Found 242 Articles for Finance

SBI announces slashing its charges for not maintaining minimum balance by 75% which will be effective from April 1st, 2018. SBI has previously announced that the Metro and Urban customers are requested to maintain Rs. 3000 minimum balance from October 1, 2017. Customers in semi-urban areas were required to maintain RS. 2000 monthly balance and rural branches required customers to have a minimum balance of Rs. 1, 000.The charges being levied for non-maintenance of minimum balance was a bit high which were slashed down by 75% after considering the view of various stakeholders. The freshly revised average monthly balances for ... Read More

Future and Options are the common forms of derivatives. The major difference lies in the way the gains are received by the different parties.An option is having the buyer right to buy or sell a share. But it is not an obligation to buy or sell a share at a certain specified time or price, during the duration of the contract.A Future contract gives an obligation, which is to buy a specified asset to the buyer, as well to a seller to sell or deliver that asset at a specific future date unless the holder’s position is closed prior the ... Read More

As Summer is soon approaching and temperatures are soaring high, it is common to start looking for a better Air conditioner that is amicably priced and suit your needs. As you are asking for the best brands between Rs.30, 000 to Rs.50, 000 in India, I suggest that it is always better to go for 5-Star BEE rating. The 5-Star rated electrical products consume less electricity, which means it's good for your pocket and for the environment as well.Here are some prominent brands with their special features.ProductRatingCapacityPower ConsumptionAdditional featuresCostVoltas 185 Cya5 Star1.5 ton1438 WAnti-Dust filterAnti-bacterial filterAuto-restart feature32k – 35kVoltas 185 ... Read More

Undoubtedly, the most requisite thing for every woman should be immediately tax-free. Currently, sanitary napkins are burdened with 12% GST which is certainly not acceptable to the government that blowhards women empowerment and safety.Let me highlight here that most of the eatables and services like staying in a hotel, transport, construction fall in this category. I strongly object for putting this extremely necessary item, which is associated with the health of the women, should neither fall in this category, nor it’s taxed.Thankfully, the finance ministry of India is taking a consideration and might make them tax-free.

Before leading up to the stairs of the share market, investors, especially beginners experience the dilemma between what to choose and what not. Investors come across a number of situation where they have to choose one over the other. For instance, Blue Chip or Mid Cap. Let’s find out what exactly they are?Blue Chip CompaniesIn a layman’s terms, a Blue Chip company holds a huge market share, a huge number of customers, grand brand value, offer good liquidity in stocks, render great turnover in business, tracked by all Stock Research houses etc. These are some bright sides of a Blue ... Read More

Investing in shares is definitely an alluring proposal when you have that spare cash, however, it's a risky endeavor that needs some careful thought before you plunge in. While you can earn great rewards most of the times, but when not researched properly it can bring on a huge financial disaster. The risks and the uncertainty attached to shares is what makes one think twice before they get into it. Here are a few things that you should keep in mind before investing in stocks.Research Before You Buy − Runs quick research on the company and its performance in the ... Read More

Reasons Behind Poverty In IndiaOur own poor mentality.Our Laziness.Illiteracy.No will and courage to change things around us.What Needs to Be DoneFirst of all, fix the aforementioned issues.Raise the self-confidence and start believing in ourselves as a country.Never forget, we are no less than anyone else is in the world.Love your country and contribute to its development.

The Reserve Bank of India is considered as India's main bank, which controls the financial strategy of the Indian currency. It initiated its operations in 1935 amid the British Rule. The RBI has an essential impact on the Development Strategy of the Government of India.A Central Bank is an independent powerful banking authority which controls inflation, makes financial policy report and responsible for depositing foreign exchange reserves etc. The RBI needs to play out an extensive range of duties to reach out to the national objectives and industrial objectives.The general superintendence and course of the RBI is ensemble of 21-member ... Read More

Every new business starts with an innovative idea and vision. The idea when gets converted into action, a new business is created. Initially, there will be many problems when a new business is started. With careful planning and meticulous implementation of the plan are required to kick-start the business.To initiate a new business a procedure has to be followed.Compose a one-page business strategyThe start an independent venture, particularly in the start-up stage, one has to keep things basic and costs low. Expenditure and time, both must be taken care of to achieve a proper setup of the business.Many entrepreneurs fall ... Read More

In the world of business, Unicorns are by no means the mythical single horned Equus; it refers to the category of companies called startups with a valuation of over a billion dollars. Hence, recycling unicorns are nothing but startups in the recycling sector that are worth over a billion dollars. It was venture capitalist Aileen Lee who first coined the term 'unicorn' for startups that broke the billion-dollar threshold and the reason he did so was that startups that are worth a billion dollars are as elusive as the mythical unicorn. And yet, there are over 200 unicorns around the ... Read More