Basis Point – A basis point is one one-hundredth of a percentage point. Any changes in the interest rate, exchange rate and bond yields are often described in terms of basis points. Eg: If the interest rate moves from 3.15% to 3.35%, it has risen by 20 basis points.
Economic forecasting is a very important way of analysing the future state of the economy. This article takes a look at the deficiencies of the system. It has been suggested that economic forecasting boils down to intelligent guesswork. There are three basic models at work for predicting the direction world economy will take. One is…
Digital security is paramount in the business world because of the growing dependence on technology that the world has gone through. Information management becomes a task that has much importance for sustainable customer retention in today’s age. In today’s day and age where businesses often struggle to meet industry standards, certifications that vouch for standard…
21st century is a good time to be alive. Technology has simplified our lives. Things that were harder to do a few decades ago are easier today because of humanity’s relationship with science. From bullock carts to self-driving cars and smoke signals to sonar, technology has transformed our lives in quite meaningful ways. In today’s world,…
With the rising popularity of cashless transactions in India and the government’s efforts to shift towards a digital economy, it becomes vital to keep your Aadhaar card up-to-date. Your Aadhaar number or UID is your 12-digit identification number where all your information is stored. Since the introduction of the Aadhaar scheme in 2009, we’re sure a lot has changed; you’ve probably moved houses or changed your phone number and it’s important that you update your details on your Aadhaar card at the earliest. So, how do you go about it? Here’s a step-by-step guide on how to go about it.
Every investor’s dream is to earn amazing returns on low capital investments! But people often think that every investment that gives high returns would be too risky. Well, that needn’t always be the case. Though investments mostly equate to returns, there are a few things to remember before jumping on any investment option. Here are 5 easy ways to ensure high returns on your investments.
Short term investments are usually sidelined when compared with long term investments. In a conventional sense, any investment for a tenure lesser than 1 year is considered to be a short term investment. People often associate short term investments with high risk but that needn’t always be the case. You need to make informed decisions when it comes to investments; be it long term or short term.
We’re only about a month into 2017 and it seems to be a successful year thus far. To help you keep this prosperity going we’ve shortlisted seven books from the world of finance. In fact a recent study revealed that 88% of rich people spend at least thirty minutes everyday reading to improve their knowledge! We hope our list of classics and new releases will help you stay on top of your finances this year!
The Union Budget was announced on February 1, 2017 amidst great hope. The public hoped for a Budget that would address the dull after demonetisation. And it did not disappoint. The government focussed on expanding the tax net while rewarding the honest taxpayers of the country. Let’s take a look at the key taxation reforms announced in the Budget for the common man.
The story about a wealthy businessman in Brazil who wanted to bury his beloved Bentley became an internet sensation in 2013. But the real reason he pulled such an absurd stunt left many speechless. Here’s the story of Thane Chiquinho Scarpa and the beautiful reason behind the ‘funeral’ of his car.