Modi's Launch of Make in India initiative

The Prime Minister Mr. Narendra Modi launched his "Make in India" initiative to boost manufacturing sector on Thursday 25th September 2014 at Vigyan Bhawan in New Delhi in presence of 500 top corporate CEOs across the world.

The "Make in India" campaign program includes initiatives to facilitate investment, protect intellectual property and build best-in-class manufacturing infrastructure.

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Make Sure Your Money is Safe (DICGC Guarantee)

Guide to the Deposit Insurance System in India

Deposit Insurance and Credit Guarantee Corporation (DICGC) (a wholly owned subsidiary of RBI) guarantees Deposit Insurance Coverage up to Rs. 1,00,000 (Rupees One Hundred Thousand) for all Leading Commercial Banks.

Each depositor in a bank is insured up to a maximum of Rs. 1,00,000 for both principal and interest amount held by him/her as on the date of liquidation/cancellation of bank's licence or the

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Top 10 What Not to Do with Money Part2

Here’s Balance Top 6 - 10 in continuation to Top 5 What Not to Do with Money to keep more of your Money to keep you away from making financial mistakes.…

6. Don't manage your money without a proper plan

Ensure that you have a proper financial plan to manage your money and rigidly adhere to the same. It helps you to avoid unnecessary / impulse spending and safeguard your money. Do not invest money only on the basis of what others say. You must identify your priorities and set realistic goals.

When you are new to Investment, you must start saving with smaller amounts in

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Top 10 What Not to Do with Money Part1

Want to Keep/Have More of Your Money?

Though we are eager to save money, but as you know handling money is not that easy. Here’s Top 1-5 What Not to Do with Money to keep more of your Money to keep you away from making financial mistakes.…

1. Don't stash your money in a savings bank account

Don't make the mistake of keeping all your money as idle in your bank account. Investing and doing so at a regular basis is

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Why Saving Money is So Important Part2

Importance of Saving Money Part2

Save Money

In Continuation to Part1 of Why We Save Money, Though there are 'N' number of importance of Saving Money, we can see the remaining most significant reasons to save.

     



7)     For Retirement: At Present, Average Life Expectancy has increased to 64.7  (Age) in India, so it is better to start saving earlier to face your post-retirement life in an

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Why Saving Money is So Important Part1

Importance of Saving Money Part1

Saving Money

One of the key factors for your financial freedom is developing the habit of Saving. Saving sounds simple, but it's not always easy to do with the kind of life we are living. Unfortunately, majority of people start realizing importance of saving money when it is too late. Good Financial Planners realize every one need to save today's earnings for expenses they will have to face in the future.

Everyone might be hearing about Saving Money…. And you may

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Types of Savings

We can divide your total Savings into three parts:

1) Sacred Money - You would never want to risk this part of your savings. You may keep this at home under the mattress or invest in Bank accounts and in Government guaranteed schemes

2) Serious Money - This part of your savings you are willing to expose to a little bit of risk. You may buy debentures issued by high quality companies, or you could invest in FD's of good corporate.

3) Aggressive Money - This you may use to invest in shares or other relatively risky investments which have a potential of giving excellent returns.

Types of Savings can also be considered based on the foll. Factors: Your savings time horizon (i.e., less than a year; more than five years); and your savings need (i.e., Fun Fund, Retirement).

The amount you want to invest and the

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Basic Rules of Money Management

Money management is extremely important to your financial well being. Improper management of money will lead to financial difficulties & bankruptcy. This simply means "spending more than what is earned". The two ways of increasing wealth is to either increase our income, or decrease our expenditure. 

“Are you playing safe with money?”.   

If not, here are some basic rules to help you get your money into good positive shape.

1.  Plan Your Finances

Plan for your families’ future, any major

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