We all recognize the significance of possessing an Aadhaar Card. It serves as a nationwide identity proof. Whether you’re looking to rent a home or purchase a vehicle, having an Aadhaar Card is essential. In 2018, the Blue Aadhaar Card, also known as Baal Aadhaar, was introduced as an identification document for children under 5 …
Finance Minister Nirmala Sitharaman delivered her seventh consecutive Union Budget 2024-25 on July 23rd, 2024 during the Budget session of parliament. This milestone makes her the first finance minister to present seven consecutive Budget speeches, breaking former Prime Minister Morarji Desai’s record of six consecutive budgets between 1959-64. Nirmala Sitharaman announced an increased standard deduction …
In the field of financial planning, ensuring a reliable income after retirement is crucial as it could directly impact an individual’s capacity to sustain their lifestyle, manage medical costs, and fulfill long-term financial objectives without the risk of depleting their savings. A consistent income stream post-retirement ensures financial stability and tranquility, enabling retirees to relish …
In recent times, it has become increasingly difficult to fulfill all your needs and desires solely with your salary or other sources of income. As a result, people often need to take out various types of loans to meet different expenses. For instance, home loans are used for purchasing residential property, car loans for buying …
Investing in bonds has always been considered a safe and steady way to grow wealth. However, the high entry cost, often requiring a minimum of Rs. 1 lakh, has discouraged many retail investors. This high barrier has made it difficult for smaller investors to take advantage of the benefits of fixed-income investments. The great news …
Nowadays, new and innovative financial investment instruments are always being developed, providing various options for businesses and investors of all sizes. One such option that has attracted a lot of attention is Masala Bonds. This unique financial tool offers great potential for Indian companies looking to access international markets. In 2014, the International Finance Corporation …
Nowadays, social media can be biased or misleading, so it’s important to have a reliable and unbiased source for investment information. To invest effectively in the dynamic financial markets, a reliable guide is essential. Acknowledging the necessity for accessible and thorough investor education, the Securities and Exchange Board of India (SEBI) has introduced an innovative …
Investing in bonds or bond funds is a strategic approach to diversify your portfolio and secure a steady income. However, for newcomers to investing, deciding between individual bonds and bond funds can be challenging. Each option has unique advantages and disadvantages, and understanding these differences can guide you in making an informed decision. To aid …
Index funds have become increasingly popular among investors of all levels, from beginners to experts. Their appeal lies in their low costs and easy management. However, many people still don’t fully understand what index funds are and how they work. This Blog aims to demystify index funds, offering a comprehensive overview and shedding light on …
I’m 35 and began investing in stocks 5 years ago. I’ve saved around Rs 10 Lakh, split between stocks (50%), fixed deposits (15%), mutual funds (25%), and sovereign gold bonds (10%). Now, I want to mix things up and try out different investment options. Where should I begin? After 30s, planning your money is highly …
