Every working person dreams of achieving financial freedom and building a solid corpus of ₹ 1 crore by the age of 50. But your investment plays a more important role in achieving this goal. Time (Time Horizon) Plays. The earlier you start, the faster the magic of compounding makes your …
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SWP Magic: Deposit ₹1 crore and get ₹1 lakh monthly ‘pension’, fund will not be empty even after 10 years; understand the complete mathematics
There is always a question in the mind of every employed and self-employed Indian that how will they get a fixed income every month after retirement. Traditionally people turn to bank fixed deposits (FD), Post Office Monthly Income Scheme (POMIS) or Senior Citizen Savings Scheme (SCSS). In an era of …
Read More »If jewelery worth crores kept in a bank locker is stolen, does the bank really return the entire money?
In almost every city and town of India, bank locker is considered to be the most impenetrable place to keep ancestral wedding jewellery, gold coins and important property documents safe. Common customers assume that their life savings are completely safe under the surveillance of bank’s strong concrete walls, heavy iron …
Read More »Central government’s historic decision for former OFB employees: What is the new rule now?
A very relieving news has emerged at the level of the Defense Ministry for more than 70 thousand employees and officers working in 41 Ordnance Factories across the country. The Empowered Group of Ministers (EGoM) headed by the Union Defense Minister has taken a major decision regarding the service rules …
Read More »ChatGPT’s new personal writing style feature rollout, will write emails and drafts exactly in your style; Know how to start it
OpenAI, a leading company in the world of Artificial Intelligence (AI), has released a major update for its chatbot ChatGPT. Now ChatGPT will not just reply in a normal and robotic manner, but will learn the user’s personal writing style and create content, emails and messages in the same style. …
Read More »Mutual Fund Wealth Secret: ₹10,000 will become ₹2 crore in a month! You just have to press this ‘secret button’ in SIP; This powerful calculation of compounding will surprise you
Most salaried people and investors start a fixed SIP of ₹5,000 or ₹10,000 every month and keep the same amount running for years. While even a simple SIP creates wealth in the long run, it has one major drawback—your income and salary grow by 8% to 12% every year, but …
Read More »PM-Kisan Big Update: Will farmers now get ₹ 10,000 annually instead of ₹ 6,000? Agriculture Ministry and PIB break silence on viral claim; know the truth
For the last few days, a news has been circulating rapidly on various social media platforms, WhatsApp groups and YouTube videos, in which it is being claimed that the Central Government Prime Minister Kisan Samman Nidhi Yojana (PM-KISAN) There has been a big increase in the financial assistance given under. …
Read More »Yes Bank Stock Price: Tamil Nadu gets big relief from GST, huge reduction in bank penalty
These days, the eyes of the investors of the Indian stock market are especially focused on the movement of Yes Bank shares and every small and big news related to it. Just after the closing of the stock market, a very important and sensitive financial information has been shared by …
Read More »Biocon Big Block Deal: 1.66 crore shares will be sold for Rs 639 crore as soon as the market opens tomorrow, this unit of True North made big preparations
A big news is coming out which is creating a stir in the Indian stock market and corporate world. A mega block deal is going to happen for the shares of the country’s leading biopharmaceutical company ‘Biocon Ltd’ based in Bengaluru. According to reputed media reports, ‘Active Pine’, a major …
Read More »Will artificial intelligence increase or decrease job opportunities? the truth is something else
Regarding the growing era of Artificial Intelligence (AI), there is only one big question in the minds of employed people around the world whether machines will take away the jobs of humans in the future or whether new and better avenues of employment will open up. Recent global reports and …
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