How one can develop habits of Saving Money?
Investing

How one can develop habits of Saving Money?

By knowing the importance of saving money, most people want to save their money, but without a proper plan and good habits, getting diverted and falling short of financial goals is easy. Sometimes the hardest thing about saving money in India is just getting started. When decided it's time to start saving money, people begin searching for the best ways of saving money. Some start looking for a jackpot that leads them directly to wealth and happiness. While others realize it's an excellent time to begin eliminating debt and unnecessary expenses. Thus everyone's journey to success is a bit different, but there is one thing common among all successful people is good saving habits. Like so many things in life, setting money aside as savings is a habit that needs to be developed. If you are having trouble getting into the habit of saving, you can follow a few money saving tips that might help you to build saving habits and achieve your goals. 

Continue Reading about 19 days ago
What
Investing

What's the importance of saving money and why should you do it

Saving money is one of the essential aspects of building wealth and having a secure financial future. Saving money gives you a way out from uncertainties of life and provides you with an opportunity to enjoy a quality life. Wealthy people have a great habit of saving money and controlling their expenses to grow wealth.  "If you don't find a way to make money while you sleep, you will work until you die." – Warren Buffett For example, Warren Buffett is one of the world's richest men. He knows the importance of saving money, So he values money and always practices spending money wisely. However, if you look around and find out that one who is financially secure can enjoy life with a peace of mind and achieve dreams, one fact that comes out financially stable can enjoy life with a peace of mind.  Here are the few benefits of savings which will help you understand the importance of saving money:-  

Continue Reading about 20 days ago
Can the dream
Economy

Can the dream 'Chinese Products Banned in India' be realised

We are Indians first and all our individual identities come next. So, if there’s anything we can do for the country, we won’t back off. We may be price sensitive people but when it comes to nationalism, we can adjust. And, probably that’s what China needs to understand. That country has tried to almost capture our economy by dumping things at cheapest prices. And now, as you all know it’s trying to get into our borders. Now, the question is that apart from military action, what can we do to teach China a lesson?

Continue Reading about 21 days ago
Reasons Behind Why People are not Saving Money?
Economy

Reasons Behind Why People are not Saving Money?

HSBC conducted a survey and reported that only one-third of Indians save their income regularly. Without emergency funds or savings, one could be putting themselves at financial risk. Most of them believe in the concept of saving money, but only a few manage to practice it. There may be plenty of excuses for not saving regularly like I don't know where to save, I don't know how to save, I don't have enough money to save, etc. After paying bills, renting, and making loan payments, there's often not much leftover, but by proper budgeting and planning, one can build a proper plan to save money. Some people struggle for external reasons, such as health issues, student loans, sick parents, and more prevalent causes than we think. On the other side, there are individuals out there who are utterly irresponsible with their money despite being able to save more. If you neglect savings and an unplanned bill may arise, then it's going to be a problem. 

Continue Reading about 21 days ago
Top 7 Investment Options in India with High Returns
Investing

Top 7 Investment Options in India with High Returns

The Covid 19 lockdown was a learning experience for each one of us. And one of the valuable lessons that must have struck many was the need to Save and Invest for a rainy day. A lot many individuals were faced with a growing financial concern due to the Corona lockdown. It turned out to be a period for individuals to relook and realign their financial goals to sail out of this global crisis.

Continue Reading about 23 days ago
Setback for Chinese automobile companies In India
Economy

Setback for Chinese automobile companies In India

Three decades of rapid and continuous growth, China's automakers have reached a historic inflection point. The industry is witnessing a new reality wherein sales are on the decline, and there is a paradigm shift from the manufacture and sale of internal combustion engine cars to the pioneering of next-generation technologies. The Chinese auto market has reached a saturation point, and hence the automakers were on the lookout for future expansion strategies in newer geographical markets. These companies are flush with funds and are scouting to invest in a market that has the potential to grow since sales growth in China has stagnated. Who better fits in the frame than their neighbor India for this ample opportunity. India's long-term growth potential of the economy and the success of Chinese companies who have ventured into the non-automotive space, these automakers are taking the plunge in the Indian market.

Continue Reading about 24 days ago
AIBDA’s concerns over interest waiver for borrowers.
Economy

AIBDA’s concerns over interest waiver for borrowers.

It is usually the case that someone’s gain is else’s pain. That’s the reason while making a decision, both sides of the coin have to be considered. Although, it’s also true that taking care of everyone’s interest is almost impossible. But then, there’s this condition known as being better off. This means, deciding something which causes the least damage because many a time there are situations when nobody is wrong and yet, a decision has to be made in someone’s favor.

Continue Reading about 24 days ago
What are the Opportunities for Indian Companies in China
Economy

What are the Opportunities for Indian Companies in China

A growing stream of Indian companies is on the lookout for new opportunities in emerging markets. Over the last two decades, China has consistently opened up its economy and has softened and lifted restrictions on foreign investment. The FDI in China for 2019 was $137 billion, climbing a notch by 5.8% from the previous year. China is one of the world's largest recipients of foreign direct investment. The most attractive factor is the large consumer base of 1.3 billion consumers in China. This is a robust trajectory for growth, with ever-increasing consumer spending.

Continue Reading about 25 days ago
Dramatically declining unemployment rate in India.
Economy

Dramatically declining unemployment rate in India.

In the last few weeks, certain things have changed. The nationwide lockdown got over and India entered Unlock 1.0 and then Unlock 2.0. But, just before this, we experienced quite an unusual time where the only thing we knew was ‘Stay Home, Stay Safe’. People stayed at home but the economy entered into an unsafe territory. The slump is still going on and something which shot up as a result was unemployment. During the lockdown, the unemployment rate touched an alarming height of 23.4%.

