Don’t let your child step into a plane without this essential item

What’s more important than cash and clothes when your child leaves the country? It’s student travel insurance – don’t let your child leave home without it.

Ever since your child was born, gratifying his every wish became your life’s mission. You gave him everything: the toys he wanted, fulfilled his dream to visit Disneyland, bought him the PlayStation he pestered you for…and now you got him admission to the foreign university he wants to study in. His bags are being packed as you read this, his admission procedures are complete and now you await the bittersweet moment of parting. Continue reading “Don’t let your child step into a plane without this essential item” →

What Does the Budget 2016 Mean for Your Finances?

Although India has seen a decline of 13% in the monsoon during 2014 and 2015, the nation’s economy registered growth of 7.6% in 2015-16. Foreign investment reserves rose to a record value of US$350 billion. The Consumer Price Index (CPI) also came down from 9 to 5.4 during this period. The Finance Minister of India, Arun Jaitely, presented the Union Budget on February 29, 2016, with a special focus on income through taxes and foreign direct investment. There were many reforms included for finance companies in India as well. It also focused on the development of the agriculture and health care sectors. Here’s how the Union Budget could affect your finances and finance companies in India. Continue reading “What Does the Budget 2016 Mean for Your Finances?” →

Indians who never followed football are sad due to Messi’s retirement

Messi, the argentine wizard, announced his retirement, after Chile beat Argentina in the finals. Funny to know that his fans in India, who never follow football or have seen him play in a complete match are also heartbroken by this news. Doctors have called this the Acquired Messi Depression (AMT) Athlete Syndrome. Continue reading “Indians who never followed football are sad due to Messi’s retirement” →

7 secrets to improve your Fixed Deposit interest

Opening a Fixed Deposit account is something of importance in today’s economy. But, how does one ensure that their FD gets them the best possible returns? Read on to find out.

Fixed Deposit accounts are a type of savings account that functions on a fixed interest rate for a predetermined period of time. Once the account matures, the interest is then credited to you, the investor. Fixed Deposit rates in India are constantly fluctuating, so if you opened your FD at a reasonable interest rate, then you probably have nothing to worry about. However, here are a few ways to improve your returns from your FD. Continue reading “7 secrets to improve your Fixed Deposit interest” →

Myths about Tax Refunds

When you think of April, do you feel a fondness for warmer weather and flowers, or do you feel a sense of dread for the tax deadline? It seems like a lot of people these days focus too much on the negative aspects of filing their taxes. Some of them think about it so much that they forget to appreciate the return of spring. It probably doesn’t help that taxes are in the news due to elected officials who want to lower taxes even though the United States has one of the lowest tax burdens in the developed world. Continue reading “Myths about Tax Refunds” →

RBI decision highlights the increasing role of ICTs in Banking Sector

RBI has ordered Indian Banks to develop a stronger focus in terms of capabilities to combat cyber crimes. The increasing role of ICTs in the indian banking industry is highlighted in this statement. It is interesting to note that RBI has recently frame the policy which insurance the need for Indian banks to have a dedicated focus for combating Cyber crimes. Indeed this is evident the way recently RBI has his structured its internal organisation to include a CIO heading at its top management who has a very strong focus on cyber security with decades of experience in the domain. Continue reading “RBI decision highlights the increasing role of ICTs in Banking Sector” →

The FMB Movement

The Family Managed Business Movement was pioneered by Dr M L Shrikant who combined Business Acumen, Management Education and Gandhian way of life. Through his life work of building one of the foremost business schools of the country, he propagated mission of “Influencing the Practice here and now”and “Value based Growth.” Linking Gita to Management he was a believer in Abyudaya (Rising together).

Today most of the Family Business discussions around us follow the western ethos which proclaims individualism, competition and consumption. Continue reading “The FMB Movement” →

4 essential factors to consider before buying a term insurance plan

Why should you opt for term insurance over other life insurance products? We present four compelling reasons.

Every person is aware of one basic fact of life: it changes in one instant. There is nothing one can do to prevent future tragedies from taking place. At best, one may prepare oneself emotionally and financially to meet a future mishap with equanimity.

However, despite being aware of this basic fact of life, not every person takes proactive steps to pre-empt the financial ramifications of a future setback. While one may feel that one’s savings can help in times of a crisis, the reality is that just one visit to the hospital can wipe out not just your savings but everything you own. On the other hand, unpaid debts can haunt the family when the primary earning member is absent from their lives. No matter how diligently you save your money or how carefully you live, there is no way to predict how soon or late a catastrophe may strike. Continue reading “4 essential factors to consider before buying a term insurance plan” →

What to ask your loan manager when applying for a home loan

Your dream home could be within your grasp with a home loan. Get all the information you need with the right questions to ask the loan officer.

In today’s times of spiralling real estate prices, it becomes difficult to buy a house without availing of a home loan. However, in your excitement about buying your dream home and getting a house loan, you could inadvertently forget to ask the most important questions to the loan officer.

Allow us to nudge you in the right direction with a few questions to start you off. Continue reading “What to ask your loan manager when applying for a home loan” →

Forex Trading For a Living

Believe it or not, there are Forex traders out there who live a comfortable life solely through trading on the Forex market. In might seem like a dream to some of you who are doing it as a side job while maintaining your finances through the main employment. But it is clear that trading Forex for a living is possible. Yes, it takes a lot of dedication and time to become a successful trader but fortune comes to those who work hard in order to achieve it.
Continue reading “Forex Trading For a Living” →