Finance Companies Face Reduced Margins Because of Steep Decline in Gold Prices The companies offering finance options such as Gold Loans, are witnessing reduced collateral as a result of the dramatic reduction in the pricing of the precious metal A lot of the top financial companies have jumped into the gold loan segment in the… Read More »
Rate Cuts Now a Realistic Possibility, Due to Decline in Inflation and Commodity Prices The subsiding inflation levels and the significant reduction in commodity prices, has raised the chances of a rate cut by the RBI significantly, improving the market sentiment The inflation levels have finally come down below 6%, which is its lowest in… Read More »
Prepaying a loan when there is some amount of additional funds at hand is a good idea but it does require one to carefully analyze the implications in terms of interest saved and opportunity missed. The basis of any such calculation should be what are the short term as well as long term consequences of… Read More »
Once while chatting up with a friend over tea and hot pakoras, the talk moved towards how expenses have shot up and how difficult it was getting to manage our family budgets. My friend just shrugged and said, “Well, those are concerns of my wife. After all, she is the finance minister of the house”.
Remember it is not a wise thing to keep applying for a loan without any rhyme or reason. If your loan application gets rejected, this is also recorded in your CIBIL record. So weigh the pros and cons before you apply for a loan simultaneously to different banks. Wait till you receive an offer before… Read More »
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… Read More »
H1B Visas could be granted using a Lottery Scheme-An End User’s Perspective The much sought after H1B visas, could for the first time in almost five years, be granted through a lottery system The most powerful economy in the world has been surrounded by skepticism in the recent past. With the USA, being the epicenter… Read More »
Lack of Clarification on the Increased Service Tax, Adversely Affecting the Budget of the Consumer The increase in the service tax proposed in the Union Budget, has taken a rather ambiguous path, leaving the restaurant industry in a fix The Union Budget was a mixed bag, consisting of some very wise moves and a… Read More »
The Central Government Considering Special Packages for Backward States, Aimed at the benefit of the Masses As the summer 2014 polls near, the UPA government is aggressively pushing for reforms and taking steps, which could contribute to its popularity. One move that could make a difference is being contemplated at the moment. The center… Read More »
No More Second String Services to the Masses of India- Apple to Scale Up Operations in India, with a Higher Number of Exclusive Stores The Indian consumer has always felt a little underprivileged, when it comes to services rendered by the global technology giant, Apple. Apple Inc. is known to set performance and aesthetic benchmarks… Read More »