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Total public debt, measured as debt to government gross domestic product (GDP), is expected to remain high at 30-31% in the current fiscal year 2022-23, about the same as the previous fiscal year at around 31, 5 %. said the largest national rating agency CRISIL in its report published on November 10. Additionally, the report …
By the way, the monsoon season is not considered the best time to buy a house or property. With mortgage lending rates rising, and indeed in general, many homebuyers who were on the fence now face a dilemma: it’s now or never. Here are some things to keep in mind when looking for an apartment. …
The term “financial freedom” or “financial independence” can mean different things to different people. For some, this may mean having enough financial resources to cover their living expenses, while for others it may mean having enough money to meet their financial goals or life choices. Financial freedom can also mean reducing debt. Take these steps …
HDFC Mutual Fund, the third largest asset manager in the country, has submitted a defense fund application which will be the first such fund in the mutual fund industry at Rs 37 lakh crore. The HDFC Defense Fund will be a sectoral fund that will invest in companies involved in the defense sector. HDFC Mutual …
A guide to financial independence Financial freedom is generally thought of as “a state in which an individual or household has sufficient assets to support themselves without relying on income from any form of employment.” But as Robert Kiyosaki says, “Financial freedom is available to those who learn it and work for it.” If you …
The Reserve Bank of India (RBI) accepted 21 out of 33 recommendations from an internal working group on the ownership policies and corporate structure of private sector banks on November 26. For non-bank financial corporations (NBFCs) seeking conversion to a universal bank, the sponsor company’s minimum experience requirement, including an NBFC in the conversion process, …
When a financial emergency arises, a personal loan is the most popular option for obtaining money for many. With the increasing demand for this unsecured loan, it is not cheap, unlike other loans. The interest rate is usually higher and it takes a lot of work to get the best deal. Learning from the mistakes …
Debt management refers to an informal agreement with unsecured creditors to pay off a debt over a period of time, usually by extending the time it takes to pay off the debt. As part of debt management, and SOA is offered to creditors. In this way, your disposable income, evaluated by the debt management company, …
