Traveling by Rail Gets Costlier with the Advent of the New Financial Year Traveling in the most prominent transport medium, the Railways, is now costlier, as hiked passenger fares and freight charges effective from today The Indian consumers have been a troubled lot in the recent times, and have faced the heat of the global… Read More »
Returns on investment options like PPF and NSC lowered, by interest rate cutting of 0.1% The government of India, amidst an environment of change and reform, has given the consumer another jolt, with the reduction of the interest rates for popular investment options and schemes. The interest rate for Public Provident Funds (PPF) and… Read More »
The UPA government has been on the ropes for a while, and justifiably so. The haphazard policy making and the weak leadership have put the government in a position, where radical reforms are the only way to proceed. One of the most talked about initiative, which has been in contention for quite some time now,… Read More »
The supreme monetary authority of India, seems to be shifting its focus to the revival of growth, and is taking steps in the relevant direction. It hasn’t been much time since the first cut of 0.25% in the repo rate was implemented, and the RBI is already contemplating another cut of the same proportion in… Read More »
Is the rate slashing mood of the apex organization fusing optimism in the current economic scenario? The Reserve Bank of India (RBI) has cut down the repo rate by 25 bps, which is completely in line with the expectations of the veterans in the financial circuit. The supreme monetary authority of the country sights… Read More »
Metropolitan cities in India are fast becoming a hub of industrial parks, high rises, residential complexes, sprawling malls and huge commercial complexes, which are gradually but steadily transforming their skyline. Commuting on the busy and packed streets of Delhi, Mumbai, Bangalore, Hyderabad, Kolkata or any other Tier I city, shows you brightly colored cranes, rubble,… Read More »
Timing is significant in financial planning especially when you are looking to earn a profit as you need to know when to take advantage of the increase in value. However, it’s equally important to be careful to avoid paying a huge amount as tax. Amit learned his lesson when he sold his house in Delhi… Read More »
Investing for your retirement may not be the most important thing on your mind when you start your career. For most people, investing may not even be on the priority list when they start their career. When you start your career, your saving capacity may not be much in absolute terms, as your salary itself… Read More »
Pranab and Bishwadeep both work in the same company, at the same level with the same salary. Yet, Bishwadeep is always relaxed and looks in control of his personal finances. If someone asked Pranab, what his net worth was or what the outstanding on his home loan was, he would give some off the cuff… Read More »
Quick-quiz. Match the place of residence given below to the following men. World’s Richest Man – Carlos Slim World’s Second Richest man – Bill Gates World’s Third richest man – Warren Buffet World’s Fourth richest man – Bernard Arnault Where do they stay? World’s Largest House World’s 2nd largest house World’s 3rd largest house World’s… Read More »