If you rely on a credit card to make most of your financial transactions or you are planning to switch to a credit card for the rewards and cashback it offers, it is important to know that once issued, a credit card cannot be used forever. Every credit card has an expiry date. What is…
For representative purposes. | Photo Credit: iStockphoto The story so far: Donald Trump, the President-elect of the U.S., has promised to impose tariffs of up to 60% on Chinese imports to correct the huge trade deficit the U.S. has with China and also as a punitive measure to make China reduce the subsidisation of its…
Personal loan loans are flexible financial options that can be availed in pursuit of different goals of life such as paying an emergency medical bill, funding home improvements or realising that special dream vacation. Before getting into the world of personal loans, however, one needs to get a gist of the basics. Also Read |…
Around nine months after the stress tests for small and mid cap funds became mandatory for mutual fund houses, some of these funds would still require as long as 43 to 56 days to liquidate 50 percent of their portfolio in case of a stress event, reveals the latest data for October. This is relevant because…
Over a period of time, the use of personal loans has extended to cover almost all possible needs of any individual, for example, loans for home renovation, medical expenses, etc. These loans are very useful but still remain flexible and easy to use.. Yet, as much as they may all be termed personal loans, they…
Personal loans have become a popular choice amongst people who are looking for quick funds to cover a big event or are planning a luxurious vacation and need some backup cash or are in some emergency and need urgent monetary assistance. Interest rates play a major role in determining your potential EMI for the personal…
Are you a conservative investor who is looking to invest in some safe financial instrument? If the answer is ‘yes’ then you can, among other instruments, invest in a fixed deposit. Besides FD, one can also explore the prospect of investing in small savings instruments, or post office savings schemes. These schemes include PPF (public…
Are you planning to apply for a personal loan but are confused whether to go for a secured loan or an unsecured loan? Many banks and Non Banking Financial Companies (NBFCs) provide personal loans which may or may not require collateral. However, before you choose one, it is important that you first completely understand your…
Daksh Gupta, CEO and co-founder of Greptile, a Y-Combinator-backed AI start-up based in San Francisco, shot to fame recently for a long post he wrote on the ‘X’ platform where he wrote about his start-up’s culture of long working hours. He mentioned that typical workdays start at 9 am and end at 11 pm and…
How can a private trust benefit a differently abled child? Who should be appointed as a trustee? And how can utilization of the trust’s assets be effectively controlled? Establishing a private trust to safeguard the financial future of a differently abled child offers significant advantages over other forms of security or investment. Unlike general financial…
