Given the widespread outbreak of the coronavirus (COVID-19) around the world, radical actions are being taken by the governments and authorities. Country lockdown owing to this pandemic has caused widespread impacts on employment, supply chains, capital markets and more. It is now a necessity for the businesses to take actions. This is required to mitigate risks, tackle immediate priorities...
Protecting your assets and your loved ones has always been the first priority when one starts to plan their finances. The first step should be the protection of wealth and then the accumulation of the same. It is vital to realise how important it is to have a WILL.
In India, majority of people think that they are immune to any unfortunate event. Ask those who have suffered. We have...
Governor Shaktikanta Das had announced a 3 months moratorium on retail loans during a monetary policy presser along with the massive rate cuts to give some relief to the borrowers in this global pandemic crisis. But immediately after this announcement, the borrowers were puzzled as to how will it impact their EMIs and what should they ideally do?
In this article we will try to provide you...
RBI Governor, Shaktikanta Das made certain announcements today, 27th March 2020, in his presser. Everyone was expecting a rate cut and the same was disclosed but what came as a surprise that the rate cut which happened made the key indicators at its lowest in our history. The key indicators post the much-awaited rate cut are at the following levels:
IndicatorCurrent RateRate cutRepo...
Do you think just putting money in some investment products and getting income tax exemption is the meaning of financial planning? I am sure, many people around you actually think this is all about it.
When I got my first salary, I started getting advice from my father and relatives to start investing money in small portions. In fact, many of my friends even started suggesting me some...
Earning income is not enough, investing and rerouting such money is most important. New professionals are mostly in the range of 20s. This is just the beginning of personal finance and if better financial planning is carried out at this phase, it would yield amazing results. This article will show how the young professionals who have just started their careers, should handle their personal...
We often learn by hard truths. That is to say, we learn by facing obstacles. The latest nerve raking demonetisation issue has already taken a big toll on the lives of Indians. If people ever did not think of planning their financial needs and goals, this time around they are seriously doing it in time.
Financial planning is all about considering your future income against your expenses...
Union Finance Minister Nirmala Sitharaman addresses the concerns over the on-going economic slowdown in the country after Moody’s Investors Service reduced India’s GDP growth rate to 6.2 % from the previous estimation of 6.8%.
The intent to announce a slew of measures to revive growth in the economy was to understand the concerns of the industry and help the sinking economy.
The FM gave...
Our finance is as precious to us as our children and health and maybe that is why we wish to confer the same in reliable hands. In many cases, people like to take the final call regarding financial matters by themselves. Otherwise, a financial planner can serve him by ensuring the best possible utilisation of the hard-earned money. The crucial process of financial planning can take you a step...
We all have certain goals in life, things we wish to achieve, cars we wish to buy, countries we wish to visit. Inflow comes in form of earning from a regular 9-to-5 job, business or other sources. But seldom are we able to attain our goals in spite of having adequate financial resources. The main reason behind this lacuna is the inadequacy of financial planning which otherwise...