A loan against demat shares is a great borrowing option due to the following factors: Easier with the same financial institution: Applying for a loan from the same financial institution that holds your demat account can make the process smoother. The institution already has your shares as collateral, which streamlines the disbursal process. It’s important …
So the question is, does a smart investor need to care about the multi record breaking, American singer songwriter who seems to be unstoppable? How do you join the worldwide band of ‘Swifties’ after so many years of missing out on her music even though you are reading this for money lessons? Tortured Poets Department …
In simpler terms, pig butchering is a version of smishing where scammers use social media platforms for cyber theft. As the name suggests, the victim is being ‘fattened up’ through validation and friendship before ‘butchering’ i.e. stealing of funds. A simple ‘Hi/Hello’ on a social media platform from a stranger’s profile can turn into a …
A few days after National Stock Exchange’s managing director (MD) and CEO Ashishkumar Chauhan’s deep fake video wherein he is seen recommending stock went viral, BSE’s MD and CEO Sundararaman Ramamurthy’s video is also doing rounds on the social media. Mr Ramamurthy has clarified that he does not initiate or endorse any such communication via social …
As millennials, it’s commonplace for us to prioritise our personal financial aspirations. However, amidst our pursuits, we must recognize the financial security of our younger siblings, who may still need to gain the maturity or resources to secure their own financial futures. Rather than solely indulging in fleeting pleasures like gadgets or social outings, we …
The Employees’ Provident Fund Organization (EPFO) is vital in safeguarding employees’ financial futures through retirement savings promotion. Getting a grasp on the latest clarifications regarding pension rules from the EPFO can be quite beneficial. Here are some aspects that the EPFO has provided clarification on: Eligibility for pension: This might encompass criteria such as minimum …
You have only two trading days to do this to pocket ₹1 lakh tax-free gains from stocks and equity oriented mutual funds. With the BSE Sensex rising 26% and the midcap and smallcap indices shooting up more than 60% in the past one year, most stock investors saw their portfolio grow during the financial year. …
Investment is one such goal that makes the journey of life interesting. Investment is an asset acquired with the goal of generating income or appreciation. Appreciation increases in value over a period of time. Investment is made to create future wealth. When a child is born, learning is gradual. Recognition with senses, reciprocation with gestures, …
This is believed to be either the last or perhaps second last meeting before the interest rates are eventually slashed after a long hiatus. A Reuters poll predicted that the RBI is expected to cut rates in the Sept quarter. Notably, the banking regulator had raised the repo rates by a cumulative of 250 basis points …
If you like scary movies, then you are going to enjoy this psychological scary movie called First Omen. It has everything you need to sit on the edge of your seat (or be stuck to it out of sheer fright) and the most important thing: a story that will keep you interested, even after the …