from such investments. But don’t compare these with returns from traditional investments since the proportion and purpose of alternative investments is vastly different. Gold (995) (Rs) The US jobless claims fell and hit a new low since the pandemic started. However, gold remained steady because the Federal Reserve played down fears of early rate hike. Silver (Rs) Taking cue from gold, silver also remained flat during last week. Platinum ($/troy ounce) After underperforming metals like palladium and rhodium for the past year, platinum has started…
Delivery workers are playing a key role in keeping Saigonese fed amid the social distancing, but they are wary of infection in what is now the country’s Covid-19 hub.Doan Van Hung wears two masks and puts a small hand sanitizer bottle in his jacket and a bottle of alcohol in his motorbike trunk before leaving home in District 11. As he is about to leave, his wife tells him to stop making deliveries because she fears the 52-year-old might contract Covid without him knowing and bring it home. “I am worried too, but income goes first,” he says, adding he…
The Health Ministry announced 2,014 new local Covid-19 patients Monday morning, with most recorded in Ho Chi Minh City. The southern metropolis reported 1,535 patients, 1,346 of whom were detected in quarantine zones and areas under lockdown and 189 at new clusters and via spontaneous health checks at hospitals. More stories at Vietnam Insider’s homepage. Its neighbor Binh Duong Province recorded 215 cases, including 123 in quarantined and isolated areas and 92 with unclear sources of transmission. Dong Nai Province that also borders HCMC got 74 cases, with 33 having been isolated, 32 linked to a cluster at a company…
Mutual funds’ enthusiastic participation in last week’s Zomato IPO has raised many eyebrows. The anchor book portion of the public issue saw subscription from 19 mutual fund companies across 74 schemes with varying mandates. Questions are being raised about the clamour to buy shares of a business which is yet to make profits but commands a hefty price. It is perceived that asset managers have turned a blind eye to yardsticks like earnings visibility, cash flows and return on capital-among other metrics on which they claim to put high emphasis.Feroze Azeez, Deputy CEO, Anand Rathi Wealth Management, feels the size…
The Hanoi People’s Committee Sunday asked citizens to stay home, avoid public gatherings of over five and maintain a distance of at least two meters between people starting Monday. Vietnam recorded 2,807 new local Covid-19 cases Sunday evening, pushing the day’s tally to an all-time high of 5,887. Hanoi tightens Covid-19 restrictions, bans public gatherings over five people. The latest restrictions followed the capital city recording 37 new Covid-19 cases Sunday. The administration recommended that people only go outside when it was really necessary, for emergencies, buying food or medicines, working in factories and businesses allowed to operate. Weddings will…
Vietnam records 2,454 new domestic Covid-19 cases Sunday morning and HCMC continued to lead with 1,756 cases. 16 southern localities to begin two weeks of strict social distancing Vietnam confirms 2,454 new local Covid-19 patients Sunday morning, HCMC leads with more than 1,700 cases, following by Binh Duong with 281 new cases and Dong Nai with 75. The remaining cases were recorded in another 18 provinces and cities. Among the new cases, 2,226 were contained within quarantine centers or lockdown areas. The HCMC Disease Control Center also registered another 626 cases on the Covid-19 national system that have been previously…
NEW DELHI: Rising number of COVID-19 cases related deaths have also sparked a crucial real estate discussion on the property inheritance. You must have seen family disputes over property matters languishing in the courts for years. This is because inheritance issues in India are very complicated and a single step can ensure your amicable distribution of your real estate assets. What is a property will?A property Will is a legal document which is a legal instrument. The property owner executes this document so that he can plan his succession. This is done so that the property can be distributed among…
Vietnam recorded 2,105 local Covid-19 cases in 18 localities on Saturday morning, raising the infection tally of the ongoing wave to 42,663. The nation has vaccinated more than 4.23 million people against Covid-19 and 298,177 have got two doses. Visit Vietnam Insider’s homepage for more stories. Vietnam adds 2,105 cases to domestic Covid tally, of the new patients, 1,769 were recorded in Ho Chi Minh City, with 1,391 in quarantine zones and areas under lockdown and 378 linked to other clusters in the community. Among other southern localities, Binh Duong Province, a HCMC’s neighbor, recorded 124 cases, 92 of whom…
The Vietnam’s Immigration Department has issued updated regulations on extension of temporary residence for foreigners in Vietnam, who are unable to exit Vietnam to return home due to the outbreak of COVID-19. Overstaying a Vietnam visa will cause foreign visitors not only to incur administrative penalties but also to leave a negative mark in their records of the Vietnam Immigration Department, which make next return to Vietnam of foreigners become more difficult. Currently, Covid-19 pandemic has pushed the world into paralysis, entry and exit in countries, therefore, is no longer as easy as before. In results, a series of foreigners whose…