This Diwali, gift more and save more

So how can one save tax by gifting money to wife, children and parents? Let us find out. Continue reading This Diwali, gift more and save more

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Infograph: US election outcome impact on Equities, Crude, Gold, Forex, Bonds

As US elections head for the home stretch with both the leading candidates heading for a photo finish, financial markets across asset classes are jittery. Higher volatility is visible across all markets, be it oil, gold, bonds, currency or equities. Continue reading Infograph: US election outcome impact on Equities, Crude, Gold, Forex, Bonds

Corn Prices at 5-year low; Sukhjit Starch to benefit

Riken Mehta Follow me on Twitter @mehtariken   Corn prices have witnessed a roller-coaster ride in last 2 years. After hitting a record high of USD 842.38 per bushel in August 2012, US corn future prices have plunged more than 60 percent to hit a fresh five year low this month. Record prices in 2012 lured farmers to harvest more corn in the following years thereby … Continue reading Corn Prices at 5-year low; Sukhjit Starch to benefit

Robust demand for 3D to continue in FY15: Prime Focus

Riken Mehta moneycontrol.com Follow me on Twitter @mehtariken Prime Focus Limited, a leading player in visual graphics and animation reported consolidated net sales of Rs 235.51 crore in the fourth quarter of FY14 over Rs 196.90 crore, a year ago. The company reported net loss of Rs 8.38 crore in this quarter. The profitability was impacted due to an unrealized quarterly loss on foreign exchange and … Continue reading Robust demand for 3D to continue in FY15: Prime Focus

Chart of the day: Cash market turnover is steadily increasing

Riken Mehta Moneycontrol.com Follow me on Twitter @mehtariken May is turning out to be a good month for stock brokers, with daily average cash market turnover (both exchanges combined) touching Rs 25,000 crore. This is the highest in five years, and offers some relief for broking firms, which have been grappling with low volumes for some time now.  While total traded turnover on the bourses (cash … Continue reading Chart of the day: Cash market turnover is steadily increasing

What to buy if Narendra Modi comes to power?

Riken Mehta Moneycontrol.com Follow me on Twitter @mehtariken The judgement day is here and market is buzzing with various scenarios and probabilities of how many seats will the Modi led BJP and NDA alliance will be able to get in the Loka Sabha elections 2014. While most exit polls predict the formation of NDA led government with majority, markets will react to final numbers today. Prominent … Continue reading What to buy if Narendra Modi comes to power?