Finance and Economy

How to Invest in Commodities in India

How to Invest in Commodities in India?

Commodity investments can help you diversify your holdings and protect against inflation. To get going, take note of these crucial steps: 1. Get Familiar- Start by familiarizing yourself with the various categories of commodities, including agricultural, energy (natural gas), precious metals (gold, silver), and more. Recognise the variables that affect their prices, such as the …

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What is the Max Amount for Personal Loans in India

What is the Max Amount for Personal Loans in India?

In India, the maximum amount for personal loans can vary significantly based on the lender, the borrower’s financial profile, and other factors. Generally, personal loans in India can range from as low as ₹10,000 to as high as ₹50 lakhs or more. Here’s a breakdown of the factors that influence the maximum personal loan amount: …

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Types of Pet Insurance

Types of Pet Insurance?

Certainly, Pet insurance can be categorized into several types to accommodate different requirements and financial considerations. These categories include: 1. Accident Only Coverage- This basic insurance option primarily handles expenses related to injuries resulting from accidents, like fractures or incidents involving vehicles. It is a budget-friendly choice but doesn’t extend to illnesses. 2. Accident and …

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What is Pet Insurance and How Does It Work

What is Pet Insurance and How Does It Work?

Pet insurance is a financial service tailored to assist in covering the expenses associated with medical care for pets, including dogs, cats, and, sometimes, exotic animals, much like how human health insurance operates. It offers a safety net for pet owners by helping manage the often-significant costs related to unforeseen veterinary treatments or routine check-ups. …

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What is MLM and How Does It Work

What is MLM and How Does It Work

MLM Full Form and Definition The abbreviation for multi-level marketing is MLM. This business strategy depends on a network of independent sales agents or distributors to market goods and services. These distributors receive commissions from both their own direct sales and the sales of people they bring into the MLM network. The terms pyramid selling …

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Financial Institution

What is A Financial Institution?

A financial institution is a critical element of the global economic system, serving as a fundamental intermediary for the management, allocation, and circulation of funds within the economy. These establishments act as go-betweens connecting individuals, businesses, and the broader financial markets, facilitating the movement of money, investments, and financial services. Among these institutions, banks are …

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Bankruptcy Certificate

What is Bankruptcy Certificate?

A bankruptcy certificate is a pivotal document in the complex world of bankruptcy proceedings, signifying the completion of a legal process aimed at managing overwhelming debt. This certificate holds significant legal and financial implications for individuals or businesses who have successfully emerged from the depths of insolvency. An individual or entity that finds themselves unable …

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Mutual Funds Utilizes Your Money in Only 10% Of The Total Market Shares

Mutual Funds Utilizes Your Money in Only 10% Of The Total Market Shares

A shocking news has emerged regarding mutual funds a few weeks back. Currently, data has displayed that mutual funds do not invest money in about 90% of the companies in the stock market. You must have purchased some mutual fund scheme through SIP as there are a total of 427 active mutual funds schemes in …

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How to Create a Monthly Budget

How to Create a Monthly Budget?

Creating a monthly budget is a fundamental step toward managing your finances effectively, achieving your financial goals, and ensuring you live within your means. This is a short guide on how to make a monthly budget: 1. Revenue Evaluation: Start by figuring out how much money you make each month from all sources, including your …

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Groww leave behind Zerodha to become the top brokerage in active investors.

Groww leave behind Zerodha to become the top brokerage in active investors

Groww is a new Indian startup that has currently  surpassed the common trading household name Zerodha as the largest stock broking service in India. The founders, Nithin and Nikhil Kamath have now entered the clan of millionaire brothers who envisioned their glory via this user-friendly app that is ruling every investor’s heart . Surprisingly, Groww …

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