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New Delhi: Angel investor and Financial Expert Ankur Warikoo believes that India is facing a silent but severe household savings crisis. He has proposed three simple formulas following which people can save more money and live a comfortable life. Warikoo in a Youtube video-explainer said that India’s household savings rate has plunged to just 5.1…
New Delhi: A man from a village who now earns 35 lakhs per year shares an inspiring journey of struggle, responsibility and growth on social media that has won countless hearts. Taking to Reddit, the man has shared an inspiring journey of resilience and determination as he battled all the challenges of life while continuing…
Turning 30 often comes with a quiet realisation: the future isn’t as distant as it once felt. Whether it’s a child’s education, a first home or early retirement, the next 15 years will decide a lot and that’s exactly why many young earners begin looking for a serious wealth-building plan. For anyone hoping to build…
The Post Office Recurring Deposit (RD) scheme is fast emerging as a preferred option for investors seeking stable, guaranteed and risk-free returns amid volatile market conditions. Backed by the Government of India, the scheme allows savers to build a sizeable fund through small monthly deposits, making it particularly attractive for those planning long-term financial goals…
New Delhi: Analyst Sujay U claims that one simple formula can predict your financial destiny in just 10 seconds. Sujay said that the rule of 72 is the simplest wealth formula in the world which indicates the precise time it takes for your money to double. Sujay took to LinkedIn to describe the rule of…
New Delhi: CA Nitin Kaushik has said that to have a good retirement corpus one has to invest early. Early investment ensures a healthy retirement corpus which serves as a financial safety net to cover living costs, healthcare and other lifestyle needs and ensures a comfortable and financially secure life throughout retirement. His X post…
New Delhi: The Department of Pension & Pensioner’s Welfare (DoPPW) under the Ministry of Personnel, PG & Pensions has issued clarification regarding deletion of name of daughter from the family details of a Central Government pensioner. “Rule 50 (15) of the CCS (Pension) Rules, 2021 provides that as soon as a Government servant enters Government…
New Delhi: Chartered Accountant Abhishek Walia believes investments increase in value over time. Walia asserts that the only way to create wealth quickly is “staying long enough to let compounding do its job.” Walia, the founder of Zactor, pointed out on LinkedIn that most people think luxury cars and fancy holidays drain their money. He…
How much money do you really need to be happy? How can you balance your needs and wants? How can you make your money work for you — not just for returns, but to truly create wealth and freedom? These are the questions that often linger in our minds. To decode them, the two leading…
New Delhi: You may have invested in several financial instruments to give your family a cushion incase of an eventuality, but if the documents and the backup files are not in place, your family might have to face unwanted difficulties in materializing the funds meant for them. Sarthak Ahuja, CA and who is also into…