The average growth in the income of Indian households has not been at par with more than double the rise in prices of foods and other essential items in the last 20 years. Experts see inflation rising further with time, making many all but worried...
Read MoreYou Know the 7 Wonders of the World. Here is Number 8.
Let’s play a game. You are given two (hypothetical) investment choices and asked to choose any one. In the 1st choice, you invest Rs.1 today and get Rs.1 crore after one month. In the 2nd choice, you invest Rs.1 today and the amount doubles daily...
Read MoreTwo Wheeler Loan
Having a two-wheeler is still a dream of many individuals in India. Family responsibilities and other expenses obstruct an individual to buy a two-wheeler in cash. Therefore, many financial institutions have taken an initiative to give loans on...
Read MoreELSS vs Other Tax Saving Schemes – Which One Secures Your Future Best?
Financial planning for the future can be one heck of a task considering the numerous ups and downs that are parts and parcel of one’s life. Keeping in mind the unforeseen challenges ahead, you should look to keep money in financial instruments...
Read MoreSix Investing Mistakes You Should Avoid
There are different ways in which we save and invest for our goals. However, there are some common investment mistakes that we make while investing but realise them perhaps a bit late. Why not do a course correction if you notice these slips in your...
Read More#AskWhatELSS to Save Taxes
Vikram, age 30 years, is very meticulous when it comes to tax planning. He has a knack to study key income tax sections which could help him save as much tax as possible. He strongly believes in the proverb - A PENNY SAVED IS A PENNY EARNED. Being a...
Read MoreShould One Stop Investments in Mutual Fund SIPs in The Election Year?
Effect of Elections on SIP Returns For a lot of investors, the Indian equity market has been quite unexpected. The September came with the bad news as there was an 11.5% drop in 50-share Nifty. Others who have invested in mutual funds through...
Read MoreRBI Cuts Repo Rate by 25bps, Loan EMIs May Get Cheaper
Good news for the Indian economy as Reserve Bank of India’s Monetary Policy Committee (MPC) has announced a slash in the repo rate rate by 25 bps in its meeting held on October 4, 2019. With this cut, the repo rate is now down to 5.15% from the...
Read MoreDo you know how much money you need to retire?
How would it feel to live without a salary for 20-30 years? To be precise, that’s what retirement is all about! Financial concerns are the biggest roadblocks on the path of retirement for many Indians. A clear reason for this is that one may have...
Read MoreHow to Avoid Personal Loan Traps
Financial ups and downs are very common for every person and no one can claim that they never faced such situations. May it be the richest person in the country or the top financial institution, everybody had to face such situations now or then when...
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