With online retailers like Amazon, Flipkart and Snapdeal making all the news, local retailers are worried about of losing customers and gradually deteriorating figures. The fall out between local retailers and online e-commerce websites which had been brewing for a long time eventually came to a showdown after local retailers officially complained to the government… Read More »
Mohan recently started working with a multinational FMCG company after completing his management degree. Always striving to be independent and a self sustained individual, Mohan wanted to start investing for his future needs without relying too much on his family. Mohan wanted to invest some part of his earnings for his weddings related expenses as… Read More »
Everyone likes to enjoy the advantage of saving a little extra. The importance of savings gets even more prominent with today’s rising inflation and increased day to day expenses. Various financial and non financial companies understand the significance of savings and offer customers increased savings in case they use their services and products. Customers using… Read More »
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 »
Buying a car is always a reason to cheer. The cheer is a tad louder when it is the first car. Apart from the thrill of being able to finally own and drive a car, the buyer has a lot of questions rushing through his or her head. While everyone has their own unique reasons… 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 »