Christmas is a time of year when many people think about their finances. Whether you are looking to save money on Christmas gifts or you are trying to plan for the future, there are a few ways you can go about financial planning during the holiday season. Here are some tips to help you have …
The Palm Olein Import Scam refers to allegations of corruption in the import of palm olein by K. Karunakaran, the leader of Kerala’s United Democratic Front government. The Kerala government chose Power and Energy Limited at random, without seeking offers. How was the scam discovered? The Kerala government purchased 15,000 tonnes of palm oil from …
In 1992, the Harshad Mehta scam wiped out more than a third of the market valuation and led to many changes made in the Indian stock market by the government. Harshad Mehta’s $1.3 billion stock market manipulation paved the way for more robust, stricter, and intelligent market regulation. He convinced banks to transfer funds to …
1. Commonwealth Games Scam 2010 When India hosted the Commonwealth Games in 2010, approximately 70,000 crores were stolen from the country’s coffers. It is estimated that only half of the money set aside for Indian athletes was spent. The organizing committee of the 2010 Commonwealth Games in India awarded Swiss timings a contract worth 141 …
Major Financial Scams in India Between 2010-2022 (Part-3) Read More »
1. Ketan Parekh securities scam 2001 Ketan Parekh was a trainee at GrowMore, Harshad Mehta’s company. He was a suspect in several frauds in which Growmore was involved. When the dot-com bubble burst in the late 1990s, he began investing in low-liquidity IT and telecom firms. Because of the significant increase in the value of K-10 …
Major Financial Scams in India Between 2000-2010 (Part-2) Read More »
In recent years, we have all witnessed numerous financial scams in India involving the losses of thousands of crores of rupees. In this article, we will discuss the significant financial scams in India. Remember, these are only the ones that have been revealed and many are yet to be uncovered. The number of people involved …
Major Financial Scams in India Between 1990-2000 Read More »
Car prices have skyrocketed, making finding a good deal nearly impossible. However, if you must buy a new car this year, there are still a few ways to save. In 2022, the majority of buyers will pay at or above the market price for a new or used vehicle. Between November 2020 and November 2021, …
If you’re new to the world of options, you may be wondering what the difference is between call options and put options. In this blog post, we’ll break down the key differences between these two types of options, and we’ll also give you a few tips on how to choose the right option for your …
Call Options vs. Put Options: What’s the Difference? Read More »
Hedge funds are still in their early stages and are not as well known as other types of mutual funds. Even though they, too, pool investments from various investors, they employ highly complex strategies to ‘hedge’ risks and give high profits. In this article, we will summarise everything you need to know about hedge funds …
Introduction When it comes to financial management and financial planning, there is a big difference between the two. Financial management is the process of monitoring and controlling a company’s financial resources. Financial planning, on the other hand, is the process of creating a plan that will help you achieve your financial goals. If you are …
Difference Between Financial Planning and Financial Management Read More »
