After an extensive search operation in the Maldives, the search for renowned Indian rally driver Hari Singh concluded without any success following a speedboat accident. His family held a final prayer ceremony in Chandigarh to honor Singh, also known as the “Gypsy King”, who...
Famous author Freida McFadden has surprised her fans by revealing her true identity as Sara Cohen. The renowned writer, known for her captivating psychological thrillers like "The Housemaid" and "Never Lie," has decided...
The inaugural Asian version of the renowned music event Eurovision is set to take place in Bangkok later this year. Organizers have confirmed the participation of at least 10 Asian countries including Thailand,...
Two friends start investing simultaneously by setting aside Rs 5,000 monthly each. One opts for a secure FD (fixed deposit) while the other chooses a SIP (Systematic Investment Plan) in mutual funds. After...
LG Energy Solution (LGES), a South Korean battery manufacturer, announced a projected first-quarter operating loss of 208 billion won (approximately $192 million CDN) due to decreased demand from electric vehicle (EV) manufacturers. This...
Two friends start investing simultaneously by setting aside Rs 5,000 monthly each. One opts for a secure FD (fixed deposit) while the other chooses a SIP (Systematic Investment Plan) in mutual funds. After five years, they compare their results to see who emerges as the winner.
The comparison is not as straightforward as it appears. According to Siddharth Maurya, Founder and MD of Vibhvangal Anukulakara Pvt Ltd, over a five-year period, a monthly SIP of Rs 5,000 in equity mutual funds can potentially grow to around Rs 3.8–4.2 lakh at returns of 10–12%. In contrast, an FD or RD may reach approximately Rs 3.4–3.6 lakh at returns of 6–7%.
Maurya explains...
After an extensive search operation in the Maldives, the search for renowned Indian rally driver Hari Singh concluded without any success following a speedboat...
A prominent economist, Jeffrey Sachs, has issued a grave warning regarding the safety of the most renowned cities in the Gulf region. Sachs cautioned...
