A recent Supreme Court judgment underlined the view that Streedhan is entirely the property of women. Even if she allows her husband to use it, he must give it back. In this week’s main story: Bindisha Sarang contours how women can protect their Streedhan and what legal remedies are available if the husband or his family try to usurp them.
The second piece, from Namrata Kohli, explores the benefits of tailoring and the role it can play in personalizing style and improving comfort. It highlights the range of bespoke services available, from traditional tailors to modern technology-driven startups.
Small cap funds are on fire. They have recorded a category average gain of 57.1 percent over the past year. Only a few sector/thematic fund categories (PSU and infrastructure) have performed better. If you are looking for an option from this category, checking out Morningstar’s assessment of the Franklin India Smaller Companies Fund, which has an 18-year track record.
If you are facing a short-term money crisis, consider taking out a personal loan. While it is convenient to take it from the bank you already have a relationship with, it may not be cost-effective. Check out the table from Paisabazaar.com to get it an overview of all available options.
NUMBER OF THE WEEK
$58,390: Bitcoin price
From $71,570 on April 8, the price of Bitcoin has fallen to $58,390, a decline of 18.4 percent.
Several factors have contributed to this decline. Chief among them is that long-term investors are booking profits after last year’s huge rise. Another factor is increased sales by miners to cover operating costs and take advantage of the current price.
The debut of exchange-traded funds in Hong Kong also failed to provide the expected tailwind.
Macroeconomic factors, such as the US Federal Reserve’s “higher, longer longer” stance on interest rates, have also contributed to investors’ bearish outlook. When interest rates are expected to remain high, interest-bearing instruments gain, while non-interest-bearing instruments lose.
Investors should only enter Bitcoin with a longer-term horizon of four years or more. Furthermore, they should only expose a limited portion of their portfolio (approximately 5-10 percent, depending on their risk appetite) to this highly volatile asset class. Financial experts say you should invest only the portion of your wealth in Bitcoin and other cryptocurrencies that you can afford to lose.
First print: May 03, 2024 | 7:29 am IST
