What is Title Insurance? This is insurance against the loss of owner status for reasons that the person did not know when he purchased the apartment. It protects exclusively legal rights – if the owner ceases to be the owner for reasons beyond his control, the insurance company will pay the money. You can stop being the...
Has keeping your head above water for your business been more of a struggle than you thought it would be? If so, isn’t now the time to do something about it? One thing you never want to have happen is your finances get too far into the red. If they do, it can be tough to get your company back in the black. So, what steps...
Purchasing an insurance policy should be your utmost priority when you buy your first automobile. The Motor Vehicles Act, 1988, mandates the purchase of third-party insurance liability for all automobile owners. This insurance comes in handy if you are involved in an accident with a third party. In such situations, your...
Parents face many difficulties so that we can have a good lifestyle. They give away all of their money, time as well as efforts so that we do not have to face any hardships. As they grow old, it becomes our responsibility to look after them and their health. And so, taking care of them when they’re unwell is necessary....
Entrepreneurs require substantial capital to establish a business. Even when a business takes off and begins to grow, it needs extra funds to carry out its daily operations. There are a lot of financing options that can help entrepreneurs avail the required capital for business expansion. One of the most popular funding options...
The “Credit Linked Subsidy Scheme” (CLSS) under Pradhan Mantri Awas Yojana (PMAY) was introduced by the government of India. The PMAY subsidy scheme apprehended the vision of housing for all by the year 2022. Continuation of the PMAY scheme has been approved by the cabinet beyond the year 2019-20 up to 2021-22 in the...
Picking an ideal debt mutual fund to add in your investment portfolio can be a complicated task. This is because there are as many as 16 different categories of mutual fund types. Typically, debt funds invest in fixed income instruments such as money-market instruments, corporate debt securities, corporate bonds, government...
According to a report from Computer Age Management Services, which is the registrar and transfer agent of most mutual fund houses, 16 lakh new mutual fund investors in the financial year 2018-19 were millennials between the ages of 20 and 35 years. The younger population currently make up 47% of new investors in mutual funds....
As per reports by the National Payments Corporation of India (NPCI) and Reserve Bank of India, the value of digital transactions went up from Rs. 66.34 crore in 2013-14 to Rs. 207.98 crore in 2017-18. As the world shifts to digital transactions, mutual funds too are welcoming newer digital avenues for investors. The primary...
Day traders are always on the lookout for intraday tips to make a quick buck. In their pursuit of earning high returns, they sometimes purchase stocks based on hearsay or arbitrary rumours. This could be a risky move. And, because trading in shares on a daily basis can be a dangerous game, it is crucial to make the right...