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In today’s fast-paced world, credit cards have become an essential tool for managing personal finances. They offer convenience, security, and a wide range of benefits. However, it’s important to understand that having multiple credit cards can impact your credit score in various ways. In this article, we will explore the reasons why having multiple credit …
Some of us tend to compare our career scripts to that of previous generations. We only see the difference in salary level, not knowing that Rs 100 in the 1960s is Rs 8,858 in 2022! (This assumes an inflation rate of 7.5%). Therefore, using the same old scale to measure the success or effectiveness of …
There was a time when most people in our country didn’t think health insurance was necessary. However, after two turbulent years of the COVID-19 pandemic, that is no longer the case. As an element of stability in the face of uncertain events, health insurance has found its rightful place as an essential part of the …
Wealth creation. A comfortable life in retirement. Expensive vacations. A good life. As tempting as these prospects are, many employees find it hard to imagine having it all. Take the case of this gentleman, Ron, whom I recently met in my investor education class. Ron has a good mix of stocks, sticks to mutual funds, …
In a tweet on Jan. 13, Aashish P. Sommaiyaa, CEO of White Oak Capital, the latest addition to the mutual fund space, announced that the name had changed from YES Asset Management to Whiteoak Capital Asset Management. The change will take effect on January 12, 2022. Sommaiyaa also said that YES Mutual Fund will now …
A quarter of India’s power generation capacity has been shut down, mainly due to fuel shortages. At a time when Idia’s electricity demand is growing at its fastest rate in decades, almost a quarter of all installed thermal, nuclear and hydroelectric capacity is being shut down. According to the monitoring report of the Central Electricity …
Indonesia, the world’s largest exporter of cooking oils, will expand its export ban to include crude palm oil, adding to uncertainty in a market that has seen skyrocketing price volatility and threatens to worsen global inflation. food. The ban will extend to crude palm oil, RBD palm oil, and used cooking oil, Coordinating Minister for …
The monthly Goods and Services Tax (GST) collection reached an all-time high of Rs. The gross GST tax exceeded Rs 1.5 crore for the first time in April 2022 and Rs 1 crore for the 10th consecutive year. The gross revenue of GST collected in April 2022 is Rs 167,540 crore, of which Rs 33,159 …