A popular Television advertisement of a private bank with the slogan ‘six is great than four’ may not have faded from public memory but the USP of high interest rates could well be a thing of the past. Few private banks that were attracting users with high interest rates for savings account are slowly on… Read More »
The blossoming of credit card industry has made it possible for banks and credit card companies to come up with dedicated card schemes for its customers. Travel centric credit cards are one such popular travel oriented credit card scheme where banks or credit card companies collaborate with various airlines and hotels to offer discounts of… Read More »
If you are one of those Indian expatriate sending money or remittance to your relatives or clients in India through Indian money transfer agencies or banks, you may have to pay an extra transfer fee very soon as the government of India has decided to reintroduce service tax on all inward remittances. The reintroduction of… Read More »
The Reserve Bank of India in its latest monthly financial bulletin has revealed that loans against shares, advances and other securities have been on a constant upswing in the last couple of months. With the stocks markets entering into what many financial experts believe to be a long bull run, financial securities are being… Read More »
The government of India made two important energy related decisions as they finally mustered enough courage to bite the bullet on delinking diesel prices. In the second significant decision, the government has decided to increase the price for natural gas which is likely to impact the retail inflation in the coming weeks. Inflation has been… Read More »
The festive season has come a few days in advance for the vast majority of the Indian population as the government is working on a proposal to amend the Payments of Bonus Act of 1965. The new proposal when confirmed would effectively mean a large number of employees would be eligible for an annual… Read More »
A honeymoon tour is a memorable trip for all newly wedded. From exploring the large number of domestic attractions to exotic international tours, honeymoon plans must be drafted as per the personal likes and dislikes of the couple. In this day and age of the working couple not many couples have the luxury of a… Read More »
Our aspirations are different at different stages of life. However, saving for the sunset years of one’s life should be a top priority for everyone. During different stages of our life we have different financial status, responsibilities, challenges as well as goals. Our approach for retirement saving at various stages of our life will be… Read More »
Gone are the days when you could issue a cheque with least regard to the balance in your account or other details like your signature etc. Dishonor of cheques issued by a payer is offence under the law. Among many reasons under which, a cheque could be dishonored like mismatch in signature, or date… Read More »
Financial logic normally takes a back seat during this time but if you work with a little bit of prudence, there will be lesser reasons to mourn once the party gets over. Some of them are done-to-death financial clichés but if you keep them in mind, they can really help cushion that blow to your… Read More »