This section will contain all general and other articles
Plastic money offers a number of benefits to the consumers. Earlier considered as a privilege of the affluent few, it has now become a form of currency accessible by one and all. Available through several banks in the country with a minimal joining fee, a credit card has lent a practical approach to work around […]
India is on a growth trajectory, and as per a report from Boston Consulting Group (BCG), India is set to become the third largest consumer economy by 2025, trailing behind US and China. One of the factors that have triggered this growth is the widespread penetration of technology, changes in consumption behaviour, etc. Irrespective of […]
Mandar and Rati Sharma are the talk of the town. To celebrate their 40 years of marriage, Mr. and Mrs. Sharma went to London in December 2017, a cherished dream they had since the early days of their marriage. What was out of the ordinary, and what piqued the interest of neighbours, was the fact […]
Evolution is pervasive and never-ending. There were times when vendors only had to bother about the right item in the right quantity to be able to sell profitably. With the changing times, sales became more and more challenging due to increasing competition in terms of quantity as well as the quality of sellers. Vendors have […]
Small but regular investments have been the most reliable mode of savings since decades. As a kid, you may have put away the small change in your piggy bank as frequently as possible. As a grown-up it is recommended you continue the same habit. The challenge, however, is, putting small change aside in a piggy […]
Equity investments are one of the most lucrative long-term investment options available in the market. However, they are highly risky as prices tend to remain very volatile. Like any other financial instrument, stock market investing aims to earn returns by buying at lower prices and selling when the prices rise. However, unlike commodities, you cannot […]
You often hear people say that it is the journey, not the destination that matters. And the journey to your destination is always sweeter if you are travelling in your dream car. But, a dream car shouldn’t remain a dream if you plan your finances aptly. Let’s see how: The journey routes for buying a […]
Are you planning to get a credit card? Or have you already got one, but have no idea what to do with it? You have come to the right place. So let’s start with the basics. Credit cards have been around for a long time and they are a very convenient means to make payment. […]
India is perceived as the most exciting market by major brands and global conglomerates. Whether it’s for shopping, education, or employment opportunities; the country and its people present a promising picture. As the country grows, so do the aspirations of its people. Changing aspirations now include pursuing higher education from an institute of global repute, […]
Demonetisation: Push towards digital banking On 8th November 2016, Prime Minister Narendra Modi’s Government announced demonetisation decision. In one stroke it was declared that 86% of the country’s currency (Rs. 500 and Rs. 1000 notes) will no longer be valid legal tender. To banks and other financial services companies who were promoting digital transactions; this […]
Easy money is never easy to get your hands on, or else everyone would be rolling in cash at all times. However, with good fiscal responsibility, history of being able to repay a loan taken earlier and other documents in place, you could get easy money in the form of a personal loan to meet […]
As per the new RBI rule, all the credit bureaus of India including CIBIL, Highmark, Experian, etc. have to provide one free credit report per individual per year. Although the credit users are free to get additional credit reports afterwards, they will have to pay the applicable charges set by the credit bureaus. Now, what […]
On April 1, 2016, many Indian companies began phasing out older accounting standards known as Indian Generally Applied Accounting Principles (GAAP) in favour of Indian Accounting Standards (Ind AS), which are more closely aligned with International Financial Reporting Standards. The move is meant to make global comparisons easier and improve transparency and disclosures, thereby boosting […]
In this article, we explore i2ifunding, a P2P online lending platform through which you can give loans to individual borrowers just like what banks / NBFCs do. Lack of investment options If you are looking to invest Rs. 50,000 – Rs. 1,00,000 (spread over the next few months), let us explore the investment options that you have: […]
Developing a financial plan is an important aspect of every business. Such a plan helps enterprises determine their financial position. It also helps businesses ascertain if they have sufficient capital for daily operations and other activities like growth and expansion. In case firms do not have sufficient cash inflow by means of revenue, they may […]
The smartphone revolution that has been sweeping India has made sure that people do everything on their mobile. This includes activities like shopping, booking tickets etc. to making financial transactions related to banking, share trading, mutual funds, insurance etc. So keeping in mind that the customer wants access to everything, including banking, on his / […]
A home or auto loan won’t be of any use if you are in urgent need of money to tide over a general financial emergency. You cannot use the money sanctioned towards a home or a car for any other purpose. Further, the lengthy formalities involved in these loans make them unsuitable for those in […]
Would you like to earn additional cashback on your online transactions? The additional cashback is over and above the discount / cashback / rewards offered to you by the merchant website / bank / credit card / wallet company etc. If your answer is yes, then Cashkaro is the place to be. The above unbelieveable […]
Claim Settlement Ratio for Life Insurance Companies for 2013-14 Click here to read about latest claim settlement ratio for 2013-14 ___________________________________________________________________ For people looking to buy a term insurance plan, annual premium charged for the term plan and claim settlement ratio of the life insurance company are two very important considerations apart from other important […]
Introduction Few months back while surfing the internet I came across an advertisement that claimed to recharge my mobile free of cost. I was surprised as well as curious to know how that could be possible. I clicked on the ad and was taken to a website www.freecharge.in. On having a detailed look at the […]