The best way to save money for the future is to protect the yield on the amount in a bank savings account, as interest rates have started to fall. Best plan to save money for future Although deposit investment is safe, one should keep an eye on the interest rate trend. Similarly, one should also … Read more
Stock market crash lessons to learn, An analysis of the reasons for the decline in the Indian stock market and the challenges ahead. What lessons can investors learn from the crash? Although the trend of the stock market has been volatile, the Indian stock market has recently experienced a decline that has not been seen … Read more
Which scheme is best for investment in India Is there any limit on how much money can be deposited in a bank as a fixed deposit? What is the limit of fixed deposit? No. Banks are happy no matter how much you deposit. If the interest earned on the deposit exceeds a certain amount, you … Read more
While market downturns can be unsettling, they also teach new lesson young investors important lessons. There has been a significant shift in the approach of Indian investors in recent times. What beginner investors should know While traditional investments like fixed deposits have been increasingly sought after, investment opportunities including equity and mutual funds are also … Read more
The importance of credit score as one of the factors that determines an individual’s creditworthiness is widely known. Therefore, it is necessary to know the factors that affect credit score and focus on correcting them. what affects your credit score, the most This list includes paying bills on time, not missing monthly payments, and using … Read more
Mumbai, The Reserve Bank of India has instructed banks not to freeze bank accounts from which pension and government subsidies are received, for any reason. Speaking to the directors of private banks in this regard, RBI Deputy Governor Swaminathan said, It is necessary to obtain the Know Your Customer (KYC) procedure. Bank accounts from which … Read more
Financial planning is the planning of financial matters in advance. Financial planning helps ensure future financial security. A well-crafted financial plan helps you achieve long-term goals and weather unexpected crises. Also, it guides to control costs and maximize savings. Here are the key features and ways to best carry out financial planning that will guide … Read more
Is a maturing investment suitable for reinvestment, When the investment matures it should be decided properly whether to withdraw or reinvest the amount. Why is Reinvestment Necessary? The investments we make have different maturities. Generally, when the investment matures, the amount can be drawn as per requirement. However, sometimes you may not know what to … Read more
New rules have been announced by the Pension Regulatory Commission for early partial withdrawal of the National Pension Scheme members. What are the new rules for NPS in 2024? ‘Members may take partial withdrawal from the National Pension Scheme subject to conditions. According to a recent circular issued by the Pension Regulatory Authority, members can … Read more
What are the strategies to invest in gold, A detailed explanation of the factors that determine gold price trends and investment What is the best strategy for gold investors Like last year, gold price trend is expected to be upward this year too. Factors including the weak trend of the US dollar, the interest rate … Read more