Category: PiggyBank

The best effective way to gather financial tips is reading blogs. We have put together the investment advice.  As many people wanted to invest the money, but due to lack of knowledge about Investment, they often take their steps backwards. We will make you understand how each of these topics works together for laying a solid financial foundation for you.   Also, we focus on every segment of Investment, such as wealth management, tax saving investment, personal investment. Not only this but also gives you the idea about financial market investing. Our only aim is to represent complex investment services in simple ways, so those newbie investors can easily understand the concepts. Read on to get the knowledge about how to secure your money.

What Creates a Vital Move in the Stock Market?

There is an almost endless number of parts that can make the stock market to move significantly in one way or another, including financial data, geopolitical issues, and business view.  Market Sentiment  For example, the tech stock crackup in the early 2000s was the end of a balloon in dot.com funds as investors were euphoric ...

Hit the strike by investing smartly

The economic slowdown and a resilient stock market are making a lot of investors worried. Many mutual fund investors are questioning whether they have made a blunder by funding in equity mutual stocks. Some investors are asking about whether they should hold their SIPs in equity mutual stocks. Some others are feeling sad after considering ...

Demat Account Vs Trading Account

Demat Account Vs Trading Account For those of you who need to invest in stock markets, there are few basics that you have to be informed of. Two of the basic requirements for dealing in a stock market means, a Demat account and a trading account. Even though these two elements are essential, a lot ...

How Does the Stock Market Work?

The stock market is where investors compare to buy and sell properties — most ordinarily, stocks, which are shares of possession in a public organisation. Definition: What is the stock market? The term “stock market” often leads to one of the major stock market averages, because it’s challenging to follow every single property, these rules ...

Stocks Vs Mutual Funds – Differences, Returns, Risks, Performance

Stocks Vs Mutual Funds – Differences, Returns, Risks, Performance Choosing between stocks vs mutual funds is a difficult choice. You need to base your choice on the amount of risk you are ready to take. For more great returns, you will have to be prepared to take a more prominent risk. Understanding Stocks and Mutual ...

Worst unemployment in decades distorts Indian consumer loans

India’s bad debt discomfort has focused on corporate debt, and loans to people who have been seen as more reliable. Given the production in the market and a drying-up of wealth from shadow banks, interpreters are indicating possible risks, though openly accessible data on private loan arrears is rare. “There’s stress growing up for sure ...

RBI orders limitations on PMC Bank; withdrawal limited to Rs 1,000 per account

The Reserve Bank of India has ordered Punjab and Maharashtra Co-operative (PMC) Bank not to do any profession for six months and capped client removals at Rs 1,000, losing the lives of thousands of merchants, self-employed and daily wage earners into confusion. The governor has also designated an executive for the bank.  Failures appear to ...

GST collecting slips under Rs 1 lakh crore value to Rs 98,202 crore in August

In another notice of financial slowdown, GST collection in August fell below Rs 1 lakh crore mark to Rs 98,202 crore. The tax accumulation was at Rs 1.02 lakh crore in July this year. The August mop-up was, though, 4.5 per cent higher than the Rs 93,960 crore raised in the corresponding month last year. ...

India’s GDP growth falls to a 6-year low of 5% In April-June quarter.

India’s economic growth declined to a six-year low of 5% in the April-June quarter of 2019-20, according to standard data published on last Friday. The prior low was reported at 4.9% in April-June 2012-13. The economic growth was 8% in the corresponding quarter of 2018-19, as per PTI. The Reserve Bank had marginally reduced the ...

Muthoot Finance warns to close down 300 offices in Kerala.

 A preeminent gold financing company, Muthoot Finance Limited (MFL), which owns more than 600 branches in Kerala on Tuesday warned to shut down at least half of them following a revolution brought out by a section of workers with the help of CPI(M)-backed Centre of Indian Trade Unions (CITU).  In the Muthoot headquarters in Kochi, ...