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This generation of Indians has an extremely difficult task in supporting their retirement. Recently, every conversation about retirement in India has devolved into a dispute about whether the New Pension System or the Old Pension Scheme is preferable. However, this topic is meaningless to 96% of Indians because the Central and State governments employ just approximately …
When closing an FD for a sudden need or for any short-term requirements, there are a few economically viable solutions to consider. The alternatives should be designed to reduce borrowing costs and maximize the use of the FD, allowing you to obtain the lowest loan option if an emergency demands a short-term monetary commitment. In both …
We may encounter certain years that are notable for geopolitical turmoil and the ensuing broad economic chaos, or inflation and the consequent interest rate rises, or layoffs resulting in a significant downturn, or all of these factors culminating in some financial system failures. The following are a few crucial financial lessons to remember when we …