On 1 st November, the Reserve Bank of India launched India’s first Central Bank Digital Currency pilot project for wholesale purposes. As of now 9 banks namely State Bank of India, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and the Indian unit of HSBC Holdings haveRead More
Traditional & Non-Traditional Ways to Borrow Money
As one of the greatest investors of all times ‘Warren Buffett’ once said “I’ve seen more people fail because of liquor and leverage – leverage being borrowed money. You really don’t need leverage in this world much. If you’re smart, you’re going to make a lot of money without borrowing.” This is true but emergenciesRead More
What is Index? Part 2
This is Part -2 of the write-up What is Index? For Part 1 Click Continued… What is Index? Here is some more information on the Index & FAQs on Nifty & Sensex. Benefits of considering Indices to analyze the movement of the stock market An index can be used as a benchmark making it easyRead More
What is Index? Part 1
When someone asks or thinks about the market, the most important level we think about or check is Sensex or Nifty. When it goes up, we know our portfolio will do better and vice versa. So, these are two examples of widely tracked Indian Index. We are going to learn the basics of Index, theirRead More
Tax Saving Strategies for NRIs
Tax is an obligation – to pay on time and pay right! Matters also get complex if you are an NRI and not in touch with India. But no problems… you must have checked our previous article on Tax Planning by NRIs. We maintain and keep this updated with the new changes. Today we willRead More
Buy Now Pay Later – Let’s Understand it First
Shopping hasn’t changed with the widening variety and newer products, but the way we do it has certainly changed a lot. Earlier people were buying things directly from each other, then came the currency, then came finance, and now the Buy Now Pay Later concept. This recent trend of shopping – BUY NOW PAY LATERRead More