The financial services sector is being increasingly targeted by cybercriminals, especially after the the coronavirus outbreak. Can anyone of us put our phones down for even a day? The clear answer is no. We are facing more and more destructive malware attacks due to an ever increasing dependency on artificial intelligence. Cyberattacks are now going […]
Warren Buffett once famously said: “Someone’s sitting in the shade today because someone planted a tree a long time ago”. Building wealth is a long process with obstacles along the way and sometimes they are unavoidable. The key lies in financial planning. You need to have a financial plan to invest in your future and […]
Wants are unlimited but money in hand is limited! We want to buy a lot from the limited kitty we have but are left frustrated due to our endless list of desires. If your shopping list is ready before your salary is credited, then you need to be careful. It may have an adverse impact […]
Those who have retired after 2014 have seen the interest income on their FDs shrink nearly 40%, making it difficult to live on the interest income from savings.
The government and RBI have been monitoring the impact of the pandemic on the economy and have taken several steps to support the economy in a timely manner. We feel the 2021 Union Budget will be important to revive growth. The following areas are likely to get a growth push: — Ramping up infrastructure development […]
In last year’s budget, the healthcare sector received paramount focus. The upcoming budget should review the challenges brought by the pandemic and appropriately allocate more resources to meet the demands of the healthcare sector. Listed below are main points of my Budget wishlist: Increase budgetary allocation for healthcare sector From the healthcare sector perspective, […]
New Delhi: Yes Bank is looking to build a brand around its credit card business and aiming to double its customer base in the segment in the next two years, the head of its credit card business said. Also, the bank is targeting a four-fold rise in its book value over the next two years. […]
Benchmark equity indices BSE Sensex and NSE Nifty cracked over 1% on Monday following weak global cues and reports of Indo-China border tension. The 30-share Sensex closed 530.95 points down at 48347.59, while the 50-share Nifty index settled 133 points down at 14,238.90. With a fall of 5.36 per cent, energy-to-telecom behemoth Reliance Industries emerged […]
An important financial impact of the Covid-19 pandemic has been that individuals have become very cautious with their money and its management. The first instinct for many was to cut down expenses, especially those which were thought to be non-necessary. This helped increased savings, which is a positive in the overall money management process. Not […]