A National Identity Card project makes you vulnerable. Here is how

Thanks to the blazing march of technology, a little electronic record will be key to the very identity of every individual in India. The Multipurpose National Identity Card (MNIC) project, started by the BJP-led government, proposes to allot each Indian a National Identity Number (called Nishaan) that will contain his/her...

Low interest rates and volatility in stock market is creating new interest in FDs

Bank fixed deposits are back. With interest rates slowly snaking upwards and stock markets turning hugely volatile, a steady flow of interest income has suddenly become very attractive. Banks are falling over each other in advertising their schemes. Indeed, the days of competitive and aggressive...

Be careful about having blind faith in Systematic Investment Plan

Tata Mutual Fund is launching a scheme based on the idea of Systematic Investment Plan called Tata SIP equity fund. SIPs, as any investor knows, are one of the better ways to create a winning portfolio. The idea is simple. Instead of putting large lumps of your money into the market, invest that money in drips. The advantage...