In order to uplift, the traditional artisans and craftsmen across India, the Indian Government has recently launched the Pradhan Mantri Vishwakarma Yojana (PMVY). This scheme provides a loan facility of up to ₹3 lakh at a low interest rate of 5%, aimed at supporting the Vishwakarma community that includes skilled workers such as carpenters, blacksmiths, …
Nowadays, short-duration mutual funds are in great demand because they are favored by investors who are seeking lower risk and stable returns within a short time period. Short-duration mutual funds invest in assets like Treasury bills (T–bills), Commercial papers, Certificates of Deposit, Corporate bonds, and Government Securities (G-Secs) to ensure they have enough liquidity. Security Exchange …
Priyanka Gandhi Vadra is a renowned name that needs no introduction. She comes from the well-known Nehru-Gandhi family and is a prominent political face in India. She was brought into the headlines because of the financial investment she made in one mutual fund. At the same time, others prefer to diversify their investment portfolio and seek to park their …
There are two primary types of investment options available to investors: market-linked and non-market-linked investments. Understanding the difference between them is important. Market-linked investments typically offer higher returns but come with greater risk, as their performance depends on market conditions. If the market underperforms, the returns may suffer. In contrast, non-market-linked investments are not tied …
Investing can be confusing, especially when deciding between bonds, stocks, and mutual funds. While diversification is widely recognized as a safe and secure strategy, each option comes with its own set of advantages and risks. The best choice ultimately depends on your financial goals, risk tolerance, and investment horizon, as Bonds, Stocks, and Mutual Funds …
In today’s financial world, the Bond Market has become an essential part of the global financial system as it provides a platform for Governments, Corporations, and Institutions to secure funding. In this expansive marketplace, different entities issue and trade bonds, which are debt securities symbolizing loans from investors to issuers. Investors earn interest income and get …
Bank of Baroda has made changes to the interest rates for some of its fixed deposit plans, meaning the interest you earn on certain deposits has either increased or been adjusted. They’ve also introduced a new deposit scheme called the “BOB Utsav Deposits Scheme.” This new plan offers higher interest rates to its customers, so …
If increasing your savings is a priority, a high-yield savings account provides a great balance of financial safety and competitive interest rates. Whether you’re creating an emergency fund or saving for a home, this type of account can be a valuable tool in achieving your financial objectives. But what exactly is a high-yield savings account, …
Tata shares are likely to be in the spotlight during Thursday’s trading session i.e 10th October 2024 after the passing of Ratan Tata, Chairman emeritus of Tata Sons and a prominent Industrialist who significantly contributed to the growth of one of India’s largest and most influential conglomerates. The Veteran industrialist Sir Ratan Naval Tata died …
A term insurance policy is a financial safety net that protects against the risk of untimely death, offering financial support to the family left behind. Due to the affordable coverage provided by term plans, many people opt for multiple policies to increase their coverage amount. But can nominees file claims from more than one term …
