Bitcoins are back in news, after its prices crashed to $3000 level in 2017. The currency gave the return of around 307% in 2020 and is currently trading around $38,000 level . But before you dabble in the cryptocurrency, you should know that buying virtual currencies is not illegal in India, but it is not […]
experts believe bitcoin may hit Rs 1 crore
Not so long ago, a typical bite sized insurance was getting a cover while buying a train ticket. And now we have come a long way as you can buy customised cover for anything — from a backpack to cycle. What is bite sized insurance? Bite sized insurance is a product for a specific […]
Many people apply for a credit card without understanding how it works. The easy money entices them to swipe the card irresponsibly without thinking how to pay it back. The surprise comes later when they receive the statement loaded with heavy penalty and interest charges. Here are five questions you should ask before applying for […]
How safe are bitcoins. Here's a look
It’s a double whammy for small investors. The high inflation and low interest rate on fixed deposits are nibbling away at their savings. This is because, currently, bank deposits are giving the return as low as 5.5% while the inflation rate is as high as 7%. The real rate of return on FDs work out […]
You might be preoccupied and the renewal of your health insurance policy could be on the back of your mind. But do you know you can lose all your continuity benefits if you don’t renew your policy on time. Here is a lowdown on nine benefits you can lose if you forget to renew your […]
You are just out of college and have got your first job. You have been eagerly waiting for the salary credit message. When you read the magic words “Your Salary has been credited”, you immediately start planning on spending it. There is an urge to treat yourself with that high-end dinner or buying an expensive […]
Bitcoin has given stellar returns since the start of this financial year. If you want to know more about the cryptocurrency here are a few FAQs. What is Bitcoin? After the subprime mortgage crisis in 2008 many governments had to print billions of dollars in order to bailout banks and insurance companies. This excess liquidity […]
When it comes to saving taxes we often get confused whether to go for traditional Public Provident Fund (PPF) or investing in the stock market through Equity Linked Saving Schemes (ELSS). Here is a primer on what these two tax-saving schemes offer and how to choose between them: Equity Linked Saving Scheme (ELSS) What is […]