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India’s gold demand surged 43% in the April-June quarter, but factors including inflation, rupee-USD rates, and political action are likely to weigh on consumer sentiment, a report says. According to a World Gold Council (WGC) report, India’s gold demand was 170.7 tonnes in the April-June quarter, compared to 119.6 tonnes in the corresponding quarter of …
In recent years, a forex chart has become a favorite travel companion for many travelers. A forex card is a prepaid debit card loaded with foreign currency. Nowadays, however, some neobanks have started offering global rupee travel cards. It is a new type of card in the highly competitive market of credit, debit, and prepaid …
The ultimate goal of purchasing term life insurance is to ensure that our family maintains its lifestyle, dreams, and goals even in our absence. People who buy term life insurance expect two things. First, the money must be paid, and second, it must be paid smoothly. The payment of the money depends on the declarations …
The Reserve Bank of India (RBI) introduced the Marginal Borrowing Rate (MCLR) on April 1, 2016, to offset the base rate, which was the benchmark rate for everyone at the time. of commercial banks. However, the banks’ delay in passing on the benefits of low repurchase rates to clients under the MCLR program prompted the …
Homebuyers will have many options to choose from this holiday season. Property developers are offering discounts, some state governments have lowered stamp taxes, and banks are competing for lower interest rates. Interest rates have been the lowest in 15 years. For example, Kotak Mahindra Bank offers mortgage rates starting at 6.75%, while Bank of Baroda …
Living with high blood pressure can be expensive and seriously affect your savings. When Arun went to the doctor for his routine checkup, he was amused to learn that his blood pressure was above normal and that he had been diagnosed with high blood pressure. Realizing that his high-risk factors could lead to cardiovascular disease …
Insurance is an effective tool to cover your financial expenses in the event that your car is damaged. Regardless of whether it is a private or commercial vehicle, auto insurance is critical to protecting your car from potential loss or damage. Ensuring your car should be based on the risk factor. A commercial vehicle can …
The claims settlement rate is a very essential part of an insurance company. This ratio provides information on the number of claims paid and the total number of claims received by the insurance company. This index is a measure to evaluate the reliability of an insurance company in the resolution of claims. It is calculated …