ICTs, Business and Society
Tag: Finance
Starting your own business stands as one of those transformative decisions. The prospect of bringing your ideas to life feels incredibly energizing, but there are some things to consider. Your journey into entrepreneurship may involve careful evaluation of several key factors.
Continue reading “Starting a Business? 4 Things to Consider”
Financial literacy represents more than just a sophisticated concept. It serves as a pathway to effective money management and enduring financial well-being. Many individuals find themselves uncertain about their financial understanding.
Continue reading “How Can You Improve Your Financial Literacy?”
Navigating the realm of personal finance can often feel overwhelming, yet mastering this skill is crucial. Here are four things about managing finances.
Continue reading “4 Things About Managing Finances”
Overall Equipment Effectiveness (OEE) offers a powerful metric for contextualizing manufacturing losses through Availability, Performance, and Quality pillars. By effectively quantifying where systems fail to fire at optimal capacity, the OEE percentage calculates losses and illuminates improvement opportunities when precisely formulated from rigorously tracked data.
Continue reading “Boosting Efficiency: A Step-by-Step Guide to Calculating OEE”
Term insurance is a type of life insurance that provides a large sum of money to your beneficiaries in case of your untimely death during the policy term. It is one of the most affordable and simple forms of life insurance, as you can get high coverage at low premiums. For example, you can buy a 1 crore term insurance plan starting from as low as ₹ 384 monthly, depending on the insurer, your age and a few other factors.
Continue reading “Why is it not a Good Idea to Surrender your Term Insurance Policy?”
Business development needs proper attention, skill, hard work, and professionalism. The progress of business requires time as well as money. Finance is one of the essential components of any business and startups. If the finances are not managed properly, then it can eventually cause declining in the industry. The big companies hire a team of professional persons, who keep a check on the monetary affairs, the sales, the profits, etc. any business or company aims to increase sales and profits by gathering more customers. For which, they need to be very cautious and focus on the investment.
Continue reading “Gross Profit Margin and Markup”Liquidity is an important aspect of one’s personal finances. Is bank savings account the best way to maintain liquidity? No, there are better ways of managing liquidity. We can here mention about liquid funds.
Liquid Fund is a kind of mutual funds which invest your money in money market instruments such as a certificate of deposits, commercial paper, and Treasury bills, with a residual maturity of up to 91 days. Continue reading “Know the Working of Your Liquid Funds”
We have seen life insurance being sold aggressively by agents at the end of the financial year, mostly during the month of January to March. You know the reason? It is tax saving! Most of the companies ask their employees to submit proof of their investments so that the remaining tax on their salary income for the financial year can be deducted and deposited with the Income Tax department.If you are one of those who do tax planning at the last moment should note that you might end up buying a wrong life insurance plan. Continue reading “Life Insurance: Saving more than your taxes”
Marketplaces have always been the preferred shopping choice since forever. They allowed access to multiple brands and various options in a single area. This translated into a convenience in terms of saving the time to be spent in traveling as well. Similarly, for the sellers in the marketplace, this resulted in giving them access to a large customer base as well. As such, marketplaces were a win-win situation for both the shoppers as well as the sellers. Further, with the advent of the internet era, the concept of marketplace got redefined and was taken to another level, as online e-commerce portals like Flipkart, Amazon etc. enabled access to several marketplaces just with a click of the mouse. Similarly, for booking your travel tickets, you no longer need to check with your travel agent every time you need to plan your vacation and just log on to any of the travel booking sites like MakeMyTrip, Yatra etc. Continue reading “Online Lending Marketplaces – New Talk of the Town”
People who take up trading are often seen as gamblers or risk-takers. But trading is not just rolling dice and hoping for the best. Many people decide to trade before they get the right education for it, sometimes simply because they don’t realize there is an education to be had. But when it comes to trading, trading without knowing how can be costly.
Ask any successful trader what tools were most helpful in their training, and they are sure to mention a trading simulator. Trading simulators are designed to mimic what it’s like to trade on the market, without the risk of losing real money. Continue reading “What to Look for in an Online Trading Simulator”
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