ManipalCigna ProHealth Prime Insurance: Details & Review
Finance

ManipalCigna ProHealth Prime Insurance: Details & Review

We all have been weathered by this harsh world in ways we did not deserve. We all have been scathed to the extent where we found it almost impossible to jump back to normal. We all have been bathed in miseries that seemed to have no ends.  While we call this ‘life’, there are some things, people and tools that could aid you to go on with this ‘life’ a little smoother and unruffled. 

Continue Reading about 20 days ago
BYJU
Startups

BYJU's scammy past and all its acquisitions

We are talking about India’s most-valued startup, its value pegged at $22 billion as of December 2021. BYJU’s has risen to the top, and has been dragged through the mud, all so that it could rule the ed-tech domain in India. 

Continue Reading about 22 days ago
What is a Spooksafe Insurance?
Finance

What is a Spooksafe Insurance?

This is going to sound like a little girl’s made-up fantasy, but believe me you, it is very much a reality. Do you think it is weird that Virat Kohli insured his beard, Amitabh Bachhan his voice, John Abraham his bottoms? Don’t they seem a little too paranoid to be insuring body parts like that? As bizarre as it may sound, a lot of people insure the strangest of things. But we have a winner here. Spooksafe insurance policies. 

Continue Reading about 27 days ago
How Does the Government Control Inflation?
Economy

How Does the Government Control Inflation?

A group of robbers entered the minting unit of a country. There were many people inside the unit. The group held all of them hostage. They stayed there for days and started printing money. They printed thousands of currency notes; then millions, then billions. Finally, they stopped at €2.4 billion. And escaped.

Continue Reading about 1 months ago
What are T2T stocks?
Stock Market Concepts

What are T2T stocks?

Have you ever purchased something on Amazon just to discover that it is not what you expected? Only to discover later that it cannot be returned and that you are stuck with it. What if the same thing happened to the stocks you purchased? What if you discover that if you buy a certain segment of shares, you won't be able to square your position in them unless you meet certain conditions, even if the transaction results in a big loss for you?

Continue Reading about 1 months ago
Understanding Tax Havens
Taxes

Understanding Tax Havens

The story goes that the Swiss bankers had invented secret banks to protect the assets of Jews from the Nazis. But in reality, they were invented to protect the bankers from prosecution by other states. This was among the first instances of ‘safe havens’ for people with special monetary needs. 

Continue Reading about 1 months ago
Top 5 Stock Exchanges In The World
Invest

Top 5 Stock Exchanges In The World

We as consumers have gone global for our everyday needs, the smallest things we use come from different countries, from the food we eat to the utensils that we cook that in, everything is made by companies located beyond geographical boundaries.

Continue Reading about 1 months ago
Sri Lanka
Finance

Sri Lanka's Economic Crisis and How it all began?

Our neighbour is bleeding. Poor governance, corruption and a lot of foreign debt. The story of Sri Lanka is heart wrenching, unsettling and disruptive. Sri Lanka’s annual inflation was at 18.5% in March 2022.  What is the country’s condition today, and how did it reach such a diminutive state? We shall find out today.  As distressing as the below facts are going to be, this is the truth of a country that has fallen into a debt trap, or should we say debt-trap diplomacy (if you know what I mean!)? And now, it is the people who suffer. While you read this from the comfort of your air-conditioned room, people in Sri Lanka stand in queues that extend 2-3 km long for food and fuel. 

Continue Reading about 1 months ago
What is debt trap and how to escape it?
Finance

What is debt trap and how to escape it?

Ah! This is a painful subject to talk about, for those who have suffered through this, know of its real expense on one’s financial resources. The day that my first credit card arrived at my doorstep, I was ecstatic. The limit was ₹1,00,000, and my monthly expenses would be covered in a fraction of this amount. I had A LOT of money to finally buy things I never could and so I went on a shopping spree. I just kept paying the minimum amount due (MAD).  This continued for a few months, and the interest kept accruing. I did not pay much heed to that, and little did I know how much would the amount add up to after interests. 

Continue Reading about 1 months ago
What is Decentralization in Blockchain?
Finance

What is Decentralization in Blockchain?

Decentralization is a term we all have heard of very early in our life. Little did we know the meaning of it back then. Today, decentralisation is a concept that works the complete Web 3.0 technology like the blockchain.

Continue Reading about 1 months ago
Best Credit Cards in India for 2022
Finance

Best Credit Cards in India for 2022

There are 7.9 billion people in the world with 7.9 billion different sets of wants and needs. While there aren’t enough credit cards to satisfy each person’s tailored needs, there are enough to choose from that could be pretty satisfactory. 

Continue Reading about 1 months ago
What is black money and how does it work?
Finance

What is black money and how does it work?

What do we talk about when we talk about black money and money laundering? Well, in India, it has to start with Vijay Mallya, Kingfisher and then gradually move on to Nirav Modi and his uncle, Mehul Choksi. “With all the kaala dhan they must have stashed in the Swiss Banks, at least 3 of their generations wouldn't have to do any labour!” - being the hackneyed dialogue. 

Continue Reading about 1 months ago
 What is BTST Trade?
Stock Market Concepts

What is BTST Trade?

In the world of the stock exchange, there are some terms that should be in our memory like answering “yes, Papa” to “Johny Johny”. Of the list of those many terms, the words ‘transaction date’ and ‘settlement date’ hold importance for us today.

Continue Reading about 1 months ago
Health Insurance Claim Process: Reimbursement & Emergency
Finance

Health Insurance Claim Process: Reimbursement & Emergency

A health insurance claim, also sometimes called medical insurance claim, is a plea application made by the policyholder or the insured for reimbursement of expenses that were incurred for the treatment of an incident covered in the policy.

Continue Reading about 2 months ago
What is Demand Pull Inflation?
Economy

What is Demand Pull Inflation?

Today’s blog might come off as an Economics class for you, so beware! For here lie the secrets that work the economies of countries. 

Continue Reading about 2 months ago
Top 5 mutual funds in India for 2022
Mutual fund

Top 5 mutual funds in India for 2022

Mutual funds are without a doubt, an investment opportunity if you want to play safe, and want to have a diversified portfolio. While choosing a mutual fund to invest in is easier compared to picking a stock out of thousands of listed companies, it still is a tedious job to select one that fulfils all your financial goals. 

Continue Reading about 2 months ago
Louis Vuitton: The origin and the takeover story!
Success Stories

Louis Vuitton: The origin and the takeover story!

It’s Loo-ee Vuh-tawn. Not Lou-iss Vuii-tton. The number one luxury brand in the world, under the mega-conglomerate LVMH, is valued at 329 billion US dollars as of 2021. The owner of this brand is the third richest person standing on the face of the Earth today, with a net worth of 188.6 billion US dollars. Do you know how big that number is? Ambani’s net worth as of March 2022 is 89.7 billion US dollars, so Mr Louis Vuitton CEO is double the worth of Ambani.  So the next time you wanna ask someone, “Ambani hai kya?” instead ask them, “Arnault hai kya” and show off that you know what their real worth is! 

Continue Reading about 2 months ago
Top 5 Thematic Funds to explore
Mutual fund

Top 5 Thematic Funds to explore

If our portfolio has stocks of Reliance, HDFC, Wipro, Tata etc., we are basically betting on Ambani, Aditya Puri (retired, but still), Azim Premji, and Murthy, respectively. Our risk is evenly distributed and you can very easily guess why. All of these companies operate in different sectors and are mostly, not influenced by one another. 

Continue Reading about 2 months ago