Tag Archives: msn

Understanding ‘Systematic Investment Plan’ (SIP)!

A Systematic Investment Plan (SIP) is a method which allows investors to invest a certain amount of money in a Mutual Fund over a period of time. Let’s read more about it to find out how it works.

Avoiding prepayment penalty on home loans!

The prepayment penalty that is applicable when the borrower decides to pay back in advance a portion of the home loan in order to reduce the interest burden in the long run is a matter concern in all home loans. The banks stand to lose their earning in terms of interest on the borrowed capital… Read More »

RBI might cut repo rate to a 3-year low!!

The May review may see the Repo Rate hitting a three year low, as the apex organization for monetary policies, the RBI, is expected to bring it down for third time in the year The Reserve Bank of India realizes the need to support the various economic activities, so as to help them sustain in… Read More »

Impact of falling gold prices on retail individuals!

Over the past decade, both the demand and the price of gold have been on an increasing trend across the world. This belief in gold as a safe haven increased post the global financial meltdown in 2008. The yellow metal has been considered as a safe asset having stable value which is immune to inflation.… Read More »

Lack of clarity in service tax increase!

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 »