Category : Financial Insights
Inflation can significantly impact personal finances, such as reduced purchasing power and reduced ability to get credit. Read on to have a detailed understanding of the impact of inflation on personal finance and how you can manage it.
Category : Financial Insights
Stay alert, identity theft is on the rise! Thats why protecting your identity is more crucial than ever. Read on to understand what identity theft is and how to protect yourself from it. Scroll down!
Category : Financial Insights
Janmashtami, an auspicious day in the Hindu culture, marks the birth of Lord Shri Krishna. As we celebrate Krishna Janmotsav, let us take a moment to enlighten ourselves with the great wisdom of Lord Krishna.
Category : Financial Insights
As we celebrate Janmashtami, the birth of Lord Krishna, it is the right time to reflect on the profound wisdom found in the Bhagwat Gita.
Category : Financial Insights
A debt trap occurs when a borrower is forced to avail new loans just to pay off existing loan. It happens when the amount of debt becomes too much to handle based on ones ability to repay.
Category : Financial Insights
A 2023 survey with 500 working women across all age groups and incomes found that only 35% were financially literate. Unfortunately, most women still lack confidence when it comes to making financial decisions on their own. Given women’s contribution to India’s growing economy, it is essential to empower them through financial literacy. This blog lists the importance of financial literacy for women and ways to become financially educated. Read on!
Category : Financial Insights
When faced with temporary financial needs, you often explore short-term financing options like overdrafts and cash credit facilities. While both offer quick access to funds, they differ in key aspects, influencing the suitability for customers. Understanding these differences is crucial for making informed financial decisions. Continue reading to have a comprehensive idea about the differences between overdraft and cash credit.
Category : Financial Insights
A consumer credit report is a document that contains an individuals credit history, including information about their borrowing and repayment habits. It is generated by credit bureaus, which collect data from various sources such as lenders, creditors, and public records.
Category : Financial Insights
Did you know you might be paying interest on a loan before your first official payment is due? This unexpected cost is called broken period interest. Read on to know what this type of interest is, how it applies to a Personal Loan, and how to avoid any surprises when taking out a loan.
Category : Financial Insights
Trading businesses offer several opportunities. They provide minimal overhead, extensive supplier relationships, and excellent growth potential. Whether you possess a passion for a specific product category or simply have a keen eye for spotting profitable trends, there are many trading opportunities waiting to be explored. Here’s a list of the top 35 trading business ideas for 2024. Read on!
Category : Financial Insights
1st May is observed as International Labour Day globally every year. On this day, businesses and modern society celebrate the dignity of labour. This is part of the eight-hour day movement, which originated from the demand for a balanced allocation of time: eight hours for work, eight hours for rest, and eight hours for recreation.
Category : Financial Insights
Small and medium-sized businesses often struggle to obtain loans from traditional financial institutions. Recognising the importance of these enterprises in driving economic growth, the government offers assistance to help them thrive. One such program is the Pradhan Mantri MUDRA Yojana (PMMY), which provides credit facilities to micro and small enterprises.