What is a Recurring Deposit and How to Calculate its Returns?
Finance

What is a Recurring Deposit and How to Calculate its Returns?

In the era of stocks and cryptos, depositing in banks might be termed as ‘old school’. But old is gold for most of us, isn't it?  And for the majority, it is the major medium for savings, especially in India. If you don’t believe us, let the numbers speak.

Continue Reading about 20 days ago
Clean Science and Technology Ltd- IPO
Finance

Clean Science and Technology Ltd- IPO

Specialty chemicals are interesting. From personal care to pharmaceuticals, they have industry-wide applications, which is why you can say this industry won’t ever be out of business! 

Continue Reading about 25 days ago
What is Overdraft Facility in Banks?
Finance

What is Overdraft Facility in Banks?

What if the ATM kept raining cash? What if you could withdraw more than you have in the bank? As cool as it sounds, it’s not impossible. And they name it - ‘Overdraft’.

Continue Reading about 1 months ago
NISM Certification: The Guide to Kickstart Your Finance Career
Finance

NISM Certification: The Guide to Kickstart Your Finance Career

Do you spend hours searching for finance courses on Udemy and Coursera? Are you worried about the value of the course in your professional life? If yes, then NISM certification courses are the best option to start your finance career.

Continue Reading about 3 months ago
Private Equity vs Venture Capital: What
Finance

Private Equity vs Venture Capital: What's the difference?

The majority of you would have noticed the IPO rally in recent months. But going public is not as easy as you think. Firstly, it takes time. Secondly, companies have to comply with various laws, which make it all the more cumbersome. For startups eyeing to make their baby steps into the markets, it may to be an exactly viable solution. However, they may not have all the funds required to finance their startup either!

Continue Reading about 3 months ago
What is Gratuity? And how to calculate It?
Finance

What is Gratuity? And how to calculate It?

The job market has witnessed a shift from being employer-oriented to employee-oriented. This means, previously, the employer had the upper hand in deciding all aspects of employment, including salary, work culture, perks, working hours etc. The employee had to give in.

Continue Reading about 3 months ago
The Actual Cost of No-cost EMIs
Finance

The Actual Cost of No-cost EMIs

“There are no free lunches in the market” The quote says it all! Doesn't it feel odd when we see the phrase "NO COST EMI"? Is something like this really possible? Why would someone distribute free money in the market like this? Eh? take a deep breath because soon you are going to find out the hidden truth. Let us dig deeper into this topic.

Continue Reading about 3 months ago
Voluntary Providend Fund: Whether to opt in or opt out?
Finance

Voluntary Providend Fund: Whether to opt in or opt out?

Employees' provident fund, or commonly known as a provident fund, is a mandatory retirement savings avenue managed by the government. It is a statutory body established by the Employees' Provident Fund and Miscellaneous Provisions Act, 1952 and is under the administrative control of the Ministry of Labour and Employment, Government of India.

Continue Reading about 3 months ago
Money Moves: New Financial Year, New Beginnings
Finance

Money Moves: New Financial Year, New Beginnings

All of you would agree that 2020 was the toughest and one of its kind. There was massive unemployment, pay cuts, shutting the business, and the troubles faced by migrant labourers. The stock market went wild. And all of this happened because a person ate a bat!

Continue Reading about 3 months ago
The Archegos Capital fiasco: Leverage gone wrong
Finance

The Archegos Capital fiasco: Leverage gone wrong

Archegos Capital is making headlines, not for good reasons, though! But what's the matter exactly? Why is everyone talking about this? No idea? Well, read on to know.

Continue Reading about 4 months ago
What is Marginal Cost?
Finance

What is Marginal Cost?

Do you know how a company decides the quantity of output it should produce? No? Well, the answer is marginal cost. In this article, let's understand what marginal cost is. And why is it essential for a company?

Continue Reading about 4 months ago
Best Financial Strategies for Personal Finance
Finance

Best Financial Strategies for Personal Finance

Did you know that the unemployment rate rose to a whopping 20% during Covid-19? This massive unemployment made migrants return to their villages. Also, the employed folks had a tough time managing their finances. Had they known about personal Finance, probably they could have sailed through the storm smoothly.

Continue Reading about 4 months ago
Understanding Cost of Capital
Finance

Understanding Cost of Capital

It is the fundamental principle that "Higher the risk, higher the returns." That is from the view of investors. For a business, it is "Higher the risk higher is the cost." 

Continue Reading about 4 months ago
Flipkart exploring the SPAC route of going public
Finance

Flipkart exploring the SPAC route of going public

Today, the hottest thing in finance is four letters’ long – SPAC. For a while now, it has been rife in Wall Street. To us Indians, it wouldn’t have mattered until desi companies got associated with the news. So yeah, Flipkart and others are exploring the SPAC route of going public in the US. Sounds interesting?

Continue Reading about 4 months ago
Peak Margin Rules: Margin requirement reaches a new peak!
Finance

Peak Margin Rules: Margin requirement reaches a new peak!

A few days before, NSE technical glitch would have made you sad as you lost the opportunity to earn profits without any fault of your own. But you will be sadder after knowing that the new peak margin norms came into effect from March 1, wherein SEBI is planning to double the peak margin. It looks like SEBI is planning to convert us from traders to investors. Trading may get you more profits, but what is the point of becoming a millionaire if you don't even have time to enjoy your life.

Continue Reading about 5 months ago
How to Become a Millionaire: Achieving Financial Success
Finance

How to Become a Millionaire: Achieving Financial Success

Did you know that only 20% of the millionaires of the world have inherited their wealth? The rest, 80%, made it to the top on their own. And it makes you think if they can, why can't you?

Continue Reading about 5 months ago
Why Financial Planning is Important for Women?
Finance

Why Financial Planning is Important for Women?

In the 21st century, women are at par with men. From just being a stay-at-home spouse, women have come a long way, facing the patriarchal society, getting their rights, and then securing the top position of the companies and countries.

Continue Reading about 5 months ago
Highlights of Union Budget 2021
Finance

Highlights of Union Budget 2021

Picking up in the aftermath of a once-in-a-century pandemic, the country waited with bated breath for the annual budget presentation on February 1. This budget was poised to be India's formal response to the COVID-19 crisis.

Continue Reading about 6 months ago