Liquid funds invest in money market instruments. Money market is a market for short term borrowing and lending. This market deals with debt instruments such as certificate of deposits, commercial paper and treasury bills.
Government of India has outlined a plan to spend $1 trillion in next 10 years on infrastructure development. This development is needed because infrastructure needs to support and sustain the projected growth rate of Indian economy for next few decades. To fund this initiative, the Government is trying to tap the various sources at its… Read More »
Investing in art is a good method for diversification. Since art prices do not depend on other possible components of a portfolio, they act as a cushion when other markets are not doing well. The aesthetic pleasure of viewing a great piece of art is a great advantage.
Gold has over the years proved its worth not just in terms of jewellery but also in terms of investment. Considering the run for the metal in the last decade the annualised return on the investment was over 19.5% on an average for each year. Today like most of the commodities even the gold prices… Read More »
Applying for credit cards online is not something new and we all know that many banks are offering the facility through their websites. A new twist to this is the AIP facility launched exclusively for credit cards, which has recently been introduced in India. It is getting widely accepted and found to be a very… Read More »
Any monies that you receive from your company for the purpose of travel to any place in India along with your family for the purpose of leave. The claim can be made two times in a bucket of 4 years. Family includes Wife and children and also parents, brothers or sisters if they are dependent… Read More »
A lease through the company is helpful especially in cases where employees, for short durations, are required to work from offices located in different cities or work from client’s workplace. Employees are benefited with a ready accommodation in new destinations and it helps them settle down faster in the new place. The company is also… Read More »
A pre approved personal/home/car loan is usually offered by banks to people who have a clean track record of loan repayment history, like in my case. You get it even if you had pre closed your earlier loan amount. Some banks pre approve a loan to its own customers even if they had not… Read More »
Can you live with Rs 32 a day in Indian cities? This is what everyone is asking after planning commission came up with this figure in its revised estimate to calculate BPL (Below Poverty Line) parameter. What about living with Rs 26 a day in Indian villages? Impossible, you say. That’s the whole debate that… Read More »
Never exceeding 40% of your credit limit has a very beneficial effect on your credit score. This shows your credit limit is high but you have not burnt it up and have plenty in reserve. This logic helps you attain a much higher credit score. This is the same logic that suggests you should not… Read More »