Continue Reading about 26 days ago
How Chinese Investment in India is Dominating Tech Space
Economy

How Chinese Investment in India is Dominating Tech Space

In a move to curb opportunistic takeovers during the pandemic, specifically from Chinese entities, the Centre has recently revised FDI policy, making it mandatory for prior government approval for direct investments from countries with which India shares a border. This restriction had earlier applied for investments from Pakistan and Bangladesh. Though the Centre has not specified China, the spurt of investments by Chinese investors has prompted the Government to take this decision. 

Continue Reading about 26 days ago
What will be the impact if Indians boycott Chinese products
Economy

What will be the impact if Indians boycott Chinese products

"Boycott China" is the current anthem that resounds in India in retaliation against China's resentment. Amid the border standoff in Ladakh, there has been a clamor amongst citizens to boycott products from China, which is seen as the unreasonable aggressor. The outrage has been extensive on social media, with hashtags like #BoycottChina and #BoycottChineseProducts trending on Twitter and the video by Sonam Wangchuk prompting Indians to retaliate stating that while the Army can handle the Chinese attempts of incursion in Ladakh, can be dealt only with the support and cooperation of the general public.

Continue Reading about 27 days ago
How RBI’s policy changes will affect Kotak Mahindra Bank.
Economy

How RBI’s policy changes will affect Kotak Mahindra Bank.

You would have heard about the term ‘Cause and Effect’. This plays a role in many things happening around us. The simple explanation of this term is that you do something which becomes a reason for something that you might not have expected. For example, nature is surprisingly healing these days due to lockdown. Here, the cause is the lockdown and the effect is healing of nature. A thing to note here is that the lockdown was implemented to curb the pandemic and not to heal the nature.

Continue Reading about 28 days ago
How India can replace China as World’s Manufacturing Hub
Economy

How India can replace China as World’s Manufacturing Hub

The spread of the Coronavirus from Wuhan, the epicenter to the rest of the world, has brought China on a global backlash. The Covid-19 infected millions across the globe, and the lockdowns announced destabilized economies. Around the world, this backlash is building up against China, one for its initial mishandling of the crisis that led the virus to spread across the globe and secondly for the conspiracy theories that this was purportedly masterminded by China to weaken the global economy.  

Continue Reading about 28 days ago
Education loan scheme: Know all about Loan schemes and Criteria
Investing

Education loan scheme: Know all about Loan schemes and Criteria

Wandered for hours and hours in the market, scrutinized and compared bank interest rates for availing an education loan to pursue higher studies? Confused in between choosing, either a government bank or a private bank, where the government banks and schemes are not hassle-free. Private banks favor power through connections and this is what crossed your mind, right? I agree with your opinion, and to understand the schemes and availing methods of obtaining an education loan, Let us dive in further into 3S.

Continue Reading about a month ago
Deteriorating financial condition of Hospitality sector in India.
Economy

Deteriorating financial condition of Hospitality sector in India.

In the last few weeks, many experts have highlighted that India may have unintentionally flattened the wrong curve. Who could forget the epic interview of Mr. Rajiv Bajaj who even termed the lockdown as a ‘draconian’ one. But, it’s not about arguing over the success or failure of lockdown. It’s about the economic revival which depends upon the industries coming back to normal. In this scenario, one industry which has suffered the most is hospitality and the one which will take more time and efforts to revive is also hospitality.

Continue Reading about a month ago
Everything You need to know about Education Loan in India
Investing

Everything You need to know about Education Loan in India

A successful life filled with a six-digit bank A/c, 99.99 percentile, and A+ grades. Then it all begins with particularly one stereotype, which is premier league colleges. Preparation of SAT and CAT is to pursue higher studies from top-B schools like IIT, NIT, and IIM. Everyone wants to study abroad, high-quality education at an enormous cost! But how can a person afford lakhs and crores, all at once, for providing quality education? What should a person do in such a case? According to the general opinion, the person should go for an education loan.

Continue Reading about a month ago
Vodafone-Idea in dilemma about Adjusted Gross Revenue dues.
Economy

Vodafone-Idea in dilemma about Adjusted Gross Revenue dues.

Sometimes, the destiny does not favor you come what may. Think of a farmer who wishes to produce a great yield of pulses this year. Suppose, another farmer acquired land just beside this farmer’s land and starts seeding pulses too. The new farmer had seeds and fertilizers in stock and started the farming process just at the right time. On the other hand, the old farmer had taken a loan to fulfill his supplies and start the process.  

Continue Reading about 1 months ago
Mutual Fund Portfolio: Importance of portfolio Diversification
Investing

Mutual Fund Portfolio: Importance of portfolio Diversification

Ever thought of putting all the eggs into one basket and expected a miracle to happen? We all do, right! High dividends allure us, and so does investing in the top-performing companies. But the golden eggs don't create a shiny basket at times! And here it is the red flag that we are talking about. Imagine the tragedy; you invested in equity for a short period, Debt for the long-term. See, you are already bewildered after reading the last sentence and saying, what was that? This brings me to my next question, how do we know that we have the best portfolio if something called perfect, ever existed in reality. Wait, before we proceed, let's get to know what a portfolio is. What is Portfolio- The Basket; Portfolio- A portfolio accumulates financial assets such as stocks, bonds, commodities, paper money, and fund complements, including mutual, exchange-traded, and closed funds. A sentence looks tough when we read it in a single go. But when we break simpler words into prefixes and suffixes, it becomes readable. Similarly, if we diversify our portfolio properly, we would receive quality results. Blend; Equity & Debt & Equity-

Continue Reading about 1 months ago