Coronavirus Cure: Glenmark and Cipla share hits the Upper Circuit
Investing

Coronavirus Cure: Glenmark and Cipla share hits the Upper Circuit

Heard of one-stroke wonders? This is a term that is usually used in the sport of Cricket to describe batsmen who perform once in a crucial situation and help their team win but can not do anything great after that. Now a days, it has also become a trend to ‘Go Viral’. You would have observed that when something goes viral on social media, people remain crazy about it for a few days or probably weeks but then, forget it. By now you would be wondering, why are we telling you all this?

Continue Reading about 1 months ago
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 1 months 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 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
Health Insurance Plans: Types of health Insurance in India
Investing

Health Insurance Plans: Types of health Insurance in India

For humans their greatest asset is health. Most of us might have heard the famous quote “Health is Wealth”. Humans are the greatest asset for companies as well as for their family, and assets are exposed to risk that their ability of generating profit may be lost or decreased. This is a monetary or economic risk attached to human assets, and this is where the role of insurance comes in.

Continue Reading about 1 months ago
Patanjali Ayurved bang entry into the Bond Market with its product
Entrepreneurship

Patanjali Ayurved bang entry into the Bond Market with its product

There were some questions about Patanjali which were hovering over my mind. One, since Patanjali is going through a serious distribution issue and is also facing drop in revenue, what would be the way ahead? And second, since the time Coronavirus started spreading alarmingly people are blindly behind gigantic pharmaceuticals expecting them to create a magical vaccine. Why has Ayurveda not tried creating a cure for Covid-19?

Continue Reading about 2 months ago
SBI FD Rates: SBI slashes FD rates by 40 basis points
Investing

SBI FD Rates: SBI slashes FD rates by 40 basis points

SBI slashes FD rates by 40 basis points. And, a cursory view of Nestle India’s stock. The previous generation has hailed fixed deposits so much that even we find it attractive. Whenever a person in India has got some extra money, the first option that comes to mind is getting an FD done. Reasons for this are also simple – no risk of losing money, a decent rate of return (till now it was slightly more than inflation) and an option to get your money back anytime (compromising the interest). But, latest news from the State Bank of India has put all the FD lovers in dilemma.

Continue Reading about 2 months ago
Upstox Review 2020: Know about Brokerage Charges and Comparision
Investing

Upstox Review 2020: Know about Brokerage Charges and Comparision

Just a few years ago when the ‘smartphones’ and ‘apps’ were not part of our language, people interested in trading had to reach out to their brokers. The brokers would not only trade on behalf of the customer, they would also undertake activities like advisory and wealth management of the customer.

Continue Reading about 2 months ago
Top 6 Best Savings Bank Account in India based on Interest Rates
Investing

Top 6 Best Savings Bank Account in India based on Interest Rates

When it comes to opening a Savings Account we are faced with a wide choice to take our pick. However, to narrow down our choice we need to first identify our needs based on our current financial situation, existing banking habits and one’s future needs. You can evaluate the options on the basis of  a customer centric bank offering good interest rates, netbanking options, wide network of ATMs, flexibility in deposits and withdrawals, personal banker services and overall convenience.

Continue Reading about 2 months ago
Investors: Record Number of New Demat Account added during Lockdown
Investing

Investors: Record Number of New Demat Account added during Lockdown

Record number of retail investors added during lockdown. And, Sectorial Talks on discount brokers. It looks like people are staying home and passing their time by trading in the stock market! ‘Baithe baithe kya karein, karna hai kuch kaam, ban jao retail investor le ke prabhu ka naam,’ probably that’s what people are doing. We say this because as per the reports, record number of people have opened their accounts with the trading platforms. The numbers released are astonishing.

Continue Reading about 2 months ago
Legal Will: How it works and it
Economy

Legal Will: How it works and it's Importance

In Italy, the doctors have been unofficially told to write their ‘will’. A ‘will’ is a ‘deed’ that declares who will own the assets of the person after they die. Though the concept of will is not new to India, it is unpopular.  Will is largely considered a taboo as it is interpreted as a trust deficit between parents and children, or just amongst children. In India, familial ties are considered sacred and hence, the concept of will goes against the moral structure of the society. However, with time it is important to be sensible and practical enough to declare a will. If done properly, it can also help in tax savings for the beneficiaries, which mostly happen to be the family members.

Continue Reading about 4 months ago
Yes Bank Update- Know About 3 Years Lock-in
Investing

Yes Bank Update- Know About 3 Years Lock-in

Yes Bank investors are now facing a three-year lock-in period. What’s going on? When a new animal is brought to a zoo, it has to stay there for a certain period. Whether the animal is uncomfortable or it’s enjoying its stay there, it doesn’t have an option to exit. We had never thought that this phenomenon could be applied to human beings as well. But, this has been imposed upon a group of investors who have now been virtually locked down with their investment and won’t be able to exit for next three years. We’re talking about those who have invested in Yes Bank. The rescue plan for the reconstruction of ailing Yes Bank has been introduced with a twist. A three-year minimum lock-in period has been imposed on the shareholders who hold more than 100 shares of Yes Bank (to an extent of 75 percent of their holdings).

Continue Reading about 4 months ago
How to Identify Quality Stocks in a Market Crash
Investing

How to Identify Quality Stocks in a Market Crash

The stock market witnessed one of its biggest falls ever and the carnage is not yet over. Volatility is the name of the game right now and investors should brace themselves for the worse. In times of such uncertainty, an investor has two options; either to panic sell good stocks or stay calm and look at this crash as an opportunity to invest in more quality stocks. However, given the situation all the stocks in market is falling, making it difficult for the investors to differentiate quality stocks from fundamentally weak stock. 

Continue Reading about 4 months ago
National Pension Scheme: Everything you should know
Investing

National Pension Scheme: Everything you should know

More than half of the population have a brief plan as to what they will be doing in the near future. It may not necessarily be a clear one but a vague picture of what you might be doing 5 years from now or 10 years from now.  The entire blueprint as to which college or school your child as to go, which house to buy, which car to purchase, etc. would be set inside your mind. But one thing most of us fail to include in this equation is our retirement.  With inflation set on full speed, life can be dismal without a proper plan as to how you are going to cope up after retirement. 

Continue Reading about 4 months ago
All About the Yes Bank Crash
Investing

All About the Yes Bank Crash

Yes Bank is in doldrums. But, how has it managed to do this? Read and find out below. Imagine you visit a fight club and see that two fighters are ready for a bout.

Continue Reading about 5 months ago
What can be the Impact of LIC IPO?
Investing

What can be the Impact of LIC IPO?

On February 1, the budget speech for 2020-21 was going monotonous. Finance Minister was mentioning the intentions of her government-backed by numbers. Then were her words on an ambitious target of disinvesting the Public Sector Undertakings for ₹2.1 lakh crores. However, the biggest cheer came up when the government announced the IPO for Life Insurance Corporation of India (LIC).

Continue Reading about 5 months ago
Cryptocurrency
Investing

Cryptocurrency's Ban Lifted: The Road Ahead

It’s ‘Crypto’ in the House! Supreme Court has lifted the ban on cryptocurrency trading. What does this mean exactly? Read and find out below

Continue Reading about 5 months ago
Top 10 Indian Merger and Acquisition Deals
Investing

Top 10 Indian Merger and Acquisition Deals

Just like Charles Darwin’s theory of ‘Survival of the Fittest,’ only the stronger companies survive in the end. The weak ones cease to exist. Sometimes they join forces to take on a stronger threat to their existence. Animal Spirits drive the companies too. 

Continue Reading about 6 months ago