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How does money double?Talking about the calculation of doubling of money in this scheme, it is very easy. Actually, in this Govt Scheme, interest on the investment amount is calculated on the basis of compounding. If we understand from the example of investment of Rs 1 lakh, then on the basis of 7.5 percent interest…
There is flat trading in the stock market today i.e. on 16th March. Sensex is trading at 74,500 and Nifty at 23,100. Metal, energy and banking shares are on the rise. There is a decline in auto and IT shares. Asian Market Update GSP Crop Science’s IPO will open today. Agrochemical company GSP Crop Science’s…
New Delhi: An Indian IT professional recently shared on Reddit how he built a net worth of Rs 9 crore in 20 years through disciplined and long-term investing. The techie revealed that he had accumulated his wealth without any inheritance or extra real estate, but through consistent investment in shares. The 47 year old IT…
For many working professionals, managing monthly expenses while saving for the future can be a challenge. But for CA Meenal Goel, financial discipline is all about priorities and planning ahead. When her take-home salary was Rs 1,45,000 per month, she made sure every rupee had a purpose and created a balanced system that allowed her…
New Delhi: CA Nitin Kaushik has summarized the lesson best on X that luck has nothing to do with the wealth that stands the test of time. It is built slowly and quietly, and requires well thought out, disciplined decisions in a row. In yet another post on X, Kaushik recounted the story of a…
Mumbai41 minutes ago Copy link The IPO of HDFC Bank’s non-banking subsidiary company HDB Financial Services Limited has been opened today. Investors will be able to do bidding by June 27 for this issue. Learn the entire details of IPO and how much money you can invest in it … Question: What is the IPO…
Mumbai32 minutes ago Copy link The IPO of HDFC Bank’s non-banking subsidiary company HDB Financial Services Limited is opening on June 25. Investors will be able to do bidding by June 27 for this issue. Learn the entire details of IPO and how much money you can invest in it … Question: What is the…
New Delhi44 minutes ago copy link Many people are investing in the stock market for higher returns than fixed deposits. But if you have less knowledge about the stock market then you can invest in mutual funds. You can earn good profits by investing in flexi-cap funds of mutual funds. This category has given returns…