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The Six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) revealed the fourth bi-monthly policy review on Friday. The RBI slashed the repo rate, also knowns as the short-term lending rate, by 25 basis points (0.25%) for…
How many of us raise our hands to the fact that despite earning hand/pocket/account full of income are surrounded and overpowered by financial insecurities? Majority of us would answer this in a yes without a doubt. Have you ever stopped…
Planning finances has been amongst the top rated ‘toughest jobs’ of all times. People ignore till the last moment planning their finances and then lightning struck and it all gets burned. Before any such extreme situation arises, it…
WHAT IS ARN CODE? ARN stands for AMFI Registration Number which refers to a unique code given to every mutual fund seller, broker, agent or intermediary. The intermediary party has to abide by all the terms and conditions as…
Post offices after banks are the most trusted institutions in India as far as savings are concerned. Additionally, they offer better interest rates to customers and guaranteed returns as well. So if you are a typical Indian investor who is…
There would rarely be any person who does not know about FRIENDS. Be it the “How’ya doing?” or the famous phoebe’s music, there are so many things FRIENDS has legendary to itself. Plus, there would so many hands-raise to the…
“The future depends on what you do today” is one of the famous and most appropriate sayings by the Father of the Nation- Mahatma Gandhi. Since it is the time, we are set to celebrate Father’s Day, it is imperative…
The Indian Markets in July 2019 faced the hardest fall in 17 years with both major benchmark indices Sensex and Nifty falling 4.86% and 5.68% respectively. In 2002, the Sensex dropped close to 8% whereas the Nifty had fallen nearly…
After we discussed about the rule of 72 , here we are with the next investment rule, the rule of 15*15*15. While the rule of 72 tells you how long it will take you to reach your target corpus,…
Goal setting is a crucial part of budgeting and personal finance. It not only eases the investment but also makes it easy to track the financial progress. The goals can be viewed as financial needs which then can be accomplished…
