Me and Market

Rent vs Buy Calculator Rent vs Buy Calculator (₹) Monthly Rent (₹) Home Price (₹) Loan Interest Rate (%) Loan Term (Years) Down Payment (₹) Calculate

Home Loan & SIP Calculator Home Loan & SIP Calculator Loan Amount (₹): Loan Tenure (years): Loan Interest Rate (% per annum): SIP Monthly Investment (₹): SIP Expected Return Rate (% per annum): Calculate

Buying a home is a significant financial commitment, and for most people, it involves taking a home loan . At the same time, investing in a Systematic Investment Plan (SIP) can be an excellent way to build long-term wealth. But is it wise to do both at the same time? Let’s explore whether managing home loan EMIs and SIP investments simultaneously is a smart move or a financial burden. 1. Understanding Home Loans and SIPs Home Loan: A home loan is a long-term debt that helps individuals purchase a house. It comes with a fixed or floating interest rate and requires Equated Monthly Installments (EMIs) for repayment over a period (typically 10-30 years). SIP (Systematic Investment Plan): SIP is a disciplined way of investing in mutual funds at regular intervals (monthly, quarterly, etc.). It helps in wealth creation by taking advantage of rupee cost averaging and compounding . 2. Can You Manage a Home Loan and SIP Together? The simple answer is YES , but it depend...

Silver has been valued for centuries, not just for its beauty but also for its diverse applications across various industries. While often overshadowed by gold, silver plays a crucial role in technology, medicine, energy, and manufacturing. Its unique properties of high conductivity, antimicrobial nature, and reflectivity makes it indispensable in numerous fields. 1. Industrial and Technological Uses Electronics Silver is the most conductive metal, making it essential in electronic circuits, semiconductors, and wiring. Smartphones, laptops, and televisions all rely on silver-based components for efficient performance. It is also used in high-quality audio and video connectors due to its low electrical resistance. Solar Energy The renewable energy sector depends heavily on silver, particularly in photovoltaic (solar) cells. Silver is a key element in converting sunlight into electricity, enhancing the efficiency of solar panels. As solar energy adoption grows, the demand for silve...

Investing in Wipro Limited (Wipro) in August 1996 has proven to be a lucrative decision, thanks to the company's consistent shareholder-friendly policies, including multiple bonus issues and stock splits. Let's delve into how an initial holding of 1,600 shares, valued at ₹1,000 in August 1996, would have evolved over time. Initial Investment: Date: August 1996 Number of Shares Purchased: 1,600 Total Investment Value: ₹1,000 Corporate Actions Since 1996: Wipro has undertaken several corporate actions that have significantly increased the number of shares held by investors: 1. Bonus Issue (October 20, 1997): Ratio: 3:1 (three additional shares for every one share held) Calculation: 1,600 shares × 3 = 4,800 bonus shares Total Shares Post-Bonus: 1,600 + 4,800 = 6,400 shares 2. Stock Split (September 27, 1999): Ratio: 5:1 (each share split into five) Calculation: 6,400 shares × 5 = 32,000 shares 3. Bonus Issue (June 25, 2004): Ratio: 3:1 Calculation: 32,000 shares × 3 = 96,0...

  Gold prices in India have been experiencing a significant surge, reaching record levels in early February 2025. As of February 6, 2025, the price of 24-carat gold in Delhi is ₹86,423 per 10 grams, reflecting a substantial increase from ₹84,213 just a day earlier. Several factors contribute to this upward trend: 1. Global Economic Uncertainty Ongoing global economic instability, driven by trade tensions and geopolitical conflicts, has led investors to seek refuge in safe-haven assets like gold. Recent developments, such as the U.S. imposing tariffs on countries including Canada, Mexico, and China, have heightened these uncertainties, prompting retaliatory measures and fueling concerns over global economic growth. 2. Central Bank Purchases Central banks worldwide have been significantly increasing their gold reserves. For instance, in 2024, central banks collectively purchased over 1,000 tonnes of gold for the third consecutive year, with nations such as Poland, India, ...

On February 1, 2025, India's Finance Minister Nirmala Sitharaman presented the Union Budget, introducing significant reforms aimed at stimulating economic growth, enhancing consumer spending, and promoting sustainable development. Key Highlights of the Union Budget 2025: 1. Personal Income Tax Reforms: To bolster the middle class and increase disposable income, the government has revised the income tax slabs under the new tax regime: Income up to ₹12 lakh: No tax liability. Standard Deduction: Increased to ₹75,000 from the previous ₹50,000. This means individuals earning up to ₹12.75 lakh annually will be exempt from income tax. For incomes above ₹12.75 lakh, the updated tax rates are as follows: These adjustments are anticipated to boost household consumption, savings, and investment. 2. Agricultural Initiatives: The budget places a strong emphasis on agriculture with the introduction of the Prime Minister Dhan-Dhaanya Krishi Yojana, targeting 100 districts and...