Commodity Trading and Exchanges in India
A Commodity refers to a good or resource that is a part of our everyday life and sometimes used as a raw material in production by companies. Some general examples of commodities are Gold,...
A Commodity refers to a good or resource that is a part of our everyday life and sometimes used as a raw material in production by companies. Some general examples of commodities are Gold,...
Group health insurance is also known as a corporate health insurance policy. It is a policy that provides health insurance coverage to a specific group of people. For example, it includes members of an...
Sovereign Gold Bond Scheme was launched by the Government of India in November 2015. The Sovereign Gold Bonds are issued by the RBI on behalf of the Indian Government. The bonds are substitutes for...
Gold is considered one of the safest investment options throughout centuries. Digital Gold was first offered to consumers in India in 2017 by e-wallets such as Paytm and PhonePe. It allows you to invest...
InvIT – Infrastructure Investment Trust is a trust having a structure similar to mutual funds where they pool the money of investors and invest in infrastructure projects to generate income. In India, InvITs are...
REITs issue units or shares to investors and investors receive the rent received from the real estate properties under the REIT as dividends. REITs have a structure similar to mutual funds where they pool...
Coffee Can Investing is a long-term investment strategy in which you buy stocks and forget about them. The term was first coined by Robert J. Kirby in 1984. The strategy offers you the benefit...
Critical illness refers to illnesses that cause serious harm to health, which may prove fatal also. These illnesses have a significant impact on our lives as they can not only suppress our physical endurance...
Due to increasing medical and hospitalization costs, and increased lifespan, the health cover you have today may not be sufficient a few years later. It is not economical or efficient to buy multiple health...
Top Up policy is the cheapest way to supplement your health cover. The increasing medical and hospitalization costs may make your health cover negligible in the future. But it is not feasible or manageable...
One of the side effects of technological advancements is the rise of lifestyle diseases. On the other side, advancements in medical research have also made many of the diseases curable and treatable. However, the...
Preference shares are a type of company’s stock in which dividends are paid to the shareholders before they are issued to the common stockholders. There are two major types of shares that can be...
A secondary market is a marketplace where participants can trade the securities issued in the primary market. People can buy and sell shares without the intervention of the issuing company. The most commonly known...
The Capital Market is divided into two parts – Primary Market and Secondary Market. Primary Market is also called the New/First issue market because the securities are traded here for the first time. Hence, it...
Solvency Ratio in personal finance is used to determine if you can pay off all your debts by selling your assets in case of a financial emergency. It is measured by comparing your total...
Debt to Disposable Income ratio helps you to understand how well you will be able to service your debt without compromising on your lifestyle. It is mostly measured as a monthly metric by comparing...
Debt-to-Income Ratio in personal finance is a comparison of your debt payment amount against your income. This ratio is best to be calculated on monthly basis. It is calculated as below: DEBT-TO-INCOME RATIO =...
Net Worth Ratio, also known as Asset to Debt Ratio in personal finance is your balance sheet measuring your net wealth at a given point in time. This ratio compares the total assets you...
Current Ratio is a very important liquidity ratio used in both business finance as well as personal finance. It is called so because it considers only current assets and current liabilities. It is calculated...
Liquidity ratio in personal finance indicates your ability to meet committed expenses by using your cash assets. This ratio tells how comfortably you can meet your financial obligations when you are faced with any...
What is NPS? National Pension System(NPS) is a pension scheme offered by the Government of India. It is a voluntary contribution scheme that is market-linked and managed by professional fund managers. It was launched...
What are Chit Funds? Chit Fund is one of the popular savings options in India. It is both a savings and a credit product. Chit funds may be organized by financial institutions or informally...
What is a Credit Score? A credit score is a three-digit number representing the creditworthiness of an individual. It usually ranges between 300 and 900, depending on the credit scoring agency. A person’s credit...
What is ASBA? ASBA stands for Application Supported by Blocked Amount. It is an application made by investors which include authorization to a self-certified syndicate bank (SCSB) to block the application money in the...
What is ESPP? ESPP is a tax-efficient way through which employees have the opportunity to purchase stocks of the company they work for at a discounted price. Employees contribute to the plan by way...
What is ESOP? Employee Stock Option Plan (ESOP) is a type of employee benefit plan which gives you an ownership interest in the company. In this, you can acquire the shares of the company...
What are RSUs? RSUs are stocks of the company given by your employer as part of your compensation. The number of stock units allocated to you per annum as RSUs would be mentioned in...
What is RNOR? RNOR (Resident but Not Ordinarily Resident) is a transitional tax status given to returning Non-Resident Indians (NRIs). In India, the residential status of a person in relevant for determining the taxability...
CIBIL Score is simply an individual’s credit score. It is a 3-digit numerical summary of your credit history. It is calculated based on the past borrowing and repayment details of credit as shared by...
In India, the majority of the trading happens in two exchanges – the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). BSE SENSEX and NIFTY50 are the main stock indices of these exchanges...
A stock market index is a statistical measurement of a section of the stock market. It measures the performance of a basket of stocks that are listed on the stock exchange and are grouped...