Buying a car online can actually lead to savings of 20-25 per cent. How? There is a dealer margin of five per cent. Then, there are transportation, warehousing and other costs that add up to this significant percentage.
Mumbai resident Girish Gokhale's father would often say his two sons were his savings for the post-retirement days. To that end, the senior Gokhale, a government servant, spent his life's savings on his sons' education.
With all top banks easing the entry barrier for the retail investor through aggressive stock splits, buying the stock of a good bank has become easier. State Bank of India (SBI) announced 1:10 stock split on Wednesday.
Buying a Larsen & Toubro (L&T) share would cost Rs 1,496 — expensive. But if one gets L&T, ITC, Axis Bank and some blue-chip public sector stocks in an exchange-traded fund (ETF), many would be interested.
Since January 2013, when the decision was taken to gradually loosen the control on diesel prices, the latter have been raised every month by up to 50 paise a litre. So far, the price has cumulatively risen by Rs 11.81 a litre in 19 instalments.